Tata Sons chairman N Chandrasekaran took home £13.5 mn in FY24, up 20% against the previous fiscal’s compensation, to retain his position as the highest-paid professional chief of an Indian company.
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 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...
Tata Sons chairman N Chandrasekaran took home £13.5 mn in FY24, up 20% against the previous fiscal’s compensation, to retain his position as the highest-paid professional chief of an Indian company.
Singapore’s real estate manager CapitaLand plans to double its funds under management (FUM) in India to 14.8 billion Singapore dollar ($11.3 billion) by 2028, it said. This will contribute to its global target of achieving 200 billion Singapore...
MA Yusuff Ali's Lulu Group is set to build what is being billed as "India's largest shopping mall" in Ahmedabad. Expressing joy at investing in India, Ali said that he is "very happy to give employment to his fellow citizens (Indians)".
Investors on Dalal Street will have the option to select from at least 16 IPOs to invest in the coming week, making it one of the busiest weeks for primary offers in recent years. Together, these 16 IPOs are aiming to raise nearly £900 mn from...
Air India is setting up a maintenance, repair, and overhaul (MRO) facility on 35 acres at the Bengaluru International Airport. The facility will serve as a key hub for maintaining the airline’s fleet, contributing to the overall efficiency and...
Adani Enterprises has set up a company in Kenya to acquire and operate an airport in the African country as part of its expansion plans. The company, Airports Infrastructure, is looking to take over the management of Nairobi’s Jomo Kenyatta...
GST collections rose 10% to almost £17.5 bn on a gross basis, but higher refunds slowed down the net expansion of the kitty, latest data showed. While central GST collections were estimated to be 8.9% higher at £3.08 bn in Aug (based on transactions...
Apple has named Indian origin executive Kevan Parekh as its chief financial officer as part of a planned succession plan. He succeeds Luca Maestri, who will transition from his role effective January 1, next year.
The World Bank has revised India's growth forecast for FY25 to 7 per cent from 6.6 per cent earlier in its latest India Development Update released on Tuesday.
Reliance Industries will consider a 1:1 bonus share at its Sept 5 board meeting, its chairman Mukesh Ambani told shareholders. This will be RIL’s sixth bonus share issuance since it got listed in 1977. The last time it issued bonus shares (also...