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09.03 / 00:45
UPS Target Platform Enterprise wellness reports Profiles Sembcorp, Hexa Climate Solutions vie for the India renewables business of Italy's Enel in $300-million deal
IPO-bound Singapore’s Sembcorp Industries Ltd’s Indian renewable energy business and Hexa Climate Solutions are vying to acquire the entire India renewable business of Italy’s Enel Group in a deal having an equity and enterprise value of around $100 million and $300 million, respectively, according to two people aware of the development. Sembcorp is present in India throughSembcorp India Private Limited and Sembcorp Green Infra Ltd (SGIL) along with other subsidiaries., while Hexa is backed by I Squared Capital.The HSBC-run sale process follows a deal signed last year—which later fell through—under which Waaree Energies Ltd had agreed to buy 100% of Enel Green Power India Pvt Ltd (EGP India) from its parent Enel Green Power Development S.R.L.
08.03 / 18:45
Provident Target Platform Universities Cycling stage Updates Arnya, Supreme Universal raises ₹1030 crore for Mumbai-focused fund
Arnya Real Estates Fund Advisors and developer Supreme Universal have raised ₹1,030 crore for Arnya Real Estate Fund—Equity, from domestic and offshore investors, including family offices and ultra-rich individuals, marking the first close for the equity platform.The capital raised also includes around ₹220 crore of equity committed by the two sponsors. Arnya Real Estates will manage the fund, while Mumbai-based Supreme Universal will develop the projects.Arnya Real Estates has raised the capital for the platform via a Sebi-registered category II alternative investment fund (AIF)—Arnya Real Estate Fund-Equity.The two partners had announced the launch of a residential real estate platform in November that will develop housing projects in Mumbai and Pune.
08.03 / 15:07
markets COST UPS Trade War reports prevention A bitter harvest for wheat as war pops export dreams
crisis in West Asia intensifying, there is lacklustre sentiment among both importers and exporters due to higher freight costs and logistical uncertainties. Things are likely to be clear in due course of time," said Vikas Jain, proprietor, Osho Marketing House, a Delhi-based export firm.“Though global wheat prices have increased, it could have been a good opportunity for Indian farmers and traders to earn better returns through exports.
08.03 / 15:03
markets Platform Research track information recommendations prevention Centre plans tighter rules on nicotine lozenges, may mandate pharmacy-only sales
Mint.The proposal follows recommendations by the Drugs Technical Advisory Board (DTAB) at a meeting held in February. The board also called for a strict ban on sales to minors and closer monitoring of online platforms to prevent easy access.In India, NRT products including nicotine gums and lozenges are regulated as drugs under the Drugs and Cosmetics Act as they are used to reduce tobacco dependence.
08.03 / 13:09
markets War Updates How AI is turbocharging the war in Iran
Write to Daniel Michaels at [email protected] and Dov Lieber at [email protected] all the Technology News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
08.03 / 13:09
markets COST Platform Strategy Food Experts Inside Data, design and dosa batter: How Instamart is turning your 10-min craving into a private label empire
Mint. Price was not a factor but the presentation on the screen definitely was. Like a moth to a light, the bright yellow colour drew her in and she tapped on it.That instinctive and irrational add-to-cart moment is exactly what Swiggy is betting Noice can engineer on a large scale.When the company rolled out the food and beverage (F&B) brand in the middle of last year, it did not resemble a routine back-end grocery experiment.
08.03 / 13:09
UPS Provident Digital reports guidelines Updates Mint Explainer | RBI’s digital fraud compensation proposal: Who will get refunds and how it will work
Mint explains how the compensation mechanism could work and why the central bank believes a shared liability framework is needed.RBI has proposed a framework to compensate victims of small-value digital payment fraud, even in cases where the customer may have been partly negligent. The draft guidelines allow partial reimbursement for transactions of up to ₹50,000, with victims potentially receiving up to 85% of the loss or ₹25,000, whichever is lower.
08.03 / 13:09
markets Strategy Updates Gulf states had a strategy of playing nice with Iran. It failed.
Write to David Luhnow at [email protected] and Stephen Kalin at [email protected] all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
08.03 / 10:45
markets UPS security President Universities War Uncertainty amid the Iran War: Why the answers to India’s external troubles lie squarely at home
If you thought 2025 was a tough transition, 2026 now seems to have plenty more surprises in store. India, in particular, has to trek through two tricky minefields over the next 10 months: energy security and technological flux. These two prickly issues will have to fight for the political leadership’s mind-space, cluttered as it is with tricky geopolitics, rising unemployment, sticky economic growth and an always-on electoral cycle.
