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Read more Tata Motors announced its January-March quarter results for fiscal 2023-24 (Q4FY24), reporting a surge of 222 per cent to ₹17,407.2 crore, compared to ₹5,400 crore in the corresponding period last year. India's most valuable carmaker beat D-Street estimates as it reported a more than three-fold increase in net profit driven by a tax credit surge and strong performance across all its auto businesses. Read more Air India Express has sacked around 25 employees after they did not report to work on Wednesday, May 8.

Analysts at most top brokerages raised or retained share price targets on State Bank of India after the lender reported strong March quarter results. The stock fell 0.36% to close at ₹816.85. Analysts said the state-owned lender's results, which beat estimates, were driven by better net interest margins (NIM) and other income, but deposit growth was lagging. However, the management guided for loan growth of 13-15%, prompting analysts to raise estimates.

earnings season and blockbuster reports from tech industry titans fueled a U.S. stock market rebound from the first real swoon of 2024. Next week's inflation data could determine whether the good vibes continue. The benchmark S&P 500 index is up over 9% for the year, up near its late-March record high, following a 5% pullback that occurred last month.

Weather update: IMD forecasts rain, thunderstorm in THESE states. Details here The India Meteorological Department said that winds over 50 kmph were reported in Delhi at 10 pm on Friday. With strong winds, a signboard fell and damaged two vehicles, including an ambulance, in the Dwarka More area.

Tata Motors, India's largest automaker by revenue, trumped Street expectations with a more than threefold surge in net profit in the March quarter propelled by strong performances across its three business verticals. The parent of British luxury carmaker Jaguar Land Rover Automotive Plc reported a net profit of ₹17,528 crore in the three months ended March 31 compared with ₹5,496 crore a year earlier. Profit got a boost from a deferred tax credit of ₹9,500 crore.

Federal Reserve officials and looked ahead to crucial inflation data next week. The S&P 500 and the Dow were modestly higher and the Nasdaq ended essentially unchanged. All three indexes were up for the week with the blue-chip Dow nabbing its largest Friday-to-Friday percentage advance since mid-December.

Congress leader Prithviraj Chavan has said he was not happy with the court verdict in the Dr Narendra Dabholkar murder case and asserted that right-wing outfit Sanatan Sanstha was a "terrorist organisation" whose role in the killing of the renowned rationalist has not been made clear. A special court for UAPA cases in Pune on Friday convicted and sentenced two men to life imprisonment and acquitted three in the case. Dr Dabholkar (67), an anti-superstition crusader, was shot dead while on a morning walk on a bridge near the Omkareshwar temple here on August 20, 2013. The special court convicted Dabholkar's two assailants — Sachin Andure and Sharad Kalaskar — and sentenced them to life imprisonment, but acquitted three others — ENT surgeon Dr Virendrasinh Tawde, Sanjeev Punalekar and Vikram Bhave — for want of evidence. «I am not happy with the judgment. What is the role of the Sanatan Sanstha and who is the mastermind of the murder has not been made clear. Similarly, (it has not been made clear) if there is a link between Dabholkar's killing and the murders of Govind Pansare and Gauri Lankesh,» Chavan said on Friday.

Tim Cook and Satya Nadella, who last month embarked on their biggest tours across Southeast Asia in years. The investments they pledged are set to help turn the region into a major battleground between the likes of Amazon, Microsoft and Google in future frontiers such as artificial intelligence and the cloud. The region’s growing workforce is making it a viable alternative to China as a center of talent to support companies’ global operations.

thunderstorms and lightning on Saturday, the India Meteorological Department (IMD) said. Heavy Rainfall and Thunderstorms Forecast «Light to moderate rainfall accompanied by thunderstorms and lightning is likely over Uttarakhand, Tamil Nadu, and Rajasthan during the next 3 hours,» IMD posted on X.

