NEW DELHI: “Safety, reliability, profitability and pursuing disciplined and sustainable growth.” Air India‘s CEO and MD (proposed) Tewolde Gebremariam on Monday set these priorities out for the struggling airline group in his first Town Hall with employees. Apart from widening losses, AI’s safety practices and alleged lack of discipline among crew are under the scanner…
Internal dispute has also affected Tata Sons’ leadership MUMBAI: Weeks after Reserve Bank of India directed Tata Sons to comply with upper-layer NBFC-CIC norms, Tata Trusts chairman Noel Tata has proposed merging two subsidiaries, Tata Electronics Systems (TES) and Tata Consulting Engineers (TCE), with the 109-year-old holding company to take it outside the RBI’s regulatory…
While examining the ITR, the ITAT Delhi found that the bank account details had been provided through Form 3CD. (Image for representative purpose only) You make large cash deposits in your bank account, but report a much lower income in your tax return. The bank reports the deposits to the Income Tax Department as part…
Internal dispute has also affected Tata Sons’ leadership, with Noel Tata opposing the board to give chairman N Chandrasekaran another five-year term. Mehli Mistry to leave Tata Med Centre Trust, his 6th such exitNEW DELHI: Tata Trusts, which hold a 66 per cent stake in Tata Sons, have proposed merging two operating companies with the…
The Index of Industrial Production (IIP) recorded an index level of 123.3 in August, compared with 114.2 in the same month a year ago NEW DELHI: India’s industrial production grew 8 per cent year-on-year in August 2026, accelerating from the revised 7.4 per cent growth recorded in July, according to data released by the Ministry…
China cuts tariffs on US farm goods China is offering Washington a little tariff relief — but the door is far from fully open.Beijing plans to cut tariffs on several US agricultural goods, while keeping an additional 10% tariff on soybeans, one of the biggest US farm exports to China.The Chinese commerce ministry’s tariff-reduction list…
Gold remains under pressure as both bond yields and crude oil prices moved higher. Gold price crash today: The start of the week saw both the precious metals, MCX Gold and MCX Silver, crash on Monday as the rise in oil prices fuelled inflation worries and increased expectations that the US Federal Reserve could raise…
Both indices crashed over 1% amid the intensifying Iran-US conflict. Stock market crash today: BSE Sensex and Nifty50, the Indian equity benchmarks tanked in morning trade on Monday as persistently high crude oil prices and a spike in US bond yields added to investors’ woes. Both indices crashed over 1% amid the intensifying Iran-US conflict.While…
Rupee falls 20 paise against US dollar Rupee began Monday in red, slipping 20 paise to 95.95 against the US dollar in early trade. The decline came as a strengthening greenback, continued foreign fund outflows and elevated crude oil prices added pressure on the domestic currency amid the ongoing Middle East conflict.The currency began the…
Gold prices fell sharply on Monday, extending losses to more than 2%, as a surge in oil prices stoked inflation concerns and strengthened expectations that the US Federal Reserve could keep interest rates higher for longer.Spot gold fell 2.1% to $4,198.10 an ounce as of 9:35 am IST, putting it on track for its biggest…