Mumbai, July 27 (IANS) Tata Chemicals Limited on Monday reported a consolidated net loss of Rs 17 crore for the first quarter of FY27, compared with a net profit of Rs 252 crore in the corresponding period last year (Q1 FY26).The Tata Group company posted revenue from operations of Rs 4,255 crore for the quarter ended June 30, 2026, marking a 14.4 per cent year-on-year increase from Rs 3,719 crore in the year-ago period, according to its stock exchange filing.Commenting on the performance, Tata …
Latest R Mukundan News & Updates
Mumbai, June 23 (IANS) India has made significant progress across several sectors over the past 12 years, but the country must become more globally competitive to achieve its ambition of becoming a $10 trillion economy, Confederation of Indian Industry (CII) President R. Mukundan said on Tuesday.In an interaction with IANS, Mukundan said India has witnessed substantial improvements in infrastructure sectors such as power, logistics, railways, ports and shipping. However, he stressed that the cou…
New Delhi, May 12 (IANS) The newly constituted National Council of the Confederation of Indian Industry (CII) at a meeting on Tuesday elected its new office bearers for the year 2026-27, with Tata Chemicals Ltd Managing Director & CEO R. Mukundan assuming office as the President for 2026-27, replacing Rajiv Memani at the helm. Mukundan has over 30 years of experience at the Tata Group, having held various responsibilities across the chemical, automotive, and hospitality sectors of the Tata G…
New Delhi, March 23 (IANS) In view of the evolving geopolitical situation due to the Iran war and its implications for maritime trade, the Centre has decided to restore the rates and value caps under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for all eligible export products with effect from March 23, according to a statement issued by the Ministry of Commerce and Industry on Monday. This step is intended to provide timely support to Indian exporters facing elevated f…
New Delhi, March 22 (IANS): A timely and strategic move by the government with the RELIEF initiative to support exporters amid global disruptions has strengthened trade resilience and ensured continuity by easing logistics, insurance, and cost pressures in a volatile geopolitical environment, apex business chamber CII said on Sunday.”For the manufacturing and chemicals sector, it comes as a crucial buffer against rising freight, insurance, and input costs, helping maintain production continuity …
New Delhi, Jan 22 (IANS) SEBI Chairman Tuhin Kanta Pandey said on Thursday that India continues to demonstrate strong macroeconomic stability amid ongoing global volatility in trade and geopolitics, as capital-raising activity remains robust, with the country ranking first globally in the number of IPOs and third in terms of capital raised in 2025.Outlining the resilience of the Indian economy, Pandey observed that moderate inflation, robust foreign exchange buffers, and stable external accounts…