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.
Veteran industrialist Venu Srinivasan has resigned from the Bai Hirabai Jamsetji Tata Navsari Charitable Institution, following a challenge to his appointment by a former trustee.
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 Supreme Court has agreed to hear a plea on May 29 seeking a direction to the Nagpur Parsi Panchayat to treat a Parsi woman equally with her male counterparts, even after she marries a person of another faith, challenging a rule that allegedly strips Parsi women of their religious identity upon inter-faith marriage.
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.
The Supreme Court of India has agreed to examine a constitutional challenge regarding gender discrimination within Parsi personal law, specifically focusing on whether a Parsi woman loses her religious identity upon marrying outside the community.
Bringing an end to the speculation around Mehli Mistry's trusteeship in the Tata Trusts, the former trustee has officially parted ways with the Tata group, ANI has learned from sources close to Mistry.
Four persons were booked in Maharashtra's Beed district for collecting more than Rs 4 crore fraudulently claiming it was to support Palestine amid the war with Israel, a police official said on Thursday.
The Deenanath Mangeshkar Hospital in Pune, India, has stopped taking deposits from patients at the emergency department after a pregnant woman died after being turned away for non-payment. The hospital faced intense criticism following the incident, which involved the wife of a BJP MLC's personal secretary. The woman was shifted to another hospital where she died after delivering twins.
The Maharashtra government has ordered a probe into the death of a pregnant woman after a hospital in Pune allegedly denied her admission due to non-payment of Rs 10 lakh as advance deposit. The woman, Tanisha Bhise, died after giving birth to twin girls at another hospital. The incident sparked protests outside the Deenanath Mangeshkar Hospital, with opposition parties alleging negligence and demanding action against the hospital.
Close on the heels of his indictment by the Comptroller and Auditor General, Maharashtra minister Chhagan Bhujbal has come under the lens of the office of the Charity Commissioner which has ordered inspection of a building owned by his family-run trust for violation of rules.
The three non-compliant units will not have any voting rights in case there is an election during the BCCI AGM.
The incident occurred when devotees were scrambling to gain entry into Sant Dnyaneshwar Maharaj Samadhi Mandir in Alandi town, 22 km from Pune city, during the ceremonial procession which is part of the annual Ashadhi Ekadashi pilgrimage to Pandharpur.
The cheque for the full amount has been returned to the fund's kitty, days after the opposition slammed the move given the acute drought in the state.
The sanction of Rs 8 lakh from Maharashtra Chief Minister's Relief Fund for a dance troupe's visit to Thailand has sparked a row with the opposition questioning the BJP-led government's "priorities" at a time when the state is reeling under severe drought.
"There are around 1,600 parties in the country but very few of them work on principles of internal democracy. The BJP is the only party where internal democracy is practiced effectively and I am proud of it," Shah said in Mumbai.
Fadnavis, who on Tuesday favoured a dialogue on the issue in the wake of a tense showdown, did not make any comment on the set of demands before leaving the venue.
"He (Modi) is concerned more about corporates than farmers," Hazare told PTI in an interview in Latur.
Nitin Gadkari's move to get Raj Thackeray's support in the Lok Sabha elections has boomeranged. Uddhav Thackeray is angry and Gadkari and Raj Thackeray risk losing credibility. The move may help the Congress-NCP alliance, feels Neeta Kolhatkar.
'This is the only country where success seems to be viewed as a bad thing.' 'Other governments and countries go out of their way to protect a successful organisation. Here we find ways of destroying it.'
Here is the full transcript of Congress vice president and Lok Sabha poll campaign chief Rahul Gandhi's first formal TV interview with Times Now Editor-In-Chief Arnab Goswami.
