India’s next generation of racers dream of an F1 breakthrough In a country where cricket dominates the sporting landscape, motorsport continues to fight for attention. For young Indian racers, reaching Formula 1 remains the ultimate ambition, but the path to the top comes with financial constraints, limited opportunities and sacrifices away from the track.For Saishiva…
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: 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: 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…
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…
NEW DELHI: State-owned Oil and Natural Gas Corporation (ONGC) on Thursday reported a 57.3% year-on-year jump in standalone net profit in the Sept quarter, driven by higher crude oil and natural gas realisations despite a decline in production. Profit stood at Rs 15,488.6 crore compared with Rs 9,847.9 crore in the year-ago period. Source link
MUMBAI: Mehli Mistry, former trustee of the Bai Hirabai Jamsetji Tata Navsari Charitable Institution, has contested Noel Tata’s qualification to sit on the same board under the trust’s century-old deed, raising questions about his faith, citizenship and residence.In a rejoinder filed before the Maharashtra Charity Commissioner on Thursday, Mistry sought directions requiring Noel to file…
US President Donald Trump MUMBAI: A global rally in stocks post Americans’ rebuke to Trump’s policies through the recent midterm polls lifted investor sentiment on Dalal Street on Thursday with the sensex closing 2,009 points or 2.6% higher at 79,310 points – the highest level in eight months.Since Wednesday, after US poll results started coming…
