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UPS Provident Digital Crypto Die-Hards Think They’ve Found the Next Bitcoin

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markets UPS Digital Crypto is now mainstream. Investors of all ages are diving in.

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markets UPS Booking Manu Joseph: Why we cannot be sure Bitcoin’s secret creator is actually Adam Back

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markets Blockchain MET Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value

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markets Digital ETF Why this is the coldest crypto winter yet

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markets Cooper Trade A Bitcoin blunder for the ages: $40 billion accidentally given away

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markets UPS Binance One generation runs the country. The next cashed in on crypto

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markets FIVE Digital A new crypto winter is here and even the biggest bulls are worried

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markets Blockchain UPS Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?

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markets Blockchain MET Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value

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Blockchain UPS Provident The great crypto reckoning: Wake up and get real about this class of pseudo assets

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Blockchain Ethereum Digital JPMorgan steps further into crypto with tokenized money fund

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markets Blockchain UPS Mint Explainer: Why the RBI is wary of stablecoins—Crypto’s measured wing

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markets Blockchain Ethereum What lies ahead for Altcoins: Looking at the future of diversified portfolios

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Blockchain security economy Zoho's Sridhar Vembu explains why Infosys co-founder Nandan Nilekani's plan to tokenise land is 'seductive, but...'

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markets Blockchain Ethereum Top low-cap altcoins with massive upside

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FDIC chair to quit after scathing report on toxic culture

The White House says FDIC chairman to step down following report on agency's toxic workplace culture

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Centre set to expand electrification drive to PSUs, state govts in boost for electric carmakers

Marriott bets on outbound Indian travel surge, rewires loyalty into experiences

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28.04 / 06:25

markets COST UPS Provident Corning wellness fun Beyond summer camps and classes: lifelong money lessons for your child

Subscribe to enjoy similar stories.For parents, summer often brings a steady outflow of funds for their children—camps, hobby classes, and activities that quickly add up. But alongside this seasonal spending lies an opportunity many overlook.These short-term spends are a great time to ‘soft launch’ the money conversation in a language that kids easily understand.

28.04 / 03:39

markets Provident Manufacturing Food Research information Updates Three consumer stocks where FIIs increased stake in March quarter

Subscribe to enjoy similar stories.Investors usually favour companies in which foreign institutional investors (FIIs) hold a stake, as FIIs are known to prefer businesses with robust corporate governance, strong liquidity, and scalable earnings growth.Rising FII ownership can indicate investor confidence and attract market participation. However, it should not be the sole consideration for equity investment.FIIs may adjust holdings due to global interest rates, currency movements, ETF flows, or broader risk events unrelated to company fundamentals.

28.04 / 03:39

markets Citi FIVE trends cover Updates Interviews Snabbit raises $56 million in Series D; valuation doubles to $360 million

Subscribe to enjoy similar stories.Quick home services startup Snabbit has raised $56 million as part of its Series D round, co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments' (MAVI), Unicorn Growth Fund, and Bertelsmann India Investments (BII).New investors on the company’s captable include MAVI, global marketplace investor FJ Labs and Susquehanna VC.“This round is really a mandate to build for the long-term,” said company founder and chief executive Aayush Agarwal in an interview with Mint. “It's about deepening our presence in existing markets, launching in new micro markets in cities we're live in and experimenting and launching new categories that increase the customer's wallet share.”India’s home services market was estimated at around $60 billion in FY25 and is projected to grow to nearly $100 billion, according to Redseer Strategy Consultants.

28.04 / 03:39

markets Booking trends beautiful cover reports Updates Beauty brand WishCare in early talks to sell majority stake at ₹3,000 crore valuation

Subscribe to enjoy similar stories.Kolkata-based WishCare, known for its range of serums, sunscreens, and hair growth products, is exploring a majority stake sale that will value the brand at about ₹3,000-3,500 crore, three people familiar with the matter said.The company has appointed O3 Capital to help with the sale and several strategics and private equity funds will be tapped as part of the process, the people said on the condition of anonymity.“The deal is likely to attract a strategic buyer and feelers are expected to be sent to the likes of Marico, ITC and L'Oréal,” one of the people cited above said.India’s beauty and personal care (BPC) market, valued at $23 billion in FY25, is projected to touch $40 billion over the next four years, according to consultancy firm Redseer. Riding this surge in premium, science-led skincare demand, WishCare competes with fast-scaling brands such as Minimalist, Pilgrim, Dot & Key, The Derma Co, Arata, True Frog, Lotus Herbals and Auli Lifestyle across categories.Emails sent to WishCare, O3 Capital, Marico, ITC and L'Oréal did not elicit a response till the time of publishing.“The company clocked about ₹350 crore in revenue and ₹100 crore in Ebitda in the last financial year (FY26),” according to the second person.WishCare clocked about ₹200 crore in revenue in FY25 and has been profitable.At the upper end of the indicated valuation range, the deal would value the company at roughly 8–10x FY26 revenue and about 30–35x Ebitda, indicating strong investor appetite for profitable new-age beauty brands.Interestingly, L'Oréal is also evaluating the acquisition of personal care brand Innovist at a valuation of $350-400 million, Moneycontrol reported last month.

