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Subscribe to enjoy similar stories. Temasek-backed Unacademy is planning to shut down its centre business and convert it into a franchise model, founder Gaurav Munjal told employees. “Over the coming months, we will exit our company-operated centre business by converting them into franchise partnerships," Munjal said in an email to employees on 14 January.

Subscribe to enjoy similar stories. As people enter their 50s, financial priorities often undergo a quiet but decisive shift—from chasing returns to safeguarding what has already been built. With fewer working years left and retirement drawing closer, stability, liquidity and risk management take centre stage.

Subscribe to enjoy similar stories. The government may roll out incentive packages worth up to ₹23,000 crore in the Union Budget 2026 to boost domestic manufacturing of high-value capital goods and reduce dependence on imports, according to an Economic Times report. The schemes are currently under preparation and could be announced in the upcoming budget.

Subscribe to enjoy similar stories. Bengaluru: Almost a decade ago, Pranav Vempati knocked on the doors of nearly 40 venture capital (VC) firms, asking them to back a bet that would take years to pay off. Not one of them said yes.

Subscribe to enjoy similar stories. MUMBAI: Amagi Media Labs will open its ₹1,789 crore initial public offering (IPO) on 13 January, becoming one of the first companies to test public market appetite in 2026 with a business that is globally scaled—but difficult to price. The IPO comprises a ₹816 crore fresh issue and a ₹973 crore offer for sale.

Subscribe to enjoy similar stories. With five oil tankers seized—and more U.S. military action promised—the world’s fleet of so-called shadow tankers that ferry sanctioned crude are quickly hoisting a new flag: the Russian tricolor.

Subscribe to enjoy similar stories. Stock markets recap: Frontline indices, the Sensex and the Nifty 50, ended in negative territory for the fifth consecutive session on Friday, 9 January, as renewed concerns over US tariffs, caution ahead of the Q2 results season, and relentless foreign capital outflow continued to pressurise market sentiment. The Sensex crashed 605 points, or 0.72%, to end at 83,576.24, while the Nifty 50 declined 194 points, or 0.75%, to close at 25,683.30.

Subscribe to enjoy similar stories. The key hope from the Union Budget is that the government does not pursue aggressive fiscal tightening, according to the head of equity investments at Canara Robeco Asset Management Co. With demand weak, private capex subdued, and household incomes seeing limited growth, the government spending remains crucial, said Shridatta Bhandwaldar, chief investment officer-equities at the company.

Subscribe to enjoy similar stories. Stock market recap: Stock markets recap: Frontline indices, the Sensex and the Nifty 50, ended in negative territory for the fifth consecutive session on Friday, 9 January, as renewed concerns over US tariffs, caution ahead of the Q2 results season, and relentless foreign capital outflow continued to pressurise market sentiment. The Sensex crashed 605 points, or 0.72%, to end at 83,576.24, while the Nifty 50 declined 194 points, or 0.75%, to close at 25,683.30.

Subscribe to enjoy similar stories. New Delhi: India’s top electric bus manufacturers are gearing up for the government’s next mega tender of 6,230 electric buses, cumulatively valued at over ₹6,000 crore, to be deployed across five cities—Delhi, Mumbai, Pune, Ahmedabad and Hyderabad—according to tender documents released on 9 January. Delhi, grappling with severe air pollution, will get the largest allocation of 3,330 electric buses through this round of procurement, the tender document, reviewed by Mint, showed.

Subscribe to enjoy similar stories. President Donald Trump has pulled the US out of more than five dozen global organizations.

Subscribe to enjoy similar stories. On Wednesday, the same day that the National Statistics Office published its first advance estimate of GDP for 2025-26, the government announced that India’s long-overdue census will kick off on 1 April 2026. The coincidence is apt, even if unintended.

Insolvency and Bankruptcy Code (IBC), 2016, for insolvency resolution—work in tandem rather than at cross-purposes, while also seeking to harmonize debt recovery rules with other laws, the people added.“The annual financial statement may classify special situation funds (SSFs), a new class of alternative investment funds (AIFs), as financial institutions (FIs) for debt resolution, and give banks greater autonomy by removing the clause that requires borrowers’ approval to withdraw debt recovery proceedings,” the first of the two persons said.Additionally, the government may change the rules of the SARFAESI Act—Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act—to prevent the redemption of securities by borrowers once creditors have finalized the sale, the first person added.Redemption of securities has been a major contributor to the rising volume of litigation in DRTs. As of late 2025, around 178,000 cases were pending before 39 functional DRTs and five Debt Recovery Appellate Tribunals (DRATs) across the country.

