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Month: May 2025

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Tata Motors’ EV arm turns Ebitda positive despite dip in sales and market share

[ad_1] Tata Motors’ electric vehicle (EV) business achieved a positive operating margin before depreciation and amortisation (Ebitda) in the fiscal year 2024-25, placing it among a small group of EV manufacturers globally to reach this milestone, the company said in its latest annual report.The turnaround in margins came even as EV sales dipped and its market share declined due to intensifying competition from rivals like MG Motor and Mahindra & Mahindra.India’s leading EV player by volume, Tata Motors reported that revenue from its EV division fell to Rs 8,187 crore in FY25, down from Rs 9,285 crore in FY24. Its retail market share also dropped significantly—from 73.1% to 55.4% over the same period. However, the Ebitda margin showed a marked improvement, climbing to 1.2% from a negative 7.1%—an increase of 8.3 percentage points, according to an ET report.“In the EV […]

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‘Make in India’ defence boost: Advanced version of BrahMos missile may be manufactured in Uttar Pradesh; India & Russia begin talks

[ad_1] BrahMos, the supersonic missile, has proven that it cannot be intercepted. (File photo) ‘Make in India’ boost for defence sector: India and Russia are in discussions for manufacturing an advanced version of the BrahMos supersonic cruise missile, following its success in India’s Operation Sindoor against Pakistan.The advanced version of the BrahMos, which is a jointly manufactured missile by India and Russia, is expected to be made at the latest unit in Uttar Pradesh. Sources told ET that the recently opened BrahMos manufacturing unit in Uttar Pradesh has been selected to produce these advanced missiles. The facility is expected to undertake large-scale production of these sophisticated weapons systems.The financial daily reported that Russia has offered comprehensive technical assistance to co-produce the upgraded BrahMos missile version in India. Preliminary talks between the two countries have already commenced on this matter, the […]

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SpaceX Dragon returns to Earth, triggers sonic boom in Southern California |

[ad_1] Southern California residents were left alarmed on Saturday evening after hearing a powerful sonic boom caused by the re-entry of the SpaceX Dragon spacecraft. The noise, described by many as a loud boom accompanied by a rattling sensation, occurred as the uncrewed capsule returned from the International Space Station (ISS), carrying over 6,700 pounds of scientific research, equipment and crew supplies. The Dragon had undocked earlier in the day and was scheduled to splash down off the southern California coast around 10.44pm. SpaceX had issued an alert shortly before re-entry, but the sudden sonic boom still surprised many locals.SpaceX Dragon’s return from the ISSThe Dragon spacecraft had been docked at the ISS since 22 April, following its launch from NASA’s Kennedy Space Center on 21 April. Its return marked the completion of another resupply mission, during which it delivered […]

‘Putin defending Russia’: Kremlin reacts to Donald Trump’s ‘crazy’ comment

[ad_1] Russia on Monday reacted to the US President Donald Trump's criticism of Vladimir Putin and said their president was "defending" Russia and the strikes were "retaliatory" in nature.Trump had called his counterpart "crazy" for carrying out a massive drone attack in Ukraine, its biggest there since the war began in February 2022."President Putin is taking the decisions that are necessary to ensure the security of our country," Kremlin spokesman Dmitry Peskov said.In a strongly worded post, Trump had said: "He has gone absolutely CRAZY! He is needlessly killing a lot of people, and I’m not just talking about soldiers. Missiles and drones are being shot into Cities in Ukraine, for no reason whatsoever. I’ve always said that he wants ALL of Ukraine, not just a piece of it, and maybe that’s proving to be right, but if he does, […]

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‘Isn’t Zaara the most gorgeous?’: Yuzvendra Chahal’s rumoured girlfriend RJ Mahvash meets Preity Zinta | Cricket News

[ad_1] RJ Mahvash and Preity Zinta (Image credit: Instagram) NEW DELHI: Mumbai Indians and Punjab Kings will be eager to give their all in a high-stakes clash for a top-two finish when they meet in their final league-stage fixture of the Indian Premier League here on Monday. With Gujarat Titans, Royal Challengers Bengaluru, MI, and PBKS having secured playoff spots earlier than usual, the remaining league matches will determine the final standings.Currently placed second with 17 points, PBKS risk slipping to third or even fourth with a loss to MI, which would place them in the Eliminator on May 30.Securing a top-two finish appears challenging for PBKS, as they not only need to defeat a formidable MI side but also rely on both GT (18 points) and RCB (17 points) losing their final matches.Having lost their previous game to Delhi […]

