CLSA has an outperform rating on Bharti Airtel with the target price at Rs 2,320, up marginally from Rs 2,310 earlier. Analysts said Bharti Airtel is accelerating investments in data centre subsidiary Nxtra Data to $1 billion. Nxtra will ramp up capacity from 300MW to 1GW targeting a 25% market share. Bharti will retain a…
Toyota Kirloskar Motor has increased prices of its popular full-size SUV, the Toyota Fortuner, with the latest revision pushing costs up by as much as Rs 87,000 across the range. The hike applies to all variants, covering both petrol and diesel options, as well as 4×2 and 4×4 drivetrains.This is the second price revision for…
The incident also caused significant damage inside the cabin Air India on Friday said it had terminated the employment of the Pilot-in-Command of its Phuket-Delhi flight after he tested positive for a psychoactive substance.“The Pilot-in-Command of the Phuket-Delhi flight tested positive for a psychoactive substance. In line with Air India’s zero-tolerance approach to violations of…
How do you measure a trillion dollars? Start with the zeroes. A trillion is written as $1,000,000,000,000 — a one followed by 12 zeroes. Yet even that barely captures its scale. As SpaceX’s market debut pushes Elon Musk towards what could become the world’s first trillion-dollar personal fortune, the number is so large that it…
Going forward, Indian exports to the US may face higher scrutiny and the additional tariffs will hit as well, say experts. (AI image) Two days after Commerce minister Piyush Goyal said that the India-US trade deal was now down to finalising the ‘commas and full stops’, the Donald Trump administration has proposed to impose additional…
Indian Oil Corporation Limited (IOCL) on Tuesday assured that supplies of petrol and diesel remain stable in the country despite ongoing supplies triggered by the Middle East conflict. Speaking at a press conference, Ashutosh Gupta, Executive Director and State Head, IOCL Punjab State Office, said the company currently holds sufficient reserves across Punjab, Himachal Pradesh,…
Silambarasan TR and Vetri Maaran’s much-awaited Tamil film ‘Arasan’ is back on track as producer Kalaippuli S Thanu confirms that shooting has resumed. Sharing a behind-the-scenes picture from the sets with the caption “Arasan Back in Action,” the producer has given fans an exciting update on the film, which also stars Vijay Sethupathi, Samuthirakani, Andrea…
Price pressures remain stronger in rural India (4.8%), up from 4.7% in June NEW DELHI: Retail inflation inched up to 4.45% in July on expensive kitchen staples, including onion and ginger, even as price rise remained above the Reserve Bank’s median target for the second consecutive month, according to govt data.The consumer price index (CPI)-based…
Oil prices fell slightly on Friday as hopes for a ceasefire in the Middle East faded following Hezbollah’s rejection of a US-backed proposal in Lebanon.Brent crude slipped 0.22% to $95.24 a barrel, while US West Texas Intermediate (WTI) crude fell 0.11% to $92.94 a barrel in early trade.Despite Friday’s decline, both benchmark contracts were on…
Meghan Markle and Prince Harry are reportedly furious over what they see as preferential treatment being extended to Kate Middleton’s sister, Pippa Middleton and her husband James Matthews, after the couple was granted permission to increase security around their Berkshire mansion. The Duke and Duchess of Sussex, who had their own government-funded security removed after…