Updates Financial News

19.03 / 03:51
markets Booking Assurant wellness performer Updates Top three bluechip stocks in India
Bluechip stocks are shares of large, well-established companies with strong financial performance and a long history of stable earnings. These companies are usually industry leaders, have strong balance sheets, and often pay regular dividends to investors.Because of their size and reputation, bluechip stocks are considered relatively safer and less volatile than smaller or newer companies.
19.03 / 03:31
markets Maxim Enterprise Puzzle wellness reports Updates The puzzle of IDBI Bank’s stalled privatization: Just what exactly is holding this sell-off back?
It is unfortunate that India’s government has decided to call off the privatization of IDBI Bank for now, as reports indicate. The disappointment is that this decision was reportedly taken in response to poor investor interest—as seen in low bids for the 61% stake on offer to corporate bidders. There are many reasons behind the process of what we in India like to call ‘disinvestment,’ a euphemism coined as a political shield against critics.
19.03 / 00:37
UPS security students show reports Colleges Updates IIMs rush to secure LPG supplies as gas shortage begins to show up at campuses
The ripple effects of a disruption in cooking gas supply due to the West Asia conflict have begun to show up in India’s top management institutes, which house thousands of students and staff.While there is no uniform crisis across campuses, multiple Indian Institutes of Management (IIMs) told Mint they have taken precautionary steps over the past week as delays in LPG (liquefied petroleum gas) cylinder refills started affecting kitchen operations. Measures have ranged from trimming menus to securing supplies through local administrative support.“LPG crisis has been severe,” said Devashish Das Gupta, chairperson, student affairs, IIM Lucknow.
19.03 / 00:37
markets UPS Waves Manufacturing track Updates Solar power is all the rage, but something is troubling banks
clean energy ministry in December urging banks and other lenders to be cautious on financing new solar photovoltaic module manufacturing capacity. Adding to the sector’s woes is a preliminary 126% tariff recently imposed by the US, which threatens to choke off its primary export market and worsen an already growing domestic capacity glut.“We are now quite cautious on lending to this industry.
19.03 / 00:37
markets UPS Provident Entertainment information reports Updates Walt Disney’s Bengaluru centre triggers revenue risk for IT vendor Globant
Walt Disney Co.’s expected technology centre in Bengaluru raises questions over up to 9% of information technology (IT) outsourcer Globant S.A.’s revenue, underscoring a troubling shift in the software services sector as large clients bring back-end work in-house.The entertainment giant’s global capability centre (GCC) in Bengaluru will be “an integrated extension of global product and technology teams”, its spokesperson said in an emailed response to Mint. In January, the company behind Mickey Mouse and Peter Pan to Spider-Man reportedly leased 174,000 sq.
18.03 / 15:55
trends reports Updates Amid cooking gas crunch, govt to incentivize states for promoting PNG adoption
Mint earlier reported that India is in talks with Iranian authorities for safe passage for six LPG and four crude carriers through the Strait of Hormuz.Stay updated with the latest Trending, India , World and US news.
18.03 / 15:55
markets economy Updates What happens at the Fed if Kevin Warsh isn’t confirmed by May 15
Write to Nicole Goodkind at [email protected] all the Business News , Economy news , Breaking News Events andLatest News Updates on Live Mint. Download TheMint News App to get Daily Market Updates.
18.03 / 14:31
markets UPS Target performer rights Updates Nazara to buy two Spanish gaming firms for $340 million
Mint.The first tranche of 50% stake is payable in cash. Most of this amount will come from Nazara's reserves, Mittersain said."We are sitting on around $100 million cash right now, most of which will be meaningfully used up for acquiring the first 50% in Bluetile and BestPlay," he explained.
18.03 / 13:01
markets War Updates Investors should position for a longer Iran war. What to do now.
Email: [email protected] all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
18.03 / 12:19
markets COST NVIDIA AMD stage Updates Mint Explainer | Why Nvidia is rewriting its trillion-dollar AI playbook
Mint explains.Nvidia launched a new generation of its Vera Rubin chips, and an all-new Nvidia Groq 3 chip—designed after it signed a $20-billion partnership deal with the founder of Google’s custom chip.These focus on power efficiency, thereby significantly reducing the cost of AI. Huang referred to ‘inferencing’ or the cost of running AI, which he said will fall drastically when these new chips hit data centres in three years.The new chips, for the first time, took the spotlight away from building AI and onto running it, suggesting that Nvidia sees AI at a stage of mass adoption.Training AI is becoming templatized, while running AI will bring the bulk of the demand for specialized chips.
18.03 / 11:29
markets Updates Nvidia’s next act will be its biggest—and toughest
Write to Dan Gallagher at [email protected] all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
18.03 / 11:29
markets UPS Hyundai War country Updates BYD eyes double-digit growth in India as it pushes for local certification
BYD sells four electric vehicle models in India—eMax 7, Atto 3, Sealion 7, and Seal. The first two models are homologated in India, thus there is no limit to their imports in the country.In 2025, its sales grew 88% to 5,402 units, as per data from the Federation of Automobile Dealers Associations (Fada).
