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25.02 / 15:47
markets Doge Updates The tax nerd who bet his life savings against DOGE
Write to Richard Rubin 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.
25.02 / 13:45
markets security Charity reports rights Updates International Lodha secures development rights for prime Malabar Hill property
₹106.12 crore.According to the deal-related documents accessed via Propstack, a real estate data analytics firm, the agreement to sell (development rights) has been signed by the developer and the seller, Sorabji Kanga Charity Trust, through its trustees.As part of the deal, Lodha will be entitled to develop 5,017 square metres of carpet area (saleable area), along with 150 car parking spaces and a 42.5% share in the trust overseeing the project.The market value of the land is approximately ₹621.71 crore, according to the deal document, and Lodha has paid ₹37.42 crore in stamp duty for the transaction that was executed on 7 January.“Lodha will likely develop a high-end residential project there,” said a person on the condition of anonymity.The total land area of the property is 17,403.20 square metres (roughly 4.3 acres), and it has a chawl, Palacimo Co-operative Housing Society, and six bungalows. Lodha will redevelop the land, except for the housing society, as per the agreement.
25.02 / 13:09
markets COST UPS Manufacturing Strategy International Pharmaceuticals Penicillin shot: Will Aurobindo Pharma’s audacious bet rejuvenate antibiotic production in India?
backed by the production linked incentive (PLI) scheme—where the Indian government provides financial incentives based on incremental sales—and a minimum import price, Aurobindo is reversing that arc.In an exclusive interview with Mint, Madan Mohan Reddy, a whole-time director of Aurobindo Pharma, said the decision was far from impulsive. “It wasn’t a tough call to make,” he said.
25.02 / 13:09
markets FIVE exclusive reports Updates International Pharmaceuticals Emirates SkyCargo adds freighter flights ahead of Mumbai airport freighter closure
Mint at the Air Cargo India 2026 being held in Mumbai.“So, we will have a total of five freighters weekly into India once we add the new freighter frequencies,” he said. When asked about shifting operations as Mumbai airport will close its freighters operations, Abbas said, “Yes, we will adapt as needed”, and will consider moving to the new airport in the state, Navi Mumbai.Currently, Emirates carries around 600 tonnes of pharmaceuticals and 500 tonnes of perishables from India each week, out of a total weekly uplift of 3,000 tonnes.Mint earlier reported that five foreign freighters, including FedEx and a DHL-Lufthansa joint venture, are expected to start operations at Navi Mumbai International Airport (NMIA) from May.
25.02 / 13:09
markets Updates Netflix’s Warner deal may be dead. Why the streamer should make a ‘graceful exit.’
Write to George Glover at [email protected] all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
25.02 / 13:09
markets Updates Skeptical investors are hunting for ways to short the AI frenzy
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
25.02 / 11:43
markets Updates Saudi Arabia wants to host the world’s cheapest data centres
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
25.02 / 11:43
markets Target Software innovations information reports Updates Mint Explainer: Are India’s IT giants actually ready for AI?
On Tuesday, information technology industry body Nasscom projected a flat pace of growth for India’s tech services sector in the coming fiscal years. The previous day, brokerage firm Jefferies reduced its target prices of India’s Big Four IT firms.
25.02 / 08:11
UPS economy Enterprise wellness country rights Updates India's AI and rare earths push to attract global funds, signalling new investment era for nation: ADB's Chatterton
NEW DELHI: Global investors have a positive outlook on India because of a stable, enabling environment and a pro-business approach in emerging sectors such as artificial intelligence data centres and processing of rare earths and critical minerals, the Asian Development Bank said.The multilateral bank’s private sector investment operations in India, a key part of its global investment portfolio, will continue to go up in sectors including renewable energy and financing of micro, small and medium enterprises, Isabel Chatterton, ADB’s director general of private sector operations department, said in an interview. Microfinance, agriculture, skilling and affordable housing too are areas that ADB finances.A fifth of ADB’s global investments is in India.
25.02 / 08:11
markets FIVE Strategy Food Research 2020 International Mint Explainer | Inside the Centre’s plan to double food processing capacity
₹1.53 trillion annually.The push was outlined during a meeting chaired by the secretary of the ministry of food processing industries (MoFPI), according to a government statement on Tuesday, and reflects a broader attempt to modernize the farm economy by shifting value creation away from raw produce toward processed and packaged foods. Policymakers say the approach could stabilize farmer incomes, reduce wastage and strengthen exports through investments in infrastructure, technology adoption, and value addition.As India seeks to modernize its agriculture, expanding processing capacity has emerged as a key policy focus.
