Tata Motors is planning to invest Rs 15,000 crore in the EV segment in the next five years, a top company official has said. The company, which is a leader in the newly emerging EV segment with offerings such as Nexon, is also planning to develop around 10 more new offerings in the segment, president for Passenger Vehicles Business of Tata Motors Shailesh Chandra said. "As far as future is concerned, in next five (years) we will invest Rs 15,000 crore in electrification.
Speculations over Dhoni's future intensified ever since India lost their big-ticket World Cup semifinal against New Zealand earlier this month.
The Centre has accorded a security cover of armed Central Industrial Security Force (CISF) commandos for the Hyderabad premises of Bharat Biotech, one of the major COVID-19 vaccine manufacturers in the country, official sources said on Tuesday.
Gujarat will go to polls in two phases on December 1 and 5 with the counting of votes on December 8 along with that of Himachal Pradesh, Chief Election Commissioner Rajiv Kumar announced.
Benchmark stock indices Sensex and Nifty tumbled nearly 1 per cent on Wednesday due to profit booking in banking, financial and IT stocks after a recent rally. The 30-share BSE Sensex plunged 537.22 points or 0.94 per cent to end at 56,819.39 as 24 of its stocks declined. During the day, it tanked 772.57 points or 1.34 per cent to touch a low of 56,584.04. The broader NSE Nifty declined by 162.40 points or 0.94 per cent to 17,038.40 with 39 of its constituents ending in the red. Bajaj Finance was the biggest loser among Sensex stocks, dropping by 7.24 per cent.
The government on Monday signed the share purchase agreement with Tata Sons for the sale of national carrier Air India for Rs 18,000 crore. Earlier this month, the government had accepted an offer by Talace Pvt Ltd, a unit of the holding company of the salt-to-software conglomerate, to pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt. Following that, on October 11 a Letter of Intenet (LoI) was issued to the Tata Group confirming the government's willingness to sell its 100 per cent stake in the airline.
The CLP meeting began about three hours later than scheduled, with ministers and MLAs flashed victory signs for the cameras.
In the post-match press conference, Mithali Raj talked about the positives from two Tests that the team has played this year.
Accusing the previous governments of not making efforts to change the 'narrow' mindset towards sports, Modi said the sports world was marred by maladies like games of nepotism, casteism, corruption and discrimination earlier at every level right from the training to team selection.
A round-up of Day 2 of the Ranji Trophy matches played on Wednesday.
"Financial bids for Air India disinvestment received by Transaction Adviser. Process now moves to concluding stage," DIPAM Secretary Tuhin Kanta Pandey tweeted.
The focal point of the multi-agency rescue operation for the last over four days remains the more-than-1.5-km-long "head-race tunnel" of the total 2.5 km of the tubular structure, as every passing minute is mounting concerns over the safety of those trapped inside.
Gaurav Mohta, chief marketing officer, Home First Finance Company will answer your home loan queries.
The surprise reiteration of the ceasefire agreement by the two neighbours from the midnight of February 24 last year came as a huge relief to the people of Uri near the Line of Control in Jammu and Kashmir.
Raman was removed by Lal and Naik's CAC, which reinstated Ramesh Powar, who was removed from the same post in 2018.
The petition demanded stern legal action against those who allegedly threatened to massacre Muslims and said it was not just a matter of religion but of the Constitution, law, unity and integrity of the country.
Media major Zee Entertainment Enterprises Ltd (ZEEL) has cancelled its board meeting, scheduled to be held on Wednesday for considering the results for the July-September quarter, due to lack of quorum. In a regulatory filing on Tuesday, ZEEL said, "A meeting of the Board of Directors of the Company, which was scheduled to be held on Wednesday, October 27, 2021, inter alia, to consider and approve the unaudited financial results of the Company both on a standalone and consolidated basis for the 2nd quarter and half year ended September 30, 2021, has been cancelled due to lack of quorum." The development comes at a time when the company is battling it out the single-largest shareholders Invesco Developing Markets Fund (formerly Invesco Oppenheimer Developing Markets Fund) and OFI Global China Fund LLC that together hold 17.88 per cent and have been pressing for an extraordinary general meeting of shareholders for removing managing director Punit Goenka, besides opposing ZEEL's proposed merger deal with Pictures Network India (SPNI).
