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Tata Motors, at its meeting on March 4, approved the proposal of demerger of the company into two separate listed companies, which will house the Commercial Vehicles business and its related investments in one entity and the Passenger Vehicles businesses including PV, EV, JLR and its related investments in another entity. Read here: Tata Motors business divisions come to a fork in the road “The demerger will be implemented through an NCLT scheme of arrangement and all shareholders of Tata Motors shall continue to have identical shareholding in both the listed entities," the auto major said in a release. According to UBS, Tata Motors’ demerger simplifies the structure, but it does not see any unlocking of material value.

Bollywood actor looked for Ram Charan to join them on stage. “Where are you, Ram Charan?" he kept asking as he seemingly wanted the RRR star to join the three Khan in the performance. During this time, in apparent jest, SRK started speaking gibberish Telugu, which included the word “idli".

(Reuters) -Advanced Micro Devices hit a U.S. government roadblock in its efforts to sell an artificial intelligence chip tailored for the Chinese market, as part of Washington's crackdown on the export of advanced technologies to the country, Bloomberg News reported on Monday.

shares of Kotak Mahindra Bank could be in the offing as the price is near a technical support level, which has been breached only during the Global Financial Crisis of 2008, said analysts. But a tearaway rally looks unlikely with the stock seen grinding higher because of technical hurdles. Kotak shares are around a support level of its 50-day exponential moving average on a monthly time frame placed at ₹1,700-level, according to Tradonomy, an investment advisory. The stock could bounce from these levels, it said. «Fresh buying from smart money could come around these levels, taking it to 1,900-2,200 levels from here,» said Tadonomy's founder Dharan Shah.

public market rally despite high stock valuations has made the promoters of Hyderabad-based Sai Life Sciences explore an initial public offering as an alternative to their original plan of roping in a private equity investor, people in the know said. A public listing would also give an exit route to existing financial investors including TPG Capital, the people said. The sole contender for the stake, Bain Capital, also has been re-evaluating its plan, especially due to the $800 million to $1 billion (₹6,500-8,300 crore) valuation that the promoters, the Kanumuri family, have been expecting for the pharmaceutical contract research, development and manufacturing organisation, they said.

Li Qiang has announced that China's economic growth target for this year is around 5%, in line with last year's performance despite forecasts for a slowdown. The ruling Communist Party has said it is prioritizing efforts to encourage consumer spending to help drive the economy. Last year, the economy grew at a 5.2% pace, but that was after a very slow 3% annual growth rate in 2022, when the country was enduring the worst disruptions from the COVID-19 pandemic.

You have to wonder why Canadians are investing their money outside the country like never before.

Blue Lock Chapter 254 is set to be released globally on Tuesday, March 5, 2024, via Kodansha's K Manga platform. Japanese readers can access it on Wednesday, March 6, 2024, at 12 am JST. The chapter will be available on the K Manga website or app, providing readers worldwide with the continuation of the gripping soccer narrative.

Banks' bad loans have fallen to record lows as recoveries from defaulters rise and many who missed payments have regularised, but lenders are looking at building buffers anticipating some stress, said CareEdge Ratings. Bad loans fell 21% in the last calendar to Rs 4.85 lakh crore, from a year earlier.

merger-related activities have impacted operations and business, Zee Entertainment Chairman R Gopalan said adding the company has now taken several incremental steps to protect all stakeholders and enhance its intrinsic value through this phase. There is «significant room for performance enhancement» and a revival plan by the management team is already being put in action to accelerate growth and enhance profitability, said Gopalan in the opening remarks of an investor conference call of Zee Entertainment Enterprise Ltd (ZEEL) on Monday. The board has also decided to closely monitor the business model and plan presented by the MD & CEO of the company wherein he has provided the roadmap to improve the performance and efficiency of each of the businesses to achieve higher EBITDA. «We are fully cognizant that significant room for performance enhancement exists and a revival plan by the ZEEL management team is already being put in action to accelerate growth and enhance profitability,» he said, adding the board has full confidence in the ZEEL management team's execution capability.

Himanta Biswa Sarma today inaugurated, laid foundations and performed bhumi pujan of projects worth Rs. 1,208 crore in Kamrup (M) district in different programmes held across the district. It may be noted that Sarma dedicated the Elevated South Bank Corridor of Guwahati- North Guwahati Bridge involving an outlay of Rs. 326.01 crore. The highlights of the project are it is a tree-lane flyover with two rotaries. Special noise barriers have been installed to control noise pollution which is first-of-its-kind in the state. The corridor is 1.2 km length with 15.2 m width from Bhoothnath to Machkhowa. The Chief Minister also laid the foundation of a 100 bed Azara District Hospital with a project cost of Rs. 116 crore. The hospital will have three operation theatres, 14 essential healthcare facilities including critical care, radiology etc. He also performed bhumi pujan for the upgradation of existing 2-lane road to 4-lane road connecting LGBI Airport from VIP Junction to Dharapur Junction involving a project cost of Rs. 358 crore. The length of the road will be 9 KM with roundabouts at VIP junction SoS junction and Garal junction replacing existing ones at grade T/Y Junction.

