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Mumbai, November 14: Tata Motors Passenger Vehicles (TMPV) on Friday reported a multi-fold jump in its consolidated net profit to Rs 76,170 crore for the second quarter of the current financial year (Q2 FY26), driven by an Rs 82,616 crore one-time gain from the demerger of its commercial vehicles business. The Tata Group company had posted a net profit of Rs 3,446 crore in the corresponding quarter last year. Despite the exceptional gain, TMPV's revenue fell 14 per cent year-on-year to Rs 72,34 ...Read More >
Morigaon (Assam) [India], November 7 (ANI): Union Finance Minister Nirmala Sitharaman, accompanied by Assam Chief Minister Himanta Biswa Sarma, visited the upcoming Outsourced Semiconductor Assembly and Test (OSAT) Centre being developed by TATA Electronics at Jagiroad in Morigaon district. The visit, which took place on Thursday, marks a significant milestone in Assam's journey towards becoming a hub for advanced electronics and semiconductor manufacturing in the Northeast. Also Read | Did Ni ...Read More >
Morigaon (Assam) [India], November 7 (ANI): Union Finance Minister Nirmala Sitharaman, accompanied by Assam Chief Minister Himanta Biswa Sarma, visited the upcoming Outsourced Semiconductor Assembly and Test (OSAT) Centre being developed by TATA Electronics at Jagiroad in Morigaon district. The visit, which took place on Thursday, marks a significant milestone in Assam's journey towards becoming a hub for advanced electronics and semiconductor manufacturing in the Northeast. The TATA OSAT Cent ...Read More >
Guwahati, Nov 7 (PTI) Stating that Tata Group's upcoming semiconductor plant will put Assam in the driver seat of the engine for developed India, Union Finance Minister Nirmala Sitharaman on Friday said the state tops the list in the country for maximum utilisation of special central fund to create capital assets. Sitharaman reached Guwahati in the morning on a two-day tour, during which she is scheduled to unveil a range of projects across different places of the state. "The centre gives fund ...Read More >
Mumbai, India - A Unit Linked Insurance Plan (ULIP) is a financial instrument that strategically combines essential life insurance coverage with market-linked investment growth in a single policy. During periods marked by frequent and rapid changes in financial markets, ULIPs from platforms like Tata AIA have demonstrated notable growth. These plans offer policyholders life cover to secure their future, coupled with the handy feature to adjust their investment allocation. This dual capacity assi ...Read More >
New Delhi, Nov 3 (PTI) Tata Consumer Products Ltd (TCPL) on Monday reported a 10.7 per cent increase in consolidated net profit to Rs 406.51 crore in the second quarter ended September 2025, led by India business. The company had posted a consolidated net profit of Rs 367.21 crore in the July-September quarter a year ago, according to a regulatory filing from TCPL, the Tata group's FMCG arm. Its revenue from operations rose by 17.83 per cent to Rs 4,965.9 crore in the September quarter of FY'2 ...Read More >
Air India is seeking over a billion dollars in financial aid from its owners, Singapore Airlines and Tata Sons. This comes after a tragic crash earlier this year. The airline needs funds to upgrade its systems and services. It also plans to develop its own engineering and maintenance capabilities. Air India is seeking at least 100 billion rupees ($1.14 billion) in financial support from owners Singapore Airlines and Tata Sons, Bloomberg News reported on Thursday, citing people familiar with the ...Read More >
Mumbai, Oct 31 (SocialNews.XYZ) Actress Deepika Padukone, who has been a strong advocate for mental health awareness, reacted to cricketer Jemimah Rodrigues' recent revelation about battling anxiety. The 'Om Shanti Om' actress, known for openly sharing her own struggles with depression in the past, praised Jemimah for her honesty and courage in speaking up, highlighting the importance of conversations around mental well-being in sports and beyond. Taking to her Instagram Stories, Deepika Paduko ...Read More >
New Delhi, Oct 31 (PTI) Singapore Airlines on Friday said that as a significant minority shareholder it will provide its expertise and support where necessary to Air India. The comments came against the backdrop of reports saying that Air India is seeking more than Rs 10,000 crore from Tata Sons and Singapore Airlines. The loss-making Air India, which is jointly owned by Tata Sons and Singapore Airlines, has been facing certain headwinds in recent times. In one of the worst air accidents, Air ...Read More >
New Delhi: Air India, owned by the Tata Group, is facing severe financial turbulence due to ongoing tensions between India and Pakistan. CEO Campbell Wilson revealed that since April, the airline has incurred losses amounting to nearly Rs 4,000 crore. The reasons include not only Pakistan's airspace closure but also changes in U.S. tariffs and visa regulations that have affected operations and demand. Airspace Closure Deepens Impact Following the April 22 terror attack in Pahalgam, Jammu and K ...Read More >
