Chandrasekaran’s resignation marks an unexpected end to a tenure of nearly 10 years during which he reshaped India’s largest business group. Shares of Tata Group companies came under pressure and fell by as much as 4%, after Tata Sons Chairman N Chandrasekaran resigned ahead of the conglomerate’s annual general meeting (AGM) scheduled for August 18….
Despite the decline, equity oriented schemes recorded their 65th consecutive month of positive inflows in July NEW DELHI: Equity mutual fund inflows fell 42% year-on-year to Rs 24,697 crore in July, as investors turned more selective amid concerns over valuations and muted equity returns, though sustained SIP contributions continued to provide strong support to the…
Top stocks to buy today on August 12, 2026 Stock market recommendations: JSW Energy, Gujarat Mineral Development Corporation (GMDC), and IRCTC have been recommended by Mehul Kothari, DVP – Technical Research at Anand Rathi Shares as the top stocks to buy today on August 12, 2026:JSW ENERGY: Buy between Rs 570–560 | Stop Loss: Rs…
Govt has set a target of supporting up to 45.8 lakh electric two-wheelers, with Rs 2,767 crore earmarked for the segment NEW DELHI: Govt has extended incentives for electric two-wheelers under the PM E-DRIVE scheme till March 31, 2028, while also working on a financing support mechanism to bring down borrowing costs for electric buses…
AI could widen the pool of borrowers by allowing banks to use data beyond conventional financial histories MUMBAI: RBI governor Sanjay Malhotra said AI could do to lending decisions what UPI did to payments and urged banks not to sit on the sidelines as India is well-placed to adopt the technology because of its public…
The acquired portfolio comprises operating projects with an established generation track record KOLKATA: The RP-Sanjiv Goenka Group (RPSG) on Monday announced that Purvah Green Power, the renewable energy platform of CESC, will acquire a 1.4 GWp operating solar portfolio from ReNew Solar Power for an enterprise value of Rs 4,859 crore.The portfolio, spread across six…
The disclosure follows a post by data security firm S2W on X BENGALURU: TCS informed the stock exchanges on Monday that it received threat-intelligence alerts alleging possible exposure to certain employee information but said its investigation found no credible evidence of a breach of its systems or customer environments.The disclosure follows a post by data…
Industry executives said the issue is becoming widespread. MUMBAI: Non-life insurers are moving decisively to tackle motor third-party fraud to curb losses, which have risen due to higher court awards for victims and the impact of uninsured vehicles on premium collections.Go Digit General Insurance said it secured an order from Madras High Court on July…
Russian crude made up 87 per cent of India’s total fossil fuel imports from Russia during the month. India’s purchases of Russian crude oil reached a fresh record in July for the second straight month, according to data compiled by the Centre for Research on Energy and Clean Air (CREA). This highlights India’s continued preference…
Fitch projected India’s GDP growth at 6.4 per cent for the current financial year. Fitch Ratings on Tuesday reaffirmed India’s sovereign credit rating at ‘BBB-‘ with a stable outlook. This extends India’s unchanged rating at the lowest investment-grade level to a 20th consecutive year.“Fitch Ratings has affirmed India’s Long-Term Issuer Default Ratings (IDRs) at BBB-…
