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JLR CEO Ralf Speth to retire Sept; remain on Tata Sons board: Tata Motors
Posted on 30th January 2020
Tata Motors on Thursday announced the retirement of Ralf Speth as Executive Director and Chief Executive Officer of Jaguar Land Rover (JLR) at the end of his contract term in September.

Speth will maintain his relationship with the Tata Motors-owned firm by taking up the role of non-executive vice chairman, N Chandrasekaran, Chairman of Tata Sons, Tata Motors and Jaguar Land Rover, said in a regulatory filing.

Speth will also remain on the board of Tata Sons, he added.

"Professor Sir Ralf Speth has decided to retire from his current role as Executive Director and Chief Executive Officer of JLR at the end of his contract term in September 2020," as per the filing.

"I want to thank Ralf for his passion and commitment over the last 10 years. Ralf developed Jaguar Land Rover from a niche UK centric manufacturer to a respected, technological leading, global premium company," Chandrasekaran said.

"A search committee has been formed which will work with me to identify a suitable successor in the coming months," he said.

"Personally, I am looking forward to new and exciting challenges," Speth said.

The shares of Tata Motors were trading at Rs 189.00 apiece on BSE, up 0.51 per cent from the previous close.
Related Companies: Tata Motors   

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United Airlines sending layoff notices to nearly half of its US employees
Posted on 9th July 2020
United Airlines will send layoff warnings to 36,000 employees - nearly half its US staff - in the clearest signal yet of how deeply the virus outbreak is hurting the airline industry.

The outlook for a recovery in air travel has dimmed in just the past two weeks, as infection rates rise in much of the US and some states imposed new quarantine requirements.

Veteran actor and Jaaved Jaaferi's father Jagdeep passes away at 81
Posted on 9th July 2020
Veteran actor Syed Ishtiaq Ahmed Jafri, popularly known by his stage name Jagdeep, passed away at the age of 81 on Wednesday.

He is survived by his two sons Jaaved Jaaferi and Naved Jafri.

In his career of more than six decades, Jagdeep acted in over 400 films and was a part of several hit Hindi films including 1975 blockbuster Sholay in which he played the character of Soorma Bhopali.

Gold price today at Rs 48,700 per 10 gm, silver climbs to Rs 50,000 a kg
Posted on 9th July 2020
Gold prices on Thursday jumped to Rs 48,700 from Rs 48,450 per 10 gram, while silver climbed to Rs 50,020 from Rs 49,200 per kilogram, according to Good Returns website.

Gold jewellery prices vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.

IRB Infra Developers hits 52-week high; stock zooms 84% in one month
Posted on 9th July 2020
Shares of IRB Infrastructure Developers gained 3 per cent and hit a 52-week high of Rs 121.50 on the BSE on Thursday on expectations that earnings may improve going forward as road traffic reaches over 80 per cent of pre-Covid level.

The stock of the company, which is the largest private roads and highways infrastructure developer in India, has surpassed its previous 52-week high of Rs 119.70 touched on January 21, 2020.

Breaking: UP Gangster Vikas Dubey nabbed from Madhya Pradesh's Ujjain
Posted on 9th July 2020
After days of intensified manhunt, the Uttar Pradesh Police has managed to nab gangster Vikas Dubey, news agency ANI quoted sources as saying.

It is being said that he was nabbed from Madhya Pradesh's Ujjain on Thursday where he had gone to offer prayers at the Mahakaal temple. He was detained by the guard.

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