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Mr. Mehli Mistry, former trustee of Tata Trusts who was voted out by a majority of trustees last week, has signalled his decision to move on from the controversy. In a letter to the Chair of the Sir Ratan Tata Trust, Sir Dorabji Tata Trust and Bhai Hirabai JN Tata Navsari Charitable Institution Trust, which…
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Pizza Hut is seen in in Taunton, Mass. | Photo Credit: AP Pizza Hut could soon be up for sale. Yum Brands, Pizza Hut’s parent company, said on Tuesday (November 4, 2025) it’s conducting a formal review of options for the brand, which has struggled to compete in a crowded pizza market. Yum CEO Chris…
Read More “Pizza Hut’s parent company Yum Brands says it’s considering selling chain” »
Head of department at Hyundai Advanced design India Chohee Park speaks during the launch of 2025 Hyundai Venue SUV and Hyundai Venue N Line, in New Delhi, Tuesday, Nov. 4, 2025. | Photo Credit: PTI South Korean auto maker Hyundai on Tuesday (November 4, 2025) launched an upgraded version of its popular compact sports utility vehicle…
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Sanjay Kumar, former Chief Commercial Officer, Indigo. | Photo Credit: K.V. Poornachandra Kumar SpiceJet has announced the appointment of aviation veteran Sanjay Kumar as Executive Director, effective November 3, 2025. Mr. Kumar will lead the airline’s strategic initiatives focused on expansion, operational excellence, and business transformation. Mr. Kumar is returning to SpiceJet after a gap…
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Provider of raw material for stainless steel, India Metals and Ferro Alloys Ltd (IMFA) informed Tuesday that it would acquire Tata Steel’s ferro chrome plant in Kalinganagar town of Odisha for ₹610 crore. It stated that the acquisition of the asset would add 99 mega volt amperes (MVA) of furnace capacity. This is inclusive of 66 MVA of existing capacity and 33 MVA under construction, cumulating to a total capacity…
Read More “IMFA to acquire Tata Steel’s Kalinganagar ferro chrome plant for ₹610 crore” »
V. Anantha Nageswaran | Photo Credit: ANI Chief Economic Advisor (CEA) V. Anantha Nageswaran on Tuesday said investments being made in India must focus on the economy becoming more competitive. He was responding to a question on addressing export gaps in the light of the recent tariffs imposed by the U.S. I Speaking at Delhi University’s…
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File photo of Bharti Airtel Vice-Chairman and MD Gopal Vittal | Photo Credit: Shiv Kumar Pushpakar Bharti Airtel will approach the government again seeking a relief in adjusted gross revenue matter following a favourable order by the Supreme Court in the case of Vodafone Idea, a senior company official said. The Supreme Court on Monday…
Image used for representation purpose only. | Photo Credit: Reuters IndiGo reported a net loss of ₹2,582 crore for the second quarter of FY 2026, widening 161% from ₹986 crore in the same period last year, during a seasonally weak quarter when travel demand dips after the summer break. The widening of losses was attributed…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee recovered from the record low level and settled with a gain of 11 paise at 88.66 (provisional) against the U.S. dollar on Tuesday (November 4, 2025) boosted by falling crude oil prices overseas. Forex traders said a firm dollar, outflow of foreign…
Read More “Rupee rebounds to settle 11 paise higher at 88.66 against U.S. dollar” »
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Equity benchmark indices Sensex and Nifty tumbled on Tuesday (November 4, 2025) amid persistent foreign fund outflows and weak trend in Asian and European markets. The 30-share BSE Sensex dropped 519.34 points, or 0.62%, to settle at 83,459.15. During the day, it tanked 565.72…
Read More “Sensex tanks over 519 points on foreign fund outflows, weak global peers” »