Performer Financial News

Subscribe to enjoy similar stories.Back in 2024, among the many international brands announcing their launches in India, global makeup giant Laura Mercier entered India through an omnichannel presence, including a store in Mumbai. Cut to 2026, the brand is re looking at its India strategy, relaunching in India with a different partner, Luxasia India. Ginny Wright, CEO, Orveon Global, whose portfolio also includes bareMinerals and BUXOM cosmetics, discusses their relaunch.

Subscribe to enjoy similar stories.The monthly mutual fund factsheet, primarily a standardized disclosure and compliance document, is evolving into a more carefully crafted communication tool for fund houses in an era where investors are more digital and informed.The shift reflects changing investor behaviour. Direct plans—where investors buy units directly from asset management companies without distributors—accounted for 49% of industry average assets under management in April 2026, up from 45% two years earlier, according to AMFI data.That rise suggests more investors are evaluating and comparing funds independently, increasing the importance of how fund houses present disclosures, portfolio positioning and performance context.Fund houses are now moving well beyond minimum disclosure requirements.Edelweiss Mutual Fund introduced a new factsheet format in 2026 called Fundverse, which includes rolling return analysis, portfolio overweight and underweight positions versus benchmarks, key return contributors, and SIP and SWP contribution breakdowns.Rolling return analysis, unlike trailing returns, measures performance across every possible holding period instead of one fixed start date, giving investors a broader view of consistency across market cycles.For instance, if an investor had invested in the Edelweiss Mid Cap Fund on 30 April 2021 and stayed invested till 30 April 2026, the fund would have delivered a 5-year trailing CAGR return of about 21.02%, turning ₹10,000 into nearly ₹25,968.

Subscribe to enjoy similar stories.American courts are not supposed to be venues for performance art. If counter-parties in a lawsuit do not have adverse interests—say, because they answer to the same person—judges balk. So when Donald Trump sued his own administration seeking $10bn in damages, the judge had questions.

Subscribe to enjoy similar stories.New Delhi: India’s efforts to diversify LPG supplies have gained momentum after state-run Bharat Petroleum Corporation Ltd (BPCL) made its first-ever spot purchases from the American market, a top company official said, as the country seeks to reduce dependence on West Asia amid ongoing conflict in the region.The development assumes significance as India imports 60-65% of its annual liquefied petroleum gas (LPG) requirement of 33 million tonnes, with nearly 90% of these imports sourced from West Asia, making it vulnerable to supply-chain disruptions amid the ongoing US-Iran tensions in the region.Although the mobilization period from the US is about 45 days, cargoes from North America would ease supply crunch faced by the world's second-largest LPG importer, said VRK Gupta, director (finance) at BPCL."For the first time, BPCL has procured 2 US cargoes of LPG on spot purchase basis which have arrived in the month of May 2026. Hence, even if it takes about 90 days (to and fro), cargoes from the US will ease the supply scenario," Gupta told Mint in an interview.These are very large gas carriers (VLGC), with a capacity of 45,000-48,000 tonnes.BPCL’s LPG business accounts for about 28% of the country’s liquefied petroleum gas market, covering 93.5 million cylinder connections.LPG is a sensitive issue in the country as it is used for cooking by nearly 340 million households.

Subscribe to enjoy similar stories.Remember what fund managers were telling you in the last quarter of 2025—that you must have gold in your portfolio? It included even those who had been advising you just a year or two before to sell the ‘unproductive’ gold you had at home and put it all in equities. Indian equity markets did not do well and gold did, so the advice changed. Unfortunately, this change came far too late.Investments from Indian investors into gold funds and exchange traded funds (ETFs) peaked in January, even exceeding equity flows.

Subscribe to enjoy similar stories.Stock market recap: Indian benchmark indices witnessed a highly volatile trading session on 19 May, surrendering strong morning gains to end marginally lower.The BSE Sensex fell 114.19 points, or 0.15%, to close at 75,200.85, while the Nifty 50 retreated from its intraday high of 23,782.30 to settle 31.95 points, or 0.14%, lower at 23,618.The late-session reversal was largely driven by macroeconomic concerns. The Indian rupee weakened to a fresh record low of 96.53 against the US dollar, while rating agency Icra Ltd trimmed India’s FY27 growth forecast amid elevated crude oil prices.Despite the weak close in benchmark indices, the broader market remained relatively resilient.

