Tata Trusts, which exerts decisive influence over India’s most valuable conglomerate through its about 66 per cent stake of Tata Sons, finds itself in the midst of infighting among its trustees over board appointment and governance issues. IMAGE: Bombay House,
Finance Minister Nirmala Sitharaman on Tuesday launched the foreign currency settlement system in GIFT IFSC, which will facilitate seamless transactions on real-time basis, enhance liquidity management, and ensure compliance. Image used for representation purpose only. Photograph: ANI Photo Currently foreign currency
HAL’s order book amounts to Rs 2.45 trillion by end of Q2FY26, implying a book-to-bill ratio of 32 times based on FY25 revenue. IMAGE: The indigenous Light Combat Aircraft Tejas. Photograph: ANI Photo The ministry of defence (MoD) has
Gold prices skyrocketed by Rs 9,700 to scale a fresh peak of Rs 130,300 per 10 grams in the national capital on Monday, lifted by safe-haven buying in the overseas markets and depreciation in the rupee. Photograph: Mike Segar/Reuters According
Stock markets rallied for the third consecutive day on Monday, with benchmark Sensex climbing 583 points and the Nifty reclaiming the 25,000-level following value buying in IT and financial shares. Photograph: Danish Siddiqui/Reuters The 30-share BSE Sensex jumped 582.95 points
The move offers flexibility in compliance but also places penalties squarely on the designated manager of such a pool. Kindly note the image have only been published for representational purposes. Photograph: Amit Dave/Reuters/Rediff Archives Automakers struggling to meet Corporate Average
Trading sentiment in the equity market will be guided by macroeconomic data announcements, global trends and quarterly earnings from IT major TCS this week, analysts said. Illustration: Uttam Ghosh Stock markets would also be tracking trading activity of foreign investors
India’s crude oil imports from Russia saw a marginal decline in September, but continued to account for over one-third of the country’s total oil purchases, despite US pressure to curb the trade over concerns that it supports Moscow’s war effort
The primary market is set for a busy week as two major companies, Tata Capital Ltd and LG Electronics India Ltd, gear up to launch their initial public offerings (IPOs), collectively worth more than Rs 27,000 crore. Illustration: Dominic Xavier/Rediff
Foreign portfolio investors (FPIs) remained net sellers of Indian equities in September, withdrawing Rs 23,885 crore (around $2.7 billion) and taking year-to-date outflow to Rs 1.58 lakh crore ($17.6 billion). Illustration: Dominic Xavier/Rediff This marks the third consecutive month of
