SENSEX
NIFTY
GOLD
USD/INR

Weather

image 27    C

World News

Livemint

World / Livemint

IPO mutual funds: How do fund managers buy and sell shares at pre- and post-listing stages? Experts explain

IPO mutual funds remain a niche category, with some schemes investing in newly listed stocks and others tracking IPO-focused indices. Heres how fund managers approach IPOs, when they buy or sell, and what investors should check before considering these funds.

5 Oct 2026 11:10 pm
Charity commissioner seeks reply from Tata Trusts over trustees complaints

In a letter sent to SDTT on Monday, along with copies of the complaints, the Charity Commissioner gave the trust until 12 October to reply, according to an executive familiar with the matter.

5 Oct 2026 10:50 pm
Huawei, Qualcomm sign multi-year patent deal covering 5G, AI and computing

Huawei and Qualcomm sign a multi-year patent deal covering 5G, AI, computing and networking, with Huawei's licensing value set to exceed $6.9 billion.

5 Oct 2026 10:30 pm
Airlines seek faster release of govt-backed credit amid liquidity strain

The Federation of Indian Airlines has urged the ministry to provide appropriate guidance and reassurance to participating banks so that the remaining sanctioned amounts can be released, beginning with the first tranche under ECLGS 5.0.

5 Oct 2026 10:19 pm
Gurugram to Amritsar travel time reduces to 4.5 hours over about 405 km: Check new route bypassing Delhi traffic

Traveling from Gurugram to Amritsar now takes about 4.5 hours over 405 km via high-speed corridors, bypassing Delhi's traffic. The new routes, including Dwarka and KMP Expressways, facilitate quicker journeys, benefiting commuters and travelers alike by avoiding congested urban areas.

5 Oct 2026 9:30 pm
Cognizant targets mid-sized firms as AI pressures big outsourcing deals

Cognizant Activate follows similar moves by Accenture and HCLTech as the tech-services giants seek new growth beyond their traditional large-enterprise contracts.

5 Oct 2026 8:42 pm
UPI MDR charges: How does it compare to traditional Debit, Credit Card per transaction? Cost difference explained

UPI MDR will apply to eligible P2M transactions above 2,000 from 15 October 2026. But how does its 0.4% charge compare with typical debit and credit card MDRs? Heres a look at the transaction costs and how the charges differ across payment modes.

5 Oct 2026 8:40 pm
Indias infrastructure challenge shifts from raising capital to making projects investable, says Deloitte

Complex regulations, limited private participation and budget constraints are making project preparation and risk-sharing increasingly critical, while AI and digital technologies reshape infrastructure investment.

5 Oct 2026 8:10 pm
Who is Sanjeev Moghe? Axis Bank Group Head resigns after 8 years; read his resignation letter: I leave with a...

The bank acknowledged his contributions during his tenure in a formal disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

5 Oct 2026 7:31 pm
Who is Jacob Coxon? Former Anthropic researcher to testify at New York City AI hearing today

Last month, Jacob Coxon quit Anthropic, issuing warnings that the people building AI earnestly believe that it could kill us all by the end of the decade. He also accused his former employer OpenAI of gambling with our lives.

5 Oct 2026 5:58 pm
India records highest e-bus sales in April-September period, adoption jumps to 8.55%

The government has been pushing for increased adoption of electric trucks and buses, with work starting on a new scheme to provide cheaper loans to private sector bus and truck operators.

5 Oct 2026 5:10 pm
How homegrown D2C challengers are forcing LOral to rewrite its India playbook

Stagnant growth in India has cornered LOral into a bold reset. From unleashing prestige icons to acquiring nimble homegrown brands, the French beauty titan is rewriting its playbook to conquer the countrys ingredient-obsessed, luxury-chasing consumers.

5 Oct 2026 5:00 pm
Neysa to raise $200 mn from Blackstone, OTPP to expand data centre platform

Blackstone is investing close to $150 million in Neysa, while the remaining is expected to come from the Canadian pension fund.

5 Oct 2026 3:00 pm
GST Council may consider protection for genuine buyers losing input tax credit due to supplier default: Report

The GST Council may protect genuine buyers from losing input tax credit if suppliers default on tax payments. The proposal, discussed in the upcoming meeting, will ensure buyers arent penalised for a suppliers tax default. Details here.

5 Oct 2026 2:38 pm
IndiGo revises fuel prices across domestic, international routes from Tuesday: Check if your bookings will be affected

IndiGo Airlines on Monday announced a revision in fuel charges across its domestic and international routes, with the new charges coming into effect for all bookings made after 1:00 am on Tuesday, October 6, 2026.

5 Oct 2026 1:13 pm
Supreme Court agrees to fast-track 1988 Air India crash compensation case

Nearly four decades after the Ahmedabad crash, the Supreme Court will revisit whether air-crash compensation should follow road accident rules or a separate legal framework.

5 Oct 2026 12:58 pm
Indians like their buzz: RTDs buck global shift to lighter drinks

Indias ready-to-drink alcohol market is growing faster than the global category, and with a distinctly higher-alcohol profile. 

