Tata Motors Ltd is shifting focus towards profitability and strengthening its position in the larger pick-up truck segment, as it struggles to maintain the lead it enjoyed until a few months ago.
https://www.livemint.com/companies/news/tata-motors-truck-biz-puts-profitability-first-11687280046087.html
https://www.livemint.com/companies/news/tata-motors-truck-biz-puts-profitability-first-11687280046087.html
mint
Tata Motors truck biz puts profitability first
Despite being the dominant company in the segment, Tata Motors has faced stiff competition from Mahindra and Mahindra Ltd, which is running neck-and-neck with it in the light commercial vehicles (LCV) segment.
"It was excellent and a very good conversation," #Musk said after meeting with PM #Modi, adding that he is planning to visit #India next year.
Read here: https://www.livemint.com/companies/news/tesla-to-be-in-india-as-soon-as-humanly-possible-elon-musk-11687302142284.html
Read here: https://www.livemint.com/companies/news/tesla-to-be-in-india-as-soon-as-humanly-possible-elon-musk-11687302142284.html
During his time in #NewYork, Prime Minister #NarendraModi had insightful meetings with prominent personalities.
https://www.livemint.com/news/india/pm-modi-us-visit-key-highlights-from-meeting-elon-musk-to-sharing-international-yoga-day-message-what-happened-so-far-11687313037469.html
https://www.livemint.com/news/india/pm-modi-us-visit-key-highlights-from-meeting-elon-musk-to-sharing-international-yoga-day-message-what-happened-so-far-11687313037469.html
mint
PM Modi US visit key highlights: From meeting Elon Musk to sharing International Yoga Day message; What happened so far
Prime Minister Narendra Modi's official visit to the US includes a state dinner hosted by President Joe Biden and First Lady Jill Biden on June 22.
The submersible, carrying five people on a journey to see the #Titanic wreckage in the #NorthAtlantic Ocean, could have less than two days of oxygen remaining.
https://www.livemint.com/news/world/titanic-tourist-submarine-missing-for-third-day-only-40-hours-of-oxygen-left-for-5-passengers-11687316591763.html
https://www.livemint.com/news/world/titanic-tourist-submarine-missing-for-third-day-only-40-hours-of-oxygen-left-for-5-passengers-11687316591763.html
mint
Titanic tourist submarine missing for third day: Only 40 hours of oxygen left for 5 passengers, ‘banging heard’
The submersible searching the Titanic wreckage has less than 2 days of oxygen left. US and Canadian authorities are involved in the search, with intermittent banging sounds detected.
The company has begun closing operations of its automotive unit, #OlxAutos, in certain markets after exploring potential buyers and investors.
https://www.livemint.com/companies/news/olx-group-lays-off-800-employees-worldwide-shuts-down-some-markets-11687328718365.html
https://www.livemint.com/companies/news/olx-group-lays-off-800-employees-worldwide-shuts-down-some-markets-11687328718365.html
mint
Olx Group lays off 800 employees worldwide, shuts down some markets
Olx Group, the online marketplace and classifieds business arm of Prosus, has laid off about 800 employees globally, and closed the operations of its automotive unit in some markets.
Interglobe Aviation, which operates #IndiGo, made history on 19 June by placing an order for 500 aircraft. Four months prior, #AirIndia signed a deal with #Airbus and #Boeing for 470 aircraft.
https://www.livemint.com/opinion/online-views/mint-explainer-is-indian-aviation-headed-for-a-duopoly-11687332753343.html
https://www.livemint.com/opinion/online-views/mint-explainer-is-indian-aviation-headed-for-a-duopoly-11687332753343.html
mint
SoftBank’s Vision Fund to Start Job Cuts as Soon as This Week
SoftBank Group Corp.’s Vision Fund is preparing to start another round of layoffs as soon as this week, following an approximate 30% reduction last fiscal year, according to people familiar with the matter.
#Pakistan has banned the celebration of Holi and other Hindu festivals across educational institutions in the country to save the Islamic identity, which it says was “eroding".
Read here: https://www.livemint.com/news/pakistan-bans-holi-other-festivals-across-universities-to-save-islamic-identity-11687340388933.html
Read here: https://www.livemint.com/news/pakistan-bans-holi-other-festivals-across-universities-to-save-islamic-identity-11687340388933.html
Indian budget carrier #AkasaAir has placed an order for four #Boeing737 Max jets, both companies said today, the latest in a spate of orders by the country's airlines.