25.02 / 08:11
markets COST UPS security Trade reports Updates Can the strong order inflow lift ABB’s earnings?
ABB India Ltd’s shares have risen over 7% in the past four trading sessions, led by better order inflow prospects and early signs of demand improvement.In the December quarter (Q4CY25) earnings call, the management said that demand is rebuilding after a slack in early 2025, supported by traction in emerging industries such as data centres and electronics, favourable macro environment led by the government’s capital expenditure, and a gradual pick up in private-sector investments. This bodes well for 2026.
25.02 / 08:11
markets UPS CEO Apple Research President show Tech bros seem bent on controlling minds and politics. Can anyone rein them in?
In Dave Eggers’ 2021 novel The Every, a giant search engine company acquires an e-commerce behemoth. Delaney Wells, the lead character, plans a vigilante action against the company by getting a job with it. Her college thesis, written with a view to charm her way into the company, argued that it was immaterial that it was a monopoly if consumers were fine with it.
25.02 / 06:19
markets UPS Sustainability performer 2020 Updates Chasing 12% equity returns? It may be the wrong goal
investment horizon is limited.For instance, a systematic investment plan (SIP) in the Nifty 50 started in January 2012 delivered a five-year return of about 9% per annum, but a seven-year return of roughly 12% per annum. Over longer holding periods, these fluctuations tend to smooth out. The same SIP has generated annual average returns of around 14% over 10–15-year periods.
25.02 / 04:13
FIVE Manufacturing Mobile economy Election show Updates From capex cuts to liquidity crunch: The worrying signals from the economy
Slow capital expenditure by the government in Q3 amid elusive private capex, a high credit-deposit ratio, the rupee continuing to underperform among EM peers even as foreign portfolio investors have turned net buyers in equities, and manufacturing activity cooling, here are five signals from the economy this month.After maintaining a high level of capital expenditure in the first half of the current financial year, benefitting from a low base, the Centre fell short in the third quarter of the financial year.This, economists said, proved to be a drag on the Indian economy, which is expected to see a slower growth of 7.4% in Q3 compared to 8.2% in the previous quarter. The Centre’s capex declined 23.4% year-on-year in Q3 compared to a growth of 30.7% in the previous quarter.To be sure, the decline has come against the backdrop of high capex during the same quarter last year, following a delayed spending due to Lok Sabha elections.
25.02 / 02:13
markets COST Target FIVE awards rights Updates National Monetization Pipeline 2.0: The latest plan’s size is impressive but its success isn’t guaranteed
The monetization of state-owned assets is a good idea in principle. It could trigger fresh capital formation that accelerates economic growth if implemented right.
25.02 / 01:59
markets UPS CEO Software performer reports Interviews Tech firms aren’t just encouraging their workers to use AI. They’re enforcing it.
. Employees get an AI competency score from one to five—scoring a five if they create systems that improve the workflow of others. He has also created a new award: Whoever comes up with the most effective AI-driven process wins a vacation stipend worth several thousand dollars.He won’t consider hiring candidates without AI fluency.
25.02 / 01:59
markets IPO Updates AI-induced tech selloff spoils the IPO parade
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
25.02 / 01:59
markets Provident Fighting country Updates Mint Quick Edit | India's counter-terror policy document is welcome but misses an important detail
Given India’s extended fight against terrorism, why a policy document on countering it took so long is hard to fathom. With Prahaar, though—an acronym that lays out India’s approach on the menace—we now have a clearly laid out policy.
25.02 / 01:59
markets Updates How to get rich in modern China
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
25.02 / 01:59
markets UPS Action Sustainability trends Trade recommendations Stock recommendations for 25 February from MarketSmith India
Stock market recap: The Indian equity benchmarks faced significant selling pressure on Tuesday, with Nifty 50 plunging 288.35 points (1.12%) to settle at 25,424.65, and BSE Sensex plummeting 1,068.74 points (1.28%) to 82,225.92.The session saw a "tech bloodbath" as Nifty IT crashed 4.74% to a 30-month low. This rout was triggered by deepening AI disruption fears following Anthropic’s launch of tools capable of automating legacy COBOL systems—a core service area for Indian IT majors.
25.02 / 01:59
markets UPS classical reports travelers Updates International LIC holds these three penny stocks. Should you?
When discussing Life Insurance Corporation of India (LIC) and penny stocks, it’s a classic case of ‘big money’ playing a very different game than the average retail investor.While LIC is famous for its blue-chip holdings, it actually maintains a long tail of low-priced stocks. However, low-priced stocks are sometimes not active buys but holdings that have eroded over years.Here are three penny stocks that LIC holds.

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