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Srinivasan on 2 April. Notably, this was a day before Mistry sought a probe by the Maharashtra Charity Commissioner, highlighting the restrictive clauses. Mint has seen Sharma's letter to all 11 trustees of Tata Trusts where he sought to clarify his position.“I was also informed that Mr.

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.

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.

Aditya B Chatterjee is managing director at Equifax IndiaCatch all the Instant Personal Loan, Business Loan, Business News, Money news, Breaking News Events and Latest News Updates on Live Mint.

Mint explains what we know so far about the new variant, and how concerned you should be.The latest variant is a part of the Omicron strain that swept across the globe in late 2021. It was first detected in 2024 in South Africa but had remained dormant until now, causing it to be dubbed ‘cicada’ (after the insect that remains underground for long periods before suddenly emerging).It has an unusually large number of mutations in its spike protein compared to LP.8.1, the strain used as the basis for the 2025-26 vaccines.

Mint explains.In November last year, the department of telecommunications (DoT) directed messaging platforms, including WhatsApp, Telegram, Signal, Arattai, Snapchat, Sharechat, Jiochat, and Josh, to ensure their services remain linked to users’ SIM cards and phone numbers. Users without an active SIM would not be able to access these apps.

Every year, some of India’s largest industrial companies publish sustainability reports that are full of details on the number of trees planted, villages electrified and water bodies restored. And every year, the factories that made those reports possible continue to burn coal, run furnaces and emit carbon at rates that have barely changed in a decade. Both things are true.

The push is ambitious. State-run EESL is exploring interest-free EMI options, in talks with global lenders like the World Bank and ADB, to make induction cooking accessible for economically weaker households.

₹40,000-2.5 lakh range. Nearly 70% of the collection carries a sub- ₹2.5 lakh tag.India's jewelley demand remains anchored in weddings and festivals, but it's increasingly being reshaped by millennials, who are keen on lightweight designs, gemstone-led fusion pieces and craftsmanship.The company already offered coloured gemstone jewellery, largely rooted in traditional designs.

NEW DELHI: Oil prices have been on the boil since the war between the US, Israel and Iran broke out on 28 February. To ease supply concerns and prices of over $100 per barrel, the Organization of Petroleum Exporting Countries (OPEC) and its allies including Russia, together known as OPEC+, agreed to increase production in May.

Mint, he said crude prices have risen and that some energy infrastructure assets in West Asia have been affected by the war. Even if tensions ease, supplies are unlikely to return to pre-war levels soon, keeping prices elevated for longer.

IPO got allotted to me),” Yadav says about early 2024, even as other retail investors rushed in, mostly following influencers, not research. He stayed in the game through 2025, but with doubt creeping in. “Yeh investment band kar dena chahiye (I should stop this investment),” he admits.Yadav’s father, who quietly invested in mutual funds and SIPs, had steady gains—no frenzy, no swings, just consistency.

Mumbai: Adar Poonawalla-led Serum Institute of India Pvt. Ltd is in talks to partner with medical device maker Trivitron Healthcare to scale up its investment in MyLab Discovery Solutions Pvt.

Mint.Co-founder Mohal Lalbhai confirmed the fundraise, saying the company is in discussions with existing and new investors to support market expansion this financial year, but declined to comment on valuation. “We are currently in the process of raising around $50 million from existing and new investors as we look to grow our market presence over this financial year,” he said.The round is being led by existing investors, including Capital 2B, and Japan Airlines' JAL Innovation Fund, one of the two people quoted above said on the condition of anonymity.

Growth has been slow but steady, exactly opposite of the steady decline in the US market.Subway, like other fast-food joints, is a part of the quick service restaurant (QSR) industry, which is riding on the tailwinds of India’s growth story.India’s QSR industry is complex and varied, with entities ranging from small independent eating places (neighbourhood Udipi type hotels) to home-grown chains (Haldiram’s, Saravanaa Bhavan) to multinational franchises (Subway, McDonald’s). However, the organized QSR market is dominated by a few firms, which control global food brands and generate about ₹20,000 crore in revenue (2024-25 estimate).The top five companies are publicly listed, and recent press reports suggest that Subway may also be preparing for an initial public offering.

