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Mint, referring to India's growth trajectory.However, the task now is to integrate the deep domestic liquidity in Mumbai with international participation at GIFT IFSC, he added.“In GIFT City today, participation is currently limited to a handful of players. The real opportunity lies in bringing these two pools of liquidity together.

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₹195.55 during Friday’s trading session. The decline reflects persistent weak growth: the company’s year-on-year revenue expansion has remained below 5% for eight consecutive quarters, and the absence of clear near-term triggers is weighing on investor sentiment.There is little immediate evidence of a sharp turnaround.

₹50 crore employee stock ownership plan (Esop) buyback, offering liquidity to employees at a time when the company’s valuation has fallen significantly below its 2021 peak.“Grateful to the Board for carving out a cash pool for the employees even though the valuation is significantly less than our last fundraise,” co-founder and chief executive Gaurav Munjal said in a post on X on Thursday.The buyback signals an attempt by the company to reward and retain talent after two years of turmoil owing to the founders’ plans to exit the firm.According to Munjal, eight employees will receive over ₹1 crore each under the programme, 17 will receive more than ₹50 lakh, and 38 more than ₹10 lakh.The company will reach out to employees over the coming weeks to facilitate participation, he added.Unacademy had earlier revised its Esop policy to require former employees to exercise vested stock options within 30 days of departure drawing criticism. The company subsequently reinstated its earlier policy, allowing former employees to exercise options for up to 10 years.The Temasek-backed firm has faced a difficult internal environment over the past two years.

Schaeffler India Ltd’s shares have risen over 7% after its consolidated Ebitda for the quarter ended December (Q4CY25) jumped 36% year-on-year to ₹506 crore, beating analysts’ estimates.The figure is adjusted for labour code impact. The automobile component manufacturing company’s earnings were supported by a relatively slower pace of growth in employee expenses and raw material costs, even though other expenses grew sharply by 44%.Plus, revenue growth was strong at 28% to ₹2,742 crore, aiding operating leverage and higher localisation, leading to lower import costs.The company follows a January to December financial year.

I recently asked Claude to help me think through the structure of my next book. I already knew where the weak point was—I just wanted to see what Claude would come up with. I was amazed by its response: Claude didn’t just correctly identify the problem.

₹144.51 crore, the latest escalation in a decade-long dispute with former promoter Kalanithi Maran and KAL Airways Pvt. Ltd.The case concerns enforcement of payment obligations arising from a 2018 arbitral award linked to the airline’s 2015 ownership transfer.

value investing. One key measure of profitability is Return on Equity (ROE), which shows how efficiently a company uses shareholders’ money to generate profits.In 2026, with valuations stretched in many sectors, looking for stocks with strong ROE and attractive prices can help investors target both growth and safety.We screened for companies with ROE around 20% or more and price-to-earnings ratios near 10. Here are three that stand out.

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mismanaging these trade-offs. Officials seem to deem almost any expense to be an acceptable price for security. Money is being spread wastefully thin, not focused where China’s grip is tightest, in refineries and smelters.

A surge in domestic and international travel by Indians has turned India’s direct-to-consumer (D2C) luggage sector into a magnet for venture capital investment over the past few years, even as legacy players struggle under their own weight.According to data from the tourism ministry’s India Tourism Data Compendium 2025, Indians recorded 2,948.19 million tourist visits in 2024, a 17.5% increase over the previous year, while overseas trips rose 10.8% to 30.89 million.A host of startups are looking to cash in on this boom. Uppercase, a digital-first luggage and travel gear maker based in Bengaluru, is in talks to raise about $20 million in a Series C round as it sharpens its plans for overseas expansion and accelerates its offline retail rollout, Sudip Ghose, the company's founder, said in an interview with Mint.

US President Donald Trump’s State of the Union address this week was quite predictable. His claim that this was “the golden age of America,” for example, was par for the course, given his excesses of rhetoric on fuzzy matters like greatness. What stood out was his defiance over his tariff policy just days after America’s apex court struck down his ‘reciprocal tariffs’.

₹50,000 and ₹2 lakh for courses on AI.“In 2025, the loans taken for educational courses was around ₹2 crore a month, of which 60% is for upskilling courses, largely AI-related. In 2026 January, the loan amount became ₹9 crore, and again 60% was taken for a tech-related upskilling course,” said Ankit Mehra, co-founder and chief executive officer (CEO) of GyanDhan, an NBFC specializing in education loans.Propelld, another NBFC in the segment,has noted how upskilling courses are getting tweaked to include more AI-related teaching that is expected to prepare candidates for a higher success rate.“Most of the programmes are redesigned and remarketed as AI programming.

₹1.31 trillion worth of net inflows over the past one year. While passive investing should be approached in the same disciplined way as any other form of investing, long-term wealth creation should be built around broad market indices rather than thematic passive funds, says Hemen Bhatia, executive director and chief executive officer of Angel One Asset Management Company.In an interview with Mint, the former member of the team at Benchmark AMC that pioneered passive investing in India shares insights into the nuances of investing in passive funds.

Write to Benoît Morenne 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.

Sebi eight years, but it got there.The portfolio overlap restriction on sectoral and thematic funds is equally welcome. No sectoral or thematic fund can now have more than 50% overlap with other equity schemes, computed quarterly from daily values. Existing schemes get three years to comply or merge.This addresses a growing problem: thematic funds barely distinguishable from diversified ones.

New Delhi: India is shifting its strategy for solar component manufacturing from sales-based production-linked incentives (PLI) to an upfront capex-based subsidy for wafers, ingots and polysilicon, according to Santosh Kumar Sarangi, secretary in the ministry of new and renewable energy (MNRE). The ministry is developing financial-support schemes for agri-photovoltaics, floating solar and bioenergy, Sarangi said in an interview.To address 43 GW of unsigned power agreements, representing a ₹2.1 trillion investment, implementation agencies such as Solar Energy Corp of India (SECI) are negotiating project cancellations for unviable sites and securing state commitments for others.