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24.02 / 04:53
markets UPS Manufacturing reports Vaccines Pharmaceuticals Global PE firms line up for IndiaRF’s Synthimed Labs in $150-200 million deal
Mint first reported that IndiaRF has mandated Rothschild to help scout for buyers for the portfolio company that is seeking a valuation of about $1 billion.The stake sale underscores rising investor appetite for scaled API platforms with export-heavy books, especially as India’s pharma supply chain strengthens its position in regulated markets and private equity firms seek pre-IPO opportunities in defensible healthcare assets.“The exact amount of the ongoing fundraise is contingent to an acquisition that Synthimed is evaluating,” a third person said. “If the acquisition goes as planned, the round may potentially become larger with a primary capital infusion.
24.02 / 02:13
markets COST Election Justice voice Courts Why the Supreme Court's caution on freebies demands the attention of India’s political class
At one level, the Supreme Court’s (SC) chastisement last week of political parties and elected governments announcing freebies and direct cash transfers to woo voters ahead of elections might smack of judicial over-reach.Under India’s Constitution, all three arms of the state—the legislature, executive and judiciary—are required and expected to maintain a delicate balance without stepping on each other’s turf. However, a closer look at the object lesson delivered by the apex court to our political class on the long-term cost of such fiscal irresponsibility offers no reason to level that charge.
24.02 / 01:51
FIVE security Trade President cover Courts Investigations Trump considers new national security tariffs after Supreme Court ruling
Subscribe to enjoy similar stories. The Trump administration is considering new national security tariffs on a half-dozen industries in the wake of a Supreme Court decision last week that invalidated many of the president’s second-term levies. The new tariffs being considered could cover industries such as large-scale batteries, cast iron and iron fittings, plastic piping, industrial chemicals and power grid and telecom equipment, according to people familiar with the plans.
24.02 / 01:39
CEO JPMorgan Strategy economy Citigroup Research reports Jamie Dimon dismisses fears over how AI will hit JPMorgan
Subscribe to enjoy similar stories. JPMorgan Chase CEO Jamie Dimon said fears about artificial intelligence that walloped its stock on Monday were overblown and that America’s biggest bank would use the technology to its advantage. “In my view, we’ll be a winner," said Dimon, who was wearing a cast on his left hand after having arthritis and bone spurs treated.
24.02 / 01:39
Gap economy Puzzle Research President Universities rights The AI productivity boom is not here (yet)
Subscribe to enjoy similar stories. Artificial intelligence is advancing at startling speed. The latest models can now complete complex, hours-long tasks with little human supervision.
24.02 / 01:39
COST Trade President Experts country Courts International Here are (some) answers to your biggest tariff questions
Subscribe to enjoy similar stories. U.S. importers on Tuesday will no longer have to pay most of the sweeping tariffs President Trump imposed last year.
24.02 / 01:39
Citi Racing Fighting security War prevention International Mexico races to prevent cartel war after the killing of top drug boss
Subscribe to enjoy similar stories. MEXICO CITY—For many drug-enforcement officials in North America, there was one cartel boss who was too big and too dangerous to ever try to take down—Nemesio “El Mencho" Oseguera, the head of the Jalisco New Generation Cartel.
24.02 / 00:39
markets COST UPS Platform Strategy Research Features Ambani's Jio set to take on Ray-Ban Meta with affordable AI smart glasses
Mukesh Ambani's Reliance Industries Ltd (RIL) is looking to replicate its mobile data tariff strategy in smart eyewear — betting on aggressive pricing and scale to bring artificial intelligence (AI)-powered glasses to a wider audience, analysts and industry executives in the know said.JioFrames AI smart glasses, unveiled last year at RIL's annual general meeting, are expected to hit the market in the next 2-3 months, an industry executive said, adding that prices are likely to be significantly lower than the Ray-Ban Meta smart glasses that are available in the market. Analysts expect Jio Platforms to price its smart glasses below ₹10,000, roughly a third of the starting price of the Gen 1 variant offered by market leader Ray-Ban Meta, which sells at around ₹30,000.Smart glasses combine traditional eyewear with built-in speakers, microphones and AI features, allowing users to listen to music, take calls, capture photos and access digital assistance without pulling out a phone.The market for smart glasses has started heating up, with companies such as Lenskart and AI platform Sarvam also looking to launch these products.
24.02 / 00:39
markets Provident Target Sustainability performer classical recommendations Stocks to buy: Raja Venkatraman recommends two high-yield dividend stocks for 24 February
Subscribe to enjoy similar stories. Indian stocks with high dividend yields such as Vedanta and Coal India have acted as defensive anchors during the market volatility of 2025-2026. Despite global uncertainty and shifting domestic policies, these companies provided 4-6% yields, using their strong cash flows to protect investor capital from broader market declines.
24.02 / 00:39
markets Action Sustainability trends Trade recommendations Courts Stock recommendations for 24 February from MarketSmith India
Subscribe to enjoy similar stories. Stock market recap: The Indian equity benchmarks extended their winning streak on Monday, buoyed by a landmark US Supreme Court ruling that invalidated broad-based emergency tariffs. Nifty 50 advanced 0.55% to settle at 25,713, while Sensex climbed 0.58% to end at 83,294.66.
24.02 / 00:39
markets UPS Sustainability Food PepsiCo President International India’s ₹10,000 crore recycled plastic bet hits policy roadblock
India’s plastic bottles industry faces a ₹10,000 crore quandary: investments in a costlier, recyclable, food-grade material risk turning dud as regulatory uncertainty has slowed adoption by beverage makers.India drafted rules in February 2022to make it mandatory for beverage-grade bottles to contain at least 30% recycled polyethylene terephthalate (r-PET). It’s a kind of material that can be fully recycled.
