Moody’s Ratings on Monday revised Tata Motors’ outlook to negative from positive after a cyber attack forced a production halt at its UK-based subsidiary Jaguar Land Rover (JLR). The agency, however, affirmed the auto major’s Ba1 corporate family rating (CFR). Sweta Patodia, Assistant Vice President and Analyst at Moody’s Ratings, said the change reflects the…
Defence public sector undertakings Bharat Electronics Ltd (BEL) and Hindustan Aeronautics Ltd (HAL) are learned to have secured fresh deals from the country’s defence forces. BEL is likely to upgrade the electronic suites in the Indian Air Force’s Mi-17 helicopters, sources told Zee Business. The news comes at a time when the country’s defence space…
Indian IT companies are expected to face only limited disruption following the US announcement of a $100,000 one time fee on new H-1B visa applications, according to market expert Anil Singhvi, managing editor of Zee Business. Singhvi suggested that the move is more “signal than shock” for the sector, with only mild implications for business sentiment…
The Income Tax Department has launched a nationwide survey on FMCG company Marico, sources told Zee Business. Around 200 income tax officials are deployed in the exercise, the sources added. The survey is led by the Mumbai-based income tax investigation unit. Add Zee Business as a Preferred Source At the time of publishing this report,…
Alphabet Inc., the parent company of Google, has crossed a market capitalisation of $3 trillion, becoming only the fourth publicly listed firm to reach this milestone after Apple, Microsoft and Nvidia. The company’s stock climbed 4.3 per cent to close at $251.22 on 15 September 2025, lifting its market cap to $3.05 trillion. Google was…
Infosys’s board has approved a share buyback proposal to the tune of Rs 18,000 crore. The buyback — approved at Rs 1,800 per share — will be at a premium of 19.2 per cent over the current market price and comprise 2.41 per cent of the IT major’s equity. | Image: infosys.com Source link