File photo: Noel Tata and N Chandrasekaran MUMBAI: Fresh from Italy, where Tata Motors announced the acquisition of commercial vehicle maker Iveco, Tata Sons chairman N Chandrasekaran invited Mehli Mistry, the late Ratan Tata’s confidant and a trustee of the Tata Education and Development Trust, to Bombay House on Thursday.Coming just days after the two…
The commission rejected the bank’s contention that the locker had been surrendered on May 21, 2005. (AI image for representative purpose) Can your bank locker be surrendered without you being aware? And is the bank liable then for items you claim were in the locker that was surrendered without your knowledge?In one such case, a…
Nvidia announced the probe on Sunday, following Huang’s admission that he had been intimate with a business executive. (Image for representative purpose only) Nvidia, one of the most valuable listed companies in the world, is in the eye of the storm with the company launching an investigation into reports that its chief executive, Jensen Huang,…
Nvidia has grown into one of the world’s most valuable businesses and a key supplier to major technology companies Nvidia shares plunged over 8% in opening trade on Monday after an internal investigation was announced into whether chief executive Jensen Huang had been targeted by a foreign intelligence operation triggered concerns about his future at…
Cost of poultry feed ingredients, including maize and broken rice, has climbed 30-45%. (Image for representative purpose only) Your meal costs may go up in December as egg and chicken prices could rise by 25-30%. This is because the cost of poultry feed ingredients, including maize and broken rice, has climbed 30-45% over the past…
MUMBAI: For the second time in 10 years, sensex and Nifty both closed lower during the special hour-long trading session on Diwali which marked the start of Samvat year 2083, one of the Hindu calendars which is followed by the Gujarati trading community who dominate the city’s share market.In Sunday’s low-volatility, low-volume trading session, sensex…
BENGALURU: Cheaper Scotch is putting Indian whisky makers under pressure, even as lower import duties offer savings to companies that use it in their blends. For small distillers that make their own spirits, an imported label can now cost substantially less than a locally made bottle.Huli’s rice malt whisky was launched in Karnataka at Rs…
V K Vijayakumar, chief investment strategist at Geojit Investments, attributed the recent market rally to a combination of favourable domestic and global factors, including increased buying by foreign institutional investors (FIIs), attractive valuations, lower crude oil prices and a decline in US bond yields. He also pointed to the winding down of the AI trade…
Global food prices lost some ground in October, with cheaper cereals, dairy products and meat pulling down the overall index despite a sharp rise in sugar prices. The decline came amid subdued international demand and expectations of higher supplies of some key food commodities, according to the Food and Agriculture Organization of the United Nations…
Huang acknowledged that he had been unfaithful to his wife but did not provide details about the relationship. Nvidia shares declined in after-hours trading on Monday following the announcement of an internal investigation to find out if the company’s chief executive Jensen Huang had been targeted by a foreign intelligence operation. The investigation has raised…
