Business

Kiran Mazumdar-Shaw stated that Claire might potentially seek assistance from other Mazumdar family members.

$230-$320 million restructuring plan signals shift to automation-led delivery, with bulk of layoffs expected in India

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In an X post, Shaw confirmed that she has named Claire Mazumdar as the future leader of the company, but it will happen at the right time.

The share price of the Navratna defence public sector firm spiked close to 2.95 points above yesterday's close of Rs 433.55.

Sources say Keki Mistry's role was intended as a "stop-gap" arrangement, and the chairman's position—by design—needs to be independent.

As per the SOP, up to 12 weeks' time has been fixed for a decision on the proposals, excluding the time taken by applicants in removing deficiencies in the proposals or in supplying additional information as may be required by the competent authority.

These funds are the lifeblood of the institution, supporting a conservation lab and storage for over 35,000 works, the salaries of the staff, and the maintenance of over 1,500 designer files dating back to the 16th century.

While he noted the geopolitical situation has "changed the picture" and added more time to the trajectory, he remains bullish on the underlying business model.

Gobind Jain has filed a civil suit against IndusInd Bank alleging 'unlawful termination'

The launch comes amid heightened competition in India's broking industry, where digital-first platforms have driven rapid customer acquisition through low-cost execution, simplified user interfaces and education-led onboarding.

Manappuram's Q4 AUM growth was exceptional, driven by robust gold loan growth of 31% QoQ, led by 20% increase in gold prices during the quarter and healthy tonnage growth.

Given the improving earnings trajectory, strong order pipeline, and better execution visibility, ICICI Securities believes BHEL is well-positioned for further rerating, supporting its positive stance on the stock.

Turkish Airlines, Air China and Lufthansa are among the airlines which have made the deepest reductions in both seat and flights, according to aviation data firm Cirium.

HDFC Securities has reviewed the Q4 earnings of key companies including Godrej Properties, Ambuja Cements, Cholamandalam, Aditya Birla Capital, Ather Energy and CDSL, updating its views, target prices and investment ratings based on quarterly performance, outlook.

ASCS is less a sudden pivot and more the formalisation of a trend already underway — Amazon quietly expanding logistics services beyond its own ecosystem over the past few years.

Krutrim's platform reflects a high degree of vertical integration across the cloud stack, enabling optimised performance, cost efficiency, and greater control for AI and enterprise workloads.

India's passenger vehicle market has notched its best-ever April, but the more telling story lies beneath the headline number — in the shifting weights of the market share table.

Apple has concerns about using non-TSMC technology and may not ultimately move forward with another partner, the people familiar to the matter added.

Tractors were the fastest-growing category, registering a whopping 23.22% YoY growth to sell 75,109 units. This was anchored by healthy farm economics and strong demand momentum.