28.04 / 03:09

markets SUN JPMorgan Merck country reports Sun Pharma’s deal to buy Merck-spinoff Organon ticks the right box on acquisition cost if not R&D

Subscribe to enjoy similar stories.Sun Pharma would appear to have got itself a sweet deal when it agreed to acquire all outstanding shares of US-based Organon for $3.7 billion in cash at $14 per share.The US pharma company had outstanding debt of $8.6 billion at the end of 2025, annual sales of $6.2 billion and adjusted Ebitda of $1.9 billion (i.e., earnings before interest, taxes, depreciation and amortization). Its enterprise value of $11.75 billion, as widely reported, is the sum of its stock value and debt, less cash on hand.

28.04 / 03:09

markets UPS SUN Food Viatris Pharmaceuticals Why Sun Pharma’s massive Organon buyout is winning over investors where Lupin, Biocon failed

Subscribe to enjoy similar stories.Sun Pharmaceutical Industries Ltd’s acquisition of Organon might yet avoid the pitfalls that its rivals, Lupin Ltd and Biocon Ltd, have faced in the past. Billed as among the largest deals in the Indian pharma space, the Sun-Organon deal is in a better place than the Lupin-Gavis and the Biocon-Viatris deals.When Lupin completed the acquisition of US-based Gavis Pharmaceuticals in March 2016, the former’s stock went downhill.

28.04 / 03:09

markets UPS Mobile Trade cover Updates Mint Quick Edit | The India-New Zealand trade pact opens up new avenues for trade and investment

Subscribe to enjoy similar stories.The India-New Zealand free trade agreement (FTA) signed on Monday is the latest in a series of bilateral pacts India has struck. Once operationalized, it will allow India zero-duty access for all goods along with easier mobility for professionals to work in New Zealand, which has also committed to invest $20 billion in India over many years.

28.04 / 01:17

markets COST UPS BLOCK reports Updates The AI splurge is costing big tech its workforce

Subscribe to enjoy similar stories.Tech companies are rushing to trade their people for more chips. Some of those companies might come to regret the exchange.Microsoft and Meta Platforms are just the latest major tech companies trying to scale back their workforces in the name of artificial intelligence. Meta’s latest plans will cut about 8,000 people from its workforce.

28.04 / 01:17

UPS President War shooting social Features Updates Pushing past third assassination attempt, Trump forges ahead with his ballroom

Subscribe to enjoy similar stories.WASHINGTON—Hours after gunfire erupted outside the White House Correspondents’ Dinner, Sen. Kevin Cramer called President Trump to check on him.

28.04 / 00:55

COST Platform wellness trends track reports Isro arm raises satellite bandwidth rates 20% after a decade

Subscribe to enjoy similar stories.NewSpace India Ltd (NSIL), the commercial arm of Indian Space Research Organisation (Isro), has raised satellite bandwidth prices by 20%, effective 1 April, marking its first revision in a decade and signalling a reset in how scarce orbital capacity is priced amid shifting demand.The increase, communicated to customers in a letter dated 18 September, reviewed by Mint, will affect broadcasters, direct-to-home (DTH) platforms and companies leasing capacity for TV distribution, connectivity for ATMs and remote areas, maritime and defence projects, and enterprise communications.The move comes as demand dynamics shift, with traditional DTH usage weakening even as aviation, maritime and defence applications seek capacity, prompting a long-delayed pricing correction.“NSIL management has decided to revise the pricing of Ku-band capacity in three satellites—Gsat-31, Gsat-10 and Gsat-16. This is the first price revision of government satellites after 2016.

