‘We will improve the price value equation of EVs’: Shailesh Chandra, Tata Motors

Tata Motors launched its Harrier electric vehicle, packed with segment-first features, at a competitive price starting ₹21.49 lakh. Shailesh Chandra, Managing Director, Tata Passenger Electric Mobility, and Tata Motors Passenger Vehicles, spoke to businessline on the company’s plans with the launch, rare earth magnet scarcity and the electric vehicle sales in FY26. What are the…

CCI approves Currant Sea Investments’ acquisition of stake in IDFC First Bank

The Competition Commission of India (CCI) on Tuesday approved the proposed acquisition of up to 9.99 per cent of the paid-up share capital of IDFC First Bank by Current Sea Investments BV. The transaction involves Currant Sea Investments B.V. subscribing to 81,26,94,722 compulsorily convertible cumulative preference shares (CCPS) of IDFC First Bank. This will result…

Bank Deposit Slowdown: As borrowers await June 6 RBI rate decision, lenders stare at a new challenge—Muted credit growth a silver lining!

RBI Rate Decision, MPC June 6 Review, Bank Deposit Growth: Deposit growth in the country’s commercial banks slowed to 10.6 per cent in the financial year ended March 31, 2025, marking a decline of 240 basis points (bps) compared with the corresponding period a year ago, Reserve Bank of India (RBI) data shows. Many analysts…