Mint Explainer | What the listing plans of India’s oldest bad bank say about the asset reconstruction industry

India’s oldest asset reconstruction company (ARC) wants to go public. Asset Reconstruction Co. (India) Ltd (ARCIL) filed its draft prospectus on 1 August, with four of its shareholders—Avenue India Resurgence Pte. Ltd, State Bank of India, Lathe Investment Pte Ltd, and The Federal Bank Ltd—looking to sell up to 105.46 million shares. If approved, it…

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Influencers log out—when the likes don’t pay for the rent

Suri is not alone. As India’s 8-million-strong creator economy gets overcrowded and unpredictable, many influencers, especially those with smaller followings, are quietly walking away from the spotlight. Shrinking advertisement revenue, inconsistent brand deals, and rising financial strain are driving creators back to the stability of traditional employment. Influencers, those who have built a dedicated following…

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Sugar Free D’lite’s #CaloriesSeRaksha taps into sibling banter, but does the brand stick?

New Delhi: Festive weeks in India often come with a sugar overload, both in what’s eaten and gifted. Hoping to ride the wave of health-conscious indulgence, Zydus Wellness has launched a limited-edition Rakhi gifting campaign for its Sugar Free D’lite range, featuring zero-added-sugar cookies and chocolates. The digital campaign, titled #CaloriesSeRaksha, stars Mallika Dua and…

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Is efficiency the new growth strategy?

On 27 June, Tata Consultancy Services (TCS) made headlines when it announced plans to cut approximately 12,000 jobs, marking the largest layoff in the software services major’s history. The move sparked debate, with some industry observers interpreting it as fallout from artificial intelligence (AI), and warning of similar cuts at other major firms. However, TCS…

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Bank holidays next week: From Raksha Bandhan, to Jhulana Purnima, Tendong Lho Rum Faat and weekends. Check full schedule

Bank holidays next week, August 3-10, 2025: The Reserve Bank of India’s full schedule for August 2025 is out and among the days which banks will be closed next week include Raksha Bandhan, Jhulana Purnima, Tendong Lho Rum Faat, besides the weekly offs on Saturdays and Sundays. Overall, the month has a total of 15…

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Telecom testing just got cheaper as govt slashes certification fees by up to 95%

India has slashed the security certification fee for telecom equipment makers, the latest in a series of regulatory moves to ease business compliance requirements for companies importing or making telecom and tech equipment or products indigenously. Companies such as Nokia, Ericsson, Cisco Systems Inc., HFCL Ltd, and Dixon Technologies (India) Ltd will benefit from the…

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