Business

New Delhi: Tata Motors has acquired an 89.42 per cent stake in Italian commercial vehicle maker Iveco Group, making it an indirect subsidiary of the Indian automaker following completion of the initial settlement of its tender offer. In a joint statement Friday, the companies said...

Mumbai: Noel Tata has written to Tata Sons to take up a business reorganisation plan presented by him to avert listing of the conglomerate's holding company, and Shapoorji Pallonji group's part-exit to raise Rs 25,000 crore at the next board meet scheduled for November 26....

Washington: Elon Musk has given $446 million to influence the 2026 US midterm elections, the most by any donor in modern American history, as the 50 biggest contributors pour about $2.8 billion into the race, according to a Washington Post tracker based on Federal Election...

New Delhi: Air India and Air India Express Friday announced extending the cancellation of their flights connecting Saudi Arabian cities till November 14 due to the prevailing situation in the region. Last week, the two airlines cancelled the services to Riyadh and Dammam till November...

New Delhi: Prime Minister Narendra Modi will visit Brussels in December to formally sign the India-European Union free trade agreement in major step to strengthen economic ties between the two sides, European Council President Antonio Costa said. "Prime Minister Modi will come in December to...

New York: US-based blockchain intelligence firm TRM said a North Korean hacking unit was likely behind the theft of more than USD 6 billion on the world's biggest cryptocurrency exchange, Binance. Binance said late Thursday that approximately USD 6.3 billion was impacted, which its founder...

Mumbai: Equity benchmark indices Sensex and Nifty rallied for the second straight session Friday, supported by robust buying in IT firms and earnings-driven demand in the Tata Group's retail arm Trent. The 30-share BSE Sensex climbed 308.49 points, or 0.42 per cent, to settle at...

Bhubaneswar: Prime Minister Narendra Modi Friday released the 24th instalment of the PM-KISAN scheme, transferring over Rs 18,690 crore to the bank accounts of more than 9.34 crore farmers across the country, including 35.38 lakh in Odisha. The beneficiaries in Odisha received Rs 3,000 crore...

New Delhi: Amid the row over divestment of IDBI Bank, Finance Minister Nirmala Sitharaman Friday took on the Congress party and the previous UPA government, alleging they used banks and financial institutions as "personal entities" and pressured bank employees to extend loans at their whim,...

Bhubaneswar: Indian Administrative Service (IAS) officer Pranati Chhotray has assumed charge as the new Managing Director of the Odisha State Cooperative Milk Producers’ Federation (OMFED). Chhotray, who was previously serving as Additional Secretary in the Home Department, formally took over the charge from Vijay Amruta...