TazaPulse

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Stellantis stock under pressure as automaker tries to woo Wall Street

TazaPulseMay 20, 2026

Stellantis CEO Antonio Filosa speaks during an event in Turin, Italy, Nov. 25, 2025. Daniele Mascolo | Reuters DETROIT — Stellantis CEO Antonio Filosa has said leading the transatlantic automaker is a dream come true, but the company’s stock has been anything but that for investors under his short tenure thus far. Stellantis stock is...

CAG develops sovereign LLM platform to detect procurement risks and improve public audits

TazaPulseMay 20, 2026

The Comptroller and Auditor General (CAG) is developing a large language model (LLM) platform and deploying artificial intelligence (AI) and machine learning (ML) tools to strengthen public sector auditing, improve risk detection and enable faster identification of procurement concentration and cartel-risk indicators, PTI reported.Comptroller and Auditor General K Sanjay Murthy on Wednesday said the country’s...

Democrats make demands of USTR ahead of USMCA review

TazaPulseMay 20, 2026

Senator Tammy Baldwin and US trade representative, Jamieson Greer. Al Drago | Graeme Sloan | Bloomberg | Getty Images A group of Democratic senators will issue a set of demands to U.S. Trade Representative Jamieson Greer ahead of a mandatory joint review of the U.S.-Mexico-Canada Agreement this summer. In a letter led by Sen. Tammy...

Advent picks up minority stake in Iscon Balaji Foods in a $150 mn deal

TazaPulseMay 20, 2026

MUMBAI: Private equity (PE) investor Advent has bought a minority stake in Gujarat’s Iscon Balaji Foods (IBF) in a $150 million deal, the companies said in a joint statement on Tuesday, without sharing specifics of the transaction. The investment is part of a broader $215 million fundraise by IBF which has also been backed by...

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Iran to extend conflict ‘beyond the region’ if U.S. and Israel attack

TazaPulseMay 20, 2026

Motorists drive vehicles near a large political banner, depicting missiles being fired behind Iranian demonstrators in solidarity with the government, at Valiasr Square in Tehran on April 6, 2026. Atta Kenare | Afp | Getty Images Iran’s paramilitary Revolutionary Guard on Wednesday issued a strongly worded statement threatening to extend the Middle East conflict “beyond...

India plans to send oil tankers through Strait of Hormuz for new supply amid Iran conflict disruptions

TazaPulseMay 20, 2026

NEW DELHI: India is preparing to send ships through the strategically vital Strait of Hormuz to secure crude oil and energy cargoes from Middle Eastern suppliers as disruptions caused by the Iran war continue to strain global energy markets, according to a Bloomberg report citing people familiar with the matter.The report said the plans have...

RBI to align bank disclosure norms with global standards

TazaPulseMay 20, 2026

MUMBAI: RBI’s new disclosure norms will put unlisted banks at par with listed peers, standardise reporting formats and units, and make global comparisons of Indian lenders much easier by mandating uniform, template-driven disclosures.The new norms prescribe globally aligned reporting architecture that mirrors Basel standards, addressing the third of the three pillars of the globally accepted...

PM Modi, Donald Trump may come face-to-face at G7 Summit in France next month

TazaPulseMay 20, 2026

NEW DELHI: Prime Minister Narendra Modi and US President Donald Trump are expected to come face-to-face in France next month at the G7 Summit.The White House told news agency AFP that Trump will travel to France despite tensions between Washington and its allies over a host of issues ranging from Iran to tariffs.The summit, scheduled...

2026 Tata Tiago launch soon, likely on May 28: Here’s what to expect

TazaPulseMay 20, 2026

Tata Motors is gearing up to launch the updated 2026 Tiago in India, with the hatchback likely to make its debut on May 28. The company has already shared a “Block Your Date” teaser for an upcoming launch, signalling towards the facelifted Tiago being the first among a series of refreshed Tata models planned for...

Insolvency resolution drops to 13-quarter low

TazaPulseMay 20, 2026

NEW DELHI: Corporate insolvency resolutions dropped to a 13-quarter low of 36 cases being resolved by the National Company Law Tribunal (NCLT) during Jan-March 2026, compared with 70 a year ago, with just eight plans approved in Feb and seven in March. This was the worst March quarter for the resolution process since Jan-March 2022...