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PVR INOX is launching a new franchise model for tier-III cities. This capital-efficient format will expand organized entertainment options across India. The first SMART Cinemas property will open in Muzaffarpur, Bihar soon. PVR INOX has signed agreements for six more locations. This initiative aims to make premium cinema experiences more accessible.
Bharti Airtel reported a 35.5% net profit rise in the fiscal first quarter. Consolidated revenue climbed 18.4% year-on-year, supported by strong operations. India mobile revenues grew 9.2% driven by improved ARPU and data customers. The company added a record one million net postpaid users during the quarter. This marks the nineteenth consecutive quarter of profits…
Technology-focused mutual funds dominated the performance charts in July, with nine equity schemes delivering returns of over 10%. HDFC Technology Fund topped the list with a 16.91% gain, while international funds accounted for most of the double-digit losers during the month.
At Christ University, young innovators debated how AI could address issues ranging from potholes to court backlogs during The Alt View session hosted by Mint in collaboration with Samsung Solve for Tomorrow.
Seven mutual fund NFOs from Kotak, Motilal Oswal, AlphaGrep, JioBlackRock, Edelweiss and Franklin India will open for subscription this week. The offers span index funds, ETFs, a fund of funds and a short-duration debt scheme, with minimum investments ranging from Rs 10 to Rs 5,000.
HSBC India’s profit before tax rose four percent in the first half of 2026. Higher revenue from corporate and institutional banking fueled this significant profit increase. The bank’s wealth and premier banking division, however, saw profits drop sharply. HSBC India also led in mobilising foreign currency deposits under a special RBI scheme. Globally, HSBC reported…
India’s push for E20 petrol faces significant public and political opposition. Motorists express concerns about potential vehicle damage and reduced fuel efficiency. The government acknowledges minor efficiency dips but denies widespread engine failures. Auto manufacturers largely support the E20 blend, citing their own testing data. However, critics demand consumer choice and question the rapid nationwide…
Edelweiss Mutual Fund is launching India’s first REITs-oriented index fund, the Edelweiss Nifty REITs & Realty Index Fund, offering investors diversified exposure to listed REITs and real estate companies through a single passive fund. The NFO opens on August 5 and closes on August 19, with the fund aiming to provide tax-efficient access to the…
Indian AI startups, have been using open-weight models to build enterprise AI applications for some time. Mint explains why.
India’s gold market is poised for transformation driven by digitally savvy Gen Z consumers. This generation views gold as a flexible financial asset, fueling interest in digital products. Mobilizing household gold holdings could deepen financial markets and strengthen capital formation. The gold jewellery market is also at an inflection point, requiring innovation and omnichannel experiences….