City Mumbai Financial News

12.12 / 07:17

markets UPS Digital Strategy economy wellness patient Ozempic an “epic launch” in India: Novo Nordisk India MD Vikrant Shrotriya

Subscribe to enjoy similar stories. MUMBAI: Danish drugmaker Novo Nordisk launched its blockbuster drug Ozempic in India on Friday, priced at ₹8,800 per monthfor a starting dose. The launch comes close on the heels of Wegovy, the company’s other injectable weight-loss drug, which entered the market in June.

12.12 / 03:17

Digital Sustainability Food information Videos Scandals darts Is fast content leaving us famished? Here’s how to retrain the brain for depth

Subscribe to enjoy similar stories. If data is the new diet, we’re living through an era of mental fast food. Our thumbs scroll, our eyes dart, and our minds gorge on a buffet of digital calories: tweets, reels, and algorithmic outrage.

11.12 / 11:29

markets COST UPS Provident Platform Updates What the IndiGo fiasco tells us: The role played by the state is being taken over by mega corporations

Under India’s new economic order, consumption has become a dependency, mediated—beyond choice—by ownership of infrastructure. Last week, at Mumbai airport, I saw IndiGo’s embattled yet intact front-line. Yet, real authority was up in some cloud that no individual seemed able to override.A generation ago, you were courted by multiple companies vying for your money.

11.12 / 10:03

markets UPS Target Gap reports Axis AMC to launch ₹2,000 crore private credit fund as demand surges

Subscribe to enjoy similar stories. MUMBAI: Axis Asset Management Company (AMC) is set to launch its third private credit alternative investment fund (AIF) next week, aiming to raise up to ₹2,000 crore, a senior executive told Mint. The move comes as the fund house looks to scale sharply in a private-credit market that is drawing record interest even as traditional lenders pull back.

11.12 / 00:55

UPS Provident Booking Platform Airlines reports travelers From Airbus to bus: Private operators hope to retain travellers as demand rises amid ongoing IndiGo fiasco

Subscribe to enjoy similar stories. Private bus operators and online ticketing platforms are hoping to retain more users as travellers stranded by the IndiGo flight cancellation fiasco seek out last-minute travel alternatives. From local travel companies to electric-bus startups, everyone is vying for a share of a market that has lit up like a Christmas tree.

10.12 / 02:37

CAT Healthcare Celebrity cover prevention strain Traffic How to keep pets safe during peak air pollution season in Mumbai, Delhi

Subscribe to enjoy similar stories. Delhi and Mumbai are deep into a polluted winter, and pets are breathing the same toxic air we are. Poor air quality harms pets slowly rather than dramatically, which means the safest approach is to plan the day around the air instead of sticking to routine out of habit.

10.12 / 00:31

markets COST security Experts testing International As NephroPlus expands abroad, scale turns into its toughest test yet

Subscribe to enjoy similar stories. MUMBAI : Nephrocare Health Services, better known as NephroPlus, is pitching itself as a global dialysis disruptor on the back of what chairman and managing director Vikram Vuppala touts as a low-cost, high-efficiency operating model. Built at India’s price point and refined through scale, the company now plans to replicate this template in higher-priced international markets.

10.12 / 00:15

UPS Digital Booking Platform trends country audience Nagraj vs Naruto: Indian comics level up as Gen Z turns to anime

Subscribe to enjoy similar stories. NEW DELHI , MUMBAI : Indian comic heroes like Chacha Chaudhary, Nagraj, Super Commando Dhruv, Doga, Suppandi and Shikari Shambu are levelling up to face anime legends such as Naruto, Tanjiro, Goku, Saitama, Light Yagami, and Luffy. Millennials’ childhood favourite characters from Diamond Comics, Raj Comics, Amar Chitra Katha, and Tinkle, among others, may soon be seen taking selfies, using artificial intelligence (AI), and discussing mental health to connect with Gen Z and Gen Alpha, who have gravitated towards Japanese anime and manga.

09.12 / 11:35

markets COST UPS Digital Research song reports Automation puts IT-backed digital marketing units under strain

Subscribe to enjoy similar stories. MUMBAI: Automation tools are rapidly reshaping the economics of digital marketing and creative services. Tasks that once required teams of designers, website builders and editors are now being completed in minutes, cutting both billing cycles and the need for large production teams at some of the world’s biggest IT and advertising-linked firms.

09.12 / 01:07

COST UPS Aviat Airlines Moodys reports Flight cancellations will hurt, but IndiGo has other worries too

Subscribe to enjoy similar stories. MUMBAI/NEW DELHI : Record flight cancellations and a weak Indian rupee threaten to slam the financials of IndiGo in the December quarter, analysts said. Concerns are also rising that India's largest airline may struggle to hire enough pilots, potentially forcing it to reduce flights to comply with the rules.

08.12 / 11:55

UPS Manufacturing Platform Software wellness Everest Interviews Mint Interview: Speed of value creation in India will be much faster next decade, says Peak XV’s Mohit Bhatnagar

Subscribe to enjoy similar stories. MUMBAI : Fresh from its success of recently-listed Pinelabs, Groww and Meesho, their funder and one of India's top venture capital fund Peak XV believes the speed of value creation in India is likely to be much faster in the coming decade than it was in the past, its managing director Mohit Bhatnagar said in an interview. The firm wants to double down on bets in consumer, fintech and software sectors even while scouting for opportunities in sunrise sectors such as space tech, precision manufacturing, and semiconductors.

