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...

Reliance Retail has recently announced its long-term partnership with the American iconic fashion brand Gap and plans to bring back the brand to India. “Through a long-term franchise agreement, Reliance Retail has become the official retailer...

Adani Hazira Port Ltd (AHPL), a subsidiary of Adani Ports and SEZ Limited (APSEZ, will expand Hazira port near Surat to at least six times its present size. The company will reportedly invest an estimated £1.9 billion for the expansion.

The Reserve Bank of India (RBI) has announced a series of measures, including relaxation in foreign investment in debt, external commercial borrowings, and Non-Resident Indian (NRI) deposits - to prevent the slide in the rupee and shore up India's...

India’s largest carmaker Maruti Suzuki has been feeling the absence of SUVs in its line-up, and just had the previous-generation Brezza and the bigger S-Cross in its off-roader portfolio. The absence of a strong line-up and new-generation models...

The Reserve Bank of India said the shock waves from the war in Ukraine and retaliatory economic and financial sanctions (on Russia) have jolted the global economy, which was already beleaguered by successive waves of the Covid-19 pandemic.



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