Holding-company discounts and losses at key unlisted ventures could weigh on Tata Sons' IPO valuation, though its diversified portfolio may still command a premium.
The mother of dismissed police constable Shailesh Patil, accused in a rape case in Bhiwandi, Thane, has publicly sought the death penalty for her son. She alleges he has victimised multiple women and forcibly seized her property, rendering her homeless.
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.
'Listing leads to greater transparency and shareholder oversight.'
'The issue appears to be less about Chandrasekaran personally and more about the direction Tata Sons should take.'
A Chandigarh police head constable, Nitin Singh, was found shot dead in his home. His son, Armaan, who was previously out on bail in a fatal road accident case, has been detained as the prime suspect after an argument.
Tata Trusts, the majority shareholders of Tata Sons, have proposed merging two operating companies, Tata Electronics Systems Solutions Pvt Ltd (TESS) and Tata Consulting Engineers (TCE), with Tata Sons. This restructuring aims to shed Tata Sons' classification as a non-banking financial company (NBFC) and a core investment company (CIC), thereby allowing it to retain its status as an unlisted private company and resolve ongoing disputes regarding its future ownership.
The portfolio could be split between listed and unlisted investments, or structured along sectoral lines.
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.
Former India cricketer Suresh Raina's son, Rio, has started his cricketing journey, with Raina expressing his excitement to relive the game through his son's experiences.
The Shapoorji Pallonji (SP) Group, the second-largest shareholder in Tata Sons, has publicly endorsed a listing of the Tata Group's holding company, aligning with the board's push for greater transparency and public accountability despite opposition from the Tata Trusts.
Police in Kanpur have arrested Subrat Manocha, son of pharmaceutical dealer Vineet Manocha, in connection with his father's murder. The arrest follows allegations by an alleged contract killer, Vishal Gautam, who claimed Subrat hired him for Rs 6 lakh to commit the crime. Investigators are verifying evidence, including call records, as Subrat denies the charges.
The National Testing Agency (NTA) has debarred Aditya Motegaonkar, son of NEET-UG paper leak accused Shivraj Motegaonkar, from the examination for two years and withheld his result, following alleged irregularities in the May 3 exam and a retest.
Tata Motors Passenger Vehicles (TMPV) Managing Director and CEO Shailesh Chandra stated that the ongoing tussle between Tata Sons and Tata Trusts is 'of no concern' to TMPV, as it is an independently listed company focused on its own strategy.
The National Testing Agency (NTA) has debarred Aditya Motegaonkar, son of Shivraj Motegaonkar, an accused in the NEET-UG paper leak case, from appearing in the examination for two years. He is also ineligible for the NEET-UG 2027 exam. The CBI alleges his father paid Rs 5 lakh for chemistry questions, which Aditya reportedly received in coaching classes. Aditya denies any wrongdoing, questioning the withholding of his retest results.
Salman Khan, a 28-year-old farmer's son from Amethi, Uttar Pradesh, has won a historic bronze medal in men's double sculls rowing at the Asian Games in Nagoya. This marks India's first-ever podium finish in this event, bringing pride to his hometown and inspiring young athletes.
A stake sale by Tata Trusts will help it to have a larger corpus that could be used to balance the unequal dividends that flow from Tata Sons on an ongoing basis.
India Under-19 secured a narrow seven-run victory over Australia U-19 in a rain-affected first Youth ODI. Anvay Dravid's explosive late innings and Yashbardhan Chauhan's all-round performance, including a half-century and two wickets, were pivotal. The match also marked the U19 debut of Aaryavir Sehwag, who contributed 28 runs.
This week's OTT releases offer a diverse selection, from Suriya's family drama Vishwanath & Sons and Nikkhil Advani's historical series The Revolutionaries to thrillers like Ghamasaan and international mysteries.
Tata Trusts, the majority shareholder of Tata Sons, has stated its firm opposition to the holding company's public listing, revealing that the Tata Sons board will meet again to explore all available alternatives to listing.
An 18-year-old in Chandigarh has been arrested for allegedly shooting his father, a police head constable, dead. The accused, Armaan, reportedly had an argument with his parents over his immediate desire to marry his girlfriend, a demand they rejected until he turned 21. Armaan was previously out on bail in a case where he was involved in a fatal accident. Police recovered a countrymade pistol and are investigating the source of the weapon.
