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Srinivasan on 2 April. Notably, this was a day before Mistry sought a probe by the Maharashtra Charity Commissioner, highlighting the restrictive clauses. Mint has seen Sharma's letter to all 11 trustees of Tata Trusts where he sought to clarify his position.“I was also informed that Mr.

Mint independently could not ascertain when Wilson’s notice ends, or whether the Tata Group has found a successor to steer the airline. An email sent to Air India seeking comment went unanswered.The Tata Group had hired Wilson from Singapore Airlines’ low-cost unit Scoot in May 2022, less than four months after the conglomerate acquired the government-run airline for ₹18,000 crore.

The Central Vigilance Commission (CVC) has given a clean chit to nine whole-time directors (WTDs) of various public sector banks, saying there were no adverse findings against them, two people aware of the development told Mint.Those cleared include Nidhhu Saxena (MD & CEO, Bank of Maharashtra), Bhavendra Kumar (executive director, Canara Bank), Mahendra Dohare (executive director, Central Bank of India), Bijay Baran Singh (executive director, Indian Bank), Ravi Mehra (executive director, Punjab & Sind Bank), and Vijaykumar Nivruti Kamble (executive director, UCO Bank), one of the people cited above said.A second person added that Rajiv Mishra (executive director, Bank of India), Brajesh Kumar Singh (executive director, Indian Bank), and Dhanraj T (executive director, Indian Overseas Bank) had also received clearance from the CVC.The development is significant as it comes at a time when the government has tightened oversight of board-level appointments in public sector banks following recent lapses and controversies related to vigilance disclosures. The clearances are seen as a critical filtering exercise amid heightened scrutiny of senior appointments.The move also comes against the backdrop of an unusual and high-profile action last year, in which the Centre demoted Union Bank of India Executive Director Pankaj Dwivedi to general manager at Punjab & Sind Bank.

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The government’s ₹20,000 crore credit guarantee support for the microfinance sector, announced on 21 March, comes at a crucial time for smaller non-banking finance company-microfinance institutions (NBFC-MFIs), which are grappling with tight liquidity and risk-averse lenders.In an interview, Sadaf Sayeed, chief executive officer of Muthoot Microfin in New Delhi, told Mint the move could unlock lending, revive financial inclusion and support sectoral growth. Edited excerpts:This is a very welcome step and something the industry has been requesting for a long time.

Wow! Momo Foods Pvt. Ltd, the Tiger Global-backed quick-service restaurant chain, is turning packaged foods into a major revenue driver.

A viral video clip of McDonald’s CEO Christopher Kempczinski eating the fast-food chain’s Big Arch burger has been memed and roasted across the internet. It surely cost him a little bit of his dignity. But that’s a small price to pay for the equivalent of millions of dollars in free publicity.

overreaction, with fundamentals remaining largely intact, it is a clear signal to buy. Otherwise, the downside looks pretty steep.

forward-deployed engineers—people who embed with customers to teach them how to use AI.On top of generous base salaries, Zhang has also seen companies offering profit-sharing agreements. Say someone is put in charge of a particular business vertical; they might now get promised 4% of its profits.Chris Vasquez, CEO of Quantum, which recruits teams for high-growth startups, says it’s no longer uncommon for startup workers in certain roles to be making the same total cash compensation as seasoned workers at companies like Meta and Google.“Prior to this, I’d probably never seen anyone over $300,000 on base salaries at seed companies,” says Vasquez.

Future wealth will be driven by active stock-picking, identifying newer growth segments currently outside the major indices and holding them through their growth phase, said Viraj Gandhi, chief executive officer (CEO) of Samco Mutual Fund.“In this volatile environment, shifting from a passive mindset to an active, selective strategy is the only way to navigate the new investment horizon.”Even as current market conditions offer a strong buying opportunity, he believes the old passive-playbook approach of sticking to large-cap indices is unlikely to work.Edited excerpts:The outlook depends on key leading indicators. If crude stays elevated for the next three to twelve months, fuelling global inflation, this could be the start of a deeper fall.

Bengaluru: In the real estate boom cycle, the flight to quality and premiumization have been defining trends. In a panel discussion on ‘Premiumization in real estate: opportunities and risks,’ at the recent Mint India Investment Summit (MIIS), experts spoke about what homebuyers, investors and occupiers want when they are buying an apartment or renting an office space.“The premiumization that is being talked about is really a quality correction that is happening in real estate.

Sebi) found that nine out of ten individual traders in the futures and options (F&O) segment lose money.It is a structural reality of a zero-sum game. When someone wins, someone else loses by exactly that amount, minus the fees extracted by brokers and exchanges on every single transaction.All that activity—the charts, the terminals, the WhatsApp tips, the YouTube gurus – produces nothing new. It merely redistributes money from the many to the few, while extracting fees along the way.This is the dung economy of personal finance.

