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Bajaj Auto Ltd is crafting a turnaround for KTM, its biggest acquisition, to boost profitability even as it loses market share in its home market.Pune-based Bajaj Auto will look to discontinue smaller brands under KTM, rejig core operations and unlock synergies between the supply chains of Bajaj and KTM to reduce costs, according to management commentary during the earnings call and meetings with analysts.“After the KTM acquisition, Bajaj Auto would now focus on the restructuring of the core operations. They would also look to leverage synergy benefits in manufacturing operations, the supply chain, and the distribution network,” analysts at Motilal Oswal wrote in a 15 December note after meeting Bajaj Auto's leadership team.A revival plan for KTM is aimed at bolstering its premium offerings, as its exports remain profitable, while India’s fourth-largest two-wheeler maker’s domestic market share continues to decline.Bajaj Auto acquired struggling motorcycle maker KTM for about €800 million.

Mint unpacks how the store functions, whether Swiggy Instamart stands to gain meaningfully, and what this could mean for quick commerce.Swiggy Instamart did not respond to queries shared by Mint.Located in the upscale neighbourhood of M3M 65th Avenue of Gurugram, the store stands in the midst of a host of residential and commercial properties, including large housing complexes.At the outset, the store appears to be like any other department store—stocked with everyday products ranging from essentials such as pulses, fresh produce and grains to even nicotine products. Noice, Swiggy’s private label selling breads, paneer and snacks among other food items, also sits comfortably on the shelves.The store is run by PYD Retail Pvt Ltd, a seller that operates on Swiggy Instamart’s online app as well.

Subscribe to enjoy similar stories. Japan was a global bright spot in 2025. Despite much hand-wringing over its debt burden, it is likely to remain so in 2026.

Mint for a rare interview at his house near Mumbai’s Peddar Road—other residents in the area, also called the ‘billionaires row’, are Mukesh Ambani and Sajjan Jindal.Unlike the skyscrapers that dot the neighbourhood, Bangur’s home is a two-storeyed haveli called Mohini Mahal. Dressed in a fading lavender polo shirt and black, loose-fitting trousers, one would be forgiven for mistaking the septuagenarian businessman for a retired professor sharing his time-tested thesis with the three scribes. But under that mild demeanour hides one of the corporate sector’s shrewdest strategists.In a 90-minute conversation, Bangur spoke at length about his business philosophy and why Shree Cement—the third-largest cement maker by capacity in India—hasn’t joined the top two players in their inorganic expansion spree.

Subscribe to enjoy similar stories. NEW DELHI: Millions of CNG and domestic PNG users across India could pay less for gas as the Petroleum and Natural Gas Regulatory Board (PNGRB) simplifies transportation tariffs under its “One Nation, One Grid, One Tariff" vision. The regulator has reduced the number of tariff zones from three to two—up to 300 km and beyond 300 km—aiming to lower regional disparities and align natural gas pricing with competitive fuels such as liquefied petroleum gas (LPG), or cooking gas, and petrol.

MUMBAI: After spending nearly $10 billion over three years to build India’s second-largest cement business, the Adani Group is moving to simplify what has become a sprawling corporate structure.The board of Ambuja Cements Ltd, part of billionaire Gautam Adani’s conglomerate, late on Monday approved a plan to merge ACC Ltd and Orient Cement Ltd into Ambuja. Ambuja currently holds 50.05% in ACC and 72.66% in Orient.

Subscribe to enjoy similar stories. For years, battery storage sat on the fringes of India’s clean energy plans. Falling costs and a stronger policy push are now pulling it into the mainstream, setting off a fresh investment cycle in battery energy storage systems (BESS).

Cognizant Technology Solutions Corp and a former employee representing the US government are jointly approaching a US Court seeking review of a lower court order that mandates investigations into claims of non-payment of visa fees and related taxes to the US government.The move, depending on the outcome, could prevent a lengthy legal process and pave the way for a settlement.On 15 December, Cognizant and Jean-Claude Franchitti, formerly an assistant vice-president with the company acting as a whistleblower for the government, filed a joint motion to the United States Court of Appeals to do away with a New Jersey district court’s order from two years ago that permitted a court trial on claims of Cognizant’s alleged withholding of H-1B visa fees and taxes to the US. The motion has been reviewed by Mint.The genesis of the case goes back to 2023 when Franchitti, representing the US government, said Cognizant had knowingly concealed, misused, and brought employees to the US on other visas, thereby paying lower dues to the government.Franchitti said Cognizant applied for L-1 and B-1 visas for certain employees who did the work coming under the ambit of H-1B visa holders, thereby depriving the (US) government of higher filing fees required for H-1B visas.

