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RBI hints Tata Sons may remain upper-layer NBFC
LiveMint - Companies05-Aug-2026 20:18 0thUTC
Governor Sanjay Malhotra said the central bank's principle-based framework will determine upper-layer NBFC status, while Tata Sons' listing question continues to hinge on its CIC…
SpaceX shares plunge 13% as AI spending overshadows earnings beat; down over 50% from post-listing peak
LiveMint - Markets05-Aug-2026 19:55 0thUTC
SpaceX shares dropped 13% to $109.21, despite exceeding revenue expectations. Investors focused on increased AI spending, totaling $18.4 billion, significantly impacting cash flow. The AI…
Uber shares drop 6% as weak forecast overshadows strong bookings
Economic Times - Markets05-Aug-2026 19:52 0thUTC
Uber’s strong second-quarter growth was overshadowed by a weak outlook, sending shares down 6% as the company ramps up autonomous-vehicle investments.
Air India appoints Tewolde Gebremariam as CEO: 5 key challenges awaiting Campbell Wilson's successor
LiveMint - Companies05-Aug-2026 19:43 0thUTC
Air India has appointed Tewolde Gebremariam as CEO. Here's a look at the key challenges awaiting Campbell Wilson's successor, from losses to safety concerns and…
Air India names former Ethiopian Airlines head Tewolde Gebremariam as CEO
LiveMint - Companies05-Aug-2026 19:31 0thUTC
The Tata Group-owned carrier hopes the aviation veteran can replicate his success at Africa's largest airline to stem mounting losses and steer its global expansion.
Thomson Reuters lifts full-year revenue forecast with focus on AI rollout
Economic Times - Markets05-Aug-2026 19:30 0thUTC
Thomson Reuters has revised its full-year organic revenue outlook, now anticipating an increase of around eight percent. The company witnessed a remarkable nine percent revenue…
Who is Tewolde Gebremariam? Former Ethiopian Airlines chief succeeds Campbell Wilson as Air India CEO
LiveMint - Companies05-Aug-2026 19:27 0thUTC
Air India Ltd. has appointed Tewolde Gebremariam as CEO, succeeding Campbell Wilson. Gebremariam, formerly with Ethiopian Airlines, will reportedly focus on stabilising international operations and…
Wall Street advances on Iran deal hopes, SpaceX and AMD dip
LiveMint - Markets05-Aug-2026 19:27 0thUTC
The Dow Jones Industrial Average rose 0.33%, the S&P 500 rose 0.45%, the Nasdaq Composite rose 0.43%
SpaceX shares slump 12% as AI spending worries overshadow early returns
Economic Times - Markets05-Aug-2026 19:26 0thUTC
SpaceX has demonstrated accelerated returns on its AI investments, though investors express concerns regarding future funding for data centers. Following its IPO, the company's stock…
US stocks: S&P 500, Dow hit record highs as Mideast hopes offset SpaceX, AMD drag
Economic Times - Markets05-Aug-2026 19:11 0thUTC
Major Wall Street indexes opened higher on Wednesday morning. Hopes for Middle East peace offset declines in SpaceX and AMD shares. These companies' forecasts failed…
Electronic Arts acquired by Saudi wealth fund and investor consortium in $55 billion deal
LiveMint - Companies05-Aug-2026 19:05 0thUTC
EA is now a private company after being acquired by Saudi Arabia’s Public Investment Fund for $55 billion, ending its 36-year run as a publicly…
