N Chandrasekaran unveils 3-year plan to cut losses in Tata new businesses
MUMBAI: Tata Sons chairman N Chandrasekaran presented a three-year roadmap to narrow losses in the company’s new businesses at a…
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JK Tyre charts over Rs 4,000-crore expansion plan
CHENNAI: JK Tyre has announced one of the largest capacity expansion programmes among Indian tyre manufacturers, despite concerns over the…
Cash handling companies seek more for ATM refills
MUMBAI: Cash logistics companies, which replenish ATMs, have approached banks seeking measures to offset a sharp rise in operating costs,…
Exceptionally early heat wave shatters records, brings deaths in Europe
LONDON: Temperature records toppled as a spring heat wave continued to scorch parts of Western Europe on Tuesday, triggering government…
India crude processing falls 8.9% in April; Middle East supply shifts weigh on refiners
India’s crude processing by refiners fell in April as supply disruptions linked to the Middle East conflict changing crude sourcing…
Yes Securities barred from onboarding new clients for 3 months
Mumbai: YES Securities (India) Limited, a subsidiary of YES Bank Limited, has been penalised by the National Stock Exchange of…
Will bank fixed deposit rates rise soon? Higher CD costs signal better returns for savers
Savers could see higher returns on bank deposits in the coming months as the cost of certificates of deposit (CDs),…
Rupee slides 44 paise against dollar as rising oil prices and Middle East tensions weigh
The rupee weakened by 44 paise to close at 95.70 against the US dollar on Tuesday, pressured by renewed geopolitical…
Petrol pain: How fuel price hike complicates RBI’s inflation fight
Fuel price hikes impact the common man through several channels, leading to lower disposable income in hand, higher cost of…
Centre to offload up to 2% stake in Coal India through OFS, sets floor price at Rs 412 per share
In a posh to raise around Rs 5,000 crore for the exchequer, the government will sell up to a 2…