Nadir Godrej will retire as Chairperson of Godrej Industries Group upon turning 75 in August 2026 and become Chairman Emeritus. The board has announced a leadership transition, with Pirojsha Godrej set to become Chairperson of Godrej Industries Group and Godrej Industries Limited from August 14. Burjis Godrej will chair Godrej Agrovet, and Vishal Sharma will chair Astec LifeSciences.

The HR department of TCS' Nashik office allegedly ignored the sexual abuse complaints of female employees, reports said. The male employees who allegedly sexually harassed the victims also tried to convert them. The allegations levelled by the victims include inappropriate touching, comments about personal lives and forcing them to eat non-veg food. An HR manager is among the seven arrested.

Two Iranian oil tankers have reached India, marking the first such shipments in nearly seven years. The Iran-flagged Felicity reached Gujarat's Sikka ​Port, while the Curacao-flagged Jaya ​is at Odisha's Paradip port. This comes after temporary US waiver allowed sale of Iranian crude oil already at sea. India halted Iranian crude imports in May 2019 following US sanctions on Iran.

The government unlocked over ₹10,000 crore through asset monetisation at state‑owned telecom firms BSNL and MTNL, NDTV Profit reported. The monetisation exercise released ₹3,000 crore at BSNL and nearly ₹7,000 crore at MTNL through the sale of land parcels, non‑core and unproductive assets across the country. The proceeds will be used to service MTNL's mounting debt and outstanding bank dues.

Tata Sons Chairman N Chandrasekaran issued a statement on sexual harassment and conversion case that emerged in the Nashik office of TCS, and called the incident "gravely concerning and anguishing". "The Tata Group maintains a zero-tolerance policy towards any form of coercion or misconduct by its employees. A thorough investigation is underway to establish the facts," he said.

AST SpaceMobile (ASTS) stock slipped 2% premarket as its BlueBird 7 satellite nears its April 16 launch aboard Blue Origin's New Glenn. This Block 2 satellite offers 10x more bandwidth and will be the largest commercial LEO satellite. Barclays raised its price target to $65 but maintained an Underweight rating.

Chinese AI startup StepFun is unwinding its offshore structure as it paves way for a Hong Kong IPO, Reuters reported. China last month instructed certain firms that are registered abroad but hold businesses in the country via equity to unwind their structure. StepFun has reportedly decided an onshore corporate structure would be more appropriate due to its state funding.

AI startup Humyn Labs announced a $20 million commitment to translate real-world human signals into data for training robots and voice models. The firm will conduct data collection operations across India, Southeast Asia and Latin America. "There is no internet data for real-world actions, hence data collection opportunity in physical AI is massive," Co-founder Manish Agarwal told Moneycontrol.

Rivian (RIVN) stock is set to open lower Monday after a botched software update disabled phone apps and key fobs, forcing a halt to the rollout. This glitch threatens recent gains fuelled by Tesla's weak Q1. The update caused data resets and vehicle lockouts, leaving retail sentiment bearish.

Lockheed Martin (LMT) stock fell 7% since the Iran war began, defying expectations of a defence rally. However, the successful Artemis II moon mission, featuring Lockheed's Orion spacecraft, boosts prospects for future NASA contracts. While near-term caution persists, long-term upside tied to defence budgets remains a bullish driver.