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...

The Reserve Bank of India (RBI) declared a record dividend of £21.1 bn to govt, more than double what was expected by the money markets. The dividend is more than the £10.2 bn that govt had budgeted as dividends from all financial institutions...

The popular food and snacks chain Haldiram is up for grabs as a global group of investors has reportedly submitted a non-binding bid to acquire a controlling stake worth $8.5 billion in the company that was founded in Bikaner, Rajasthan in 1937.

Norges Bank, Norway’s central bank, has decided to exclude Adani Ports and Special Economic Zone from its government pension fund over ethical concerns. This means the $1.7-trillion fund will sell its remaining stake in Adani Ports.



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