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Mint takes a look at the arguments made by the high-profile Adani counsels and the road ahead in the case.The SEC has alleged that billionaire businessman Gautam Adani and Sagar Adani, among others, paid $250 million in bribes to unnamed government officials in India to secure favourable power-supply contracts for Adani Green Energy Ltd.The regulators further claimed that when raising capital from American investors, the Adanis did not tell them about the alleged bribes while stating the company’s anti-bribery policies, thus misleading investors and committing securities fraud.The Adani Group has denied any wrongdoing.The Adani lawyers filed a motion to dismiss the SEC case based on a lack of personal jurisdiction. The Adani kin are neither residents of the United States nor did they purposefully direct their activities towards the country, the counsels said in their motion.Gautam Adani did not personally authorize the issuance of the $750 million bonds under question or direct the sale of these bonds in the US, they said.

Indian audio and video content, usually considered a draw for domestic audiences and specific diasporic markets, is now finding a home in unusual export destinations.Saudi Arabia, Egypt and the Philippines are among the countries where Indian content is popular, according to the Content Trends Report launched recently at the Content India Summit 2026, organized by Dish TV.Experts said this demand is not diaspora-led, unlike more established markets such as the US or the UK. Instead, it appears to be driven by cultural alignment.

₹2980 a share (30 shares make one contract) , implying a range of 49720- 55680 from yesterday through 28 April when the contracts expire.That works out to an 11.3% range over Tuesday's closing. Any breach of this range will expose them to huge losses.The Bank Nifty comprises 14 stocks led by HDFC Bank, ICICI Bank , Axis Bank , SBI and Kotak Mahindra Bank. Ram Sahgal is a deputy editor at Mint.

Every month, Mint’s Plain Facts section brings out an update on key global data to thread together the biggest developments in the world that are worth paying attention to. The accompanying analysis and charts explain how each story is creating ripples on the global stage, where it is headed in the coming weeks, and whether it can impact India.Major central banks are expected to remain cautious in the coming weeks as the war in West Asia has clouded the global economic outlook, with supply disruptions and higher oil prices stoking fears of stagflation.The Federal Reserve, Bank of England, and Bank of Japan are widely expected to keep interest rates unchanged in the near future, amid the war fog, trying a balancing act between a possible increase in inflation and a slowdown in growth.

New York Magazine. Her piece moved from a day-care worker mocked for words like “juxtaposition” and “circumstantial” to a Moroccan writer accused within minutes of submitting work, to a business professor raised across Asia who said the English textbooks he learned from had given him precisely the kind of vocabulary people now associate with ChatGPT. The writers with autism she spoke to said this was not new.

Smartphone makers in India have raised prices by as much as 40%, according to a Mint report, as the war in West Asia and a chip scarcity push up costs. The increases appear to be industry-wide, with brands such as Vivo, Oppo and Samsung, among others, raising their price tags.Ordinarily, this should not attract the attention of policymakers. But these handsets are fast turning indispensable at every socio-economic level, needed as they are for internet access, UPI payments, Aadhaar identity verification and a whole lot more.

Good morning!India’s AI and data centre boom is gathering pace, but can the power grid keep up? As billions flow into digital infrastructure, the Central Electricity Authority is rethinking electricity demand forecasts to avoid future disruptions.Reason for the urgency: data centres are energy guzzlers, running 24X7. With capacity expected to jump from about 1.2 GW today to nearly 10 GW by 2030, power consumption could soar to 40–45 TWh by then.

As artificial intelligence (AI) reshapes global tech spending, India’s IT services majors are responding with a leadership reset. New chief AI roles, dedicated business units, and AI-linked revenue disclosures point to a structural shift in how the sector is gearing up for growth in the automation era.This shift is already visible in the pace of leadership changes.

. is looking to capitalise on that shift, betting on city hotels and experiential resorts.“Travel is shifting, with Asia, including India, likely to benefit as some European and West Asia-bound tourists who may divert their travels from elsewhere,” said William E. Heinecke, founder and chairperson of Minor International, which runs hotel brands like Avani and Anantara.It’s the right time to focus on India, he told Mint. "There’s tremendous potential for both domestic and international travel here,” said Heinecke, who is in India to attend the Hotelivate hospitality conference in Mumbai this week.The Thailand-based hotel company is signing an Anantara at the World Trade Centre in Kolkata this month.

domestic airlines within hours, limiting the hike to about 8.5% in New Delhi. The ministry of petroleum and natural gas said the partial increase was aimed at insulating carriers from a fuel price shock amid disruptions in global energy markets.The move is part of a broader effort to contain costs. The Centre has also capped domestic jet fuel price hikes by oil marketing companies at 25% starting April.

multi-asset model has seen steady traction in recent years, according to industry insiders. While data at the industry-wide level is not available, Mint interviewed senior executives at large wealth management companies and portfolio management services, or PMS, firms and analyzed their portfolios to capture the trend.Some quick background: a wealth manager, typically, earns revenue in two ways.

