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.
A Delhi court has sentenced three men, Sahil alias Ishmile, Mohit, and Vishal alias Vicky, to six years of rigorous imprisonment and a fine of Rs 10,000 each for the attempted murder of a youth in Badarpur in 2019. The court found them guilty under Section 307 and 34 of the Indian Penal Code, noting their common intention in the stabbing incident where the victim, Mukul, sustained life-threatening injuries.
Former Tehelka editor-in-chief Tarun Tejpal has surrendered before a Goa court to begin serving his 10-year rigorous imprisonment sentence in a 2013 sexual assault case. This follows a Supreme Court directive and his conviction by the Bombay High Court, which overturned his earlier acquittal. Tejpal's appeal against his conviction is slated for a Supreme Court hearing in September 2026.
A Kottayam Vigilance Court has sentenced former Kerala DGP Tomin J Thachankary to four years of rigorous imprisonment and imposed a fine of Rs 30.84 lakh in a disproportionate assets case. This marks the first time a DGP-rank officer in Kerala has been convicted for such an offence, with the court finding him guilty of amassing wealth 135.80 per cent in excess of his known income between 2003 and 2007.
Donald Trump has explicitly acknowledged that the US Constitution's 22nd Amendment prevents him from seeking a third presidential term in 2028, despite expressing a desire to run again and noting strong support from his base.
Conman Sukesh Chandrasekhar has been sentenced to eight years of rigorous imprisonment by a Delhi court for impersonating a Supreme Court judge and attempting to influence a bail proceeding. The court emphasised the need for a deterrent message against manipulating the justice system, especially given the rise of sophisticated impersonation techniques.
'Separate needs from wants and minimise discretionary spending.'
Just in case the AGM, scheduled At the AGM, if it is held, a shareholders' vote on Chandra's renewal as a director on the Tata Sons board is unlikely but not ruled out.
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.
An Indian-origin chief financial officer of a US spinal implant company has been sentenced to a four-month jail term for his role in a scheme to bribe surgeons. Aditya Humad conspired to pay over USD 540,000 in sham consulting fees to surgeons to induce them to use SpineFrontier's products, leading to millions in revenue for the company and undermining healthcare safeguards.
Tata Capital remains confident in its 23-25 per cent growth guidance, driven by strong momentum in Retail and SME segments, despite facing pressures from rising funding costs and potential impacts from new RBI regulations on revolving credit.
An IPO can create excitement, particularly when you see a new issue attracting strong interest from investors. But popularity alone does not make an IPO suitable for every investor. Before you apply, it's crucial to scrutinise the financial performance, risk profile, and valuation of the company. Ultimately, your objective should be choosing a company that aligns with your financial goals.
Virat Kohli has become only the second player after Sachin Tendulkar to complete 15,000 runs in One Day Internationals, achieving the feat in his 303rd innings, significantly faster than Tendulkar's 377 innings.
Congress president Mallikarjun Kharge has called for the immediate removal of Chief Election Commissioner Gyanesh Kumar and demanded Prime Minister Narendra Modi's resignation, citing alleged irregularities in electoral rolls and the poll process. Kharge outlined five key demands for electoral transparency and pledged that the Congress party would protest both on the streets and in Parliament.
Kazakh businessman Timur Turlov has been elected the new president of the world chess governing body FIDE, succeeding Arkady Dvorkovich. Turlov won a closely contested election against German entrepreneurs Wadim Rosenstein and Jan Henric Buettner, securing a four-year term. His victory comes amidst scrutiny over Russian influence and FIDE's financial independence, with Turlov campaigning on expanding digital reach and supporting smaller federations. He also addressed concerns about his ties to the outgoing administration and FIDE's commercial partner, Freedom Holding Corp.
US President Donald Trump has shared a map on Truth Social showing the Strait of Hormuz labelled as "Trump Strait".
Most Indian investors start their investment journey with the wrong question. They ask, "Which fund will give the highest return?" instead of "How do I structure my investments so that I pay less tax, manage risk effectively, and still compound wealth over time?"
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.
India's Chief Economic Advisor V Anantha Nageswaran stated that the country's balance of payments (BoP) pressure is expected to remain a continuous challenge due to rising imports, commodity dependence, high global interest rates, and intense competition for capital.
Industry leaders at an AIMA panel discussion emphasised the need for businesses to quickly adapt to changing market conditions and invest in technologies like artificial intelligence to build resilience and achieve long-term growth. They highlighted the current era of uncertainty driven by geopolitical tensions, supply chain disruptions, and rapid regulatory changes, stressing that tactical responses are as crucial as long-term strategy.
Maharashtra Governor Jishnu Dev Varma has advocated for a bamboo-based economy to drive sustainable development, create rural livelihoods, and offer green alternatives to plastic. Speaking at a summit, he highlighted bamboo's crucial role in climate change mitigation, its potential to empower local communities, and its benefits for farmers.
