Venu Srinivasan, a trustee and Tata Sons nominee director, has requested a regulatory inquiry into the governance of the Sir Dorabji Tata Trust, one of the charitable entities controlling 66 per cent of Tata Sons, citing concerns over trustee appointments and the trusts' involvement in commercial affairs.
Corporate governance advisory firm InGovern Research Services has stated in a new report that a documented family arrangement should not be reopened solely due to changes in business valuations, specifically addressing the ongoing succession dispute within the Venu Srinivasan family of the TVS group.
Sir Dorabji Tata Trust has submitted its response to governance complaints filed by two trustees, with the Maharashtra charity commissioner expected to decide the next course of action.
Noel Tata, chairman of Tata Trusts, and his son Neville Tata have filed caveats in Mumbai courts, ensuring they are heard before any orders are passed in a dispute involving Venu Srinivasan and Vijay Singh concerning alleged governance lapses and irregularities at some Tata Trusts.
India's premier education leadership conference, EGN ConnectX India 2026, will be held in Mumbai from November 3. The event will bring together school and university leaders, policymakers, and edtech innovators to discuss the integration of AI in classrooms, future-ready curricula, and skilling initiatives. The conference aims to provide actionable solutions for implementing AI in education, addressing challenges faced by educators.
N Chandrasekaran and Noel Tata are expected to attend the Tata Steel board meeting on November 7 to approve Q2 results and the Tata Sons board meeting in the second half of November.
India trainer Ramji Srinivasan has issued a clear mandate to Hardik Pandya, stating that the all-rounder must regain full fitness and significantly increase his bowling workload to be considered for the 2027 ODI World Cup, following a prolonged absence due to multiple injuries.
A letter sent by the Sir Dorabji Tata Trust to Venu Srinivasan, Tata Trusts vice-chairman and nominee director on Tata Sons, a day before the Tata Sons board meeting on September 17, is at the centre of deliberations.
Tata Trusts Vice-Chairmen Venu Srinivasan and Vijay Singh challenge a proposed reorganisation of Tata Sons, alleging a lack of trustee consultation and raising concerns about its regulatory and financial implications.
Noel Tata, chairman of Tata Trusts, has challenged the resolution to reappoint N Chandrasekaran as the chairman of Tata Sons, citing procedural irregularities and a lack of proper agenda for the September 17 board meeting.
India's largest private-sector lender, HDFC Bank, is undergoing a significant leadership transition with several long-serving executives, including Deputy Managing Director Kaizad Bharucha and outgoing MD & CEO Sashidhar Jagdishan, set to depart, leaving incoming MD & CEO Anup Bagchi to oversee a major overhaul.
The 29th season of the CTR-JK Tyre FMSCI Indian National Car Racing Championship is set to begin this weekend at the Kari Motor Speedway in Coimbatore. The event will feature 17 races across various categories, including LGB Formula 4, Royal Enfield Continental GT Cup, and Novice Cup, with participation from national, international, and women racers.
A 25-year-old undertrial prisoner, Raghavan, escaped from police custody at Coimbatore Central Prison for the second time in 24 hours, and third overall. This incident, following other recent jailbreaks in Tamil Nadu, has triggered a political row, with AIADMK General Secretary Edappadi K Palaniswami criticising the ruling TVK. Authorities have announced a comprehensive security audit and suspended four police personnel for negligence.
Digital authentication services company eMudhra has announced its decision to exit the global SSL/TLS certificate business after a vulnerability was discovered in the security keys issued by its certification authorities, leading to a 20 per cent drop in its shares.
Even as lawyers on both sides study the pros and cons of a court battle, there are unanswered questions: When did Tata Trusts review its resolution of 2025 on backing Chandrasekaran for a third term?How will the shareholders of Tata Sons respond on listing and the leadership issue?
The main culprit behind this cost escalation are rising prices of sugar and milk that go into making the sweets.
Tata Sons has provided Tata Trusts with three legal opinions, including those from former Supreme Court judges BN Srikrishna and UU Lalit, to assert the validity of N Chandrasekaran's reappointment as chairman for another five years, following queries from Tata Trusts regarding the September 17 board meeting resolution.
A new HCLTech study reveals that 84% of global wealth management firms recognise the need to redesign their operating models for AI, yet less than 10% are prepared for the transition. The report identifies "blind spots" in ambition, execution, and strategy, hindering effective AI implementation and measurable business outcomes.
N Chandrasekaran's letter of not seeking a third term was written to Tata Sons directors (including to Noel Tata as a nominee director) and, therefore, Tata Trusts did not have a locus standi on accepting or rejecting that letter.
