Buisiness

Tesla is likely to source essential vehicle control components from Tata Electronics. (AI image) Several Tata Group companies have silently established themselves as global suppliers to Elon Musk-led Tesla, which represents approximately half of the global automotive industry’s market value. These companies – Tata AutoComp, Tata Consultancy Services, Tata Technologies, and Tata Electronics – are…

Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, Zydus Lifesciences and National Aluminium are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for March 21, 2025:Index View: NIFTYNifty despite ongoing global volatility maintained a positive bias and on expected…

Market experts anticipate continued recovery in the short term. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Friday. While BSE Sensex was down over 100 points, Nifty50 was near 23,150. At 9:16 AM, BSE Sensex was trading at 76,237.17, down 111 points or 0.15%. Nifty50…

CLSA has a ‘hold’ recommendation on Voltas with a target price of Rs 1,375. Analysts said that the company indicated encouraging secondary sales ahead of peak summer season on a high base while the market share losses early this year have been more due to seasonality and geographical presence. The company expects to continue to…

MUMBAI: Dovish comments from the US Fed chair on Wednesday night after keeping rates unchanged led to an 899-point rally in sensex on Thursday that took the index to close above the 76K mark, a one-month closing high. It was the fourth consecutive session of gains for the index during which it added a little…

NEW DELHI: The commerce ministry has recommended a 12% safeguard duty on some specific steel products for 200 days to protect the domestic industry, which has been facing the brunt of a sudden spike in imports.“…Authority considers that a provisional safeguard duty of 12% will be appropriate to eliminate serious injury and threat to the…

MUMBAI: India’s economy continues to display remarkable resilience amid global uncertainty, with growth underpinned by strong agricultural output and recovering consumption, the Reserve Bank of India (RBI) noted in its State of the Economy report.Key sectors – including agriculture, construction, financial services, and trade – remain buoyant. The country is benefitting from easing inflation, robust…

Chinese President Xi Jinping. (File photo) US President Donald Trump is escalating his global trade war, targeting not just China but also allies like India. As part of his “America First” economic strategy, Trump announced that India will face reciprocal tariffs starting April 2, claiming that the country imposes some of the highest duties on…

BENGALURU: The IT sector is trudging in the slow lane, operating at a lacklustre pace. Industry analysts forecast a slower pace of recovery with moderate growth for a longer period, even as the IT sector faces potential challenges stemming from the macro-economic environment and technology transition, increasing risks to revenue growth. This presents a case…

Microsoft Corp, the biggest backer of Sam Altman’s OpenAI, and BlackRock Inc, which has an executive on the artificial intelligence startup’s board, are joining forces with one of his chief rivals.Microsoft and BlackRock said on Wednesday that Elon Musk’s xAI is joining their effort to build $30 billion worth of data centers and other artificial…