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Arindam Roy

Chief Sub Editor

Moneycontrol

Tata's Jaguar Land Rover seeks £2 bn to soften cyberattack blow: Report

BUSINESS

Tata's Jaguar Land Rover seeks £2 bn to soften cyberattack blow: Report

The move comes amid a production halt at JLR’ facilities in UK, Slovakia, Brazil and India due to a cyberattack in late August

How this key condition in MiG 21's sale stitched India-Russia's decades-long defence ties

INDIA

How this key condition in MiG 21's sale stitched India-Russia's decades-long defence ties

The aircraft was retired with full honours at the Chandigarh airbase on September 26 with a symbolic last sortie by Air Chief Marshal A P Singh

Sonam Wangchuk claims I-T summons received despite tax exemption for Ladakh. Check what law says

BUSINESS

Sonam Wangchuk claims I-T summons received despite tax exemption for Ladakh. Check what law says

Section 10 (26) of the Income Tax Act provides exemption to scheduled tribe members residing in Tripura, Mizoram, Manipur, Nagaland, Assam, Arunachal Pradesh and Ladakh

Debate on popcorn GST finally over: Here's how much tax you may pay for your next bucket

BUSINESS

Debate on popcorn GST finally over: Here's how much tax you may pay for your next bucket

Both caramel and salted popcorns will be charged at a uniform tax rate of 5 percent from September 22

16% Indians don't have active bank accounts despite high ownership rate: World Bank

INDIA

16% Indians don't have active bank accounts despite high ownership rate: World Bank

The country still has a large adult population without a bank account of their own despite the country's 90 percent ownership rate, a report said

Understanding Trump’s tariffs on China: Clearing up the 245% rate confusion

BUSINESS

Understanding Trump’s tariffs on China: Clearing up the 245% rate confusion

Has Trump announced a new tariff rate of 245 percent on Chinese goods? The answer is no. Moneycontrol explains why

Mobile payments register 30% jump in value to Rs 200 lakh crore in H2 2024: Report

INDIA

Mobile payments register 30% jump in value to Rs 200 lakh crore in H2 2024: Report

Deployment of UPI QR codes, which are used to make payments, rose to 63.34 crore at the end of December 2024, the report revealed

Explained: The current tariff rate and the reason behind Trump's 90-day pause

BUSINESS

Explained: The current tariff rate and the reason behind Trump's 90-day pause

Trump's about-face came around 13 hours after high duties on 56 nations and the European Union took effect, fuelling market turmoil and stoking recession fears

Powered by fantasy sports, Indian sports tech market's m-cap may hit Rs 49,500 crore by 2029: Report

INDIA

Powered by fantasy sports, Indian sports tech market's m-cap may hit Rs 49,500 crore by 2029: Report

The changes in the goods and services tax laws have complicated the situation for the fantasy sports industry, the report said

Maruti Suzuki unveils first electric SUV e VITARA, plans to export to 100 countries

BUSINESS

Maruti Suzuki unveils first electric SUV e VITARA, plans to export to 100 countries

e VITARA is Suzuki's first global strategic battery electric vehicle, which has been long-awaited in India and many parts of the world

Special aircraft, high-level security: How RBI, Centre executed secret mission for gold's ghar wapsi

INDIA

Special aircraft, high-level security: How RBI, Centre executed secret mission for gold's ghar wapsi

The Central bank holds a total of 855 tonnes of gold, out of which around 510.5 tonnes are held inside the country

Netweb Technologies shares hit record high on 70% jump in Q2 net profit

BUSINESS

Netweb Technologies shares hit record high on 70% jump in Q2 net profit

In the last one year, the shares of the company have recorded a massive 232.41 percent jump

Mphasis shares rise over 4% as Q2 net profit rises 8% to Rs 423 crore

MARKETS

Mphasis shares rise over 4% as Q2 net profit rises 8% to Rs 423 crore

The Bengaluru-based firm had reported a net profit of Rs 404.5 crore in the June quarter of the current financial year, the filing showed

IndiGo, Akasa Air get bomb threats, civil aviation ministry to take stock of the issue

INDIA

IndiGo, Akasa Air get bomb threats, civil aviation ministry to take stock of the issue

The civil aviation ministry is expected to hold a high-level meeting on October 16 to take stock of the multiple bomb threats plaguing the aviation industry.

IndiGo enters into codeshare pact with Malaysia Airlines to boost connectivity

COMPANIES

IndiGo enters into codeshare pact with Malaysia Airlines to boost connectivity

The deal will provide the passengers of Malaysian Airlines access to seven new domestic destination in India

Primus Senior Living raises $20 mn from General Catalyst, Nikhil Kamath in seed funding round

COMPANIES

Primus Senior Living raises $20 mn from General Catalyst, Nikhil Kamath in seed funding round

The company said the funding will be utilized to build a comprehensive eldercare platform that offers a wide range of services, including healthcare, wellness, lifestyle, and social engagement, it said

Godrej Properties stock gains after firm emerges top bidder to develop Mumbai plot

MARKETS

Godrej Properties stock gains after firm emerges top bidder to develop Mumbai plot

The firm says the the 6.54-acre plot in Kharghar has an revenue potential of Rs 3,500 crore

Strides Pharma stock gains 2% after associate firm secures Rs 800-crore fund commitments

MARKETS

Strides Pharma stock gains 2% after associate firm secures Rs 800-crore fund commitments

The company said share subscription agreements are being executed at a pre-money equity value of $1.65 billion

Amicus Capital, others infuse Rs 125 crore into Equirus Group, enable Federal Bank's partial exit

BUSINESS

Amicus Capital, others infuse Rs 125 crore into Equirus Group, enable Federal Bank's partial exit

The investment is the third equity infusion in the late Rakesh Jhunjhunwala-backed company after the investment by Federal Bank in 2018, the statement said

Just Dial stock jumps over 3% on 9% rise in Q2 net profit

MARKETS

Just Dial stock jumps over 3% on 9% rise in Q2 net profit

The company posted a net profit of Rs 154.07 crore in the second quarter of the current financial year, up 9.09 percent from Rs 141.22 reported in the June quarter of FY25

Sheela Foam's stock surges 3% on 10.5% stake acquisition in Furlenco parent

MARKETS

Sheela Foam's stock surges 3% on 10.5% stake acquisition in Furlenco parent

The company said it does not need any regulatory approval for the transaction and the deal will be completed by October 14, 2024

'Shame on them': Israeli PM Netanyahu slams French Prez Macron's calls for arms embargo

WORLD

'Shame on them': Israeli PM Netanyahu slams French Prez Macron's calls for arms embargo

Macron, on Saturday, in an interview with France Inter Radio, said, one should not fight terrorism and terrorists by sacrificing a civilian population, adding that France doesn’t send arms to Israel for use in Gaza

BMW launches all-new electric scooter CE 02 in India starting at Rs 4.49 lakh

BUSINESS

BMW launches all-new electric scooter CE 02 in India starting at Rs 4.49 lakh

The carmaker said the new electric mobility solution has been created for the city and urban environment, a company statement said

Bharti Airtel prepays Rs 8,465 crore to telecom department to clear 2016 spectrum dues

COMPANIES

Bharti Airtel prepays Rs 8,465 crore to telecom department to clear 2016 spectrum dues

These liabilities carried an interest rate of 9.3 percent, the statement said

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