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...

India’s gross domestic product (GDP) growth slowed in the July-September quarter due to a number of factors, including high inflation and rising interest rates, impact of the geopolitical situation and contraction in manufacturing and mining...

Led by local brands, highly affordable products and festive demand, India emerged as the biggest smartwatch market in the world, ahead of North America and China, in the third quarter of this year.

The competition to purchase Reliance Capital (RCap) in bankruptcy has attracted five bidders. There have been no individual bids for Reliance's ownership of the life and general insurance companies, which make up 90% of the group value, and...



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