Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Tata Motors PV targets 10x volume growth by FY30; Chairman N Chandrasekaran aims for 20% market share
Tata Motors Passenger Vehicles aims for ten-fold volume growth by FY30. The company targets over 1.2 million vehicle sales and 20 percent market share. Significant investments in digital technologies and AI are planned across the value chain. Collaboration with Jaguar Land Rover leverages complementary strengths in manufacturing and technology. The company is committed to electric vehicle transition and future mobility.
Tata Motors PV confident of delivering industry-leading growth in FY27: Chairman N Chandrasekaran
Tata Motors Passenger Vehicles anticipates industry-leading growth in FY27. This confidence stems from a strong lineup of new vehicle launches and diverse powertrain options. The company will continue its collaboration with Jaguar Land Rover on manufacturing and technology. Focus remains on safety, sustainability, quality, and customer satisfaction. Tata Motors is committed to Net Zero by 2040.
TCS Nashik Case: No Formal Complaint Via Any Channel, Says Chandrasekaran; Promises To Fix Gaps
He added that TCS is committed to ensuring that all employees at the Nashik facility are able to speak freely with investigators.
ED investigates Vedanta Group for FEMA violations
A Vedanta spokesperson said the company was cooperating with the authorities. "We are extending full cooperation to the authorities and are providing all information sought. The company remains committed to compliance with all applicable laws and regulations. As the matter is currently under regulatory process, we are unable to comment further at this stage," the spokesperson said. -Our Bureau
ED investigates Vedanta Group for FEMA violations
A Vedanta spokesperson said the company was cooperating with the authorities. "We are extending full cooperation to the authorities and are providing all information sought. The company remains committed to compliance with all applicable laws and regulations. As the matter is currently under regulatory process, we are unable to comment further at this stage," the spokesperson said. -Our Bureau
TCS to Infosys, OFSS: Top IT stocks announce massive dividends in Q4FY26 despite AI-led headwinds
Despite mixed global demand, major Indian IT firms like TCS and Infosys continue to reward shareholders with dividends. This earnings season highlighted cash-rich companies committed to returning capital, with varied payout strategies amidst economic uncertainties.
Air India weighed down by external shocks: Singapore Air CEO
Air India's losses have significantly impacted Singapore Airlines' annual profit. Geopolitical issues, airspace closures, and currency fluctuations are cited as key reasons. Despite these challenges, Singapore Airlines remains committed to Air India's long-term turnaround. The airline is a core part of its multi-hub strategy. Support for the transformation continues alongside Tata Sons.
Hindustan Unilever to focus on regaining market share: Global CEO Fernando Fernandez
Unilever's leader, Fernando Fernandez, has placed his trust in Priya Nair, the head of India operations, as she embarks on a transformative journey to innovate the company’s offerings. Recognizing the challenges posed by rivals, the company is committed to regaining its competitive edge in India.
Air India, its subsidiary to operate 58 flights to and from West Asia
Amidst ongoing regional unrest and tight airspace regulations, Air India alongside Air India Express will be executing 58 flights to West Asia this Wednesday. They are committed to maintaining their key connections to Jeddah and Muscat and have also organized 36 non-scheduled flights to the UAE, contingent on all required permissions and the current situational landscape.
Iran sought permission for docking of 3 ships in Indian ports; approval granted: Jaishankar
India permitted three Iranian ships to dock at its ports. One vessel, IRIS LAVAN, docked in Kochi on March 4. This humane gesture was appreciated by Iran. The move comes amid rising tensions in the Indian Ocean following the sinking of an Iranian warship. India remains committed to ensuring the nation's energy security amidst global disruptions.
Sufficient fertilisers now, but problems may arise if West Asia conflict prolongs: Official
India currently possesses adequate fertilizer supplies. However, a prolonged conflict in West Asia may disrupt future crop seasons. Fertilisers and Chemicals Travancore Limited (FACT) assures farmers of continued supply. The company holds substantial raw material reserves. FACT is committed to meeting all agricultural needs. This ensures uninterrupted fertilizer availability for upcoming seasons.
India joins Pax Silica Declaration
India formally joined the Pax Silica coalition, marking a significant milestone in the strengthening of strategic technology and supply chain cooperation between India and the United States. The signing ceremony brought together senior government leaders from both nations, underscoring a shared commitment to securing the full technology stack that will power the AI-driven global economy. Pax Silica is envisioned as a strategic coalition of trusted nations committed to securing the silicon stack, from critical minerals and semiconductor fabrication to advanced AI systems and deployment infrastructure. The initiative seeks to reduce overconcentration in global supply chains, prevent economic coercion, and ensure that emerging technologies are developed and governed by open, democratic societies.