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20.03 / 06:47
markets Target Gap Trade reports guidelines Updates India’s carbon trading plan for steel industry slows as emissions data gaps force reset
emissions data from about 70 plants to establish this baseline. But a review found mismatches between reported emissions and fuel use or production levels at some units, while others used differing calculation methods.
20.03 / 06:47
markets UPS IPO Target reports Updates Rentomojo aims to raise up to ₹1,200 cr via IPO, to file draft papers soon
₹1,000–1,200 crore, three people familiar with the matter said.The firm is targeting a valuation between ₹5,000–7,000 crore for a listing and has appointed IIFL, Motilal Oswal and Axis Capital as advisors to help with the issue, the people added.“The listing, which is expected to happen in FY27, is largely dominated by an offer for sale by existing investors with a smaller primary component to raise fresh capital for expansion plans,” one of the people cited above said on the condition of anonymity.If it goes as planned, Rentomojo will join the growing list of startups such as PhonePe, Flipkart, Zepto, boAt, Shiprocket, Infra.Market, OfBusiness and Shadowfax that are looking to tap the public markets this year.However, rising tensions in West Asia have dampened investor sentiment and impacted valuations, prompting several companies, including PhonePe, to defer their listing plans.“The markets are uncertain and it’s difficult to see where the valuations will land,” a second person said.Mails sent to Rentomojo, IIFL, Motilal and Axis did not elicit a response till the time of publishing.Founded in 2014 by Geetansh Bamania and Ajay Nain, Rentomojo began with the aim to serve a new generation of urban Indian professionals who move cities frequently for work.The startup's subscription model allows customers to rent household essentials without committing to ownership—an offering increasingly relevant for professionals, especially those working in IT and BPO jobs.As it moves closer to an IPO, the company is increasing its focus on operational efficiency, customer trust, and scalable growth—key priorities as it transitions from a startup to a listed entity.Last year, Mint reported that the startup was looking to raise a fresh
20.03 / 03:57
markets Updates The critical energy assets hit in the Gulf
Write to Rebecca Feng at [email protected] and Carl Churchill at [email protected] all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
20.03 / 03:41
markets UPS Provident security Software Trade Parag Parikh buys 3.65% in this cash management company. Betting on a dip or a structural winner?
CMS Info Systems operates in a sector undergoing significant consolidation, where weaker players are steadily exiting due to severe challenges accessing credit and liquidity. As a result, even a listed competitor (AGS Transact) had to cease operations due to liquidity problems.CMS stepped in to stabilise ATM networks for banks, reinforcing its position as a mission-critical partner rather than just a service provider.
20.03 / 03:05
markets War Updates US war planes and helicopters kick off battle to reopen Hormuz
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
20.03 / 02:57
markets COST UPS Highways track Traffic Updates Forget self-driving cars: Think of how else technology could ride to the rescue of urban India’s streets
A straw poll might show there exists a field of technology in which we Indians actually find it hard to be optimistic: self-driving vehicles. Satellite-guided traffic is a tech vision that’s unlikely to survive contact with our urban streets, unless AI can evolve to outsmart, say, a ‘squid’ motorist (in biker parlance) and learn the art of a real-world dodge.But optimism or any lack thereof has no bearing on the need for tech solutions to upgrade how vehicles move. For one thing, the status quo is costly.
20.03 / 02:57
markets Citi Universities Updates Why you should let AI write your next customer complaint
Minkyu Shin is an assistant professor of marketing at the City University of Hong Kong. He can be reached at [email protected] all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
20.03 / 01:37
markets reports Updates Mint Quick Edit | HDFC Bank chair’s abrupt exit: Three facts could reassure its stakeholders
After HDFC Bank chairman Atanu Chakraborty resigned in an abrupt move that the board led by his interim replacement Keki Mistry was reportedly baffled by, stakeholder attention was drawn to what the former may have meant by practices in his observation over the past two years being incongruent with his personal “values and ethics,” which is what he cited to explain his sudden departure. Chakraborty didn’t elaborate. “There are no other material reasons for my resignation,” he wrote in his resignation letter.
