Tata Trusts said amendment in the Maharashtra Public Trusts (Second) Amendment Act of 2025 is prospective in nature and does not affect the appointments of perpetual trustees made prior to its coming into force on September 1, 2025.
If approved, Adanis may have to pay civil penalty of $18 mn
Venu Srinivasan raises the issue of perpetual trustees with Charity Commissioner
The Sir Ratan Tata Trust has six trustees, three of whom are life trustees. Petitioner Suresh Patilkhede claimed that this was ‘contrary to the mandatory statutory limit’ on the number of life trustees.
Despite Vedanta offering a higher overall bid, lenders favoured Adani’s plan for Jaiprakash Associates as it promised a larger upfront payment and a shorter payout timeline, reducing risk and enabling faster cash recovery.
If the RBI rejects the application of Tata Sons, it will have to go for an IPO and list the shares on the stock exchanges
There is a belief within Anthropic that allied democracies need access to defence capabilities against powerful AI models,” a source close to the company said on condition of anonymity.
Riding on strong AI traction, the IT major says its Topaz Fabric platform and AI-first strategy are gaining market momentum.
As per a statement issued by the EOW, the case pertains to a complaint filed by Biblesh Meena, a manager at Solar Energy Corporation of India (SECI).
On Sunday, Tata Trusts said the board of trustees of Bai Hirabai Trust has decided to remove restrictive eligibility clauses and bring them in line with those followed by other Tata group trusts.
“There is a good case for the government to appoint one or two trustees of high standing like former judges or reputed scientists to restore order and credibility,” a trustee, who did not wish to be named, told The Indian Express.
The company’s board approved the plan to buyback up to 60 crore shares, representing 5.7% of the total paid-up share capital.
While constrained supply and higher prices of packaging materials have led to a slower offtake at many production units of these FMCG firms, energy conservation efforts at some of these plants have resulted in underutilised capacity.
“A publicly listed holding company strengthens board accountability, broadens the investor base, and secures long-term value for all stakeholders,” Mistry said. The SP group was looking for an exit from Tata Sons to fund its business plans.
Says IPO will bring transparency and help raise capital for new businesses.
India’s power sector has projected a coal requirement of 906 million tonnes (mt) for the current year, around 10% jump from last year’s consumption of 813 MT, as the country prepares for a peak electricity demand of 270 GW.
Venu Srinivasan, Chairman Emeritus of TVS Motor, stepped down from the Bai Hirabai, following a request from Sharma. However, Vijay Singh declined to quit.
Simultaneously, R Gopalan stepped down from his position as Chairman of the company with immediate effect and will continue as Non-Executive Independent Director, the company said in an exchange filing.
“With profound grief and deep sorrow, we inform the passing of Padma Bhushan Dr. Vijaypat Kailashpat Singhania," said his son Gautam Singhania in a post shared on social media platform ‘X’.
It is also understood that a US-based fund with an Indian-origin founder is learnt to have evinced interest, and could join hands with a domestic partner having operational experience in the telecoms sector.
Reliance Enterprise Intelligence will develop, market, and distribute enterprise AI services, the parent company had said in its press release earlier.
However, there were differences in the board meeting as Tata Trusts Chairman Noel Tata raised concerns over the losses in some of the group companies, the sources said.
The Adani Group said the fresh investment will expand its existing 2 GW data centres capacity to 5 GW.
“The letter stepping down before he comes up for another term on February 11 has been sent to Noel Tata and copied to other trustees of the Sir Dorabjee Tata Trust. It was expected,” a senior Tata group official said.
However, the remaining four major IT companies — Wipro, Infosys, LTIMindtree, and HCL Technologies — have added jobs this year. Infosys led in hiring, increasing its payroll by 13,456 so far in the current financial year.





