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.
The Bombay High Court has ordered a CBI investigation into the 2020 death of Disha Salian, former manager of actor Sushant Singh Rajput, after criticising the Mumbai police for their six-year-long probe which it said "raises more questions than answers." The court noted "glaring discrepancies" in the police's handling of the case, which was initially treated as an accidental death, and highlighted issues like delayed panchnama and unusual injury patterns. Salian's father had petitioned the court, alleging foul play and a cover-up, and sought an FIR against a political leader.
The Bombay High Court has expressed strong displeasure with the Brihanmumbai Municipal Corporation (BMC) for approving the conversion of the Neville D'Souza football ground in Bandra into an exhibition centre, despite an earlier oral assurance to maintain status quo. The court has ordered the BMC to halt further action and questioned the impact on outdoor sports.
The Maharashtra Food and Drugs Administration (FDA) has issued notices to two mess facilities at IIT Bombay, ordering them to cease operations due to a lack of necessary permissions and registrations. This action is part of an ongoing state-wide food safety enforcement drive, which has also led to the suspension of licenses for several other restaurants and eateries across Mumbai and Navi Mumbai due to hygiene issues and non-compliance.
The Tata Sons board has voted to reappoint N Chandrasekaran as chairman for a third five-year term, a decision influenced by the Reserve Bank of India's rejection of the company's application to surrender its NBFC registration, which revives the prospect of a stock market listing.
'Members of Indian family businesses have considered it their birthright to work there and responsibility to take care of it.'
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.
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 Bombay High Court has strongly criticised the Brihanmumbai Municipal Corporation (BMC) for the pervasive garbage on Mumbai's roads, warning of action against ward officers if the situation does not improve. Hearing petitions on pollution near the Kanjurmarg dumping ground, the court observed that the "entire municipal machinery is inactive" and suggested imposing heavy fines on litterers. The court has demanded BMC's Standard Operating Procedure and a list of officers responsible for cleanliness, threatening to remove those who fail to act.
Vantara, a Reliance-backed animal rescue centre, has announced its compliance with a High-Powered Committee order for elephant Madhuri's return to Kolhapur. Despite her chronic health conditions requiring ongoing veterinary care, Vantara will continue to monitor her health and assist with necessary arrangements, ensuring her welfare remains a priority under strict conditions set by the HPC.
'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'
N Chandrasekaran, Chairman of Tata Sons, has announced he will not seek reappointment after his term concludes in February 2027. Addressing employees at a town hall, he urged them to disregard speculation regarding his departure and emphasised the group's continued progress and opportunities for staff. His decision follows a six-month impasse over a proposed extension.
'Listing leads to greater transparency and shareholder oversight.'
For 17 years, Mani Bhavan was Gandhi's Bombay home and nerve centre of the freedom movement.
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.
Anant Nag has dedicated the Dadasaheb Phalke Award 2024 to the people and unique cultural environment of Karnataka, crediting the state for his unparalleled success in both art and commercial films.
Had it been know that Jinnah suffered from tuberculosis and did not have much time to live, there is a possibility Partition could have been averted.
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.
Corporate leaders' half-life has shrunk over the past few decades. That is the Tata experience as well. Over 144 years till 2012, Tata Sons had just five chairmen. However, in the 15 years till 2027, the same group will see three, points out R Gopalakrishnan.
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.
Mention Anant Nag to almost anyone in Karnataka and the reaction is immediate: 'Anant? Oh my God! What a fascinating man!' 'Such an intellectual. Such a great speaker. Brilliant actor.'
The Bombay High Court has ruled that delay in lodging an FIR for sexual assault and harassment cases cannot be the sole ground for quashing a criminal prosecution, especially given the societal challenges families face in reporting such incidents. The court dismissed a petition by a man accused of molesting his domestic help, rejecting his arguments about delayed complaint and false implication.
'whom he believes in ... or whom he has faith in. But we don't know whether that person will be competent or not. This will lead to a lot of uncertainty in the minds of investors and shareholders of the Tata group companies.'
'It appears to be a combination: A glacier breaking away, and a dam-like formation downstream reaching capacity and releasing water suddenly.'
Gandhi's 1931 passport for his travel to London was issued in Bombay. It was the last time the Mahatma travelled abroad.
The RBI once again said the Tata group holding company's application for deregistration as an NBFC remains under examination.
The Annual General Meeting (AGM) of Tata Sons, scheduled for Tuesday, is likely to be adjourned because the Sir Ratan Tata Trust (SRTT), a major shareholder, cannot nominate a representative due to a regulatory restriction imposed by Maharashtra's Charity Commissioner.
What Every Indian Must Know About the Quit India Movement.
The Small Animal Hospital, which provides world-class treatment to pets and strays alike, continues Ratan Tata's legacy.
'I met with people who had their flats redeveloped. I saw this was a real human struggle.' 'People get caught in the middle between their dreams, wishes and their community.'
Looking at the unconfirmed list of contestants lining up for the 20th edition of Bigg Boss.
The Bombay High Court has overturned the acquittal of a man in a 2015 murder case, citing failures in the original trial and ordering a retrial to ensure justice is served.
The Bombay High Court has ruled that both earning partners must contribute to household and child's education expenses to maintain a lifestyle, reducing a man's monthly maintenance payment to his estranged wife and son. The court emphasised that equality cannot be claimed selectively, especially when both parties are earning.
On Uttam Kumar's birth centenary, actor Prosenjit Chatterjee shares intimate memories of the Bengali matinee idol, recounting how 'Uttam-jethu' not only launched his career but also profoundly influenced his father, Biswajit Chatterjee, and remained a guiding force for their family.
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.
A board meeting of Tata Sons, the holding company of the Tata conglomerate, concluded in Mumbai, with discussions likely revolving around mounting losses in unlisted businesses and the future of Chairman N Chandrasekaran amid rising internal frictions.
How did a melancholic Kishore Kumar classic from 1964, remixed decades later, become the unlikely soundtrack to a Gen Z protest?
Bombay House will be closed for renovation - its first such closure in 93 years
The market capitalisation of these 41 companies ranged from Rs 30 crore to around Rs 1.26 trillion, as on August 7.
Aamir Khan has addressed recent 'love jihad' allegations, clarifying his family's inclusive stance on interfaith marriages.
