Business

Tata Capital GMP: The conservative GMP indicates investor wariness regarding immediate returns. (AI image) Tata Capital IPO: The initial public offering of Tata Group’s flagship financial services arm Tata Capital got a big thumbsup from brkokerages, with several positive reviews. Yet, the Grey Market Premium (GMP) has crashed to just 3%. The GMP is usually…

Asian stocks mostly rose on Tuesday, though trading was quiet due to holiday closures in some markets. Japan’s Nikkei 225 hit a new record, lifted by optimism over possible government spending and tax cuts under the country’s soon-to-be first female prime minister.The Nikkei was trading up 0.3% to 48,098, following a nearly 5% surge on…

Banks in many parts of the country are closed today, October 7, on the occasion of Maharshi Valmiki Jayanti and Kumar Purnima. Banks across India follow holidays set by the Reserve Bank of India (RBI), which include national and regional holidays, as well as Sundays. Here is a list of states and UTs where banks…

Shopping in Qatar but concerned about the payment method in a foreign land? Now you can use UPI to pay for your spree in this mall.India has expanded its digital payment network overseas, with the launching of the Unified Payment Interface (UPI) in Lulu Group’s Stores in Qatar.The move comes after its roll out at…

Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, the top stocks to buy today are Mahindra & Mahindra Ltd (M&M), and Bharat Forge:M&M – Buy in the range between Rs 3,465 & Rs 3,480; Stop Loss: Rs 3,330; Target: Rs…

File photo: Union minister Nitin Gadkari NEW DELHI: Prices of electric vehicles will match that of petrol-diesel ones in next four-to-six months, Nitin Gadkari, minister of road transport and highways said on Monday Speaking at a Ficci event, Gadkari said, “When I launched electric vehicles, the battery cost was $150 per kilowatt hour. Today it’s…

BENGALURU: TCS has rolled out a tiered severance package for about 12,000 employees, primarily affecting mid- and senior-level executives. This move is part of a major workforce realignment as the company ramps up investments in AI, data, and cybersecurity, while phasing out roles that cannot be redeployed within the organisation. The decision has sparked a…

India’s trade position risks losing ground in global markets without increased exports to China and reduced import duties on raw materials, warned the head of a government policy think tank on MondayNITI Aayog CEO BVR. Subrahmanyam emphasised that strengthening trade relations with China is crucial for enhancing India’s manufacturing exports, particularly as Asia emerges as…

Trump has valued the tariff income, declaring it has restored national wealth. (AI image) Donald Trump administration’s tariff collections – running into billions of dollars – is threatened in case the Supreme Court decides to strike down the US President’s tariff policies. Trump himself has warned that any decision against his tariff policies would spell…

AI image used for representative purposes NEW DELHI: Union Road Transport and Highways Minister Nitin Gadkari on Monday said that electric vehicle (EV) prices in India are expected to match the cost of petrol vehicles within four to six months, highlighting the economic and environmental pressures of India’s Rs 22 lakh crore annual fuel import…