The Tata Group has begun scouting for a suitable candidate to head Air India, as the tenure of the incumbent, Campbell Wilson, will end next year, sources have said. Photograph: Toby Melville/Reuters Meanwhile, the Group is also looking to appoint
Only 17 per cent of boards play an active role in shaping company strategy, said a survey by the Indian School of Business (ISB). Illustration: Dominic Xavier/Rediff According to the survey, 83 per cent of the boards remain passive, playing
Equity benchmark indices Sensex and Nifty ended lower on Monday, dragged by blue-chip HDFC Bank, Reliance Industries and IT stocks amid fresh warning from the US to further raise tariffs against India. Photograph: Arko Datta/Reuters The 30-share BSE Sensex dropped
The number of rights issues more than doubled and hit a 28-year high in 2025, even as qualified institutional placements (QIPs) shrank amid a broader market correction and the Securities and Exchange Board of India’s (Sebi’s) revised framework for rights
Macroeconomic data announcements, global trends and trading activity of foreign investors would be major driving factors for market movement this week, analysts said. Illustration: Uttam Ghosh Unabated capital infusion by domestic institutional investors have supported the positive trend in the
Electric vehicle (EV) penetration in the luxury car segment has seen a drop by nearly 3 percentage points in the GST 2.0 era with the internal combustion engine versions offering better total cost of ownership, according to industry players. Photograph:
Foreign portfolio investors have started 2026 on a cautious note, extending their selling streak from last year by withdrawing Rs 7,608 crore ($846 million) from Indian equities in the first two trading sessions of January. Illustration: Dominic Xavier/Rediff The withdrawal
Brokerages also cut rating and share price targets for the stock Analysts have sharply reduced cigarette maker ITC’s earning estimates for the next two years, fearing a significant dent in the company’s profitability and margins. Illustration: Dado Ruvic/Reuters This is
Companies’ rent and lease expenses have seen a significant decline relative to the money they make since the pandemic. Illustration: Dominic Xavier/Rediff Rent and lease expenses were the equivalent of 0.72 per cent of the total value of goods produced
Driven by improved customer experience, Ola Electric is witnessing “clear outcomes” in market share from its focused service transformation programme, the company said, as it registered 9,020 units in December, lifting its month-on-month share to 9.3 per cent from 7.2