Read here: https://www.livemint.com/companies/news/akasa-air-adds-four-aircraft-to-support-international-expansion-paris-air-show-11687339188737.html
Read here: https://www.livemint.com/companies/news/akasa-air-adds-four-aircraft-to-support-international-expansion-paris-air-show-11687339188737.html
Retail #inflation for farm workers and rural labourers eased to 5.99% and 5.84%, respectively, in May, the ministry of labour & employment said in a statement.
https://www.livemint.com/economy/retail-inflation-for-farm-workers-and-rural-laborers-eases-in-may-2023-ministry-of-labor-employment-11687343870410.html
https://www.livemint.com/economy/retail-inflation-for-farm-workers-and-rural-laborers-eases-in-may-2023-ministry-of-labor-employment-11687343870410.html
mint
Retail inflation for farm, rural workers eases in May
Point to point rate of inflation based on the CPI-AL and CPI-RL stood at 5.99% and 5.84% in May compared to 6.50% and 6.52% in April
President Biden will roll out the red carpet this week for a complicated guest: #NarendraModi, whose country is a vital bulwark against China but whose government has a checkered record on human rights.
https://www.livemint.com/special-report/on-the-menu-for-narendra-modi-u-s-visit-countering-china-11687343510897.html
https://www.livemint.com/special-report/on-the-menu-for-narendra-modi-u-s-visit-countering-china-11687343510897.html
mint
On the Menu for Narendra Modi U.S. Visit: Countering China
President Biden is hosting a state dinner for India’s prime minister, despite criticism of human-rights record
Alphabet’s cloud business announced the launch of a new #AI-driven anti-money-laundering product.
https://www.livemint.com/technology/google-cloud-launches-anti-money-laundering-tool-for-banks-betting-on-the-power-of-ai-11687344739480.html
https://www.livemint.com/technology/google-cloud-launches-anti-money-laundering-tool-for-banks-betting-on-the-power-of-ai-11687344739480.html
mint
Google Cloud Launches Anti-Money-Laundering Tool for Banks, Betting on the Power of AI
The company is looking to set itself apart from a crowded field of surveillance platforms by reducing the amount of human input in the process of screening for money-laundering risks
Hurun India's 2022 Burgundy Private Hurun India 500 list has placed Mukesh Ambani's #RelianceIndustries Ltd at the top, marking it as the most valuable private company in India.
The report also noted that Tata Consultancy Services (#TCS), & #HDFCBank took second and third place in the list.
Read here: https://www.livemint.com/companies/news/hurun-report-2022-reliance-tops-list-of-most-valuable-private-sector-companies-followed-by-tcs-hdfc-bank-11687340608494.html
The report also noted that Tata Consultancy Services (#TCS), & #HDFCBank took second and third place in the list.
Read here: https://www.livemint.com/companies/news/hurun-report-2022-reliance-tops-list-of-most-valuable-private-sector-companies-followed-by-tcs-hdfc-bank-11687340608494.html
Guinness world record for most nationalities in a Yoga session created at the #YogaDay event led by PM Narendra Modi, at the UN headquarters in New York.
#InternationalDayofYoga2023 #PMModiUSVisit
Read here: https://www.livemint.com/news/india/un-hq-event-creates-guinness-world-record-for-people-of-most-nationalities-in-yoga-session-11687354910795.html
#InternationalDayofYoga2023 #PMModiUSVisit
Read here: https://www.livemint.com/news/india/un-hq-event-creates-guinness-world-record-for-people-of-most-nationalities-in-yoga-session-11687354910795.html
The Federal Trade Commission sued Amazon, alleging the retail giant worked for years to enroll consumers without consent into Amazon Prime and made it difficult to cancel their subscriptions to the program.
https://www.livemint.com/news/ftc-sues-amazon-over-manipulative-tactics-used-to-enroll-millions-in-prime-11687362310372.html
https://www.livemint.com/news/ftc-sues-amazon-over-manipulative-tactics-used-to-enroll-millions-in-prime-11687362310372.html
mint
FTC Sues Amazon Over ‘Manipulative’ Tactics Used to Enroll Millions in Prime
Amazon duped customers into Prime subscriptions and made it difficult to cancel, federal agency says
Intel said it has agreed to sell roughly 20% of its stake in IMS Nanofabrication to Bain Capital in a deal that valuing the Austria company at about $4.3 billion.
https://www.livemint.com/companies/intel-to-sell-20-stake-in-ims-to-bain-at-4-3-billion-valuation-11687361509443.html
https://www.livemint.com/companies/intel-to-sell-20-stake-in-ims-to-bain-at-4-3-billion-valuation-11687361509443.html
mint
Intel to sell 20% stake in IMS to Bain at $4.3 billion valuation
Intel Corp. Wednesday said it has agreed to sell roughly 20% of its stake in IMS Nanofabrication to Bain Capital in a deal that valuing the Austria company at about $4.3 billion
Foreign institutional investors (#FIIs) made a strong buying of more than ₹4,000 crore today in Indian stocks.
