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.
A Delhi court has sentenced three men, Sahil alias Ishmile, Mohit, and Vishal alias Vicky, to six years of rigorous imprisonment and a fine of Rs 10,000 each for the attempted murder of a youth in Badarpur in 2019. The court found them guilty under Section 307 and 34 of the Indian Penal Code, noting their common intention in the stabbing incident where the victim, Mukul, sustained life-threatening injuries.
Former Tehelka editor-in-chief Tarun Tejpal has surrendered before a Goa court to begin serving his 10-year rigorous imprisonment sentence in a 2013 sexual assault case. This follows a Supreme Court directive and his conviction by the Bombay High Court, which overturned his earlier acquittal. Tejpal's appeal against his conviction is slated for a Supreme Court hearing in September 2026.
A Kottayam Vigilance Court has sentenced former Kerala DGP Tomin J Thachankary to four years of rigorous imprisonment and imposed a fine of Rs 30.84 lakh in a disproportionate assets case. This marks the first time a DGP-rank officer in Kerala has been convicted for such an offence, with the court finding him guilty of amassing wealth 135.80 per cent in excess of his known income between 2003 and 2007.
Donald Trump has explicitly acknowledged that the US Constitution's 22nd Amendment prevents him from seeking a third presidential term in 2028, despite expressing a desire to run again and noting strong support from his base.
Conman Sukesh Chandrasekhar has been sentenced to eight years of rigorous imprisonment by a Delhi court for impersonating a Supreme Court judge and attempting to influence a bail proceeding. The court emphasised the need for a deterrent message against manipulating the justice system, especially given the rise of sophisticated impersonation techniques.
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.
An Indian-origin chief financial officer of a US spinal implant company has been sentenced to a four-month jail term for his role in a scheme to bribe surgeons. Aditya Humad conspired to pay over USD 540,000 in sham consulting fees to surgeons to induce them to use SpineFrontier's products, leading to millions in revenue for the company and undermining healthcare safeguards.
Most Indian investors start their investment journey with the wrong question. They ask, "Which fund will give the highest return?" instead of "How do I structure my investments so that I pay less tax, manage risk effectively, and still compound wealth over time?"
Industry leaders at an AIMA panel discussion emphasised the need for businesses to quickly adapt to changing market conditions and invest in technologies like artificial intelligence to build resilience and achieve long-term growth. They highlighted the current era of uncertainty driven by geopolitical tensions, supply chain disruptions, and rapid regulatory changes, stressing that tactical responses are as crucial as long-term strategy.
Foreign institutional investors have withdrawn nearly $40 billion from Indian equities in the last two years and, according to Bernstein analysts, have 'little reason' to invest for the long-term, though they may 'return to trade'. The brokerage highlights challenges such as struggling large-caps, disruption from new technologies, and difficulties accessing small- and mid-caps (SMIDs) at an institutional scale.
The removal of Goods and Services Tax (GST) on individual health and life insurance has led to a significant increase in new policy purchases and higher coverage levels, despite an initial surge moderating, according to industry experts.
Pakistan head coach Mike Hesson acknowledges India as the benchmark in white-ball cricket but expresses confidence in his team's ability to challenge them at the Asian Games. He also defended Pakistan's T20 performance, highlighting their improved ranking and series wins, while downplaying captaincy speculation for Sahibzada Farhan.
Institutional portion subscribed 12.68 times; retail crosses quota.
As the sport's popularity spread across the world, it developed its own colourful language/expressions. From clever slang to bizarre nicknames, the game's changing culture has thrown up some rather unusual turn of phrase. Here are 8 of the strangest football terms ever used.
'You can't have a runaway board that takes decisions against the active disagreement of the 66 per cent shareholder.'
'You can't have a runaway board that takes decisions against the active disagreement of the 66 per cent shareholder.'
The Election Commission has announced that elections for 12 Rajya Sabha seats across Uttar Pradesh, Uttarakhand, and West Bengal will take place on October 16. This includes 10 seats from Uttar Pradesh, one from Uttarakhand, and a bypoll in West Bengal, with significant implications for party representation, particularly for the BJP and BSP.
The Election Commission has announced elections for 12 Rajya Sabha seats across Uttar Pradesh, Uttarakhand, and West Bengal on October 16. The BJP is expected to retain eight seats in UP and gain one in West Bengal, increasing its overall strength. The Samajwadi Party is also likely to gain one seat in UP, while Mayawati's BSP faces the prospect of losing its representation in Parliament.
The Supreme Court has delivered a split verdict on the constitutional validity of the 2023 law that excludes the Chief Justice of India from the panel for selecting the Chief Election Commissioner and Election Commissioners, raising significant questions about judicial oversight in electoral appointments.
