After flying for nearly 18 years, India's largest airline IndiGo announced that it will introduce business class in flights this year, as the carrier seeks to provide more options for passengers amid rising economic growth. The airline will...
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27th Jul 2024 | Updated at 01:24am 27th Jul 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...
The market capitalisation of Aditya Birla Group companies crossed $100 billion for the first time on Friday riding on a rally in shares of UltraTech, Hindalco, and Vodafone Idea. The combined valuation of the 12 companies in the group stood...
Sixteen months after the release of Hindenburg Research Report, which led to a sharp fall in the stock prices of all Adani Group companies, one the key firms of the group - Adani Ports and Special Economic Zone (APSEZ) has now made into the...
Ramping up its focus on India, Google’s parent Alphabet is looking to manufacture drones and Pixel phones, and is in talks with Foxconn to make them at a plant in Tamil Nadu. While Dixon Technologies has also been given the contract to manufacture...
Tata-owned Jaguar Land Rover (JLR) has decided to make its flagship Range Rover luxury SUVs in India. For the first time, these top-of-the-line vehicles will be assembled outside JLR’s Solihull factory in the UK.
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...
India’s trade deficit widened to a four-month high of $19.1 billion in April, as goods exports rose just over 1% to $35 billion, while imports increased over 10% to $54.1 billion.
The world's largest dairy cooperative - popularly known as Amul - has partnered with a 108-year-old dairy association to introduce its fresh, branded milk in America.
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.
India's wholesale price inflation shot up to a 13-month high in April, led by fuel, power, manufactured products and food prices, prompting experts to say that they expect the numbers to harden in the months ahead.
