Prime Minister Narendra Modi on Saturday inaugurated a memorial in London dedicated to Dr B R Ambedkar over two months after India acquired the bungalow where the Dalit icon and architect of India's Constitution lived as a student in the 1920s.
Maruti, which is majority owned by Suzuki Motors of Japan, pays massive tax, generates huge employment (its staff are almost entirely Indians) and also makes its investors extremely rich. JLR, on the other hand, though owned by Tata has its factories in England and China and in every way (sales, employment, technology) has nothing Indian about it.
'The idea is to align the HR policies and work culture with changing times'.
First time in 13 years the company has declined payment of dividend.
Tata Steel, others sell assets abroad after taking massive impairments.
JLR is developing its own autonomous car technologies, which could one day trickle into Tata's more affordable people carriers.
However, investors have turned cautious over the likelihood of Britain leaving the European Union.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
Midcap stocks continued to remain on buyers' radar with BSE Midcap index up 0.1%.
Some investors warned of a coming British or even global recession as sterling collapsed to hit its lowest since 1985.
The government is scheduled to release index of industrial growth for November and consumer price inflation for December later today.
John Elliott, the author of Implosion: India's Tryst with Reality, on his Riding the Elephant blog, says the sacking of Cyrus Mistry as chairman of Tata and Sons was in line with Ratan Tata's personal style of dealing with executives
It is believed that Tata Sons was unhappy with Mistry's approach of shedding non-profit businesses, including the conglomerate's steel business in Europe, and concentrating only on cash cows
'Britain always had a very special relationship with the EU -- it always was an on/off relationship. It retained its own currency and visa.' 'Britain always had what you call in EU lingo 'opt out clauses', which other countries don't have.'
At the end of 2018-19, the Tata group had a consolidated debt of Rs 2.77 trillion. Tatas not only plan to avoid big-ticket acquisitions for now, the group's main focus will be on improving key metrics and reduce debt, say Shally Seth Mohile & Dev Chatterjee.
Sam Allardyce was sacked as England manager on Tuesday having behaved "inappropriately" when seeking a lucrative sideline role while talking to undercover reporters, bringing a crushing end to his dream job after one match and 67 days in charge.
The BSE IT sector, however, failed to snap a three-day losing streak and closed around 0.14 per cent lower.
News of all that's transpired on and off the football field.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
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Benchmark share indices ended lower on profit taking after they touched record highs in the previous session.
In first half of year, firms raise more than banks on low US treasury rates.
Shares of rate sensitive sectors such as realty, infrastructure, banking and automobiles ended higher ahead of the Reserve Bank of India (RBI) mid-quarter policy review on June 17.
Fourteen per cent of the $16 billion invested by Ratan Tata in M&As abroad has been written off by his successor.
FIIs pump in Rs 2,075 crore in past three trading sessions.
Everton have been handed the dubious distinction of being the 'dirtiest' Premier League team after a study on the all-time cards and fouls by www.dirtyteams.co.uk.
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