Rumours of Sachin Tendulkar owning a certain smallcap stock have sent it soaring 13,000% in a year, so much so that the company has had to issue a clarification. Former India cricketer Sachin Tendulkar. (AFP) There’s circulation of misinformation that the legendary cricketer Sachin Tendulkar has invested in RRP Semiconductors Ltd., and “we feel because […]
Tech Mahindra Ltd. delivered on its key financials in the fiscal second quarter, aided by strength in its banking and manufacturing verticals, even as impact of US tariffs loomed. Tech Mahindra has announced an interim dividend of ₹15/share. (Reuters) Consolidated revenue of the Mahindra Group company rose 4.8% over the previous three months to ₹13,995 […]
India’s GDP will grow faster than estimated earlier despite the impact of US tariffs on Indian economy—the fourth largest in the world, according to the International Monetary Fund. A vegetable market in Ahmedabad. India’s sweeping GST reforms is set to boost consumption in the face of crippling US tariffs. (Reuters) IMF now sees India’s GDP […]
Another ‘Swadeshi’ moment beckons Indian tech platforms, which are back in conversation. There is a renewed push for Indian apps as alternatives to global platforms. While there may be reason to look back at a similar wave from a few years ago as a cautionary tale, founders insist home-grown apps now benefit from better underlying […]
Adani Enterprises Ltd., Alphabet Inc.’s Google and Bharti Airtel Ltd. have come together to build India’s largest AI data centre in Visakhapatnam, as part of the Gemini creator’s $15-billion push into India’s AI landscape. Adani Group Chairman Gautam Adani. (Bloomberg) Adani ConneX, the data-centre joint venture of Adani Group and US-based Edge ConneX, along with […]
Tata Motors Ltd. has completed the demerger of its passenger vehicle (PV) and commercial vehicle (CV) businesses, marking one of India’s largest auto restructurings in recent years. The process, which began in early 2024, culminated with the stock trading ex-demerger today. The Tata Motors demerger marks a pivotal step in its transformation into a dual-focused […]
Shares of Tata Motors Ltd. recorded a notional fall from ₹660.75 apiece on Monday to ₹399 apiece on Tuesday as a demerger came into effect. Meaning, the 40% “decline” in Tata Motors’ share price today is a technical adjustment and not a material one. Tata Motors shareholders will get one share in the spun-off CV […]
Google CEO Sundar Pichai on Monday announced plans to set up the first-ever Google AI hub in Visakhapatnam, calling it a “landmark development” that will combine gigawatt-scale compute capacity, a new international subsea gateway, and large-scale energy infrastructure. Prime Minister Narendra Modi with the CEO of Google and Alphabet Sundar Pichai during a meeting, at […]
Updated on: Oct 14, 2025 12:24:19 PM IST The Tata Motors demerger is aimed at unlocking value of Tata Motors PV business while retaining the heft of Tata Motors CV as India’s largest truck maker. Shares of Tata Motors Ltd. started trading on Tuesday excluding the value of its commercial-vehicle business, in what can be […]
The Union labour ministry has simplified and liberalised the partial withdrawal rules under the Employees’ Provident Fund (EPF) scheme, making it easier for its more than seven crore subscribers to withdraw up to 100 per cent of their EPF from their provident fund accounts. Notably, the Employees’ Provident Fund Organisation (EPFO) manages the retirement savings […]