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Sun Pharma, said that the industry has been taking tentative steps towards innovation. “People are making investments to create capacity within their organization to manage innovation, so that at a certain point of time, we can become an equally important player globally in terms of innovative products,” he said.“But I still don't see innovation at scale…We are very tentative in terms of that investment,” he said.

Write to Robbie Whelan at [email protected] and Meghan Bobrowsky at [email protected] all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint.

An unintended consequence of the brutal bear market in Bitcoin has been to focus the blockchain industry’s attention where it is most needed: real-world assets.Both institutional and individual investors want to progress beyond holding speculative cryptocurrencies or stable digital dollars with limited upside. They have ample demand for tokenized bonds, equities, funds, structured products and sovereign assets like the carbon sink in the mangroves and seagrasses of Seychelles.By distributing risks over small parcels, tokens can bring big-ticket investments like private equity, credit and expensive artwork to ordinary people. The rich can exploit the technology for estate planning.

Carlsberg AG, the Danish brewer, recently said it plans to list its India business on the domestic bourses. The move comes at a time when India’s beer market is benefiting from favourable regulatory shifts, growing retail access, and a potential cyclical recovery after a weak season. Yet, the market remains structurally spirits-dominated, intensely competitive, and heavily dependent on state-level excise policies.What explains the timing of the IPO, and how big are the opportunity and the risk? Mint explains.Chief executive Jacob Aarup-Andersen said in a February earnings call that the company is assessing an initial public offering (IPO) in India to “create shareholder value”.

Write to Rolfe Winkler 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.

The AI Impact Summit held last week brought many members of the global technology royalty to New Delhi. It also featured the launch of India’s first multi-billion parameter large language model, saw announcements of big investments in artificial intelligence (AI) infrastructure and ended with an international declaration on the need for democratic diffusion of AI. Venture capitalist Vinod Khosla set the cat among the pigeons by saying that AI may destroy the software services and business processing outsourcing businesses that are so important to the Indian economy.

investors may consider a loan against securities (LAS) to meet liquidity needs.Each of these strategies works differently and must align with your holding period, asset mix and financial objectives.Let us examine two specific strategies: tax-loss harvesting and using a loan against securities (LAS) instead of redeeming investments.Tax-loss harvesting tends to work best in volatile markets, particularly when indices correct sharply after a rally—as seen between October 2024 and February 2025. LAS, on the other hand, may be useful in rising markets when short-term liquidity is required, for example to exercise employee stock option plans (ESOPs).Consider Rajesh, an IT professional in his late 40s with a seven-year-old equity mutual fund portfolio.

India’s justice system is groaning under a crushing backlog. Nearly 48 million cases are pending in lower courts, while the Supreme Court alone has close to 90,000 unresolved matters. This does not include matters before tribunals and administrative bodies.

In his book Increasing Returns and Path Dependence in the Economy, economist W. Brian Arthur explains how institutional outcomes often persist not because they are efficient, but because early deviations alter the payoff structure of future choices. Once a sub-optimal equilibrium is reached, coordination effects and adaptive expectations lock it in.

The JSW Group, which acquired Akzo Nobel India Ltd last year, plans to plough the money that used to be paid as royalty for the Dulux brand back into its paints business and widen its market share.JSW Paints acquired the decorative paints business of Akzo Nobel India, which includes the popular Dulux brand, for ₹9,000 crore in June 2025. Earlier, 3% of the value of decorative paints sales was paid as royalty to its global parent for use of the brand, but that has now stopped.“In the month of June 2025, we acquired the decorative IP and the Dulux brand is now owned by Akzo Nobel India… So, the royalty ceased to exist, which translates to roughly around 60 crore to 65 crore rupees, depending on the revenue trajectory,” Krishna R, chief financial officer of Akzo Nobel India, said during a post-earnings interaction with analysts.

₹17,000 crore a month in 2024. At the same time, stoppage ratios remain high, often exceeding 50% during volatile periods. This suggests that while more investors are entering the system, many struggle to stay the course.

financial stability.Here’s how careful planning and a simple investment strategy can help you enjoy your sabbatical without constant money worries.“Every financial goal has a time horizon, which depends on personal circumstances and demographics. For example, when you plan to take a sabbatical, how much money you will need during that period to meet your expenses, and how long the sabbatical will last,” said Shantanu Awasthi, chief executive, wealth management firm Mavenark.Treat your sabbatical corpus as a ‘sinking fund’, a specific bucket accumulated specifically to be consumed like your emergency fund.

