Tata Motors chairman N Chandrasekaran MUMBAI: Tata Sons’ board met on Friday to approve the company’s financial results for the year ended March 31, 2026, recommending a dividend to equity shareholders, even as it kept chairman N Chandrasekaran’s reappointment off the agenda for a second consecutive time.“The board stuck to the agenda and there was…
BENGALURU: Byju Raveendran secured a temporary reprieve after the Singapore High Court stayed key provisions of an earlier order sentencing him to six months in prison for civil contempt.In a statement on Friday, his legal counsel, Lazareff Le Bars, said the General Division of the Singapore High Court stayed the committal and surrender provisions of…
NEW DELHI: Retail inflation based on consumer price index (CPI) inched up for the fourth consecutive month to 3.9% in May from 3.5% in April on account of acceleration in food prices, data released by NSO on Friday showed. The food index rose 4.8% in May, above 4.2% in the preceding month.Despite the staggered increase…
India’s efforts to build indigenous artificial intelligence models received a boost this week as Avataar AI unveiled Varya, a video generation model designed to better understand Indian cultural contexts while significantly reducing the cost associated with AI video creation.The Bengaluru-based startup, backed by Peak XV Partners and selected under govt’s India AI Mission, said the…
MUMBAI: In a world where people are increasingly relying on AI tools, companies have a new hiring challenge: AI-generated resumes. Firms are finding it difficult to select candidates for job roles from a flood of CVs that look alike, making soft skills more valuable than ever, said Nicholas Kirk, CEO at recruitment firm Michael Page.The…
MUMBAI: Tata AIG General Insurance reported a net profit of Rs 1,008 crore for FY26 despite facing the largest claim in Indian aviation history last year. The company’s books were protected due to its conservative policy of reinsuring the bulk of large risks.The General Insurance Corporation had estimated claims of over $400 million last year…
The spotlight will be firmly on SpaceX on Friday as the Elon Musk-led company finally begins trading on the Nasdaq, marking the start of what investors hope will be a historic market debut. The listing will test whether the extraordinary demand seen during the IPO process can sustain momentum once the stock enters public trading….
Pakistan is looking to expand exports of donkey meat and other donkey-derived products to China, where demand is being driven by the perceived “nutritional and medicinal properties” of such products, according to the Pakistan Economic Survey 2025-26 as reported news agency PTI.The survey, released on Thursday by finance minister Muhammad Aurangzeb, identified donkey meat exports…
Not very long ago, a railway journey in India often began with a queue.Passengers would visit reservation counters, wait for printed tickets, check paper charts pasted outside coaches and rely on station inquiry windows for information about delays or platform changes.Today, much of that experience fits inside a smartphone. A passenger can book a ticket,…
Elon Musk has become the world’s first trillionaire on Friday after SpaceX made its stock market debut on Nasdaq.The company’s shares jumped over 21 per cent shortly after listing, lifting Musk’s estimated fortune above the $1 trillion mark, according to Bloomberg. The bulk of his wealth exists on paper, rather than cash, derived primarily from…
