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FedEx to cut up to 500 jobs in France, invest $91 million in domestic operations

by Live mint | January 23, 2026 5:10 pm | Indian Stocks, Market, News

FedEx is restructuring its French operations, cutting up to 500 jobs while investing 78 million euros to streamline its distribution network from 103 to 86 stations. The company will create over 770 new roles and consult with employee representatives during this...

Who is Arijit Basu? IndusInd names ex-SBI MD as Chairman after Sunil Mehta steps down

by Live mint | January 23, 2026 5:10 pm | Indian Stocks, Market, News

Former State Bank of India MD Arijit Basu has been appointed as Chairman of IndusInd Bank after Sunil Mehta’s resignation.

JSW Steel Q3 profit jumps nearly threefold aided by one-time gain

by Live mint | January 23, 2026 5:09 pm | Indian Stocks, Market, News

JSW Steel Q3 profit includes a one-time deferred tax gain of ₹1,439 crore related to its Bhushan Power and Steel assets. Excluding this, underlying profit would be roughly half of analyst expectations

PNB Housing bets on emerging markets to boost margins as banks corner high-end loans

by Live mint | January 23, 2026 5:07 pm | Indian Stocks, Market, News

To drive this growth, the housing financier is focussing on several levers such as growing its branch and distribution network, adding more manpower for these segments, and investing in digital channels, newly appointed MD and CEO Ajai Kumar Shukla said.

IndusInd Bank Q3 results: Profit stands at ₹128 crore; NIM improves to 3.52%

by Live mint | January 23, 2026 5:06 pm | Indian Stocks, Market, News

IndusInd Bank Q3 results: The bank reported a net profit of ₹128 crore for Q3FY26 compared to a loss of ₹437 crore in Q2FY26. However, on a year-on-year basis, the company’s profit crashed 91%.

Trump’s Greenland tariffs, Joe Biden’s victory to Debt ceiling deal – Key events that moved the dollar in recent years

by Live mint | January 23, 2026 4:04 pm | Indian Stocks, Market, News

The sharpest single-day fall in the dollar occurred on January 20, 2025, the day of Trump’s inauguration as the 47th US President. The USD plunged 1.38% against the euro, as investors reassessed potential policy risks and uncertainties.

Navratna defence PSU BEL gets order worth ₹610 crore. Check details

by Live mint | January 23, 2026 4:04 pm | Indian Stocks, Market, News

Bharat Electronics Limited (BEL) secured additional orders worth ₹610 crore for various defense products and services. The company’s strong performance is backed by ongoing contracts from the Indian armed forces. However, BEL’s share price fell by 1.84%...

India rupee ends at fresh record low of 91.93 against the US dollar — What’s behind the fall?

by Live mint | January 23, 2026 4:02 pm | Indian Stocks, Market, News

The rupee slipped to 91.99, slipping past the previous record low of 91.7425 hit on Wednesday. Meanwhile, from its last closing price of 91.41, the domestic unit slumped 0.63%.

India rupee falls to fresh record low, nears 92 mark amid strong US dollar demand

by Live mint | January 23, 2026 3:12 pm | Indian Stocks, Market, News

The rupee slipped to 91.99, slipping past the previous record low of 91.7425 hit on Wednesday. Meanwhile, from its last closing price of 91.41, the domestic unit slumped 0.63%.

IndiGo to traverse near-term pain after a turbulent Q3

by Live mint | January 23, 2026 3:12 pm | Indian Stocks, Market, News

IndiGo’s December quarter profit plunged 78% after mass flight cancellations, while forex losses and rising costs dragged 9M earnings. Capacity growth continues, but near-term pressures persist.

Adani Green Q3 Results: Net profit slumps 99% to ₹5 crore; revenue up 12% YoY

by Live mint | January 23, 2026 3:11 pm | Indian Stocks, Market, News

Adani Green Q3 Results: In Q3 FY26, Adani Green Energy’s net profit plummeted 99% to ₹5 crore despite a 12% increase in revenue to ₹2,618 crore. The company added 5.6 GW in renewable capacity, aiming for 50 GW total operational capacity.

Sun Pharma gets nod to make generic Wegovy

by Live mint | January 23, 2026 2:10 pm | Indian Stocks, Market, News

Sun Pharma plans to launch by March and sell in five doses similar to the innovator Novo Nordisk’s drug Wegovy.

Silver’s historic rally drives Hindustan Zinc share price 6% higher to fresh peak. Time to buy?

by Live mint | January 23, 2026 2:08 pm | Indian Stocks, Market, News

Hindustan Zinc shares surged over 6% to a record high of ₹709.95 as silver prices hit fresh lifetime highs, driven by geopolitical tensions, a weaker US dollar and expectations of further Fed rate cuts, boosting sentiment for India’s largest silver miner.

Why is the market down? Sensex crashes 800 points; investors lose about ₹6 lakh crore— key factors explained

by Live mint | January 23, 2026 2:07 pm | Indian Stocks, Market, News

The Sensex crashed nearly 800 points, or about 1%, to an intraday low of 81,510, while the Nifty 50, too, plunged 1% to touch 25,043 on the downside.

Cipla Q3 Results: Profit slumps 57% YoY to ₹676 crore — Here’s what hit the bottomline

by Live mint | January 23, 2026 2:06 pm | Indian Stocks, Market, News

Cipla Q3 Results: Pharma major Cipla posted a massive 57% YoY fall in net profit as production halt at Lanreotide manufacturing facility along with the one-time expense due to new labour codes, impacted the bottomline of the company.

Gold–silver ratio slumps to 50: Motilal Oswal says gold to outshine silver after 200% rally

by Live mint | January 23, 2026 2:06 pm | Indian Stocks, Market, News

Stressing its positive stance on precious metals, MOSL analyst Navneet Damani stressed that the gold-silver divergence signals the need for rebalancing of weightage in investor portfolios.

Defence, railways may get big Budget push; new measures to boost consumption unlikely: Pankaj Pandey of ICICI Securities

by Live mint | January 23, 2026 2:05 pm | Indian Stocks, Market, News

Pankaj Pandey of ICICI Securities shares insights on the upcoming Union Budget 2026, predicting modest capital expenditure growth, particularly in defence and railways. He also shares his views on Q3 earnings trends and how investors should navigate rising...

Google invests in Sakana AI to boost Gemini’s presence in Japan

by Live mint | January 23, 2026 1:15 pm | Indian Stocks, Market, News

The investment follows a $135 million Series B funding round that valued the startup at about $2.6 billion last year. Sakana did not disclose an investment sum.

10-minute delivery backlash forces a rethink: execution over speed

by Live mint | January 23, 2026 1:12 pm | Indian Stocks, Market, News

Food-delivery platforms will need to work harder to acquire customers as speed-led marketing draws flak.

Dr Reddy’s to HUL – Prashanth Tapse of Mehta Equities suggests stocks to buy in the short term

by Live mint | January 23, 2026 1:11 pm | Indian Stocks, Market, News

Domestic benchmark indices Nifty 50 and Sensex dipped slightly, with investor sentiment cautious amid global developments. Nifty 50 decreased by 0.28% to 25,222 and Sensex by 0.35% to 82,021.20, as trade-war fears eased and the bullish momentum for Nifty 50 looks set...
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