Subscribe to enjoy similar stories. Dear reader, as 2025, a year of global tumult and volatility, rolls by, Mint's reporters and columnists look around the corner on what is coming in 2026—to help you know what to expect and prepare for it. Tell us what you think at [email protected]. Returns from investments are the best indicator of how various asset classes have performed.

Subscribe to enjoy similar stories. Dear reader, as 2025, a year of global tumult and volatility, rolls by, Mint's reporters and columnists look around the corner on what is coming in 2026—to help you know what to expect and prepare for it. Tell us what you think at [email protected]. The year 2025 marked a shift in how small taxpayers approach investments and tax planning.

With the passage of a law that not only opens the door for private participation in India’s nuclear power industry but also promotes it, the government hopes to meet its target of 100GW in generation capacity by 2047. Currently, it accounts for a mere 2% of our grid capacity, and given India’s demand projection for 2047 and the electricity required to meet it, that goal implies a share of 5% by then.

₹10,000 becomes ₹20,000. As per media reports, the 8th CPC may recommend the fitment factor of 1.92-2.86, largely in line with 1.86 recommended by the 6th CPC and 2.57 by the 7th CPC.While the pay increases add to the government's employee costs, recent trends show they have become less cumbersome.The central government spent ₹2.75 trillion on the pay and allowances of its regular civilian employees in FY23, accounting for 6.6% of the total budgetary expenditure.

Subscribe to enjoy similar stories. Dear reader, as 2025, a year of global tumult and volatility, rolls by, Mint's reporters and columnists look around the corner on what is coming in 2026—to help you know what to expect and prepare for it. Tell us what you think at [email protected]. India’s infrastructure sector is at an inflection point.

Subscribe to enjoy similar stories. India’s advertising market has undergone a decisive shift over the past year, with digital platforms emerging as the dominant growth engine while television advertising is losing momentum. Latest data from TAM AdEx shows a 149% surge in digital ad impressions from January to September 2025 compared to the same period last year.

Subscribe to enjoy similar stories. In India’s film industry, where timing drives both buzz and box-office, a single last-minute court order can upend an entire release cycle—an industry-wide risk underscored by the recent case of Akhanda 2. The last-minute postponement of Telugu actor Nandamuri Balakrishna’s action adventure film earlier this month, after a Madras High Court order put a stay on its screening following an appeal filed by Eros International Media Ltd, proves that theatrical films continue to fall prey to delays arising from prolonged legal disputes.

Subscribe to enjoy similar stories. Voltas Ltd’s FY26 is set to be a forgettable one. Consolidated revenue for the year is expected to decline.

Subscribe to enjoy similar stories. This year may go into the books as one marked by trade volatility, but 2026 may not be as calm as some investors hope. Trade concerns will linger in the new year, with the Supreme Court expected to rule in early 2026 on the legality of a swath of tariffs imposed by President Donald Trump in 2025.

Subscribe to enjoy similar stories. The Nifty IT index has risen around 10% over the past two months, driven by rupee depreciation and expectations of a recovery in discretionary technology demand. The December quarter (Q3FY26) is almost over, and collectively, the first three quarters of FY26 have shown no clear signs of easing in the earnings downgrades cycle of Indian IT services providers.

Subscribe to enjoy similar stories. Shareholders around the world have enjoyed another stellar year. Stockmarkets in America, Europe, India and Japan are set to finish 2025 at or near all-time highs, with some closing in on a third consecutive year of double-digit gains.

₹10 crore.In case of ‘genuine errors’ or delayed filings, the micro, small and medium enterprises (MSMEs) may first be issued a warning, and penalties could be waived for the first two such instances, said the first person mentioned above.Currently, under Section 47 of the CGST Act, a delay in filing GSTR-1, GSTR-3B, or GSTR-9 attracts a late fee, which increases daily until it reaches a maximum cap. An enterprise is also liable to pay interest at 18% per annum on the outstanding GST amount if the payment is delayed.India’s 73 million MSMEs contribute 30% to the GDP and 45% to the overall exports.