Subscribe to enjoy similar stories.India’s earnings season is sending a clear message to investors: Quarterly earnings beats alone are no longer enough to keep stocks flying.While several companies managed to reverse pre-result declines after reporting stronger revenue and profit growth, most of these gains faded quickly as investors shifted their focus to future guidance, valuation comfort, and earnings sustainability amid volatile market conditions.A Mint analysis of 866 BSE-listed companies that have declared their earnings so far shows that among stocks that declined ahead of results, only a limited set managed to stage a meaningful recovery after their March-quarter earnings announcements. Only companies where relevant information was available were considered.Of the 866 companies analysed, 46.4%, or 402 stocks, declined before their Q4FY26 results.

Subscribe to enjoy similar stories.To have a coffee delivered to an office in Shanghai, simply ask one of China’s artificial-intelligence super-apps to choose a brew on your behalf, press “confirm” and the beverage will be on its way. Delegating such important decisions brings risks, of course.

Subscribe to enjoy similar stories.BENGALURU: A month after Tata Consultancy Services Ltd (TCS) completed its largest retrenchment exercise, laying off about 2% of its workforce, the company asked managers during its latest appraisal cycle to place about 5% of its 584,519 employees in Band D, the lowest performance category, according to an internal email reviewed by Mint and independently confirmed by an executive.“Please review critically and share the list of associates who can be considered for Band D, thereby meeting the agreed 5% distribution,” said an email from a TCS HR executive to one of the business unit heads of the company in April.Business unit heads classified about 3% of employees, about 17,500 people, as underperformers, according to three other executives.The ratings have stoked fresh concerns among employees across India’s largest software services firm, especially after many of the 12,200 employees laid off in the recent retrenchment exercise were similarly rated.Top performers, meanwhile, received hikes of about 6%, according to annual salary increase letters sent to employees on Sunday.An email sent to TCS on 12 May seeking comment went unanswered till press time.While TCS, like peers Infosys Ltd and HCL Technologies Ltd, has long classified some employees as underperformers, executives said the explicit 5% Band D distribution has heightened concerns.“A couple of things stand out this time around. Until last year, it was understood that many employees would be placed in Band D, as in other IT companies.

Subscribe to enjoy similar stories.Shares of Tata Steel fell about 4% on Monday despite a robust March quarter performance, as concerns mounted over possible closure of its coke and gas plants (CGPs) in the Netherlands due to emission norm breaches.The stock reaction was driven by regulatory risks at Tata Steel Netherlands (TSN). In April, local agencies issued a letter to TSN expressing their intention to revoke permits for its 40–50-year-old CGPs, citing non-compliance with emission norms.While TSN could procure coke from the market if the units are shut, that would significantly dent profit margins and could render operations commercially unviable.The regulator’s move can impact the financial stability of TSN, “given the significance of the facilities to TSN’s operations,” the company said.

Subscribe to enjoy similar stories.It sounds like the investment opportunity of a lifetime: a chance to get in on one of the hottest names on Wall Street, before the company’s stock even starts trading.Financial advisers say buyer beware.It is technically possible for ordinary investors to get ahead of the coming oversize and high-profile public offerings expected in 2026—including SpaceX, OpenAI and Anthropic. Investors can get access through direct secondary marketplaces, exchange-traded funds that advertise private-company exposure and even crypto tokens that seek to mirror the performance of the company’s shares.But all those methods vary greatly in risk level and degree of actual ownership on offer, highlighted by Anthropic’s market-rattling warning this past week that it won’t recognize investments not approved by its board.

Subscribe to enjoy similar stories.It began with Tintin. Hergé’s comic books about a globe-trotting journalist who keeps getting into scrapes was irresistible source material at a time when cinema’s latest attraction was splashy travelogue adventures. But Tintin was a big enough deal that Francophone filmmakers were wary of not doing it justice.

