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Natarajan Chandrasekaran, the chairman of Tata Sons, who announced his exit from the position at the end of his tenure in February next, will be known for giving new directions to the Tata Group and putting big bets on high technology-oriented businesses after taking over the reins in 2017. The technocrat who helmed Tata Consultancy…
Read More “The marathoner technocrat who gave new direction to Tata Group” »
The surge in profit follows robust vehicles sales and significant mark to market gains on investments in Tata Capital. | Photo Credit: Reuters Tata Motors Ltd, the commercial vehicles business of Tata Group for the first quarter ended June 30, 2026, reported 83% growth in consolidated net profit at ₹2,556 crore due to robust vehicles…
Read More “Tata Motors Q1 net profit surges 83% to ₹2,556 crore” »
India and the five-member Southern African Customs Union signed terms of reference on Wednesday (August 12, 2026) to start talks on a preferential trade agreement, as New Delhi seeks lower tariffs on exports including cars, pharmaceuticals and industrial machinery. The move revives talks between India and SACU, comprising South Africa, Botswana, Namibia, Lesotho and Eswatini,…
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MD & CEO, Godrej Consumer Products, Aasif Malbari | Photo Credit: The Hindu Shares of India’s Godrej Consumer Products plunged more than 11% on Wednesday (August 12, 2026) and posted their steepest fall in over six years as CEO Sudhir Sitapati’s abrupt exit fuelled concerns over strategic execution at the consumer goods company. The maker…
The story so far: Opposition leaders such as Rahul Gandhi and Arvind Kejriwal have launched campaigns against E20 saying it harms vehicles and that the government is forcing it on people. Mr. Kejriwal alleged that India has “yielded” to pressure from U.S. President Donald Trump to buy ethanol from the United States. What is the…
Image used for representational purposes only. | Photo Credit: The Hindu The country’s largest lender, State Bank of India (SBI), used artificial intelligence to underwrite nearly ₹1 lakh crore in MSME loans of up to ₹5 crore each during 2025-26, a senior bank official said on Wednesday (August 12, 2026). “In FY26, in 12 months,…
Read More “SBI uses AI to underwrite nearly ₹1 lakh crore in MSME loans in FY26” »
Image used for representational purposes only. | Photo Credit: The Hindu India’s top natural gas importer Petronet LNG’s standalone revenues in the June-end quarter declined more than 52% as the conflict in West Asia continued to mar supplies during the reported period. Before the crisis broke out in West Asia, approximately forty-seven percent of India’s…
Read More “Petronet LNG’s revenues slip more than 50% as West Asia tensions marred supplies” »
Repco Home Finance reported an 8.9% year-on-year growth in its loan book to ₹15,990 crore as of June 30, 2026, while net profit for the first quarter of FY27 increased to ₹114 crore from ₹108 crore a year earlier. Total income rose 6.1% year-on-year to ₹468 crore during the quarter, while net interest income increased…
Read More “Repco Home Finance loan book grows 8.9% in Q1; net profit rises to ₹114 crore” »
Image used for representational purposes only. | Photo Credit: The Hindu The current UPI framework appears financially unsustainable and risks undermining critical investments in cybersecurity, fraud prevention and network infrastructure, due to inadequate subsidies, the Standing Committee on Finance told Parliament on Wednesday. In response, the government said it was currently looking at two ways…
Read More “Govt mulls MDR charge or ‘tiered incentives’ to make UPI financially self-sustaining” »
Germany is interested to purchase green hydrogen from India as well as expand their engagement for renewable energy, Georg Enzweiler, Chargé D’ Affaires of the German Mission in India told The Hindu. “India has the resources to produce green hydrogen which we could buy to cover our energy needs back home and not be dependent…