Mint New Delhi - June 10, 2025
Mint New Delhi - June 10, 2025
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June 10, 2025
Alta Capital, four others eye Xander's warehouses
Private equity firm Alta Capital's logistics platform LogiCap is among a handful of investors in the race to acquire Singapore-based Xander Group's warehousing portfolio in Chennai, Mumbai, and Kolkata, three people familiar with the matter told Mint.
1 min
Goyal starts Switzerland, Sweden trip, eye on trade
Commerce and industry minister Piyush Goyal on Monday began a five-day official visit to Switzerland and Sweden, aimed at strengthening India's economic and trade ties with key European partners.
1 min
Sops sought for critical battery parts
Centre launched a ₹3,760 cr scheme to boost large-scale battery manufacturing for grid power storage in 2023
2 mins
Citizen-centric tax regime planned
The central government has estimated an indirect tax collection of ₹17.3 trillion in FY26
1 min
Infosys case signals new approach to granting tax benefits for IT firms
The move by the Directorate General of GST Intelligence (DGGI) to close ₹32,403-crore of pre-tax proceedings against Infosys Ltd signals the government's acceptance of the fact that business processes of software companies need not necessarily be organized in a way that is convenient for the tax administration, two people familiar with the development said.
2 mins
Centre Weighs Review of MSP Formula to Push Pulse Output
Aatmanirbharta Mission aims to make India self-sufficient in pulse production in a decade.
2 mins
Realty firms on a high after land-buying spree in FY25
Listed home developers are focusing on increasing their capital expenditure (capex) towards acquiring new land parcels.
1 min
Blue Star faces the heat in Q1
Cool quotient Blue Star has seen good market share growth over the past eight years despite strong competition.
2 mins
US in stagflationary shock, India remains outlier: BofA
As the US economy goes through a stagflationary shock owing to higher tariffs, India and other countries will remain outliers, according to Claudio Irigoyen, managing director and head of global economics research at Bank of America Global Research.
2 mins
Sebi probing Jane Street's derivative trades over three years
Sebi is investigating Jane Street, Jane Street Singapore Pte and JSI Investments, the firm's India unit
2 mins
Microfinance woes persist: RBI's Rao
Indebtedness, falling rural income and election-related disruptions led to microfinance stress
1 min
AI lag, trade clouds over Apple's WWDC
Apple is likely to revamp iOS with a new look and naming format, possibly jumping from iOS 19 to iOS 26
1 min
Mamaearth shift paying off
Parent Honasa Consumer got its hands dirty over a painful distribution overhaul—but it's finally showing results
3 mins
Kia's India senior VP Brar quits, may head BMW India
Hardeep Singh Brar, senior vice-president and head of marketing and sales at Kia India Pvt. Ltd, has resigned and is likely to join as the next India president of German luxury carmaker BMW, according to two people directly aware of the matter.
1 min
RBI norms on silver, gold loans explained
On June 6, the Reserve Bank of India (RBI) released its final guidelines on loans against gold and silver collateral based on feedback from the industry and the government's department of financial services.
1 min
Regional content gains ground on OTT even as Hindi leads
Video streaming platforms are seeing slow but steady growth in viewership for regional language content, driven primarily by theatrical films.
1 min
Cognizant, Infy Tap Trend in IT Deals to Beat Tough Times
Tech leaders move towards so-called vendor consolidation deals, which may benefit them
3 mins
Alta Capital, four others eye Xander's warehouses
Private equity firm Alta Capital's logistics platform LogiCap is among a handful of investors in the race to acquire Singapore-based Xander Group's warehousing portfolio in Chennai, Mumbai, and Kolkata, three people familiar with the matter told Mint.
1 min
More Retail raises ₹400 cr before 2026 IPO, eyes towns
More Retail was set up by the Aditya Birla group in 2006 and acquired in 2019 by Samara Capital and Amazon
2 mins
How 98% of Graduates Fail to Get Into India's Top Law Firms
Struggle to find suitable, job-ready grads comes at a time when legal sector is growing rapidly
2 mins
Advent to buy $175 mn stake in Felix Pharma
Founded in 2015, Felix Pharma is among the fastest-growing companies in the animal health space
1 min
Shein, Reliance tie up to sell Indian wear
Fashion retailer Shein and partner Reliance Retail plan to rapidly expand their Indian supplier base and start overseas sales of India-made Shein-branded clothes within six to 12 months, said two people with knowledge of the matter.
1 min
Titan Looks at Growth as Youth Buy Low-Carat Jewellery
Titan Company's CaratLane aims to surpass last financial year's revenue growth, as younger Indians warm up to lower-carat jewellery and the brand plans to open more stores, its top boss told Reuters.
1 min
Nykaa bets on its bouquet of cosmetics, apparel brands to drive profits
Beauty and personal care retailer Nykaa expects its house of brands business to grow significantly and drive profitability over the next three years, co-founder Adwaita Nayar said.
2 mins
Advertising is no longer a one-agency-does-it-all biz'
MullenLowe Lintas Group India now focuses on orchestrating outcomes through strategic collaboration
2 mins
Godrej scion Tanya Dubash's co buys ₹226 cr duplex in Worli
Shaula Real Estates Pvt Ltd, which lists Tanya Arvind Dubash, executive director and chief brand officer of Godrej Industries Ltd, as one of its directors, has purchased a duplex apartment for ₹225.76 crore in Mumbai's super luxury tower, Naman Xana.
