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Mint Mumbai

IT sheds weight in indices as AI rises

Combined weight of IT cos in BSE Sensex down to 18-year low

3 min  |

December 04, 2025
Mint Mumbai

Mint Mumbai

JFE's mega deal for Bhushan Steel to help JSW slash debt

In a deal that is expected to ease its stretched balance sheet while sustaining an expansion drive, billionaire Sajjan Jindal-led JSW Steel will transfer the steel assets of Bhushan Power & Steel Ltd (BPSL) into a new 50:50 joint venture with Japan’s JFE Steel Corp.

2 min  |

December 04, 2025

Mint Mumbai

Small-town wealthy dive into high-risk PMS schemes

Sophisticated, high-risk investments are no longer confined to the rich in metropolitan cities.

3 min  |

December 04, 2025

Mint Mumbai

Rupee past 90

For the rupee, finding a floor seems to be getting difficult. On Wednesday, it slid past the psychologically-important 90 mark against the dollar to touch an all-time low of 90.29, before recovering slightly to end at 90.19.

1 min  |

December 04, 2025
Mint Mumbai

Mint Mumbai

INDIA'S SOLAR BOOM SHOWS 'CHINA' CRACKS

A massive solar module oversupply in India could force a painful industry consolidation. Who will survive?

9 min  |

December 04, 2025

Mint Mumbai

BIG SHIFTS, SMALL BUYS DEFINE INDIA'S UPI ERA

An average Indian uses UPI to make payments worth around ₹580 per day, and this is rising rapidly. The growth is driven by the rising popularity of small-value payments for groceries and eating out, a Mint analysis reveals.

3 min  |

December 04, 2025
Mint Mumbai

Mint Mumbai

Russian co eyes terminals, shipbuilding push in India

State-affiliated Delo Group is eyeing India’s inland waterways and strategic ports for projects

2 min  |

December 04, 2025

Mint Mumbai

Sanchar Saathi: The flip-flop over a tracking app

India's communications ministry on Wednesday rolled back its move to make Sanchar Saathi, a lost phone tracking app, mandatory for all mobile devices.

2 min  |

December 04, 2025
Mint Mumbai

Mint Mumbai

Fed chair interviews cancelled as US President homes in on pick

The Trump administration canceled a slate of interviews set to start this week with a group of finalists to be the next chair of the Federal Reserve as President Trump again suggested he had made up his mind about who should lead the central bank.

3 min  |

December 04, 2025

Mint Mumbai

Putin's visit is an opportunity to recalibrate relations with Russia

New Delhi and Moscow need to look beyond the past in a rapidly evolving geopolitical context

3 min  |

December 04, 2025

Mint Mumbai

Seeking affordable financial advice? Try fixed-fee RIAs

Sebi-registered RIAs earn from client fees, not commissions, ensuring conflict-free guidance

5 min  |

December 04, 2025
Mint Mumbai

Mint Mumbai

IT sector sheds weight in stock market indices as AI rises

Since the start of the year, shares of the five largest firms have seen sharp drops: TCS fell by 23.47%, Infosys 17%, HCLTech 14.74%, Wipro 17.14%, and Tech Mahindra 9.97%.

2 min  |

December 04, 2025

Mint Mumbai

Address Maker, AIGPL ink ₹200 crore private credit deal

Property developer Address Maker has struck a ₹200 crore private credit deal with AI Growth Pvt. Ltd (AIGPL) to help with its projects, purchase of land and plans to enter new markets, top executives of both companies said.

1 min  |

December 04, 2025

Mint Mumbai

Ex-Flipkart executive Venugopal is Reliance Retail CEO

Former Flipkart executive Jeyandran Venugopal has been named president and chief executive officer (CEO) of Reliance Retail Ventures Ltd (RRVL), marking another significant senior-level appointment at India's largest retailer, which is preparing for a public listing.

1 min  |

December 04, 2025

Mint Mumbai

'Indian firms could raise $15 bn overseas'

JPMorgan expects Indian companies to raise as much as$14.5 billion next year by issuing overseas bonds, a senior executive at the investment bank said. The majority of this could be used for refinaneing existing debt, and some for financing acquisitions.

