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Mint Explainer | Will the new H-1B rules reshape the Indian IT strategy?

The US has raised the H-1B visa fee to over $100,000 and paused new visa appointments globally to train staff on new visa rules. How will it impact Indian workers and companies?

26 Aug 2026 2:09 pm
Indiabulls signs deal for 3,700 crore Gurugram project; expands realty portfolio to 27,308 crore: Report

The project's start date comes ahead of the festive season, a time when residential demand increases, a factor the company expects to tap into once registrations for sale open.

26 Aug 2026 1:39 pm
Mechanical Turk: Why is Amazon shutting down crowdsourced work platform which jeff bezos called Artificial AI?

Amazon is shutting down Mechanical Turk, its crowdsourced work platform, on 30 September, 2026. Launched in 2005, the service connected workers with tasks such as data labelling and surveys, but faced declining investment, growing competition, and questions over data quality.

26 Aug 2026 1:02 pm
India ticks all the boxes for long-term investors: CPPIB

CPP Investments sees data centres, infrastructure and real estate as key opportunities in India as the countrys economic growth, expanding middle class and digital economy drive demand for new assets.

26 Aug 2026 12:27 pm
OpenAI data centre chief Chris Malone exits as executive departures mount, US backlash over AI infrastructure grows

Malone joined the company in March 2025, and is now leaving after one-and-a-half years. His previous stints were at other tech giants like Meta and Google.

26 Aug 2026 12:04 pm
Deloitte to pay US govt $21.5 mn to settle 'discriminatory' practices claims, months after IBM agreed to pay $17 mn

Accounting and consulting giant Deloitte has agreed to pay the US government $21.5 million to settle allegations that it violated federal contracting laws by discriminating based on race and sex. The settlement comes as the Trump administration steps up its crackdown on corporate DEI practices.

26 Aug 2026 11:42 am
Can bundling change the game for audio streaming platforms in India?

Indias music-streaming market is betting on telecom, OTT, banking and other bundles to convert reach into paying users, but experts say exclusive content and better licensing economics will be key to making the model work.

26 Aug 2026 10:51 am
Anthropic sees $30 trillion TAM as it looks to surpass SpaceX's $28.5 trillion largest actionable market: Report

This large TAM will help the company justify its valuation as well as its heavy spending on infrastructure, guide its product priorities, as well as frame its rivalry with other AI giants like OpenAI and Google.

26 Aug 2026 10:39 am
Meta reportedly discussing a mid-trial settlement as the case by 29 state attorneys general enters its second week

Meta is reportedly discussing a mid-trial settlement in a case brought by 29 states accusing it of designing Facebook and Instagram to addict teens. The company faces potential penalties of up to $1.4 trillion if it loses the trial.

26 Aug 2026 8:58 am
Indian ITs mid-caps are gaining ground in the bank battle

Indias mid-sized IT firms are outpacing larger rivals in BFSI revenue growth, benefiting from challenger banks, new clients and greater flexibility as large firms face insourcing and vendor consolidation.

26 Aug 2026 6:00 am
Shree Naman Group wins bids for JW Marriott Bengaluru, Crowne Plaza Pune at 1,800 crore

Shree Naman Group wins bids for two Advantage Raheja Group properties after a six-month bidding process under the insolvency resolution mechanism.

26 Aug 2026 6:00 am
Hero MotoCorp opts for an unorthodox strategy for its leadership reset

Hero MotoCorp has appointed five senior executives from non-two-wheeler backgrounds to steer its shift toward electric vehicles, premium motorcycles, and exports. 

26 Aug 2026 6:00 am
Govt seeks sales estimates from e-truck, e-bus makers for new financing scheme

This will be the first major government scheme for private sector intercity e-buses. Previous e-bus schemes covered state-run intracity buses.

26 Aug 2026 6:00 am
Intuits annual forecast falls short of estimates as it prioritizes customer growth

INTUIT-RESULTS/ (PIX):Intuit's annual forecast falls short of estimates as it prioritizes customer growth

26 Aug 2026 1:32 am
Franklins Araghi Says Nvidia Holders Want Map, Not Just a Beat

Franklin Templetons Sara Araghi said Nvidia Corp. needs to go beyond a headline earnings beat and provide investors with concrete detail on how it plans to deploy capital and sustain its spending plans.

26 Aug 2026 12:00 am
Elon Musks space company to build new rocket launching site in Louisiana

Elon Musk's space company to build new rocket launching site in Louisiana

26 Aug 2026 12:00 am
Ribbit Capital looks to sell shares worth up to 1,914 crore in Groww

Funds managed by Ribbit will sell up to 98.2 million shares, or about 1.6% of Growws existing total shares outstanding, at a floor price of 195 a share.

