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Nuvama’s PE arm raises focus on manufacturing, invests ₹200 cr in Chennai-based Val-Met Engineering

by Live mint | April 13, 2026 6:14 am | Indian Stocks, Market, News

Nuvama Private Equity has acquired a minority stake in Val-Met Engineering for ₹200 crore to capitalize on the aerospace and defence manufacturing boom. The investment aims to scale the specialized material supplier into a global player through tech upgrades and...

Nuvama’s PE arm raises focus on manufacturing, invests ₹200 cr in Chennai-based Val-Met Engineering

by Live mint | April 13, 2026 6:14 am | Indian Stocks, Market, News

Nuvama Private Equity has acquired a minority stake in Val-Met Engineering for ₹200 crore to capitalize on the aerospace and defence manufacturing boom. The investment aims to scale the specialized material supplier into a global player through tech upgrades and...

Air India to offer stock options tied to performance

by Live mint | April 13, 2026 6:13 am | Indian Stocks, Market, News

Eligible employees, including pilots, engineers and senior management, will have the right to buy shares later, once they have been granted stock options, at a price between the face value of ₹4 per share and the fair market value on the grant date.

Tata Sons’ exit door from upper layer NBFC list narrows

by Live mint | April 13, 2026 6:12 am | Indian Stocks, Market, News

New norms, currently a draft circular, take away a part of RBI’s discretion to decid who gets to be on the list. The defining criteria for a non-bank to enter the club is if it has assets of ₹1 trillion or more. Tata Sons had total assets of ₹1.75 trillion on a...

Has the Death of the Department Store Reached Japan?

by Live mint | April 13, 2026 3:04 am | Indian Stocks, Market, News

Has the demise of the department store finally arrived in Japan, which has held on to them longer than most?

An exclusive 23-story Miami hotel vanishes in a 15-second implosion

by Live mint | April 12, 2026 8:06 pm | Indian Stocks, Market, News

An exclusive 23-story Miami hotel vanishes in a 15-second implosion

8 out of 10 most India’s valuable companies add ₹4.13 lakh crore mcap amid US-Iran ceasefire; HDFC, ICICI Bank top list

by Live mint | April 12, 2026 2:11 pm | Indian Stocks, Market, News

From the top-10 pack, HDFC Bank, Bharti Airtel, State Bank of India, ICICI Bank, Tata Consultancy Services (TCS), Bajaj Finance, Larsen & Toubro and Hindustan Unilever were the winners, while Reliance Industries and Infosys faced erosion from their...

TCS makes 25,000 fresher offers in FY27, says more hiring hinges on demand: Report

by Live mint | April 12, 2026 2:11 pm | Indian Stocks, Market, News

TCS has made 25,000 fresher offers in FY27, down from 44,000 last year, with CEO K Krithivasan telling PTI that further campus hiring will depend on how demand conditions unfold across segments and geographies.

TCS payouts to Tata Sons fall as acquisitions, AI push weigh on cash flows

by Live mint | April 12, 2026 1:06 pm | Indian Stocks, Market, News

Its latest payout of ₹28,292.1 crore in the financial year ended March 2026 was lower than the previous year’s ₹32,184.2 crore, marking the third decline in total shareholder returns  over the past six years, and the fourth such fall since the company went...

Lufthansa Crew Strike Set to Cancel More Than 500 Flights

by Live mint | April 12, 2026 11:11 am | Indian Stocks, Market, News

Air travelers in Germany face significant disruptions on Friday from a walkout at Deutsche Lufthansa AG that’s set to cause hundreds of flight cancellations at major hubs just as people return from their Easter vacation.

How Oracle’s huge AI build-out is causing a cash crunch and layoffs

by Live mint | April 12, 2026 7:04 am | Indian Stocks, Market, News

Once a cash-generating software stalwart, Oracle has transformed into a debt-heavy infrastructure builder. The strain is showing.

Pilots’ union calls for 48-hour strike at Lufthansa starting April 13

by Live mint | April 11, 2026 11:04 pm | Indian Stocks, Market, News

The union stated that the airline failed to provide a negotiable offer, prompting a walkout that will affect Lufthansa, Lufthansa Cargo, and Lufthansa CityLine through April 14

IBM to pay $17 million as settlement linked to anti-DEI probe — What was the tech major accused of?

by Live mint | April 11, 2026 10:09 am | Indian Stocks, Market, News

The settlement comes as the first resolution from the US Justice Department’s unit formed last year called “Civil Rights Fraud Initiative” to crack down on DEI policies using a civil anti-fraud law.

Kalshi wins reprieve from Arizona criminal case at CFTC’s urging

by Live mint | April 11, 2026 10:06 am | Indian Stocks, Market, News

Kalshi Inc. won a temporary reprieve from criminal prosecution in Arizona when a judge suspended the case at the behest of a federal regulator.

Sam Altman’s home hit by Molotov cocktail, OpenAI CEO shares rare family photo in first reaction — ‘We try to be…’

by Live mint | April 11, 2026 8:06 am | Indian Stocks, Market, News

San Francisco police arrested a 20-year-old man for allegedly throwing a Molotov cocktail at Sam Altman’s home in the city and for making threats outside the artificial intelligence startup’s headquarters, OpenAI said on Friday.

RBI proposals for large NBFCs leaves Tata Sons as only unlisted one

by Live mint | April 11, 2026 6:04 am | Indian Stocks, Market, News

The RBI has proposed changes to regulations for non-banking financial companies, simplifying criteria for upper layer NBFCs. The status of Tata Sons, which faces internal disagreements among its shareholders on a listing, remains unclear as it had previously...

Bessent, Powell warned bank CEOs about Anthropic model risks, sources say

by Live mint | April 11, 2026 3:05 am | Indian Stocks, Market, News

USA-BANKS-ANTHROPIC-CYBERSECURITY:Bessent, Powell warned bank CEOs about A

Boaz Weinstein Scores Win After UK Trust Backs SpaceX Proposal

by Live mint | April 11, 2026 1:05 am | Indian Stocks, Market, News

A Baillie Gifford & Co. trust that placed an early bet on SpaceX recommended a proposal backed by activist investor Boaz Weinstein after losing a key shareholder vote.

Chandrasekaran urges Air India to stay the course amid turbulence

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

“Our future is bright and we have laid a strong foundation for our ambitions, but we are going through a challenging period, the impact of which is most visible across the airline industry,” Chandrasekaran reportedly told employees in a townhall at Air India’s...

Swiggy co-founder Nandan Reddy steps down; Phani Kishan and Rahul Bothra join board in leadership rejig

by Live mint | April 10, 2026 8:09 pm | Indian Stocks, Market, News

Lakshmi Nandan Reddy, co-founder of Swiggy, resigns to pursue other interests. Two other executives will join the board. Details here. 
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