Bira 91 founder Ankur Jain and his family have stepped down from the board and executive positions of B9 Beverages, the parent company, after reaching a settlement with the craft beer maker's lenders and investors.
The controversy within Hockey India regarding the change in the Indian teams' jersey colour has intensified. President Dilip Tirkey's deadline for Executive Director Commander RK Srivastava to submit documents explaining the decision was missed, leading to the Secretary General requesting an emergency Executive Board meeting. This issue, along with unaddressed harassment complaints, highlights significant internal strife within the organisation.
The controversy within Hockey India over the change in the Indian teams' jersey colour has intensified, with President Dilip Tirkey demanding documents from Director General Commander RK Srivastava. The issue, coupled with unaddressed harassment complaints, has led to the Secretary General seeking an emergency Executive Board meeting, highlighting significant internal strife ahead of the FIH Men's Hockey World Cup.
Tata Sons chairman N Chandrasekaran has issued a statement explaining his decision not to seek an extension beyond his current tenure, which ends on February 20, 2027, citing a lack of unanimous board support for his reappointment.
N Chandrasekaran, the current Chairman of Tata Sons, has announced he will not seek reappointment when his term concludes on February 20, 2027, following a lack of unanimous board support for his extension.
HDFC Bank's board is actively discussing the appointment of its new managing director and chief executive officer (MD & CEO) as incumbent Sashidhar Jagdishan's three-year term concludes in October, with the Governance, Nomination and Remuneration Committee (GNRC) expected to finalise the process soon.
The Sports Ministry has directed the Indian Olympic Association (IOA) to form an independent inquiry panel to investigate sexual harassment allegations made by former hockey player Asunta Lakra. This decision came after Hockey India President Dilip Tirkey expressed concerns about the impartiality of an internal probe, as the allegations involve HI office bearers.
HDFC Bank's board has imposed a monetary penalty of Rs 1 lakh each on its Managing Director and CEO Sashidhar Jagdishan, CFO Srinivasan Vaidyanathan, and Group Head (Retail Assets) Arvind Vohra for divergence from RBI directions in the Maharashtra State Road Development Corporation (MSRDC) case.
Hockey India President Dilip Tirkey has requested the Sports Ministry to form an independent committee to investigate sexual harassment allegations made by Asunta Lakra, citing impartiality concerns if an internal probe is conducted due to the involvement of a federation office-bearer.
The Reserve Bank of India (RBI) has issued amended directions for bank boards, effective October 1, 2026, to rationalise agenda items and enable more focused engagement on strategy and risk governance, while explicitly defining matters reserved for board approval and periodically reviewing delegated powers.
The All India Muslim Personal Law Board (AIMPLB) announced a nationwide movement against the 'deteriorating condition' and social and political marginalisation of Muslims in India, citing concerns over mob violence, demolition drives, and attempts to impose Vande Mataram.
India's markets regulator, Sebi, has reintroduced rules allowing companies to repurchase their own shares through stock exchanges in the open market, effective August 1, 2026. The new framework caps the execution period at 66 working days and aims to enhance flexibility and efficiency for capital allocation.
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.
A controversy has erupted within Hockey India over the national teams' new saffron jerseys, replacing the traditional blue.
'Chandrasekaran wanted a five-year extension, but the Tata Group has a policy of 65 years as the retirement age for its executive chairman.'
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.
The International Olympic Committee (IOC) Executive Board has officially approved the qualification system for cricket at the LA Olympic 2028, marking the sport's return after 128 years. The event will feature men's and women's T20 competitions with six teams each.
N Chandrasekaran, chairman of Tata Sons, announced he would not seek reappointment when his term ends in February 2027, following a series of departures by senior figures closely associated with former chairman Ratan Tata, including Vijay Singh and Mehli Mistry, amid a deepening power struggle and governance dispute within the Tata Group.
An IndiGo flight from Kolkata to Chennai declared a full emergency and landed safely at Chennai Airport after its left engine became inoperative, with 224 persons on board.
N Chandrasekaran will step down as chairman of Tata Sons in February 2027, concluding a decade at the helm, following a prolonged standoff over his reappointment with Tata Trusts Chairman Noel Tata.
