This is an AI-generated image, used for representational purposes only. India is working to resolve the ongoing rare earth magnet supply crisis and reduce reliance on China by ramping up domestic production and offering incentives, heavy industries minister H D Kumaraswamy said on Tuesday.“We are working on it,” Kumaraswamy told reporters, adding that Hyderabad-based Midwest…
Jaguar Land Rover (JLR), the British luxury car arm of Tata Motors, will begin assembling its premium vehicles at a new facility in Tamil Nadu by early 2026, senior executives said on Tuesday. The plant will assemble Range Rover Evoque and Velar SUVs from completely knocked down (CKD) kits, with a projected capacity of 30,000…
This is an AI-generated image, used for representational purposes only. Oil markets swiftly reversed initial panic after Israel’s June 13 strike on Iran, with Brent crude falling back below $70 per barrel as traders sensed the conflict would not escalate further. Despite a brief $10 spike, the muted response from Tehran, including a symbolic missile…
Air India’s CEO Campbell Wilson is collaborating with N Chandrasekaran on strategic planning and regulatory matters. Air India plane crash: N Chandrasekaran, Tata Group‘s chairman, has taken direct control of Air India’s daily operations following the recent Ahmedabad plane crash that has presented a major challenge for the conglomerate. His current responsibilities include managing crucial…
This is an AI-generated image, used for representational purposes only. The Indian rupee extended its gains for a second consecutive session on Wednesday, rising 13 paise to 85.92 against the US dollar in early trade, buoyed by hopes of a lasting ceasefire between Israel and Iran and strong cues from domestic equities.At the interbank foreign…
Markets are anticipated to maintain stability, supported by decreasing geopolitical tensions and favourable domestic indicators. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday following global cues. While Nifty50 was above 25,100, BSE Sensex was up over 300 points. At 9:16 AM, Nifty50 was trading…
Walmart president and CEO Doug McMillon doesn’t mince words. In an interview, McMillon (59), who oversaw the US retail giant’s acquisition of a controlling stake in Flipkart in 2018 in a $16-billion deal, tells TOI that the company seeks a level-playing field in the countries it operates, that would mean opening up the inventory based…
Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, Ramco Systems, Minda Corp, and JSW Infrastructure are the top stocks to buy today:RAMCO SYSTEMS – Reversal from SupportBuy near ₹390 | Stop Loss: ₹345 | Target: ₹480Ramco Systems is in…
NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday dismissed US charges of India being a “tariff king,” asserting that applied duties were lower than the rates approved by Parliament and underlined that govt initiated reforms to simplify the regime.“For those who still believe in the commentary made in the US that India may be the…
NEW DELHI: Govt on Tuesday opened the window for auto companies to sell imported EVs by paying lower duty in return for promising to invest in the country. While Tesla has opted to stay out, doors have been shut for Chinese companies, such as BYD.Heavy industries and steel minister H D Kumaraswamy said four-five companies…