The US rejected Iran's proposal to reopen the Strait of Hormuz, citing Tehran's demands for sanctions relief and access to frozen assets before nuclear program negotiations. US Ambassador Mike Waltz called the offer a "cynical attempt," while Iranian Foreign Minister Seyyed Abbas Araghchi disputed Waltz's account and reiterated Iran's readiness for both diplomacy and renewed hostilities. President Trump expressed confidence in winning the conflict soon and keeping all options, including military strikes, on the table, with denying Iran a nuclear weapon as the primary objective.
As the sport's popularity spread across the world, it developed its own colourful language/expressions. From clever slang to bizarre nicknames, the game's changing culture has thrown up some rather unusual turn of phrase. Here are 8 of the strangest football terms ever used.
If a bank sold the policy, complain to its grievance cell and, if necessary, escalate the complaint to the Reserve Bank of India Ombudsman.
'We expect the Indian delegation to flag New Delhi's worries and elaborate on its standpoint on the Russia-linked tariff as well as the Section 301 investigation into overcapacity.'
Foreign institutional investors have withdrawn nearly $40 billion from Indian equities in the last two years and, according to Bernstein analysts, have 'little reason' to invest for the long-term, though they may 'return to trade'. The brokerage highlights challenges such as struggling large-caps, disruption from new technologies, and difficulties accessing small- and mid-caps (SMIDs) at an institutional scale.
The removal of Goods and Services Tax (GST) on individual health and life insurance has led to a significant increase in new policy purchases and higher coverage levels, despite an initial surge moderating, according to industry experts.
Experts at a national symposium in Shillong discussed the role of Artificial Intelligence in tourism, emphasising that AI should support human judgment, local knowledge, and cultural values rather than replace them. Discussions highlighted the need for robust policies to address ethical concerns, safeguard livelihoods, and preserve cultural heritage while leveraging AI for innovation and sustainability in the tourism sector, particularly in Meghalaya.
Pakistan head coach Mike Hesson acknowledges India as the benchmark in white-ball cricket but expresses confidence in his team's ability to challenge them at the Asian Games. He also defended Pakistan's T20 performance, highlighting their improved ranking and series wins, while downplaying captaincy speculation for Sahibzada Farhan.
The Supreme Court has issued notices regarding Tarun Tejpal's sentencing in a 2013 rape case, responding to both his petition against a 10-year prison term and the Goa government's plea for an enhanced sentence.
The Insurance Regulatory and Development Authority of India (Irdai) has proposed a phased reduction in the expenses of management (EoM) limits for insurers, aiming to lower the overall cost of insurance and enhance returns for policyholders. The proposals also include a new framework for commissions, stricter measures against mis-selling, and mandatory cost audits.
Notorious gangster Mainpal Dhilla, currently jailed, was granted 12-hour custody parole to marry his Cambodian partner, Meta Chan, in Jhajjar. Dhilla had met Chan in Cambodia after fleeing India in 2018 using a fake identity, where they had children. He was extradited last year after an international operation involving CBI and Interpol.
Former Pakistan fast bowler Shoaib Akhtar is being considered for a significant role within the Pakistan Cricket Board (PCB) as the board plans a major overhaul of its cricket think tank following a dismal tour of England.
Pakistan volleyball captain Murad Jehan expressed frustration over logistical mismanagement at the Aichi-Nagoya Asian Games after his team was taken to the wrong venue, leaving them short on warm-up time and forcing players to change on the bus.
Institutional portion subscribed 12.68 times; retail crosses quota.
'You can't have a runaway board that takes decisions against the active disagreement of the 66 per cent shareholder.'
'You can't have a runaway board that takes decisions against the active disagreement of the 66 per cent shareholder.'
The Election Commission has announced that elections for 12 Rajya Sabha seats across Uttar Pradesh, Uttarakhand, and West Bengal will take place on October 16. This includes 10 seats from Uttar Pradesh, one from Uttarakhand, and a bypoll in West Bengal, with significant implications for party representation, particularly for the BJP and BSP.
The Election Commission has announced elections for 12 Rajya Sabha seats across Uttar Pradesh, Uttarakhand, and West Bengal on October 16. The BJP is expected to retain eight seats in UP and gain one in West Bengal, increasing its overall strength. The Samajwadi Party is also likely to gain one seat in UP, while Mayawati's BSP faces the prospect of losing its representation in Parliament.
JD(U) MLA Anant Kumar Singh has publicly declared his intention to support and campaign for Jan Suraaj Party candidate Anuj Singh against his own party's MLC, Neeraj Kumar, in the upcoming Bihar legislative council polls. Singh cited personal scores and past conspiracies involving Neeraj Kumar and RCP Singh as reasons for his rebellion.
