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Subscribe to enjoy similar stories.MUMBAI: Inventurus Knowledge Solutions (IKS Health) aims to be the leader in the US rural healthcare outsourcing market after its acquisition of TruBridge on Thursday, its top executive said.“IKS is in the business of taking away or outsourcing chore tasks from healthcare providers in the US, so that they could focus on their core of taking care of patients…when you look at rural healthcare and RCM (revenue cycle management) within rural healthcare, TrueBridge is the largest player by far,” IKS Health founder and global chief executive officer (CEO) Sachin Gupta told Mint in an interview. “In the rural healthcare market segment, once we combine effectively with TrueBridge, we will be the undisputed leader,” he added.A healthcare outsourcer, like IKS, handles the administrative, clinical and operational tasks, including billing, clinical documentation, and insurance claims processing.On Thursday, IKS Health announced the acquisition of US-based TruBridge Inc, a Nasdaq-listed provider of healthcare technology solutions for rural and community hospitals, for up to $565 million.

Subscribe to enjoy similar stories.New Delhi: India’s early and intense summer is already pushing electricity demand towards the highest levels seen during peak summer last year, challenging the country's power system for the weeks ahead.Peak demand has risen to nearly 240 GW this week amid rising use of cooling appliances, up from about 215 GW end March, according to the Grid Controller of India. With the weather bureau warning of sustained above-normal temperatures, demand is seen rising further, raising the likelihood of new records this season.The record high power demand so far is 250 GW seen on 30 May, 2024.

Subscribe to enjoy similar stories.On Thursday, Tamil Nadu and West Bengal—two states with sharply different political rhythms—head to the polls. Tamil Nadu will vote in a single phase across all 234 seats, while West Bengal begins its first phase in 152 of 294 constituencies.Both contests will test the Bharatiya Janata Party’s (BJP) momentum: it has little presence in Tamil Nadu but poses a serious challenge to the Trinamool Congress (TMC) in West Bengal.Mint explores:West Bengal has a history of extended single-party/alliance rule. The state was governed by the Left Front, led by the Communist Party of India (Marxist), for 34 years before Mamata Banerjee’s rise ended that run in 2011.

Subscribe to enjoy similar stories.Warner Chappell Music (WCM), the global publishing arm of Warner Music Group (WMG), has launched direct operations in India, transitioning from its sub-publishing model to a full-scale, direct-to-market presence. The company said this would allow Indian artists to benefit from international collaborations, a global creative network, rights management infrastructure, and faster, more efficient licensing processes.Jay Mehta, who has served as managing director of Warner Music India since its 2020 launch, will lead the new division.In his expanded role as managing director, recorded music and publishing, India and SAARC at WMG, Mehta will oversee both recorded music and publishing operations across India and neighbouring South Asian markets.

Subscribe to enjoy similar stories.In equity markets, an acid test of new investors is how they respond when a crisis hits and the market crumbles. Do they rush for the door? Or, do they affirm their intention to be there for the long term? A mild form of that acid test roiled Indian markets, along with global ones, in March. The benchmark equity index, BSE Sensex, tumbled 11% that month alone.

Subscribe to enjoy similar stories.Bajaj Consumer Care Ltd made a striking recovery in FY26. Consolidated revenue increased 21% year-on-year to ₹1,165 crore, and Ebitda margin rose 575 basis points (bps) to 19%.Its growth portfolio, comprising products other than its flagship Almond Drops Hair Oil (ADHO), recorded annual sales of ₹225 crore, which the company aims to more than double to ₹500 crore over the next three years.The core Bajaj ADHO brand recorded revenue growth of more than 20% for the full year.

Subscribe to enjoy similar stories.Big banks in America have ridden a dealmaking boom that has helped drive demand for corporate loans and pulled record-breaking fees from the wild swings in financial markets. But the most surprising and intriguing news so far in the past week’s earnings parade of the US financial sector was the diverging fortunes of bond traders at Goldman Sachs and JPMorgan Chase.The war in the West Asia has created a huge amount of uncertainty since the American and Israeli attacks on Iran began at the end of February, but mergers and acquisitions still got done and US commercial and industrial loans jumped by the most in more than three years.

Subscribe to enjoy similar stories.There is a particular kind of Indian investor I have come to admire over the years—disciplined, patient, and largely immune to fads. They began a few SIPs decades ago, quietly added to them, never panicked during crashes, and never chased the hot sector of the moment.They built real wealth—not through brilliance, but through consistency and time. Their family will be materially better off because of what they did.And yet, when such a person dies, what often follows is a scene their careful investing was never meant to produce.A spouse who knows money exists somewhere but cannot say where.

Subscribe to enjoy similar stories.Bengaluru: Organized jewellers are pushing lightweight designs, price-lock schemes and new launches amid volatile gold prices ahead of Akshaya Tritiya.The push comes amid sharp volatility in gold prices following the West Asia war, weighing on entry-level demand. Prices have swung widely over the past three months—from a record ₹1.75 lakh per 10gm in January to about ₹1.31 lakh in March, with intermittent rebounds and intraday drops of up to 5%.Akshaya Tritiya, which will be celebrated on Sunday, 19 April, isconsidered auspicious for buying gold.

