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Shoemaker Allbirds stock jumps nearly 400% after rebranding to AI company

by Live mint | April 15, 2026 10:06 pm | Indian Stocks, Market, News

Allbirds shares soared close to 400% after announcing a shift to AI compute infrastructure, backed by a $50 million financing deal. The company plans to rebrand as ‘NewBird AI’ and exit the footwear market.

LIC must bridge tech gap with private peers, says DFS secretary Nagaraju

by Live mint | April 15, 2026 9:09 pm | Indian Stocks, Market, News

Nagaraju said he was ‘a little surprised’ to learn LIC was among the first companies in India to adopt mainframe systems, adding, ‘we must reflect on why we have fallen behind in recent years in technology adoption’.

Tata Motors bets on flexible powertrain production lines even as EV bus momentum grows

by Live mint | April 15, 2026 8:16 pm | Indian Stocks, Market, News

Tata Motors is avoiding dedicated EV bus production lines, opting for flexible manufacturing to respond to shifting demand across diesel, CNG and electric buses in a tender-driven market.

Snap to axe 1,000 staff: Snapchat parent faces pressure from activist investor, shares climb over 5% in premarket

by Live mint | April 15, 2026 6:07 pm | Indian Stocks, Market, News

The Snapchat parent company will also eliminate over 300 vacant positions, aiming to slash annualized expenses by more than $500 million by the latter half of this year.

Wipro to buy select contracts from California IT firm Alpha Net for $71 million to enhance AI, consulting services

by Live mint | April 15, 2026 2:25 pm | Indian Stocks, Market, News

The deals aim to enhance Wipro’s AI-driven services and are expected to boost annual revenue by $173.3 million amid macroeconomic uncertainties.

Air India asks Tata, Singapore Air for funds after $2.4 billion loss

by Live mint | April 15, 2026 1:11 pm | Indian Stocks, Market, News

Air India Ltd. racked up a wider-than-expected annual loss of more than ₹220 billion rupees ($2.4 billion), prompting the company to seek financial aid from its shareholders, according to people familiar with the situation.

Racing driver Jehan Daruvala changes lanes, joins Sterling and Wilson Group to redefine his ‘fast track’ career

by Live mint | April 15, 2026 6:06 am | Indian Stocks, Market, News

The fourth-generation scion, 27, has swapped race suits for a corporate role, embracing a new kind of ‘fast track’ by securing deals and driving projects in his family’s growing renewable energy and data centre empire.

Rising digital ad costs push brands to rethink e-commerce growth strategy

by Live mint | April 15, 2026 5:04 am | Indian Stocks, Market, News

Brands are moving beyond marketplace-led growth, focusing on retention and efficiency as declining ad returns and rising costs push a shift towards more sustainable business models.

Pittsburgh Post-Gazette announces it has found a buyer to keep the newspaper open

by Live mint | April 15, 2026 1:06 am | Indian Stocks, Market, News

Pittsburgh Post-Gazette announces it has found a buyer to keep the newspaper open

Fintech SumUp Lines Up Banks for Possible London IPO

by Live mint | April 15, 2026 1:05 am | Indian Stocks, Market, News

SumUp Payments Ltd. is lining up investment banks to arrange a potential initial public offering in London, according to people familiar with the matter, in what could be one of the biggest listings the UK capital has seen in recent years.

BoEs Bailey sees major cybersecurity risks in new Anthropic model

by Live mint | April 15, 2026 12:06 am | Indian Stocks, Market, News

BRITAIN-BOE-BAILEY:BoE’s Bailey sees major cybersecurity risks in new Anthropic model

‘300 employees laid off without notice’: Zoho responds to viral post alleging mass layoffs

by Live mint | April 14, 2026 11:05 pm | Indian Stocks, Market, News

Zoho clarified that the post confused its internship programme with full-time employment. According to the company, no full-time employees were laid off.

Race for AI-developed drugs heats up: Wegovy-maker Novo Nordisk ties up with OpenAI after rival Eli Lilly seals deal

by Live mint | April 14, 2026 7:15 pm | Indian Stocks, Market, News

Danish drugmaker Novo Nordisk is partnering with ChatGPT’s parent company, OpenAI, to bring ‘better treatment options’ for patients. The development comes as pharma companies are increasingly relying on AI to boost R&D and operations.

Everstone invests $270 million in Apothecon Group for a significant stake

by Live mint | April 14, 2026 5:10 pm | Indian Stocks, Market, News

Everstone said it will focus on accelerating the company’s product pipeline, expanding its commercial reach into new geographies, and pursuing complementary acquisitions.

AvenuesAI begins work on on-premise small language models amid growing data privacy demands

by Live mint | April 14, 2026 4:10 pm | Indian Stocks, Market, News

AvenuesAI is delivering a fully customised, centralised platform that spans the entire lifecycle of a Small Language Model from pre-training on a client’s proprietary data corpus to on-premise deployment.

Innomotics to deepen India play post acquisition of Siemens’ motor biz

by Live mint | April 14, 2026 3:06 pm | Indian Stocks, Market, News

The acquisition is part of Innomotics’ long-term plan to bring its core business lines into the fold, since its split from Siemens in 2023.

Mint Interview | Ignore the noise, focus on consumers, says Zydus Wellness CEO amidst stock rally

by Live mint | April 14, 2026 3:05 pm | Indian Stocks, Market, News

Shares of the company have jumped 25% in the last month despite posting losses in the last two quarters but its CEO Tarun Arora is nonchalant about it — instead is focused on staying ahead of consumer expectations. In this interview, Arora talks of his...

Lululemon under probe by Texas Attorney General over ‘forever chemicals’ in activewear

by Live mint | April 14, 2026 2:14 pm | Indian Stocks, Market, News

Texas Attorney General Ken Paxton has launched a formal investigation into Lululemon over potential PFAS contamination in its activewear, even as the company says it stopped using the forever chemicals in early 2024.

AI and West Asia war hit campus hiring: Firms rescind offers, delay student onboarding

by Live mint | April 14, 2026 1:11 pm | Indian Stocks, Market, News

Campus hiring in India is showing early strain as AI boosts productivity and the West Asia conflict dampens demand. Firms like BrowserStack have rescinded some offers, while IIT and IIMs stipend or delay onboarding. While placements are on track, hiring is...

BharatPe co-founder, Shashvat Nakrani steps back to build something new

by Live mint | April 14, 2026 10:14 am | Indian Stocks, Market, News

At 19 he built BharatPe from a college dorm. Now Shashvat Nakrani is stepping away from daily operations, and hinting at something new. Here is what we know.
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