20.03 / 01:37
markets War Updates Trump’s Iran war frays ties with allies as oil prices surge
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
20.03 / 01:15
markets Target wellness trends Trade testing Updates Stocks to buy: Raja Venkatraman recommends three stocks for 20 March
Stock market recap: Indian equity benchmarks, Sensex and the Nifty 50, slumped more than 3% on Thursday in their worst session since June 2024, dragged down by heavyweight HDFC Bank after the abrupt exit of its chairman and by a surge in crude prices following attacks on West Asian energy facilities.The Nifty 50 fell 3.26% to 23,002.15 points, while the BSE Sensex also lost as much to settle at 74,207.24.On the Sensex, Eternal, Bajaj Finance, Mahindra & Mahindra, HDFC Bank, Larsen & Toubro and Bajaj Finserv were among the major laggards. HDFC Bank dropped 5.13% after its chairman, Atanu Chakraborty, resigned, citing ethical concerns.Brent crude, the global oil benchmark, soared 6.75% to $114.8 per barrel after Iran attacked a key natural gas facility in Qatar as well as two oil refineries in Kuwait.Best stocks to buy today (All Buy trades are rates of Equity & Sell rates are based on F&O)IPCALAB: Buy above ₹1550, stop ₹1500 target ₹1680 (Multiday)GESHIP: Buy above ₹1445, stop ₹1380 target ₹1540 (Multiday)COLPAL: Sell below 1880, stop ₹1940 target ₹1760(Multiday)Indian equity markets suffered a sharp selloff on Thursday, March 19, 2026, as persistent global risk-off sentiment and a surge in crude oil prices triggered broad-based losses.
20.03 / 01:15
markets Updates Here’s what’s behind the selloff in gold and silver
Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
20.03 / 01:15
markets COST Citi social Updates International Why aren’t petrol prices rising in India despite global crude surge?
crude prices translates quickly into higher fuel costs. In the US, for instance, a gallon of regular petrol that averaged $2.94 in February now costs $3.58—a 20% increase—according to AAA Fuel Prices, a retail fuel price tracker from the American Automobile Association.In contrast, petrol in cities like Mumbai has held steady at around ₹103 per litre in recent weeks.At the core of this stability are state-run oil marketing companies (OMCs) such as Indian Oil and Hindustan Petroleum.When international prices surge, these companies often absorb the increase instead of passing it on immediately to consumers.According to Madan Sabnavis, chief economist at Bank of Baroda, "In the interest of social stability and to shield the common citizen from sudden inflationary shocks, domestic oil marketing companies often maintain steady product prices even as global crude costs climb.
20.03 / 01:15
markets UPS Trade show strain Updates Titan leans on silver as gold rally prices out entry-level buyers
₹1 lakh segment.The pressure is most visible at its youth-focused brands CaratLane and Mia by Tanishq, where demand is showing signs of strain as gold becomes less affordable. Titan is expanding design-led silver offerings to retain entry-level buyers, rather than relying only on lower-carat gold or pricing tweaks.The shift underscores a broader pivot underway in India’s jewellery market: as gold prices climb, consumers—particularly younger buyers—are becoming more experimental, gravitating toward lighter, lower-ticket categories such as silver and silver-studded pieces.Gold is currently trading at around ₹1.5 lakh per 10 grams on the MCX, up sharply over the past year, while silver is hovering around ₹2.35 lakh per kg, indicating a widening affordability gap between the two metals.“We are seeing a structural shift in India’s jewellery consumption.
20.03 / 01:15
markets UPS security Trade cover Updates Bearish bets on HDFC Bank at record highs, volatility may persist
sudden resignation of chairman Atanu Chakraborty, with open positions in the stock’s active futures contracts hitting record highs, according to Bloomberg data.Usually, such a heavy buildup of short bets can trigger a bounce through short covering.
