Reports Financial News
21.01 / 08:03
markets
wellness
Healthcare
stage
hospital
reports
patient
InvAscent-backed Ankura Hospitals may raise ₹400-500 crore, appoints banker
Subscribe to enjoy similar stories. Mumbai: InvAscent-backed Ankura Hospitals has kickstarted a fundraising process to raise ₹400-500 crore in a mix of primary and secondary transactions, three people familiar with the matter said. The Hyderabad-based company has appointed Alvarez & Marsal as an advisor to facilitate the capital raise, and the deal is expected to be launched in the coming weeks, the people said.
21.01 / 06:35
Citizens
Waters
Death
social
information
reports
prevention
Greater Noida tragedy: It was state apathy, not a road accident, that took a young professional’s life
Subscribe to enjoy similar stories. On a foggy winter night in Greater Noida, 27-year-old Yuvraj Mehta did not die instantly. He did not vanish without warning.
21.01 / 03:39
COST
Waters
Aware
security
Trade
reports
Two years on, telecom regulator still can’t own its head office
Subscribe to enjoy similar stories. For a regulator tasked with overseeing one of India’s most critical infrastructure sectors, operating from an office it does not legally own is an unusual predicament. Nearly two years after the Telecom Regulatory Authority of India (Trai) moved into its new headquarters at the World Trade Centre in New Delhi's Nauroji Nagar, the premises are yet to be registered in its name, with the process stuck over a missing no-objection certificate from the ministry of housing and urban affairs, three officials aware of the matter said.
21.01 / 03:39
markets
SUN
track
reports
medicines
Pharmaceuticals
Why Sun Pharma’s hefty bid for Organon has divided investors
Subscribe to enjoy similar stories. India’s largest drugmaker Sun Pharma is reportedly bidding for American pharmaceutical company Organon in a deal that could potentially be worth $10 billion, which would make it the largest overseas acquisition by an Indian pharma company. The drugmaker has secured $10–14 billion in temporary ‘bridge loans’ to fund the move.
21.01 / 02:23
UPS
Action
President
reports
Department
Nuclear oversight: Should India’s ministry of power take charge of nuclear energy? Assign with care
Subscribe to enjoy similar stories. It has been reported that India’s power ministry wants the development of nuclear power projects brought under its ambit. This might ring alarm bells in some quarters, given that this form of energy has always been under the Department of Atomic Energy’s (DAE) supervision and nuclear safety requires specialized regulation that may be beyond the power ministry’s ken.
21.01 / 00:25
COST
UPS
Analysis
Sustainability
Cycling
show
reports
Early Q3 earnings show costs overtaking revenues, flipping the profit cycle
Subscribe to enjoy similar stories. India Inc. may have finally found its revenue footing in the December quarter after a year of sluggish demand.
20.01 / 11:05
markets
COST
UPS
performer
reports
Can the silver rally continue to mask Hindustan Zinc’s production problem?
Subscribe to enjoy similar stories. Hindustan Zinc Ltd (HZL) shares have gained over 4% since the company reported a notable improvement in its financials for the December quarter (Q3FY26) on Monday. Consolidated revenue and Ebitda grew by 27% and 35% year-on-year to ₹11,000 crore and ₹6,054 crore, respectively.
20.01 / 09:39
markets
UPS
FIVE
CEO
Trade
reports
CEO rallies evaporate in a flash as investors punish Wipro and LTIMindtree amid IT slump
Subscribe to enjoy similar stories. In less than two trading sessions, investors of Wipro Ltd have wiped out almost 90% of the stock’s gains since its new chief executive Srinivas Pallia took over in April 2024. Over the same period, shares of LTIMindtree have lost over 25% of their gains since CEO Venu Lambu took over at the end of May 2025.
20.01 / 09:39
COST
UPS
Digital
Deloitte
wellness
President
reports
Greenko founders-backed AM Green to invest $25 billion for 1 GW AI data centre in Uttar Pradesh
Subscribe to enjoy similar stories. New Delhi: AM Green Group, owned by Greenko founders Anil Kumar Chalamalasetty and Mahesh Kolli, plan to set up a 1 gigawatt data centre in Uttar Pradesh with an investment of about $25 billion, said four people aware of the developments. The company has signed an agreement with the InvestUP, the investment-focussed agency of the government of Uttar Pradesh.
20.01 / 08:39
COST
economy
Trade
country
reports
International
America should not push other countries to adopt the dollar
Subscribe to enjoy similar stories. When DONALD TRUMP returned to the White House there was widespread fear that his administration would seek to undermine the international role of the dollar. Today that seems like a distant memory.
20.01 / 06:25
CEO
Platform
Tesla
Cycling
stage
reports
Traffic
Tesla set to restart AI supercomputer project. Why Musk has changed his mind.
