- Shoemaker Allbirds stock jumps nearly 400% after rebranding to AI company April 15, 2026Allbirds shares soared close to 400% after announcing a shift to AI compute infrastructure, backed by a $50 million financing deal. The company plans to rebrand as ‘NewBird AI’ and exit the footwear market.
- LIC must bridge tech gap with private peers, says DFS secretary Nagaraju April 15, 2026Nagaraju said he was ‘a little surprised’ to learn LIC was among the first companies in India to adopt mainframe systems, adding, ‘we must reflect on why we have fallen behind in recent years in technology adoption’.
- Tata Motors bets on flexible powertrain production lines even as EV bus momentum grows April 15, 2026Tata Motors is avoiding dedicated EV bus production lines, opting for flexible manufacturing to respond to shifting demand across diesel, CNG and electric buses in a tender-driven market.
- Snap to axe 1,000 staff: Snapchat parent faces pressure from activist investor, shares climb over 5% in premarket April 15, 2026The Snapchat parent company will also eliminate over 300 vacant positions, aiming to slash annualized expenses by more than $500 million by the latter half of this year.
- Wipro to buy select contracts from California IT firm Alpha Net for $71 million to enhance AI, consulting services April 15, 2026The deals aim to enhance Wipro's AI-driven services and are expected to boost annual revenue by $173.3 million amid macroeconomic uncertainties.
- India achieves record exports of USD 860 billion in 2025-26: Piyush Goyal April 15, 2026India has set a new export record, reaching $860 billion in shipments for the fiscal year 2025-26. This achievement surpasses the previous year's $825 billion. The nation's exports demonstrate resilience against global challenges. Nine new trade agreements are expected to boost this growth further, opening new markets and opportunities across vario […]
- NBCFDC logs highest ever disbursement of Rs 613.75 crore in FY26: Govt April 15, 2026The National Backward Classes Finance and Development Corporation recorded its highest-ever disbursement of Rs 613.75 crore in FY 2025-26. This benefited over 61,000 individuals, marking a significant increase from the previous year. The corporation also saw full utilization of funds under various schemes, including VISVAS and PM-DAKSH.
- India-UK trade agreement may come into force next month: Commerce Secy April 15, 2026India's trade deals are set to boost exports. The pact with the UK is expected in May. Oman's agreement is slated for June 1. New Zealand's FTA is anticipated on April 27. The India-EU FTA is targeted for this calendar year. These agreements will open new avenues for Indian businesses.
- Geopolitical tensions cripple India-Middle East trade in March April 15, 2026India's trade with the Middle East saw a significant drop in March. Exports and imports fell by over 50 percent. This decline resulted from disruptions caused by the US-Israel attack on Iran. The Strait of Hormuz, a vital shipping route, faced temporary closure. This impacted shipments of gems, jewellery, engineering goods, and rice.
- India‘s textile and apparel exports degrow by -2.22% in FY 26: Govt Data April 15, 2026Indian textile and apparel exports saw a decline in fiscal year 26. Exports in March also registered a year-on-year drop. This comes after the US imposed high tariffs. Meanwhile, India's import of raw cotton increased significantly. This surge followed a period of eased import duties.
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