India continues to be a "bright spot" in the global economy despite geopolitical uncertainties, and offers "strong growth" as well as a very large market, even as consumer preferences and spending patterns are undergoing constant change, Tata Consumer Products Chairman N Chandrasekaran said on Wednesday. Addressing shareholders of the Tata Group's FMCG arm Tata Consumer Products Ltd (TCPL) at its 63rd Annual General Meeting, Chandrasekaran said the world today is being reshaped by geopolitical shifts, supply chain disruptions and realignments, energy transition and rapid advancements in Artificial Intelligence. This year started on an optimistic note with key developments such as the landmark trade agreement with the European Union and finalisation of the framework for an interim bilateral trade pact between India and the United States. However, concerns over economic slowdown, weakening output and inflationary pressures resurfaced after the outbreak of the West Asia conflict late .
Indian corporate bond yields have eased after the Reserve Bank of India maintained key policy rates unchanged last week, providing some relief to the market
Tata Trusts, the string of non-profits that own two-thirds of the salt-to-software conglomerate, on Friday denied any wrongdoing in a 1989 share transfer. In a statement, TT refuted allegations made by a private person regarding the share transfer made by the Navajbai Ratan Tata Trust (NRTT) to the late Naval H Tata in the year 1989 as "baseless, unsubstantiated and malafide". The statement came after reports of one Suresh Patilkhede approaching the Charity Commissioner's office with a request to initiate an inquiry pertaining to the transfer of 833 shares between the two parties. As per reports, Patilkhede's move comes days ahead of a crucial board meeting of Tata Trusts on June 8. "It is affirmed that the transaction was lawful, undertaken for consideration and fully compliant with the rules in force at that point in time," the TT statement said. The share transfer was cleared at the appropriate levels, including by eminent lawyer Nani A Palkhivala, and approved by the then boar
BigBasket appoints long-time executive Seshu Kumar Tirumala as COO to strengthen operations and drive growth across its quick commerce business
Tata Group-owned online grocery platform bigbasket on Thursday announced the elevation of Seshu Kumar Tirumala as its Chief Operating Officer (COO). In his new role, Seshu will lead Operations and play a key role in driving execution as bigbasket continues to strengthen its quick commerce business and scale for the future, the company stated. He has been associated with bigbasket since 2014, beginning as National Head - Buying & Merchandising and later rising to Chief Buying and Merchandising Officer. "Seshu has played an important role in building many of the capabilities that have shaped bigbasket's growth over the years, from our private label business to our farmer sourcing network. His deep understanding of the business and strong track record of execution make him well suited for this role," Hari Menon, Founder & CEO, bigbasket, said. Seshu said: "My focus will be on strengthening the systems that power our farm-to-customer journey, enhancing execution across our ...
Stocks to Watch today, June 3: Infosys, Alkem Labs, Paytm among others in focus; here's why
Om Mehra of SAMCO Securities believes that Tata Capital stock is approaching a critical confluence zone around ₹300-mark; but adds that a move above its 20-DMA is key for a likely revival.
He opened his letter stating, "We are operating in an era defined by profound structural shifts, heightened geopolitical sensitivity and rapid technological advancements"
Until now, Tata Sons has remained unlisted, but there is now pressure to list from internal stakeholders, including its second largest shareholder, the Shapoorji Paloonji (SP) Group
Singapore Airlines cites mounting Air India losses, geopolitical uncertainty and operating challenges for steep decline in annual net profit
Deal gives Vyome entry into the fast-growing market for next-generation autoimmune and inflammatory disease drugs
Brokerages tracked by Business Standard expect Tata Motors's passenger vehicle (PV) business to deliver a mixed performance in Q4FY26
Air India has deferred annual salary increments and urged employees to cut discretionary spending amid rising fuel prices and geopolitical disruptions
Titan's consolidated total income grew 46 per cent year-on-year to ₹20,300 crore as compared to ₹13,891 crore in the year-ago period
This marks Trent's first bonus issue in nearly 30 years. The company had last issued bonus shares in 1996 in a 1:1 ratio.
Air India board reviews mounting FY26 losses, cost cuts and CEO succession plans as fuel prices and West Asia disruptions hit operations
Tata Group and JSW Group are separately funding research and development centers aimed at building in-house expertise in next-generation battery technologies and advanced EV systems
If the review implies Srinivasan's exit from the Tata Sons board, Noel Tata will remain the only trustee nominee there
While relying on its minority shareholder for operational support, Tata Group, which owns 74.9% of Air India, is focusing on commercial, human resources, finance and information technology functions
Tata Communications reported a net profit of ₹263 crore in Q4FY26, down 65.44 per cent from ₹761 crore in the year-ago period, due to higher costs and one-off impacts