City Mumbai Financial News

04.02 / 10:59

Action Experts show reports Courts rights Byju’s resolution professional aims at Raveendran Singapore firm in Aakash control battle

Subscribe to enjoy similar stories. MUMBAI : The resolution professional of edtech giant Byju's parent Think & Learn Pvt. Ltd, or TLPL, has alleged that a Singapore investment vehicle of Byju Raveendran, the embattled promoter of the platform, engaged in “unlawful conduct" to dilute the holding company's rights in test-prep company Aakash Educational Services Ltd or AESL.

04.02 / 01:21

COST UPS Citi security Strategy country reports D2C brands go offline, powering a mall leasing boom

Subscribe to enjoy similar stories. Bengaluru: Direct-to-consumer (D2C) brands are emerging as one of the biggest drivers of mall leasing in India, as customer acquisition costs rise online and the need for physical visibility pushes them offline. Direct-to-consumer brands accounted for 27% of India’s total retail leasing in 2025, up from 25% in 2024, according to a report by Coldwell Banker Richard Ellis (CBRE), the world’s largest commercial real estate services and investment firm.

04.02 / 01:21

markets Provident Manufacturing wellness Trade electronic reports ChrysCapital acquires minority stake in Bengaluru-based Nash Industries

Subscribe to enjoy similar stories. MUMBAI : ChrysCapital has acquired a significant minority stake in Bengaluru-based precision manufacturing solutions provider Nash Industries, top executives told Mint. “Nash exemplifies the emergence of globally competitive manufacturing from India.

03.02 / 14:37

markets UPS Manufacturing Trade President country US tariff cut sparks hopes of job revival in India’s textile hubs

Subscribe to enjoy similar stories. Bengaluru | Mumbai: Relief will start trickling into India’s export hubs, where months of weak orders and job losses had followed the steep tariff hike by the US, the country's largest export market. Washington's move to cut tariffs on Indian goods is set to ease the pressure on labour-intensive exporters, such as textiles and gems and jewellery.

03.02 / 12:27

SEC Volkswagen security Kirklands President Courts Investigations From Trump’s defense attorney to a former Mafia prosecutor, Adani hires a battery of high profile attorneys in the US

Subscribe to enjoy similar stories. MUMBAI: Adani Group chairman Gautam Adani and his nephew Sagar Adani have hired prominent attorneys in the US—including one of Donald Trump’s lawyers and a former Mafia prosecutor—to represent them in their defence against allegations of securities fraud levelled by the Securities and Exchange Commission (SEC). The senior Adani has appointed law firm Sullivan & Cromwell LLP with Robert Giuffra leading the team representing him, as per a court filing dated 30 January.

03.02 / 09:53

markets Citi security stage 2020 reports International Advent re-enters Aditya Birla Capital with ₹2,750 crore housing finance deal

Subscribe to enjoy similar stories. MUMBAI: Private equity firm Advent International will acquire a 14.3% stake in Aditya Birla Housing Finance Ltd (ABHFL) for ₹2,750 crore, valuing the company at ₹19,250 crore on a post-money basis, according to a regulatory filing by listed parent Aditya Birla Capital. The parent will retain an 85.7% stake.

02.02 / 14:57

markets Provident Analysis Research trends Trade President Why the markets began to party after sinking on budget day

Subscribe to enjoy similar stories. MUMBAI : The bloodbath in the markets on budget day was surprisingly cut short on Monday, as investors stepped in to bottom-fish and buy beaten-down stocks, especially those of blue chip companies that are part of benchmark indices. With much of the budget disappointment already priced in and global cues turning slightly supportive, the benchmarks recovered even as concerns over near-term growth and earnings lingered.

02.02 / 08:35

markets Booking Landmark Parke trends Courts International Prestige Estates regains grip on pre-sales, launches. Focus now on debt levels

Subscribe to enjoy similar stories. Prestige Estates and Projects Ltd is set to close FY26 on an impressive note, helped by new launches and continued sales traction in existing projects. Pre-sales or bookings rose a whopping 122% year-on-year to ₹22,327 crore in the nine-month period ended December (9MFY26) when it unveiled nine projects (residential and plotted), including Prestige Garden Trails in Mira Road in Q3FY26.

01.02 / 12:37

markets COST FIVE Manufacturing security Analysis Trade Budget bloodbath: Market breadth hits 5-year low as STT hike triggers widespread rout

Subscribe to enjoy similar stories. MUMBAI : Market breadth has hit at least a five-year low during Sunday’s budget session, with four out of every five BSE 500 stocks retreating. This marks the most widespread sell-off on a budget day since 2021, erasing gains across every sector except pharma and textiles.

01.02 / 10:59

UPS Digital CEO economy Experts Schools Colleges Budget aims to boost India's animation, content creation with ₹250-crore investment

Subscribe to enjoy similar stories. India’s animation, visual effects, gaming and comics (AVGC) ecosystem is set for a significant boost after finance minister Nirmala Sitharaman proposed a ₹250-crore allocation to expand formal talent development across schools and colleges, signalling a push to institutionalize the country’s fast-growing creator economy.

