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Tata Motors announced its April-June quarter results for fiscal 2023-24 (Q1FY24) on July 25, reporting a consolidated net profit of ₹3,202 crore. The company's revenue from operations surged 42 per cent to ₹102,236.08 crore in the June quarter - surpassing the ₹1 lakh crore-mark in line with Street estimates. The net auto debt reduced by ₹417,000 crore on margin improvement driven by Jaguar Land Rover (JLR) and commercial vehicles (CV) segments.

Christopher Nolan has directed a biopic on the physicist Robert J. Oppenheimer to worldwide acclaim. Oppenheimer led the famous Manhattan Project to build an atomic bomb during World War II, though he was later hounded for his political views.

Ajmera Realty & Infra India Ltd (ARIIL) has reported 82% year-on-year growth in net profit of Rs 21 crore for the quarter ended June. Revenue for the quarter rose 113% from a year ago to Rs 118 crore. The listed developer sold over 1.35 lakh sq ft space valued at Rs 225 crore during the quarter while recording collections worth Rs 111 crore.

Bajaj Auto reported better-than-expected earnings in the quarter ended June led by robust sales of motorcycles and commercial vehicles in the domestic market, a healthy model mix and better exchange realisation. Net profit at the Pune-based company rose 42% over the corresponding period last year while revenue from operations touched a record high of 29% over the year ago period. Profit after tax at the firm increased to Rs1165 crore over Rs1173 crore in the same period last year while revenue from operations advanced Rs10,310 crore from Rs8005 crore, the company said in a filing to the stock exchanges.

formulations have been fixed under the National List of Essential Medicines (NLEM) 2022 and 224 formulations under NLEM 2015, Union Minister of State for Chemicals and Fertilisers Bhagwanth Khuba said in a written reply to Rajya Sabha. Besides, the retail price of around 2,450 new drugs under Drugs (Prices Control) Order, 2013 has been fixed till July 7, 2023, he noted. The minister also stated that a total of 5,772 complaints alleging overcharging were received by drug pricing regulatory body NPPA over the five-year period ranging between 2018-19 and 2022-23. Replying to a query regarding the Pradhan Mantri Bhartiya Janaushadhi Kendras (PMBJKs), Khuba said 9,512 outlets are now functional across the country. The product basket of PMBJP presently comprises about 1,800 medicines and 285 surgical devices, covering all major therapeutic groups, he noted.

By Fergal Smith

Syria and fired flares at it, striking the American aircraft and damaging it, the US military said Tuesday. A senior Air Force commander said the move on Sunday was an attempt by the Russians to knock the MQ-9 Reaper drone out of the sky and came just a week after a Russian fighter jet flew dangerously close to a US surveillance aircraft carrying a crew in the region, jeopardising the lives of the four American crew members. «One of the Russian flares struck the US MQ-9, severely damaging its propeller,» Lt Gen Alex Grynkewich, the head of US Air Forces Central, said in a statement describing the latest close call. «We call upon the Russian forces in Syria to put an immediate end to this reckless, unprovoked, and unprofessional behaviour.» Grynkewich said one of the crew members operating the drone remotely kept it in the air and flew it back to its home base. The Sunday incident is the latest in a series of encounters between Russian fighter jets and US aircraft flying over Syria. In all but the one instance a week ago, the US aircraft were MQ-9 drones without crew members. On that Sunday, however, the Russian Su-35 jet few close to a US MC-12 surveillance aircraft with a crew, forcing it to go through the turbulent wake.

UBS believes Nike's (NYSE:NKE) stock price «could double» if the company performs according to its long-term sales and margin targets.

Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at Walmart, Datadog, and Neurocrine Biosciences, and initiations at Savers Value Village.

government is closely monitoring the prices as well as the demand-supply situation of all essential food items, Union Minister of State for Agriculture Kailash Choudhary on Tuesday said while asserting that it is committed to balancing the interest of both consumers and farmers. The government has formed a panel to regularly monitor the prices and availability situation, he added. «The government is monitoring the prices and availability of food items. It takes measures to boost domestic availability and keep prices under check,» Choudhary said as he was replying to a question about food inflation and the recent export ban on non-basmati white rice. He was speaking at an event to launch ITC's postal stamp on millets in collaboration with India Post. Based on the demand-supply situation and retail price, he said the government decides on imposing export duty or putting restrictions on exports. The minister said there is no problem on the supply front of food items in the country.

Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at American Express, Progressive, Estee Lauder, and ZoomInfo Technologies.

By Howard Schneider

Skyball is expected to generate Rs 40 crore in revenue this year from the smartwatch category, a senior executive said. The brand currently focus on home audio and smart accessories plans to come up with five new smartwatch models this year.

Santosh Sarangi, IAS, Director General, Directorate General of Foreign Trade, New Delhi, Government of India, today said that currently India's export is USD 450 billion, and to reach USD one trillion mark, the country needs to grow at year-on-year rate of 12%. «Similarly, in service sector we need to grow at 16.6 percent on an average every year,» Sarangi said at the World Trade Day 2023 programme in Bhubaneswar organised jointly by World Trade Centers in four cities, viz. Mumbai, Bhubaneswar, Jaipur and Goa.

Bitcoin, the world's leading cryptocurrency, is facing a dip of 3% as it trades at $29,171 on Tuesday. The failure to sustain higher price levels may have influenced aggressive bearish sentiments, leading to short positions, while short-term bulls have chosen to secure their profits. 

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thief, who had a long spree of robberies including 1,200 burglaries across 14 states over 25. As per ToI report, Police finally got the custody of Nadeem Qureshi (45) in connection with a burglary at Sourav Abasan in Salt Lake that occurred two years ago. He was known for his extravagant lifestyle, owning a range of sedans and dressing up in corporate formals.

Bidhannagar Police on Monday got custody of a high-flying thief, Nadeem Qureshi in connection with a two-year-old burglary at Sourav Abasan in Salt Lake, TOI reported. Qureshi, 45, has committed as many as 1,200 odd burglaries across 14 states over 25 years. The burglar king owns properties worth crores in Mumbai and Pune, the police said.

Congress hit back at Prime Minister Narendra Modi on Tuesday over his remarks targeting the opposition alliance, with Rahul Gandhi saying «call us whatever you want» but «we are INDIA» and will rebuild the idea of India in Manipur. Speaking in the Rajya Sabha, Congress president Mallikarjun Kharge said while «we are talking about Manipur, which is burning», the prime minister is «talking about East India (Company) and saying INDIA means East India (Company)». Later, in a tweet in Hindi, Kharge said, «While we are talking about Manipur, the prime minister, outside the House, is calling 'INDIA' as 'East India Company'. The Congress party has always been with 'Mother India' i.e. 'Bharat Mata'.» «The slaves of the British were the political ancestors of the BJP. Prime Minister Modi, stop diverting the attention of the country with your rhetoric. Narendra Modiji, speak about Manipur in Parliament, do not belittle the dignity of the post of prime minister by calling INDIA, that is Bharat, good or bad,» the Congress president tweeted. Modi slammed the Indian National Developmental Inclusive Alliance (INDIA) as the most directionless the country has ever seen and cited reviled names, such as East India Company and Indian Mujahideen, to assert that people cannot be misled merely by the use of the country's name. Parliamentary Affairs Minister Pralhad Joshi said the prime minister told a BJP Parliamentary Party meeting that the conduct of the opposition has been such that as if it has decided to stay in the opposition for long.

IFM Investors’ growth private equity team has found a new target it likes in the utilities-focused software business Tally Group.

SUV, a saloon and a racing car on display. The price tags were high (around €50,000, or $54,000, for the passenger car and almost €75,000 for the SUV; the racing car was not for sale) but they seemed considerably lower than those of German rivals such as Mercedes or BMW—until you read the fine print. The battery is not included.