BUSINESS
Vijay Singh criticises reading of trust deed by Tata Trusts CEO, says legal opinion of former CJI concealed
CEO writes to trustees, disputes concealment charge in eligibility row
BUSINESS
Vedanta’s demerger emerged as a key lender concern in JAL race against Adani
Vedanta is in the process of demerging its business into five listed entities across aluminium, zinc, oil and gas, steel and power.
BUSINESS
Tata Trusts might carry out a fresh evaluation of Chandra’s performance, seek new business plan
Tata Group officials say a majority of Tata Trust nominees need to reapprove the reappointment. They say that a new business plan is needed as earlier presentations made to Tata Trusts in mid-2025 are outdated.
BUSINESS
Mehli Mistry moves charity commissioner over Tata-linked trust board composition
The petition, reviewed by Moneycontrol, raises a broader question over the legal validity of the present board of the Bai Hirabai Jamsetji Tata Navsari Charitable Institution, and not just the non-renewal of Mistry’s term.
BUSINESS
Lakshmi Venu to continue with complete control of Sundaram-Clayton's operations, even as Venu Srinivasan takes up executive chairman role: Sources
Sundaram Clayton company secretary at heart of boardroom drama made a full-time employee after Lakshmi Venu raised governance concerns, according to persons familiar with the matter.
BUSINESS
OPINION | After the Iran war, what changes for India
Iran remains central despite damage; the conflict reshapes, not resolves. Energy access and shifting capital preferences may modestly favour India, even as regional uncertainty persists
BUSINESS
Adani Group plans strategic split of Jaypee assets after insolvency takeover
The deal hands the Adani Group control over a diverse portfolio spanning cement plants, power assets, large land parcels in the Delhi-NCR region, and the Buddh International Circuit, the iconic Formula One racing track
BUDGET
Adani group begins talks to refinance $3.5 billion Ambuja, ACC acquisition loans
The three-year facility, due for repayment later this year, is being refinanced as the group explores funding options including domestic lenders.
BUSINESS
Sanjiv Goenka explores minority stake sale in IPL franchise Lucknow Super Giants
The minority stake sale plan comes amid a rush of global investor interest in acquiring teams such as Royal Challengers Bengaluru and Rajasthan Royals
BUSINESS
Alpha Wave set to acquire Carlyle’s stake in Airtel’s data centre business
Alpha Wave Global is an investor in leading AI firms such as OpenAI, Anthropic and Elon Musk’s xAI
BUSINESS
Aditya Birla teams up with David Blitzer group for consortium bid for Rajasthan Royals' stake
Sources told Moneycontrol that Aditya Birla Group director Aryaman Birla has personally engaged with the Blitzer family this week to discuss the consortium bid.
BUSINESS
Shapoorji Pallonji group lenders likely to rollover $1.2 billion debt
Moneycontrol first reported on October 10 that the Shapoorji Pallonji Group faced about $1.2 billion in debt repayments by December.
BUSINESS
Vellayan Subbiah to exit Cholamandalam Investment Finance as part of Murugappa family settlement
After two years of talks, Murugappa family settlement sees Subbiah exit Cholamandalam and align ownership with Tube Investments and CG Power.
COMPANIES
Tata Sons board defers N Chandrasekaran's reappointment discussion after Noel Tata flags issues
Noel Tata reached out to several trustees to explore whether they would reconsider an earlier unanimous decision by the trusts backing Chandrasekaran’s reappointment, sources said
BUSINESS
TPG signs term sheet with NIIF for a controlling stake in Aseem Infrastructure Finance
Aseem Infrastructure Finance, an RBI-registered NBFC launched in 2020, had a loan book of Rs 17,258 crore at the end of H1 FY26. Its lending strategy is tilted towards renewable energy and other green projects
BUSINESS
The rise and rise of Aspect Realty’s Mohit Kamboj
Originally a jeweller, the politically well-connected Kamboj's move into real estate has been pronounced, under the Aspect Realty brand, with 17 projects across Mumbai, largely through slum rehabilitation
BUSINESS
Kalyan Jewellers flags alleged market manipulation to SEBI, seeks suspension from F&O segment
In the letter sent sometime in 2025, Kalyan said some ‘known and unknown’ entities were resorting to excess speculation in the stock
BUSINESS
Data centres a steady logistics annuity, scale and balance sheet underpin growth, says TCI’s Vineet Agarwal
The multimodal logistics operator is seeing recurring demand from digital infrastructure even as formalisation and manufacturing-linked segments continue to drive volumes, the Transport Corporation of India managing director says
BUSINESS
Kalyan Jewellers targets promoter pledge reduction as strong Q3 lifts margins, profits
Responding to an analyst query, Ramesh Kalyanaraman said the promoters had borrowed funds by pledging shares solely to buy back Kalyan Jewellers’ stake from private equity investor Warburg Pincus, and that this was the only purpose behind the pledging of shares.
BUSINESS
India offers growth certainty in a higher-rate, tougher-exit world: Warburg Pincus CEO Jeffrey Perlman
Warburg is now investing “a few billion dollars a year” in India across private equity, real estate and capital solutions, as part of a diversified, multi-asset strategy, said Perlman
BUSINESS
Warburg Pincus’ India journey built on long-term conviction, says chairman Chip Kaye
Warburg Pincus began investing in India in 1996, when private equity was 'far from an established asset class' and the country was still in the early phase of economic liberalisation.
BUSINESS
No direct boost, Budget turns to structural levers to support consumption
Targeted duty cuts, TCS relief and compliance easing replace direct tax giveaways as government looks to support demand
BUSINESS
From rail to semiconductors, Budget capex enhancement bets on corporate growth
Capital expenditure raised to ₹12.2 lakh crore from ₹11.11 lakh crore last year as government doubles down on infrastructure and manufacturing
BUSINESS
Pramit Jhaveri will not seek reappointment as trustee of Sir Dorabji Tata Trust
Jhaveri has served as a trustee of the Sir Dorabji Tata Trust since February 12, 2020, after being invited to join by the late Ratan Tata, according to the letter.
