‘Parsi-only’ rule in focus: Bai Hirabai Trust to move for change in ‘restrictive’ trustee clauses – Tata Trusts

Tata Trusts on Sunday said trustees of the Bai Hirabai Trust have decided to approach the appropriate authority to amend certain restrictive clauses, such as prohibition of non-Zoroastrians from being…

Intel is making progress. But it isn’t out of the woods yet.

Intel still has a long way to go to reclaim its former glory. The problem is that investors are acting like that’s already happened. The storied chip maker’s stock price…

Ventive Hospitality taps new markets for Maldives hotels

Blackstone-backed Ventive Hospitality Limited (VHL) is tapping new markets in Asia-Pacific region to tide over the impact of West Asia conflict on its international business. The company owns 13 hotels…

SWELECT Energy evaluates entry into wafer manufacturing business

-based listed energy solutions company SWELECT Energy Systems is actively evaluating its entry into the wafer manufacturing business.  In an interview with , Arulkumar Shanmugasundaram, MD and CEO, SWELECT Energy…

China’s Orient Securities Deal to Create $86 Billion Brokerage

Two Shanghai government‑backed brokerages plan to merge in a deal that will create a firm with around $86 billion in assets, underscoring China’s push to consolidate the securities industry as…

ITC bets big on protein-rich foods, eyes fast-growing health segment market

Diversified conglomerate ITC Ltd is amplifying its play in the protein food segment, as part of its strategy to expand in the fast-growing health and wellness space, its Chief Executive…

Evonith Steel to use ₹2,000 cr fundraise to pare debt, complete projects

Evonith Steel will utilize ₹2,000 crore raised from the markets to refinance existing borrowings and support its growth plans, a company official said. While ₹1,750 crore will be used to…

See innovation, education as enabler and catalyst for progress, inclusion: Samsung official

South Korean consumer electronics major Samsung sees innovation and education as both an enabler of progress and a catalyst for inclusion in India, according to its Southwest Asia Corporate Vice…

Tata Trusts initiate process to scrap restrictive clauses in Bai Hirabai Trust deed

: The trustees of Tata Trusts have decided to initiate proceedings before the appropriate authority to alter restrictive clauses governing eligibility of trustees in the Bai Hirabai Jamsetji Tata Navsari…

Nipha Group plans to expand agri machinery business across 20 states, 10 countries

Kolkata-based Nipha Group has launched a brand OneHorn, as part of a push to expand its agriculture machinery business in at least 20 states and 10 countries, including the US…