Tata Group stocks experienced a significant decline, with TCS falling nearly 6 per cent, after Tata Sons Chairman N Chandrasekaran announced he would not seek reappointment when his current term concludes on February 20, 2027.
Indian benchmark equity indices, Sensex and Nifty, extended their decline for a second consecutive day, primarily due to elevated crude oil prices and selling pressure on Tata Group stocks following Tata Sons Chairman N Chandrasekaran's announcement that he will not seek reappointment.
Jamshedpur FC players, including senior India footballers, have made an emotional appeal to the Tata Group to reverse its decision to withdraw the club from the Indian Super League (ISL) and dismantle the senior team, citing the impact on young players and the future of Indian football.
All India Football Federation President Kalyan Chaubey has urged the Tata group to reconsider its decision to withdraw Jamshedpur FC from the Indian Super League. While Tata maintains it's a strategic move for grassroots development, Chaubey believes the decision should not be purely financial and highlights Tata's significant contributions to Indian football through the Tata Football Academy.
All India Football Federation President Kalyan Chaubey has urged the Tata group to reconsider its decision to withdraw Jamshedpur FC from the Indian Super League. While Tata maintains it's a strategic move for grassroots development, Chaubey believes the decision should not be purely financial and highlights Tata's significant contributions to Indian football through the Tata Football Academy.
Defending champions India have been drawn into Group B of the SAFF Championship 2026 alongside Maldives and Pakistan. The tournament, hosted in Dhaka from November 4-17, will see India begin their quest for a record 10th title against Maldives on November 5, followed by a clash with Pakistan on November 11.
Members of the Akhil Bharat Hindu Mahasabha were stopped by police while attempting to enter the Taj Mahal with kanwars to perform religious rituals, claiming the monument is a Shiva temple. They were redirected to a different temple to perform their worship.
Former India captain Sunil Chhetri has publicly appealed to the Tata Group to reverse its decision to withdraw Indian Super League club Jamshedpur FC.
The Indian men's junior squash team secured their spot in the pre-quarterfinals of the World Squash Junior Team Championships by defeating Brazil and the Netherlands 3-0. The women's team also started strong, beating Chinese Taipei 3-0, with World Junior champion Anahat Singh being rested.
Jamshedpur FC players have released an emotional video appealing to owners Tata Group to reverse their decision to shut down the Indian Super League club.
Student organisations across India celebrated the resignation of Union Education Minister Dharmendra Pradhan, attributing it to their nationwide protests against alleged NEET irregularities. While welcoming the move as a victory, groups like NSUI, AISA, and SFI affirmed their commitment to continue agitations until broader demands for accountability, transparency, and education reforms, including scrapping the NTA and NEP, are met.
Mahindra Group CEO Anish Shah emphasizes the critical role of Artificial Intelligence, advocating for its meaningful integration at scale across all aspects of the company. He highlights that AI is redefining industries and decision-making, urging a proactive approach to leverage its potential. Shah also addresses global uncertainties, stating the group's commitment to accelerate amidst challenges and aim for global leadership.
Fourteen civil society organisations from Manipur have urged the Centre to update the National Register of Citizens (NRC) in the state before the completion of Census 2027. They argue this is essential to address concerns over demographic changes and alleged illegal immigration from Myanmar, which they believe has altered the state's population profile.
Nikola Vlasic scored a late header from a Luka Modric corner to give Croatia a 2-1 victory over Ghana, securing second place in World Cup Group L and a spot in the last 32. Petar Susic had opened the scoring for Croatia, while Derrick Luckassen equalised for Ghana before Vlasic's decisive goal.
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.
NEROCA FC defeated nine-man FC Raengdai 3-1 in the IndianOil Durand Cup, coming from behind with late goals after Raengdai had two players sent off. This win concluded NEROCA's Group D campaign, while Raengdai, despite the loss, had already qualified for the quarterfinals.
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.