1 min
India's Next 10-Minute Push? On-Demand House Help
Startups racing to dispatch cooks, cleaners, household workers within minutes of booking
2 mins
ABB Sees Clean Energy Timelines Shift
In 2024, ABB's motion business posted a revenue of ₹4,287 crore in India, up from ₹3,785 crore in the year before
2 mins
Gaza-bound activist boat with Greta Thunberg intercepted, boarded by Israel
A previous attempted voyage to Gaza by a flotilla of aid ships in 2010 ended in an international fracas
2 mins
Will America's Unbalanced Trade Doom the Dollar?
Concerns that the U.S. trade deficit will drag down the dollar are overdone
3 mins
Businesses Are Bingeing on Crypto, Dialing Up the Market's Risks
Buying bitcoin is becoming a fad for a growing list of companies that have nothing to do with crypto but believe digital assets can boost their stocks.
3 mins
U.S., Chinese Officials Meet in London for Pivotal Trade Talks
The talks come at a crucial time for both economies, which are showing signs of strain from Trump's tariff orders
2 mins
Tata Motors to Pour $4 Bn Over 5 Years
Tata Motors plans to invest up to ₹35,000 crore ($4.1 billion) over the next five years, aiming to cement its position as the nation's top electric vehicle (EV) maker amid rising competition and a push to adopt clean cars.
1 min
Jio BlackRock MF names top leaders
Jio BlackRock Asset Management Pvt. Ltd, a 50:50 joint venture between Jio Financial Services Ltd and US-based BlackRock, on Monday announced the appointment of its executive leadership team to drive operations.
1 min
Shubhanshu Shukla's launch delayed
Due to weather conditions, the launch of Axiom-4 mission carrying Indian astronaut Shubhanshu Shukla and three others to the International Space Station has been postponed to 11 June, the Indian Space Research Organisation (Isro) said on Monday evening.
1 min
Jana seeks universal banking licence
Jana Small Finance Bank (Jana SFB) on Monday said it has formally submitted an application to the Reserve Bank of India (RBI) seeking approval to transition into a universal bank.
1 min
SBI Pays ₹8,076.8 Cr Dividend to Govt
The country's biggest lender, State Bank of India (SBI), on Monday paid a dividend of ₹8,076.84 crore to the government for the financial year 2024-25.
1 min
Mihir Rale joins Cyril Amarchand
Top-tier law firm Cyril Amarchand Mangaldas (CAM) has appointed Mihir Rale as partner and co-head of its newly consolidated Digital+ practice.
1 min
Expect heavy to very heavy rains in south peninsular India: IMD
A fresh spell of heavy rainfall is expected in southern India as the southwest monsoon is likely to be active during 12-15 June, said India Meteorological Department (IMD) on Monday.
1 min
Little Caesars Eyes India Expansion
U.S. pizza chain Little Caesars is planning to open dozens of stores in India over the coming years, aiming to capitalize on the nation's robust economic growth, an executive told Reuters.
1 min
163 Cases of XFG Detected in India
About 163 cases of the newly emerging COVID-19 variant XFG have been detected in India so far, according to Indian SARS-CoV-2 Genomics Consortium (INSACOG) data.
1 min
Krutrim to Launch 'Kruti' This Week
La group's artificial intelligence (AI) company Krutrim is likely to launch its own agentic AI assistant 'Kruti' later this week.
1 min
Warner Bros. Plans to Split Streaming, Cable TV Businesses
Move unwinds much of the 2022 merger that combined WarnerMedia and Discovery
1 min
Have FMCG Stocks Turned the Corner?
Above-normal monsoon, falling inflation and tax cuts bode well for consumer companies in FY26
8 mins
How this family packed food, fun and Fuji into a ₹5.5 lakh Japan trip
A 12-day family trip to Tokyo, Kyoto, Osaka and some of Japan's lesser-known cultural spots—all on a budget
4 mins
The 4% Rule: Risks of an All-Equity Retirement Folio
Retirees are often drawn to a tempting idea: since equities tend to deliver higher long-term returns, holding more of them in a retirement portfolio should improve outcomes.
2 mins
Evaluate life-cycle costs for the Navy's big acquisitions
Let's revise our cost calculus to indigenize equipment for warships and accelerate naval upgradation
3 mins
AI at the front line: Technology is reshaping defence strategies
India has shown impressive AI capabilities in battle but must now adopt a new strategic paradigm
3 mins
Musk versus Trump: A case of mutually assured destruction
Their falling out has been chaotic and both will end up worse off
3 mins
The Poverty Line Has Moved, But Have Basic Vulnerabilities Eased?
India's battle against deprivation won't end so long as access disparities, relative poverty and regional inequalities persist
4 mins
How AI May Beat Quantum Computing at Its Own Game
AI Has Shown It Can Imperfectly But Acceptably Do Much That Was Envisioned for Quantum Computers
3 mins
Indian women are high on stress, low on AMH
Women who are struggling to conceive, have irregular periods, or planning to delay pregnancy should get an AMH test
4 mins
Watch Reels and Shorts for fun, not health advice
Misinformation runs rampant on social media because viewers don't have time to verify it
2 mins
The 10-minute service will mess with people's health
From quick commerce's impact on our diets to collective action for clean air, there's a lot on Luke Coutinho's mind
3 mins
Mint New Delhi Newspaper Description:
Utgiver: HT Digital Streams Ltd.
Kategori: Newspaper
Språk: English
Frekvens: Daily
Mint New Delhi is your trusted source for business and finance related latest updates. Mint New Delhi brings you the latest business news, market insights, and economic trends straight from India’s capital. Stay updated with expert analysis on stock markets, corporate developments, RBI policies, fintech innovations, and government decisions shaping the economy. With in-depth reports and exclusive interviews, this newspaper is a must-read for professionals, investors, and business enthusiasts.
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