Air India Express had taken the delivery of the first B737-Max in 2023. Mumbai: Air India's low-cost arm, Air India Express, is expecting to induct 20 to 24 aircraft in the fleet in the next calendar year, a top airline executive said on Tuesday. Air India and Air India Express together currently have a fleet of 282 aircraft, of which as many as 110 planes, comprising Airbus 320/ 321, Boeing 737 and 737 MAX, are with the low-cost arm. "We are looking at about 20 to 24 aircraft in the next ca ...Read More >
Tata Advanced Systems, in partnership with Safran Aircraft Engines, inaugurated a manufacturing facility at the Tata Centre of Excellence for Aero Engines in Adibatla, Hyderabad. The facility will produce complex rotating parts for the CFM LEAP engine, including cutting-edge machining and special processes under one roof. The collaboration was announced in January 2024, when both companies signed a long-term agreement for the production of rotating parts for the LEAP engine, developed by CFM In ...Read More >
New Delhi: The Delhi Police has arrested a 59-year-old man for his alleged involvement in espionage activities, including links with a foreign-based nuclear scientist, and a fake passport racket operating from Jamshedpur in Jharkhand, an official said on Tuesday. The accused, identified as Mohammad Adil Hussaini and also known by the names Syed Adil Hussain, Nasimuddin and Syed Adil Hussaini, was apprehended from Seemapuri in Delhi two days ago, he said. A police source said that the accused w ...Read More >
New Delhi: Delhi Police have arrested a 59-year-old man for his alleged involvement in espionage activities and a fake passport racket operating from Jamshedpur in Jharkhand, officials said Tuesday. The accused, identified as Mohammad Adil Hussaini -- who also went by the names Syed Adil Hussain, Nasimuddin, and Syed Adil Hussaini -- was arrested from Seemapuri in Delhi two days ago, according to police. Investigators said Hussaini had allegedly been in contact with a foreign-based nuclear sci ...Read More >
Chennai, Oct 28 (UNI) Hospitality major Indian Hotels Company Ltd has signed an agreement with the healthcare major MGM Healthcare Group for building a Taj hotel in Puducherry. According to Indian Hotels, the 180-room Taj Pondicherry, a greenfield project, will be spread across a 52-acre property located on the outskirts of the White Town. Suma Venkatesh, Executive Vice President, Real Estate & Development, Indian Hotels, said: "Pondicherry has witnessed a steady rise in domestic travel and a ...Read More >
New Delhi, Oct 28 (PTI) Tata Capital, NBFC arm of Tata Group, on Tuesday reported a flat growth in consolidated profit at Rs 1,119 crore for the September quarter. The NBFC firm had earned a consolidated net profit of Rs 1,133 crore in the second quarter of the previous fiscal year. This is the first quarterly number announcement after listing of the Tata Capital stocks on the bourses. Its share were listed on stock exchanges on October 13. Total income rose to Rs 7,750 crore during the quart ...Read More >
MUMBAI: Tata Capital has reported a muted set of numbers with consolidated net growing at a muted 2 percent to Rs 1,097 crore for the September quarter. In its maiden earnings announcement on Tuesday after the recent listing, wherein the market gave a tepid response to the biggest issue from the non-baking space till date, raising Rs 15,512 crore. The share got listed flat at the issue price of Rs 326 and managed to gain a premium of a paltry 1.23 percent of Rs 330, making it one of the worst I ...Read More >
In a major shake-up at the Tata Trusts, Mehli Mistry -- once considered a close confidant of Ratan Tata -- is set to exit the apex charitable bodies after chairman Noel Tata, vice chairman Venu Srinivasan and trustee Vijay Singh declined to approve the renewal of his term, people familiar with the matter said. In a dramatic turn at the Tata Trusts, Mehli Mistry -- once regarded as one of Ratan Tata's closest confidants -- faces potential ouster after chairman Noel Tata, vice chairman Venu Srini ...Read More >
NEW DELHI: The Supreme Court's ruling on telecom AGR (adjusted gross revenue) empowers the Cabinet to review the entire gamut of issues related to recovery of thousands of crores of rupees from Vodafone Idea, when it comes to matters of duplicate payments, double-counting, interest and penalty on interest, as pointed out by the company. Estimates put Voda Idea's AGR outstanding to govt at around Rs 80,000 crore, though the company has refused to specify the exact amount. And, not just Vodafone I ...Read More >
Eyewear retailer Lenskart is launching its IPO on October 31, aiming to raise Rs 2,150 crore through a fresh issue and an offer for sale. Backed by Radhakishan Damani, the company plans to use the funds for store expansion, technology, and marketing. This IPO is anticipated to be the fourth-largest public issue of 2025. Eyewear retailer Lenskart is set to make its long-awaited market debut, with its initial public offering (IPO) opening for subscription on Friday, October 31, and closing on Tue ...Read More >
