British American Tobacco job cuts, outsourcing to hit 20% of staff by year-end

British American Tobacco will cut 5,500 jobs and outsource 3,500 by year end, targeting 600 million pounds in savings as it shifts from cigarettes to smoke free products

British American Tobacco will cut 5,500 jobs and outsource 3,500 by year end, targeting 600 million pounds in savings as it shifts from cigarettes to smoke free products

HAL has recommended a final dividend for FY26 and fixed August 14 as the record date. The announcement comes after the defence major delivered a strong Q4 earnings performance.

Vodafone Idea shares are likely to see flows worth $25 million for 164.3 million shares in the Nifty 200 Momentum 30 index, $5 million or 33.9 million shares in the Nifty 500 Momentum 50 Index.

The brokerage said management outlined its long-term strategy for Zinc International and its Saudi Arabia copper portfolio during the analyst meet.

Tata Capital has displayed disciplined cost control measures via digital initiatives, process improvements and branch-level productivity. As new branches scale and technology matures, its productivity gains are expected to enhance efficiency, Motilal Oswal said.

Manishi Raychaudhuri, Chief Executive Officer of Emmer Capital Partners, highlighted AI spending concerns, higher US interest rates and a stronger dollar as the key factors driving volatility across Asian markets, while stressing the need for more job creation in India.

Tata Motors and Castrol India will pilot a used engine oil collection and recycling programme in Karnataka. The companies aim to build a scalable circular economy model for lubricants through a traceable recycling ecosystem.

Tata Motors said its commercial vehicles business maintained domestic market leadership while reporting record FY26 financial performance. The company also expects its proposed acquisition of IVECO Group to close by Q2 FY27, subject to remaining regulatory approvals.

The proceeds from the fresh issue will primarily be deployed towards expanding the company’s cloud and server infrastructure, funding employee costs for its technology and product development teams, and supporting branding and marketing initiatives. It also plans to utilise part…

Dr. Reddy’s Bachupally unit has two blocks, one is an older block, from which the biosimilar Rituximab was filed, and the other one is for the biosimilar abatacept. Nomura believes that most of the observations are for the new unit…