Stock market recap: Nifty 50 rebounded sharply on Tuesday, gaining 155.40 points (0.68%) to close at 23,123.65, marking its fourth consecutive session of gains. The index opened weak, falling more than 120 points and slipping nearly 1% amid concerns about escalating US-Iran tensions and rising crude oil prices.

Mint from hotel chains and hospitality consultancies, at least three companies—including Radisson and Marriott—have already signed up with over a dozen hotels this calendar year, growing on the back of a big domestic tourism boom and a greater demand for branded experiences.Last week, Hyatt signed two new hotels with the Brigade group in Chennai and Bengaluru, while IHG Hotels signed a hotel in Delhi's Nehru Place while ITC Hotels signed a Storii branded hotel in Mukundgarh Fort Hotel in Rajasthan."In 2026 so far, we have already added nine new hotels signed across markets. Our development strategy remains focused on a balanced mix of tier-1, -2, and -3 markets," said Nikhil Sharma, managing director and chief operating officer, South Asia, for the Radisson Hotel Group.That is the appeal of the asset-light model that now dominates much of the branded hotel business.

Best stocks to buy today (All Buy trades are rates of equity and sell rates are based on F&O)Natco Pharma Ltd: Buy above ₹1,085 | Stop ₹1,005 target | ₹1,220 (multiday)Godawari Power and Ispat Ltd: Buy above ₹285 | Stop ₹275 | Target ₹310 (multiday)KPIT Technologies Ltd: Buy above ₹710 | Stop ₹675 | Target ₹781 (multiday)On Tuesday, the benchmark Sensex and Nifty staged a strong recovery after opening on a weak note, supported by robust buying in IT stocks. The domestic markets initially slipped amid rising geopolitical concerns over the West Asia war and investor caution ahead of the deadline set by US President Donald Trump for a possible agreement with Iran.

India's pharmaceutical reputation, however, was harder to contain.This wasn't an anomaly. It was a pattern.

When Raunak Bhinge first approached institutional investors seeking funding for Infinite Uptime, the pitch was straightforward: much of India’s factory equipment was still analogue, and digitising it could help manufacturers improve output. Over time, the venture pivoted from being seen as a software startup to proving it was an artificial intelligence (AI)-backed business built on proprietary industrial data and models refined over years of deployments.“Investor due diligence has become deeper over the years as we raised funding,” said Bhinge, whose venture has raised over $60 million since inception.

Mint.The US-based semiconductor equipment major is “spending more energy” tracking opportunities in the country than before, as policy support and early-stage investments begin to translate into a stronger pipeline of startups, said Om Nalamasu, chief technology officer (CTO) of Applied Materials.“With initiatives like ISM 1.0 (India Semiconductor Mission 1.0), ANRF (Anusandhan National Research Foundation), and RDI (research, development, and innovation) funds, we expect a significant increase in both the number and quality of ideas emerging from India,” he said.Nalamasu added that the firm is also engaging with government-backed initiatives such as fund-of-funds structures aimed at boosting domestic innovation.Applied Ventures has joined the India Deep Tech Alliance (IDTA) as a corporate strategic partner, signalling a deeper engagement with the country’s semiconductor and deep-tech ecosystem.Globally, it has invested over $500 million across more than 100 companies, deploying about $100 million annually across 19 countries. It has seen more than 10 listing exits and multiple mergers and acquisitions.In India, however, its exposure remains limited so far.

rare earth magnets critical for automobile, defence, electronics and wind energy sectors, among others.The scheme received the Union Cabinet's assent on 26 November last year, following which interested parties have begun consultations with the government. The scheme’s target is to create a magnet making capacity of 6,000 tonnes per annum in India."The government's benchmark is that ₹1,000 crore investment will be needed for 1,200 tonnes of magnet making capacity.

trade negotiations because it opens access to large public-sector markets.The gross merchandise value (GMV) on the GeM portal fell 7.4% to ₹5.03 trillion in FY26, from ₹5.43 trillion in FY25.“There is a degrowth of 7.4 % in FY26 with respect to FY 24-25 due to the absence of unique/ sporadic procurement. However, the cumulative GMV of ₹18.4 lakh crore (since its inception in 2016) reflects the sustained confidence of buyers, sellers and institutions in a transparent and technology-driven ecosystem improving public procurement.

NEW DELHI: A shortage of refrigerated containers (reefers) caused by the West Asia war is worrying Indian growers of mangoes ahead of the peak export season, according to five people aware of the development.With the war in its second month, key maritime routes, including the Strait of Hormuz and the Red Sea, have been disrupted, leading to container shortages and higher freight costs. Many containers are stuck in transit due to congestion or are being re-routed, leading to longer shipment cycles.This poses a unique problem for India, which produces 20.68 million tonnes, or 44%, of the world's mangoes annually, the most by any country.

On 30 March, the ministry of electronics and information technology (MeitY) published draft amendments to the Information Technology (Intermediary Guidelines) Rules, 2021, which, if passed, will have far-reaching consequences for internet users in India. While each of the three primary amendment proposals does something different, together they will transform the internet from a rules-based regime into one governed by discretion.