Tata Motors Q3 net more than doubles to £714.5 mn

Smashing street estimates, Tata Motors’s Q3FY24 profit more than doubled to £714.5 million, benefiting from the strength of its UK luxury car business, Jaguar Land Rover (JLR). It had posted a profit of £304.3 million in the year-ago period,...

India Inc wants RBI to go slow on interest rate hikes

India Inc is pressing the RBI to hold off on rate increases as borrowing prices rise. According to information made public by the trade group Ficci, the average interest rate grew by one percentage point to roughly 9.4% during the most recent...

A plea has been filed in the Supreme Court, seeking directions to the Centre and the Securities and Exchange Board of India (SEBI) to submit a detailed report into the stock market crash on the day of election results on June 4, when investors...

The National Company Law Tribunal (NCLT) approved the merger of Air India and Vistara. The merger has resulted in the creation of one of the world’s largest airline conglomerates. Under the merger deal, Singapore Airlines will own 25.1% stake...

Online payments have grown at a fast phase in recent years but frauds in such transactions have grown faster. Credit card and online frauds have increased 425% to £145.7 mn FY24 from £27.7 mn in the year-ago period. Card and UPI payments rose...



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