Enterprise Financial News

Dear reader, as 2025, a year of global tumult and volatility, rolled by, Mint's reporters and columnists looked 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] Delhi: India Inc’s push from low-value, high-volume electronics assemblies to designing and selling high-margin electronics components is expected to pick up pace this year.

₹1,000 crore ($111 million), said two people in the know of the developments.An announcement is expected on Monday."The deal value for the acquisition is around ₹1,000 crore. With the slew of fresh acquisitions, Inox Clean may soon file a fresh DRHP (draft red herring prospectus) for its public listing," said one of the two people mentioned above.Mint had earlier reported that SHV Energy has appointed BNP Paribas to sell the solar energy assets of SunSource Energy in a deal having an equity value of around $100 million.

The share prices of domestic steel producers have risen by 4-6% since 30 December after the finance ministry notified the extension of safeguard duty imposition on steel imports, as per the recommendation of the director general of trade remedies. The big gainers here are JSW Steel Ltd and Jindal Steel Ltd (formerly Jindal Steel & Power Ltd), which increased 6%.The duty would be levied for three years on most grades of flat steel products at 12% for the first year, 11.5% for the second and 11% for the third year.

₹37 trillion. Also, only 66 of the 291 operational central PSUs were listed on India's stock exchanges.The listed companies had a market capitalization of ₹38.57 trillion as of 31 March 2025, according to the department of public sector enterprises.Panda said that the 22-member parliamentary panel plans to review close to two dozen public sector enterprises by the end of its current term, compared to four in the last year of the previous Lok Sabha. COPU, comprising 15 Lok Sabha members and seven Rajya Sabha members, is reconstituted every year.The current 18th Lok Sabha has a five-year tenure that began in June 2024.Panda said that the committee, in its first year—August 2024 to April 2025—under his chairmanship in the current Lok Sabha delivered 12 reports, a three-fold increase from the reports presented in the panel's last year in the previous Lok Sabha.

₹8,000 crore, with assets surpassing ₹9,000 crore across 55 plants across India, Thailand, Indonesia, Malaysia, the Philippines, and Egypt.Often seen in impeccably tailored suits, he possessed a quiet, scholarly gravitas, though his interests spanned flying and painting. In his definitive biography of Birla, author Minhaz Merchant captures the essence of a man who managed to be both a “soft-spoken, sensitive individual” and a “hard-driving, visionary industrialist”.This refinement was anchored by a fierce sense of national pride.

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] volume at the growth stage and private equity level, in the $30-100 million range, has increased from last year, even as the number of mega deals (greater than $100 million) in the Indian market has decreased.

The number of small businesses going public grew at a slower pace this year as stringent regulatory requirements to curb frenzy and unfavourable macroeconomic conditions dampened issuances.The number of initial public offerings (IPOs) on the small and medium enterprises (SME) platforms grew 12.5% so far this year compared with a 31% surge in 2024, according to a report from Pantomath Capital Advisors.The Securities and Exchange Board of India's (Sebi's) regulatory curbs significantly contributed to the slowdown by tightening eligibility, governance, and fund-use norms starting late 2024 and into 2025, said Jay Jhaveri, partner at Bhuta Shah and Co. LLP.

Mint, more than half of SMEs lack access to affordable finance, real-time climate information and insurance products, forcing many to treat resilience spending as discretionary.The findings come as businesses worldwide face rising risks from natural disasters, with climate change intensifying extreme weather and geological events. There are an estimated 358 million SMEs globally.SMEs are often the worst-affected by climate disasters and the least equipped to recover.

Mint examines what lies ahead for AI in India in the coming year.In a way, yes. India will host the next global AI summit, scheduled for 15 February in New Delhi.

Write to Tae Kim at [email protected] all the Technology News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.

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 telecom sector moves into 2026, the stage is set for major, high-stakes developments.

