India needs to boost mariculture production to 25 lakh tonnes by 2047 from the current 1.5 lakh tonnes to meet the country’s rapidly growing seafood demand, CMFRI Director Grinson George said on Saturday.Speaking at the launch of a training programme for fish farmers under the central government’s Pradhan Mantri Dhan Dhanya Krishi Yojana (PMDDKY), George…
Avenue Supermarts Ltd, the company behind retail chain D-Mart, reported a 3.85 per cent rise in consolidated net profit at Rs 684.85 crore for the second quarter ended September 2025, up from Rs 659.44 crore a year ago, according to a regulatory filing, PTI reported.Revenue from operations climbed 15.45 per cent to Rs 16,676.30 crore…
US auto major Ford is revisiting its strategy for the Maraimalai Nagar plant near Chennai, with top executives expected to hold a meeting to decide the facility’s future, people familiar with the matter told ET. “The Trump tariffs have made the company reassess the financials underlying the original plan,” one source said. The company could…
Cryptocurrency markets tumbled on Friday as renewed trade tensions between the US and China, alongside a fresh export control move by Donald Trump, rattled investors worldwide.After the announcement crypto giant Bitcoin fell 8.4% to $104,782 at 17:20 ET and Ethereum followed, tumbling 5.8% to $3,637. Earlier on Monday, Bitcoin, the world’s largest crypto, recorded its…
Tractor sales at new high CHENNAI: With a host of favourable factors driving demand, tractor volumes hit a historic high this September, and total domestic sales surpassed the half-a-million mark in the first half of the fiscal year for the first time.Domestic tractor sales stood at 1,46,180 units in September, compared with 1,00,542 units in…
MUMBAI: Pushing for a public listing of Tata Sons, Shapoorji Pallonji Mistry on Friday said it was “not merely a financial step – it is a moral and social imperative. “Tata Trusts stand to benefit immensely from this (IPO) process. A transparent and publicly accountable Tata Sons would pave the way for a robust and…
SIPs hit new high of 29.4k crore MUMBAI: Volatility in the markets notwithstanding, retail investors continued to invest through systematic investment plans (SIPs) in mutual funds, which helped push the monthly gross flows through this channel to an all-time high of Rs 29,361 crore in Sept. The month also recorded the highest ever assets under…
MUMBAI: Winro Commercial, a BSE-listed non-banking finance company (NBFC) with a market cap of nearly Rs 31 crore, has bid in LG Electronics India IPO for shares worth nearly Rs 749 crore, raising eyebrows among market players. The company is known to be active in the IPO space; it usually bids in the anchor books…
Tata Consultancy Services (TCS) has unveiled a new Artificial Intelligence (AI) Experience Zone and Design Studio in London as part of its latest expansion drive in the United Kingdom. The company said the initiative, coupled with fresh investments, will generate 5,000 new jobs across the UK over the next three years.TCS, which already supports over…