A board meeting of Tata Sons, the holding company of the Tata Group, concluded in Mumbai on Tuesday amid reports of discussions around leadership and concerns over the performance of some group businesses, PTI reported.Directors, including Tata Trusts chairman Noel Tata, arrived at the group’s headquarters, Bombay House, in the morning and left in the…
British oil giant BP has removed Albert Manifold as chairman less than a year after he took over the role, citing what it described as “serious concerns” over governance, oversight and conduct at the company, AFP reported.The company announced on Tuesday that board member Ian Tyler has been appointed interim chairman with immediate effect.“The board…
State-run Union Bank of India on Tuesday approved plans to raise up to Rs 8,000 crore through a mix of debt and equity instruments, PTI reported.In a regulatory filing to the BSE, the bank said its board had approved raising debt capital of up to Rs 5,000 crore through Basel III-compliant Additional Tier-1 bonds and/or…
Rising silver prices are not just pushing investment demand, they are also opening the door to a surge of impure silver bars and coins in the Indian market. The trend has raised concerns among industry stakeholders over widespread counterfeiting and lapses in quality standards. Precious metal refiners have now stepped up calls for the Bureau…
Data from USCIS shows that nearly 540,000 family-sponsored green card applications and about 170,000 employment-based applications are currently pending. (AI image) Green card hopefuls in the US have been handed over a fresh challenge by the Donald Trump administration: most immigrants seeking green cards have to leave the United States and complete the application process…
India and Canada are looking to fast-track negotiations for a proposed free trade agreement as both countries push to deepen economic engagement and raise bilateral trade to $50 billion by 2030.Canadian Prime Minister Mark Carney said that negotiations on the trade pact with India could prove transformational for businesses and workers in Canada.“We’re negotiating a…
India and the US on Tuesday signed a bilateral framework covering the supply, mining and processing of critical minerals and rare earth elements. The agreement was announced by external affairs minister S Jaishankar after bilateral discussions and the Quad Foreign Ministers’ meeting, where the issue also featured prominently.“We are today signing a bilateral India-US framework…
Rupee slipped in early trade on Tuesday, dragged down by continuous demand for the US dollar and a rebound in crude oil prices. The currency opened at 95.43 against the US dollar in the interbank foreign exchange market, registering a fall of 17 paise from Monday’s closing level of 95.26. Rupee had ended the previous…
Gold price prediction today: Gold prices may gain if oil prices fall, but the rise is likely to be capped, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
“Indian equity markets are expected to open on a mildly negative note, with Gift Nifty trading around 24,030, down by 95 points, indicating subdued opening cues for domestic indices. Global markets remained largely positive amid easing geopolitical concerns and stable investor sentiment, though some profit booking at higher levels may keep domestic markets range-bound in…
