Strong growth in tyre exports in Q1 reflects the growing acceptance of Indian-made tyres across global markets Chennai: India’s tyre exports grew 16% year-on-year to ₹7,700 crore in the first quarter of FY27, despite geopolitical uncertainty, supply chain disruptions, and elevated input and logistics costs, the Automotive Tyre Manufacturers’ Association (ATMA) said, citing Commerce Ministry…
BENGALURU: At 12 pm on Friday, Raksha Bandhan shoppers on Instamart were ordering 857 rakhis every minute. One Bengaluru customer spent Rs 10,995 on five rakhis featuring 24-karat gold coins, while a shopper in Gurugram put together a Rs 14,630 basket containing rakhis, skincare products, chocolates and soft toys.These were among the festive snapshots shared…
He scored more than 400 goals, inspired India’s dominance of world hockey and was the central figure in the country’s first hat-trick of Olympic gold medals. Decades after his playing career ended, Major Dhyan Chand remains one of the most revered figures in Indian sporting history.His contribution is remembered every year on August 29, his…
Jio IPO gets Sebi approval MUMBAI: Jio Platforms, the digital arm of Mukesh Ambani’s Reliance Industries, has secured Sebi clearance for an initial public offering (IPO) expected to raise up to $4 billion, setting the stage for what could be India’s largest-ever stock market debut.In a stock exchange filing on Friday, RIL said Jio Platforms…
Pakistan’s head coach Sarfaraz Ahmed (AP photo) Pakistan head coach Sarfaraz Ahmed has said he and his players were completely unaware of the Pakistan Cricket Board’s reported threat to withdraw from the Lord’s Test after Sky Sports aired an interview with Imran Khan’s sons.The controversy emerged during the lunch break on the first day of…
Corporate sales growth accelerated to 19.4% in Q1FY27 but net profit growth slowed to 14.1% as input costs and taxes rose. MUMBAI: The private corporate sector began FY27 with a marked acceleration in sales, but the improvement was less impressive at the bottom line as rising input costs and tax provisions absorbed much of the…
Reliance Industries has denied allegations made by Essel Group chairman Subhash Chandra. Chandra claimed Ambani’s media group conducted a witch hunt against him. He also alleged associates manipulated Zee’s share price and used shell entities. Chandra further stated Ambani sought to acquire Zee in collusion with an investor. Lenders are now challenging a tribunal-approved settlement…
Industrial production grows 6.7% in July, driven by manufacturing and electricity, cooling from June’s 8.8%. NEW DELHI: Industrial production grew 6.7% in July as compared to 5.4% expansion a year ago as the manufacturing and electricity sector saw robust growth, the index of industrial production (IIP) data released Friday showed.Sequentially, the industrial production cooled from…
Tata Group in talks with Shapoorji Pallonji for potential share swap or buyout of its 18.4% stake in Tata Sons. The Tata Group is in talks with its biggest minority shareholder on proposals to unlock liquidity, including a potential swap of shares of its listed entities, as the Shapoorji Pallonji Group seeks funds to repay…
Meta India, SE Asia VP Devanathan joins OpenAI BENGALURU: Meta’s vice-president for India and Southeast Asia, Sandhya Devanathan, is leaving the social media giant after more than a decade to join OpenAI, where she will become vice-president for Southeast Asia and Australia.Devanathan will be based in Singapore and report to Kiran Mani, OpenAI’s managing director…
