Tata Group has sought Competition Commission of India’s approval on its deal to buy a majority stake in Bigbasket, indicating that the two enterprises...
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18th Apr 2024 | Updated at 10:10pm 18th Apr 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...
India's Commerce and Industry Minister Piyush Goyal has invited US companies for setting up manufacturing base in India. Delivering the inaugural virtual...
The Indian government is likely to file an appeal against the Cairn arbitration award contesting its sovereign rights to tax, sources said. An international...
Amazon India said it will start local manufacturing of its devices in Chennai, reducing its dependence on China. This would give a leg up to the government’s Make-in-India push. The e-commerce major will work with Foxconn’s subsidiary Cloud...
Indian Prime Minister Narendra Modi made a strong pitch for a bigger role for the private sector in the economy, saying that slandering private enterprise...
India's retail inflation slowed to a16-month low in January on the back of cooling of some food items, while industrial output growth clawed back into positive territory in December, bringing some cheer for an economy battling a record slump...
The Modi government has shortlisted four mid-sized state-run banks for privatisation, under a new push to sell state assets and shore up government revenues,...
India's market regulator Sebi has fined the NSE £100,000 and two of its former MDs - Ravi Narain and Chitra Ramakrishna - Rs 25,00,000 each for omissions and commissions in the now infamous colocation (co-lo) scam. This scam had taken place...
Amazon has approached the Supreme Court to block the Kishore Biyani led Future Group’s deal with Reliance Industries (RIL). Amazon has challenged the Delhi...
Finance Minister Nirmala Sitharaman’s growth oriented Union Budget 2021 has not just appeased the corporate sector and capital markets, but also brought happy times for Indians who are settled abroad. Speaking to Asian Voice on the Union Budget...