According to experts, this will have major impact on new investments by Chinese players in companies, such as Paytm, Ola, BigBasket, Byju's, Dream11, MakeMyTrip, and Swiggy, when they go for follow-up funding. Chinese investors, such as Alibaba, Tencent, and Xiaomi, are active in the Indian start-up space, and have collectively invested billions of dollars.
Of the 181 inmates who tested positive for the virus, 177 have fully recovered.
The newly-inducted aircraft will carry out the 'Vertical Charlie' formation.
Assistant Sub-Inspector Babu Ram and Constable Altaf Hussain Bhat of Jammu and Kashmir Police were on Saturday posthumously conferred with the Ashoka Chakra and the Kirti Chakra awards respectively on the eve of the 75th Independence Day. While the Ashoka Chakra is India's highest peacetime gallantry honour, Kirti Chakra is the second in order of precedence of peacetime gallantry awards.
Defending champions Mumbai Indians will start as firm favourites against bottom-placed SunRisers Hyderabad in the IPL match in Delhi on Tuesday.
"After going through the reports the commission decided that Vivek Sahay IPS, Director Security shall be removed from the post of the Director Security and be placed under suspension immediately. The charges must be framed against him within a week for grossly failing in discharge of his primary duty as Director Security to protect the Z+ protectee," it said.
'It's a dream, but will I give it up? No bloody way,' Umesh Pandey, the former Bangkok Post editor turned Opposition candidate, tells Rahul Jacob.
Joginder Tuteja celebrates her birthday by looking at her top 10 songs.
There will be no second term for President Kovind and no elevation for Vice President Naidu.
Home Minister Rajnath Singh, Information and Broadcasting Minister Smriti Irani, Uttar Pradesh Chief Minister Yogi Adityanath and Uttarakhand Chief Minister Trivendra Singh Rawat reached the poll-bound state besides Union ministers J P Nadda and Thawar Chand Gehlot, and Bihar minister Mangal Pandey, who are already camping here.
Images from the second One-Day International between India and Sri Lanka, in Colombo, on Tuesday.
India's tax pie seems to have undergone a subtle change with a sharp drop in direct tax collections resulting from a disproportionate impact of the COVID-19 carnage on incomes. The share of indirect taxes, which mainly comprise of levy on goods and services as well as import duty, has risen while that of direct taxes - made up of corporate and personal income tax - has gone down in 2020. In an interview with PTI, finance secretary Ajay Bhushan Pandey said in a pandemic like this where the economy has been impacted, any large scale changes impact direct taxes more severely, whereas indirect tax collection is mostly proportional to business turnover and compliance.
Security personnel at work inside the tunnel rushed out and heavy machines engaged in drilling through the debris and sludge inside were withdrawn.
Acquisitions may have played a role in much of the increase.
Automobile dealers' body FADA has urged the government to formulate a task force to monitor the compensation structure being worked out by Ford India for its dealer partners across the country. In a letter to Heavy Industries Minister Mahendra Nath Pandey, FADA president Vinkesh Gulati also requested the government to instruct Ford India to keep the industry body in the loop regarding the compensation structure for the dealerships. "We humbly request your Ministry's intervention... Create a task force which takes day-to-day updates from Ford India to monitor the compensation plan for automobile dealers and dealership employees," Gulati said in the letter.
Buying a used vehicle is a lot more complicated. Not only do you have to worry about its condition, you also have to think about whether the price you are offering is anywhere close to its true value, reveals Sanjay Kumar Singh.
'This is about reviving this country as a centre of Hindutva at Ayodhya.'
Joginder Tuteja looks at the big December hits in the past decade.
Unless Mumbai Indians Owner Nita Ambani's team manages some abracadabra at the 2022 players auction (never ever underestimate the Ambanis!), these images from Mumbai's final three games in IPL 2021 may be the last time we are seeing THIS MI team play together.
Revenue secretary Ajay Bhushan Pandey sought to justify the Budget proposal to increase surcharge on super-rich saying that the highest tax individual tax rate is 45 per cent in China and South Africa, and 50.3 per cent in the US.
This was Shorey's highest first-class score in 45 matches, with his previous best being 145. The double-century will do more good to his already healthy batting average of 48.49.
Team India's throwdown specialist D Raghavendra has skipped travelling to the UAE with the rest of the support staff as he has tested positive for COVID-19.
Sukanya Verma looks at how the ladies scorch the streets in silver.
