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Deborshi Chaki

Senior Editor – Corporate

Mehli Mistry steps down from NCPA board, Tata Trusts’ Vijay Singh replaces him

BUSINESS

Mehli Mistry steps down from NCPA board, Tata Trusts’ Vijay Singh replaces him

Mistry was on the NCPA council as a nominee of the Sir Dorabji Tata Trust and served alongside other Trusts’ representatives, including Jehangir H. Jehangir and Pramit Jhaveri.

Government may seek reconstitution of IndiGo’s board over FDTL fallout

BUSINESS

Government may seek reconstitution of IndiGo’s board over FDTL fallout

The prospect of a government-led relook at IndiGo’s board composition comes at a moment when the airline’s governance structure is under renewed scrutiny, following cancellation of over 3,200 IndiGo flights in the last week

IndiGo’s greatest advantage has now become its biggest crisis trigger

BUSINESS

IndiGo’s greatest advantage has now become its biggest crisis trigger

Industry experts note that IndiGo’s utilisation levels have long been markedly higher than the rest of the market

Mehli Mistry steps down from Ratan Tata founded Small Animal Hospital

BUSINESS

Mehli Mistry steps down from Ratan Tata founded Small Animal Hospital

Mistry’s resignation from the hospital trust follows his ouster in October from the Tata Group’s main trusts — Sir Dorabji Tata Trust and the Sir Ratan Tata Trust — the two key entities that together hold a majority stake in Tata Sons.

SP group promoter entity to redeem NCDs from HNIs, family offices

BUSINESS

SP group promoter entity to redeem NCDs from HNIs, family offices

These non-convertible debentures (NCDs) are part of a bigger round of debt issuance of Rs 14,300 crore. A part of this debt issuance was sold down by banks and wealth managers to high-networth individuals and family offices.

Double-digit price growth phase over, sustainable single-digit rise ahead, says Embassy Developments MD

BUSINESS

Double-digit price growth phase over, sustainable single-digit rise ahead, says Embassy Developments MD

In an interview or Moneycontrol, Aditya Virwani acknowledges that sales velocity has softened but says the broader housing cycle remains intact due to structural demand drivers

Tata Trusts said to weigh Bhaskar Bhat’s nomination to the Tata Sons board, potentially shifting internal power

BUSINESS

Tata Trusts said to weigh Bhaskar Bhat’s nomination to the Tata Sons board, potentially shifting internal power

Bhat, who along with Neville Tata was inducted as a trustee of the Sir Dorabji Tata Trust earlier this month, is widely viewed as being close to Noel Tata.

Embassy to enter Mumbai market with ultra-luxury residential project in Worli in Q4

BUSINESS

Embassy to enter Mumbai market with ultra-luxury residential project in Worli in Q4

With Mumbai topping India’s luxury housing sales and supply tightening in core micro-markets, Embassy’s timing aligns with a cycle favouring premium launches, high-ticket absorption and brand-led differentiation, sources say

Shifting equations inside Tata Trusts put spotlight on Tata Sons’ future

BUSINESS

Shifting equations inside Tata Trusts put spotlight on Tata Sons’ future

Tata Sons listing may fundamentally alter the balance of power that has long shaped the governance of Tata Group, say analysts.

CG Power subsidiary loses key railway supply order after missing delivery deadline

BUSINESS

CG Power subsidiary loses key railway supply order after missing delivery deadline

The order, awarded by Chittaranjan Locomotive Works (CLW) in November 2024, was for supplying Loco Kavach systems under the Developmental Category.

Brookfield’s Nawal Saini says its portfolio is adding 10 percent of India’s incremental green capacity this year

BUSINESS

Brookfield’s Nawal Saini says its portfolio is adding 10 percent of India’s incremental green capacity this year

Brookfield is one of the largest renewable energy platforms globally, with around $140 billion of AUM across solar, wind, hydro, pumped storage, battery storage, sustainable aviation fuel and carbon capture.

Tata Trusts row: Darius Khambata calls ‘coup’ narrative absurd, backs Noel Tata’s leadership

BUSINESS

Tata Trusts row: Darius Khambata calls ‘coup’ narrative absurd, backs Noel Tata’s leadership

In the November 10, 2025, letter, reviewed by Moneycontrol, Khambata says he has been “distressed” by the “spin doctored media narrative” around the meeting and describes the coup insinuation as “absurd”.