28.04 / 00:55

markets UPS economy trends Experts show Updates NBFCs may reflect monsoon stress before it shows up elsewhere

Subscribe to enjoy similar stories.India's weakest monsoon forecast in 26 years hasn't rattled Dalal Street much, raising the risk that investors are underpricing pockets of stress.The India Meteorological Department’s (IMD) first estimate pegs 2026 rainfall at 92% of the long-period average (LPA), flagging chances of below-normal precipitation. Amid persistent foreign investor outflows, elevated crude prices and patchy earnings, monsoon risks are being seen as incremental.However, experts caution that a weak monsoon could choke farm cash flows, dampen rural credit demand, and sour asset quality before broader consumption trends buckle.Non-banking financial companies (NBFCs) with exposure to vehicle loans and micro, small, and medium enterprise (MSME) financing in rural markets are most closely aligned with the monsoon cycle.Unlike fast-moving consumer goods (FMCG), consumer durables, and autos—which can cushion rural weakness through premiumization and urban demand—these lenders' books are directly tied to farm incomes.The Centre for Monitoring Indian Economy (CMIE) expects rabi crop income to grow just 0.8% year-on-year in FY26 due to low food inflation, down from almost 11% last year and well below the above-8% annual trend seen since FY16.

28.04 / 00:55

markets SUN track country medicines Updates Pharmaceuticals Sun Pharma’s Organon buy took shape over three months of intense negotiations

Subscribe to enjoy similar stories.Mumbai: India’s second-biggest overseas acquisition was stitched together over three months of near-daily negotiations between the bidder, the seller and their bankers, said a banker aware of the details behind the transaction.Mumbai-based Sun Pharmaceutical Industries Ltd on Monday said in an exchange filing it will acquire US-headquartered Organon & Co for about $11.75 billion. This is the largest overseas deal by an Indian company since Tata Steel acquired UK-based Corus Group for $12 billion in 2007.The deal was always pitched at around $12 billion from both sides, with negotiations neither exceeding nor materially falling from that level, the person cited above said on the condition of anonymity.“The deal was out in the market sometime late 2025, and Sun was very interested because it gave them access to more than 100 countries across the world and also complemented the product suite,” said the banker.

28.04 / 00:55

markets COST show track cover reports Updates SBI leads policy push to solve India’s change crunch

Subscribe to enjoy similar stories.For those who have faced a shortage of small-value notes and coins in their wallets, the next three months could bring a change.India’s largest lender, State Bank of India (SBI), is looking to install dozens of cash and coin dispensers by the end of June, as it leads an initiative by the government and the Reserve Bank of India (RBI) to ease access to low-denomination paper money and coins.The state-owned lender plans to install 60 such machines in markets and other high-traffic areas where demand for change is high, according to four people familiar with the development and a document seen by Mint.The rollout will cover branches with currency chests in cities such as Bengaluru, Pune, Amravati, Chandigarh, Vellore, and Shimla, among others. The idea is to cover 13-14 states, the person said.“If the bank sees usage pickup at these machines, it will gradually increase the number.

28.04 / 00:55

markets SUN Career Strategy Universities Pharmaceuticals Dilip Shanghvi-led Sun Pharma's most expensive M&A deal signals fading allure of US generics business

Subscribe to enjoy similar stories.Sun Pharmaceutical Industries Ltd on Monday announced the $11.75 billion acquisition of Organon & Co., in a seemingly aggressive push into the US market that has long decided the global fortunes of Indian drugmakers. However, the biggest buyout by an Indian company in nearly 20 years also signals that the US generics market's decades-long allure is beginning to fade for Indian drugmakers, which are now eyeing newer markets such as China, South Korea, and Spain with branded generics.Announced early on Monday, the Organon acquisition ranks as the second-largest acquisition by an Indian company, behind Tata Steel's 2007 deal to buy British steel maker Corus Group for $12 billion.For years, Indian pharma rode a powerful wave in the US, as expiring patents of blockbuster small-molecule drugs opened a gold mine for low-cost generic drug makers in the world's largest drug market.

28.04 / 00:55

UPS Manufacturing CEO show voice cover reports Indian IT increases vigil on deal conversations even as AI eats revenue

Subscribe to enjoy similar stories.In a shift from the ‘growth at any cost’ era, IT services industry leaders like Infosys Ltd, HCL Technologies Ltd, and Tech Mahindra Ltd are increasingly avoiding low-margin contracts, preferring to sacrifice top-line revenue to protect their bottom lines from the impact of artificial intelligence (AI).The change comes as generative AI begins to affect the traditional outsourcing model. By automating tasks that previously required thousands of engineers, AI is compressing deal values and forcing firms to choose between hyper-competitive, low-yield work and more lucrative, automated services.The impact of this selectivity is already showing up in the books.

28.04 / 00:55

UPS Progressive Gap Enterprise track inclusion information The ₹5 trillion question: Is India’s gender budget delivering for women entrepreneurs?