₹2,000-crore technology upgradation scheme for small businesses in the 2026-27 budget, aimed at boosting the adoption of energy-efficient machinery, two people aware of the development said.The technology upgradation scheme, proposed by the Union ministry of micro, small, and medium enterprises (MSME), and currently under discussion, will cover MSMEs with annual turnover of less than ₹50 crore, offering them a 20% capital subsidy for purchase of energy-efficient machinery, smart manufacturing, and automation upgrades, said the first of the two persons cited earlier, both of whom spoke on the condition of anonymity.A micro enterprise has an annual turnover of up to ₹5 crore, a small enterprise up to ₹50 crore, and a medium enterprise up to ₹500 crore.The plan comes amid several countries introducing their own carbon taxes on imports from nations with weaker climate regulations. The European Union’s Carbon Border Adjustment Mechanism (CBAM) comes into effect from 1 January.

₹10,300 crore ($1.15 billion) for supplying subsidized chips to startups or research centres for developing AI platforms that exclude the Western biases of existing models.This puny outlay, compared with other sovereign budgets (such as France’s $117 billion), is predicated on the hope of private capital pitching in.That might be slightly problematic, given India Inc’s reluctance to invest; a survey by EY India and Confederation of Indian Industry shows that over 95% of enterprises have earmarked less than 20% of their infotech budgets for AI.But the government’s year-end guidelines reveal an indulgent attitude towards the private sector in the name of innovation that may tempt many Indian companies to use artificial intelligence for shirking their after-sales service responsibilities. Many banks and consumer-facing companies have already replaced a human voice with under-developed, inefficient and untrained AI bots.

Artificial intelligence has emerged as the fastest-growing segment for large IT services companies, but with a twist. Experts and industry leaders both say that the red-hot technology is not materially expanding revenues, instead improving efficiency while cannibalising current revenue visibility.For Accenture Plc, the world’s biggest IT services company, advanced AI revenue more than doubled year-on-year (y-o-y) to $1.1 billion, against a 5.95% y-o-y rise in quarterly revenue of $18.74 billion in the September-November quarter.

Subscribe to enjoy similar stories. Mumbai: Maharashtra State Electricity Distribution Company Ltd (MSEDCL) will restructure its operations to manage debt and enhance its appeal to investors ahead of its planned public listing next fiscal year, its top official said. Also called Mahavitaran, the state government-owned power distributor will be split into two entities, with one taking over electricity supply to the farm sector along with ₹75,000 crore in outstanding dues from farmers, Lokesh Chandra, the chairman and managing director of MSEDCL, said.

HCL Technologies Ltd announced acquisitions for $400 million in the past week, the most spent on such transactions in three years, to strengthen its AI and data offerings for customers increasingly adopting automation.India’s third-largest IT services company said on Monday that it would spend more than $240 million to buy Jaspersoft, a US data analytics company. That day, HCL also said it would buy Wobby BV, a Belgian startup that provides AI agents for data analysis purposes.The company’s acquisition spree started on 18 December, when it said it would purchase the Telco Solutions business of Hewlett Packard Enterprise for $160 million.

Following the release of two discussion papers by India’s ministry of statistics outlining proposed methodological changes for the upcoming base-year revision of national accounts, there has been a renewed focus on our methodology for the GDP revision. The new base year will be 2022-23 and the revised series is scheduled for release in early 2026.

Subscribe to enjoy similar stories. NEW DELHI : The Union government is planning an equity infusion of ₹30,000 crore in India’s sovereign wealth fund, according to two people familiar with the development, signalling a continued focus on infrastructure development that has bolstered economic growth. A note has been circulated for the consideration of the Expenditure Finance Committee (EFC) regarding the injection of capital into the National Investment and Infrastructure Fund (NIIF), according to the people quoted earlier, who spoke on the condition of anonymity.

₹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.

Subscribe to enjoy similar stories. New Delhi: The proposed overhaul of India’s Insolvency and Bankruptcy Code (IBC) is a game-changer that will cut the time taken to rehabilitate struggling corporations by half and dramatically step up recoveries, according to Baijayant Panda, chairperson of the Lok Sabha select committee that reviewed the IBC (Amendments) Bill 2025.

Subscribe to enjoy similar stories. NEW DELHI : New Delhi: Inox Clean Energy Ltd has signed an agreement to acquire Macquarie Group’s renewable energy platform Vibrant Energy, in a transaction valued at an enterprise value of $600 million and an equity value of $200 million, according to two people aware of the development. The deal was announced by Inox Clean, a part of the INOXGFL Group, on Sunday.