Any change in the Tata Group’s structure that makes a clear controlling entity less obvious or weakens the holding company’s credit profile may impact the outlook of the group’s credit quality, and thereby, individual ratings, rating agency S&P said on Tuesday. The leadership transition or changes in the group structure or stakeholder priorities may raise … Read more
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 Reserve Bank of India has directed Tata Sons Pvt. Ltd. to go for an IPO after rejecting its two-and-a-half-year-old application to surrender its registration as a core investment company, marking a new challenge for Tata Trusts chairman Noel Tata, who had lobbied hard to keep the group’s holding company private. In a letter dated … Read more
India’s non-banking financial companies (NBFCs) are likely to maintain steady growth in the near to medium term, with credit demand remaining healthy despite geopolitical uncertainties, according to brokerage firm 360 ONE Capital.The brokerage said management teams have retained their FY27 and medium-term growth guidance, while asset quality is expected to remain broadly stable.However, pressure on … Read more
Signs of delay in loan repayment has started to emerge in some segments of business loans even as the overall number suggests higher asset quality. Unsecured business loans to MSME companies which are due for payment for more than 90 days (90+DPD), constituted 7.2% of the total unsecured outstanding business loans, as of March 2026, … Read more
About two months ago, CEO Sachinder Bhinder was asked to leave by CVC Capital Partners, the majority stake owner in Aavas. Now, the Chief Financial Officer (CFO) Ghanshyam Rawat and Chief Risk Officer (CRO) Ashutosh Atre have tendered their resignations. In similarly worded letters, both have cited personal reasons for the resignation. These are two … Read more
Pirojsha Godrej is taking control of the Godrej Industries group. He will succeed Nadir Godrej as Chairperson of the Godrej Industries Group and Godrej Industries Limited, effective August 14, 2026. Pirojsha will also continue to serve as Chairperson of Godrej Properties, Godrej Capital, and Godrej Ventures. With this change, there is general expectation of an aggressive growth … Read more