Michel Arkhangelskiy, whose family fled Russia as political opponents, clinched his first major title at the Asian Games, winning the 50-metre butterfly gold for Bahrain.
Presley Gerber passed away at a rehabilitation facility, with his cause of death currently undetermined as an autopsy is pending.
The Reserve Bank of India (RBI) has rejected Tata Sons' application to surrender its non-banking finance company (NBFC) licence, a decision that mandates a public markets listing for the conglomerate's holding company as it is classified as an upper-layer NBFC.
The investigation into the murder of pharmaceutical trader Vineet Manocha has intensified, with his son Subrat now under police scrutiny. New evidence reveals that the alleged shooter made multiple calls to Subrat from a newly purchased SIM card. While Subrat's wife Shalu and two others are already arrested, police are examining call detail records and financial affairs to uncover Subrat's potential involvement in the conspiracy.
Tata Sons approached the RBI in 2024 seeking de-registration after becoming debt-free, a move that would allow it to remain a privately held, unlisted company. The application has remained pending.
Warren Buffett has stepped down as chairman of Berkshire Hathaway, a role he held for over 50 years, transitioning to chairman emeritus while his son, Howard Buffett, takes over as the new chairman.
Robin Raikkonen, the 11-year-old son of former Formula One world champion Kimi Raikkonen, has been accepted into Red Bull's prestigious driver development programme, aiming to nurture his karting talent towards a potential F1 career.
A Delhi court has remanded the building owner's son, a PG operator, and a contractor in police custody following the collapse of a five-storey structure in Satya Niketan that resulted in seven deaths. The arrests are part of an ongoing investigation into the Sunday incident, with authorities probing the role of alleged illegal constructions.
Chandra's tenure also saw a big jump in Tata Sons' other income, such as brand fee from group companies, treasury gains, and other non-recurring income.
A Thane family is desperately searching for their 28-year-old son, Abhishek Ghone, who went missing in Nepal after flash floods struck during his Kailash Mansarovar pilgrimage. Despite using AI tools to track his location, the family seeks official verification and urges authorities to provide concrete information about his whereabouts.
Sandeep, son of noted art director Anand Sai, has been arrested in Hyderabad following a fatal road accident on August 31. A 31-year-old pedestrian died after being hit by Sandeep's car, which also struck an MPV driver attempting to assist the initial victim. Sandeep, an architect, fled the scene but was later apprehended based on CCTV footage.
Imran Khan's sons, Suleiman and Kasim Khan, alleged in a Sky Sports interview that there is a "blatant" attempt to kill their father in prison, describing his conditions as severely worsened and isolating.
Yash's Toxic continues a fascinating trend in Indian cinema where a single star portrays both father and son, often leading to intense on-screen conflicts.
The RBI once again said the Tata group holding company's application for deregistration as an NBFC remains under examination.
The search for N Chandrasekaran's successor as Tata Sons Chairman has reportedly narrowed to Tata Steel CEO T V Narendran, Tata Sons Executive Director Saurabh Agrawal, and NSE MD & CEO Ashish Chauhan, with Chauhan emerging as a potential 'dark horse' candidate.
Tata Sons Chairman N Chandrasekaran has announced he will not seek reappointment when his current term concludes on February 20, 2027. This decision follows a lack of unanimous board support for his extension, despite recommendations from the majority shareholders, the Sir Dorabji Tata Trust and Sir Ratan Tata Trust. Chandrasekaran cited the need for leadership clarity amidst strategic projects and has requested the board to initiate a succession plan.
A crucial annual general meeting (AGM) of Tata Sons, the primary holding company of the Tata conglomerate, was adjourned due to a lack of quorum, specifically the absence of representatives from the Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT). The SRTT is currently under restrictions from the Maharashtra Charities Commissioner, preventing it from making major decisions or holding meetings, which impacted its ability to participate.
The owner of the building that collapsed in Satya Niketan, Delhi, killing seven people, has been apprehended from Rajasthan's Bhiwadi area. Hariram Gupta was arrested after a massive search operation, having gone into hiding immediately after the incident. Police are continuing their investigation into the circumstances of the collapse and the repair work being carried out.
Researching Japan was like going down a rabbit hole. There is just so much to see and do, but I finally decided we would stick to the 'Golden Route' of Tokyo, Osaka and Kyoto, notes Radhika Mittal.
