Indian solar equipment makers plan ₹30,000 crore play for 50 GW of cell capacity to meet local sourcing mandate

India currently has a manufacturing capacity of 160 GW for solar modules but only about 30 GW for solar cells (at the start of 2026), necessitating imports to cater to domestic demand. The development follows a new government rule, taking effect this June, which mandates that solar cells for government-supported schemes and projects from where…

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Mint Explainer | Is quick commerce forcing legacy FMCG players to rethink growth?

What are legacy FMCG players saying about quick commerce? For the 92-year-old Hindustan Unilever Ltd, the niche platform is already showing signs of growth potential. Quick commerce accounts for about 3% of the company’s more than ₹60,000 crore, implying annual quick commerce sales of more than ₹1,800 crore. The company has created a separate, focused…

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New studios from Birla and Balaji invest in India’s crowded content space amid volatility and risk of unsold content

Entrepreneur Ananya Birla launched Birla Studios this month to produce films in Hindi, Gujarati and Malayalam, among other regional languages, and in English. The Collective Artists Network, which was engaged in brand management and digital projects so far, is eyeing feature films. Balaji Telefilms Ltd unveiled Balaji Studio, designed as a content engine for India’s…

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India is set to cater to global shipbuilding demand: Sarbananda Sonowal

India is set to cater to global demand for large ships, including very large crude carriers (VLCCs), container vessels, and Panamax vessels, according to Union minister for ports, shipping and waterways Sarbananda Sonowal. Indian shipbuilders, through global tie-ups, including technology transfer and joint ventures, will cater to the global demand for large ships and are…

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RBI nod for leveraged buyouts fails to evoke banker enthusiasm; mixed response to broker lending norms

Stricter rules for lending to brokers for leveraged trading elicited a mixed response. The rules are guardrails against the impact of elevated market volatility. While some expect an impact on volumes, others don’t, citing that prop traders tendeto be well-heeled than most individual investors. In its final guidelines on acquisition financing released late Friday, the…

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India cracks down on professional blood donor rackets with tougher new rules

The rules restrict eligibility to registered voluntary and charitable organizations, barring family societies and trusts, and mandate social accountability evaluation, among other measures, according to two government officials and documents reviewed by Mint. Both new and existing blood centres must adhere to rigorous operational and ethical benchmarks to secure and maintain their licences, including establishing…

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Banks’ ₹25,000-crore insurance gravy train faces RBI reality check

On 11 February, the Reserve Bank of India (RBI) released draft guidelines targeting mis-selling, bundled sales, and even “dark patterns” in banking apps, redrawing the boundaries of how banks sell such products. The norms will be applicable from July. “The responsibility on banks has increased a lot,” said Anil Gupta, senior vice-president and co-group head…

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Micro-drama apps seek aggregation to enhance user reach in India’s entertainment market

Last month, Tata Play Binge introduced Shots, a curated category of mobile-only, vertical micro-dramas available at no additional cost to its subscribers. The move signals early attempts to build an aggregation layer in a format that has so far evolved within standalone apps. Industry executives say as engagement formats multiply, ensuring the right content reaches…

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Is budget push to develop animation, VFX, gaming talent in AI era pragmatic?

In the organized sector, including feature films and OTT series, the impact will be incremental but irreversible as AI will increasingly be embedded into pipelines to reduce turnaround time, manage costs, and optimize post-production, particularly in VFX-heavy projects, according to experts. However, AI poses a greater risk to short-form and social media content. Studios would…

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