MS Dhoni's reported bid for a stake in Chennai Super Kings has been denied by the franchise, which said the former captain never approached them about buying a share in the IPL team.
'The issue appears to be less about Chandrasekaran personally and more about the direction Tata Sons should take.'
Reliance Industries Ltd (RIL) has successfully raised a total of Rs 25,000 crore through domestic bond issues in September, including a recent Rs 13,000 crore 10-year bond at 7.90 per cent, as it prioritises funding certainty amidst expectations of a possible RBI rate hike and rising borrowing costs.
A significant boardroom battle has erupted at Tata Sons, India's largest conglomerate, following the board's decision to proceed with a public listing and extend N Chandrasekaran's tenure as executive chairman, moves opposed by Noel Tata, who represents the majority shareholder Tata Trusts.
The Bharatiya Janata Party (BJP) has announced a significant reshuffle of its state in-charges and co-in-charges across all 28 states and eight Union territories, with prominent leaders like Smriti Irani and Ram Madhav assigned to crucial states, as the party gears up for upcoming assembly elections.
Veteran industrialist Venu Srinivasan has resigned from the Bai Hirabai Jamsetji Tata Navsari Charitable Institution, following a challenge to his appointment by a former trustee.
N Chandrasekaran's decision not to seek reappointment when his term as chairman of Tata Sons ends in February 2027 signals a significant shift in leadership amidst an ongoing power struggle and governance disputes within the Tata Group.
'On a plain reading of Article 121, it can be said that the chairman's casting vote can be invoked in either of these cases.'
'It is unfortunate that the Chairman of Tata Sons, a Company renowned for setting high standards of corporate governance, is contending reappointment on such an untenable interpretation of the Articles'.
N Chandrasekaran, chairman of Tata Sons, announced he would not seek reappointment when his term ends in February 2027, following a series of departures by senior figures closely associated with former chairman Ratan Tata, including Vijay Singh and Mehli Mistry, amid a deepening power struggle and governance dispute within the Tata Group.
Sashidhar Jagdishan, the managing director and CEO of HDFC Bank, has announced his decision not to seek reappointment and will retire at the end of his current term on October 26, concluding a six-year tenure marked by significant regulatory and governance challenges, including RBI restrictions, a major merger, and scrutiny over alleged illegal payments.
Six faculty members from IIT Madras have been awarded the prestigious ANRF J C Bose Grant, recognising their outstanding research contributions in engineering and science. The highly competitive grant provides Rs 25 lakh annually for five years to support frontier research.
'The sales pressure on the ground, a board and CEO not fully aligned, and a senior team that isn't pulling together -- that's when these things surface.'
Chandrasekaran's exit is more than a change of chairman. It represents the breakdown of the informal consensus that governed the Tata system under Ratan Tata.
Former editor of Tehelka, Tejpal, was convicted of raping a junior colleague inside a hotel elevator in 2013 during an event organised by the magazine in Goa.
HDFC Bank's board has imposed a monetary penalty of Rs 1 lakh each on its Managing Director and CEO Sashidhar Jagdishan, CFO Srinivasan Vaidyanathan, and Group Head (Retail Assets) Arvind Vohra for divergence from RBI directions in the Maharashtra State Road Development Corporation (MSRDC) case.
Bharatiya Janata Party President Nitin Nabin has made his first significant mark on the BJP's national apparatus with a major organisational reshuffle, bringing back key figures like Smriti Irani and Ram Madhav while removing Nadda-era functionaries, signalling a strategic move ahead of crucial state elections.
The market capitalisation of these 41 companies ranged from Rs 30 crore to around Rs 1.26 trillion, as on August 7.
The Bharatiya Janata Party (BJP) has announced a significant overhaul of its national team under party president Nitin Nabin, introducing numerous new faces and promoting prominent leaders like former Union minister Smriti Irani to general secretary and former RSS functionary Ram Madhav to vice president. The revamp aims to balance youth and experience while preparing for upcoming assembly and general elections.
West Bengal Chief Minister Suvendu Adhikari has announced a fresh investigation into the 2024 rape and murder of a doctor at RG Kar Medical College and Hospital. The decision follows a request from the victim's mother, now a BJP MLA, and includes a separate probe into alleged cremation irregularities. Adhikari criticised previous police handling and vowed to ensure justice, despite a CBI investigation having already led to a conviction.
While the latest trigger for him stepping down could be the uncertainty around his renewal as a director at the AGM, which is otherwise a routine matter, Chandra may have been contemplating quitting for some time now because of the overall turbulence with the principal shareholder on the leadership issue.
