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McKinsey, the world’s foremost consulting company, so influential that it was referred to merely as The Firm. He was the first Asian and the first Indian to head the consulting giant during its glory years, when it still enjoyed a pristine reputation, before scandals like its advising of Purdue Pharma during the opioid epidemic and the Transnet affair in South Africa tarnished its name.During his sterling career, Gupta also helped set up institutions like the Indian School of Business (ISB) and the American India Foundation (AIF).

Subscribe to enjoy similar stories. If you’re keeping up with the news about the Indian IPO market, you would be aware of Aequs Ltd. The aerospace manufacturing company hit the primary market with its IPO last week, and what an IPO it’s turning out to be.

Subscribe to enjoy similar stories. “María!" A man’s voice cut through the rain pelting the pitch-black Caribbean Sea, just audible between two boats tossed around by 10-foot waves. People on the smaller vessel, a simple fishing skiff, held up cellphones like emergency flares in the night.

Subscribe to enjoy similar stories. Speakeasies, wine bars, listening rooms, quirky theme bars, friendly locals, bars with their own labs, bars-within-bars—and did we mention speakeasies? 2025 has been a fantastic year for the already vibrant Indian dining-out scene, with older bars making themselves stronger and newer ones entering the fray in a variety of formats and styles (with speakeasies leading as the most popular format by a mile).

Subscribe to enjoy similar stories. MUMBAI: Danish drugmaker Novo Nordisk launched its blockbuster drug Ozempic in India on Friday, priced at ₹8,800 per monthfor a starting dose. The launch comes close on the heels of Wegovy, the company’s other injectable weight-loss drug, which entered the market in June.

Subscribe to enjoy similar stories. Swiggy Ltd’s large ₹10,000 crore qualified institutional placement (QIP) comes barely a year after its initial public offering (IPO). For investors, this appears to be a message that the company is eager for capital.

Subscribe to enjoy similar stories. Surging EchoStar stock could have more upside if SpaceX ends up going public in 2026 at anything close to the reported $1.5 trillion valuation that the Elon Musk-controlled satellite, rocket, and space company could seek. EchoStar has become the top SpaceX proxy in the public markets since EchoStar sold wireless spectrum to SpaceX in two separate transactions in September and November for a package of cash and SpaceX stock.

Subscribe to enjoy similar stories. Retail investors who dominate active mutual funds take a backseat when it comes to passive funds despite a relatively quicker investment pace, according to data from the Association of Mutual Funds of India (Amfi). While passive mutual funds more than doubled their assets in the last three years, retail still accounts for a small portion of these funds' assets, data showed.

Subscribe to enjoy similar stories. Indian Railways is exploring three new freight corridors to extend the high-speed cargo network deeper into southern, eastern, and central India, building on the success of two operational lines to create a continuous nationwide logistics loop, two people aware of the development said. Detailed project reports for the three new lines have been completed and are under examination, said one of the three people quoted earlier.

Subscribe to enjoy similar stories. Buoyed by the Fed rate cut, strong buying activity from lower price levels clearly signals an encouraging revival toward the upside. Although resistance persists at higher levels, the market's immediate downward pressure has eased.

Subscribe to enjoy similar stories. After a two-year hiatus in India, the world's biggest technology investor is on the move again. Masayoshi Son-led SoftBank is now examining Indian startups pursuing artificial intelligence (AI), the technology world's sunrise sector.

Subscribe to enjoy similar stories. Nobody in the world knows better than Steve Kerr what it takes to become the greatest basketball team of all time. In 1996, he played alongside Michael Jordan for the Chicago Bulls as they won 72 games.

Subscribe to enjoy similar stories. Jerome Powell pushed through a rate cut Wednesday over the broadest reservations of his nearly eight-year tenure, and in doing so, implicitly delivered a pointed message to President Trump and his own successor: Cutting rates is harder than it looks. The decision drew three dissents—two from officials who opposed any cut and one from a Trump ally who wanted a larger reduction.

Mint breaks down how Beijing managed this feat and what it means for India and the world economy.China’s outbound shipments have proved remarkably resilient. In the first 11 months of 2025, exports grew 5.7% even with average US tariffs at 47.5%. Sales to the US slumped 18%, but Chinese manufacturers more than made up for it elsewhere: exports to Europe climbed 9%, while shipments to Southeast Asia and Africa surged 15% and 27%, respectively.Largely, yes.

Under India’s new economic order, consumption has become a dependency, mediated—beyond choice—by ownership of infrastructure. Last week, at Mumbai airport, I saw IndiGo’s embattled yet intact front-line. Yet, real authority was up in some cloud that no individual seemed able to override.A generation ago, you were courted by multiple companies vying for your money.

Subscribe to enjoy similar stories. Amazon.com Inc.’s plan to invest an additional $35 billion in India by 2030 is expected to intensify competition in the online commerce and prompt rivals to increase their spending on infrastructure, supply chains, and consumer acquisition.

Subscribe to enjoy similar stories. MUMBAI: Axis Asset Management Company (AMC) is set to launch its third private credit alternative investment fund (AIF) next week, aiming to raise up to ₹2,000 crore, a senior executive told Mint. The move comes as the fund house looks to scale sharply in a private-credit market that is drawing record interest even as traditional lenders pull back.

Subscribe to enjoy similar stories. The Indian automotive sector is gearing up to end the calendar year on an exceptionally strong note, fuelled by a combination of record-breaking festive sales, favourable tax reforms and the onset of the traditional year-end stock-clearance period. This cocktail of conditions has created one of the most consumer-friendly buying windows in recent years—an opportunity amplified by the lasting impact of the recent goods and services tax rate cuts.

India’s government finally announced the implementation of the four labour codes passed by Parliament about five years ago, starting 21 November 2025. These four, namely the Code on Wages of 2019, Industrial Relations Code of 2020, Code on Social Security of 2020 and the Occupational Safety, Health and Working Conditions Code of 2020, were meant to rationalize 29 old labour laws by replacing them with new codes, as recommended in a 2002 report by the second National Commission of Labour set up in 1999.The objective was to simplify labour laws and make them effective—for the benefit of workers as well as employers.Reforming these laws has been part of the governance agenda of every successive government since 1991, when India’s economy underwent broad reforms in various other domains.Given the multiplicity of labour laws enacted since independence, the idea of revising them was also to make them enforceable (or justiciable) and reflect the contemporary reality of changing labour relations.

Subscribe to enjoy similar stories. JPMorgan Chase is giving a payment of up to $1,000 to employees whose annual pay is less than $80,000, many of whom will receive it in the form of a contribution to JPMorgan retirement plans, Chief Executive Officer Jamie Dimon said in a staff memo on Tuesday. Employees qualify for the payment if they participate in the bank’s U.S.

Subscribe to enjoy similar stories. ULANQAB, China—The U.S. invented the most powerful artificial-intelligence models and controls access to the most advanced computer chips, but China has an ace to play in the global AI contest.