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Tata Consumer Products Ltd (TCPL) on Thursday denied reports on the exit of cafe chain Starbucks from the Indian market, terming them as «baseless». Tata in a 50:50 joint venture with US-based Starbucks Corporation operates a cafe chain in India under the brand name of Starbucks, which is the leading cafe chain in India. Starbucks had 457 stores across 70 cities at September-end and the company aims to take it to 1,000 by FY28. The company's revenue from operations was up 12 per cent to Rs 1,218.06 crore in FY24.

Dozens of massive data centers are consuming more electricity than all of the urban homes in Ireland and starting to wear out the warm welcome that brought them here

The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports, the government said in an upgrade to its previous estimate

The number of Americans applying for unemployment benefits fell markedly last week following a big increase the week before

India Women Innings Highlights : India Women vs West Indies Women Live Score: India Women Raghvi Bist 3 (3) Smriti Mandhana 59 (33) West Indies Women Afy Fletcher 1/13 (2) India Women vs West Indies Women Live Score: OUT! lbw b Afy Fletcher. India Women vs West Indies Women Live Score: India Women Smriti Mandhana 57 (31) Jemimah Rodrigues 39 (27) West Indies Women Karishma Ramharack 0/29 (2) India Women vs West Indies Women Live Score: FOUR! Nicely done! Short and turning away, outside off, Smriti Mandhana waits on the back foot and cuts it late to get it to the right of backward point. It races away for a boundary.

Subscribe to enjoy similar stories. Mumbai: A stone’s throw away from a Pradhan Mantri Jan Aushadhi Kendra in suburban Mumbai stands another pharmacy, called ‘Mumbai Jan Aushadhi’. Its walls are lined with branded generics—copies of once-patented drugs that are now sold and marketed by pharma companies.

Subscribe to enjoy similar stories. During one of the busiest shopping weekends of the year, Nike was the only brand to have a 30% discount on most of its footwear at Macy’s famous Herald Square location in New York City. Nike is in a race for cash.

Wall Street's fear gauge — the VIX — spiked by the second biggest percentage in its history on Wednesday, after the Federal Reserve jolted the stock market by saying it would dial back its rate-cutting campaign.

Bharti Airtel has prepaid Rs 3,626 crore to the Department of Telecommunications (DoT), clearing all liabilities relating to airwaves bought in the 2016 auction. This will help India’s second-largest telco save on interest costs annually and boost cash flows as it rapidly expands its countrywide 5G network and ramps up 4G rural coverage. “With this, Airtel has cleared all liabilities for spectrum it had acquired in 2016 and prepaid all its spectrum dues that had interest costs higher than 8.65%,” the Sunil Mittal-led telco said in a statement Thursday. The company added that following the latest payment, it has prepaid Rs 28,320 crore of spectrum dues in calendar 2024.

NTPC has plans to set up a nuclear project in Bihar, a move which will increase its non fossil energy portfolio, the company's Chairman and Managing Director (CMD) Gurdeep Singh said on Thursday. NTPC has also requested the state government for a land parcel at a suitable location to take forward its nuclear plans, he said addressing a session at the 'Bihar Business Connect 2024' summit here. «Looking at the future of the energy sector, nuclear (energy) is expected to become extremely important for the energy sector, 20-30 years down the line. I want to share that NTPC is now entering the nuclear energy space,» Singh said. Without sharing any further details, he said NTPC will conduct a study before taking ahead the plans to set up the nuclear project in the state.

The mediators, at talks in Egypt and Qatar, seek to forge a deal to pause the 14-month-old war in the Hamas-ruled enclave that would include a release of hostages seized from Israel on Oct. 7, 2023, along with Palestinian prisoners held by Israel. Mediators had managed to narrow some gaps on previous sticking points but differences remained, the sources said.

LONDON — The U.K.'s central bank has kept interest rates on hold as inflation moves further above its target rate, even though the British economy is flatlining at best.

To tackle Trump's threat of a «reciprocal tax» on Indian goods for high tariffs, some officials of the Indian commerce ministry are ready to consider cuts on certain products such as pork, a senior government source said. Currently India slaps about a 45% import tariff on pork, which is mostly supplied by the U.S. Tariffs could also be reduced on high-end medical devices such as pace makers and luxury motor-cycles, including Harley Davidson, said a second official with direct knowledge of trade issues, citing the 25% to 60% tariffs on these products.

WASHINGTON — Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended:

Donald Trump has delivered a probable death blow to bipartisan congressional budget negotiations by rejecting the measure as a “betrayal of our country” just days before a spending deadline

Subscribe to enjoy similar stories. Quantum computers are still in their infancy, but we don’t have to wait until they grow up to get a glimpse of the difference they will make. That means companies racing to keep up with artificial intelligence will need to contend with yet another emerging area of change much more quickly than some quantum timelines suggest.

Subscribe to enjoy similar stories. When businessman Mukesh Garg’s two insurance claims were rejected, he represented himself before the insurance ombudsman, a statutory body that helps in out-of-court settlement of insurance cases, but sought help from a third party for the required paperwork. This, however, was a mistake.

IPO). The IPO comprises a fresh issue of 1.04 crore equity shares, and an offer for sale (OFS) of 56.38 lakh shares by promoters, the DRHP filing showed.

Subscribe to enjoy similar stories. GARY, Ind.—In a meeting room facing U.S. Steel’s century-old plant, Takahiro Mori offered his vision for the plant’s next chapter under a new owner.

Indian software engineer, Sayani B, shared that relocating from Bengaluru to London has made her generally happier, despite London’s high cost of living. Posting on X, she sparked a lively debate about the advantages and challenges of living in India versus abroad. Sayani revealed that although she couldn’t pinpoint a specific reason, her overall sense of happiness had increased since moving to London a few months ago. “I’ve been living in London for a couple of months now, and I’m generally happier. I can’t exactly say why, but it’s an overarching feeling,” she tweeted. Commenters on her post shared their thoughts on why she might feel happier abroad.

Apple Inc. is close to getting Indonesia to lift its ban on iPhone 16 sales, after President Prabowo Subianto gave his approval for the government to accept a $1 billion investment from the US tech giant, according to people familiar with the matter. Indonesia warmed to Apple’s proposal after Prabowo was briefed on it over the weekend at a meeting that discussed the tug-of-war between the government and Apple, the people said, asking not to be identified discussing talks that were private. The country prohibited the sale of Apple’s flagship device last month, saying Apple had failed to comply with domestic content requirements for smartphones and tablets. At the meeting, Prabowo greenlit the government to accept Apple’s proposal and urged his cabinet to obtain more investments in future, the people said.