The Tata Trusts, led by the Sir Ratan Tata Trust and the Sir Dorabji Tata Trust, hold a 66 per cent stake in Tata Sons, the Tata group's holding company.
Seasoned bureaucrat and a stickler for rules Finance Secretary Tuhin Kanta Pandey will be at the helm of capital market regulator, Securities and Exchange Board of India (SEBI), for three years. The 1987-batch Odisha-cadre Indian Administrative Service (IAS) officer, Pandey, would replace Madhabi Puri Buch, whose three-year term ends on Friday.
Udai Tambar, an Indian-origin CEO involved in youth development services in the US, is among 15 experts appointed as members of the newly-formed racial justice advisory board in New York City.
Russian energy giant Rosneft has appointed a former Indian Oil Corporation (IOC) director to its board in signs it may be looking at boosting trade links with India. G K Satish, who retired as director for business development at IOC in 2021, is one of the three new faces appointed to the 11-strong board of directors of Rosneft, according to a statement issued by the Russian firm. Satish, 62, is the first Indian to be appointed to the board of Rosneft.
The Supreme Court on Monday dismissed a plea filed by Sebi against a Securities Appellate Tribunal order which set aside the penalty imposed by the market regulator on RIL chairman Mukesh Ambani and two other entities in a case related to alleged manipulative trading in shares of the erstwhile Reliance Petroleum Ltd (RPL) in November 2007. A bench of Justices J B Pardiwala and R Mahadevan said it was not inclined to interfere with the order passed by SAT.
The International Cricket Council board on Thursday recommended former South Africa wicketkeeper David Richardson's name as Haroon Lorgat's successor for the post of Chief Executive Officer.
Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.
In Kerala's society, known for its high material standard of living, plunging into a state of having nothing overnight can be terrible for one's social standing and sense of self-esteem. Rehabilitation entails piecing a community back together after a disturbance and while its aim is noble, the act of reassembling will bring alive disparities and inequalities, explains Shyam G Menon.
India has expressed concern to the US authorities over the treatment of deportees on a flight that landed on February 5, particularly with respect to the use of shackles, especially on women. The Ministry of External Affairs (MEA) has also registered its concerns regarding the need to accommodate the religious sensitivities and food preferences of the deportees. The US side has confirmed that no women or children were restrained on the deportation flights that landed in India on 15th and 16th February, 2025.
'I am determined now to celebrate all festivals together.' 'People don't respond much when you try to convince them by talking about principles of secularism etc. But if we revive our shared cultural practices, specially food, we may get a better response.'
US skating mourns athletes lost in plane crash
GMR Group-led DIAL, which manages and operates India's largest airport, recently requested the AERA to double the user development fee (UDF) for international business and first-class travellers compared to economy and premium economy over the next four years. It has also sought higher UDF for all domestic passengers flying during peak hours -- 5 am-8:55 am and 5 pm-8:55 pm.
'Many of these issues will be resolved within 6 months because the US economy has started unravelling.'
The Financial Times report citing Altavilla's court testimony stated that, "Fiat will name chief executive Sergio Marchionne, Alfredo Altavilla, its head of business development, and Lucio Noto, former vice-chairman of ExxonMobil, to the board of new Chrysler." Altavilla also said Marchionne should be named chief executive and "spend a substantial amount of time in Detroit."
India's largest IT services company TCS on Thursday reported an 11.95 per cent jump in net profit at Rs 12,380 crore in the December quarter while the overall workforce reduced by over 5,000 employees. The Tata Group company had reported a net profit of Rs 11,058 crore in the year-ago period, and Rs 11,909 crore in the preceding September quarter. The company's revenue grew 5.6 per cent to Rs 63,973 crore as against Rs 60,583 crore a year earlier.
From November 12, Vistara aircraft will be operated under Air India's banner, identifiable by a special four-digit flight code beginning with '2'. For example, flight UK 955 will become AI 2955, making it easier for customers to recognise when booking on airindia.com after this date.
A special court in Mumbai has directed the Anti-Corruption Bureau (ACB) to register a first information report (FIR) against former Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch and five other officials in connection with alleged stock market fraud and regulatory violations.