The Chintan Shivir is expected to discuss the progress of government schemes, policy implementation, time management, inter-ministerial coordination, and public service delivery, among others.
'It is unfortunate that the Chairman of Tata Sons, a Company renowned for setting high standards of corporate governance, is contending reappointment on such an untenable interpretation of the Articles'.
Within days of the RBI's letter to Tata Sons that its CIC deregistration application had been rejected, the regulator filed a caveat in the Bombay High Court so that it could be heard before any order is passed on the matter in case there's a petition challenging its listing directive.
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.
"Our endeavour is to bring headline inflation in line with the target over the medium term," said RBI Governor Sanjay Malhotra, addressing concerns about the central bank's policy stance and economic outlook.
Zoho cofounder Sridhar Vembu dismisses exaggerated fears about AI's catastrophic potential and global development pauses. He advocates for India to adopt an independent AI strategy, fostering partnerships while avoiding entanglement in US-China tech rivalry. Vembu stresses extensive investment in foundational R&D across sectors, distinguishing it from costly frontier AI model development. He also highlights concerns about AI's impact on human judgment, skill erosion, and job disruption, particularly in software engineering, while remaining optimistic about new economic opportunities.
'On a plain reading of Article 121, it can be said that the chairman's casting vote can be invoked in either of these cases.'
Indian skipper Shreyas Iyer expressed enthusiasm for India's historic bilateral T20 match against Japan, marking cricket's expansion into new territories and celebrating 75 years of diplomatic relations. Iyer highlighted the unique cultural experience and the importance of such fixtures for global cricket growth, despite initial weather challenges.
This is not the first time Erdogan has spoken about the Kashmir issue during his UNGA address. Last year in September, he had called for a resolution on the issue of Kashmir at UNGA.
India's deposit growth has reached a 15-year high of 17.8 per cent, primarily driven by a surge in foreign currency non-resident (bank), or FCNR(B), deposits. This influx of funds is expected to lead to a softening of corporate loan rates as banks seek to deploy their excess liquidity.
India's cement industry is on the brink of an oversupply situation as aggressive capacity expansion by major players is set to outpace demand growth over the next two financial years, potentially leading to pricing pressures and moderated utilisation rates.
Dera Sacha Sauda chief Gurmeet Ram Rahim Singh has returned to Sunaria jail in Rohtak after his 21-day furlough concluded. This marks his 17th temporary release since his 2017 conviction for rape. Singh, who is serving a 20-year sentence, recently saw acquittals in two separate 2002 murder cases by the Punjab and Haryana High Court.
Zoho co-founder Sridhar Vembu argues that predictions of AI's catastrophic outcomes are overstated and a global pause in AI development is improbable. He urges India to adopt an independent AI strategy, focusing on extensive foundational R&D across sectors, while remaining wary of market monopolisation attempts by major tech players. Vembu also highlights concerns about AI's impact on human judgment, skill development, and job markets, particularly for junior professionals.
Mahindra & Mahindra's Q1FY27 results missed consensus estimates due to declining gross margins, but strong demand for its SUV portfolio and strategic price hikes are expected to drive near-term gains, particularly in the auto segment, despite headwinds in farm equipment.
Chief Election Commissioner Gyanesh Kumar is facing significant scrutiny after an investigation revealed objections from his fellow election commissioners, Sukhbir Singh Sandhu and Vivek Joshi, regarding decisions made during the Special Intensive Revision of voter lists. The objections, reportedly made at least 14 times, concerned issues like changes to voter registration forms and centralised control over electoral roll databases, intensifying criticism of Kumar's tenure and the EC's impartiality.
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.
Germany, Netherlands, Sweden and Wales have questioned Infantino's reform pledge, arguing that FIFA needs deeper governance changes, stronger accountability and broader leadership reforms to restore trust.
India's national soft tennis federation is pushing for the sport's inclusion in the 2030 Commonwealth Games in Ahmedabad, following a historic Asian Games medal. Special Advisor Harshang Khodadhara highlighted India's strong global ranking and its position as the leading Commonwealth nation in soft tennis, expressing confidence in winning gold medals if included.
The Union environment ministry's expert panel has approved a fourth underground coal mining project in Madhya Pradesh's Umaria district, close to the vital Bandhavgarh-Achanakmar tiger corridor. These clearances, granted since July, raise concerns about biodiversity and tiger movement, despite conditions for wildlife conservation plans and compensatory afforestation. The projects involve significant forest land diversion and pose risks like land subsidence and habitat disturbance for Schedule-I species.
Indian two-wheeler buyers are increasingly opting for feature-rich, higher-end variants and premium motorcycles, driven by technology, safety, and easier access to finance, according to TVS Motor Company. The company is also exploring alternative electric motor technologies to secure its supply chain amidst growing EV penetration.