About the authors: Tim Mahedy is the CEO and chief economist and Guy Berger is senior advisor, labor markets at Access/Macro.Guest commentaries like this one are written by authors outside the Barron’s newsroom. They reflect the perspective and opinions of the authors. Submit feedback and commentary pitches to [email protected] all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.

Mint reported on 19 March.Pure play companies in businesses such as solar module manufacturing and renewable power production are looking to enter adjacencies to not only capture a larger share of the renewable energy value chain, but also to achieve better costs, and thus margins, through backward integration, they said. This also helps them attract customers by offering turnkey solutions, eliminating the need for the client to engage with multiple vendors.Investors have also pushed companies to diversify to achieve better valuations over their pure-play peers that focus on one business, experts said.Companies such as Waaree Energies, Vikram Solar, Premier Energies, ACME Group, and Suzlon Energy are some of the players who have diversified after scaling their core business.

JioStar and Pocket FM have recently expanded their AI capabilities, focusing on streamlining story development, production workflows, and localisation, while improving content discovery and retention.Pocket FM said the focus is on building a differentiated, technology-led entertainment ecosystem rooted in strong storytelling and deep consumer insight."Over the past couple of years, we have strengthened our AI-powered recommendation systems to improve content discovery and retention, while also deploying our in-house AI Creator Suite to streamline story development, production workflows, and localisation,” said Prateek Dixit, co-founder - product, tech and AI, Pocket FM.The company has recently strengthened its AI leadership with the appointment of Vasu Sharma as head of AI, whose mandate includes advancing narrative intelligence, long-context reasoning, and scalable localisation capabilities, while ensuring that AI systems remain creator-first and ethically governed, Dixit said.“These investments enable us to accelerate content production, enhance personalisation, optimise cost structures, and scale global IP more efficiently, all while preserving the primacy of human creativity,” Dixit added.For long, Indian media companies focused on content while global players focused on product, data, and technology infrastructure alongside content, said Vijay Subramaniam, founder and group CEO of Collective Artists Network.“Our latest product is a cinema-native production technology platform, that brings together generative systems, LoRA (low rank adaptation)-driven character architecture, controlled shot pipelines, 3D/VFX integration, lip-sync, upscaling, quality control, and delivery into a single production environment,”

New Delhi: India imports around 50% of its liquefied natural gas (LNG) requirements from West Asia, and most of it is sourced from Qatar. With the ongoing blockade of the Strait of Hormuz and attacks on Ras Laffan industrial City, a large chunk of India's imports are halted. This supply crunch may impact several downstream industries in India including fertilizers and steel.

₹1.5 crore ground-floor apartment in central Delhi, listed at ₹1.2 crore, looked like a steal. Sanyam Jain thought so too and contacted the bank for details. The paperwork was clean and showed no dispute.

Keki Mistry, for a period of 90 days. So, we have 90 days for the board to undertake the process of examining the regulatory requirements for a part-time chairman. It is possible that if Mr.

The Centre on Friday launched a ₹20,000 crore credit guarantee scheme to revive bank lending to microfinance institutions (MFIs), as the sector grapples with persistent liquidity constraints despite improving asset quality.According to a paper issued by National Credit Guarantee Trustee Company (NCGTC), the Credit Guarantee Scheme for Microfinance Institutions–2.0 (CGSMFI-2.0) will be effective from 20 March 2026 and will cover loans sanctioned by member lending institutions (MLIs) to MFIs until 30 June 2026.It will provide guarantee cover for loans extended by these lenders to MFIs for on-lending to small borrowers, in line with Reserve Bank of India norms.The scheme builds on an earlier credit guarantee programme introduced in June 2021 to support microfinance lending during the covid-19 pandemic.“The sector has demonstrated strong improvement in credit quality and adherence to responsible lending practices.

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Small-cap funds, the most sought-after mutual fund category that has attracted majority of investor money in the last three years, have a problem — spotting specialized talent to run investments.As a result, several of them have managers running both large-cap and small-cap funds or have co-management teams in place or, in some instances, have even the chief investment officers (CIOs) listed as the primary fund manager of small-cap funds.Investors have put over ₹1.35 trillion into small-cap funds in three years through February, yet the number of fund managers equipped to run these schemes, which demands a distinct skill set, remains limited.Assets managed by small cap mutual funds more than doubled to ₹3.64 trillion in February from ₹1.32 trillion in February 2023. Number of folios, as mutual fund accounts are termed, in the segment also more than doubled to 28 million in the same period, according to industry lobby Association of Mutual Funds of India or Amfi.Mint analyzed all the small cap schemes and found that there are 31 asset management companies (AMCs) that offer both small-cap and large-cap schemes.Of these, 12 mutual funds have the same manager overseeing both large-cap and small-cap funds.Further, among a total of 34 small-cap schemes, 11 named the CIO or head of equities as the primary fund manager.Unlike in large-cap stocks where research coverage is vast, spotting good small stocks requires digging and peeling layers.