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Deborshi Chaki

Senior Editor – Corporate

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.

Estée Lauder doubles down on India as luxury beauty market expands

BUSINESS

Estée Lauder doubles down on India as luxury beauty market expands

The overall beauty market in India is expanding faster than GDP — growing 9–10 percent annually, with prestige beauty up 14 percent and luxury beauty at 16 percent. Estée Lauder holds a leading share across these categories and is now focusing on expanding access through new formats and smaller packs

December deadline: Shapoorji Pallonji faces $1.2 bn debt repayment with Tata Sons stake as collateral

BUSINESS

December deadline: Shapoorji Pallonji faces $1.2 bn debt repayment with Tata Sons stake as collateral

The SP Group may find it challenging to raise funds for the repayment, complicating its efforts to sell its stake in Tata Sons, where it owns a little over 18%.

Explained: Inside Tata Trusts’ Deepening Divide and What It Means for the Stability of the Tata Group

BUSINESS

Explained: Inside Tata Trusts’ Deepening Divide and What It Means for the Stability of the Tata Group

Tata Trusts, which hold a roughly two-thirds (66%) ownership of the main holding company, Tata Sons, are experiencing growing internal conflict among their trustees.

Tata Trusts’ board meetings on October 10 to review funding proposals for healthcare projects

BUSINESS

Tata Trusts’ board meetings on October 10 to review funding proposals for healthcare projects

Unlikely to discuss Tata Sons board positions, say sources

How a decision over Tata International funding deepened the rift among Tata Trusts trustees

BUSINESS

How a decision over Tata International funding deepened the rift among Tata Trusts trustees

Noel Tata, who has helmed TIL since 2010 and been associated with the company for over two decades, has long viewed it as a vital bridge between the Tata Group’s domestic and overseas businesses

NRB Bearings expects GST reforms to aid demand, fast-tracks capacity expansion

BUSINESS

NRB Bearings expects GST reforms to aid demand, fast-tracks capacity expansion

The auto component maker expects the 2025 GST overhaul to spur growth in tractors and two-wheelers, which contribute 40% of its revenue.

Tata Trusts’ power struggle: Sources flag rift over Noel Tata’s authority and possible Tata Sons listing

BUSINESS

Tata Trusts’ power struggle: Sources flag rift over Noel Tata’s authority and possible Tata Sons listing

Ratan Tata, who chaired the Trusts for decades, was known for his sweeping authority. During his tenure, alignment between Tata Trusts and Tata Sons was ensured by the weight of his personal influence

Will continue at the helm, says Sammaan Capital CEO Gagan Banga post-IHC deal

BUSINESS

Will continue at the helm, says Sammaan Capital CEO Gagan Banga post-IHC deal

'The clear mandate to me is to continue to run the company as you are. They are a shareholder backing us with capital, knowledge, and experience but they will operate at the board level,' Banga tells Moneycontrol

Meet the man behind India’s priciest homes: Kamal Khetan’s luxury gamble

BUSINESS

Meet the man behind India’s priciest homes: Kamal Khetan’s luxury gamble

Apartments under Emaance are expected to start at an eye-watering Rs 2.5 lakh per square foot, with ticket sizes crossing Rs 100 crore

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