3 min  |

December 04, 2025
Mint Mumbai

Mint Mumbai

Cement cos aim for premium products to lift their margins

Cement makers such as Nuvoco Vistas, Birla Corp. and JK Lakshmi Cement are leaning on premium products to boost margins without raising prices—an approach analysts say may work for now but will likely fade as competition intensifies in the premium segment.

2 min  |

December 04, 2025

Mint Mumbai

Zerodha looks beyond retail, bets on Tijori to draw institutional investors

Discount broking firm Zerodha's $5 million bet on research platform Tijori will help it move beyond retail trading and strengthen its products for cash-market and mutual fund investors, a top company official said.

2 min  |

December 04, 2025
Mint Mumbai

Mint Mumbai

HSBC unexpectedly taps Nelson as chair

HSBC Holdings Plc unexpectedly appointed Brendan Nelson as its next chair, choosing an insider to replace hard-charging financier Mark Tucker who has led Europe’s largest lender for much of the last decade.

1 min  |

December 04, 2025

Mint Mumbai

Electricity: Empowered markets need good regulation

The power sector has emerged as a key lynchpin of the economic engine that the government is revving up to help drive India’s growth in times of geopolitical tumult.

3 min  |

December 04, 2025
Mint Mumbai

Mint Mumbai

Capital deepening has weakened and our productivity has stalled

Mobilizing labour and capital isn't enough. India must make more efficient use of both for sustainably higher GDP growth

4 min  |

December 04, 2025

Mint Mumbai

Crypto deals hit a record $8.6 bn as market strains rise

A record-breaking year for crypto mergers and acquisitions is facing a harsh reckoning since a recent rout in digital assets began to unravel industry gains spurred by a friendlier administration in the White House.

1 min  |

December 04, 2025
Mint Mumbai

Mint Mumbai

India’s solar module boom shows ‘China’ cracks

“There is overcapacity and overvaluation,” said Harsh Singhal, partner at ProsperETE, a climate-focused private equity firm. “Investors need to be careful about how competitive we are visa-vis China and how the government will respond to the market going forward.”

1 min  |

December 04, 2025

Mint Mumbai

Is there an AI bubble? Here is a look at what’s brewing

The question I am asked most often these days is whether there is an artificial intelligence (AI) bubble forming in global markets. Rather than offering my opinion, let me tell you some facts.

4 min  |

December 04, 2025

Mint Mumbai

The retail pivot of banks has seen lots of friction

Grievance data from RBI's Ombudsman Scheme report reveals rising discontent—much of it traceable to a major retail thrust by private sector banks. Remedial measures are a must

2 min  |

December 04, 2025

Mint Mumbai

GDP data quality debate ill-informed: Sitharaman

The debate over the quality of India’s national income accounts is “ill informed”, as the ‘C’ rating assigned by the International Monetary Fund (IMF) reflects the use of the 2011-12 base year for GDP estimation rather than any broader data shortcomings, finance minister Nirmala Sitharaman said on Wednesday.

1 min  |

December 04, 2025
Mint Mumbai

Mint Mumbai

IndiGo flights hit by pilot rest rules, weather, leaves

DGCA probing disruption, working with IndiGo to minimize inconvenience

2 min  |

December 04, 2025

Mint Mumbai

Will Muthoot valuation cap rally?

A steep 70% rally in domestic gold prices over the past year has acted like a Midastouch for gold financiers.

2 min  |

December 04, 2025

Mint Mumbai

Natco Pharma's cyclical model leaves revenue outlook cloudy

Shares of Natco Pharma Ltd have dropped 38% from the 52-week high of ₹1,505 (December 2024), as the Street grows cautious about its high-risk, high-reward business model.

1 min  |

December 04, 2025
Mint Mumbai

Mint Mumbai

DIVERSIFICATION MYTHS: THE MULTIVITAMIN LESSON FOR MULTI-ASSET INVESTORS

A friend of mine recently shared something that made me smile— and think.

3 min  |

December 04, 2025
Mint Mumbai

Mint Mumbai

A newly confident China is jockeying for more global clout as Trump pulls back

Feeling empowered after a clash over trade, Beijing looks to exploit America’s inward turn

6 min  |

December 04, 2025