A much-anticipated board meeting of the Sir Ratan Tata Trust, intended to reconsider nominations to the board of Tata Sons, was cancelled for unspecified reasons, despite the Bombay High Court declining to stay the meeting.
Tata Trusts, which holds a significant stake in Tata Sons, is facing a mandate to immediately comply with Section 30A(2) of the Maharashtra Public Trusts Act, 1950, requiring two of the three life trustees at Sir Ratan Tata Trust to step down to meet the 25 per cent cap on perpetual trustees.
Tata Trusts, which holds a significant stake in Tata Sons, is facing a mandate to immediately comply with Section 30A(2) of the Maharashtra Public Trusts Act, 1950, requiring two of the three life trustees at Sir Ratan Tata Trust to step down to meet the 25 per cent cap on perpetual trustees.
The upcoming Tata Sons board meeting in June could possibly throw some light on several critical issues that may have a bearing on the future of the corporate behemoth.
A crucial Tata Trusts board meeting was unexpectedly postponed, highlighting internal conflicts over veto power, Tata Sons listing, and trustee eligibility, raising concerns about the stability of the $180 billion conglomerate.
The top agenda of the meeting includes a review of Tata Trusts representation on the Tata Sons board.
An elderly couple was allegedly murdered in their home in Beawar, Rajasthan, with police investigating a possible robbery motive. Four suspects, including two minors, have been detained.
Tata Trusts announced that the trustees of the Bai Hirabai Trust will initiate proceedings to alter restrictive clauses in its trust deed, specifically those prohibiting non-Zoroastrians from serving as trustees. This decision follows a challenge by former trustee Mehli Mistry regarding the appointments of Venu Srinivasan and Vijay Singh, who allegedly did not meet the original Parsi Zoroastrian faith and residency criteria.
Singh was immortalised on the silver screen by Puneet Issar in the 1997 film Border which was a fictionalised account of the soldiers who fought in the war alongside Longewala.
Haryana emerged as the top performer at the 24th National Para Athletics Championships, held in Bhubaneswar, India, securing an impressive 95 medals. Tamil Nadu and Gujarat followed in second and third place respectively.
'Maharawal Ratan Singh's situation in Padmaavat is very similar to Shahid's situation in Padmaavat, as an actor. I was pitted against very high odds, in a very unlikely situation and I had to somehow come out with flying colours.'
Punjab, Uttar Pradesh, Bengal, and Arunachal Pradesh recorded victories in their respective matches at the 16th Hockey India Sub Junior Men National Championship held in Rajgir.
Punjab, Uttar Pradesh, Bengal, and Arunachal Pradesh recorded victories in the 16th Hockey India Sub Junior Women National Championship.
Vijay Varma continues to impress critics and fans with his performance in 'Matka King', prompting a look back at his most defining roles, from the conflicted cop in 'Monsoon Shootout' to the chilling antagonist in 'Darlings'.
'When life throws a Hamza at you, make it Dhurandhar's Hamza, not Darlings' Hamza!'
Vijay Varma delivers a tour de force performance in Nagraj Popatrao Manjule's Matka King, a compelling eight-part series that chronicles the rise and fall of a gambling trailblazer in 1960s-1970s Bombay, notes Sukanya Verma.
A man was stabbed to death and three others injured in Giridih, Jharkhand, following a dispute over loud music. Police have registered a case and are searching for the suspects.
A government primary school principal in Mathura, Uttar Pradesh, has been reinstated after an inquiry found allegations of him asking students to offer 'namaz' were false.
In a strategic move for the upcoming West Bengal elections, the BJP has announced its first candidate list, highlighted by Suvendu Adhikari challenging Mamata Banerjee in both Nandigram and Bhabanipur.
Nitish Reddy fails with bat as Vidarbha take first-innings lead against Andhra
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.
'Established filmmakers want to go with the sequels of earlier hit films like Housefull 5 or Mastiii 4. They don't want to come up with fresh ideas. This is pure laziness.'
Mehli Mistry is backed by three other trustees -- Pramit Jhaveri, Darius Khambata and Jehangir HC Jehangir -- against Tata Trusts Chairman Noel Tata and the two vice-chairmen, Venu Srinivasan and Vijay Singh.
A quiet but consequential power struggle has erupted within the storied 156-year-old Tata Trusts just a year after the death of group patriarch Ratan Tata on October 9, 2024.
Tata Trusts, which exerts decisive influence over India's most valuable conglomerate through its about 66 per cent stake of Tata Sons, finds itself in the midst of infighting among its trustees over board appointment and governance issues.
Talented wicketkeeper-batter Abishek Porel has been named vice-captain, while the pace department will receive a major boost with the inclusion of India fast bowling duo of Mohammed Shami and Akash Deep.
'Our problem is not a budget deficit but a trust deficit. We need to trust our institutions and industries to innovate and lead. That is the way forward for India.'
'I get enormous pleasure from seeing the uplift of an underprivileged or poor person.' 'I feel elated when I walk on the street and see someone who pushes a handcart talking on a cell phone.' A revealing glimpse from Peter Casey's The Story of Tata: 1968 to 2021.
The inclusion of a "no-contest" clause in Ratan Tata's will has caught the attention of India Inc, prompting a wave of interest among promoters of listed companies and business families. Legal advisors and estate planners are seeing a noticeable uptick in queries, as wealthy individuals look for ways to shield their legacies from courtroom battles.
'For him what's important is relationships, his role, and, of course, the script.' Rediff celebrates Shah Rukh Khan's 60th birthday on November 2 with a special series that introduces us to the man behind the superstar.
'At a time when there was little awareness of world music, playing western tunes on eastern instruments like the flute and the dholak, blending vocal polyphony with Indian folk and contemporary styles, Salilkaku created a new musical genre in Bengal called Gana Sangeet.'
After months of discord, the Tata Trusts appear to be moving towards reconciliation, with recent reappointments and open exchanges signalling a return to cooperative governance.
Tata group has been a constant in India's sporting landscape and the conglomerate's involvement only grew under Ratan Tata.
Tata Sons, now debt-free, has asked the RBI to drop its 'upper-layer NBFC' tag and allow it to stay private.
The Chhattisgarh State Women Commission has directed the Director General of Police to file FIRs based on complaints from three women who allege assault and molestation by Bajrang Dal workers. The women were initially involved in a human trafficking and forced conversion case.
On another occasion, he recalled, as part of the SPG, he was tasked with the security of the then prime minister Manmohan Singh and assigned the responsibility of escorting Tata from Taj Mansingh Hotel in New Delhi.
'When you are a pioneer and someone who's put on a pedestal, but then the pedestal gets dusty, people don't look at the statue anymore.' 'They would say, 'Yes, yes, of course I know Bimal Roy. He made Do Bigha Zamin.'.'
Diwan Arun Nanda, founder of Rediffusion and one of India's last great admen, changed the industry with memorable campaigns, political ads, and a rare mix of sharp strategy and creativity.
Wriddhiman Saha is all set to enter the coaching arena with Cricket Association of Bengal (CAB) showing interest in hiring him as the head coach of the Under-23 state team.
'The way the anticipation is built up for Gabbar Singh's introduction scene with sound, image and details of his personality, like the combat boots he wears.' 'The camera comes so close -- not a tele lens shot, but a wide-angle close-up -- that you can almost smell Gabbar's breath.'
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