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...

A monthly survey said that activity of the services sector in India expanded for the first time in three months in September as it rebounded from GST-related contractions, driven by a surge in new business orders that supported job creation

Indian Finance Ministry's principal economic advisor Sanjeev Sanyal said the country would have 10-15 public sector banks with government's majority stake, down from 21 at present as part of its plan to consolidate banks

As informed by the UK's Crown Prosecution Service (CPS), embattled Indian liquor baron Vijay Mallya was granted immediate bail following his arrest in London on Tuesday, in a second money laundering case filed by the Indian Enforcement Directorate



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