Tata Steel’s two Dutch subsidiaries are facing a €1.4 billion lawsuit in the Netherlands alleging health and property damage caused by emissions from the company’s steelmaking operations, a charge which the Indian conglomerate labelled as “unsubstantiated and speculative”. Image used
The stock of the country’s largest beer maker, United Breweries (UBBL), is trading at 25-month lows given multiple headwinds related to volumes, regulatory issues, and margin trajectory. Photograph: Rupak De Chowdhuri/Reuters After a muted second quarter (July-September) of 2025-26 (Q2FY26),
Vedanta, a conglomerate in mining and metals, has seen a surge in its share price on the back of multiple triggers. Photograph: Danish Siddiqui/Reuters Its demerger appears to be on track, a strong non-ferrous commodity cycle is boosting margins, and
‘In India’s competitive automotive market, staying relevant means continuously raising the bar.’ Source link
Passive funds have resumed gaining ground in the mutual fund (MF) industry after a slowdown in 2024, with their share of assets under management (AUM) reaching an all-time high in 2025. Illustration: Dominic Xavier/Rediff The surge has been driven largely
India’s forex reserves jumped by $4.36 billion to $693 billion during the week ended December 19, the Reserve Bank said on Friday. Illustration: Dado Ruvic/Reuters The overall kitty had increased by $1.69 billion to $688.95 billion in the previous week.
Benchmark stock index Sensex dropped by 367 points in its third straight day of losses on Friday due to foreign fund outflows and lack of any major domestic triggers. Photograph: Arko Datta/Reuters Falling for the third consecutive day, the 30-share
A shift appears underway in India’s tax landscape. States with relatively smaller tax collections like Odisha and Telangana are emerging as the fastest-growing contributors to indirect and direct tax collections, respectively. Illustration: Dominic Xavier/Rediff They are challenging the long-standing dominance
Sunil Bharti Mittal-led conglomerate Bharti Enterprises and private equity firm Warburg Pincus will collectively acquire a 49 per cent stake in Haier Appliances India, the local unit of China’s Shandong-based Haier group, for an undisclosed amount. Photograph: Aly Song/Reuters The
‘Unlike the US, which is largely homogeneous, India has many languages, many demographics, very different discretionary spending, and very different digital maturity.’ Image used for representation purpose only. Photograph: Francis Mascarenhas/Reuters Prosus, the Amsterdam-based technology investor with net assets valued