Sajjan Jindal taps mutual funds for Rs 6,000 crore financing to fund AkzoNobel India acquisition

BUSINESS

Sajjan Jindal taps mutual funds for Rs 6,000 crore financing to fund AkzoNobel India acquisition

The acquisition is central to JSW Group’s renewed push into the paints business, an area the conglomerate has long viewed as a natural adjacency to its steel and cement portfolio.

Are new battle lines being drawn in the Tata Trusts?

BUSINESS

Are new battle lines being drawn in the Tata Trusts?

Sources told Moneycontrol that Neville was initially expected to join both the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust, the two biggest shareholders of Tata Sons.

Can Tata Steel make Vande Bharat's wheels? MD says a business case is a must

BUSINESS

Can Tata Steel make Vande Bharat's wheels? MD says a business case is a must

The continuous supply of railway wheels has become crucial for the Indian Railways, which is planning to expand the network of its flagship Vande Bharat Express service

Interview: Comfortable with current debt position, says Tata Steel management, even as prices may drop in Q3

BUSINESS

Interview: Comfortable with current debt position, says Tata Steel management, even as prices may drop in Q3

Executive director and chief financial officer Koushik Chatterjee noted during the interaction that the company remains in the comfort zone regarding the debt as well as key metrics such as the net-debt-to-EBITDA ratio

Police remarks and viral hit-and-run footage put spotlight on Mahindra Thar’s brand image

BUSINESS

Police remarks and viral hit-and-run footage put spotlight on Mahindra Thar’s brand image

Experts caution against reverse profiling, national road safety data not model-specific.

Suzlon chasing bigger share in EPC pie, CEO Chalasani sees ‘significant’ export opportunity ahead

BUSINESS

Suzlon chasing bigger share in EPC pie, CEO Chalasani sees ‘significant’ export opportunity ahead

For Suzlon, expanding the EPC business is lucrative as it enables faster project execution, which in turn allows it to secure more orders and increase overall margins.

Majority of trustees vote against Mehli Mistry’s reappointment at Tata Trusts

BUSINESS

Majority of trustees vote against Mehli Mistry’s reappointment at Tata Trusts

Lifetime-tenure rule faces test as trustees reject Mehli Mistry’s renewal, raising legal and governance questions over Tata Trusts’ 2024 framework

Venu Srinivasan, Mehli Mistry set for lifetime trusteeship as Tata Trusts’ 2024 resolution removes tenure limits

BUSINESS

Venu Srinivasan, Mehli Mistry set for lifetime trusteeship as Tata Trusts’ 2024 resolution removes tenure limits

Srinivasan’s reappointment, proposed by Mistry on October 19, is the first implementation of the 2024 framework that institutionalised lifetime terms and endorsed Noel Tata’s leadership structure.

Tata International bondholders seek clarity on redemption of Rs 800-cr bonds

BUSINESS

Tata International bondholders seek clarity on redemption of Rs 800-cr bonds

The question of redemption of these bonds is crucial for TIL, because if the company fails to redeem, it could see interest rate on the instruments rise from 9.1 percent to 12.1 percent - a steep three-percentage-point markup - significantly raising its financing costs and straining cash flows.

Vedanta taps lenders to back Rs 17,000-crore bid for Jaiprakash Associates

BUSINESS

Vedanta taps lenders to back Rs 17,000-crore bid for Jaiprakash Associates

The Anil Agarwal-led group is tapping foreign hedge funds and global investors as it readies funding for the acquisition, which will mark its foray into real estate and cement and strengthen its power generation capacity

Tata International faces a Rs 800 crore bond redemption that risks raising financing cost and strain cash flow

BUSINESS

Tata International faces a Rs 800 crore bond redemption that risks raising financing cost and strain cash flow

With total debt - including perpetual instruments - estimated at over Rs 5,000 crore, any delay or rollover of these bonds could increase TIL’s interest outgo by nearly Rs 24 crore annually, further squeezing liquidity.

India is one of Estée Lauder’s most strategic markets, says CFO Akhil Shrivastava

BUSINESS

India is one of Estée Lauder’s most strategic markets, says CFO Akhil Shrivastava

The Indian market’s scale, digital reach, and appetite for premium and prestige brands make it one of Estée Lauder’s most strategically important geographies for the coming decade, said Shrivastava.

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