TOKYO: Japanese carmaker Honda Motor will make India a global manufacturing hub for its upcoming electric, Honda 0 α (alpha), whose prototype was unveiled at the Japan Mobility Show.The car has been developed for the Indian and Japanese markets, apart from other Asian countries. Its India debut will be in fiscal 2026-27. Honda Motor Co…
MUMBAI: The departure of Mehli Mistry from boards of Tata Trusts not only cements chairman Noel Tata’s position within the public charities but also strengthens his influence over the $180-bn Tata Group. It gives Noel greater control over the philanthropic and strategic arms of the Tata empire and enhances his ability to shape key decisions…
According to the Commission, the airline failed to provide adequate and accurate information about the availability of free seats. (AI image) Are airlines misleading you on availability of free seats? When booking an air ticket, be careful when you pay an extra amount for premium seats – free seats of your choice may be available….
Fintech major Fiserv Inc saw its shares crash 44% on Wednesday, heading for their worst day ever after the company cut its full-year earnings guidance and announced a sweeping leadership overhaul, CNBC reported.“Our current performance is not where we want it to be nor where our stakeholders expect it to be,” Fiserv CEO Mike Lyons…
In a move aimed at improving transparency and ease of fund transfers after a depositor’s death, the Reserve Bank of India (RBI) has notified the Banking Companies (Nomination) Rules, 2025 and Banking Laws (Amendment) Act, 2025. The new rules, effective November 1, 2025, make it mandatory for banks to clearly inform customers about the nomination…
The government is planning to sell a stake worth $1–1.5 billion (Rs 8,800–13,200 crore) in Life Insurance Corporation of India (LIC) by the end of this year, people aware of the discussions told ET. The move is aimed at increasing the insurer’s public shareholding to 10% — the level required under Securities and Exchange Board…
Apple became the third company in history to reach a $4 trillion market capitalisation, driven by soaring iPhone sales and renewed investor confidence — not by artificial intelligence. Shares of the Cupertino-based company have rallied more than 56% since April, adding about $1.4 trillion in value. Analysts say the comeback reflects not just a strong…
Paramount Skydance Corporation, the company behind the blockbuster Top Gun: Maverick, has announced plans to cut approximately 2,000 jobs as part of a sweeping restructuring. According to an internal memo sent by CEO David Ellison, the move is intended to streamline the organisation and ensure it remains a strong, future focused company. The first phase…
Boeing reported a $5.4 billion loss for the third quarter on Wednesday as persistent certification delays for its 777X aircraft forced the company to book an additional $4.9 billion charge, according to an AFP report.The aviation major, however, posted a 30% year-on-year rise in revenue to $23.3 billion, driven by higher commercial jet deliveries. But…
Canada’s upcoming federal budget (2025) will include creation of a ‘Foreign Credential Recognition Action Fund’, a $97 million initiative spread over five years.At present several immigrants with foreign degrees and professional licenses have to take up menial jobs, which include driving buses, while they wait endlessly for their credentials to be recognized. Carney ‘Politely’ Skewers…