25 Aug 2026 9:12 pm
Hyderabad airport to charge arriving domestic, international passengers UDF for the first time

The tariff regulator is changing how operators recover infrastructure costs by splitting the charge between arriving and departing passengers.

25 Aug 2026 7:55 pm
Air India seeks $1.5 billion from owners Tata, Singapore Air as losses mount: Report

Air India is pursuing $1.5 billion in fresh equity from Tata Sons and Singapore Airlines to address substantial losses, following a record $2.33 billion deficit last fiscal year. 

25 Aug 2026 7:41 pm
FedEx ramps up India investment as high-value exports take off

India is a strategic growth market for FedEx and one of the fastest-growing markets in its global network, with the countrys growing role in global trade to drive demand for time-sensitive logistics

25 Aug 2026 6:43 pm
Federal Bank denies reports of majority stake acquisition in Jana SFB as stock drops 4.4%

Earlier on Tuesday, a CNBC-TV18 report citing sources said Federal Bank and Jana SFB are in advanced stages of a deal for the private bank to acquire a majority stake in the small finance bank.

25 Aug 2026 3:49 pm
Boundless VC closes 300 crore fund to back early-stage AI, frontier-tech firms

This comes at a time when India has fallen behind the US and China in building globally competitive foundational AI models. While the industry sees greater opportunities for Indian startups at the application layer, a lack of early-stage local risk capital may pose challenges.

25 Aug 2026 3:28 pm
RBI measures to lift Indias ECB inflows to $75-80 billion in FY27: Citis corp banking head

According to Neeraj Kumar, the projection was revised upward over the past two months after the RBI introduced measures in June allowing banks and public-sector companies to raise foreign-currency funds under a special window.

25 Aug 2026 3:21 pm
SoftBank cuts Lenskart stakes for second time, sells 2,888 cr worth shares to Goldman Sachs, Societe Generale, others

SoftBank has reduced its stake in Lenskart by offloading shares worth 2,888 crore, following a previous sale of 2,873 crore. Its holding has fallen from 9.86% to 7.28%, making it the second-largest public shareholder in the eyewear company.

25 Aug 2026 3:16 pm
Indian IT firms are buying growth, one client at a time

The TCS-Porsche deal is the latest of at least nine transactions in which IT firms acquired clients technology businesses alongside large outsourcing mandates, as organic growth slows.

25 Aug 2026 2:45 pm
Coal India plans 1 trillion investment in coal evacuation, gasification

The investment comes as the miner targets 1 billion tonnes of annual output by FY30 and absorbs higher diesel and ammonium nitrate costs without an immediate coal price hike.

25 Aug 2026 2:22 pm
Kedaara Capital invests $200 million in Tynor Orthotics

Kedaara Capital will work with Tynors promoters, P.J. Singh and A.J. Singh, management team and long-standing strategic partner Thuasne.

25 Aug 2026 2:05 pm
Musk-led SpaceX to launch first Nvidia-powered AI satellite, eyes orbital data centre debut in 2027

SpaceX founder Elon Musk announced that the company plans to launch its first AI satellites powered by Nvidia chips in Q4 next year, with the fleet expected to reach significant scale by 2028. The company is also pursuing plans for orbital data centres.

25 Aug 2026 12:47 pm
Airbound raises $37 million in Series A round from Greenoaks

The Bengaluru startup will use the funding to expand engineering, commercial manufacturing and go-to-market efforts as it builds drone delivery networks in India.

25 Aug 2026 12:29 pm
Forget salaries, Microsoft employees are revealing how much AI they use the numbers may surprise you

Microsoft's latest analysis on AI usage shows a median monthly cost of $300, with one employee reporting $28,000. Despite extensive AI integration efforts, the data show no correlation between AI spending and employee promotions, raises, or bonuses

25 Aug 2026 12:06 pm
From binge to buzz: why OTT is spacing out episodes again

OTT platforms are breaking the binge, one episode at a time. Staggered drops are helping shows build momentum, sustain conversations and drive higher cumulative viewership and retention.

25 Aug 2026 11:18 am
Ambani weighs aluminium foray, setting up potential Adani showdown

The move comes as billionaire Gautam Adanis group marks its entry in the aluminium sector. In June, Adani Enterprises announced plans to invest about $11.5 billion to develop a 2 million tonnes per annum aluminium project in Odisha in partnership with UAEs International Holding Company.

25 Aug 2026 9:00 am
Zoho CEO Sridhar Vembu explains why disciplined initiative is a corporate myth Worst of both worlds

Vembu warned that trying to mandate a highly disciplined culture of seizing the initiative is a guaranteed strategic misstep.

