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 Indian government has virtually ruled out a reduction in personal income tax, including in the forthcoming Budget, with well-placed sources citing examples of higher rates in several countries such as China, the US and the UK, apart from...

Weeks after it relaxed the foreign direct investment (FDI) regime, the government has begun a fresh review for further liberalisation of sectoral caps as well as segments that are not on the automatic list, as it courts more overseas investors...

The economic offences wing of the Delhi Police arrested former Religare promoter Shivinder Mohan Singh and the company’s ex-CMD Sunil Godhwani for alleged...

The government of India has identified hundreds of products, including electronics, toys, blankets and several daily-use items for possible “import substitution”...

The latest data shows that the total money infused into Indian startups increased by 25 per cent to $10.9 billion in the first nine months of 2019 as compared to the same period in the previous year, even as the total number of deals fell by...



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