Category: Business

The JLR cyberattack cost the British economy an estimated £1.9 billion and affected more than 5,000 suppliers. (Bloomberg)
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Tata Motors PV in focus as UK credit agency warns against JLR loan guarantee| Business News

The UK government’s £1.5-billion loan guarantee to help Jaguar Land Rover after a major cyberattack falls outside the “normal underwriting criteria”, the Financial Times reported…

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TCS has a $1-billion contract with Marks & Spencer's. (Reuters)
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TCS refutes UK media report on losing $1-billion Marks & Spencer’s contract| Business News

Tata Consultancy Services Ltd. has denied a report published in The Telegraph UK that Marks & Spencer’s Plc has scrapped its contract with India’s largest…

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The government has a 49% stake in Vodafone Idea in lieu of some of the pending dues. (Reuters)
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Relief for Vodafone Idea as Supreme Court allows Centre to reconsider AGR dues| Business News

The Supreme Court has allowed the central government to reconsider the issue of reassessment of AGR dues that Vodafone Idea Ltd. has to pay. Shares…

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The gold and silver prices in India are essentially tracking global cues. (Representative image/Unsplash)
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MCX gold, silver prices fall—check city-wise rates| Business News

Gold prices in India fell today, after posting its biggest weekly drop since mid- August, as the progress on a US-China trade deal and a…

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A blistering bullion rally that propelled gold prices to a record high of $4,380 an ounce last week has since gone into reverse on signs the metal had become overbought. (Bloomberg)
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Gold prices extend drop as progress on US-China trade deal erodes safe-haven demand| Business News

Gold prices fell, after posting its first weekly drop since mid-August, as the progress on a US-China trade deal sapped safe-haven demand. A blistering bullion…

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Cofounder Peyush Bansal's net worth is expected to near $1 billion after the Lenskart IPO scheduled for 31 October to 4 November 2025. (HT)
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Lenskart IPO priced for $8-billion valuation as Peyush Bansal nears $1-billion net worth| Business News

Lenskart Solutions Pvt. Ltd. is seeking a valuation of up to $8 billion in an IPO that will potentially make its co-founder Peyush Bansal a…

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US President Donald Trump meets with China's President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, June 29, 2019 (REUTERS)
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China, Hong Kong stocks set to open higher on Trump-Xi trade talk optimism| Business News

China and Hong Kong equities are poised to open higher on Monday, buoyed by investor optimism over a potential breakthrough in trade negotiations between Washington…

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Earlier this year, SBI Chairman C S Setty announced that the bank's total recruitment across categories would be about 18,000. (HT Photo/Representational Image)
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SBI plans to hire 3,500 officers in next 5 months to strengthen operations, service delivery| Business News

The country’s biggest lender, State Bank of India (SBI), plans to hire around 3,500 officers to bolster its operations and enhance service delivery nationwide. Earlier…

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For Hermès, the Wales Bonner appointment is something of a novelty. In contrast with other fashion labels that sign on designers who are stars in their own right, Hermès has traditionally cultivated a strong artistic culture internally (REUTERS)
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Hermès brings ‘indie spirit’ to brand with new designer Grace Wales Bonner| Business News

In a 2019 System magazine interview, Grace Wales Bonner praised menswear designer Raf Simons for being “very uncompromising,” saying “it is a really beautiful thing…

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Reliance Industries, which operates the world's largest refinery in Jamnagar, Gujarat, has a long-term deal to buy nearly 500,000 barrels per day of crude oil from Rosneft. (Reuters)
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Reliance Industries says will abide by Europe, US sanctions on Russia| Business News

Reliance Industries, India’s biggest importer of Russian crude oil, will abide by western sanctions against Moscow, while maintaining its relationship with its current supplies. Reliance…

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