31.01 / 10:33

UPS CEO Death wellness 2020 Courts Former Citibank India CEO Pramit Jhaveri not to seek another term at Sir Dorab Tata Trust

Subscribe to enjoy similar stories. Bengaluru and Mumbai: Former Citibank India CEO Pramit Jhaveri has decided not to seek another term at the Sir Dorabji Tata Trust, one of the two principal trusts that controls the $300-billion Tata group of companies. His term expires 11 February.

31.01 / 08:17

Citizens SEC security Department Courts International Adani vs SEC: Diplomatic stalemate makes way for a long courtroom battle

Subscribe to enjoy similar stories. MUMBAI : The securities fraud proceedings against Adani Group chair Gautam Adani and his nephew Sagar Adani—over allegations of paying bribes to unnamed Indian government officials and misleading American investors—have broken a year-long political stalemate, making way for a potentially long legal battle in a US court.

31.01 / 00:21

markets UPS stage country reports International PE giants line up for RedTape in deal valuing footwear maker at up to ₹5,000 crore

Subscribe to enjoy similar stories. MUMBAI : Global private equity firms including Apax Funds and Advent International have joined the race to acquire a majority stake in RedTape, in a transaction that could value the Indian footwear maker at ₹4,500–5,000 crore (about $500 million), three people familiar with the matter said on condition of anonymity. The proposed deal marks one of the largest private equity plays in India’s branded footwear space, and comes amid rising investor interest in the country’s consumer-facing family-owned businesses.

30.01 / 11:13

UPS Citi Provident economy Research show social Economic Survey: Gig workers face constant income insecurity, isolation and burnout

Subscribe to enjoy similar stories. The Economic Survey 2026, released on Thursday, flagged rising vulnerabilities among migrant and gig workers as risks to labour productivity. It noted that many migrants who move to urban hubs face loneliness and social isolation despite financial gains.

30.01 / 08:03

markets COST Citi FIVE security Trade International Sebi, IFSCA in talks with EU watchdog to unlock clearing house re-recognition

Subscribe to enjoy similar stories. MUMBAI: India’s market regulator Securities and Exchange Board of India (Sebi) and Gift City regulator International Financial Services Centres Authority (IFSCA) are aiming to sign information-sharing agreements with Europe’s securities watchdog within the next 60 days, a step that could allow five Indian clearing houses to seek re-recognition by the European Union, two people aware of the discussions told Mint. The move follows the European Union’s financial markets regulator European Securities and Markets Authority (ESMA) signing an agreement with the Reserve Bank of India (RBI) on 27 January on information sharing.

30.01 / 00:35

markets Coca-Cola Strategy ICE Food PepsiCo innovations Reliance to enter the bottled iced tea market with Brew House relaunch

Subscribe to enjoy similar stories. MUMBAI : Reliance Consumer Products Ltd (RCPL) plans to enter the bottled iced tea market this coming summer with the relaunch of “Brew House", three people close to the development told Mint. The people added that the brand—for which the company received approval on 23 July 2025, according to the commerce ministry records—is expected to be relaunched within the next two months.

29.01 / 14:19

markets UPS Platform economy Food community information How India’s informal watchdogs are forcing consumer brands to clean up their act

Subscribe to enjoy similar stories. Bengaluru: In April 2023, when Revant Himatsingka, 33, posted a video criticizing the high sugar content in Bournvita, pointing out that it made up a third of every serving (7.5 gm in every 20 gm), he expected the video to go viral. What he did not expect was to receive a notice from the brand’s legal team.

29.01 / 01:37

markets UPS IPO FIVE Digital Enterprise reports India’s data centre boom turns to IPOs as AI-driven capex surges

Subscribe to enjoy similar stories. MUMBAI: India’s data centre industry is shifting into a new phase in which public market listings and joint ventures are increasingly being looked upon as funding options.

28.01 / 11:07

UPS CEO Airlines Enterprise reports International Navi Mumbai airport plans to start international operations by June after getting night flight permit, CEO Bansal says

Subscribe to enjoy similar stories. HYDERABAD: Gautam Adani-owned Navi Mumbai International Airport expects to start international operations by June, after obtaining clearance for night flying operations in the next month, the company’s top executive said. “We are in the process of getting the night flight permit, after which the next step will be to start 24-hour domestic operations and in the first quarter of FY27 we will start international operations," Arun Bansal, chief executive officer of Adani Airport Holdings Ltd, told Mint at the Wings India 2026 event in Hyderabad on Wednesday.

28.01 / 10:35

markets Platform Food Research wellness reports rights 4700BC popcorn adds a dash of indulgence to Marico’s food portfolio

Subscribe to enjoy similar stories. MUMBAI : India’s snacking habits are moving from cinema halls to living rooms, and Marico wants a front-row seat. As the FMCG major eyes a 25% compound annual growth rate (CAGR) in its foods portfolio, its acquisition of premium popcorn brand 4700BC is designed to capture at-home indulgence without abandoning its health-led roots.

28.01 / 01:07

Manufacturing Align Trade country cover Courts International SC's Tiger ruling sparks demand for insurance, legal protection for investments

Subscribe to enjoy similar stories. MUMBAI : The Supreme Court (SC) judgment on Tiger Global, upholding capital gains tax on its Flipkart share sale, has opened the door for a review of similar past investments by other entities.

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