Mint Mumbai - March 28, 2025

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March 28, 2025

Startups help small-town India break big-city English barrier

When Arpit Mittal pivoted his third startup to focus on getting Indian kids unfamiliar with English to learn and speak the language, he was in for a few surprises.

4 mins

Talent war fuels second exodus at top law firms

India's legal landscape is being rocked by a second wave of senior lawyer exits from established law firms in under a year, fuelled by an intensifying battle for market share.

3 mins

Nifty's newbies hold no golden ticket to riches

Seeking quick gains from newcomers like Zomato and Jio Financial Services that entered the bluechip Nifty 50 index? While the initial buzz is tempting, and index inclusion adds prestige, remember: it's rarely a guaranteed golden ticket to riches.

3 mins

Investors Pile Into Silver ETFs As It Emerges From Gold's Shadow

For years, gold has been the go-to hedge in times of economic uncertainty. But now, another precious metal is stealing some of its lustre. Silver is emerging as a sought-after asset, with investors pouring money into exchange-traded funds (ETFs) tracking the metal for diversification in a volatile market.

2 mins

Traders Fear Hit on Volumes as Position Rule Set to Kick In

A regulatory measure that could hamper exchange trading volumes and increase costs of executing transactions looms over the market, even as its trading members and institutional investors hope that the regulator would consider deferring the rule at the last minute.

2 mins

US Tariffs, EV Crawl Upset Indian Auto's Global Drive

Electric transformation has not worked as expected, and tariffs have made it worse

3 mins

Govt plans to raise ₹8 tn from market in Apr-Sep

The Centre plans to raise ₹8 trillion through dated securities in the first half of FY26 (April-September 2025 period), accounting for 54% of the full-year target, including ₹10,000 crore via sovereign green bonds (SGBs), the finance ministry said on Thursday.

1 min

Russia Plans Putin's India Visit

Russian President Vladimir Putin has accepted Prime Minister Narendra Modi's invitation to visit India, and preparations are underway for it, Russian foreign minister Sergey Lavrov said on Thursday.

1 min

Govt upgrading its vaccine storage infrastructure to aid other countries

In a show of soft power, India is upgrading and expanding its vaccine storage infrastructure into an international centre to handhold other developing countries in harnessing the global immunization supply chain.

1 min

Duty cuts a continuous process, not linked to global scenario: FM

Finance minister Nirmala Sitharaman on Thursday said the reduction in basic customs duty announced by the government in the recent past has been a continuous process aimed at improving self-reliance and for the country's development, and not in response to the reciprocal tariffs that the US government said will impose.

1 min

BIS searches at e-commerce warehouses linked to US cos

Agency intensifies crackdown on substandard goods with search-and-seize operations in Delhi

2 mins

Krafton Takes Control of Nautilus in ₹118 Crore Deal

This marks Krafton's first control deal here while it has already invested in Indian firms like Nodwin Gaming

1 min

Dilip Piramal Revives Talks to Sell VIP Stake

Firm hires new banker, six months after deal with Advent fell through

2 mins

Meta eyes allies for mega cable project

In a bid to meet growing data demand and provide faster speeds for apps like Instagram, WhatsApp, and YouTube, tech giant Meta has moved a step ahead on its Project Waterworth.

1 min

Indkal Tech to raise $100 mn by June: CEO

The funding will be the largest capital raised by electronics manufacturing services firms in India this year

1 min

India not likely to feel bite of Trump's Venezuela oil tariff

Since taking over as US President for a second time, Donald Trump has kept the world on its toes with an avalanche of tariff threats.

1 min

India to Up Funds Cap for Foreign Individuals

The Reserve Bank of India (RBI) is set to double to 10% a cap on investment by individual foreign investors in listed companies, as it aims to boost capital inflows, according to two senior government officials and documents reviewed by Reuters.

1 min

Likely closure of UK plant a positive for Ashok Leyland

Ashok Leyland Ltd's step-down e-bus subsidiary Switch Mobility Ltd (Switch UK), is cutting its losses.

1 min

Marico Faces a Test as Costs Rise

Marico Ltd has held up better than its FMCG peers amid muted urban demand. While Nifty FMCG index has dropped 19% over the past six months, Marico's stock declined by just 6%, showing its relative resilience.

2 mins

No margin hit from US IRA pause, says Waree

U.S. President Donald Trump's order to pause the disbursement of funds under the Inflation Reduction Act (IRA), a marquee clean energy promotion program signed into law in 2022, will not impact the margins of India's leading solar module maker, Waaree Energies Ltd, a top executive said.

1 min

Big Tech Sees Limited Gains as India Scraps Google Tax

The move marks a win for Big Tech in India and opens up domestic market to foreign firms

3 mins

Indegene sees room to grow in US, Europe

Bangalore-based life sciences commercialisation nificant headroom for growth in the US, its largest market, despite uncertainties around the new Trump regime's stance on regulatory and pricing issues.