India’s long-held ambition to become a serious shipbuilding nation on par with giants such as China, South Korea, and Japan may finally get off the starting blocks in the second half of 2026, at a time when the Asian shipyards are packed with orders, with waiting periods stretching into several years.In the first instance of a global shipbuilding giant investing directly in core shipbuilding infrastructure in India, state-run Cochin Shipyard Limited (CSL) and South Korea’s HD Korea Shipbuilding and Offshore Engineering (HD KSOE)—part of the HD Hyundai Group—are in final stages of forming a joint venture to set up a $500-million manufacturing facility in Kochi, with both partners contributing equally.CSL’s chairman and managing director, Jose V.J. said a CSL team would visit South Korea this month to finalise the deal.

New Delhi: How much chicory is in your coffee? If you’re not sure or don’t care, you will get to know starting in July, when the percentage of chicory will be displayed quite prominently on coffee powder packs.India’s apex food regulator wants to ensure that customers are aware of the volume of chicory in their preferred brew, according to two government officials and a document reviewed by Mint.In a major overhaul for beverage labelling, the Food Safety and Standards Authority of India (FSSAI) has finalized a new mandate requiring ‘prominent declarations’ on the front of the pack so that blended coffee is not mistaken for 100% pure coffee. Also, the font sizes of these declarations must be proportionate to the logo dimensions, with a 1 July enforcement date.Chicory is a popular additive that provides a darker colour and an earthy taste to the beverage.

fintechs to market its mutual fund products.The company's move comes after a muted debut of its first equity scheme, the Jio BlackRock Flexicap Fund.Launched in October 2025, the Jio BlackRock Flexicap Fund's assets under management (AUM) stood at ₹2,613 crore at the end of January, compared with ₹2,808 crore of the Abakkus Flexicap Fund, launched in December 2025."For a name like Jio BlackRock, it should have seen a higher uptick in its flexicap fund. Trying to go purely direct in India, especially for a new AMC, might be difficult," said Srikanth Meenakshi, co-founder of mutual fund research platform Primeinevstor.In a 6 Septemberinterview with Mint, its chief executive, Sid Swaminathan, said people were becoming increasingly comfortable managing their finances digitally on their phones, and its partnership with Jio, which has access to that ecosystem, gave it a clear understanding that this is the direction it wants to pursue.

Write to Jonathan Weil 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.

The intraday price of gold hit an all-time high of $5,595 per troy ounce in late January, having nearly doubled within the span of a little over a year. On the same day, in rupee terms, gold of 24 Karat purity recorded a price of ₹183,000 per 10 grams, having risen 134% over the same period thanks to the combined effect of its price gain and the rupee’s depreciation. Silver, the metal’s younger sibling, sparkled almost as much during the same period.The sharp rise of gold and its moderate correction since has every investor asking what is going on.

The US Supreme Court’s decision to strike down President Donald Trump’s sweeping global tariffs is a wake-up call for Congress. If the legislative branch had been doing its job last year and hadn’t ceded its taxing power when the White House embarked on this unprecedented protectionist journey, perhaps we wouldn’t be in the mess we’re now in.But with its 6-3 ruling on 20 February, America’s top court not only reaffirmed the separation of powers but invited Congress to reassert itself as the branch with the power of the purse. Congress should get its act together and tell the president if he wants to keep his tariffs, he’ll need to work with them to do it.It could take a lot of persuasion.

Mint explains.In the past couple of years, many deeptechs founded in the mid- and late-2010s have turned commercially viable and revenue-generating. In manufacturing, aerospace and defence, many companies are preparing for launch, witnessing an influx of customers, or have gone public.Precision manufacturer Aequs went public last year, while deeptech manufacturer Sedemac’s initial public offering was approved by the markets regulator.

specialty chemicals and capital discipline.“We are not in that mood right now—just deleveraging,” Shroff said, almost matter-of-factly, when asked about fresh acquisitions.But analysts tracking the company are not sure yet.“Unresolved leverage concerns and post-restructuring dilution,” Nuvama Institutional Equities said in a note dated 22nd February, downgrading the stock to ‘hold’.The brokerage added that the exercise “keeps total debt similar even though redistributed between two entities”, with deleveraging contingent on future cash-flow generation. The backdrop to this reset is the bruising cycle that followed covid.

₹6,818 is what it cost me to increase our family health cover from ₹20 lakh to ₹5 crore using a top-up policy. We are in our mid-50s with two children in their 20s.This is, by a large margin, the most cost-effective way to increase your health cover.