25 Aug 2026 7:32 am
10 years of UPI: Indias digital payment revolution continues at rapid pace

UPI has become synonymous with payments in India. The technology has revolutionized digital payments by enabling instant, zero-cost and real-time mobile transactions across India. It has boosted financial inclusion and become a global benchmark for digital public infrastructure. Mint explores:

25 Aug 2026 7:01 am
Pristyn Care scales back two bets as it refocuses on hospitals

Pristyn Care is demerging BeatXP and scaling back MedX as it shifts resources towards its own hospitals and seeks to improve cash flows.

25 Aug 2026 6:01 am
A $10 billion financial knot awaits Chandrasekarans successor

Capital allocation, management bandwidth and attention across new-age and listed businesses will put the next Tata group chairpersons leadership to the test.

25 Aug 2026 6:01 am
Nexedge Capital raises $20 mn from Mirae Asset and Elev8 Venture Partners

Launched in February 2025, Nexedge has been among the fastest-growing wealth-management platforms, scaling to more than $3 billion in assets under management within 18 months across over 1,300 clients. It has onboarded more than 95 senior bankers, with another 50-60 expected to join in 2026.

25 Aug 2026 6:00 am
Verlinvest, founder family lap up more of Epigamia, Sauce enters cap table

Epigamias investors are reshuffling its cap table through a $20 million secondary deal, with Verlinvest and the Mirchandani family raising their stakes and Sauce coming on board, as the profitable dairy and snacking startup aims to double its business every 24-30 months.

25 Aug 2026 5:30 am
State-run banks propose priority sector lending norms for EVs, clean energy

The proposals include specific lending limits of up to 2 lakh for electric two-wheelers and 20 lakh for electric four-wheelers for personal use. They also propose limits of 25 crore for charging and battery-swapping infrastructure, and 50 crore for commercial electric-vehicle fleet operators.

25 Aug 2026 5:30 am
Urban Company turns to luxury brands to premiumize beauty business

It has partnered with the premium Spanish cosmeceutical and skincare brand Casmara, the French skincare and cosmetics brand Remy Laure, the professional skincare brand 03, and the premium Indian body and skincare brand Mintree.

25 Aug 2026 5:00 am
First Brands Bankruptcy-Payout Plan Rejected by Federal Judge

A federal judge rejected the bankruptcy-payout plan of defunct auto-parts maker First Brands, concluding the proposal to raise money by suing a long list of insiders and business partners was not realistic.

25 Aug 2026 2:28 am
Trump bought shares in Elon Musks SpaceX in June, financial disclosure shows

USA-TRUMP-SPACEX:Trump bought shares in Elon Musk's SpaceX in June, financial disclosure shows

25 Aug 2026 12:21 am
Tata Sons board meeting likely on 17 September a month after being adjourned due to lack of quorum, says report

The Tata Sons' board of directors is likely to meet on 17 September around a month after the AGM on 18 August was adjourned due to lack of quorum, according to a recent report citing sources.

24 Aug 2026 11:02 pm
Coal India sets up subsidiary in Singapore for global critical mineral assets

Coal India has incorporated a Singapore-based subsidiary, CIL Global Pte. Ltd, to spearhead its international acquisition of critical minerals like lithium and cobalt. 

24 Aug 2026 10:43 pm
Beyond the chatbots: The AI race in banking will be won in the back office

Indias next financial advantage will depend on whether its institutions can move beyond generic tools and embed intelligence into their core decisions.

24 Aug 2026 9:47 pm
TCS bags $1.45 billion Porsche deal, acquires carmakers IT arm for $373 million

The transaction marks TCS's second European mega-deal in eight months, providing a key revenue boost amid broader market and automation concerns.

24 Aug 2026 8:15 pm
Healthify merges with New-York-based Berry Street in all-stock deal, becomes US company

Investors in Healthify will continue in the merged entity, according to Healthify founder Tushar Vashisht.

24 Aug 2026 7:32 pm
HC asks Andhra govt to check if Google-Adani data centre has legal, environmental clearances

Google had announced the Visakhapatnam AI hub in October 2025 with a planned $15-billion investment over five years. It later partnered with Adani Enterprises through AdaniConneX to develop a gigawatt-scale data-centre campus with planned capacity of nearly 1GW

24 Aug 2026 7:07 pm
Mint Explainer | Can India build a homegrown smartphone brand?

Though India is one of the worlds top destinations for smartphone assembly after China, and alongside Vietnam, Thailand and Malaysia, the countrys own brands could never make it over the past decade. Is a major homegrown phone feasible in the country?

24 Aug 2026 4:24 pm
US-based Plaud bets India can outpace its global AI wearables growth

Plaud's expansion into India comes at a time when India's wearables market is estimated to hit $3.6 billion this year.

24 Aug 2026 3:31 pm