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Brown University cuts stake in Blue Owl private credit fund by over 50%

by Live mint | May 2, 2026 3:04 am | Indian Stocks, Market, News

BROWN UNIVERSITY-BLUE OWL/:Brown University cuts stake in Blue Owl private credit fund by over 50%

US Sanctions Iranian Exchanges, China Terminal on Oil Purchases

by Live mint | May 2, 2026 1:04 am | Indian Stocks, Market, News

The Trump administration sanctioned three Iranian currency exchanges and a Chinese oil terminal on Friday, as the US adds to pressure on Tehran to end the war and reopen the Strait of Hormuz.

Jindal Steel FY26 profit up 20%, but costs weigh on margins

by Live mint | May 1, 2026 11:07 pm | Indian Stocks, Market, News

Jindal Steel reported record production in FY26, with net profit rising 20% and revenue up 8% on higher volumes and firm steel prices.

Spirit Airlines preparing for total shutdown after bailout talks fail, stock crashes 74%

by Live mint | May 1, 2026 10:05 pm | Indian Stocks, Market, News

Discount carrier Spirit Airlines, a subsidiary of Spirit Aviation Holdings, is moving toward a total shutdown of operations following its failure to garner necessary creditor support for a federal bailout, a report said

Aster DM targets 15,000 beds by FY30 post merger with Quality Care

by Live mint | May 1, 2026 9:10 pm | Indian Stocks, Market, News

The company seeks to raise its margins from 21% currently to 200-300 basis points higher over the next three years.

Indus Towers flags delays, cost pressures as LPG supply tightens amid West Asia conflict

by Live mint | May 1, 2026 8:09 pm | Indian Stocks, Market, News

Indus Towers has flagged manufacturing disruptions as LPG shortages, critical for steel galvanisation, could slow production and push up costs.

Proxy advisory firm asks RBI to reject Tata Sons’ bid to surrender licence

by Live mint | May 1, 2026 7:15 pm | Indian Stocks, Market, News

InGovern Research Services said Tata Sons’ attempt to surrender its registration as a core investment company was ‘dead on arrival’, and that the holding company must be ordered to list on the exchanges.

Amid scorching heatwave, Zomato, Blinkit expand ‘insurance plan, SOS support’ and more for gig workers

by Live mint | May 1, 2026 4:11 pm | Indian Stocks, Market, News

The programme also offers personal accident insurance with ₹10 lakh coverage in case of accidental death. In addition, delivery partners and their families — including spouse and children — can access teleconsultations and online doctor services.

Mint Explainer: Why Reliance Retail is backing loss-making celebrity brands

by Live mint | May 1, 2026 3:09 pm | Indian Stocks, Market, News

Despite near-term financial pressures, celebrity-led brands may offer some strategic advantage for a player like Reliance Retail. Execution, however, will continue to be a challenge

Visa bets on cheaper tech and consumer choice to take on the UPI juggernaut

by Live mint | May 1, 2026 3:06 pm | Indian Stocks, Market, News

UPI’s share of India’s digital payments volume rose to 84% in 2025, but the global payments major believes it can stay competitive by benchmarking merchant pricing against domestic rivals and tweaking its unit economics if needed, a top Visa India executive told...

Inside Burgundy Brand Collective’s bet on India’s rising luxury appetite

by Live mint | May 1, 2026 2:09 pm | Indian Stocks, Market, News

Burgundy Brand’s expansioncomes as India’s luxury consumption story broadens to newer cities where affluent consumers are spending more across categories from fashion and food to home and lifestyle.

JPMorgan Executive Lorna Hajdini’s old remark in spotlight amid allegations of sexual assault: ‘You are a force….’

by Live mint | May 1, 2026 12:15 pm | Indian Stocks, Market, News

A former JPMorgan employee has filed a lawsuit against Executive Lorna Hajdini, alleging sexual abuse and racial harassment. The claims include coercion into sexual acts and threats regarding promotions. 

Apple bucks India’s smartphone slump with double-digit growth in March quarter; Cook ‘over the moon’

by Live mint | May 1, 2026 12:14 pm | Indian Stocks, Market, News

Outgoing CEO Tim Cook reports an 18th straight record quarter as the tech giant captures a 25% value share in the world’s second-largest smartphone market.

Lorna Hajdini sexual abuse case: JP Morgan colleagues call Chirayu Rana ‘socially awkward’, question claims

by Live mint | May 1, 2026 12:11 pm | Indian Stocks, Market, News

Chirayu Rana, a former JP Morgan employee, filed a sexual abuse case against Lorna Hajdini, describing her as socially awkward. Internal investigations found no evidence supporting his claims, and Rana sought a multi-million payout after alleging harassment and abuse...

JPMorgan breaks silence on the Lorna Hajdini sexual abuse case: ‘extensive internal probe reveals…’

by Live mint | May 1, 2026 11:14 am | Indian Stocks, Market, News

JPMorgan denied allegations in the Lorna Hajdini sexual abuse case after a former employee, John Doe, accused her of drugging and coercing him. 

The House of Rare bets on lifestyle pivot, quick commerce to fuel growth

by Live mint | May 1, 2026 9:06 am | Indian Stocks, Market, News

The company is set to launch women’s sneakers in June, and plans to introduce girlswear under its kidswear brand Rare Ones by January next year, while also scaling categories such as luggage and fragrances. It’s also exploring faster delivery timelines and...

Who is Chirayu Rana? Man behind sexual abuse allegations against JPMorgan’s Lorna Hajdini—what new reports reveal

by Live mint | May 1, 2026 7:16 am | Indian Stocks, Market, News

Chirayu Rana, a former JPMorgan employee, has been identified as the plaintiff in a lawsuit against Lorna Hajdini, alleging sexual abuse and harassment. An internal investigation found no evidence supporting the claims. 

Reliance sells unit to former associate company, in test of Sebi’s related party transaction rules

by Live mint | May 1, 2026 6:09 am | Indian Stocks, Market, News

The sale of a profitable project and property management Reliance subsidiary to a company with minimal revenue and a prior association raises questions whether the deal violates the spirit of Sebi’s related party transaction rules.

Tata Sons can’t escape RBI’s public funds net

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

The move complicates matters for the holding company of the Tata group, which has been trying to stay private, especially since RBI introduced its scale-based supervision of non-bank lenders.

Blue Owl sold about half its SpaceX holding at $1.25 trillion valuation, co-CEO says

by Live mint | May 1, 2026 2:06 am | Indian Stocks, Market, News

BLUE-OWL-RESULTS-SPACEX:Blue Owl sold about half its SpaceX holding at $1.25 trillion valuation, co-CEO says
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