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10.03 / 09:45
markets COST FIVE Manufacturing Strategy FLEX Raymond’s ₹36,800 crore aerospace pivot: Why global engine giants are betting on this Indian ‘moat’
₹36,800 crore) over the next four years.Once a diversified conglomerate spanning branded textiles, apparel, garmenting, real estate and specialised engineering businesses, Raymond has since restructured its portfolio to unlock shareholder value.The company spun off its textile business, which is now listed separately as Raymond Lifestyle, while consolidating its engineering and aerospace platform under Raymond.Today, the company operates through two segments:• Precision Technology & Auto Components (JK Maini Precision Technology)• Aerospace & Defence (JK Maini Global Aerospace)JK Maini Precision is the largest contributor, generating ₹1,225 crore and accounting for 72% of revenue, while Aerospace & Defence contributes 16%.Against this backdrop, Raymond’s strategy now hinges on how effectively it can capture the emerging opportunity.JK Maini Precision (JKMPTL) is the core growth engine within Raymond’s engineering platform.The segment integrates the company’s Tools & Hardware division, Ring Plus Aqua, and automotive operations. JKMPTL functions as a Tier-1 supplier of mission-critical precision components to both domestic and global original equipment manufacturers (OEMs).The division manufactures over 2,000 auto components, operates across 18+ global customer locations, and serves more than 100 large global clients.JKMPTL holds strong and defensible positions across several legacy product categories.In steel files, it ranks No.1 globally in installed capacity, with a 25% global market share.
10.03 / 09:45
markets UPS Racing Updates Anthropic’s standoff with the Pentagon shakes up AI talent race
Write to Meghan Bobrowsky at [email protected] all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
10.03 / 09:45
markets Updates An AI revolution in drugmaking is under way
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
10.03 / 09:45
UPS Target Food Experts Updates Headlines Retail inflation likely inched up to 3.1% in February: Mint poll
India's retail inflation under the new series is expected to rise to 3.1% in February from 2.8% in January, driven by increases in prices of some food items from a year ago, according to a Mint poll of 18 economists.India’s statistics ministry had released a ‘back series' for the Consumer Price Index (CPI) using the new base year of 2024. Economists in the poll expect the second print of the CPI under the new rebased series to land in the range of 2.8-3.4%.
10.03 / 09:45
markets Manufacturing Updates The “ChatGPT moment” has arrived for manufacturing
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
10.03 / 09:45
markets COST Booking Trade Universities Updates AU SFB’s universal banking leap: Already priced in?
small finance banks, such as the requirement to lend 60% of loans to priority sectors, drops to 40% for universal banks, giving lenders greater flexibility in portfolio construction and improving return metrics. The transition would also allow AU to expand into larger-ticket lending, enabling greater cross-selling and higher fee income growth.The shift could also strengthen the bank’s credibility among depositors and help widen its funding base.
10.03 / 07:31
COST UPS Healthcare Cycling cover testing Updates The price of buying time: What egg freezing costs in India
For many urban women, egg freezing is increasingly becoming part of long-term life planning, much like buying insurance or investing for retirement. But unlike most financial goals, this one comes with a biological deadline, and it isn’t cheap.The procedure typically costs ₹1.35- ₹3 lakh per cycle, with annual storage fees of ₹10,000–30,000 and potential IVF expenses later.
10.03 / 07:31
markets Updates The final days of an Iranian Navy crew before the U.S. torpedoed their ship
Write to Tripti Lahiri at [email protected], Josh Chin at [email protected] and Shan Li at [email protected] all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
10.03 / 07:31
markets Citi Target Inside reports travelers Updates Inside Royal Orchid’s playbook for India’s next hotel boom
Mint.India’s hotel industry is entering a an expansion cycle which is fuelled by domestic travel and the increasing shift of independent hotels to branded operators. "Domestic travel will remain the main driver of demand as India has 100 million people travelling and international inflow will only be a bonus," Baljee said.The company has 120 operational hotels, and 48 are in the pipeline.
10.03 / 07:31
UPS security economy Food social reports Freebies galore: The 16th Finance Commission warns against them and so does ancient history
In 123 BCE, Gaius Gracchus passed the lex frumentaria, a law mandating that the Roman state sell grain to citizens at a fixed below-market price. The aim was modest: stabilize food prices, protect the poor. Within two generations, it had become free distribution.