Jude Bellingham's stellar performance, including a goal and an assist for Harry Kane, propelled England to a 2-0 victory over Panama. This win secured England's top position in Group L of the World Cup, allowing them to avoid a difficult knockout phase route. The match saw England dominate possession and overcome a flat first half, with Kane also breaking Gary Lineker's World Cup goal record for England.
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.
'Chandrasekaran wanted a five-year extension, but the Tata Group has a policy of 65 years as the retirement age for its executive chairman.'
Spain defeated Uruguay 1-0 in a crucial Group H match, with Alex Baena scoring the decisive goal. This victory secured Spain's top spot in the group and a place in the World Cup knockout stage, while Uruguay, managed by Marcelo Bielsa, was eliminated from the tournament. Cape Verde also advanced from the group.
The Baloch Liberation Army (BLA) has claimed responsibility for 38 operations carried out across Balochistan between August 1 and August 8, alleging that more than 32 Pakistani military personnel and other alleged operatives were killed and dozens more wounded.
A new UN Security Council report has 'officially attributed' the November 2025 Red Fort terror attack in New Delhi, which killed about 15 people, to Al-Qaeda in the Indian Subcontinent (AQIS). The report highlights AQIS's evolution into a regional terrorist entity and its efforts to establish networks.
Indian esports teams Orangutan and GodLike Esports have successfully qualified for the PUBG Mobile World Cup (PMWC) Grand Finals at the Esports World Cup 2026 in Paris. Both teams secured their spots by finishing in the top five of their respective group stages, and will now compete for a share of the USD 3 million prize pool from August 14 to 16.
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.
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.
A coalition of 14 Meitei civil society organisations in Manipur has urged Governor Ajay Kumar Bhalla to implement a National Register of Citizens before the 2027 Census, arguing it is crucial for resolving the state's ongoing ethnic conflict and identifying 'illegal migrants'.
Air India Group has accumulated losses of about Rs 47,821 crore since its takeover, leaving its prolonged transformation among the biggest unfinished projects of N Chandrasekaran's tenure.
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.
Nongkseh SS&CC concluded their Durand Cup campaign with a resounding 7-0 victory over Mumbay FC in a Group E fixture.
Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations.
Ruben Vargas and Johan Manzambi scored second-half goals as Switzerland beat Canada 2-1 on Wednesday to qualify for the knock-out stage of the World Cup as Group B winners, with the tournament co-hosts also progressing as runners-up.
TRAU FC defeated Indian Navy FT 2-1 in their final Durand Cup Group D fixture, thanks to a brace from Afridi Buyamayum and a strong performance by goalkeeper Tajuddin. Despite the victory, both teams were eliminated from the tournament, with FC Raengdai advancing as group winners.
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.
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 Airports Authority of India has received a request for a waiver from contractual restrictions that prevent airport concessionaires and their group entities from holding equity in scheduled airlines, Minister of State for Civil Aviation Murlidhar Mohol confirmed in the Rajya Sabha. This comes amid reports of the Adani group's interest in the airline business, despite their denial.
AIFF Super Cup winners FC Goa are set to face Turkmenistan's dominant FC Arkadag in a single-leg qualifying match for the AFC Champions League Two group stage. This crucial encounter marks former India defender Gouramangi Singh's debut as head coach for FC Goa, who enter the playoff with a depleted squad. The winner advances to the group stage, while the loser drops to the AFC Challenge League.
Metals and mining conglomerate Vedanta aims to achieve $10 billion in group Ebitda by FY27, a significant increase from $6 billion in FY26, and plans to reduce its overall debt by more than 20,000 crore during the same period, according to CFO Ajay Goel.
The consortium is being led by Amit Bhatia, the son-in-law of steel magnate Lakshmi Mittal and a former shareholder in English second-tier club Queens Park Rangers.
Shillong Lajong FC secured a dominant 5-0 victory over Mumbay FC in a Group E Durand Cup fixture, with Everbrightson Sana scoring twice. This win marks a perfect start for Lajong, placing them at the top of their group, while Mumbay FC remains at the bottom without points.