Oil to telecom conglomerate Reliance Industries (RIL) has initiated the process to seek shareholders' approval for the appointment of the third generation of the Ambani family on the company's board. The remote voting through postal ballot will start from September 27 onwards. In a separate note, CreditSights said a trust and hold-co model could be a possibility for the anticipated succession at RIL.
'The country that does most of the visual effects, more than any other country, is India.' 'There are more Indians working on VFX in any major Hollywood film than there are in Indian films.'
Bhalla will succeed former RBI deputy governor Subir Gokarn, who died in the US on July 30 after a brief illness.
It was a complete team effort for Haryana Steelers, with Vinay and Shivam Patare combining for 15 points, while Jaideep and Rahul got four tackle points each and Mohammadreza Shadloui scored six points to wrap up a comprehensive display.
Pakistan Cricket Management Committee chairman Zaka Ashraf has landed in India to attend the ICC Executive Board meeting to be held in Ahmedabad on Saturday.
'The launch of Nila, our very first satellite was very emotional as well as nerve wracking. We tried to calm ourselves by cracking some poor jokes!'
Ministry mulls graded funding for sports federations
The AIMPLB is of the view that not only tribals but every religious minority should also be kept out of the purview of UCC, he said.
Front-running is a fraudulent practice where traders exploit advance knowledge of large client orders for personal profit.
The new Vande Bharat Express train is specially designed to operate seamlessly in Jammu & Kashmir's challenging winter conditions for the upcoming Katra-Srinagar rail route.
Punit Goenka, the former director of Zee Entertainment Enterprises, is not the only one who lost his board seat due to shareholders' activism last fortnight. In recent past, institutional shareholders of several companies, including Nestle and Wipro, have pushed back against board proposals by taking an aggressive stance while voting.
'We handle close to 3 million rides daily, making us one of the largest players in this segment'
England previously faced Afghanistan at the 50-overs Cricket World Cup in 2023, as well as at the Twenty20 World Cup in 2022.
The new proposal comes close on the heels of six measures introduced by Sebi to curb frenzy in index derivatives.
All transactions in the units of an asset management company's mutual funds exceeding Rs 15 lakh executed by designated persons, trustees, or their immediate relatives must be reported to the compliance officer within two business days from such transactions, Sebi said on Tuesday. The threshold of Rs 15 lakh could be either in a single transaction or multiple transactions within a quarter, per PAN, across all schemes except exempted ones. The new rules will be applicable from November 1, the Securities and Exchange Board of India (Sebi) said in a circular.
Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?
Proliferation of home chargers of around 7 KWh and above, which take six to seven hours to fully charge a car depending on the model, bring running costs down by a third or so. That, coupled with the increasing range of modern electric cars, can lead to a massive increase in sales.
'Investment by insurers in the Bima Sugam India Federation is illegal as it is a private limited company.'
Seven of the 13 people who died in a train accident in Maharashtra's Jalgaon district were from Nepal. The accident occurred when passengers on the Mumbai-bound Pushpak Express got off the train after an alarm chain-pulling incident and were run over by the Karnataka Express on the adjacent tracks. A fire rumour spread in the train, prompting passengers to jump off. The incident highlighted the dangers of chain-pulling and the need for better safety measures on Indian Railways.
Audit firm Deloitte has resigned as auditors of Byju's citing a delay in submission of financial statements while almost simultaneously three of the edtech firm's board members have quit in what is being seen as a deepening crisis at the decacorn. Deloitte Haskins & Sells, which was slated to audit Byju's until 2025, stepped down with "immediate effect" mid-term stating that "the financial statements of the company are long delayed. In a letter sent to the board of Think & Learn Pvt Ltd (known as Byju's), Deloitte said it has not been able to start an audit due to the delays and that will have a "significant impact" on its ability to "plan, design perform and complete" the audit as per standards.
The Securities and Exchange Board of India (Sebi) has proposed to put a stop to the practice of certain directors occupying permanent board seats at listed companies. The regulator has suggested that the directorship of any individual serving on the board should be subject to periodic approval from shareholders, at least once in five years. In a discussion paper issued on Tuesday, Sebi said a few promoters enjoyed permanency on the board, giving them an undue advantage, prejudicial to the interests of public shareholders.
Younger investors with long investment horizons may continue their SIPs.
The duo met at the IOC's headquarters in Lausanne, Switzerland and discussed about cricket's future in the Olympic programme.
