In essence, Tata Sons will continue to be a CIC, whether registered or unregistered. It will have to follow the 90:60 principle.
If it qualifies as belonging to the upper layer, public listing will be one of the regulatory requirements. However, if it qualifies as 'unregistered CIC', it will escape from prudential regulation, explains Tamal Bandyopadhyay.
A struggling Indian team, led by Shreyas Iyer, is desperate to secure a consolation victory against England in the fifth T20 International in Southampton to avoid a humiliating 0-4 series whitewash.
Tax treatment depends on the activity and manner of earning income.
The Kerala high court has ruled that elected local body representatives must take their oath strictly as prescribed by law, invalidating oaths that included names beyond "God" or solemn affirmation. The court directed affected councillors to retake their oaths within four weeks, clarifying that while their elections remain valid, actions by a panchayat member whose oath was invalid are also invalid.
BJP rebel Gokul Gite secured a surprising victory in Maharashtra legislative council's Nashik district local governing body constituency, defeating the ruling Shiv Sena nominee Narendra Darade by 109 votes, despite senior Mahayuti leaders' attempts to resolve his independent candidature.
The Badrinath-Kedarnath Temple Committee (BKTC) has launched an inquiry into allegations of embezzlement of offerings at Badrinath Dham, following similar claims regarding Ram temple donations. The committee president has vowed strict action if irregularities are proven, while the CEO outlined the investigation process.
South Korea's World Cup group-stage exit has sparked a nationwide football crisis, with coach Hong Myung-bo resigning, President Lee Jae Myung ordering an investigation, and growing calls for sweeping reforms within the Korea Football Association.
A World Cup game between Paraguay and France in Philadelphia is at risk due to extreme heat and humidity, linked to climate change and fossil fuel use. A heat dome over the U.S. and Canada has pushed temperatures beyond safe play recommendations, raising concerns about player safety and future tournament scheduling.
Former Wimbledon champion Marketa Vondrousova has been banned for four years after missing a doping test, leading the Professional Tennis Players Association (PTPA) to demand a greater say for athletes in anti-doping regulations. Vondrousova cited safety concerns for not opening her door to a doping control officer late at night, while the International Tennis Integrity Agency (ITIA) maintains that unpredictable testing is crucial for clean sport.
Alexis MacAllister has puts Argentina ahead in the10th minute.
India's compound archers, under new coach Dave Cousins, have shown a significant turnaround at the Archery World Cup Stage 4 in Madrid. The women's team has advanced to the gold medal match, while the men's team narrowly missed out on a bronze. This performance marks a strong return to form after a challenging season.
A suspended employee of the Shri Badrinath-Kedarnath Temple Committee has been booked for alleged irregularities in handling donations at the Badrinath temple. Chief Minister Pushkar Singh Dhami condemned the act, calling it a "sin akin to cow slaughter," while a high-level government inquiry committee has been formed to investigate the matter. The Congress party has also demanded a judicial probe.
Chief Economic Adviser V Anantha Nageswaran has urged the industry to invest in skilling, capability development, and innovation to counter the challenges posed by artificial intelligence, particularly for Global Capability Centres (GCCs). He noted that while the government has supported GCCs through Budget measures like simplifying transfer pricing and promoting expansion into tier-II/III cities, industry must move beyond low-cost execution to thrive in an an AI-driven landscape. Nageswaran emphasised that AI displaces routine tasks, necessitating a focus on higher-value work and continuous skill enhancement to maintain India's competitive edge.
There are strong possibilities of some Union ministers being sent to take organisational roles in the BJP and party office-bearers being inducted into the Modi ministry.
'May our Heavenly Father guide your paths and grant you lots of health so you can play more and more.'
Coco Gauff is showing strong form ahead of the French Open, presenting her with a significant opportunity to secure another Grand Slam title.
India's IT Ministry has issued notices to Telegram and Signal, following a similar action against WhatsApp, questioning their username features due to concerns over increased online fraud, phishing, and impersonation. The government is seeking explanations on how these platforms address such risks, with one homegrown app already disabling the feature.
India head coach Amol Muzumdar is baffled that it has taken this long to stage a women's Test at Lord's, 142 years after the 'Home of Cricket' hosted a men's Test.
Star Indian table tennis player Manika Batra has accused the Table Tennis Federation of India (TTFI) of violating its own Constitution during the selection of the Asian Games squad, where she was named a reserve. Batra claims a nine-member committee, exceeding the constitutional limit, finalised the team, leading to her "mental exhaustion" from the ongoing fight.
In one of the biggest upsets ever seen at the World Cup, Paraguay goalkeeper Orlando Gill saved the efforts of Kai Havertz and Nick Woltemade before Jonathan Tah fired over the bar, paving the way for Jose Canale to blast home the decisive spot kick.
