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Apollo Hospitals bets on expansion, clinical edge to maintain lead

by Live mint | May 20, 2026 11:06 pm | Indian Stocks, Market, News

Apollo Hospitals plans to add 1,500 beds in the next 12-18 months to strengthen its lead in India’s private healthcare market. The company reported strong FY26 growth across hospitals, diagnostics and pharmacy businesses, aided by expansion and clinical...

Navi Mumbai airport can hike passenger fees by 6% from next April, regulator says

by Live mint | May 20, 2026 10:10 pm | Indian Stocks, Market, News

At ₹620 for departing domestic passengers and ₹270 for those arriving, Navi Mumbai airport already has the second-highest user development fees of any major Indian airport.

Meta layoff: Here is what 8,000 employees let go will receive as severance package

by Live mint | May 20, 2026 10:09 pm | Indian Stocks, Market, News

Meta has begun laying off 8,000 employees globally as part of its restructuring to focus on AI. Affected workers will receive severance packages, with US employees getting 16 weeks of pay and healthcare coverage. This round of layoffs represents nearly 10% of...

Ola Electric misses FY26 revenue guidance, cuts losses in reset year

by Live mint | May 20, 2026 10:06 pm | Indian Stocks, Market, News

On Wednesday, the Bengaluru-based company posted a 50% year-on-year decline in FY26 revenue at ₹2,253 crore, well below its ₹3,000-3,200 crore guidance issued in November. Ola Electric attributed the miss to an operational reset and higher investments in in-house cell...

Jubilant FoodWorks sees near-term margin hit as costs rise

by Live mint | May 20, 2026 10:05 pm | Indian Stocks, Market, News

Jubilant FoodWorks faced multiple inflationary headwinds, particularly from LPG and PNG prices, wage inflation and rising logistics-linked commodity costs.

HR has no value in startups: Bolt CEO Ryan Breslow explains why, ‘When I let them go…’

by Live mint | May 20, 2026 9:14 pm | Indian Stocks, Market, News

Ryan Breslow abandoned progressive policies to revive Bolt, eliminating four-day workweeks and unlimited PTO. After a severe valuation drop, he returned as CEO.

AI layoffs: Artificial Intelligence will destroy certain jobs says HSBC CEO, urges staff to ‘not resist the change’

by Live mint | May 20, 2026 9:11 pm | Indian Stocks, Market, News

Amid AI job cuts, HSBC’s CEO Georges Elhedery encouraged staff to adapt and not resist technological changes. The bank may cut 20,000 roles, focusing on non-client-facing positions, while AI advancements are reshaping the workforce across the banking...

RIL tells SC KG Basin arbitration was international dispute, not domestic

by Live mint | May 20, 2026 8:09 pm | Indian Stocks, Market, News

Reliance Industries had not pursued the arbitration alone but had acted only as the operator under the production sharing contract on behalf of the entire consortium comprising it, BP and Niko, argues RIL lawyer.

At 100, the Bajaj Group is writing a new chapter—on healthcare

by Live mint | May 20, 2026 6:14 pm | Indian Stocks, Market, News

After 100 years of saying no to diversification, one of India’s fastest-growing wealth engines is finally scratching its ultimate itch. Powered by a ₹5,800-crore dividend chest, the billionaire cousins from the Bajaj Group have said ‘yes’ to one sector:...

Parle Melody goes stock out as PM Modi gifts the toffee to Italian counterpart Meloni

by Live mint | May 20, 2026 6:12 pm | Indian Stocks, Market, News

An unrelated stock with the Parle name in the real estate segment hit a 5% upper circuit thanks to the news on Wednesday. 

Alembic Pharma bets on branded drugs in the US

by Live mint | May 20, 2026 5:10 pm | Indian Stocks, Market, News

While the company hopes to push into branded speciality drugs, which offer a better value proposition in the US, its core generics business will continue to remain a priority

BPCL taps US LPG spot market for first time amid Gulf supply disruption

by Live mint | May 20, 2026 4:16 pm | Indian Stocks, Market, News

BPCL has imported LPG cargoes from the US for the first time as India diversifies energy supplies amid West Asia conflict and Strait of Hormuz disruptions. The move aims to reduce dependence on the region, which earlier supplied nearly 90% of India’s LPG...

Air India group active fleet shrinks while rivals expand summer capacity

by Live mint | May 20, 2026 4:15 pm | Indian Stocks, Market, News

Air India is flying up to 5% fewer domestic flights and nearly 40% fewer international routes this summer versus a year ago, squeezed by a depleted fleet, soaring jet fuel costs, and wartime airspace closures. 

‘Future of Standard Chartered depends on talent’: CEO tells staff after ‘lower-value human capital’ comment backfires

by Live mint | May 20, 2026 3:24 pm | Indian Stocks, Market, News

Bill Winters, CEO of Standard Chartered, addressed staff regarding concerns over automation and AI replacing jobs. He emphasized the bank’s commitment to workforce evolution and the importance of talent for its future. 

AI will create jobs—but not fast enough: Management guru Ram Charan sounds a warning

by Live mint | May 20, 2026 2:09 pm | Indian Stocks, Market, News

India Inc. is facing a three-way squeeze from artificial intelligence, currency pressure, and shifting work models, with CEOs increasingly focused on cash, jobs and productivity, says Ram Charan, the man Fortune 100 leaders seek counsel from to navigate their business...

4 am layoff email: Meta starts alerting 8,000 employees about job cuts, reassigns 7,000 to new AI-powered teams

by Live mint | May 20, 2026 1:25 pm | Indian Stocks, Market, News

The announcement followed Meta’s commitment of more than $100 billion to capital expenditures towards artificial intelligence (AI).

Blackstone pledges all its Mphasis shares to raise $700 million and refinance loan

by Live mint | May 20, 2026 11:26 am | Indian Stocks, Market, News

Blackstone has pledged its 30.55% stake in Mphasis Ltd to refinance a loan, raising at least $700 million. This marks the first instance of an IT services company owner using shares as collateral for loans, amid declining stock prices in the sector.

LinkedIn sacks over 600 employees across roles, as Meta begins AI-driven layoffs: Report

by Live mint | May 20, 2026 11:25 am | Indian Stocks, Market, News

LinkedIn CEO Daniel Shapero’s memo reportedly said that the company would reduce roles across marketing, engineering, product and other business functions.

Golf-LIV Golf focused on long-term funding solution amid reports of potential bankruptcy plan

by Live mint | May 20, 2026 6:15 am | Indian Stocks, Market, News

GOLF-LIV-SAUDI-BANKRUPTCY:Golf-LIV Golf focused on long-term funding solution amid reports of potential bankruptcy plan

Muthoot FinCorp is trying to sell a fintech story without behaving like a fintech

by Live mint | May 20, 2026 6:15 am | Indian Stocks, Market, News

Muthoot FinCorp has approved a ₹4,000 crore IPO as it repositions itself from a gold-loan lender into a financial services company. The pitch hinges on whether investors will reward a firm that wants fintech-style scale but is unwilling to take fintech-style credit...
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