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Samsung hits $1 trillion valuation driven by booming demand for AI chips, joins TSMC in elite club

by Live mint | May 6, 2026 9:11 am | Indian Stocks, Market, News

Samsung Electronics Co. has reached a $1 trillion market valuation after booming demand for chips used in artificial intelligence saw the world’s largest memory maker’s stock more than quadruple over the past year.

Is Coal India stock headed towards ₹600?

by Live mint | May 6, 2026 8:20 am | Indian Stocks, Market, News

Coal India has always been known for its strong dividend yield. We analyse the prospects of the company in the next few years.

Man charged in US with stealing $450 million from Mexican billionaire in loan scheme

by Live mint | May 6, 2026 7:05 am | Indian Stocks, Market, News

Man charged in US with stealing $450 million from Mexican billionaire in loan scheme

A ₹15,000-crore wipeout: how Xiaomi lost India’s smartphone race to Vivo, Samsung and Apple

by Live mint | May 6, 2026 6:16 am | Indian Stocks, Market, News

Once India’s top smartphone brand, Xiaomi has slipped out of the top five as rivals dominate a market reshaped by premiumization, retail expansion,and shifting consumer demand.

Why Google DeepMind workers in UK are trying to unionise over company’s Pentagon AI deals

by Live mint | May 6, 2026 6:15 am | Indian Stocks, Market, News

Google DeepMind employees in the UK have voted to unionise, demanding an end to Google’s Pentagon AI deal and military contracts. Here is what the landmark bid means for the future of AI ethics in the workplace.

Freshworks to cut 11% jobs as AI reshapes software sector

by Live mint | May 6, 2026 2:05 am | Indian Stocks, Market, News

FRESHWORKS-LAYOFFS/:Freshworks to cut 11% jobs as AI reshapes software sector

Fresh AI Disruption Selloff Hits Thomson Reuters Despite Strong Results

by Live mint | May 6, 2026 1:06 am | Indian Stocks, Market, News

Thomson Reuters Corp. shares fell despite positive first-quarter results after Anthropic PBC unveiled new artificial intelligence agents designed to handle a broader mix of financial services tasks.

Tata Power’s Bhutan hydro project gets $515 mn World Bank nod

by Live mint | May 6, 2026 12:06 am | Indian Stocks, Market, News

The project in eastern Bhutan, once completed, is set to generate 4,500GWh of clean electricity every year, with 80% of it to be exported to India during the peak summer season.

NSE’s profit falls 15% in FY26 as market activity moderates

by Live mint | May 5, 2026 10:06 pm | Indian Stocks, Market, News

A cooling derivatives market and a massive ₹1,391-crore provision for Sebi settlements weighed on annual earnings, even as a strong March quarter provided a boost ahead of the exchange’s planned IPO.

War-driven inflation dents L&T’s margin, company warns the effects may persist in FY27

by Live mint | May 5, 2026 10:05 pm | Indian Stocks, Market, News

As part of its new five-year plan, dubbed Lakshya 31, the company is aiming for 12-15% compounded annual growth in its revenues between FY26 and FY31. That translates to a top line of ₹5.8 trillion by FY31 at the upper end, double of FY26.

Kumar Mangalam Birla returns as Vodafone Idea non-executive chairman as AGR dues ease

by Live mint | May 5, 2026 10:05 pm | Indian Stocks, Market, News

The AGR clarity, along with the reappointment of Birla as its chairman, could provide a measure of certainty that could help Vodafone Idea unlock critical bank financing.

As Vedanta Group posts record FY26 earnings, Chairman Anil Agarwal lays out vision for a ‘very exciting new chapter’

by Live mint | May 5, 2026 9:11 pm | Indian Stocks, Market, News

Vedanta Group reported a record profit of ₹25,096 crore in FY26, driven by a revenue of ₹1,74,075 crore. The company plans a demerger to create sector-focused entities, enhancing growth strategies and financial flexibility, with significant investments in aluminium,...

Emcure doubling down on biosimilars pipeline: MD Satish Mehta

by Live mint | May 5, 2026 9:10 pm | Indian Stocks, Market, News

Emcure currently has six biosimilars in the market, launched through its subsidiary Gennova Biopharmaceuticals. While it has developed these in-house so far, the drugmaker will also scout for partners with products not in their pipeline, for commercialisation in India...

Hero MotoCorp Q4 results: Net profit jumps to nearly ₹1,474 crore; dividend of ₹75 announced for eligible shareholders

by Live mint | May 5, 2026 9:10 pm | Indian Stocks, Market, News

Hero MotoCorp reported a net profit of ₹1,473.93 crore for Q1, marking a 26% year-on-year increase. A final dividend of ₹75 was recommended, pending shareholder approval. Details here.

Kumar Mangalam Birla appointed Non-Executive Chairman of Vodafone Idea Board

by Live mint | May 5, 2026 9:09 pm | Indian Stocks, Market, News

Vodafone Idea on 5 May informed the exchanges that its Non-Executive Director Kumar Mangalam Birla has been appointed as the Non-Executive Chairman of the Board of Directors of Vodafone Idea Limited.

M&M’s Anish Shah shifts focus to AI as profits surge in his fifth year at helm

by Live mint | May 5, 2026 8:11 pm | Indian Stocks, Market, News

The Mahindra group’s has crafted an AI strategy to increase revenue, which surged 26% year-on-year 2025-26.

Libas looks beyond ethnic wear, gears up for FY28 IPO

by Live mint | May 5, 2026 2:22 pm | Indian Stocks, Market, News

Libas’s intent to expand into a multi-brand player comes against a challenging backdrop for apparel retailers, as macro slowdown in the mid-premium category has driven some industry consolidation

US PE firm Recognize, armed with $1.7 billion fund, scouts for niche IT service companies in India

by Live mint | May 5, 2026 1:20 pm | Indian Stocks, Market, News

Recognize, a private equity firm founded by former Cognizant CEO, emphasizes operational involvement and believes smaller IT firms will adapt to AI advancements more quickly than larger competitors.

Anthropic partners with Blackstone, Goldman Sachs in $1.5 billion push to bring Claude AI to enterprises

by Live mint | May 5, 2026 1:19 pm | Indian Stocks, Market, News

Anthropic has launched a new AI services company in collaboration with Blackstone, Hellman & Friedman, and Goldman Sachs. 

Kiran Mazumdar-Shaw names niece as successor, but she is ‘not hanging up boots yet’; who is Claire Mazumdar?

by Live mint | May 5, 2026 1:16 pm | Indian Stocks, Market, News

Kiran Mazumdar of Biocon names her niece, Claire Mazumdar, as her successor, with a gradual transition over five years. She remains focused on advancing biotechnology and AI integration within the company while preparing for growth. 
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