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Subscribe to enjoy similar stories.On Thursday afternoon, Netflix announced that co-founder and chairman of the board Reed Hastings would be stepping down when his term expires later this year “in order to focus on his philanthropy and other pursuits,” according to a letter to shareholders.Hastings founded Netflix in 1997 with Marc Randolph, and took the reins in 1999 when the company was still a DVD-by-mail service. In 2020 he elevated creative executive Ted Sarandos to the co-CEO position, reflecting how important original content had become for Netflix, by then the leading subscription streaming service.

Subscribe to enjoy similar stories.ROME—As President Trump’s rift with Europe widens, he is casting even his political friends into the chasm.Italian Prime Minister Giorgia Meloni has spent the past year trying to act as a bridge while Trump tussled with other European leaders over tariffs, Ukraine and Greenland.Trump, who previously called Meloni a “great leader,” now says he is shocked by her refusal to send forces to help open the Strait of Hormuz amid the U.S.-Iran war. “I thought she had courage, but I was wrong,” he told the Italian newspaper Corriere della Sera on Tuesday.The abrupt breakdown of their political friendship shows how the middle ground is disappearing between a White House that is demanding loyalty from its allies and a Europe where voters and governments increasingly view the U.S.

Subscribe to enjoy similar stories.I have quarrels with many words. Some are intense, long-running disputes; others are milder irritations. The word ‘impact’—deployed relentlessly across the social sector—belongs firmly to the first category.To be sure, I have no complaint with the word in its original, physical sense.

Subscribe to enjoy similar stories.The improvement in business ties between China and India has streamlined partnerships between companies in the two countries, providing a significant boost to JSW Group's automotive venture, according to Parth Jindal, director at JSW MG Motor India. JSW Group plans its debut car launch towards the end of the calendar year.The Indian government’s easing of investment rules for Chinese firms and the resumption of direct flights between the two countries have made it easier to collaborate with the group’s Chinese partners, Jindal told Mint.“While the relaxation of Press Note 3 has not directly benefited the auto sector, it has improved overall sentiment which, along with the resumption of flights, has made engagement with our partners more seamless,” he said.“India’s relationship with China has been improving steadily, and the relaxation of Press Note 3 has helped ease technology transfer processes between the two countries.

₹3,379 crore during a phase when the Nifty 50 fell more than 14%, which meant it could not meet its FY26 AUM guidance of ₹1 trillion.On the flip side, the recovery in stock price following the West Asia ceasefire announcement helped the company cross the ₹1 trillion milestone only ahead of the earnings release. The stock, too, responded sharply, gaining nearly 17% this month after remaining largely flat since September.That said, Anand Rathi Wealth is also a classic operating-leverage story. Its team strength of about 400 relationship managers (RMs) can support growth in the coming years, implying incremental revenue flows with limited hiring.

Sebi. Victims have also started complaining more since the markets have been down in the past two years and they have been forced to bear immense losses,” said Tomu Francis, partner at Khaitan and Co.APs operate under brokers’ control and cannot independently handle client funds or act outside regulatory limits.

EPL Ltd’s recently announced merger with Indovida is not just another expansion, but a shift in the business model. The transaction is structured as a share-swap, making it largely cash-neutral, where EPL will issue shares to Indovida shareholders.The deal values EPL at about ₹339 per share, implying a 70% premium to its pre-announcement closing price on 27 March, while Indovida is being acquired at a discount to EPL’s valuation multiple.

Venu Srinivasan and its managing director is his son Sudarshan Venu. Gopalan is a director on its board.On Friday, the Sundaram Clayton board accepted Kishan’s resignation and appointed M.

Mint explains how significant AI’s impact really is on investment banking.A 2023 Deloitte report noted that global investment banks have invested billions of dollars in machine learning and natural language processing to transform trading and risk management. However, the deal-making lifecycle remains heavily dependent on human expertise.

marriage or in common law relationships for financial reasons.”In addition, 80 per cent of Canadians say life is more affordable in a relationship versus being single.Nearly one in four (23 per cent) of surveyed Canadians also said they like the idea of a “five-year renewable relationship contract” instead of getting married.The survey states that four in 10 Canadians (40 per cent) say marriage is “mainly about practicalities for those planning or already have children.”This view is higher among Canadians who identify as male (at 45 per cent) versus female (36 per cent).In addition, 83 per cent believe that couples often stay together for the sake of their children.Clay Jarvis, a financial expert at NerdWallet Canada, said marriage is a “major financial decision” that should encourage couples to evaluate their financial situations.“I think if the conversation is about determining whether to have kids because you can afford them now, I think that’s because your reality now is what you’re basing all of your decisions on,” he said.