08.12 / 09:59

markets COST Trade Cycling show track hospital Chalet Hotels’ stock had a silent year despite impressive business growth

Subscribe to enjoy similar stories. Chalet Hotels Ltd stock is down around 3% over the past year, despite clocking 121% year-on-year revenue growth for the first half of FY26. The stock’s muted show could be because Chalet was trading at premium valuations a year ago, after rallying prior to that when the market was pricing in the upbeat hospitality cycle.

08.12 / 08:41

markets UPS Booking security Sustainability Interviews Relationships A new Japanese promoter, a former banker, and a recipe for success

Subscribe to enjoy similar stories. MUMBAI: SMFG India Credit has entered a reset moment. Months after its leadership change and the parent’s deeper push into Indian financial services, the non-bank financier's new chief Ravi Narayanan has made one thing clear: before growth or product expansion, the house must be put firmly in order.

08.12 / 08:01

markets UPS Provident Target Gap Strategy India Inc sees growing interest for private credit as market expands

Subscribe to enjoy similar stories. MUMBAI: India’s private-credit market is in the midst of its busiest phase yet, with a wave of domestic and global investment firms rushing in as companies seek faster, more flexible capital than traditional lenders can provide. Over the past 12 to 18 months, firms from DMI Alternatives and Ascertis Credit to Motilal Oswal Alternates, ASK Group, True North, Edelweiss, Multiples Alternate Asset Management, Prabhudas Lilladhar and Vivriti Asset Management have launched new funds, while heavyweights such as Blackstone Group and Bandhan AMC are setting up dedicated platforms.

08.12 / 08:01

COST UPS Booking love country beautiful travelers This couple had a New Year holiday in Oman just for ₹2 lakh. Here's how

Subscribe to enjoy similar stories. NEW DELHI : An international New Year holiday often sounds expensive, but Oman proves otherwise. With its turquoise wadis, cliffside beaches, and dramatic mountains, the country looks luxurious yet is actually one of the easiest and most affordable international trips for Indians today.

08.12 / 01:23

markets Manufacturing Healthcare performer track reports Pharmaceuticals Creador acquires 7% stake in pharma company La Renon

Subscribe to enjoy similar stories. Mumbai: Kuala Lumpur-based private equity firm Creador has acquired a 7% stake in La Renon Healthcare from the promoter and existing investor Peak XV Partners for an undisclosed sum, the companies said in a statement on Monday. Creador’s purchase of shares from Peak XV comes about a decade after the venture capital firm first invested in the company.

07.12 / 03:15

markets Waves Apple pandemic beautiful reports testing WOW ruled naturals. Why is it struggling in today’s beauty game?

Subscribe to enjoy similar stories. MUMBAI: WOW Skin Science boomed during the pandemic, riding the naturals wave with its breakout onion shampoos and apple cider vinegar (ACV) products. However, the Bengaluru-based company quickly lost relevance, as consumers shifted to science-backed skincare products that delivered results.

05.12 / 01:15

markets Enterprise Research wellness President diving Microsoft plans bigger data centre investment in India beyond 2026, to keep hiring AI talent

Subscribe to enjoy similar stories. NEW DELHI: Microsoft will keep investing in artificial intelligence-ready data centre infrastructure in India beyond 2026, and continue hiring artificial intelligence (AI) engineers to build value-added solutions, the company’s top India executive said. “As part of our $3 billion investment plan through this year and the next, our Hyderabad data centre—one of the largest in the region—is set to go live by June 2026.

05.12 / 01:15

markets UPS security Research wellness trends reports Corporates usually wait for RBI rate decision before bond offers. Not this time

Subscribe to enjoy similar stories. Mumbai: Bond issuers have flooded the market with long-term paper ahead of the 5 December Monetary Policy Committee meeting, breaking from past trends amid uncertainty about a rate cut, a weakening rupee, and a high supply of central and state government debt. Over the past two weeks, financial institutions such as Axis Bank Ltd, Power Finance Corp., Canara Bank, ICICI Bank Ltd, Indian Railway Finance Corp, and ICICI Prudential Life Insurance Co.

04.12 / 08:13

markets UPS IPO Research electronic stars reports AMFI rejig countdown: IPO stars prepare to topple the titans

Subscribe to enjoy similar stories. MUMBAI : Come January 2026, when the Association of Mutual Funds in India (Amfi) redraws the market capitalization map, new guards will steal the spotlight, and established titans might lose their crowns. The immediate surge will come from newly listed entities projected to leap straight into the large-cap league.

04.12 / 08:13

COST UPS Digital Aware Platform Udaan in talks to sell minority stake in its NBFC arm

Subscribe to enjoy similar stories. Mumbai: Udaan has initiated a process to sell a minority stake in its non-banking financial entity as the business-to-business (B2B) e-commerce platform looks to monetize assets while navigating a broader restructuring exercise, said three people aware of the matter. “The company is in early talks with advisory firm DC Advisory to help with the process, and the deal structures are still being decided," one of the people cited above said on the condition of anonymity.

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