Newspaper
Mint Mumbai
DECODING THE BUYBACK PUZZLE: WHY EVEN A PREMIUM PRICE CAN HURT RETURNS
Till 30 September 2024, acompany buying back shares paid 10% tax while shareholders were exempt. From | October 2024, tax laws were amended, making any amount received bya shareholder forselling shares back to the company taxable as dividend income. The cost of bought-back shares is allowed asa capital loss.
3 min |
October 22, 2025
Mint Mumbai
Oil imports in Oct rise as GST cuts boost demand
India’ crude oil imports are likely to increase in October compared to the past few months, as refineries return to operating at higher capacity after scheduled maintenance and the recent goods and services tax (GST) cuts boost economic activity and consumer demand, said experts.
1 min |
October 22, 2025
Mint Mumbai
Despite abstemious Gen Zs, the booze industry is going strong
The Lucky Saintin central London looks like any other pub. Big wooden barrels double as tables. Bartenders pull pints, But thisisn’t a regular watering-hole.
3 min |
October 22, 2025
Mint Mumbai
GIFT City funds want tax removed
The regulator of GIFT City, short for Gujarat International Finance Tec City, has relayed a key demand from fund companies operating there to the Union finance ministry that tax collected at source, or TCS, be exempted on investments made by Indians in the international financial services centre (IFSC).
2 min |
October 22, 2025
Mint Mumbai
HOW ALTMAN TIED TECH'S BIGGEST PLAYERS TO OΡΕΝΑΙ
Dealmaking blitz has convinced Silicon Valley’s giants to tether fates to his firm, essentially making it too big to fail
9 min |
October 22, 2025
Mint Mumbai
Power, realty are bright spots amid capex gloom
While corporate India remains flush with capital, new investments are not keeping pace.
3 min |
October 22, 2025
Mint Mumbai
UltraTech fires up expansion, north peers left in the cold
Pan-India focused UltraTech Cement announced the fourth phase of its capacity expansion alongside its September quarter (Q2FY26) results last week.
1 min |
October 22, 2025
Mint Mumbai
Keppel buys Shell stake in Cleantech, takes full control
Singapore’s Keppel Ltd has bought energy major Shell Plc’s 49% stake in renewable energy developer Cleantech Solar in a deal having an equity value of around $200 million, taking full control of the company. It is planning a sale of Cleantech for around $400 million next, said two people aware of the development. Both requested anonymity.
2 min |
October 22, 2025
Mint Mumbai
SUVs dominate roads, but at the luxe end, sedans are holding on
The number of sedans on Indian roads is shrinking, thanks mainly to the rise of sports utility vehicles (SUVs).
2 min |
October 22, 2025
Mint Mumbai
SC eases tax claim norms for foreign firms
Foreign-owned companies can now be treated as carrying on business in India even without active contracts, a physical office, and employees, the Supreme Court recently ruled, providing clarity for foreign firms with project-based or intermittent operations.
2 min |
October 22, 2025
Mint Mumbai
Non-banks are making markets nervous again
As sudden banking strains in the US show, the growth of non-banks is a mixed blessing, especially if they use bank funds for lending. The motto should be 'better safe than sorry'
2 min |
October 22, 2025
Mint Mumbai
VC firm Antler India fast-tracking AI investments
Early-stage venture capital firm Antler India is looking to back six to eight of the 26 startups, which participated in its just concluded AI residency programme that was designed to help founders with early funding and go-to-market support.
1 min |
October 22, 2025
Mint Mumbai
Jio-BP’s Q2 petrol, diesel sales up 34%
Jio-BP, the fuel retailing joint venture of Reliance Industries and super major BP, clocked a 34% rise in petrol and diesel sales in the September quarter as the joint venture aggressively expands its retail network.
1 min |
October 22, 2025
Mint Mumbai
Wikipedia faces traffic woes thanks to Gen AI
In other AI news, OpenAI's Sora 2 creates a stir for all the wrong reasons
1 min |
October 22, 2025
Mint Mumbai
Rooftop solar: Can it really lower your electricity costs?
