Arguing that India's economy is back on track and state-run banks have “remarkably turned around”, finance minister Nirmala Sitharaman made an impassioned plea to India Inc to step up investment, while promising to remove whatever obstacles...
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18th May 2024 | Updated at 09:15pm 18th May 2024
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...
Shares in Mukesh Ambani’s Reliance Industries fell more than 4 per cent after the revelation that the $15bn deal with Saudi Aramco had been called off.
India and the US vowed to improve their trade ties and “take it to the next level” with closer partnership on supply chains flagged as a key thrust area.
India's adoption stringent patent laws to comply with World Trade Organization requirements in 1995 has led to the formation of new forms of mutually beneficial partnerships between western and Indian pharmaceutical groups. These tie-ups have...
Shares of Paytm fell by 13% on its second trading day, after crashing 27% during their debut on the stock exchanges. The shares closed at Rs 1,360, 37%...
India's largest steel producer, JSW Steel, is considering a bid to buy Liberty Steel in Britain as well as mills elsewhere, two people familiar with the...
The £60 million IPO offering by Chennai-based Latent View Analytics, a data and analytics consulting company, was oversubscribed 339 times, making it the most oversubscribed IPO ever in India. The previous best was 304 times subscription for...
US-based Amneal Pharmaceuticals Inc. has acquired Ahmedabad-based injectable drug maker Puniska Healthcare Private Limited for around £70 million. The buyout is expected to boost the New York Stock Exchange (NYSE) listed Amneal’s injectables...
The success story of Falguni Nayar, founder of the multi-brand beauty retailer Nykaa, is a testament to the fact that with the right training, education...
Tata Steel posted a multi-fold jump in consolidated net profit for the September quarter at £1.19 billion as against £1.56 billion a year ago, helped by...
