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The acquisition will unlock a state-of-the-art manufacturing capacity of 300,000 units per annum, which is scalable to 420,000 units per annum, says Tata Motors
Company may spell out plans for retail and telecommunication businesses in the meeting
Prime Minister Modi made a strong case for modernising agriculture, animal husbandry and food processing to help the country become self-sufficient and a global leader in the agriculture sector
Berkshire stepped in as the S&P 500 shed 16% in the latest quarter. The Omaha, Nebraska-based company also reported an operating profit of $9.2 bn as the insurance and railroad businesses posted gains
Global cues will be important as geopolitical concerns are rising whereas both domestic and global macro numbers will play an important role, says an analyst
What to keep in mind when you ask your children to pick what they want to play with
Walmart will also add an unspecified number of jobs in areas such as e-commerce, health and wellness, ad sales and supply chain
What the legislatures have achieved over 75 years is good but is it good enough for the next 75 years?
States and UTs, in total, owe over Rs 1 trillion to gencos and about Rs 1.3 trillion to discoms, with Maharashtra owing the maximum
The company said that the bookings translated into an ex-showroom value of $2.3 billion
'Absolute rubbish. We're very profitable and growing well. If some other companies want to exit their business from India they are welcome to! We will never merge,' tweets Ola CEO
Seven rounds of bidding took place and incrementally Rs 232 cr came in on Friday. In all, 23 rounds of bidding have been conducted so far
As Ola ramps up its hiring for the electric mobility biz, the urban mobility firm is in the process of firing nearly 1,000 employees, a report said
A district on the outskirts of Wuhan has been locked down, the first time the Chinese city that saw the world's first Covid-19 lockdown has imposed such a measure since 2020
Walmart cuts profit forecast, drags retailers; McDonald's up as sales and profit top estimates; GE jumps on higher profit, Coca-Cola up on forecast raise
Results were below estimates on account of lower than expected oil-to-chemical (O2C) profitability, analysts said
ICICI Bank PAT declined from Rs 7,018.71 crore recorded in the preceding quarter
RIL's consolidated gross debt stood at Rs 2.63 trillion at the end of Q1
Shares of Reliance are at crossroads. The govt slashed windfall tax on fuel exports. And Singapore Gross Refining Margins are down to about $4 a barrel. This may fade RILs abnormal profits in Q1FY23
Effective from July 20, Rs 6 a litre tax on petrol export has been completely scrapped
Rule applies to banks with deposits above Rs 100 crore; glide path till March 2026, to meet revised CAR norm in phases for UCBs that do not meet it currently
SC protects Nupur Sharma from coercive action in FIRs/complaints which may be registered in future over Prophet remarks row
The currency has been buffeted by nearly $30 billion of foreign outflows from the nation's equities so far this year -- a record sum
Business Standard's opinion pages this week focused on India's population, the Sri Lanka crisis, gender gap, and much more >
Sunak scored 88 votes, ahead of junior trade minister Penny Mordaunt on 67 and foreign Secretary Liz Truss on 50
However, the earnings impact for RIL is likely to be less material given offsets from marking-to-market for current GRM strength, says a brokerage
Narvekar is the youngest ever Assembly Speaker in the country, Deputy Chief Minister Devendra Fadnavis said
Additional cess on crude oil may fetch govt Rs 67,400 crore per annum
The Goods and Service Tax regime is now five years old in India. Over the years, it has changed drastically. Understand the hits, misses and challenges ahead for India's most ambitious tax regime >
Persistent foreign capital outflows and a surge in crude oil prices led to the slump
The two companies have signed a non-binding letter of intent regarding a transaction that values the combined entity at more than $700 mn, according to people with knowledge of the matter
Earlier this week, FEL defaulted twice on interest payments of Rs 85.71 lakh and Rs 6.07 crore for its non-convertible debentures.
The Reserve Bank of India has run down its forward-dollar book by $12 billion to $15 billion from about $64 billion at the end of April
Company, popular in India with its range of 'toxin-free' products last valued at $1.2 bn.
The report comes as Revlon filed for bankruptcy earlier this week after global supply chain disruptions drove up raw material costs and prompted vendors to demand upfront payments
The prices of all electric vehicles (EVs) will be equal to the cost of petrol vehicles in the country within one year, Road Transport and Highways Minister Nitin Gadkari said on Friday.
Lacklustre trend in domestic equities and persistent foreign fund outflows weighs on investor sentiments
Analysts believe that the persistent FII selloff, fear of aggressive rate hikes by the US Federal Reserve (US Fed) and weaker rupee was dampening investors' sentiment.
World Day Against Child Labour 2022: Watch the video to know what Kailash Satyarthi has to say >
Companies are steadily drawing down from a $71 billion loan pipeline, said Dinesh Kumar Khara
Business Standard's opinion pages this week focused on RBIs rate hike, the Prophet Muhammad controversy, stagflation, and much more. >
So far, no political party has named its choice for the top constitutional post
The finance ministry is working on the procedures of the GST dispute resolution mechanism as some of the states have been demanding
The Chief Minister, however, said that there is no need for any unnecessary panic or worry, as the government has already put in place certain regulatory measures.
Business Standard's opinion pages this week focused on GDP data, power crisis, army's arsenal, and much more. >
The regulator's move comes shortly after an incident at Ranchi Airport where India's largest airline IndiGo refused to let a disabled teenager board its aircraft
A coalition of consumers on Friday filed a police case against Google's top executives, including CEO Sundar Pichai, for the tech giant's in-app billing system
The S&P Global India PMI rose to 58.9 in May from 57.9 in April, the highest since April 2011
Tse, a British national who was also the former general manager of Xiaomi Indonesia, has helped the company expand into many global markets, Xiaomi India said in a tweet
Petrol Pump Dealers Association said its members in 22 states will join the protest