Bengaluru | Mumbai: The Tata Sons board succeeded in rebelling against the majority shareholder’s view on on Thursday. But Chandrasekaran’s appointment as a director won’t get majority approval even if…
Category: Companies
Borosil Renewables pilots rooftop solar projects, targets ₹100 crore revenue
has outlined an aggressive strategy to enter the rooftop solar business, also marking its entry into a direct consumer facing industry. The company is expanding downstream from making solar glass…
Shapoorji Mistry urges Tata Trusts to back Tata Sons listing
Mumbai: Shapoorji Mistry, the chairperson of the Shapoorji Pallonji Group, urged all Tata Trustees to back the listing of Tata Sons, saying that could also pave the way for a…
After Fundamentum, AdvaRisk draws interest from Anicut for $20 mn round; early backers eye exit
Mumbai: ICICI Bank-backed startup AdvaRisk, which has been eyeing $20 million in its latest round, is moving closer to finalizing the fundraise with Anicut Capital’s growth fund set to join…
SP Group Chairman Shapoor Mistry backs RBI move on Tata Sons, says listing can boost accountability
, chairman of the SP Group, has welcomed the Reserve Bank of India’s (RBI) decision requiring to comply with regulations governing upper-layer non-bank financial companies (NBFC), PTI reported. In a…
Takeda’s Qdenga dengue vaccine to be distributed in India by Dr Reddy’s in 2027
Japan-headquartered Takeda Pharmaceutical Company will bring its dengue vaccine Qdenga to India through an exclusive distribution agreement with Ltd. This is the country’s first approved dengue vaccine, and is expected…
Zee Entertainment shareholders approve reappointment of five Board of Directors during AGM
Enterprises secured the approval of its shareholders to reappoint 5 Board of Directors, at the Company’s 44th Annual General Meeting (AGM) on Thursday evening. During the proceedings, company leaders also…
Tata Motors to raise vehicle prices by up to 1% from Oct 1
Commercial vehicle maker on Thursday announced it will increase its vehicle prices by up to 1 per cent from October 1. The revision is being undertaken to offset the rise…
HealthKart weighs $300-400 million IPO as nutrition market gains momentum
HealthKart, a fitness supplement brand, is considering an initial public offering to raise as much as $300-400 million (about ₹2800-3,800 crore), three people familiar with the matter said. “The company…
Tata Sons at a crossroads: Why N Chandrasekaran’s reappointment may not end the battle
The Tata Sons board’s decision to reappoint N Chandrasekaran as executive chairman has intensified a growing governance conflict between management and the Tata Trusts, the conglomerate’s principal shareholders. The development…