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...

Tata Steel’s second quarter profit plunged 90% to £129.7 million due to drop in metal prices and elevated input costs. Concerns over slowdown in key economies, geopolitical issues and seasonal factors have led to a “volatile operating environment”,...

Markets regulator Sebi has banned fugitive businessman Mehul Choksi, former promoter and chairman of Gitanjali Gems, from trading for 10 years for using front entities to trade in shares of the company to maintain its price from falling. Choksi...

The Adani Group will invest over $150 billion across businesses ranging from green energy to data centres to airports and healthcare as it chases the dream to join the elite global club of companies with $1-trillion valuations.

Microsoft has laid off about 1,000 workers from a variety of departments, including the Xbox and Edge teams, Axios said citing unnamed sources. The US software giant had earlier stated in July that a modest number of positions had been removed...

Reliance Jio became the number one landline telephone service provider in India in August surpassing BSNL, the state-run company. This is the first time since the beginning of telecom services in India that a private operator has gained the...



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