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...

After Reliance Retail scrapped its plans to buy assets of Big Bazaar parent Future Retail (FRL) for £2.47 billion, in a big blow to US e-tailer Amazon, India’s National Company Law Tribunal (NCLT) has now allowed the initiation of insolvency...

Reliance Industries (RIL) reported a 41% rise in quarterly profit, helped by higher price realisations from its oil-to-chemicals (O2C), digital services...



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