Eicher Motors is a leader in the premium motorcycle segment, where it holds market share of over 85 per cent under the Royal Enfield (RE) brand. The company’s joint venture VE Commercial Vehicles (VECV) with Volvo, where it holds 54.5 per cent stake, gives it a strong footing in commercial vehicles (CVs). The company had good results in FY23 and […]

UPDATED with joint statement: SAG-AFTRA and the Alliance of Motion Picture and Television Producers agreed Friday to extend their current film and TV contract until July 12 to allow bargaining on a new deal to continue, both sides said this evening. The current contract had been set to expire tonight at midnight PT, after which it would have likely meant […]

Members of Hollywood’s Teamsters Local 399 have voted overwhelmingly to ratify a pair of contracts with the Association of Independent Commercial Producers, thus averting a threatened strike. Earlier this month, Lindsay Dougherty, the local’s principal officer, threatened to take “a commercial break” if the AICP didn’t offer a fair contract. “If we are provoked,” she said, “we will strike.” The […]

ESPN is letting go of about 20 on-air personalities, including two familiar names to NBA viewers: game analyst Jeff Van Gundy and studio co-host Jalen Rose. Keyshawn Johnson, a former NFL player who had co-hosted ESPN Radio’s national morning show in one of many chapters in a 16-year run on ESPN, is also among those leaving. Also out is Max […]

The UK private sector expanded for the fifth straight month in June albeit at the slowest pace in three months as the upturn in services activity was largely offset by the contracting manufacturing sector, flash survey results from S&P Global showed on Friday. The Chartered Institute of Procurement & Supply flash composite output index dropped to 52.8 in June from […]

Asian shares finished mostly lower, while European shares are trading mostly down.With very few economic announcements on Friday, trading activity might be subdued amid a lack of major U.S. economic data on the day. Early trends on the U.S. Futures Index suggest that Wall Street might open lower on Friday. As of 7.50 am ET, the Dow futures were down […]

The News Inflation across most economies in Europe eased last month but concerns about continuing price increases in sectors like services and food are likely to prompt the European Central Bank to raise interest rates yet again despite slowing growth and the risk of higher unemployment. Consumer prices in the 20 countries that use the euro as their currency rose […]

Insurance companies may soon face goods and services tax (GST) audits as tax authorities plan a “deep dive” into their business practices to check for the possibility of a raft of tax-linked irregularities. Several insurance companies are being probed for wrongly availing of the input tax credit without the underlying supply of goods and services based on fake invoices generated […]

Editor’s note: As part of Deadline’s ongoing coverage of the WGA strike, we want to give voice to below-the-line workers who are also impacted by the work stoppage. This column is written by a Los Angeles-based project manager in post-production. Here’s my biggest frustration: The strike is designed to hurt the studios and bend their arm into meeting the WGA’s terms, […]