More than 300 companies are set to announce their results for the second quarter of FY 2025-26 next week. The financial metrics will provide critical insights into the company's performance in the July-September quarter. The upcoming Q2FY26 results will also help to predict their future trajectory. As the companies span across major sectors, the results will also help investors and analysts gauge the broader trends in various industries. Prominent companies scheduled to announce results include ...Read More >
New Delhi, Oct 26 (PTI) Life Insurance Corporation of India's investment in Adani group companies may be under the spotlight, but recent data shows that some of the largest investments in entities controlled by billionaire Gautam Adani have come not from the state insurer but from major US and global insurers. In June 2025, a month after USD 570 million (Rs 5,000 crore) investment by Life Insurance Corporation (LIC) in Adani Ports & SEZ, US-based Athene Insurance led a Rs 6,650 crore (USD 750 m ...Read More >
NEW DELHI: The department of financial services (DFS) in the finance ministry and govt's policy think tank Niti Aayog have no role in the investment decisions of LIC, and the investment guidelines of the state-owned company are governed by board-approved policies, officials said on Saturday, adding that the insurer's exposure to the Adani Group is far less than to other conglomerates. LIC's investment in the Tata Group is estimated at Rs 1.3 lakh crore, while the exposure to the Aditya Birla Gro ...Read More >
Flights departing from T2 will carry flight numbers beginning with 'AI1XXX', such as AI1234 or AI1756, according to the airline's website. The change coincides with the start of Air India's Northern Winter Schedule commencing on October 26.Air India has announced it will move part of its domestic flight operations from Terminal 3 (T3) to Terminal 2 (T2) at Delhi's Indira Gandhi International (IGI) Airport from October 26, 2025. The Tata Group-owned full-service airline said the move is designed ...Read More >
India's stock market is witnessing significant activity as the Nifty approaches record levels, buoyed by strong investor sentiment. India's stock market is heating up as the Nifty hovers near record highs, with investor sentiment running strong. The primary market is preparing for a wave of mega initial public offerings (IPOs), with five major companies expected to raise nearly Rs 35,000 crore over the next two months. The upcoming IPOs include some of India's most well-known consumer and fint ...Read More >
Infrastructure major Larsen & Toubro (L&T) has secured significant orders from Hindalco and Tata Steel. L&T will set up an 180 KTPA aluminium smelter and gas treatment centre for Hindalco's Odisha project, and a coke oven battery for Tata Steel in Jamshedpur. These wins highlight L&T's expertise in the minerals and metals sector. New Delhi, Infrastructure major Larsen & Toubro (L&T) on Friday said it has bagged an order from Hindalco to set up an aluminium smelter for its upcoming project in Od ...Read More >
New Delhi [India], October 23 (ANI): India's average crude import cost has increased sharply versus the Dubai benchmark, in FY2026 so far, even as the share of Russian crude in the country's oil basket has declined, said Kotak Institutional Equities in its latest report. The brokerage noted that with alternate crudes likely to be more expensive, premiums could also remain elevated and impact GRMs for refiners. Also Read | India Women vs New Zealand Women Free Live Streaming Online of ICC Women ...Read More >
Oct 23 (Reuters) - Tata Technologies (TATE.NS), opens new tab will recruit more local nationals in the United States, its top boss said, as the Indian engineering services provider reacts to U.S. President Donald Trump's wide-ranging immigration crackdown. The United States plans to charge businesses a steep fee for H1-B visas, used by tech majors including Amazon.com (AMZN.O), opens new tab and Meta Platforms (META.O), opens new tab, in a move the Trump administration said would shield America ...Read More >
The Navi Mumbai facility is part of ICICI Bank's Rs 1,800 crore commitment to support the Tata Memorial Centre in establishing three cancer care hospitals across the country. Navi Mumbai is set to get one of India's largest radiation therapy facilities with the commencement of construction of a new cancer care building at Tata Memorial Centre's (TMC) Advanced Centre for Treatment, Research and Education in Cancer (ACTREC). The project, funded through ICICI Bank's CSR contribution of Rs 625 cror ...Read More >
MUMBAI: In an anticipated move, trustees of Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT) approved reappointment of trustee and vice-chairman Venu Srinivasan for life on Monday, setting aside recent differences over governance issues.The decision follows reappointment of trustee and chairman Noel Tata in Jan 2025, with no limits on his tenure. SDTT and SRTT have a combined 52% stake in Tata Sons.Fellow trustee Mehli Mistry's reappointment is similarly scheduled in the next few da ...Read More >
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