5 Oct 2026 12:36 pm
Vedanta faces 5,600 crore demand from Odisha Mining after high court setback

Odisha Mining Corp has issued a demand and intimation letter to Vedanta Aluminium, with the amount payable by 31 October 2026

5 Oct 2026 12:20 pm
No more AI: Elon Musk to rebrand SpaceXAI as SpaceXSI What is the Trump connection behind the move?

Musk's decision is a direct nod to a recent executive order signed by Trump, which mandates the US executive branch to replace the term Artificial Intelligence with Super Intelligence.

5 Oct 2026 12:19 pm
Adani outpaces Indias biggest business houses in data centre investments

The investments come as Indias data-centre capacity is set to surge to 5.65 GW by 2030 owing to demand by AI and cloud firms.

5 Oct 2026 11:37 am
Mint Explainer | Why Adanis Mumbai airport redevelopment has triggered a row

Adani-led MIAL proposes a 33% cut in international departures starting 25 October.  Airlines reject the forced shift to Navi Mumbai Airport, citing arbitrary slot cuts, locked-in winter schedules, and lack of consultation.

5 Oct 2026 11:01 am
BSNL pay scale freeze: why employees are threatening a strike

Employees want the government to relax the affordability rule for salary revision, while BSNLs losses keep the proposal on hold

5 Oct 2026 10:53 am
Some equity mutual funds earn dividends too; here's why it may not be credited to your bank account why it happens?

Equity mutual funds invest in shares, which may generate dividends. Investors can choose either a growth or dividend plan. Here's when the dividend is not credited to an investor's bank account. 

5 Oct 2026 10:37 am
PPF maturity date falls on a holiday or you don't withdraw immediately: what happens to your money?

A Public Provident Fund (PPF) account matures in 15 years, calculated from the financial year of opening. Here's what happens if you don't make a withdrawal immediately. 

5 Oct 2026 7:31 am
Accenture to return less to shareholders as acquisition spending rises

Accentures capital-allocation decisions matter to Indian IT services firms, which tend to track the companys strategy. Local IT services firms also returned less to shareholders last fiscal. 

5 Oct 2026 6:18 am
Greenko founders-backed AM Intelligence orders 20,000 Nvidia GPUs in $4 billion deal

Greenko-backed AM Intelligence has committed $4 billion to buy 20,000 Nvidia Vera Rubin GPUs, targeting 70 MW of new AI compute capacity in India and Malaysia. 

5 Oct 2026 6:15 am
Govt scrambles to resolve Mumbai airport Terminal-1 shift

The ministry's meeting is scheduled just two hours before a 4 pm deadline set by Adani-owned Mumbai International Airport Ltd, which operates CSMIA, for airlines to identify the international departure slots they are willing to temporarily discontinue and shift to Navi Mumbai's NMIA.

5 Oct 2026 6:01 am
Tata's Assam chip unit is almost ready, and a non-China supply chain is in place

By cultivating new vendor networks, Tata aims to ensure India's flagship semiconductor venture remains resilient against potential trade blockades, retaliatory mineral curbs, and broader geopolitical shocks.

5 Oct 2026 6:00 am
38 years after Ahmedabad crash, Air India seeks fast hearing on compensation formula

The outcome could shape how compensation is determined in future air-crash cases, with victims arguing that awards should reflect actual economic loss, including income and future earning capacity, as well as inflation.

5 Oct 2026 6:00 am
Intesa Says Its Paschi Bid Backed by Top Shareholder Delfin

Intesa Sanpaolo said its sweetened offer for Banca Monte dei Paschi di Siena has won the backing of the banks biggest shareholder, Delfin Sarl, bringing it a step closer to victory in the Italian takeover battle.

5 Oct 2026 2:17 am
When does RBI classify a bank account as dormant? Here's what rules for reactivation and unclaimed money say

A dormant or inoperative account is not a lost account. Whether the account has been unused for two years or the deposit has remained unclaimed for a decade, RBI's framework provides a route for the rightful account holder or beneficiary to recover the money.

4 Oct 2026 11:54 pm
Cinepolis adds four more screens in Faridabad as its big-screen expansion continues across Delhi-NCR

Cinepolis India has opened a four-screen multiplex at Amoliks City Life Mall in Faridabad, taking its presence in the city to eight screens as it expands across Delhi-NCR with a focus on growing urban catchments.

4 Oct 2026 9:15 pm
Haldia Petrochemicals-arm Adperma plans public listing, downstream expansion, says MD Navanit Narayan

Haldia Petrochemicals subsidiary Adperma is considering an initial public offering to fund its expansion into specialty chemicals and advanced polymers.

4 Oct 2026 8:18 pm
IndiaTech seeks rethink of turnover-linked gig worker social security levy

Under the Code on Social Security, 2020, aggregators are required to contribute 1-2% of annual turnover towards social security for gig and platform workers, subject to a cap of 5% of the amount paid or payable to such workers.