Rooftop solar can significantly reduce electricity bills, especially for high-power consumers
4 min |
October 22, 2025
Mint Mumbai
India’s sunshine law: Clouded by the data privacy bill
In March 2003, the Supreme Court passed a historic verdict that filled a legislative gap.
3 min |
October 22, 2025
Mint Mumbai
Gold, silver fall as traders take stock of record rallies
Gold and silver slid as traders took stock of record-breaking rallies, with technical indicators looking stretched while US-China tensions ease.
1 min |
October 22, 2025
Mint Mumbai
Venu Srinivasan reappointed for life at Tata Trusts
Tata Trusts has unanimously reappointed Venu Srinivasan as a trustee for life and all eyes are now on the upcoming decision regarding Mehli Mistry’s renewal, amid reported internal divisions within the organisation.
2 min |
October 22, 2025
Mint Mumbai
Reliance seeks to buy Middle East oil
Reliance Industries Ltd bought Middle Eastern crudes last week and may place more orders, ina sign that Western pressure against Russian flows may be starting to impact its procurement patterns.
1 min |
October 22, 2025
Mint Mumbai
As Bollywood movies fizzle, microdramas lift Deepavali
On Deepavali in 2007, Shah Rukh Khan's Om Shanti Om and Saawariya, featuring debutants Ranbir Kapoor and Sonam Kapoor, were vying for millions of Indian to watch their movie in cinema halls.
2 min |
October 22, 2025
Mint Mumbai
Sebi casts net wider to tackle spike in insider trading cases
Escalation in illegal financial gains coincides with a sharp rise in regulatory scrutiny
2 min |
October 22, 2025
Mint Mumbai
Stripe pauses India relaunch amid stricter licensing norms
Irish-American financial services firm Stripe Inc. has indefinitely postponed its planned mid-2025 relaunch in India due to stricter licensing and compliance requirements, according to three people aware of the development.
1 min |
October 22, 2025
Mint Mumbai
Sensex, Nifty end with modest gains
Benchmark stock indices Sensex and Nifty ended marginally higher in the special one-hour Muhurat trading session on Tuesday, marking the beginning of the new Samvat Year 2082 on a positive note amid firm global cues.
1 min |
October 22, 2025
Mint Mumbai
Adani-funded work top FDI in Sri Lanka
The Colombo West International Terminal (CWIT) was the largest contributor to Sri Lanka's foreign direct investment (FDI) inflows during the first nine months of 2025, the Board of Investment (BoI) said on Tuesday.
1 min |
October 22, 2025
Mint Mumbai
Why affordable TVs are India's real screen stars
Beyond the hype around giant OLEDs and premium panels, India's TV market is powered by budget-friendly models that provide value
4 min |
October 22, 2025
Mint Mumbai
The Jio tariff hike everyone expected isn't coming—yet
The company has instead chosen to grow revenue by driving users to consume more data
2 min |
October 22, 2025
Mint Mumbai
Deloitte's AI debacle in Australia isa warning for all early adopters
That a report riddled with AI hallucinations was sent to a government should be a wake-up call
3 min |
October 22, 2025
Mint Mumbai
NITI Aayog proposes new panel to supercharge net-zero push
India’s top government think-tank has called for setting up a panel to guide policy and coordinate multi-ministry efforts on climate action and energy transition, two people aware of the development said.
1 min |
October 22, 2025
Mint Mumbai
Olyv taps Unitus Cap for $20 mn funding
Lightrock-backed personal lending platform Olyv, formerly SmartCoin, has appointed Unitus Capital to raise fresh funds, three people in the know said.
1 min |
October 22, 2025
Mint Mumbai
Banks foresee smooth transition to expected credit loss model
Large banks like State Bank of India (SBI), HDFC Bank, and Axis Bank, as well as smaller public sector lenders, believe they can easily transition to a new credit loss model proposed by India's central bank, under which the lenders have to recognize stress much earlier than the current norms.
2 min |