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Mint.The shift began last year, when the firm sold its majority stake in human resources tech and services player PeopleStrong to the private equity arm of investment banking giant Goldman Sachs. The Mumbai-based company had first invested in PeopleStrong in 2017 from its Fund II, which was sized at $555 million, according to private market data intelligence platform PitchBook.“We bought a services business and pretty much spent all the R&D dollars to really build the products business and make it successful,” said Gaur.The same year, the firm acquired a majority stake in digital engineering services QBurst in a $200 million deal, marking its first bet in the segment.

₹6,835 crore (about $735 million) from five foreign banks to fund its ₹91,000 crore semiconductor fabrication (fab) facility in Gujarat. The lenders have put conditions on ownership, branding and equity that reflect their reliance on the Tata Group’s credit profile and the tight financing terms shaping India’s chip manufacturing push, according to company filings and executives aware of the matter.The lenders have stipulated that the Tatas retain a 51% stake in TSML, the wholly owned subsidiary of the privately held Tata Electronics, and continue using the ‘Tata’ brand, according to documents filed with the ministry of corporate affairs.

cheque bounce and NPA matters, is not just a legal problem but an economic bottleneck.“The approach is to move from a litigation-heavy enforcement model to a resolution driven framework. Reducing pendency in cheque bounce cases means unlocking stuck money, easing pressure on banks, and improving credit circulation, each of which has a direct bearing on economic growth,” Said Gauhar Mirza, partner at law firm Saraf and Partners.A similar meeting was last held on 5 February 2026, during which discussions centred on measures to settle one-third of the total pending accident claim cases in tribunals and high courts across India.Emails sent to the finance ministry, IBA, General Insurance Council, MCPC and NALSA remained unanswered till press time.Abhishek Singhvi, senior advocate at the Supreme Court, and Rajya Sabha member, said, “India, with the best and the brightest in its legal ecosystem, and despite avant garde doctrines like basic structure and PIL (public interest litigation), suffers the ignominy of humongous arrears and five crore plus case pendency.

“These disconnected issues do not take away the confidence in private banks,” said Pratik Shah, partner and national leader, financial services, EY India.Shah’s optimism also stems from stronger regulatory guardrails. He said the regulatory review and oversight process has only got better and more robust over the last few years, and there have been cases where the regulator has not been shy about imposing fines or even shutting down businesses.“I think the environment around us is becoming more and more complex, and business risks are manifesting themselves in a different manner.

Keki Mistry, for a period of 90 days. So, we have 90 days for the board to undertake the process of examining the regulatory requirements for a part-time chairman. It is possible that if Mr.

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L&T, said in a press briefing on Saturday, the company’s first major status update since the US-Israel-Iran war broke out on 28 February.Most of the work suspension has been voluntary, he said, to ensure the safety of the company’s staff. At two sites, customers recommended temporarily halting work, he added.The company has not yet evacuated any staff from the region, but it is also not sending new people there from India at the moment, he said.

garment manufacturing—especially in the domestic market—has relied on company-defined specifications rather than nationally harmonized benchmarks.India’s shirt market, valued at over ₹39,000 crore and dominated by men’s wear (94%), is expanding steadily, with women’s segments growing at an 11% CAGR (compound annual growth rate), while the trouser market is also witnessing strong growth, driven by rising incomes and urbanization, and is projected to reach ₹78,480 crore by 2027.This assumes significance as India is a major exporter of shirts, with outbound shipments of men’s and boys’ shirts rising from $1.06 billion in FY24 to $1.08 billion in FY25, while exports of women’s shirts increased from $1.04 billion to $1.10 billion during the same period. Despite this, the new standards are unlikely to alter export volumes, as manufacturers will continue to follow the sizing and specification norms of importing countries, while ensuring compliance with BIS requirements for the domestic market.Similarly, exports of men’s trousers rose from $1 billion in FY24 to $1.12 billion in FY25, while women’s trousers saw a sharper increase from $2.84 billion to $3.10 billion during the same period, underscoring India’s strong presence in the global apparel trade.“A uniform standard will benefit exporters, as different buyers currently impose varying testing standards, increasing compliance costs.

French alcohol major Pernod Ricard recently appointed Debasree Dasgupta as chief marketing officer of its India arm. She moved back to the country from Sweden, where she was Pernod Ricard’s global vice-president and chief marketing officer for Absolut, the firm's vodka brand.This month, Pernod Ricard launched a brand new campaign for its premium whisky brand Blender’s Pride, featuring international runway models Avanti Nagrath, Kirandeep Chahal and Mahieka Sharma, aiming to cement the brand’s 20-year association with ‘success’ and fashion.How does this help Blender’s Pride maintain pole position in the competitive premium whiskey business? Edited excerpts:I landed very recently, in February this year, but I am extremely excited to come back to such a booming market.

Marvel, into spin-offs and cross-format storytelling across platforms.Industry experts say this is a capital-efficient way for IP owners to extend the universe and monetize catalogues without the production risk of large-scale formats. For new-age platforms such as those hosting micro-dramas, it accelerates adoption by new users without much marketing expense. “Taking a known IP into formats like audio or micro-drama is about unlocking new value from existing storytelling equity.

₹1,800 per month for a starting dose, which translates to ₹450 per week. While some of its competitors have launched injectable vials at lower prices, Alkem’s generic pen undercuts other pen devices launched on Saturday, which are in the range of ₹3,000-4,000 a month.“Affordable pricing will empower healthcare practitioners to offer the therapy to as many deserving patients as they feel,” Alkem's chief executive officer (CEO) Vikas Gupta told Mint in an interview.

Mint explains what the ruling means for companies and investors.In 2012, Moryo Industries raised about ₹15.87 crore from investors through preferential allotment to non-promoters. In its notice to shareholders, the company had stated that the funds would be used for capital expenditure, including the acquisition of companies, funding long-term working capital requirements, marketing, and setting up of offices abroad.

In the shadow of the Iran war, with crude hovering around $100 a barrel, the allure of a quick fix for energy inflation is understandable. But intervening directly in financial markets by taking a bearish short position in oil—which the US Treasury says it’s been discussing—is a terrible idea. Selling oil futures would be a desperate ploy, born of panic about rising US gasoline and diesel retail prices ahead of the midterm elections.

IBM closed the buyout of Confluent, a US-based data streaming company. At $11 billion, this is IBM’s second-largest acquisition in recent years, after the Red Hat buyout in 2019 for $34 billion. The deal is expected to help IBM boost Agentic AI capabilities.As companies shift from AI pilots to production, they struggle with fragmented data.

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₹1 trillion, highlighting a surge in leveraged stock buying even as risks loom large for retail investors.Data from the National Stock Exchange shows total outstanding funded stock positions across brokers have surpassed ₹1 trillion, reflecting how aggressively investors have embraced leveraged stock buying in recent years.The pitch is tempting: put in a fraction of the money, borrow the rest from your broker, and take a larger position in a stock you are bullish on. But the mechanics of margin trading facilities (MTF) carry risks that are easy to underestimate.MTF lets investors buy stocks by paying only part of the total transaction value upfront.

₹10 trillion in market capitalization vanished in a single session. Every one of the 30 Sensex stocks closed in the red. All 16 sectoral indices fell.

₹5,000 each to 13.1 million women under its Kalaignar Magalir Urimai Thogai (women’s rights grant) scheme. It already pays ₹1,000 per month under the scheme introduced in 2023.Rival All India Anna Dravida Munnetra Kazhakam (AIADMK) led by Edappadi Palaniswami has countered it with a promise to double the monthly grant and also pay up to ₹10,000 per family.

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