Subscribe to enjoy similar stories.SAN FRANCISCO—Months before his arrest for allegedly attempting to murder the chief executive of OpenAI, Daniel Moreno-Gama suggested “Luigi’ing some tech CEOs” in an internet chat.The Texas college student casually referenced Luigi Mangione, the accused UnitedHealthcare CEO killer, during an online conversation with producers of “The Last Invention” podcast, according to screenshots shared with The Wall Street Journal. They wanted to interview him for a series on artificial intelligence.In January, Moreno-Gama recorded the interview, detailing his path from curious internet nerd to a crusader obsessed with AI’s dangers.

Subscribe to enjoy similar stories.MUMBAI: Foreign portfolio investors (FPIs) pulled out a record ₹1.8 trillion from Indian equities in FY26, according to data Centre for Monitoring Indian Economy (CMIE), but the headline outflow masks a more targeted shift. Rather than a broad exit, investors pared exposure to IT, defensives and parts of consumption, while selectively adding to sectors tied to India’s capital expenditure cycle.A Mint analysis of sectoral flows shows that even as overall selling remained elevated, capital moved towards capital goods, telecom, and metals, signalling a narrower, conviction-led allocation rather than a wholesale retreat from the market.

Subscribe to enjoy similar stories.President Trump is pitching a U.S. naval blockade of the Strait of Hormuz as an opportunity for American oil-and-gas exporters. The squeeze on supplies is a bad omen for prices at the pump.The U.S.

The El Niño phenomenon could result in one of the driest monsoons in India in at least eight years.Private forecaster Skymet has predicted: the rainfall is likely to be 94% of the long-period average (LPA), or below-normal. While the predictions are in line with broader expectations of low rainfall, Skymet is known for giving more conservative predictions than the official India Meteorological Department (IMD).Both agencies fail to predict the intensity of rainfall accurately more often than not, but Skymet’s track record has worsened in recent years.

India is set to more than double its export quotas for wheat, including for its flour products atta and maida, two people aware of the decision said. The move was cleared recently by a top panel monitoring supply of essentials amid the West Asia war, they said.

Farmers have been forced to pause harvesting and the moisture content in the standing crop has increased, making it unsuitable for immediate procurement. The slowdown has led to lower-than-usual arrivals in the wholesale markets, affecting early procurement by government agencies.According to Food Corporation of India (FCI) data, the government’s wheat purchase from farmers in the 2026-27 rabi marketing season (April–June) was 324,065 tonnes as of 8 April, compared to 398,030 tonnes a year ago.

₹500/tonne and ₹450/tonne to ₹5,300 and ₹4,500, respectively, barely a month after increases ₹100 and ₹50 implemented on 6 March.Markets cheered the move, interpreting it as a signal that pricing power may be returning to the ferrous cycle amid strong domestic steel demand and firm global prices.Morgan Stanley also flagged restocking activity amid rising prices. Seaborne iron-ore prices have risen about 8% since the end of February, partly aided by the West Asia war.Interestingly, brokers are divided over how profitability turned out for NMDC during Q4FY26, with Nuvama Institutional Equities estimating a 5% reduction in Ebitda per tonne, while Kotak Institutional Equities expects an 11% year-on-year increase in the metric.Against this backdrop, the latest price hike is a welcome relief, sending shares soaring this week.

₹2,010.44 crore at the end of October 2025 (when Amfi released SIF numbers after first launch in September) to ₹9,710.87 crore at the end of February.These will also give sophisticated investors a variety of options in the category, which was dominated by hybrid long-short strategies that use equities, debt, and derivatives to balance risk and returns during the initial phase.Unlike a mutual fund that takes only long positions—buying and holding stocks to benefit when prices rise—SIFs can employ both long and short strategies. In other words, SIFs are not dependent only on upward market movement and can also generate returns in a bearish market.

Three words uttered from Mission Control to Reid Wiseman, commander of Artemis II, perfectly capture the groundswell of emotion many of us have experienced over the past week as a team of astronauts flew beyond the previous reaches of human space travel: “Amaze. Amaze. Amaze.”That line, borrowed from the hero of the science-fiction blockbuster Project Hail Mary, came as Wiseman took in, for the first time, the full majestic scale of the moon.

Stock market recap: The markets opened with a sharp gap-up and closed significantly higher on Wednesday, owing to a two-week ceasefire between the United States and Iran. The geopolitical de-escalation triggered a sharp 14% decline in the price of crude oil, which fell below $95 a barrel, easing inflation concerns and improving India’s macro outlook.Domestic sentiment was further bolstered by the RBI Monetary Policy Committee’s decision to maintain the repo rate at 5.25%, ensuring policy stability.

TA Associates at an enterprise value of roughly $1.2 billion. However, the sale fell through.“The deal is in initial stages.

Mint. “Disruption means there's been a certain particular specification of vehicles the manufacturer is not able to give us.”Vigneswar, however, said consumer purchasing decisions remain unaffected, though dealers are urging customers to expedite purchases amid concerns over potential production disruptions.“We've been telling customers, please come and pick up your vehicles, because there could be a production issue.