₹6,000 crore through certificates of deposit (CDs) at a rate of 6%, a rare move by India’s largest lender, amid tight liquidity and mounting pressure on banks to mobilize deposits, five fixed-income traders told Mint.SBI’s presence in the CD market has raised eyebrows, traders said, as it signals growing difficulty among banks in raising deposits to fund rising credit demand.The funds were raised through CDs maturing in March 2026. Union Bank of India also raised ₹200 crore via May maturity paper at 6.45%, while Small Industries Development Bank of India raised ₹4,500 crore through one-year paper at 6.95%.Certificates of deposit are low-risk fixed-income instruments where investors deposit money for a specified period at a fixed interest rate—typically higher than savings accounts—in exchange for not withdrawing funds until maturity.SBI’s three-year CD issuance at 6% is around 90 basis points higher than the interest rate it offers on bulk deposits of 46–179 days, which stand at 5.1% for the public and 5.6% for senior citizens.“State Bank of India tapping the CD market, that’s rare, isn’t it? I think they came, so it kind of underscores the point that supply is quite robust in the shorter end and credit off-take is well but deposits are a challenge,” said Killol Pandya, fixed income head at JM Financial Asset Management.While the amount is not large relative to SBI’s balance sheet, the act of raising short-term funds itself is unusual, Pandya added.Emails sent to SBI and Union Bank of India did not receive responses until press time.SBI last raised funds through CDs in November 2024, when it borrowed ₹1,650 crore.

Millions of girls fall out of India’s education system after school, simply because there is no safe and affordable place for them to live near college. To plug this gap, the Centre is weighing a national programme to build girls’ hostels in districts with an outlay of about ₹10,000 crore in the upcoming Union budget, according to two government officials aware of the matter.The first official said, requesting anonymity, that the proposal envisages at least one dedicated hostel for girl students in each of India’s 806 districts over the next five years.The hostels will be standalone and not connected to any institution, and they will likely be built at district headquarters, near clusters of colleges and universities.

Coal India Ltd’s (CIL's) key subsidiary Bharat Coking Coal Ltd (BCCL) is set to launch the first mainboard initial public offering (IPO) of 2026, marking an important step in the government-owned miner’s long-planned monetization strategy.BCCL, incorporated in 1972, is India’s largest producer of coking coal and plays a strategic role in CIL’s portfolio. The company has an estimated 7.91 billion tonnes of reserves as of 1 April 2024, making it one of the country’s biggest holders of coking coal resources.

India’s metal sector is becoming increasingly important as the country sharpens its focuses on infrastructure, power, manufacturing, and clean energy. Metals such as zinc and copper are essential inputs across construction, electrification, renewables, and industrial production.Hindustan Zinc and Hindustan Copper stand out among the top metal stocks in India, though their businesses operate on very different scales and cycles.Today we compare these two metal stocks by examining their operations, financial performance, and risks to help your understand how each fits into India’s metal ecosystem.Hindustan Zinc, a subsidiary of the Vedanta Group, is the world’s largest integrated producer of zinc and also ranks among the top five silver producers globally.Over the years, the company has built a large-scale and cost-efficient mining and smelting ecosystem in India.

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.

New Delhi: The country’s second-largest battery manufacturer, Amara Raja Energy and Mobility Ltd, is betting on expansion in the US market as part of its bid to double the share of revenue from exports in the next five years.The Hyderabad-based auto ancillary firm is doubling down on building a local distribution network in the North American market to benefit from its edge in one of the advanced technologies in the lead acid battery industry to win incremental business at a time when tariffs in the US have brought uncertainty for Indian businesses, according to a top executive.“One of the most exciting opportunities, especially on the lead acid side, is building ourselves up in North America. That's where we see certain technology trends like a move towards AGM (Absorbent Glass Mat) batteries,” Harshavardhana Gourineni, executive director at Amara Raja, told Mint.“We're the only manufacturer in India that's supplying AGM batteries to the OEMs.

Mint analysis, this is the third straight quarter where brokerages have outlined sequential growth below 4%, signalling a tempered outlook. This follows efforts by companies to pursue new growth avenues.TCS and HCLTech release their December quarter earnings on 12 January, Infosys on 14 January, and Tech Mahindra on 16 January.

The authors are, respectively, head and senior fellow, Ashoka University Isaac Centre for Public Policy. Shubhangi Sahai contributed to the article. These are the authors’ personal views.Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.