Switzerland beat Colombia 4-3 on penalties after the teams were locked goalless at the end of extra-time in the Round of 16 match to enter the World Cup quarter-finals at BC Place, Vancouver, on Tuesday.
The Allahabad High Court has ruled that Muslim personal law, which recognises puberty as the age of marriage, cannot override the Prohibition of Child Marriage Act (PCMA) and the Prevention of Children from Sexual Offences (POCSO) Act, which criminalise sexual relations with a child.
The Allahabad High Court has ruled that the Places of Worship (Special Provisions) Act, 1991, prohibits only the conversion of religious character but does not prevent the state from acquiring such properties for secular and public purposes. This observation came while dismissing a petition challenging the widening and beautification of the Dalmandi area in Varanasi for the Shri Kashi Vishwanath Dham corridor, which involved the proposed demolition of six ancient mosques.
Tamil Nadu Chief Minister C Joseph Vijay has criticised the DMK for allegedly trying to gain 'political mileage' from the 2025 Karur stampede that killed 41 people, and also faulted the police for failing to alert him about the swelling crowd or cancelling the event.
Iran has extended an invitation to Congress president Mallikarjun Kharge and other party leaders, including Salman Khurshid and Pawan Khera, to attend the burial ceremonies of its late supreme leader Ayatollah Ali Khamenei. The ceremonies are scheduled from July 5 to 9 across various Iranian cities. India will also be represented by Minister of State for External Affairs Pabitra Margherita and Bihar Governor Ata Hasnain.
Indian all-rounder Nitish Reddy has been ruled out of the upcoming white ball tour of the UK due to a quadriceps injury sustained during the recent ODI series against Afghanistan. He will require a minimum of four weeks for rehabilitation.
One of the most important provisions this year is that qualifying NEET-PG does not automatically guarantee participation in counselling.
Rebel Shiv Sena-Uddhav Balasaheb Thackeray MP Omprakash Rajenimbalkar has justified his crossover to the ruling Shiv Sena, saying if the people are gravitating towards power, he is merely following the trend.
The Indian government is reportedly developing new proposals to increase Lok Sabha seats by 50 per cent across all states. This initiative aims to address concerns from southern states regarding potential political power reduction due to population-based delimitation, while also facilitating the operationalisation of the women's quota law before the 2029 Lok Sabha elections.
The Maharashtra government has announced a ban on the sale of 'Sting' energy drink and other intoxicating substances within a 500-metre radius of schools. This decision comes amidst concerns about the health impact of such beverages on schoolchildren, with the Food and Drug Administration directed to enforce the new restriction and schools urged to conduct awareness programmes.
The Indian government has sought explanations from WhatsApp, Telegram, and Signal regarding their username features, citing serious concerns about potential impersonation and cybercrime. IT Secretary S Krishnan highlighted the risks, leading to notices being served to these platforms, with WhatsApp specifically asked to pause its rollout of the feature.
At The Odyssey's Mumbai press conference with Christopher Nolan and the cast.
Teenage shooter Anvii Rathord won a bronze medal in the women's 10m air rifle at the ISSF Junior World Championship in Suhl, Germany. However, India's campaign was marred by a team disqualification due to a breach of equipment stiffness standards by Shambhavi Shravan Kshirsagar. Despite this setback, India continues to lead the medal tally. The championship also saw another Indian shooter, Vanshika Chaudhary, miss a potential gold due to a costly error.
Newly-appointed Uttar Pradesh Congress in-charge Rajendra Pal Gautam on Wednesday hinted at an equal seat-sharing arrangement with the Samajwadi Party for the 2027 Uttar Pradesh assembly elections.
Fugitive diamond merchant Nirav Modi has been ordered by a UK High Court to pay Bank of India over USD 11.5 million, including accruing interest, for a personal loan guarantee related to his Dubai-incorporated firm, Firestar Diamond FZE.
CAT and MBA expert and rediffGURU Patrick D'Souza explains how a simple daily reading habit can help aspirants clinch 99 percentile in the Common Admission Test this year.
Pakistan and Qatar have successfully mediated separate meetings between US and Iranian negotiators in Doha, reporting positive progress on a Memorandum of Understanding aimed at West Asian peace. Further discussions are planned after the funeral of former Iranian Supreme Leader Ayatollah Ali Khamenei.
Lenin packs enough intriguing twists to hook you, but eventually buries them beneath an all-too-familiar revenge saga.
The Badrinath-Kedarnath Temple Committee has formed a four-member panel to investigate alleged irregularities in pilgrims' offerings and donations at Badrinath Dham. The allegations, which went viral on social media, have sparked political controversy in Uttarakhand, with the Congress demanding strict action. The inquiry will examine CCTV footage and statements, with a report due in seven days.
A football commentator has been stripped of his World Cup credentials by FIFA after an expletive-laden tirade against the organisation and match officials during Paraguay's 1-0 victory over Turkey when Miguel Almiron was sent off.