(Reuters) — Walt Disney (NYSE:DIS) investor Blackwells Capital said the lack of a strong content and technology strategy as well as governance and transparency issues were hampering the entertainment giant's performance, as it attempts to get board seats at the company.

Manipur witnessing several months long ethnic strife, the Union Home Ministry is giving ten mine protected Quick Reaction Fighting (QRF) vehicles to the state. An official said that of the ten QRF vehicles, seven have already arrived in the state and three more are on the way. The Ministry of Home Affairs provided the QRF vehicles to equip the security forces in enforcing law and order in a very effective manner in the state. These mine protected QRF vehicles would greatly help in protecting the security forces while performing their duties at vulnerable spots, the official said, adding that the state government continues to take up initiatives for strengthening security measures and the protection of lives and properties.

₹114,900, Apple is also offering exclusive sale offers for teachers and students, with discounted rates of ₹104,900 for education on the 13-inch model and ₹1,24,900 for the 15-inch version. One of the key highlights of the latest MacBook Air is the impressive performance enhancements it boasts, with a remarkable 60 percent speed boost compared to its predecessor, the M1 version.

personal loan interest rates offered by various banks.Name of the bankInterest rate range SBI Personal Loan Interest Rate11.15% – 15.30%HDFC Personal Loan Interest Rate10.50% onwardsAxis Bank Personal Loan Interest Rate10.49% onwardsICICI Personal Loan Interest Rate10.65% onwardsBOB Personal Loan Interest Rate11.05% – 18.75%PNB Personal Loan Interest Rate10.40% – 17.95%Bajaj Finance Personal Loan Interest Rate11.00% onwardsCanara Bank Personal Loan Interest Rate10.95% – 16.40%IDFC Personal Loan Interest Rate10.99% onwardsYes Bank Personal Loan Interest Rate10.99% onwardsNavi Personal Loan Interest Rates9.90% – 45.00%Union Bank Personal Loan Interest Rates11.35% – 15.45%Indian Bank Personal Loan Interest Rate10.00% – 15.00%Bank of India Personal Loan Interest Rate10.75% – 14.75%Tata Capital Personal Loan Interest Rate10.99% onwardsKotak Personal Loan Interest Rate10.99% onwardsBandhan Bank Personal Loan Interest Rates11.55% onwards Frequently Asked Questions (FAQs) While including direct communication with individual lenders in your research process is an option, it might not be the most efficient or recommended approach before applying for a personal loan. This is due to the following reasons.

1. Bajaj PX97 Torque Personal Air Cooler The Bajaj PX97 Torque New 36L Personal Air Cooler is designed for your room’s cooling needs. This Bajaj air cooler comes with a Duramarine Pump that’s also backed by a 2-year warranty from Bajaj.

Square Mile analysts said the fund's return profile has failed to meet expectations and they do not have «sufficient conviction» to justify the fund's inclusion in Square Mile's Academy of Funds. The strategy's highly defensive, non-cyclical, income-focused approach was recognised by the analysts but did not change the outcome. Over a three-year period, the fund has returned 25.4%, compared to the 32.2% gain from the IA Global Equity Income sector. Embark Horizon fund range loses Square Mile rating on move to BlackRock Additionally, the Matthews Asia Pacific Tiger fund lost its ...

Investing.com — Nvidia (NASDAQ:NVDA) has overtaken Saudi Aramco (TADAWUL:2222) in market value, making it the world’s third-most valuable public company after Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT).

Verna, Creta and Tata's Nexon, Punch. The Hyundai Verna has garnered popularity as a sporty mid-size sedan taking on heavyweights like the Honda City and Maruti Ciaz. Its introductory pricing combined with regular updates spanning styling and features make it an excellent value luxury sedan.

JPMorgan Chase & Co. acquired LayerOne Financial, an investment management platform that was spun out from Fortress Investment Group, as it seeks to improve its offerings for hedge funds. 

Tata Motors, on Monday, said that the board of directors has approved the proposal of demerger of Tata Motors Ltd into two separate listed companies housing. One entity will encompass the Commercial Vehicles business along with its associated investments, while the other will include the Passenger Vehicles businesses, comprising PV, EV, JLR, and their associated investments. This demerger will be executed through an NCLT scheme of arrangement.