Subscribe to enjoy similar stories.A decade has passed since India began rebuilding inclusive and progressive infrastructure for women, with the gender budget hitting ₹5 trillion in 2026-27. This represents around 9% of the Centre’s total expenditure.While the push for women’s inclusion through higher expenditure is visible, and millions of women are part of several schemes encompassing self-help groups, small businesses, and employment, among others, several gaps remain that raise questions about whether these benefits are just on paper.Data shows that over 50 million women beneficiaries are under the Pradhan Mantri Mudra Yojana (PMMY), and over 100 million under self-help groups, but very few are registered businesses—the share of formally registered enterprises run by women was just 20.5% in 2023-24, marginally up from 17.5% in 2021-22.While the gender budget has grown in size, the internal architecture suggests a shifting focus towards livelihood rather than women-led industrialization.

28.04 / 00:55

markets UPS Strategy trends country cover Alvarez & Marsal looks to deepen India presence over the next year

Subscribe to enjoy similar stories.MUMBAI: Alvarez & Marsal (A&M) plans to scale up its corporate finance team in India and expand into new sectors, as the New York-based consulting firm positions itself to capture a rise in dealmaking and sustained capital inflows into the country, senior executives said.The expansion comes amid a shift in global investor strategy towards long-term capital deployment in India, driven by strong underlying fundamentals, high-growth prospects and elevated public market valuations that are pushing deal activity, including cross-border transactions.“We are building a highly sector-specialized corporate finance team, that integrates seamlessly with the firm’s other offerings,” said Mohit Khullar, managing director and head of corporate finance at Alvarez & Marsal India.The firm’s corporate finance practice currently spans consumer, industrials, healthcare and pharma, with the recent addition of Nitin Lath as managing director for the sector.“We will specialize within pharma, with a strong focus on Indian branded formulations, niche generics and speciality pharma, as well as CDMOs (contract development and manufacturing organization) and APIs (active pharmaceutical ingredients),” Lath said. “The pharma industry is undergoing a period of transformation, with several players re evaluating their business models and actively pursuing large M&A opportunities, including cross border transactions across the US and Europe.”Khullar said the firm will also expand into additional sectors such as financial services and technology in the coming months.

28.04 / 00:55

markets COST UPS Food love track cover Diet Coke shortage gives zero-sugar D2C beverages a summer opportunity

Subscribe to enjoy similar stories.A nationwide shortage of Diet Coke is creating an opportunity for India’s direct-to-consumer zero-sugar beverage brands to win new customers as supply disruptions leave multinational soda makers short on shelves this summer.With demand for low-calorie drinks rising during the peak summer months of April and May, newer beverage companies are using the disruption to attract consumers who may not find their usual diet cola, betting that temporary shortages could translate into repeat purchases, industry executives told Mint.For many of these startups, including Paper Boat Zero, Chinni Kum, Zyro, and Jimmy's, the disruption has been less severe because a large part of their portfolio is sold in PET bottles rather than aluminium cans.Ankur Bhatia, founder of Jimmy’s, said the company’s bottle-based packaging has given it a ‘tactical edge’ because shortages in aluminium cans have worsened as beer and soft drink makers compete for the same production capacity. “The can-making lines are the same.

28.04 / 00:55

markets Williams Action Align Sustainability trends recommendations Stock recommendations for 28 April from MarketSmith India

Subscribe to enjoy similar stories.Stock market recap: The market rally on Monday, 27 April, was driven by sectoral recoveries and easing geopolitical tensions. Sun Pharmaceutical Industries surged more than 7%, leading Nifty gainers after announcing an $11.75 billion acquisition of Organon.

28.04 / 00:55

markets UPS Provident Target security Trade recommendations Stocks to trade: Raja Venkatraman recommends 3 stocks for 28 April

Subscribe to enjoy similar stories.Although initial resistance levels were briefly broken on Monday, the market continues to show hesitation, preventing a clear breakout or a stronger trend. Nevertheless, the fact that bullish momentum has persisted despite periodic volatility has increased overall market confidence.Buy above ₹890, stop ₹835, target ₹990 (multiday)Buy above ₹465, stop ₹435, target ₹515 (multiday)Buy above ₹520, stop ₹490, target ₹580 (multiday)Indian equities rebounded on 27 April, snapping a three-day losing streak as easing geopolitical concerns lifted sentiment.

28.04 / 00:21

COST Analysis economy War Updates Mint Explainer | Renewables overtake coal for the first time. Will the West Asia war hasten the shift?

Subscribe to enjoy similar stories.In 2025, renewables surpassed coal in the global power mix for the first time in over a century, according to a new report by energy think tank Ember. India and China played a pivotal role in this transformation, with electricity generated from fossil fuels falling in both countries.However, coal still accounts for more than 70% of India’s electricity.