NEW DELHI: Mahindra & Mahindra’s consolidated net profit rose 25% to Rs 4,588 crore in the Sept quarter, as strong growth in its automobile business offset a decline in farm earnings. Revenue increased 25% to Rs 57,553 crore.Mahindra’s auto business reported a 55% increase in consolidated profit to Rs 2,388 crore, with revenue rising 39%…
NEW DELHI: India’s cybersecurity agency has called for testing whether AI agents can leak confidential data or take unauthorised actions, putting permissions and human oversight at the centre of its audit guidelines.CERT-In’s AI Security Auditing Guidelines, dated Nov 4, specify limits on agents’ access to business systems, records of their actions and emergency interruption mechanisms…
NEW DELHI: Adani Ports and Special Economic Zone (APSEZ) has agreed to acquire 100% of Netherlands-based Evos BV from Igneo Infrastructure Partners at an enterprise value of $2.9bn, marking a major expansion of its international operations and giving it a significant presence in Europe’s liquid storage and energy infrastructure market.The proposed all-cash transaction values Evos…
BENGALURU: Britannia Industries reported a 10.8% year-on-year rise in consolidated net profit to Rs 726 crore for the Sept quarter, even as expenses grew faster than income. It had posted a profit of Rs 655 crore a year earlier. Total income rose 15.9% to Rs 5,671 crore in the second quarter of FY27, compared with…
NEW DELHI: India has got a step closer to having satcom, with Telecom Regulatory Authority of India (Trai) recommending the introduction of new authorisation – “satellite communication network (SCN)” under the Telecom Act, 2023, and assignment of spectrum to SCN authorised entities, which will supply capacity to telcos and not directly serve consumers.Proposed to be…
NEW DELHI: Noel Tata will retire as vice-chairman and director of Titan on Nov 12 under Tata group governance guidelines, the company said on Thursday. He has been associated with the jewellery and watches company since Aug 2003. The announcement came as Titan reported a 114% year-on-year increase in consolidated net profit to Rs 2,393…
NEW DELHI: Brent crude prices fell below $94 a barrel late on Wednesday for the first time in two months, before inching up to $97.7 Wednesday evening, as markets weighed the possibility of an end to the Iran conflict following the electoral setback to Republicans in the midterm elections and US President Donald Trump’s acknowledgement…
Julia Child’s former home in Cambridge, Massachusetts, has found a new owner, selling for $6.525 million just weeks after hitting the market. The historic property, where the celebrated chef spent four decades and filmed several of her television cooking shows, has changed considerably since her time there. While the house has undergone a major renovation,…
Mistry urges commissioner to rule on earnings Of Tata Trusts nominees on Tata Sons boardMUMBAI: Former Sir Dorabji Tata Trust (SDTT) trustee Mehli Mistry on Thursday urged the Maharashtra Charity Commissioner (MCC) to rule that commissions earned by Tata Trusts-nominated directors on the board of Tata Sons belong to the charitable trusts and should be…
Representative Image (AI-generated) A construction project can become an expensive dispute when work crosses a property boundary. In Oregon, a landowner alleged that workers clearing an adjoining parcel removed trees, shrubs and other plants from as much as 150 feet inside his property. A jury found that the timber trespass was intentional and awarded him…