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Germany, France, Poland condemn ‘democratic backsliding’ in Georgia | World News

[ad_1] BERLIN: The leaders of Germany, France and Poland on Monday criticised actions by the Georgian government which they said had undermined democratic institutions.In a joint statement marking Georgia's Independence Day, the trio said they "condemn all activities of the Georgian authorities resulting in the democratic backsliding and the attacks against civil society, media and government critics".German Chancellor Friedrich Merz, French President Emmanuel Macron and Polish Prime Minister Donald Tusk said they supported "the democratic and European aspirations of the Georgian people".Georgia has been mired in political crisis marked by mass anti-government protests since an October election.Opposition parties have meanwhile boycotted the current parliament, accusing the ruling Georgian Dream party of rigging the vote.They say the government is copying Russia's authoritarian practices -- an allegation it denies -- and steering Tbilisi away from its EU aspirations.The three leaders on Monday […]

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JEE Advanced 2025 answer key objection window opens: Direct link to raise challenges here

[ad_1] JEE Advanced answer key 2025: The Indian Institute of Technology (IIT) Kanpur has officially opened the objection window for the JEE Advanced 2025 provisional answer key, providing candidates an opportunity to contest any discrepancies in the responses published.The objection process began shortly after the release of the provisional answer keys for both Paper 1 and Paper 2 on the official website — jeeadv.ac.in.The JEE Advanced 2025 examination was conducted on May 18 and serves as the qualifying gateway for admission into undergraduate programmes across the 23 IITs in India. The release of the answer key, followed by the activation of the objection portal, marks a crucial step in the post-exam process that determines the final results.Objection process and deadlineCandidates who wish to challenge any answer listed in the provisional key must do so by May 27, 2025, through the […]

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What’s open and closed on Memorial Day 2025 as Americans gear up for record travel

[ad_1] Memorial Day, which had traditionally been observed on May 30 to honor America’s fallen service members, officially became a federal holiday in 1971 and is now held on the last Monday in May.Over the years, it has also become one of the busiest weekends for retail sales and travel across the United States.Here’s a look at what’s open and closed for Memorial Day 2025:Government servicesAll government offices, including post offices, courts, and public schools, will be closed for the holiday.Banks and financial marketsUS stock markets and most banks will be closed on Monday.FedEx and UPS will not offer regular pickup and delivery services, although some specialized services may still be available, according to an AP report.Retail storesMost major retailers will remain open, many offering Memorial Day sales to attract shoppers. Warehouse club Costco will be closed. Store hours may […]

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Dino Morea Summoned by Mumbai Police in Mithi River Desilting Scam Investigation | Hindi Movie News

[ad_1] Dino Morea has been summoned by the Economic Offences Wing (EOW) of the Mumbai Police in connection with the high-profile Mithi River desilting scam. The case centers around the alleged misappropriation of over ₹65 crore, funds originally earmarked for cleaning and maintaining the Mithi River — a vital drainage artery in Mumbai, particularly significant for managing the city’s monsoon floods. According to investigative reports, the scam involves inflated charges for the rental of dredging and silt-clearing equipment. It is alleged that BMC officials, along with Kadam and Jay Joshi, overbilled the civic body for machinery sourced from Kochi-based Matprop Technical Services Pvt. Ltd. The EOW believes this was carried out in collusion with some Matprop employees and officials from the BMC’s Storm Water Drains (SWD) department. Dino's involvement in the case is currently under scrutiny, with authorities seeking clarity […]

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Worli Aqua Metro Station: Days after inauguration, Worli Aqua Line underground metro station floods as rains batter Mumbai | Mumbai News

[ad_1] NEW DELHI: Just days after its grand inauguration, the Worli underground station on Mumbai’s Aqua Line (Metro Line-3) was left flooded and partially non-operational on Monday morning as torrential rains battered the city, marking a dramatic and early onset of the monsoon.The unexpected flooding forced authorities to curtail metro services, with trains operating only up to Worli instead of the full route to Acharya Atre Chowk. The disruption drew sharp criticism online, as visuals of waterlogged platforms at the brand-new station circulated widely on social media.The deluge — one of the heaviest this season — triggered widespread waterlogging, traffic gridlocks, and railway delays, throwing daily life in the financial capital into chaos. Between 9 and 10 am alone, Nariman Point recorded 104 mm of rain, with several other island city locations reporting similarly intense downpours.Services on Central Railway’s Harbour […]

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