Venu Srinivasan, trustee of the Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust, and their joint nominee director on the Tata Sons board, has asked the Maharashtra Charity Commissioner for an immediate inquiry into the trust’s administration and governance. He alleged “serious governance lapses” and raised concerns over involvement of the charitable trust … Read more
Tata Trusts has shared a plan to merge two operating companies into Tata Sons, a move meant to remove the Group’s Core Investment Company status, which the main shareholder believes will help it avoid the Reserve Bank of India’s (RBI’s) order to list on a stock exchange. On Monday, Tata Trusts, which owns 65.9% of … Read more
The name is Bond. Treasury bond! The bond is back. And right now, Bond is having a rather consequential moment. The yield of 10-year US Treasuries, or US government bonds, has climbed to 5.18%, its highest since 2007, while the 30-year yield has touched 5.47%, a level not seen in 22 years. For most people … Read more
FIIs unlikely to return in large numbers without new growth engines in India: Bernstein Foreign investors may continue to remain cautious on Indian stocks even after the artificial intelligence (AI) trade peaks, brokerage Bernstein said. It said foreign investors are unlikely to return in large numbers unless India is able to build industries and companies … Read more
Policybazaar parent PB Fintech said the proposed changes to insurance distribution economics could make it harder to justify remaining solely a distributor and increase the attractiveness of entering insurance manufacturing, which would allow it to design, underwrite and sell policies. The company said it would wait for more regulatory clarity on the proposal. “I never … Read more
India is investigating LG Electronics and Samsung for allegedly paying lower tariffs on imported display parts of high-end TVs, five sources told Reuters, putting under scrutiny the premium entertainment devices both South Korean giants have bet big on. Lengthy import tariff and tax investigations have been a sore point for foreign investors in India and … Read more
Sunil Bharti Mittal’s Airtel Money, a digital financial services platform operating across 13 African markets, has announced its plan to list on the London Stock Exchange (LSE).Sources said the company could raise about $800 million from an initial public offering (IPO) and is targeting a valuation of $8 billion to $9 billion – possibly making … Read more
Samsung India Electronics profit declined 36 per cent to ₹7,228.10 crore for the financial year ended March 31, 2026, according to a RoC filing by the consumer electronics major. However, its revenue from operations rose slightly by 1.2 per cent to ₹1.12 trillion in FY26, according to financial data accessed through the business intelligence platform … Read more
As Snapdeal’s parent, AceVector Ltd, heads to the public markets, it wants Gen Z—more than two-thirds of its new customers—to remember little of the Snapdeal that once aspired to be one of India’s biggest e-commerce players. “For them, their perception of Snapdeal is the Snapdeal they see today,” said Rohit Bansal, promoter and joint managing … Read more