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Subscribe to enjoy similar stories. Kotak Mahindra Bank has built a reputation for taking long-term bets across a wide range of companies, including KFin Technologies, Pioneer Embroiderie, and Quadrant Televentures. But one investment stands apart, both for its timing and for what it has delivered over the years.

Subscribe to enjoy similar stories. At the end of every year, somewhere between buying presents and overeating, Americans usually turn charitable. But it seems fewer of them will give money away in 2025 than in years gone by.

Subscribe to enjoy similar stories. Indian stock markets: Domestic frontline indices, Sensex and Nifty 50, ended flat on Tuesday, 23 December, on profit booking at higher levels, even as mid and small-cap segments ended with modest gains amid mixed global cues. The Sensex ended with a minor loss of 43 points, or 0.05%, at 85,524.84, while the Nifty 50 closed 5 points, or 0.02%, up at 26,177.15.

Subscribe to enjoy similar stories. Stock market recap: Frontline indices, Sensex and the Nifty 50, ended flat on Tuesday, 23 December, on profit booking at higher levels, even as mid and small-cap segments ended with modest gains amid mixed global cues. The Sensex ended with a minor loss of 43 points, or 0.05%, at 85,524.84, while the Nifty 50 closed 5 points, or 0.02%, up at 26,177.15.

₹2,000 crore over the next three years to expand its battery recycling and critical minerals refining capacity, said co-founder and CEO Nitin Gupta.The company aims to scale up its rare earth recovery and recycling capacity in India to 100 tonne per day, from the current 1 tonne."Our (lithium ion) battery recycling capacity will increase to almost 300,000 tonne per annum from the current 17,000 tonne, almost 15 times the expansion," he said.Attero currently recovers rare earth elements from used permanent magnets and exports its recycled rare earth products. It recovers minerals such as neodymium and seramium that find end use in the permanent magnets in automotive and defence sectors.At a time when India is exploring ways to become self-reliant in critical minerals used in batteries, renewable energy components, defence and IT equipment, recycling of e-waste is increasingly seen as a major way to source these materials.India generates over 3.8 million tonne of e-waste annually.

Samsung’s India research & development (R&D) arm is the company’s most influential engineering team outside of its global headquarters in South Korea and alongside the US, a top company executive told Mint on Tuesday.According to Jong Bum Park, president and chief executive of Samsung Southwest Asia, Samsung’s India engineering operations account for the core development process of its second-largest revenue generator—smartphones. In fiscal year 2024 (FY24), Samsung generated $219 billion in revenue globally—of which 38% came from smartphones.The company’s semiconductor division, largely based out of the US and Korea, is its highest revenue generator.“The entire camera unit and its software for our flagship smartphones were developed and engineered entirely in India,” said Park in an interview.

Subscribe to enjoy similar stories. Japan was a global bright spot in 2025. Despite much hand-wringing over its debt burden, it is likely to remain so in 2026.

Subscribe to enjoy similar stories. “Passion doesn’t have to look like ‘rah, rah!’" Bristol-Myers Squibb employees were giving managers pointers on how to tell whether their introverted staffers are excited about their work. After all, it can be hard to tell.

Mint for a rare interview at his house near Mumbai’s Peddar Road—other residents in the area, also called the ‘billionaires row’, are Mukesh Ambani and Sajjan Jindal.Unlike the skyscrapers that dot the neighbourhood, Bangur’s home is a two-storeyed haveli called Mohini Mahal. Dressed in a fading lavender polo shirt and black, loose-fitting trousers, one would be forgiven for mistaking the septuagenarian businessman for a retired professor sharing his time-tested thesis with the three scribes. But under that mild demeanour hides one of the corporate sector’s shrewdest strategists.In a 90-minute conversation, Bangur spoke at length about his business philosophy and why Shree Cement—the third-largest cement maker by capacity in India—hasn’t joined the top two players in their inorganic expansion spree.

Subscribe to enjoy similar stories. NEW DELHI: Millions of CNG and domestic PNG users across India could pay less for gas as the Petroleum and Natural Gas Regulatory Board (PNGRB) simplifies transportation tariffs under its “One Nation, One Grid, One Tariff" vision. The regulator has reduced the number of tariff zones from three to two—up to 300 km and beyond 300 km—aiming to lower regional disparities and align natural gas pricing with competitive fuels such as liquefied petroleum gas (LPG), or cooking gas, and petrol.

