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Mint Kolkata

IPO-bound Whatfix targets 20% revenue from AI products

The firm's core digital adoption tool, driving 93% of revenue, is key to boost ROI from AI in enterprise workflows

2 min  |

May 29, 2025

Mint Kolkata

Metro Must Sustain Growth After a Tale of Two Halves in FY25

Metro Brands Ltd's FY25 turned out to be a tale of two halves. The first half was marked by painfully slow year-on-year growth of just 2% in consolidated revenue for the footwear specialty retailer, thanks to fewer wedding dates, the general election and heatwave-led weak footfalls.

1 min  |

May 28, 2025

Mint Kolkata

TechM names US-based exec Santosh Jha as GCC unit head

India's IT majors, Cognizant, Wipro and HCLTech, are strengthening GCC businesses and focusing on a $100 bn market

2 min  |

May 28, 2025

Mint Kolkata

We must address the missing link in e-waste recycling

Producers must set aside funds for Extended Producer Responsibility fees to be paid under the rules

3 min  |

May 28, 2025

Mint Kolkata

JK gains capacity edge over peers

Gaining ground Central India has been a key driver of JK Cement's capacity expansion lately, aiding market share gains.

2 min  |

May 28, 2025

Mint Kolkata

Prime Offices Fund makes debut with ₹750 cr office buy

Prime Offices Fund (PRIME), managed by Nuvama and Cushman & Wakefield (NCW), has made its first acquisition by buying Prius Platinum, a prime Grade A office property in Delhi's Saket District Centre, for ₹750 crore.

1 min  |

May 28, 2025

Mint Kolkata

Prepare for a wave of AI-enabled criminal enterprise

Today's digital criminals can generate fake realities on an industrial scale while truth gets harder to spot

4 min  |

May 28, 2025

Mint Kolkata

The Campaign Goldman's CEO Waged to Silence Powerful Internal Critics

David Solomon was under siege from partners critical of his leadership; the firm launched a probe to identify leakers

7 min  |

May 28, 2025

Mint Kolkata

First batch of MF misselling reports shows limited action

An HDFC AMC case involves misappropriation of ₹54 lakh via fake statements; AMFI has revoked the MFD's licence

4 min  |

May 28, 2025

Mint Kolkata

Coal India-owned mining consultant files papers for IPO

Incorporated on 1 November 1975 as a wholly owned subsidiary of Coal India, CPMDI was upgraded to Miniratna in 2019

1 min  |

May 28, 2025

Mint Kolkata

Race in Trump's America: One step forth and two steps back

Five years after George Floyd was killed, race relations are worse

3 min  |

May 28, 2025

Mint Kolkata

Centre Fast-Tracks Highway Crash Audit Amid Grim Toll

The aim is to identify high-risk zones where safety measures have not been implemented

2 min  |

May 28, 2025

Mint Kolkata

Government Gets a Seat on India's New Payments Regulator. Here's Why

India's decision to establish a new regulatory board with government representation shows a desire to manage and control the critical digital public infrastructure, including the Unified Payments Interface (UPI) that accounts for nearly 80% of all cashless transactions, according to industry experts.

2 min  |

May 28, 2025

Mint Kolkata

India-UK FTA rollout not before H2FY26

The two sides concluded negotiations for an FTA on 6 May, but a final deal is yet to be signed

2 min  |

May 28, 2025

Mint Kolkata

Jio BlackRock Gets Nod for India MF Biz

Billionaire Mukesh Ambani-led Reliance Group and US-based BlackRock have received approval from India's markets regulator to start operations for their mutual fund business, the Indian company said on Tuesday.

1 min  |

May 28, 2025

Mint Kolkata

Govt Approves Stealth Fighter Programme

Defence minister Rajnath Singh has approved a framework for building the country's most advanced stealth fighter jet, the defence ministry said on Tuesday, amid a new arms race with Pakistan weeks after a military conflict between the neighbours.

1 min  |

May 28, 2025

Mint Kolkata

LIC Q4 profit rises on lower staff costs

Life Insurance Corporation of India, the country's biggest insurer, reported a 38% rise in fourth-quarter profit on Tuesday, helped by lower employee-related expenses.

1 min  |

May 28, 2025

Mint Kolkata

US Embassy in India cautions students on skipping classes

The warning comes when the Trump admin is embroiled in a battle with Harvard

1 min  |

May 28, 2025

Mint Kolkata

Fintech Firms Enabling Secure, Inclusive Services for MSMEs: FM

Finance Minister Nirmala Sitharaman on Tuesday said innovations by fintech companies have enabled seamless, secure and inclusive financial services for merchants and MSMEs.

1 min  |

May 28, 2025

Mint Kolkata

HDFC unit nears nod for $1.5 bn IPO

DB Financial Services Ltd. is close to securing the go-ahead from India's securities regulator for its initial public offering, according to people familiar with the plan, which would allow the shadow lender to launch one of the country's biggest listings this year.

1 min  |

May 28, 2025

Mint Kolkata

Yes Bank-SMBC Deal May Push FDI in Banks

A successful deal with SMBC would allow partial exit for SBI, other banks

2 min  |

May 28, 2025

Mint Kolkata

Next-gen telecom tech to get R&D boost under new policy

Govt is targeting spends of ₹1,000 crore per year to support research in new technologies

2 min  |

May 28, 2025

Mint Kolkata

Mankind Pharma to expand gastro, derma presence: MD

Mankind Pharma is focused on expanding its presence in the gastrointestinal and dermatology segments this year, as it looks at expanding its presence in the chronic segments, managing director Rajeev Juneja told Mint.

2 min  |

May 28, 2025

Mint Kolkata

Dunzo gets relief in insolvency case

The Bengaluru bench of the National Company Law Tribunal has dismissed an insolvency petition against e-commerce delivery startup Dunzo Digital Pvt. Ltd.

1 min  |

May 28, 2025

Mint Kolkata

UBS flags India's high-risk premium despite upgrade

A stronger case to invest in India will likely emerge when corporate earnings pick up, manufacturing gains traction

2 min  |

May 28, 2025

Mint Kolkata

Japan Loses Top Creditor Status

Japan lost its position as the world's largest creditor nation for the first time in 34 years, despite posting a record amount of overseas assets.

1 min  |

May 28, 2025

Mint Kolkata

The Trump shock: Policymakers can track it by this 4-D formula

How matters move in terms of diversification, defence, debt and the dollar could guide our policy

3 min  |

May 28, 2025

Mint Kolkata

Bhushan liquidation put on hold till August

The National Company Law Tribunal (NCLT) on Tuesday deferred liquidation proceedings for Bhushan Power and Steel Ltd (BPSL) till August, following a 26 May Supreme Court order directing status quo in the matter.

1 min  |

May 28, 2025

Mint Kolkata

Gangwal sells stake in IndiGo for $1.35 billion

IndiGo co-founder and promoter Rakesh Gangwal sold shares worth $1.35 billion in the airline through a block deal on Tuesday, according to a term sheet accessed by Mint.

1 min  |

May 28, 2025

Mint Kolkata

FDI inflows up 13% to $50 bn in 2024-25; decline 24.5% in Q4

Foreign direct investment (FDI) in India fell 24.5% year-on-year to $9.34 billion in the January-March quarter of 2024-25 but grew 13% at $50 billion during the entire previous financial year, according to government data released on Tuesday.

1 min  |

May 28, 2025