Shares of Tata Investment Corporation rose 6.43% to Rs 739.75 during Friday’s trading session, extending their rally to a fifth straight day. The stock has risen nearly 18% in the past five sessions, fueled by market speculation that N Chandrasekaran is likely to secure a third term as chairman of Tata Sons.The rally follows strong […]
Indian benchmark indices ended the week with a gain of 1.6%, helped by the strength of IT and healthcare stocks. When markets reopen on Monday after the holiday week, a host of key domestic and global triggers are likely to impact sentiment. On Friday, the Nifty closed 103.55 points, or 0.41%, higher at 25,285.35. Commenting […]
Tata Group investors have little to celebrate this year. As boardroom infighting within Tata Trusts comes to light, shares of major group companies have fallen sharply from their all-time highs, with Tata Motors down 42% and Tata Consultancy Services (TCS) down 33%, taking the group’s combined market value down by Rs 4.56 lakh crore by […]
The British luxury car manufacturer Jaguar Land Rover said on Tuesday that it extended its current break in production until 24 September, after a disruption of a cyber security incident that was announced earlier this month. “Today we informed colleagues, suppliers and partners that we have extended the current break in our production until Wednesday […]