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Business news live: Guinness maker appoints new CEO and the job AI threatens most

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Business news live: Guinness maker appoints new CEO and the job AI threatens most



The job type which is most threatened by AI for 2026

Here’s one nobody wants, but maybe need to know: Research has suggested the job types or roles that are set to be most affected by AI next year.

The Chartered Institute of Personnel and Development (CIPD) conducted research which shows one in six employers believing AI will mean a reduction workforce headcount in 2026 (fewer jobs, in other words).

And among those, a massive 62 per cent – nearly two-thirds – believe the jobs most at risk are those in clerical or administration roles.

Managers or senior staff (28per cent) are next in line, with sales or service staff (27 per cent) not far behind.

“Junior roles stand to be most affected by AI, but we need a national drive to retrain and upskill people of all ages and career stages,” said James Cockett, a senior economist at the CIPD.

Karl Matchett10 November 2025 09:00

Diageo shares surge 7% on CEO news

Investors look to have reacted positively to that appointment by Diageo – shares are up 7 per cent this morning.

That makes the firm the highest riser on the FTSE 100.

“The announcement is clearly being seen as a potential inflection point for the group given the new hire’s proven ability in brand building,” pointed out interactive investor’s Richard Hunter.

Karl Matchett10 November 2025 08:50

Co-op to open or refurbish dozens of stores

The Co-op has said it is pushing forward with a number of new stores and major refurbishments as it bounces back from a damaging cyber attack.

The retailer said 50 stores will be opened or re-opened by Christmas as it urged the Government to reform business rates ahead of the autumn Budget.

It said reforms will be “vital” to encourage further high street investment as it continues with its own expansion ambitions.

The latest slew of openings will take the Co-op’s store openings and refurbishments to more than 200 sites for the latest financial year.

Karl Matchett10 November 2025 08:40

FTSE 100 rises as investors return to stock markets

Looking like the end of the US shutdown is boosting stock markets across the board.

The FTSE 100 has opened more than 0.6 per cent up, with the FTSE 250 up a similar amount in (very) early trading.

France and Germany also see the major index in each up by more than 1 per cent.

Investors are returning in their droves this morning it appears – we’ll see how long it lasts.

Karl Matchett10 November 2025 08:25

Diageo’s new CEO: Former Tesco chief to start in January

We start with the news one of the big hitters from the FTSE 100 has finally named a new chief executive.

Diageo, the maker of Guinness, Johnnie Walker whisky and Ciroc vodka, has seen its share price drop almost a third, 32 per cent, year to date and last week issued a profit warning.

Sir Dave Lewis is the new CEO, a former leader of Tesco for six years who also spent decades at Unilever. He has been chair at Haleon, but will step down from that role to start at Diageo on 1 January 2026.

Previous chief executive Debra Crew stepped down in July and the drinks maker has been criticised by some investors for being slow in finding a replacement.

“Lewis brings deep experience in consumer brands from his time leading Tesco and decades at Unilever, though he lacks direct exposure to the spirits industry. Investors may welcome his strong marketing pedigree, but any major strategic reset will take time, leaving near-term focus on navigating tough trading conditions,” said Matt Britzman, a senior equity analyst at Hargreaves Lansdown.

Karl Matchett10 November 2025 08:16

Business and Money – live: 10 November

Morning all – another week starts, another bunch of people fearing that the Budget is going to leave them worse off.

We’ll bring you the latest money matters around what the chancellor might or might not do, how you can continue to look after your own household finances and where the best places are for your savings to be right now.

As ever, we’ll also have the top business news, stock market movements and more.

Karl Matchett10 November 2025 08:01



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Tata Sierra 2025: Check Expected Price, Key Features And Stylish Design

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Tata Sierra 2025: Check Expected Price, Key Features And Stylish Design


Tata Sierra 2025: Tata Motors is all set to reintroduce its iconic SUV, the Tata Sierra, in 2025. The upcoming model brings back the beloved design of the original Sierra while adding a host of modern features, advanced technology, and multiple powertrain options, including electric. According to rumours, the SUV is expected to be priced between Rs 12 lakh to 25 lakh (ex-showroom).

Classic Design With a Modern Touch

The Tata Sierra 2025 comes with the classic boxy silhouette that made the original model a fan favourite. One of its most distinctive features, the “infinite window” design, also makes a comeback, preserving the SUV’s signature look. Tata has enhanced this retro design with modern styling elements such as LED light bars, flush door handles, and blackened C and D pillars, which give the Sierra a sleek appearance.

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The blend of old-school charm and new-age detailing has generated strong excitement among SUV enthusiasts. With this launch, Tata aims to recreate the original Sierra while appealing to modern buyers seeking style and innovation.

Advanced and Tech-Focused Interior

The Tata Sierra 2025 features a high-tech triple-screen dashboard setup, consisting of a digital driver display, a central infotainment screen, and an additional screen for the co-driver. This setup offers easy access to key driving and entertainment functions.

The cabin will also feature Level 2 ADAS (Advanced Driver Assistance System), offering safety technologies such as a 360-degree camera, lane-keep assist, and dual-zone climate control. These features are designed to improve safety and convenience. 