The much-awaited board meeting of Tata Sons did not discuss listing of the holding company or a third term for Chairman N Chandrasekaran.
The Union Housing and Urban Affairs Minister's announcement of four 'Namo Cities' aims to decentralise development and decongest Delhi, but experts warn that the initiative may face execution challenges similar to previous urbanisation plans due to inadequate coordination among NCR states.
N Chandrasekaran's decision not to seek reappointment when his term as chairman of Tata Sons ends in February 2027 signals a significant shift in leadership amidst an ongoing power struggle and governance disputes within the Tata Group.
The Congress party has criticised the decision to change the Indian hockey team's jersey colour to saffron, calling it a 'narrow-minded political experiment' and demanding the government reconsider the move.
The recent Hockey Jharkhand elections have been embroiled in controversy following allegations of sexual harassment and intimidation made by former India women's captain Asunta Lakra against Hockey India secretary general Bhola Nath Singh. The Sports Ministry has directed the Indian Olympic Association (IOA) to form an inquiry panel to investigate these serious claims, while Bhola Nath Singh denies all allegations.
The top 500 listed companies had 860 women directors or board members overall.
Air India has announced the appointment of Tewolde Gebremariam, former CEO of Ethiopian Airlines Group, as its new Managing Director and Chief Executive Officer, replacing Campbell Wilson. This strategic appointment comes as the airline navigates expansion amidst significant challenges.
The World Cricketers' Association has lauded the formation of the Sri Lankan Professional Cricketers' Association, a significant step for the game's professionalism and growth in the country. Led by white-ball captain Kusal Mendis, this new body aims to provide players with a stronger voice, particularly in negotiations regarding franchise cricket, and aligns with ongoing reforms in Sri Lanka Cricket.
The Akali Dal Waris Punjab De has announced Satwant Singh, son of Kehar Singh (convicted in Indira Gandhi's assassination conspiracy), as its candidate for the Bassi Pathana constituency in the 2027 Punjab Assembly elections. This move highlights the party's 'Panthic' principles and focus on families who sacrificed for the Sikh Panth.
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.
"Indian Railways is now the world's second-largest cargo carrier by volume, up from fourth, even as its share of the country's total freight movement remains well below potential.'
The Los Angeles Lakers NBA team is reportedly being sold to businessmen Josh Kushner and Bob Iger for an unprecedented $12.5 billion, a deal that would make it the most expensive sports team ever sold.
US President Donald Trump has announced a "historic" agreement for the complete disarmament of Hamas and other armed groups in Gaza, coupled with a phased withdrawal of Israeli forces. The deal, part of Trump's 20-point Gaza plan, involves an International Stabilization Force and a new Palestinian police force, with Gaza eventually administered by a new Palestinian government. Egypt, Qatar, and Turkiye were thanked for their mediation efforts.
Natarajan Chandrasekaran, credited with stabilising Tata Sons after a boardroom coup and overseeing significant expansion, has announced his resignation as chairman, capping a nearly decade-long tenure marked by both successes and escalating tensions with the group's controlling charitable trusts.
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.
Indian crypto exchanges and companies have expressed strong support for the Central Board of Direct Taxes' (CBDT) new Crypto Asset Reporting Framework (CARF), which mandates reporting and due-diligence obligations for crypto service providers on all transactions starting 2026.
'... 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.'
A veteran White House reporter has revealed that the Clinton administration used a decoy aircraft during President Bill Clinton's high-risk visit to Pakistan in 2000, a security measure disclosed to journalists off-the-record due to the significant dangers involved.
Procter & Gamble has announced the appointment of its India-born President and CEO, Shailesh Jejurikar, as the Chairman, effective August 1, 2026. He will succeed Jon Moeller, who is set to retire. Jejurikar, an IIM Lucknow alumnus, has been with P&G since 1989 and has held various senior leadership roles.
The Sports Ministry has directed Hockey India to investigate allegations of intimidation and sexual harassment made by former India captain Asunta Lakra. Lakra accused HI general secretary Bhola Nath Singh and highlighted institutional protection for alleged misconduct, urging an independent inquiry and stronger safeguards for women athletes.