4 Oct 2026 7:09 pm
FD rates for senior citizens in October 2026: Interest reaches 8.50% in these banks

In October 2026, senior citizens can secure fixed deposit rates up to 8.50%. Check detailed numbers. 

4 Oct 2026 6:57 pm
Relief for Greater Noida traffic? 5-km Amritpuram-Makoda route to get 6 lanes- which other 4 stretches will be expanded?

Greater Noida is expanding a 5-km stretch from Amritpuram to Makoda from four lanes to six, enhancing connectivity. Additional stretches are reportedly proposed for widening to ease congestion and improve traffic flow across the city's corridors.

4 Oct 2026 6:28 pm
Mint Explainer: Are EVs with a small engine the way forward?

EV penetration has been slower than carmakers initially anticipated, prompting them to explore ways to address range anxiety. Range-extended electric vehicles (REEVs) are emerging as one possible solution.

4 Oct 2026 5:29 pm
Angel One is shrinking. But what is it building?

For over 30 years, Angel One has adapted to a changing brokerage landscape. Now, regulatory pressure and intensifying competition are forcing another reset. Where does Angel One go from here?

4 Oct 2026 5:11 pm
Lockheed Martins India expansion plan hinges on $10.5bn military aircraft bid: Which firms are competing for project?

Lockheed Martin plans to expand its manufacturing in India if it wins a $10.5 billion contract for 60 medium transport aircraft. It has partnered with Tata Advanced Systems and aims to deliver 12 aircraft initially, while 48 will be produced locally, enhancing India's aviation capabilities.

4 Oct 2026 4:24 pm
Govt proposes safety limits for medicinal plant used for treating epilepsy

The draft rules set limits for heavy metals, aflatoxins and pesticide residues in Mundulea sericea as Indias traditional-medicine exports expand. 

4 Oct 2026 1:39 pm
Industrial marketplace Pneucons disables UPI on orders from Oct 10, co-founder says MDR ate 94% of our margins

Starting October 10, Pneucons will discontinue UPI payments after government imposed a 0.4% MDR charge on orders over 2,000, which the company's co-founder says will take a significant toll on its margins. Details here. 

4 Oct 2026 8:56 am
Fleur to deploy $1 bn as Lemon Tree splits ownership, management businesses

The planned separation will allow Lemon Tree to focus on asset-light hotel management, franchising and branding, while Fleur takes on the capital-intensive business of owning and developing hotels.

4 Oct 2026 7:00 am
Not lack of talent, senior business leaders point to these key factors posing obstacles...

Only 5% of leaders attribute execution gaps to talent shortages, a survey by Biz Staffing Comrade revealed. The primary obstacles holding organisations back they felt are shifting priorities and outdated processes. 

3 Oct 2026 11:57 pm
Over 550 mn UPI users, 69 mn MF investors and 50 mn stock buyers why are millions still not investing? Report decodes

India's digital financial ecosystem has seen rapid payment growth, but investment in mutual funds and equities remains low. An EY report reveals a gap in participation despite over 550 million UPI users. Details here. 

3 Oct 2026 3:30 pm
Noel Tata on 250 cr investment for IIM Bangalore and why need of the hour is primary education

Noel Tata, chairman of Tata Trusts, announced a 500 crore investment in partnership with IIM Bangalore to create a premier undergraduate institution, prioritising early childhood education as essential to academic success, and revealed plans for 40 to 50 not-for-profit hospitals nationwide.

3 Oct 2026 2:53 pm
AI threat to financial advisors? It may make money advice cheaper, but what about jobs EY report answers

AI could democratise financial advice, bringing it to diverse investors across India, including women and younger generations. But what does it mean for the jobs of traditional advisors? A recent report answers that crucial question.

3 Oct 2026 2:29 pm
US-Iran war impact: Nayara Energy hikes fuel prices in India with immediate effect; petrol up by 5, diesel by 3

Pressure continues to mount on fuel retailers amid higher global energy prices, as Nayara Energy, India's largest private fuel retailer, has increased fuel prices with immediate effect. Petrol prices have been increased by 5 per litre, while diesel prices have risen by 3 per litre.

3 Oct 2026 1:56 pm
World's top 5 airlines: Where does Smit Machhar's Flydubai rank | All about Emirati government-owned company

Flydubai's recent Dubai-Tel Aviv flight faced a mid-air emergency when co-pilot attacked Captain Smit Machchhar, causing a rapid descent. Authorities labeled it a planned terrorist act. 

3 Oct 2026 1:18 pm
8th Pay Commission Arrear calculator: These employees could face losses of up to 3.32 lakh here's why

Central government employees await the Eighth Pay Commission's report, anticipated by 2027. Delays could lead to losses in arrears and allowances. Details here.

3 Oct 2026 12:54 pm
Co-pilot in FlyDubai incident is identified as Omani national Hamam al-Hammami

Co-pilot in FlyDubai incident is identified as Omani national Hamam al-Hammami

3 Oct 2026 11:18 am