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BAT to divest stake in ITC Hotels at “best moment”, says Chief Executive Tadeu Marroco
Business

BAT to divest stake in ITC Hotels at “best moment”, says Chief Executive Tadeu Marroco

British American Tobacco (BAT), which has a direct stake of 15 per cent in ITC Hotels, on Thursday said it will be divesting the stake

Greenpark Hotels acquires Four Points by Sheraton Chennai OMR for ₹53 crore
Business

Greenpark Hotels acquires Four Points by Sheraton Chennai OMR for ₹53 crore

Greenpark Hotels and Resorts acquired Four Points by Sheraton Chennai OMR for about ₹53 crore.  The current acquisition is the third acquisition of the Group in Chennai and

Porsche to cut 1,900 jobs in Germany as weak EV demand bites
Finances

Porsche to cut 1,900 jobs in Germany as weak EV demand bites

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Porsche is set to cut

TCS partners with Finland’s UPM to modernise its IT landscape 
Business

TCS partners with Finland’s UPM to modernise its IT landscape 

Tata Consultancy Services (TCS) signed an agreement to drive end-to-end IT transformation of UPM, a global company that provides renewable and responsible solutions, to boost

As volatile swings continue, experts weigh in
Business

As volatile swings continue, experts weigh in

The broader market has seen a steep correction in the past few months. The Nifty Midcap 100 and Nifty Smallcap 100 are down 10.5 per

Select Committee to examine new I-T Bill, submit report in Monsoon session
Business

Select Committee to examine new I-T Bill, submit report in Monsoon session

Finance Minister Nirmala Sitharaman on Thursday asserted that the new Income Tax Bill does not have merely mechanical but structural changes. She introduced the Bill

Labour needs a growth plan for the north
Finances

Labour needs a growth plan for the north

This article is an on-site version of our The State of Britain newsletter. Premium subscribers can sign up here to get the newsletter delivered every

New Income Tax Bill 2025 eases NRI worries, enhances clarity and compliance
Business

New Income Tax Bill 2025 eases NRI worries, enhances clarity and compliance

The Income Tax Bill 2025 endeavours to create a more transparent and efficient tax environment for NRIs, addressing long-standing challenges and promoting greater engagement with

SEBI moves to tighten rules for ESG rating withdrawals
Business

SEBI moves to tighten rules for ESG rating withdrawals

The Securities and Exchange Board of India (SEBI) has proposed measures to strengthen and provide clarity on the framework for ESG Rating Providers (ERP) to

US president promises ‘the big one’ on trade with reciprocal tariffs
Finances

US president promises ‘the big one’ on trade with reciprocal tariffs

Announcements related to technology, which is an important economic link between the US and India, are expected today. India’s Prime Minister Narendra Modi is meeting