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 finance ministry has objected to deferring or waiving a part of interest and penalty for the telecom industry hit by the Supreme Court’s adjusted gross revenue (AGR) burden, effectively blocking a reprieve for the beleaguered mobile operators

The Shapoorji Pallonji (SP) Group, which holds 18% in Tata Sons, has moved the Supreme Court against the December 18 appellate tribunal order that reinstated scion Cyrus Mistry as the chairman of the Tata holding company

After reporting the biggest quarterly loss in Indian corporate history in the second quarter of 2019-20 (at £5.09 billion), Vodafone-Idea said that loss in the third-quarter stood at £643.9 million as steep competition, high costs and large...



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