Also, domestic institutional investors (DIIs) emerged as net buyers with an investment of over ₹550 crore.
https://www.livemint.com/market/stock-market-news/fiis-pump-in-whopping-rs-4-013-crore-in-indian-stocks-diis-invest-over-rs-550-crore-june-21-trade-11687349440441.html
Also, domestic institutional investors (DIIs) emerged as net buyers with an investment of over ₹550 crore.
https://www.livemint.com/market/stock-market-news/fiis-pump-in-whopping-rs-4-013-crore-in-indian-stocks-diis-invest-over-rs-550-crore-june-21-trade-11687349440441.html
mint
FIIs pump in whopping ₹4,013 crore in Indian stocks; DIIs invest over ₹550 crore - June 21 trade
Foreign and domestic institutional investors made strong investments in Indian stocks, with FIIs buying over ₹4,000 crore and DIIs investing over ₹550 crore. Sensex hit a new lifetime high and Nifty 50 approached its record level, but global trends and delayed…
Advertising-czar #SylvesterdaCunha—who created the lovable #AmulGirl 'utterly butterly' campaign in 1966—is no more. He passed away late Tuesday night in Mumbai.
He was in his 80s and is survived by his wife Nisha, their son Rahul daCunha. He was the brother of the late advertising genius, Gerson daCunha.
Read here: https://www.livemint.com/news/india/sylvester-dacunha-the-man-behind-amul-s-utterly-butterly-girl-dies-11687355946371.html
He was in his 80s and is survived by his wife Nisha, their son Rahul daCunha. He was the brother of the late advertising genius, Gerson daCunha.
Read here: https://www.livemint.com/news/india/sylvester-dacunha-the-man-behind-amul-s-utterly-butterly-girl-dies-11687355946371.html
#US President #JoeBiden and First Lady #JillBiden on Wednesday received PM #Modi at the #WhiteHouse as they gathered for an intimate dinner.
https://www.livemint.com/news/india/from-marinated-millet-to-stuffed-mushroom-heres-the-menu-for-pm-modis-white-house-state-dinner-11687395556351.html
https://www.livemint.com/news/india/from-marinated-millet-to-stuffed-mushroom-heres-the-menu-for-pm-modis-white-house-state-dinner-11687395556351.html
mint
From Marinated millet to stuffed mushroom, here's the menu for PM Modi's White House State dinner
The decor features elements honoring the traditions and cultures of both America and India. The dinner will be followed by musical performances from Joshua Bell, Penn Masala, and 'The President's Own' United States Marine Band Chamber Orchestra.
Two Muslim Congresswomen from the #US #DemocraticParty Ilhan Omar and Rashida Tlaib boycott PM #Modi's speech at the joint session of the US Congress, citing repression against religious minorities.
Read here: https://www.livemint.com/news/world/two-us-lawmakers-to-boycott-pm-modis-address-to-congress-indian-leader-gives-stern-reply-11687397080782.html
Read here: https://www.livemint.com/news/world/two-us-lawmakers-to-boycott-pm-modis-address-to-congress-indian-leader-gives-stern-reply-11687397080782.html
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PM #Modi's gifts to #US President #JoeBiden and First Lady #JillBiden symbolise #India's cultural tapestry, blending innovation, sustainability and traditional craftsmanship into a remarkable expression of luxury.
Read here: https://www.livemint.com/news/india/pm-modi-presents-unique-gifts-to-us-president-joe-biden-first-lady-jill-on-his-visit-to-white-house-11687399085996.html
Read here: https://www.livemint.com/news/india/pm-modi-presents-unique-gifts-to-us-president-joe-biden-first-lady-jill-on-his-visit-to-white-house-11687399085996.html
Prime Minister #NarendraModi says this is #India's decade. That claim rests heavily on a handful of dominant conglomerates.
https://www.livemint.com/industry/modis-vision-for-india-rests-on-six-giant-companies-11687410112140.html
https://www.livemint.com/industry/modis-vision-for-india-rests-on-six-giant-companies-11687410112140.html
mint
Modi’s Vision for India Rests On Six Giant Companies
Conglomerates are executing projects with a scale and speed that have eluded India in the past. ‘Era of great concentration.’