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Despite price recovery, Tata Steel postpones UK breakeven by another 12 months amid rising costs

by Live mint | April 9, 2026 7:10 pm | Indian Stocks, Market, News

The development underscores Tata Steel’s delicate balancing act in the UK, where it has struggled with structurally higher costs, including energy and logistics, even as market conditions begin to improve.

TCS announces salary hike for employees across all grades starting April 1

by Live mint | April 9, 2026 7:09 pm | Indian Stocks, Market, News

Tata Consultancy Services announced an annual salary hike for all employees effective 1 April 2026, though the increment rate is undisclosed. Details here.

Bay Capital Partners aims for ₹1,500 crore in new growth crossover fund

by Live mint | April 9, 2026 7:07 pm | Indian Stocks, Market, News

Bay Capital Partners is launching a ₹1,500 crore crossover fund led by Sandeep Barasia and Tej Kapoor to back late-stage digital firms. The fund targets 10–15 high-growth companies preparing for public listings within the next three years.

TCS headcount rises marginally in Q4 FY26 amid reports of higher senior-level attrition

by Live mint | April 9, 2026 5:12 pm | Indian Stocks, Market, News

Tata Consultancy Services (TCS) saw a slight rise in its employee count, adding approximately 2,300 employees in Q4 FY26 even as reports suggested that there has been a higher senior-level attrition rate. 

Cycle Pure buys stake in Satvik to spark digital growth in India’s $35 billion spiritual products market

by Live mint | April 9, 2026 3:11 pm | Indian Stocks, Market, News

The incense giant expands its reach beyond traditional agarbatti, aiming for young consumers and online sales through a strategic e-commerce acquisition.

India’s first class action suit teeters as lead shareholder exits Jindal Poly Films case

by Live mint | April 9, 2026 3:10 pm | Indian Stocks, Market, News

Ankit Jain’s withdrawal after selling his stake forces the NCLT to decide if a new petitioner can step in rescue the landmark ₹2,500-crore siphoning case.

Nuvama-backed Ozone Overseas to raise up to ₹1,500 cr via IPO; appoints bankers

by Live mint | April 9, 2026 1:09 pm | Indian Stocks, Market, News

If it goes as planned, Ozone Overseas will file its draft papers for the IPO by the end of this financial year.

Paramount President Jeff Shell resigns amid insider leak lawsuit — his second controversial exit in 3 years

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

Jeff Shell is leaving Paramount Skydance Corp after a lawsuit alleged he leaked sensitive company information to a professional gambler. This marks his second high-profile exit from a leadership role in three years, following his dismissal as CEO of NBCUniversal in...

Disney layoffs: Entertainment giant to cut 1,000 jobs in coming weeks, says report; who is affected?

by Live mint | April 9, 2026 9:05 am | Indian Stocks, Market, News

This is the first major round of layoffs at Disney after new chief executive officer, Josh D’Amaro, took on his role.

Indian-origin engineers gain leadership roles as Musk’s xAI undergoes major overhaul ahead of SpaceX IPO — Who are they?

by Live mint | April 9, 2026 8:06 am | Indian Stocks, Market, News

Devendra Chaplot, who joined xAI last month, will lead pre-training. This comes ahead of the SpaceX IPO. Here are the other Indian-origin engineers who will lead key teams at the AI company.

Oracle’s new CFO comes from the power industry. That tells you everything.

by Live mint | April 9, 2026 7:20 am | Indian Stocks, Market, News

In 2026, capital intensity is the name of the game at Oracle.

Kluisz rebrands as Nava, raises $21.7 million to build AI neocloud platform

by Live mint | April 9, 2026 6:09 am | Indian Stocks, Market, News

The startup is shifting from private cloud services to GPU-as-a-service infrastructure as investors bet on rising demand for AI computing capacity.

Food takes centre stage in Ikea India’s growth strategy

by Live mint | April 9, 2026 6:06 am | Indian Stocks, Market, News

IKEA India’s innovative F&B playbook is boosting repeat visits and extending dwell time, emerging as a key driver of its financial turnaround.

Exclusive: True North, TA revive plan to sell ACT Fibernet in $1 bn deal

by Live mint | April 9, 2026 6:05 am | Indian Stocks, Market, News

Five years ago, Swiss firm Partners Group had agreed to buy ACT Fibernet at an enterprise value of around $1.2 billion. But the deal fell through. Will it be second time lucky for ACT owners True North and TA Associates?

Banks Selling $3 Billion Debt for Meta’s Prometheus Data Center

by Live mint | April 9, 2026 2:06 am | Indian Stocks, Market, News

A group of banks including Natixis SA, Mitsubishi UFJ Financial Group Inc. and Societe Generale SA have started selling $3 billion of loans for a data center in Ohio backed by Meta Platforms Inc., the latest deal supporting the buildout of artificial intelligence...

US banks could release $320 billion in capital with new draft rules, analysts say

by Live mint | April 9, 2026 1:09 am | Indian Stocks, Market, News

USA-BANKS/CAPITAL:US banks could release $320 billion in capital with new draft rules, analysts say

Amazon denies reports of 14,000 layoffs planned for May: ‘…not based in fact’

by Live mint | April 8, 2026 10:05 pm | Indian Stocks, Market, News

Amazon has denied reports that it is planning for another round of mass layoffs in May 2026. The company, rejecting such claims, said these reports are ‘not based on fact’.

TikTok plans second billion-dollar data centre in Finland in move to store European user data locally

by Live mint | April 8, 2026 7:09 pm | Indian Stocks, Market, News

The move follows parent company ByteDance successfully averting a US ban in January regarding data security, while European regulators simultaneously intensify scrutiny on social media platforms concerning child safety and addictive algorithmic designs.

Neo Alternative Asset Managers plots ₹2,000-crore realty debut with Walton Street veterans

by Live mint | April 8, 2026 6:09 pm | Indian Stocks, Market, News

The new residential-focused vehicle aims to capitalize on a growing credit gap as traditional lenders tighten funding for mid-market developers.

IndiGo’s incoming CEO flags gap in India’s long-haul capacity, calls wide body jet shortage a ‘scandal’- Report

by Live mint | April 8, 2026 6:06 pm | Indian Stocks, Market, News

Walsh is currently the director general of the International Air Transport Association. He succeeds Pieter Elbers who resigned as IndiGo’s CEO in March this year, citing personal reasons
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