There is something remarkable about the best salespeople, something quiet. Not the loudest, not the most decorated, not the ones with the fanciest titles or biggest incentive payouts. The truly effective ones, if you spend enough time around them—in liquor distribution, IT services, pharmaceuticals, agricultural inputs, across every sector—you begin to notice a common thread that has nothing to do with technique or personality type.They have pride in their work.

IPO-bound Central Mine Planning and Design Institute (CMPDI), the mining consultancy arm of Coal India Ltd, is betting on the state-run miner’s ambitious production expansion to drive its own growth in the coming years, even as it looks to diversify into critical minerals and overseas projects.The organization’s relationship with Coal India should not be seen as a dependency but rather a “symbiotic” partnership that has evolved over the last five decades, said Chaudhari Shivraj Singh, chairman and managing director at CMPDI, told Mint.“CMPDI has been with Coal India for nearly 50 years and has played a big role in bringing the company to its current scale. All exploration, mine planning and prioritisation of mining activities have been carried out by CMPDI,” Singh said.Coal India continues to dominate India’s coal output, accounting for about 67% of the country’s production last year, while the remaining 33% came from government, public sector and private companies.

India’s recalibration of its approach to Chinese investments marks an important moment in the evolution of India-China economic ties. The revised framework under Press Note 3 (PN3) signals a pragmatic attempt to balance India’s strategic and security considerations with the economic opportunities that carefully structured investment from China could bring.

TCS even though there was no IT industry to speak of. What followed was one of the great acts of industrial creation in post-independence India.The foundations of what is today a $300 billion industry were built on his clarity about the opportunity.

It’s raining devaluations for credit card users. Major issuers such as HDFC Bank, American Express, SBI Card and ICICI Bank have reworked their credit card reward structures over the past two months, cutting back benefits on some of their most sought-after premium cards.Last week, HDFC Bank said that starting in the next financial year, Infinia cardholders must spend at least ₹18 lakh annually or maintain a total relationship value—the cumulative worth of all accounts, investments and loans with the bank—of ₹50 lakh to retain the card.This change came on the heels of American Express devaluing milestone-based rewards on one of its popular cards, Amex Platinum Travel.

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speech last September. Then, he told his parliament that Washington’s aim for denuclearization was a “delusional obsession.”The two leaders haven’t met since 2019, and the North Korean leader ignored an offer to reconnect when Trump visited South Korea last fall. The Kim regime hasn’t held formal nuclear talks with the U.S.

The JSW Group, which acquired Akzo Nobel India Ltd last year, plans to plough the money that used to be paid as royalty for the Dulux brand back into its paints business and widen its market share.JSW Paints acquired the decorative paints business of Akzo Nobel India, which includes the popular Dulux brand, for ₹9,000 crore in June 2025. Earlier, 3% of the value of decorative paints sales was paid as royalty to its global parent for use of the brand, but that has now stopped.“In the month of June 2025, we acquired the decorative IP and the Dulux brand is now owned by Akzo Nobel India… So, the royalty ceased to exist, which translates to roughly around 60 crore to 65 crore rupees, depending on the revenue trajectory,” Krishna R, chief financial officer of Akzo Nobel India, said during a post-earnings interaction with analysts.

The new Income Tax rules have proposed a change for claiming house rent allowance (HRA) that may affect claims where the rent is paid to parents, siblings or any other relative. Effective 1 April, salaried employees may have to clearly state their relationship with their landlord while claiming HRA tax benefits.The aim is to prevent misuse of the exemption, especially in cases where rent is shown to be paid to family members to reduce tax liability, said Sandeepp Jhunjhunwala, partner at Nangia Global Advisors.

Subscribe to enjoy similar stories. The blast radius of the Epstein files has toppled C-suite executives, shamed financiers and led to the arrest of a former British royal. Now, school picture day is in the crossfire.

Mint, SDHI chief executive officer Vipin Kumar Saxena said the companies plan to cooperate initially on medium-range (MR) product tankers and potentially very large gas carriers (VLGCs), with Samsung providing designs and engineering support.“We will start by working together on specific ships (MR tankers and VLGCs). Once we execute these successfully and build confidence, the relationship can evolve further,” Saxena said in the interview.Samsung will license vessel designs and provide engineering and material packages, while construction will take place at SDHI’s Pipavav yard.