Tata Trusts has unanimously reappointed Venu Srinivasan as a trustee for life, and all eyes are now on the upcoming decision regarding Mehli Mistry's renewal, amid reported internal divisions within the organisation. The reappointment of Srinivasan this week, ahead of his term expiring on October 23, comes amid reports of a vertical split within Tata Trusts - with one faction said to align with Noel Tata, who took over as chairman following Ratan Tata's death, and the other comprising those seen as loyalists of the former doyen.
'It is not looking at valuation, but investment, growth and ultimately better profit for stakeholders.'
'Reinvention is not a hugely difficult task. With technology as available today, you can reinvent yourself pretty quickly.'
After withdrawing money on a net basis for the past three months, foreign portfolio investors (FPIs) have turned buyers with a Rs 6,480 crore investment in October so far, driven by strong macroeconomic factors.
Private-sector lender Federal Bank on Friday announced that New York-based Blackstone will invest Rs 6,196.51 crore in the bank through its affiliate Asia II Topco XIII Pte Ltd via a preferential issue on a private placement basis.
'I wanted to go for the heart, and at the same time, open the audience's mind.'
Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year as the impact of US tariffs on Indian exports will reduce prospects, particularly in the second half, ADB said on Tuesday.
Equity market investors would track global trends, foreign fund movement and quarterly earnings in a holiday-shortened week ahead, analysts said. Stock exchanges BSE and NSE will conduct a special Muhurat trading session on Tuesday, October 21.
'This is an area where good lending can happen, and that is one of the priorities for the next quarter.'
'I will not be surprised if there is a 7 per cent handle in front of the decimal place for the full financial year.'
'The government is putting insurance in the same category as food, which is essential for life.' 'Now this is an opportunity for the sector to focus on the consumer.'
Tata Trusts chairman Noel Tata and two other powerful trustees considered close to him blocked the reappointment of late Ratan Tata's close associate and businessman Mehli Mistry as trustee, deepening the rift at the philanthropic arm that controls the holding company of Tata Group, people familiar with the matter said.
'Allocating 5 to 10 per cent of one's portfolio and staying disciplined through market cycles helps in having a positive investment experience.'
A court in Antwerp on Friday cleared the extradition of fugitive diamantaire Mehul Choksi, noting that his arrest by the Belgian authorities on India's request was valid, officials in the know of the development said.
Transporting cattle within the state does not constitute a crime, the Lucknow bench of Allahabad high court has said.
Asserting that democracy is an 'alien' concept for Pakistan, India has called upon Islamabad to end grave human rights violations in territories under its illegal occupation, where the population is in 'open revolt' against military occupation, repression, brutality and exploitation.
Opening up the corner office is fine, but will the government be able to attract talent without giving a market-rate salary?, asks Tamal Bandyopadhyay.
'Do exhaustive research and then select the one that best fits your budget and requirements.'
The Lokpal, India's anti-corruption ombudsman, has issued a tender for the procurement of seven BMW 3 Series 330Li cars, estimated to cost around Rs 5 crore.
AIFF's RFP: No franchisee fee for clubs in ISL, commercial partner to provide video support system
The Supreme Court has taken serious note of the digital arrest of a senior citizen couple in Haryana based on forged orders, highlighting the rising number of such cases and seeking responses from the Centre and CBI.
The Supreme Court is considering entrusting the CBI with the investigation into digital arrest cases, citing the magnitude and pan-India spread of such crimes. The court has sought details of FIRs registered in different states and union territories and is monitoring the progress of the investigation.
EMI means you've already spent tomorrow's income; SIP means you're investing today's income to secure tomorrow, explains Ramalingam Kalirajan
An elderly Dalit man was allegedly forced to lick the ground near a temple on the outskirts of Lucknow after being accused of urinating there. The accused has been arrested, and the incident has sparked political outrage.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
If women voters are mobilised in big numbers to the voting booths on November 6 and 11 by the Nitish Kumar-led NDA, then it will be quite difficult for the Tejashwi Yadav-led Mahagathbandhan to defeat the incumbent government, points out Sheela Bhatt.
Fast-moving consumer goods (FMCG) companies are expected to report mid-single-digit revenue growth in the July-September 2025-26 quarter, according to their quarterly updates. Most companies also noted that supply chains were focused on liquidating existing stock ahead of the implementation of new goods and services tax (GST) rates in categories where the tax was lowered.
Those who have long retirement horizons of 15 to 20 years and seek higher long-term returns may opt for MSF. Investors nearing retirement (under 10 years) or those with low risk tolerance should stay away.
'They are positioned as defensive products and can potentially give marginally higher returns than liquid funds.'
''Now the roads in Bihar are as good as any other Indian state. The power sector has improved.' 'Connectivity, law and order, gender justice...' 'Bihar now stands for all these things that were totally absent when it was under jungle raj.'
A DTC bus marshal in Delhi was arrested for allegedly biting off the tip of a conductor's finger during an argument over the bus route. The incident occurred after a dispute between the marshal and the conductor escalated, leading to a physical altercation and grievous injury.
Virat Kohli and Rohit Sharma will be assessed but it would be "silly" to put them on trial in each and every ODI that they play from hereon, chairman of selectors Ajit Agarkar said.
Quoting an incorrect PAN during property registration can invite penalties and prosecution.
With no ODI series in Australia in the next two years, it is impossible to think that the legendary duo will again be seen Down Under in India blues.
The US Department of the Treasury on Wednesday imposed sanctions on Russia's two largest oil companies, Rosneft and Lukoil, in an effort to pressure the Kremlin to end its war in Ukraine.
Former Chief Minister Omar Abdullah expresses dwindling hope for the restoration of statehood to Jammu and Kashmir, citing delays and governance challenges in the Union Territory setup.
Gill stated that the decision on Bumrah's involvement will depend on the number of overs he bowls in each Test match and how his body feels after the match.
A top police officer in Jammu says that the presence of foreign terrorists in the region's dense forests is a major challenge, and that efforts are underway to neutralize them. He also noted the use of technology like drones by terrorists and criminals.
CERC, which has a key role in India's power sector, has also set up a committee to gather further evidence in the matter and take suitable action.
While Q2FY26 is expected to be mildly disappointing for the hospital sector, there's a lot of investor optimism for the future. This comes after a favourable revision in rates for Central Government Health Scheme (CGHS) procedures, as well as expectations of rising occupancy and growth in average revenue per operating bed (ARPOB).
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