(Also Read: Oppo Reno 15 Series Set To Launch In China On Nov 17: Expected Models, Specs, Features)

Focus on Comfort and Luxury

Tata Motors is giving special attention to comfort in the Sierra 2025. The SUV will include features like a panoramic sunroof, ventilated seats, and connected car technology, enhancing both comfort and convenience. With these additions, the Sierra aims to deliver a premium driving experience comparable to higher-end SUVs in its segment.

The Sierra will also come equipped with seven airbags, a 360-degree camera, and additional driver-assistance features, ensuring maximum safety for passengers. 

Multiple Engine Options

The upcoming Sierra will be available with petrol, diesel, and fully electric variants, offering buyers flexibility based on their preferences and driving needs. 

Competition and Market Position

Once launched, the Tata Sierra 2025 will compete with SUVs such as the Hyundai Creta and Kia Seltos. While pricing is expected to be similar to these rivals, the Sierra’s latest design, advanced tech features, and the availability of an electric option are expected to set it apart in the crowded SUV market.



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Sensex, Nifty Snap 3-Day Losing Streak Amid Buying In IT, Auto Heavyweights

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Sensex, Nifty Snap 3-Day Losing Streak Amid Buying In IT, Auto Heavyweights


Mumbai: The domestic equity indices closed higher on Monday, snapping a three-day losing streak amid buying in IT, auto and selected banking stocks, along with optimism around the potential resolution of the US government shutdown. 

Sensex ended the session at 83,535.35, up 319 points or 0.38 per cent. The 30-share index started the session flat at 83,198.20 against last session’s closing of 83,216.28. However, the index rallied around 500 points to hit an intra-day high of 83,754.49 amid heavy buying in tech and automobile heavyweights.

Nifty closed at 25,574.35, up 82 points or 0.32 per cent.

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“The potential resolution of the US government shutdown, coupled with renewed FIIs buying driven by a favourable Q2 earnings season, supported a positive sentiment in the market. The rise in the U.S. 10-year Treasury yield reflects improving risk sentiment toward equities with the reopening of the federal government,” said Vinod Nair, Head of Research, Geojit Investments Limited.

Domestically, strengthening macroeconomic indicators are expected to underpin upward revisions in earnings estimates for H2 FY26, he added.

Infosys, HCL Tech, Asian Paint, Tata Motors Passenger Vehicle, TCS, Bharti Airtel, Titan, L&T, Tech Mahindra and Maruti Suzuki were the top gainers from the Sensex basket. Trent, Eternal, PowerGrid, Ultratech Cement, Mahindra and Mahindra and Axis Bank ended the session in negative territory.

The majority of sectoral indices ended the session green amid value buying. Nifty IT rose 570 points or 1.62 per cent, Nifty Auto increased 80 points or 0.30 per cent, Nifty Fin Services jumped 66 points or 0.24 per cent, and Nifty Bank ended the session 60 points up or 0.10 per cent. Nifty FMCG closed in negative territory.

Broader indices followed suit as well. Nifty Midcap 100 escalated 281 points or 0.47 per cent, Nifty Small Cap 100 rose 62 points or 0.35 per cent, and Nifty 100 jumped 86 points or 0.33 per cent.

Rupee traded flat near 88.66, as weakness in the dollar index was offset by continued FII selling, resulting in a muted session for the currency.

“The RBI’s likely intervention near the 88.75–88.90 zones helped cap further downside, keeping rupee movement within a narrow range. Market participants now await key CPI data releases from both the U.S. and India this week, which are expected to guide short-term direction. The rupee is likely to remain in a small but volatile band, with the trading range seen between 88.45–88.90,” said Jateen Trivedi of LKP Securities.



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Deadline Announced For Filing TDS/TCS Correction Statements — File On Time To Avoid Missing Credit In Form 26AS Or AIS

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Deadline Announced For Filing TDS/TCS Correction Statements — File On Time To Avoid Missing Credit In Form 26AS Or AIS


New Delhi: The Income Tax Department has announced the deadline for filing TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) correction statements for the financial year 2024–25. Taxpayers and deductors are advised to file correction statements promptly to ensure that tax credits are properly reflected in their Form 26AS and Annual Information Statement (AIS).

The Central Board of Direct Taxes (CBDT) has urged all deductors to verify the accuracy of their TDS and TCS filings before the due date. Errors in these statements — such as incorrect PAN details, mismatched challan information, or inaccurate deduction entries — can lead to tax credit mismatches for taxpayers at the time of filing their Income Tax Returns (ITR).

The correction process allows deductors to amend any errors or omissions in the original TDS/TCS statement submitted via the TRACES (TDS Reconciliation Analysis and Correction Enabling System) portal. Timely filing of correction requests ensures that the corrected data is updated in the taxpayer’s Form 26AS and AIS, avoiding delays or discrepancies during tax filing.

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Failure to submit the correction statement within the prescribed timeline may result in the taxpayer not receiving proper credit for taxes deducted or collected on their behalf. This could also trigger notices or mismatches while processing the ITR.

Taxpayers can check the status of their TDS/TCS credits on the Income Tax e-filing portal or through TRACES. The government continues to emphasize the importance of timely compliance to maintain transparency and accuracy in tax reporting.

 

 



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