More than three weeks since the US President Donald Trump announced an investment by ‘Reliance’ in a new oil refinery in his country, a lack of clarity from both the Mukesh Ambani-led company and India’s two top stock exchanges on the subject has exposed gaps in India’s rumour verification rules, experts said.While some experts believe that Reliance Industries Ltd should have provided further clarity on whether it was investing in the US, others think the situation falls within the ‘grey area’ of the disclosure rules governing listed companies.However, experts say India’s two top stock exchanges–BSE Ltd and the National Stock Exchange–could have used their discretion to seek clarification from Reliance Industries on the subject, as they often do with other firms for matters of far less significance.Rumour verification is governed by Regulation 30(11) of the Securities and Exchange Board of India’s (SEBI) Listing Obligations and Disclosure Requirements, 2015 (LODR). The regulation was amended in 2024 to link verification to stock price movement rather than event materiality.For a stock priced above ₹200, such as Reliance Industries, the price movement threshold is 3% relative to the benchmark.

The US-Israel attack on Iran has profound implications for the long-term stability of the West Asian region, global geopolitics, energy security and global economics. The expanding nature of the conflict is spawning a long list of collateral damages, amplifying vulnerabilities wherever they exist.

The Central Vigilance Commission (CVC) has given a clean chit to nine whole-time directors (WTDs) of various public sector banks, saying there were no adverse findings against them, two people aware of the development told Mint.Those cleared include Nidhhu Saxena (MD & CEO, Bank of Maharashtra), Bhavendra Kumar (executive director, Canara Bank), Mahendra Dohare (executive director, Central Bank of India), Bijay Baran Singh (executive director, Indian Bank), Ravi Mehra (executive director, Punjab & Sind Bank), and Vijaykumar Nivruti Kamble (executive director, UCO Bank), one of the people cited above said.A second person added that Rajiv Mishra (executive director, Bank of India), Brajesh Kumar Singh (executive director, Indian Bank), and Dhanraj T (executive director, Indian Overseas Bank) had also received clearance from the CVC.The development is significant as it comes at a time when the government has tightened oversight of board-level appointments in public sector banks following recent lapses and controversies related to vigilance disclosures. The clearances are seen as a critical filtering exercise amid heightened scrutiny of senior appointments.The move also comes against the backdrop of an unusual and high-profile action last year, in which the Centre demoted Union Bank of India Executive Director Pankaj Dwivedi to general manager at Punjab & Sind Bank.

Silent compiler: Compile multi-file reports while you're in transit or between meetings.Inbox sentinel: Triage your inbox and flag urgent emails before your day begins.Recurring pilot: Run recurring tasks (like daily status reports) on a schedule, monitored from your phone.- A consultant heading into a client pitch realizes she hasn't fully prepped on a competitor.From her phone: "Check my /research folder and emails from our sector lead. Compile a 1-page snapshot and save to /Pitch-Prep."By the time she walks into the room, it's done.- An HR manager wrapping up back-to-back interviews needs three candidate briefing packs ready for tomorrow's final round.From her phone: "Pull the shortlisted CVs, generate interview questions based on the JD, attach the interview notes, and save one briefing doc per candidate to /Briefing-Packs."She's home by the time they're ready to share.Truly async: You assign the task and leave—Claude doesn't need you hovering.Your files, your machine: Local processing means sensitive data stays with you.One persistent thread: Your phone and desktop stay in sync—no switching apps, no copy-pasting between devices.Mint's ‘AI tool of the week’ is excerpted from Leslie D'Monte's weekly TechTalk newsletter. Subscribe to Mint's newsletters to get them directly in your email inbox.Note: The tools and analysis featured in this section demonstrated clear value based on our internal testing. Our recommendations are entirely independent and not influenced by the tool creators.Jaspreet Bindra is co-founder and CEO, and Anuj Magazine is co-founder, of AI&Beyond.Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.

Mint.Jio, which has over 500 million subscribers, told the Telecom Regulatory Authority of India (Trai) that it was in compliance with the regulator's guidelines, and the tariff plans offered are based on “intelligible criteria”, and cannot be treated as discriminatory.The service provider has been given time till 14 April to comply with two directions. First, Jio has to publish and make available all tariff offerings, including the three special tariff vouchers— ₹249, ₹199 and ₹209—at all its platforms such as retail stores, customer care centres, website and app.