India’s private capex pipeline rises 39% to Rs 99.7 lakh crore, UBI flags risks India’s planned private sector investments touched Rs 99.7 lakh crore in September 2026, with the pipeline expanding 39% over a year. However, the sharp rise in project costs has not been matched by a similar increase in the number of projects,…
Tata Sons and Tata Trusts are in talks with insurance companies about cover for possible legal claims arising from their dispute over the future of the $185 billion Tata Group.Executives from both sides want to know how much of their legal costs would be covered under directors and officers liability insurance if the dispute goes…
In the IPO, Jio Platforms is offering 27 crore shares at a per-share price band of Rs 1,065 to Rs 1,119. MUMBAI: The maiden public offering for Jio Platforms was subscribed within 100 minutes of opening as institutional buyers led the charge. At close of the session on Day 1, the Rs 30,213-crore IPO, the…
MUMBAI: A surge in gold loans may partly reflect borrower stress, with lenders allowing customers already in deep delinquency to borrow against gold and repay overdue loans, Macquarie said in a report. The trend raises questions about whether gold-backed lending is driven by consumption or income-generating needs or is merely helping borrowers manage debt by…
SpaceX is valued at more than $2 trillion, while Tesla has a market value of about $1.5 trillion. Elon Musk openly endorsed the prospect of combining SpaceX with Tesla Inc in what would be the biggest-ever corporate merger, uniting assets from electric cars to AI data centres to rocket and satellite capabilities. The world’s richest…
Tesla cuts 2026 capex by one fifth Tesla reported an unexpected $1.53 billion in free cash flow in the third quarter, beating Wall Street’s expectations, as the electric vehicle maker spent less than anticipated on capital expenditure.However, a one-fifth cut to its 2026 spending forecast has raised questions about its investment plans for artificial intelligence…
Core sector grew 7.9% in Sept, compared with 3.1% a year ago, driven by strong performance in electricity, cement and refinery products and aided by a favourable base as well, official data released Tuesday showed. Sequentially, the growth marked acceleration from an upwardly revised figure of 5.9% in Aug. This is the strongest performance of…
Rupee gives up some gains NEW DELHI: Rupee weakened in early trade on Thursday, losing 12 paise to 94.50 against the US dollar as rising crude oil prices and a decline in the equity market weighed down the currency. A softer dollar and lower US treasury yields, however, helped limit the fall.The currency opened at…
As the relationship between the couple deteriorated, the woman asserted that the house belonged solely to her. (Image for representative purpose only) A property is in the joint name of a husband and wife. But only one of the two has directly or indirectly supplied funds for its purchase? In case of a marital discord,…
Dalal Street is set to begin trading on a cautious note after Sensex and Nifty ended Wednesday in red, surrendering early gains amid profit booking and concerns over elevated crude prices and firm US bond yields. Gift Nifty also hinted at a muted start, trading 0.37% lower. Global cues remain fragile, with Asian equities largely…