Subscribe to enjoy similar stories. Varun Beverages Ltd (VBL)’s acquisition of South Africa-based Twizza (Pty) is less about shoring up near-term earnings and more about extending its growth runway beyond India. While the domestic business remains resilient, stiff competition is creating challenges.

HCL Technologies Ltd announced acquisitions for $400 million in the past week, the most spent on such transactions in three years, to strengthen its AI and data offerings for customers increasingly adopting automation.India’s third-largest IT services company said on Monday that it would spend more than $240 million to buy Jaspersoft, a US data analytics company. That day, HCL also said it would buy Wobby BV, a Belgian startup that provides AI agents for data analysis purposes.The company’s acquisition spree started on 18 December, when it said it would purchase the Telco Solutions business of Hewlett Packard Enterprise for $160 million.

Subscribe to enjoy similar stories. GE Vernova T&D India Ltd’s shares have risen about 8% after it announced a big-ticket order award from Adani Energy Solutions Ltd on Friday. The order pertains to the setting up of a high-voltage direct current (HVDC) substation for the evacuation of renewable energy from Khavda to Olpad in Gujarat.

William Shakespeare excelled at stagecraft. The themes in his plays were simple, but their effect dramatic. The bard’s words still resonate in many contexts—such as the economic themes of 2025.

Subscribe to enjoy similar stories. For years, battery storage sat on the fringes of India’s clean energy plans. Falling costs and a stronger policy push are now pulling it into the mainstream, setting off a fresh investment cycle in battery energy storage systems (BESS).

Cognizant Technology Solutions Corp and a former employee representing the US government are jointly approaching a US Court seeking review of a lower court order that mandates investigations into claims of non-payment of visa fees and related taxes to the US government.The move, depending on the outcome, could prevent a lengthy legal process and pave the way for a settlement.On 15 December, Cognizant and Jean-Claude Franchitti, formerly an assistant vice-president with the company acting as a whistleblower for the government, filed a joint motion to the United States Court of Appeals to do away with a New Jersey district court’s order from two years ago that permitted a court trial on claims of Cognizant’s alleged withholding of H-1B visa fees and taxes to the US. The motion has been reviewed by Mint.The genesis of the case goes back to 2023 when Franchitti, representing the US government, said Cognizant had knowingly concealed, misused, and brought employees to the US on other visas, thereby paying lower dues to the government.Franchitti said Cognizant applied for L-1 and B-1 visas for certain employees who did the work coming under the ambit of H-1B visa holders, thereby depriving the (US) government of higher filing fees required for H-1B visas.

Subscribe to enjoy similar stories. Asset management companies (AMCs) are specialized entities that manage pooled investments on behalf of investors. In this editorial, we list the top AMCs regulated by the Securities and Exchange Board of India (Sebi).

Subscribe to enjoy similar stories. Dear reader, as 2025, a year of global tumult and volatility, rolls by, Mint's reporters and columnists look around the corner on what is coming in 2026—to help you know what to expect and prepare for it. Tell us what you think at [email protected]. Returns from investments are the best indicator of how various asset classes have performed.

Subscribe to enjoy similar stories. NEW DELHI : Electric vehicle investment write-offs by global auto giants, and a general automotive slowdown in demand, are sending some European auto component suppliers into bankruptcy, creating a potential business opportunity for Indian parts manufacturers as customers shift orders away from the distressed vendors.

With the passage of a law that not only opens the door for private participation in India’s nuclear power industry but also promotes it, the government hopes to meet its target of 100GW in generation capacity by 2047. Currently, it accounts for a mere 2% of our grid capacity, and given India’s demand projection for 2047 and the electricity required to meet it, that goal implies a share of 5% by then.

Gopal (Vittal) is one of those rare leaders who is equally left and right brained. I once barged into Gopal's office and found him listening to Kumar Gandharva while deep in his Excel sheets. — Sudhir Sitapati, managing director and chief executive officer (CEO) of Godrej Consumer Products.Over the last nine-ten years, India's telecom sector has been buffeted into submission by the entry of the country's richest and most powerful businessman into phone services.