08.03 / 10:33
markets COST wellness performer audience stars Updates The cost of fame: why Bold Care found A-listers cheaper and more effective than the Meta ad algorithm
Mumbai: Sexual wellness brand Bold Care’s first brush with virality was in 2024, when it released a saas bahu style soap opera ad starring actor (and investor) Ranveer Singh, along with adult entertainment star Johnny Sins, for its condoms and other products. Since then, it has been investing in a series of campaigns featuring celebrities and influencers best known for speaking their mind and, sometimes, courting controversy.
08.03 / 10:33
HANS trends Updates Next task for Xi Jinping: Rebuild the military command he wiped out
Write to Chun Han Wong at [email protected] updated with the latest Trending, India , World and US news.
08.03 / 10:33
Action security President War rights International US-Israeli attack on Iran: Under what conditions can an illegal war claim moral legitimacy?
In international relations, manifestly illegal government action can sometimes be morally defensible. While historical examples of legitimacy trumping legality are few and far between, they do exist.
08.03 / 10:33
markets Digital film Actor Experts audience Interviews Are actors obligated to promote their films? Why marketing is now written into contracts
OTT (over-the-top) content and other entertainment options for audience attention, promotional campaigns have become a central part of a film’s release strategy, often with actors contractually required to participate.A recent dispute in the Malayalam film industry has brought that shift into focus. The Kerala Film Producers’ Association (KFPA) has asked actor Biju Menon to pay a compensation of about ₹15 lakh to cover the alleged loss incurred by the producer of his movie Nadanna Sambhavam, after the actor allegedly failed to appear for promotions as required under his contract.Queries sent to the actor on Saturday requesting a comment remained unanswered.
08.03 / 10:33
markets UPS economy wellness Trade testing Clive Crook: Just how resilient is the US economy? The Iran war could turn out to be a test
US President Donald J. Trump’s extraordinary gamble in attacking Iran and risking a wider conflagration in West Asia dials up the economic hazards facing the US economy from ‘very high”’ to ‘extreme.’ This new stress compounds a series of other pressures already facing the economy, which is now even more unlikely to emerge unscathed.The near danger is a setback in financial markets that gets out of hand. In many ways, some such reversal was already overdue, given the apparent overvaluation of US equities, the weight placed by tariffs on the economy’s back, a still-deteriorating fiscal outlook and stubborn inflation.
08.03 / 09:01
markets Art Dreams Intuit wellness beautiful dance Manu Joseph: Artificial intelligence isn’t funny and seems unable to grasp why that’s so
Like most people, artificial intelligence (AI) is not funny. I check every week. For some time now, I have been asking ChatGPT, and later Claude too, to tell me something funny.
08.03 / 08:11
markets UPS Sustainability War electronic shock Three segments quietly winning amid war, oil shocks, and the market bloodbath
Russian oil imports have received a free pass for a month, markets are spooked. And reasonably so.Higher crude means higher landed inflation, a wider current account deficit, and pressure on the rupee – all headwinds for corporate earnings, which had only just started staging a recovery. And markets have reacted accordingly – Nifty 50 index dropped almost 3% last week, matching the declines seen in the midcap and smallcap spaces.However, markets are never one-dimensional.
08.03 / 08:11
markets Progressive Platform security show country Updates Bertelsmann sees rural India as its next big investment frontier
Mint.For the early growth-stage corporate venture fund, there is a distinction between what venture capital like to call Bharat and rural India. While the term is all-encompassing, it doesn’t account for the fundamental issues facing rural India.
08.03 / 08:11
markets COST Digital Platform Food track travelers The invisible manager: how AI is running hotels without replacing humans
Hotel chains are increasingly rolling out AI tools across various operations as rising costs and tighter margins push them to find efficiencies in existing systems. Global operators in India are scaling similar capabilities.
08.03 / 08:11
markets War Updates Why gas prices could top $5 again if the Iran war drags on
Write to Anita Hamilton 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.
08.03 / 03:01
trends Updates Iran is hitting the radars that underpin US missile defenses
Write to Jared Malsin at [email protected] updated with the latest Trending, India , World and US news.
08.03 / 03:01
markets Universities Updates The odds of financial crises are rising. Will the US be there to help?
About the author: Robert Hormats is a visiting lecturer at Yale University. He is the former Undersecretary of State for Economic Growth, Energy, and the Environment and former Vice Chairman, Goldman Sachs International.Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.

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