10.03 / 06:15
Provident BLOCK Digital Platform Entertainment film Courts From 'Stranger Things' to UEFA: India's courts arm content owners with ‘dynamic’ protection against online piracy
India’s courts are keeping up with the times in their efforts to curb online piracy of films and television shows by issuing dynamic plus injunctions that are effective even for content that hasn’t been released yet.“We are witnessing a pivotal transition toward the dynamic plus injunction, where the Indian judiciary is providing ex-ante protection for content that hasn't even been expressed yet,” said Yash Vardhan Singh, counsel at Sarvaank Associates. “By moving away from static, URL-based orders, the courts are addressing the intractable reality of digital piracy, ensuring marquee properties like Stranger Things and Friends are protected from the moment of creation.”Experts said recent anti-piracy orders, particularly the dynamic plus injunction, expand the scope of dealing with emerging cyberspace issues.
10.03 / 05:27
markets UPS Gap wellness show performer Updates The gap between mutual fund returns and what investors actually earn
To see how this plays out in Indian equities, we analysed 18 flexi cap funds with over a decade of history. The findings show where investors should focus.Fund selection created enormous variance. The best performer delivered nearly 5% annual alpha over the benchmark.
10.03 / 05:27
COST Platform security cover Features Updates SOA or demat? How the way you hold mutual funds affects costs and flexibility
Zerodha and Upstox hold mutual fund units in demat form. Groww, one of India’s largest investing apps, made demat the default for all new mutual fund purchases from June 2025, unless users opt out.
10.03 / 03:55
COST UPS Action Mobile country Department Updates PM review asks DoT to check if data can be taxed; wants BSNL to trim staff
Mint.Other action points listed in the minutes include: trimming state-owned Bharat Sanchar Nigam Ltd (BSNL)'s workforce, securing national networks, a roadmap for component localisation, and resolving issues in the undersea cable industry. SIM cards should be issued only on the basis of Aadhaar cards after biometric verification, it noted.Most countries tax income of companies that have data at the core of their business or some try to reduce screen usage in other ways with restrictions on timings of gaming services or age of consumers."Any kind of taxes on data usage would be impossible to implement.
10.03 / 02:35
markets UPS wellness War shock Updates As oil soars and stocks slide, investors in India should focus on equity yields over capital gains
After nine days of denial, the hard reality of an oil shock seems to have hit home. In the second week of joint US-Israel attacks on Iran, crude oil prices have leapt into three digits, with Brent within sniffing distance of $120 per barrel at one point. The oil spike battered stocks across Asia as plumes of smoke began to look like clouds of stagflation on the not-so-distant horizon.
10.03 / 02:35
markets Updates How Iran is building a religious mythology around its new supreme leader
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
10.03 / 01:41
markets COST UPS reports recommendations Updates Three stocks with strong moats and pricing power to add to your watchlist
Looking for companies with strong moats and pricing power is crucial because these businesses can protect profits and grow consistently over long periods.A moat refers to a durable competitive advantage—such as strong brands, high switching costs, or dominant distribution—that keeps competitors from easily taking market share.Companies with moats can maintain high margins and steady returns on capital, even during economic downturns.Here are three stocks with strong moats and pricing power. This editorial is not a stock recommendation.Titan Company is one of India’s leading consumer brands, known primarily for watches, jewellery, and eyewear.
10.03 / 01:41
markets Provident Target Gap trends Trade recommendations Stocks to buy: Raja Venkatraman recommends three stocks for 10 March
weaker rupee and persistent geopolitical concerns.Here are three stocks to buy or sell as recommended by Raja Venkatraman of NeoTrader for Tuesday 10 Mar.Best stocks to buy today (All Buy trades are rates of Equity & Sell rates are based on F&O)DATAPATTNS: Buy above ₹3500, stop ₹3390 target ₹3850 (Multiday)AUROPHARMA: Buy above ₹1250, stop ₹1199 target ₹1350 (Multiday)VEDL: Buy above ₹711, stop ₹699 target ₹760 (Multiday)The benchmark Nifty settled at 17,642.35, down 158.20 points or 0.89 percent, after slipping to an intraday low of 17,580.10. The Sensex also ended in the red at 78,210.45, losing 708.45 points or 0.90 percent.Broader indices underperformed, with the Nifty Midcap falling 1.5 percent and the Smallcap index shedding 1.8 percent, reflecting risk aversion among investors.
10.03 / 01:41
markets War Updates US and Iran predicted a very different war than the one now being waged
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
10.03 / 01:41
markets Fighting Updates Iran’s leadership signals it is still in control and able to fight
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
10.03 / 01:41
markets Updates Why Iranian regime change would transform global energy markets
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

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