Barron Trump, the youngest son of former US President Donald Trump, has declined to serve as a delegate at this summer's Republican National Convention, CNN reported, citing a senior Trump campaign adviser and a statement from Melania Trump's office. «While Barron is honoured to have been chosen as a delegate by the Florida Republican Party, he regretfully declines due to prior commitments,» the statement from the former first lady's office said.

AFP, the event, sparked by a series of coronal mass ejections (CMEs) – eruptions of plasma and magnetic fields from the Sun – began around 1600 GMT, as reported by the National Oceanic and Atmospheric Administration (NOAA)'s Space Weather Prediction Center. This phenomenon captivated skywatchers and posed potential risks to satellite systems and power grids, with concerns about disruptions lingering into the weekend.

pharma giant Pfizer, recently claimed that ‘I am not suicidal’ and if anything happens to her the government and Big Pharma are to blame. The news is concerning as it comes only days after demise of the second Boeing whistleblower. McAtee posted a video on X where she is seen saying, "Hello everybody.

Perplexity AI. Notably, reports by Bloomberg and The Information had also made similar claims in the past, but had refrained from giving a fixed launch date.

Biden administration on Friday said Israel's use of U.S.-supplied weapons may have violated international humanitarian law during its military operation in Gaza, in its strongest criticism to date of Israel. But the administration stopped short of a definitive assessment, saying that due to the chaos of the war in Gaza it could not verify specific instances where use of those weapons might have been involved in alleged breaches. The assessment came in a 46-page unclassified State Department report to Congress required under a new National Security Memorandum (NSM) that President Joe Biden issued in early February.

United Nations General Assembly just before it passed a resolution for supporting full membership of Palestine. The UNGA on Friday voted overwhelmingly for a resolution asking the Security Council to make Palestine, which has UN observer status, a full member. The resolution was passed by a resounding majority of 143 votes in favour including by India while 25 countries abstained, and nine nations, including the United States and Israel, voted against it.

Ecommerce firm Meesho has closed a $275 million funding round through a mix of primary and secondary share sales, two people aware of the matter said. A regulatory filing with the US Securities and Exchange Commission (SEC) also indicated share transfer at Meesho’s US parent firm without offering further details.

Tata Motors, India’s largest automaker by revenue, trumped Street expectations with amore than threefold surge in net profit in the March quarter propelled by strong performances across its three business verticals. The parent of British luxury carmaker Jaguar Land Rover Automotive Plc reported a net profit of Rs 17,528 crore in the three months ended March 31 compared with Rs 5,496 crore a year earlier. Profit got a boost from a deferred tax credit of Rs 9,500 crore. The Street had forecasted profitof Rs 7,200 crore for the March quarter. Revenue for the three-month period climbed 13%YoY to Rs 1.19 lakh crore in line with market consensus of Rs 1.2 lakh crore.

asset reconstruction companies (ARC) next week to discuss corporate governance and stressed-asset resolutions amid concerns of potential back-door entry by defaulting promoters, people with knowledge of the development told ET. The Reserve Bank of India (RBI) has asked the chairman of the board, chairman of the audit committee, and managing director of the ARCs to attend the May 17 meeting in Mumbai. Two Reserve Bank executive directors and senior Mint Road officials will also participate in the meeting, the first by the banking regulator that will see the participation of all 27 registered ARCs. The meeting comes amid allegations that ARCs often strike deals with defaulting promoters, effectively giving them a back-door entry at a steep discount. Under Section 29A of Insolvency and Bankruptcy Code (IBC), defaulting promoters are prohibited from giving a resolution plan to lenders.

A Colorado abortion fund said Thursday it’s helped hundreds access abortion in the first months of 2024, the majority arriving from Texas where abortion is restricted

A top Baidu public relations executive has reportedly departed the Chinese technology company after she drew public outcry over comments that were seen as glorifying a culture of overwork

Sega Sammy is selling its Japanese resort complex Seagaia to Fortress Investment Group of the U.S. The Japanese entertainment company behind the “Sonic the Hedgehog” video games, said Friday that all of its shares in Phoenix Resort Co., which operates ...