Online retail giant Amazon has sent a legal notice to Future Coupons, one of the holding companies of Kishore Biyani’s Future Group, citing breach of terms...
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19th Apr 2024 | Updated at 04:40am 19th 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...
After raising £220 million through a combination of institutional offers and stake sales in its business arms in the September quarter, Indiabulls Housing Finance said it raised another £44.1 million through part-sale of its stake in the UK-based...
The Reserve Bank of India’s (RBI) monetary policy committee voted unanimously to keep key interest rates unchanged but the central bank unleashed steps...
The government is considering the option for an overseas listing of Life Insurance Corporation (LIC), India's largest insurer, in what many believe will...
Continuing with its fund-raising streak in the retail business, Reliance Industries (RIL) is selling a £ 624.8 million stake to Mubadala Investment Company,...
Malaysian carrier AirAsia has reportedly reduced the price for its 49 per cent stake in AirAsia India - its share of the airline joint venture with Tata Group - to $50 million due to losses incurred amid the ongoing Covid-19 pandemic
The government acknowledged for the first time that it will fall short of the disinvestment target as it deferred the BPCL bid submission deadline for the fifth time, while retaining the annual borrowing target at the revised level of £120 billion
The government of India told the Supreme Court that it has decided to waive "interest on interest" on loans of up to £200,000 during the six-month repayment...
Apple began sales from its online store in India from last week, also coming closer to open a company-owned outlet that it calls one of its most-promising globally
Telecom giant Vodafone won a significant ruling against the Indian government in an international court over £2 billion in dues which it had described...