Subscribe to enjoy similar stories. Tesla is set to become the largest global maker of artificial-intelligence chips, according to CEO Elon Musk. As part of that effort it is restarting its AI supercomputer project to improve its self-driving and robotics technology.
20.01 / 04:53
Gap
Software
Trade
cover
electronic
reports
International
Mint Explainer: What RBI’s unified foreign exchange rules mean for India’s service exporters
Subscribe to enjoy similar stories. India’s foreign exchange rules governing trade have long evolved through a patchwork of regulations, circulars and banking practices, especially as services exports expanded rapidly alongside goods trade. That structure has now been reset.
20.01 / 02:33
20.01 / 02:33
markets
FIVE
Software
Enterprise
trends
reports
International
After Q3 beats, is Indian IT turning the corner?
Subscribe to enjoy similar stories. BENGALURU: India’s IT bellwethers may have beaten Street expectations in the December quarter (Q3FY26), but the relief looks fleeting. Even as earnings surprises lifted sentiment in the October-December period, four of India’s five largest IT services companies are now heading into the final quarter of FY26 (January-March) with weaker full-year trajectories than last year, underscoring how weak demand visibility remains for the country’s biggest software exporters.
20.01 / 00:37
COST
UPS
Gap
Bill
Cycling
reports
Decades-long reforms: How India's discoms returned to profits but have ₹7 trn of cumulative debt to deal with
Subscribe to enjoy similar stories. New Delhi: India's power distribution sector which has been reeling under high debt and operational losses for several years returned to profits in fiscal 2025. In FY25, distribution utility companies, collectively called discoms, reported a net profit of ₹2,701 crore compared to a loss of ₹25,553 crore in the year before, according to data recently released by the power ministry.
20.01 / 00:37
Provident
FIVE
Manufacturing
security
Sustainability
Enterprise
reports
Centre weighs scaling up MSME Champions Scheme outlay ninefold to ₹10,000 crore
Subscribe to enjoy similar stories. New Delhi: The Centre is planning a steep increase in the financial outlay of its MSME Champions Scheme to around ₹10,000 crore for the next five years, according to two officials aware of the development, amid efforts to push cleaner manufacturing, exports, and global competitiveness among small businesses.
20.01 / 00:37
Provident
FIVE
Platform
Sustainability
Bill
electronic
reports
Far from crash, talk on AI ‘just getting started’ in India: Netweb CMD
Subscribe to enjoy similar stories. New Delhi: Netweb Technologies, the youngest of India’s technology companies to have gone public, is banking on sustained demand for homegrown artificial intelligence (AI) tools, platforms and applications to sustain strong growth over the next three to five years, a top company executive told Mint on Monday. In an interview, Sanjay Lodha, chairman and managing director of Netweb, said demand for AI “is far from facing a crash—in fact, in India, the conversations are just getting started." “We are seeing a lot of clients talk about AI spending, and it is only in the past few months that India has begun seriously spending on AI infrastructure and services," Lodha told Mint.
19.01 / 07:41
markets
COST
UPS
Platform
Qualcomm
band
reports
Shadowfox vs Delhivery: Fast growth, early profits—and a concentration risk investors can’t ignore
Subscribe to enjoy similar stories. Shadowfox is scaling rapidly, improving margins, and entering the market at a sharp discount to listed peer Delhivery. But its investment case is complicated by heavy client concentration.
19.01 / 06:49
COST
Highways
track
reports
Updates
Let India’s road-quality overhaul become the template for all infrastructure projects
Subscribe to enjoy similar stories. Public fury over India’s crumbling roads is no longer white noise; it’s a national reckoning. With nearly 35% of rural roads and 25% of urban roads in need of urgent repair, and 177,177 lives lost to road accidents in 2024, the outrage is justified.
19.01 / 02:33
markets
COST
trends
country
social
reports
Global ambitions, local lens: Niti Aayog’s state-level export preparedness report misses the big picture
Subscribe to enjoy similar stories. One characteristic of this era of social media, globally, has been an erosion in the credibility of expertise. Niti Aayog’s Export Preparedness Index 2024, a laborious attempt to measure how ready India’s different states are to generate exports, is not designed to counter that trend.
19.01 / 01:37
security
Coherent
Trade
President
European Commission
country
reports
politician
As divisions over Greenland grow, Europe examines its options
Subscribe to enjoy similar stories. IT WAS hardly the first time since Donald Trump’s inauguration last year that Europeans have been outraged by America. But the anger at the weekend, after America’s president threatened to impose a 10% tariff rate on eight European countries that had dared to send a few troops to Greenland, felt more determined than before.
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