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JLR Cuts FY26 EBIT Margin to 5鈥�7% Amid US Tariff Pressure
Jaguar Land Rover (JLR), the UK鈥慴ased luxury carmaker owned by Tata Motors, has lowered its forecast for fiscal 2026 earnings before interest and taxes (EBIT) to 5鈥�7 per cent, down from a target of 10 per cent, and compared with 8.5 per cent delivered in FY25. The revision is attributed to multiple pressures including anticipated increases in US tariffs on foreign鈥慴uilt vehicles, shifts in product mix, and elevated capital expenditure.JLR also projects near鈥憐ero free cash flow for FY26, signalling a tight financial outlook. The optimism for FY27, however, remains intact, with expectati..

CCI Clears Mahindra Acquisition of SML Isuzu
The Competition Commission of India (CCI) has approved the proposed acquisition of SML Isuzu Limited by Mahindra & Mahindra Limited. The decision gives the green light to Mahindra's expansion in the commercial vehicle sector through this merger.SML Isuzu manufactures and sells commercial vehicles, while Mahindra & Mahindra, a flagship company in the renowned Mahindra Group, operates across a diverse portfolio that includes automotive, farm equipment, financial services, IT, logistics, infrastructure and more. This approval allows Mahindra to integrate SML Isuzu鈥檚 operations into its ..

Dr鈥疛itendra Singh Calls for Tech Push in Northeast
Dr鈥疛itendra Singh, Union Minister of State for Science & Technology, convened a high-level meeting in Wokha district, Nagaland, bringing together northeastern science and technology institutes and key government departments. The aim was to review recent progress and chart future innovation strategies tailored to the region.Dr鈥疭ingh emphasised that scientific advancement must extend beyond India鈥檚 central hubs and penetrate the Northeast, tapping into its untapped potential. He highlighted the area鈥檚 rich biodiversity and identified agriculture, allied sectors, tourism, and film pro..