18.03 / 11:29
markets COST pandemic rights Updates Mint Explainer: Why a rare exit penalty adds weight to upGrad’s Unacademy bid
The disclosure is significant as the proposed deal is a 100% share swap, meaning Unacademy’s investors may receive upGrad stock instead of immediate liquidity, with the valuation to be made public only at closing.Mint has learnt from people familiar with the matter that the break-fee clause will apply to both sides, though Mint could not independently verify the exact triggers in the term sheet.Mint explains what Screwvala’s public reference means for the proposed upGrad-Unacademy deal.Unacademy, founded in 2015, surged during the covid-19 pandemic to a $3.5 billion valuation in 2021, raising about $880 million from marquee investors to date. But the post-edtech-boom funding slump and Byju’s crisis hit the sector, weakening its position in talks with upGrad, which valued it at $300-400 million.
18.03 / 10:37
markets Updates Asian refiners lock in Russian crude early amid Middle East shortages
Write to Giulia Petroni at [email protected] all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
18.03 / 09:55
markets Target Platform security Trade reports Updates Eternal: Zomato turf intact, but Blinkit may face a new threat
Eternal Ltd’s stock fell for 18 consecutive sessions till Friday, losing nearly a quarter of its value to ₹216. It is rare for a Nifty50 index constituent to have such a long losing streak.It has recovered by about 11% to ₹242 over the last three trading sessions, probably after JM Financial Institutional Securities reiterated its target price on the stock at ₹400 with largely unchanged earnings estimates.
18.03 / 09:55
markets UPS Target Trade War country Updates Eichengreen: Geo-economic warriors should realize the perils of turning every edge into a weapon
In 1945, at World War II’s close, the economist Albert O. Hirschman published National Power and the Structure of Foreign Trade, in which he analyzed how nation-states shape trade patterns to their strategic advantage. The book sank like a stone.
18.03 / 09:55
markets Hollywood film Universities audience reports Updates Hiring #MeToo men as ‘distressed assets’ may help Paramount’s finances but it’s a myopic game to play
Hollywood is known for its short memory, but David Ellison has been testing the aphorism’s limits. Ellison, who merged his Skydance studio with Paramount seven months ago and is in the process of acquiring Warner Bros Discovery, has a payroll that includes several names lodged in the collective memory of observers for the wrong reasons.First, there’s Jeff Shell, president of Paramount Skydance, who was fired as CEO of NBC Universal in 2023 following an allegation of sexual harassment. Then there’s John Lasseter, Paramount’s head of animation, who left Walt Disney in 2018 after allegations of inappropriate behaviour.
18.03 / 08:05
UPS Manufacturing President country rock Updates Mint Explainer | Why India remains dependent on fertilizer imports
Mint explains.India is the world’s second-largest fertilizer consumer, but domestic supply hasn’t kept pace.The country imports about 60% of its diammonium phosphate (DAP) requirement and roughly 15% of its urea and nitrogen, phosphorus and potassium (NPK)-based fertilizer demand, along with intermediates such as rock phosphate, phosphoric acid and potash.Even urea relies on natural gas as feedstock, much of which is imported. This leaves domestic production exposed to global energy markets.“Domestic availability is limited for raw materials and intermediaries such as liquefied natural gas (LNG), phosphate rock and ammonia,” said Anand Kulkarni, director at Crisil Ratings.Analysts say this dependence is unlikely to ease without a shift in technology.
18.03 / 07:21
markets Provident Trade reports Updates Gail's valuation looks attractive, but West Asia conflict weighs
Gail (India) Ltd’s shares have declined about 12% since the conflict in West Asia began, hitting 52-week low of ₹144.50 on Monday. The Strait of Hormuz blockade and QatarEnergy's suspension of operations at its LNG plant would hit Gail’s transmission and marketing businesses.As per Elara Capital, the state-owned company transported 123 million standard cubic meter (mmscmd) of natural gas in 2025, and about 30% of it came from sources that pass through or are close to the Strait and are stalled currently.The marketing segment traded volume of 105 mmscmd in 2025, and its dependency is less at 16%, thanks to diversified contracts from the US, Russia, and Australia.
18.03 / 07:01
markets wellness Pride social patient Updates Relationships Pride in AI is a powerful force: It could result in doom without the oversight of collective wisdom
There is something remarkable about the best salespeople, something quiet. Not the loudest, not the most decorated, not the ones with the fanciest titles or biggest incentive payouts. The truly effective ones, if you spend enough time around them—in liquor distribution, IT services, pharmaceuticals, agricultural inputs, across every sector—you begin to notice a common thread that has nothing to do with technique or personality type.They have pride in their work.
18.03 / 06:37
markets UPS Updates International After a washed-out year, beer makers bet big on summer for FY27 growth
Mint, “We need to see how the weather holds up and how much it impacts consumption.”India’s beer market, which sold about 440 million cases in 2025, is expected to close FY26 with 4-5% growth despite a weak first half. The industry is now looking to FY27 for a more meaningful rebound, with volumes likely to reach 455-460 million cases if favourable weather persists, said Vinod Giri, director general of the Brewers Association of India.“Despite all the early setbacks in FY26, we should end the year in positive territory, around 3-4% growth.

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