24.02 / 00:39
markets Google Platform Browser Research wellness President Encrypted chatbots, gen-AI privacy to open up this year: Mozilla president Mark Surman
Subscribe to enjoy similar stories. Privacy-first user experiences in generative AI are poised to go mainstream this year as consumer discomfort around data sharing rises, Mark Surman, president and board member of web browser Mozilla, told Mint. Surman said that while generative AI may spell the end of conventional data privacy, “there are a lot of innovations happening to make sure that those who aren’t comfortable with AI and the kind of data sharing it needs will have alternate solutions to fall back upon." “We’re seeing the advent of end-to-end encrypted chatbots on the generative AI market right now, where the company at the other end who’s running the chatbots cannot see the messages that you’re sending, or your usage.
24.02 / 00:39
markets UPS Digital Platform BlackRock performer Updates Jio BlackRock changes tack, reaches out to mutual fund distributors
fintechs to market its mutual fund products.The company's move comes after a muted debut of its first equity scheme, the Jio BlackRock Flexicap Fund.Launched in October 2025, the Jio BlackRock Flexicap Fund's assets under management (AUM) stood at ₹2,613 crore at the end of January, compared with ₹2,808 crore of the Abakkus Flexicap Fund, launched in December 2025."For a name like Jio BlackRock, it should have seen a higher uptick in its flexicap fund. Trying to go purely direct in India, especially for a new AMC, might be difficult," said Srikanth Meenakshi, co-founder of mutual fund research platform Primeinevstor.In a 6 Septemberinterview with Mint, its chief executive, Sid Swaminathan, said people were becoming increasingly comfortable managing their finances digitally on their phones, and its partnership with Jio, which has access to that ecosystem, gave it a clear understanding that this is the direction it wants to pursue.
24.02 / 00:39
markets UPS Provident Aware Food Experts Updates FSSAI's big coffee shake-up: Chicory content must be prominently displayed on front of pack from 1 July
New Delhi: How much chicory is in your coffee? If you’re not sure or don’t care, you will get to know starting in July, when the percentage of chicory will be displayed quite prominently on coffee powder packs.India’s apex food regulator wants to ensure that customers are aware of the volume of chicory in their preferred brew, according to two government officials and a document reviewed by Mint.In a major overhaul for beverage labelling, the Food Safety and Standards Authority of India (FSSAI) has finalized a new mandate requiring ‘prominent declarations’ on the front of the pack so that blended coffee is not mistaken for 100% pure coffee. Also, the font sizes of these declarations must be proportionate to the logo dimensions, with a 1 July enforcement date.Chicory is a popular additive that provides a darker colour and an earthy taste to the beverage.
24.02 / 00:39
markets COST UPS BLOCK Manufacturing Hyundai Updates India eyes shipbuilding big league as Cochin Shipyard, HD Hyundai near $500 million JV
India’s long-held ambition to become a serious shipbuilding nation on par with giants such as China, South Korea, and Japan may finally get off the starting blocks in the second half of 2026, at a time when the Asian shipyards are packed with orders, with waiting periods stretching into several years.In the first instance of a global shipbuilding giant investing directly in core shipbuilding infrastructure in India, state-run Cochin Shipyard Limited (CSL) and South Korea’s HD Korea Shipbuilding and Offshore Engineering (HD KSOE)—part of the HD Hyundai Group—are in final stages of forming a joint venture to set up a $500-million manufacturing facility in Kochi, with both partners contributing equally.CSL’s chairman and managing director, Jose V.J. said a CSL team would visit South Korea this month to finalise the deal.
24.02 / 00:11
markets COST FIVE security Trade International RBI 1, ESMA 0: India protects domestic clearing house from EU interference
Subscribe to enjoy similar stories. In the regulatory tussle over supervision of India's clearing houses, the European Union blinked first. Ending a three-year standoff over supervision of the Clearing Corp.
23.02 / 15:13
economy Election President Experts Lamar country Venezuela’s leaders killed the economy. They are still in charge.
Subscribe to enjoy similar stories. Dozens of armed government agents swarmed the offices of shrimp producer Grupo Lamar, a family owned business that had emerged as one of Venezuela’s largest exporters after the collapse of the oil industry. The owners are terrorists, agents told petrified workers.
23.02 / 15:13
markets Manufacturing economy Align cover recommendations International Centre aligns kids’ apparel standards with global benchmarks
Subscribe to enjoy similar stories. The Centre has set new standards aligning domestic norms with global benchmarks for children’s apparel to help domestic manufacturers meet stricter international regulations, two people close to the development said.
23.02 / 15:13
UPS wellness Trade President Courts International ‘Pure tariff chaos.’ The world—and markets—react to Trump’s trade shift.
Subscribe to enjoy similar stories. President Donald Trump’s new 15% global tariff is causing uncertainty and confusion among investors and international lawmakers alike. Trump announced the move Sunday, up from a 10% rate, after the Supreme Court struck down levies the administration imposed under the International Emergency Economic Powers Act Friday.
23.02 / 15:13
markets FIVE CEO FLEX track rights How staying small became AI startups’ biggest flex
Subscribe to enjoy similar stories. Boosted by powerful new artificial-intelligence tools, Silicon Valley startups are running leaner than ever, spawning new benchmarks like revenue-per-employee and even talk of the billion-dollar, one-person company. AI coding products like Anthropic’s Claude Code and OpenAI’s Codex, along with AI tools for sales, marketing and other functions, have reduced the need to hire, some founders and Silicon Valley insiders say.
23.02 / 12:01
markets Updates Meta rakes it in, yet still borrows billions for AI
Write to Jonathan Weil 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.

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