logo
Tata Motors share price declines 3% post Q4 results, dividend declaration: Do you own?

Tata Motors share price declines 3% post Q4 results, dividend declaration: Do you own?

Mint14-05-2025

Ujjval Jauhari
Published 14 May 2025, 09:36 AM IST Stock Market Today: Tata Motors share price declines post Q4 results,(Reuters)
Stock Market Today: Tata Motors share price declined 3% in the morning trades on Wednesday post Q4 results that came after the market hours on Tuesday. Tata Motors also announced dividend declaration: Do you own?

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Pakistan, Troubled By Thoughts Of A Deterrent For BrahMos, Looks Beyond China
Pakistan, Troubled By Thoughts Of A Deterrent For BrahMos, Looks Beyond China

NDTV

time3 hours ago

  • NDTV

Pakistan, Troubled By Thoughts Of A Deterrent For BrahMos, Looks Beyond China

New Delhi: Ever since India's precision strikes first destroyed its terror infrastructure and later its air bases and military installations during Operation Sindoor, one question has kept Pakistan worried and puzzled at the same time - How to defend itself against India's BrahMos missile? Though India has not officially stated the use of the BrahMos during Op Sindoor, Pakistan's prime minister Shehbaz Sharif had publicly admitted to its airbases being hit by the supersonic cruise missile. LOOKING BEYOND CHINA Disappointed with the Chinese air defence systems - HQ-9 and HQ-16 - which failed to stop India's drone and missile strikes, and was totally ineffective against the BrahMos, as claimed by Pakistan itself, Islamabad is now looking beyond China to find a worthwhile solution. Pakistan is reportedly exploring a possibility of acquiring a German-made advanced air defence system which has proven to be effective in Ukraine against a Russian cruise missile similar to that of the Brahmos. GERMAN ENGINEERING Last month Ukraine claimed that the recently-inducted German air defence system - IRIS-T SLM - had successfully shot down 60 incoming missiles over the last one year. Developed by Germany's Diehl Defence, the air defence system performed well against the Russian P-800 Oniks missile, considered somewhat similar to India's BrahMos. IRIS-T SLM, which stands for Infrared Imaging System - Tail/Thrust Vector Controlled - Surface-Launched Missile, is a medium-range air defence system. First developed in 1990, the system has been upgraded several times. It includes a radar, an operation centre, and multiple launchers. According to news agency Reuters, in 2023, Germany purchased six IRIS-T air defence systems for its air force at a total cost of some 900 million euros ($971.73 million). It has a range of approximately 40 kilometres (25 miles) and a 360 degree view. INDO-GERMAN DEFENCE TIES According to a report in the Economic Times, Pakistan's plans skip Chinese air defence systems and instead purchase them from Germany, comes at a time when the company that manufactures the IRIS-T - Diehl Defence - has partnered with Thyssenkrupp Marine Systems, that is engaged in defence projects in India. Together, Diehl and Thyssenkrupp are working to supply Interactive Defence and Attack Systems or IDAS for six Indian Navy submarines being made in India under the Rs. 70,000 crore Project 75I. Moreover, as per the Economic Times, India's Reliance Defence, a subsidiary of Reliance Infrastructure, has entered into a strategic cooperation agreement with Diehl Defence. Together they will manufacture the precision-guided munition system Vulcano 155mm - and advanced, long-range artillery shell, in India. This might make it difficult for Pakistan to deal with the German firm. MISPLACED PRIORITIES? Despite its economy tanking and nearly 45 per cent of its citizens now below the poverty line and 16 per cent living in extreme poverty, Pakistan, in its annual budget today upped its defence spending significantly while lowering spending on nearly everything else. However, in the last month alone, cash-strapped Pakistan has managed to secure a billion-dollar loan from the IMF and another $800 million from the Asian Development Bank or ADB. Additionally, Pakistan's budget saw a whopping 20 per cent hike in defence spending, while the overall expenditure has been slashed by 7 per cent. Some reports suggest that Pakistan's government has scrapped development projects worth nearly 1,000 billion Pakistani Rupees.

Elon Musk called Trump before posting regret over online feud; White House says US President 'appreciates' apology
Elon Musk called Trump before posting regret over online feud; White House says US President 'appreciates' apology

Time of India

time4 hours ago

  • Time of India

Elon Musk called Trump before posting regret over online feud; White House says US President 'appreciates' apology

placed a phone call to President late Monday, shortly before publicly expressing regret over a series of hostile social media posts targeting the president, The New York Times and Reuters reported Wednesday. Tired of too many ads? go ad free now The Tesla and CEO acknowledged on X that his posts had crossed a line. 'I regret some of my posts about President @realDonaldTrump last week. They went too far,' Musk wrote Wednesday on the platform he owns. In response, the White House signalled a possible softening of tone. 'The president acknowledged the statement that Elon put out this morning, and he is appreciative of it,' Press Secretary Karoline Leavitt told reporters. She also confirmed that 'no efforts' had been made to act on Trump's earlier threat to end Musk's federal contracts. The apology marks a notable shift in what had become an unusually personal and public spat between two of the most powerful figures in American politics and business. The feud escalated after Musk denounced Trump's key domestic bill as a 'disgusting abomination' and suggested Trump's name was in unreleased Jeffrey Epstein files—a post he later deleted. Trump lashed back by calling Musk 'a big-time drug addict' and mocking his appearance during a recent Oval Office visit. Just last week, the president had said he had no interest in mending fences. But Musk's recent actions—deleting provocative posts, mirroring Trump's rhetoric on immigration and protests, and privately reaching out—indicate an effort to de-escalate. Trump, for his part, has toned down his criticism, fuelling speculation of a potential reconciliation. Tired of too many ads? go ad free now Allies on both sides have reportedly encouraged them to move past the dispute. The stakes go beyond personal grievances. Musk is the Republican Party's largest donor in 2024, contributing nearly $275 million to Trump's campaign. At the same time, Musk's companies rely heavily on federal contracts—SpaceX alone secured $3 billion in 2023—leaving them vulnerable to political fallout. Multiple federal agencies are also currently investigating or suing Musk's firms. The rift began over policy but quickly turned personal. After Musk's harsh critique of Trump's fiscal bill, Trump suggested pulling funding from Musk's companies to 'save money.' Musk's political engagement has also begun to take a toll on his business reputation. Tesla is losing market share in key regions like Germany, Norway, France, and even the U.S., amid rising competition and consumer backlash. The company is expected to unveil its autonomous 'Robotaxi' fleet in Austin, Texas, later this month. Meanwhile, SpaceX continues testing its ambitious new rocket—touted as the most powerful ever built—but results have been mixed, adding further pressure on Musk's business empire.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store