1 min

Digital Media Tops M&E Sector, Overtakes TV

TV revenues fell for second year in a row despite unchanged viewership

2 mins

New plan for derivative contracts

The market regulator has proposed limiting the expiry of derivative contracts to either Tuesdays or Thursdays, a move that could upset the National Stock Exchange's (NSE) plan to shift the last day for its weekly index option to Monday.

1 min

Sebi chair leads the line-up at Mint India Investment Summit

India's bustling financial hub Mumbai is set to become the epicentre of insightful discussions and strategic foresight as the eighth edition of the Mint India Investment Summit starts today.

1 min

The Ford executive who kept score of colleagues' verbal flubs

Mike O'Brien emailed a few hundred colleagues last month to announce his retirement after 32 years at Ford Motor.

3 mins

Wall Street Bonuses Powered New York's Economy in 2024. Some Worry They Peaked.

Wall Street bonuses surged 31% last year on rising markets and a rebound in dealmaking activity, delivering a boon for the industry's hometown economy.

2 mins

Trump Says He Could Cut China Tariffs to Secure TikTok Deal

Under a law signed last year by Biden, ByteDance was required to sell TikTok's US operations by 19 January

2 mins

Trump Plans To Impose 25% Tariff On Imported Vehicles

The US President Leaves Little Room For Exempting Canada Or Mexico

3 mins

Pizza tops as Jubilant steps up plans for 3k Domino's stores

The group has franchise rights for three global brands—Domino’s, Popeyes, Dunkin

1 min

The cult of Lollapalooza and the fault lines in India's events infra

The third edition of Lollapalooza India witnessed over 60,000 attendees and a star-studded lineup

2 mins

WazirX hack: Court dismisses lawsuit

A consumer court has dismissed a class action filed by a group of 40 individuals affected by domestic crypto exchange WazirX losing $233 million in an alleged hack in July last year.

1 min

Adani Restores Bangladesh Power

Bangladesh said Indian billionaire Gautam Adani's power generation unit resumed full electricity supply to the nation, four months after halving the feed over unpaid dues.

1 min

Saudi Aramco eyes Indian refineries

Saudi Aramco is in talks to invest in two planned refineries in India as the world's top oil exporter looks for a stable outlet for its crude in the world's fastest-growing emerging market, several Indian sources with direct knowledge of the matter said.

1 min

JioHotstar crosses 100 mn paid subs

JioHotstar, the video streaming platform created with the merger of Disney+ Hotstar and JioCinema, has crossed 100 million paid subscribers, the company said on Thursday.

1 min

Studds Accessories files IPO papers

Helmets manufacturer Studds Accessories has filed preliminary papers with capital markets regulator Securities and Exchange Board of India (Sebi) to float an initial public offering (IPO).

1 min

Qcomm's market share grows 5x from 2022

India's quick commerce sector accounted for over two-thirds of all e-grocery orders last year, with its total market share growing about five times to $6-7 billion from 2022, a report by Bain and Flipkart showed.

1 min

Why Katrina Kaif Has Brand Appeal

Her label, Kay Beauty, is soaring. But most celebrity brands sink without a trace

8 mins

Maternity insurance: how to claim from multiple policies

Can I buy additional insurance only for maternity expenses?

2 mins

BlackRock Sees Outcome ETFs Rising to $650 Billion

The world's largest asset manager is betting big on a growing breed of derivatives-backed exchange-traded funds (ETFs) that's shaking up the art of active portfolio management.

1 min

FROM PRESCHOOL TO IVY LEAGUE-WHY EDUCATION PLANNING IS NON-NEGOTIABLE

Education today is more than survival. Parents make careful choices about where and how their children study, from preschool to college, shaping their future academically and in life skills.

2 mins

I-T dept flags HRA claims for TDS lapses: your action plan

Taxman warns tenants to ensure compliance, file corrections by 31 March to avoid penalties

3 mins

The R-word is back but only as an extreme risk

For now, fears of a recession are greatly exaggerated. The global economy, America's and India's included, is likely to see a dip in growth, not a contraction. Yet, uncertainty rules high

2 mins

States can use AI for inclusive growth and governance

States are a disproportionately critical unit of governance in India's federal structure. Unfortunately, they face severe challenges due to inadequate financial resources and limited capacity to advance equitable last-mile development.

3 mins

Grok is a chatbot that does what Musk often likes to do: Entertain

This chatbot's outrageous answers have technical reasons but it's also designed to be like its owner

3 mins

It will take a clear fiscal strategy to pave our path to Viksit Bharat

India's economy will have to expand at a pace that would need sustainably large budget allocations for capital expenditure

3 mins

Relationships: When attraction met social evolution

Some of the most loved rom-coms imply that opposites not only attract, but create magical love stories.

3 mins

Imitation game: Can Big Auto emulate Xiaomi's EV strategy?

Big Auto may be left in the dust as Chinese carmakers zoom ahead

3 mins

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