Tata Motors’ shares jump 4% despite weak earnings
MUMBAI, NOV 17: Shares of Tata Motors went up by nearly 4 per cent today, defying disappointing earnings, driven by improved margins at its flagship British arm JLR. Despite a negative opening, Tata Motors’ scrip rose 3.58 per cent to Rs 542.60 as the trade progressed at the BSE. On the NSE,... read more »
SBI may provide up to $1 billion loan for Adani’s Australia coal mine
Adani Enterprises’ $7 billion coal mine, rail and port project got a fillip on Monday, with the company signing an Memorandum of Understanding (MoU) with State Bank of India. The trading and infrastructure conglomerate signed a MoU to line up a loan of up to $1 billion from SBI for the... read more »
Headless body in two parts found in sacks
A headless body of a man chopped into two pieces was recovered from Southeast Delhi’s Ambedkar Nagar area on Sunday morning. While the torso was found in one gunny sack, the lower part of the body was found in another nearby. The head has not been found, police said. A case of murder has been... read more »
Manohar Parrikar mulling new policy for defence lobbying
PANAJI: Defence Minister Manohar Parrikar is considering the introduction of a new policy on the vexed issue of blacklisting defence equipment suppliers accused of corruption as well as reforming rules for lobbyists to balance the needs of the armed forces with transparency. Speaking to ET in the... read more »