Subscribe to enjoy similar stories.The fiscal year 2026-27 has just begun, but several small-cap stocks are already attracting market attention for their momentum.Despite volatility in the broader market, a few fundamentally strong smallcaps are witnessing sharp investors interest backed by strong earnings growth, robust order book, improving margins, and expanding business opportunities.Historically, some of the biggest wealth creators in the Indian stock market have emerged from the smallcap space, especially during the early phase of a new financial cycle.And interestingly, a fresh set of small-cap companies is now rapidly moving into the spotlight as investors hunt for the next phase of high-growth opportunities.Here are some of the top-performing smallcap stocks of FY27 till 11 May 2026 that have caught strong market attention with impressive performance and business growth potential.We focus on companies with consistent positive sales and net profit growth over the last 3 years, debt-to-equity below 1, ROE above 15%, and market capitalisation below ₹100 billion (bn).A leading manufacturer of winding and conductivity products used across transformers, renewable energy, power transmission, EVs, railways, and industrial infrastructure.The company has a diversified portfolio of more than 8,500 SKUs across copper and aluminium-based electricals products.The stock has emerged as one of the top-performing small-cap stocks of FY27 so far, surging nearly 83% since April 2026.The sharp rally was primarily driven by the commencement of commercial production at its wholly owned subsidiary, ALCU industries, which significantly boosts the company’s manufacturing capacity and growth visibility.Vidya Wires is currently the

Subscribe to enjoy similar stories.Persistent tensions in West Asia and a worsening energy crisis at home dragged Indian equities to their worst weekly performance in two months. The Nifty 50 ended the week 2.2% lower at 23,643.50, while the Sensex fell 2.7% to 75,237.99.

Subscribe to enjoy similar stories.By the time four thugs corner SHO Pawan Malik (Saif Ali Khan) in his home, Kartavya has been simmering for an hour and 15 minutes. Threats are made; Saif folds his arms and tells them to do their worst. I was ready for him to knock them out cold, but then something interesting happens.

Subscribe to enjoy similar stories.K Raheja Corp-backed hotel ownership company Chalet Hotels Limited is expanding its focus to deeper leisure markets such as Jaipur, Jodhpur and Pune, while evaluating opportunities in Hyderabad’s financial district as it builds a broader national pipeline.Speaking to Mint, managing director and CEO Shwetank Singh said the company is scaling steadily across city hotels, airport properties and leisure resorts as demand continues to outpace supply despite short-term disruptions.“We are going to go into deep leisure markets like Jaipur, Jodhpur, Pune and also evaluating Hyderabad financial district,” Singh said.“The underlying demand supply story is strong— demand is growing faster than supply. We sustained a strong pricing-led growth, driving healthy RevPAR (revenue per available room) expansion growth across key markets.

Subscribe to enjoy similar stories.Most investors struggle with one question: what stock to buy. But what if investing wasn’t about finding the next multi-bagger, but about backing a pattern that repeats over time? Factor investing is built on this idea.Instead of chasing individual stocks, factor investing targets specific traits or investment styles, such as value (undervalued stocks), momentum (stocks that are in an uptrend), or quality (stocks of financially strong companies).

Subscribe to enjoy similar stories.Big-ticket Hollywood franchises have long drawn audiences across metros and tier-two and tier-three cities, aided by Hindi, Tamil and Telugu dubs. But after a prolonged post-pandemic lull, smaller, niche titles — often with limited or no dubbed versions — are also regaining theatrical traction.Recent successes underline the shift.

Subscribe to enjoy similar stories.The global defence landscape has shifted dramatically in 2026 as escalating geopolitical tensions in the Middle East compel nations across Asia and Europe to rapidly bolster their military preparedness and capabilities.Missile strikes, border conflicts, drone warfare, and rising security concerns have pushed governments to accelerate defence spending like never before. As a result, defence manufacturing companies have taken centerstage.India’s defence sector has therefore emerged as one of the best-performing themes of 2026 so far.

Subscribe to enjoy similar stories.For strict institutional gatekeepers, Billboard has been quite lax about allowing fake artists on its charts. By November, several AI performers were featured, including country music’s Breaking Rust and R&B’s Xania Monet.It’s the kind of casual absurdity that AI music startups like Suno are hoping will become, well, casual. “The technology finally allows for billions of people to be creative, to have the fruits of their labor, to feel fulfillment in a different way,” Suno co-founder Mikey Shulman told Forbes in April.But the inclusion of those fruits—AI creations—on the music charts is an existential emergency signal, raising logistical questions for the music industry.

Subscribe to enjoy similar stories.Stock market recap: Indian equity markets witnessed heavy selling pressure on Monday, 11 May, with the Nifty 50 falling 1.49% to close at 23,815.85, while the Sensex tumbled more than 1,300 points. Risk aversion intensified after the breakdown of US-Iran peace talks pushed Brent crude above $105 a barrel and dragged the rupee to a record closing low of 95.31 against the dollar.Investor sentiment was further weighed down by government calls for austerity, including restraint in fuel and gold consumption, stoking concerns over a potential slowdown in discretionary spending.Sectoral performance was broadly negative.