Business

Tata

Tata Trusts propose Tata Sons rejig to keep it private

Mumbai: Tata Trusts, which own 66 per cent of Tata Sons, have proposed merging two operating companies with the Tata Group's holding company in a restructuring that would allow it to shed its classification as a non-banking financial company and a core investment company, helping...

Industry, India, Output, Production

Industrial production rises 8% in August: Govt data

New Delhi: India's industrial output increased by 8 per cent in August from 7.4 per cent in the preceding month, mainly due to a good show by the manufacturing sector, according to the latest government data released Monday. This is the fifth monthly Index of...

Rupee falls 28 paise to close at 96.03 against US dollar

Mumbai: The rupee depreciated 28 paise to close at 96.03 (provisional) against the US dollar Monday, on risk-off sentiments in global markets after the US rejected a deal proposal by Iran, diminishing hopes of reopening of the Strait of Hormuz. Forex traders said global risk...

 

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