20.03 / 01:15
markets shock Updates America may be a petrostate. But the energy shock still hurts
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
20.03 / 00:31
IPO security Research Trade show cover Updates Falling sales, revenue prompts Ola Electric to cut R&D funds to pay debt, again
After a board meeting on Wednesday, the Bengaluru-based company decided to reallocate ₹575 crore, out of ₹1,505 crore it raised for research and development (R&D) during the initial public offering (IPO), to pay debt and fund organic growth activities.The company’s disclosures showed that ₹475 crore will be used to fund upcoming debt, while ₹100 crore will be used for growth purposes. This is the second time since going public in August 2024 that the company has changed its use of funds, with the first change made in August 2025.The cut in funds to be used for R&D has come as the company has total debt obligations worth ₹526 crore for financial year 2026 and ₹610 crore for financial year 2027, excluding any other short-term debt.Subhabrata Sengupta, partner at Avalon Consulting, said that funds required for R&D can change, but such a reallocation isn’t a positive sign.“How much R&D spend is needed depends on the plan.
20.03 / 00:31
markets COST Manufacturing Trade singer reports Updates Singer India eyes premiumization, diversification to garner greater market share
MUMBAI: Sewing machine manufacturer Singer India Ltd. plans to focus on premiumization and diversification into consumer products to garner a greater share in the domestic and industrial markets that are currently flooded by Chinese products.“Today we have been able to completely reposition ourselves as a premium product,” Rakesh Khanna, vice-chairman and managing director of Singer India, told Mint.The company plans to invest over ₹100 crore in the next three years in a new plant to increase production of zig zag sewing machines.
20.03 / 00:31
markets UPS Booking Boxing film audience Updates Dhurandhar 2’s potential success may lift PVR Inox, but only for now
Dhurandar: The Revenge hit the theatres on Thursday, and expectations are high after the massive success of the first part. While audiences are excited, the release holds greater significance for PVR Inox Ltd and its shareholders.The film is estimated to garner net domestic box office collection of around ₹100 crore on day one, supported by advance bookings and strong demand. The movie’s lifetime collections are estimated at ₹1,000-1,300 crore, which is no mean feat.For PVR, a film of this scale pushes occupancy levels and average ticket prices higher.
20.03 / 00:31
markets Assurant Align Research Experts reports HDFC Bank crisis: Investors in the dark despite repeated reassurance
HDFC group veteran Mistry seemingly borrowed words from Chakraborty’s statement to refute it. Mistry said he would not take on the responsibility of chairing the lender “if the systems, processes, governance practices in the bank did not align with my principles and my level of integrity.”Mistry, 71, told reporters on a separate call that the bank management will speak to all major shareholders over the next one or two days to address their concerns.
20.03 / 00:31
COST UPS Aware Election cover Updates Will health insurance cover LASIK surgery? Here’s what you need to know
I am planning to undergo LASIK surgery to correct my eyesight. Will my health insurance policy cover this procedure? What are the rules and conditions I should be aware of?- Name withheld on requestLASIK surgery is a popular option to correct vision and reduce dependence on glasses or contact lenses.
20.03 / 00:31
markets Provident security War Cycling consequences Updates West Asia conflict to prolong earnings recovery cycle, but worst is over: Gaurav Dua of Standard Chartered Securities
India Inc.’s earnings recovery will take longer than expected as higher energy prices amid the West Asia conflict could squeeze margins, according to the investment head of Standard Chartered Securities (India).“The consensus about a month back was building around 14-15% kind of (earnings) growth, which might come to low double-digits because of these changes in the input cost,” said Gaurav Dua, chief investment officer at the broking firm.For a year and a half, India Inc has been in an earnings downgrade cycle that was expected to bottom out, Dua said. But the rising energy prices could prolong the recovery, he said.

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