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The Tata Sons board has approved a fresh five-year term for chairman N. Chandrasekaran despite opposition from Tata Trusts chairman Noel Tata. The decision followed a dramatic boardroom vote in which Noel Tata's opposing vote was rejected while Venu Srinivasan's supporting vote was accepted, clearing the way for Chandrasekaran's third term amid ongoing regulatory challenges for Tata Sons. India stands firm on Russian oil amid US tariff threat India has reaffirmed that its energy sourcing decisions will be guided by national interest, not external pressure, as the US moves closer to imposing sanctions related to Russian and Iranian energy trade. New Delhi has cautioned that any action targeting India could have implications for bilateral ties and global energy markets. NSE IPO opens with valuation in focus The National Stock Exchange's much-awaited IPO opened for subscription on Thursday, with shares priced between ₹1,700 and ₹1,785. The issue was 42 per cent subscribed on day one, led by retail and high-net-worth investors. The offer is entirely an offer for sale, meaning the exchange will not receive proceeds from the issue. Govt allays fears over UPI payments after MDR levy The government has sought to reassure users and merchants that UPI transaction volumes will remain stable after the Merchant Discount Rate comes into effect from October 15. Officials said only around 4 per cent of transaction volumes are expected to be affected and argued that the move strengthens India's digital payments sovereignty while reducing dependence on foreign payment networks. (Research and VO: Siddharth Mathew Cherian)
The Tata Sons story has taken a fresh turn, with the RBI's regulatory decision bringing the long-pending listing question back into focus. Tata Group stocks reacted positively, with several counters seeing strong gains amid expectations of greater value unlocking and clarity around Tata Sons. Meanwhile, a proposed US Russia sanctions bill could have implications for countries such as India because of their continued trade and energy ties with Russia. What could this mean for Indian companies, crude oil and the broader economy? With Tata stocks gaining and the broader market attempting a recovery, the key question is: Is this the beginning of a market bounceback, or just a temporary relief rally? In this episode, we decode the Tata Sons developments, the US Russia Bill, its potential impact on India and the factors driving the latest market movement.
Today's stock market news covers the key global and Indian market developments, including the US Fed rate hike, US 10-year bond yield crossing 5%, falling crude oil prices, Saudi pipeline disruption, Russia-Iran sanctions, NSE's ₹6,746 crore anchor book, Tata Sons IPO valuation and the impact of UPI MDR on Paytm and Pine Labs.
Bond yields hit 7.10% as crude spike, RBI OMO sales and rupee weakness trigger market selloff RBI files caveat in Tata Sons listing dispute to safeguard its regulatory position India's August exports surge 26.13%; trade deficit narrows to $26.86 billion Government says 96% of UPI merchant transactions remain charge-free; panel to decide MDR on payments above ₹2,000 Markets tumble as bond yields hit 7.10% amid crude spike, RBI OMO sales and rupee weakness Indian markets witnessed one of their sharpest declines in recent months on Tuesday, weighed down by a combination of rising crude oil prices, soaring global bond yields and continued weakness in the rupee. Investor sentiment deteriorated through the day as concerns mounted over inflationary pressures and tighter financial conditions. The BSE Sensex plunged 777.94 points, or 1.04 per cent, to close at 74,003.82, after touching an intraday high of 75,436.44. The NSE Nifty 50 lost 279.50 points, or 1.19 per cent, to end at 23,118.60, its lowest closing level since April 6, 2026. The index also witnessed a sharp reversal from its intraday high of 23,592.85. The selloff extended beyond benchmark indices. The Nifty Midcap 100 declined 2.1 per cent, while the Smallcap 100 dropped 2.4 per cent, marking the steepest single-day fall for both indices since May 12. The market weakness came as bond yields moved higher, with investors closely tracking RBI open market operation sales, elevated crude prices and developments in global debt markets. RBI moves early to protect its position in Tata Sons listing dispute In another significant development, the Reserve Bank of India has taken a proactive legal step in the Tata Sons listing dispute. According to reports, the central bank has filed a caveat in the Bombay High Court after rejecting Tata Sons' request to surrender its Core Investment Company registration. The move is intended to ensure that the RBI has an opportunity to present its arguments before any court grants interim relief to Tata Sons or any other party challenging the regulator's decision. The development follows the RBI's decision to reject the company's application to exit the regulatory framework governing upper-layer non-banking financial companies. By retaining Tata Sons' status as an Upper Layer NBFC, the RBI has kept the company subject to stricter regulatory requirements, including the possibility of a public listing. Legal experts describe the caveat as a precautionary measure designed to prevent any interim order from being issued without first hearing the regulator's position. India's exports jump 26.13% in August; trade deficit narrows to $26.86 billion Meanwhile, fresh trade data offered some positive news for the economy. India's goods exports registered strong growth in August 2026, rising 26.13 per cent year-on-year to $43.81 billion, compared with $34.74 billion in August 2025. The growth marks the strongest export performance recorded so far in the current fiscal year. Imports also increased during the month, rising 14.1 per cent to $70.67 billion. However, the pace of import growth remained lower than that of exports, helping narrow the country's trade deficit to $26.86 billion from $27.2 billion a year earlier. The strong export performance was led by sectors such as engineering goods, petroleum products and textiles, highlighting continued resilience in key export industries despite a challenging global environment. No charges on UPI transactions up to ₹2,000; government yet to decide on MDR for higher-value payments Rounding out the day's developments, The government has defended the proposed UPI Merchant Discount Rate framework, highlighting that 96 per cent of person-to-merchant UPI transactions are below ₹2,000 and will remain charge-free. While consumers and person-to-person UPI users will continue to pay no transaction fees, a panel comprising financial institutions and NPCI will decide on charges, if any, for merchant transactions above ₹2,000. The clarification follows a government notification safeguarding free UPI and RuPay debit card transactions up to the ₹2,000 threshold. (Research and VO: Siddharth Mathew Cherian)
The stock market witnessed selling pressure, but the IT sector helped limit the downside. What drove the IT stocks higher, and can this support continue in the days ahead? Meanwhile, the Tata Sons dispute is heading to court, putting the spotlight on the Tata Group and its next legal battle. What could be the implications for investors? In this episode, we look at the key sectors to watch this week, market trends, IT's performance, the Tata Sons case and the factors that could influence the market's next move.
Get your daily stock market news for 15th September 2026. Today we cover RBI mandating Tata Sons' public listing, Saudi Arabia shutting its key East-West pipeline, and Asian AI stocks sliding. We also analyze India's August CPI and WPI prints, India-EU FTA auto quotas, Solar Industries' $1.36B Omnia acquisition, HDFC Bank's CEO shortlist, and UltraTech's disruption in wires and cables.
First, we speak to The Indian Express' Diplomatic Affairs Editor Shubhajit Roy about the New Delhi Declaration adopted at the BRICS Summit, how India bridged divisions over the West Asia war, and what the document reveals about the grouping's expanding global ambitions.Next, we speak to The Indian Express' Damini Nath about Raghav Chadha's removal from Punjab's draft electoral roll and subsequent reappearance in Delhi, the questions surrounding his registration, and what the case reveals about the ongoing Special Intensive Revision process. (17:40)And in the end, we look at why Tata Sons may be pushed towards a public listing after the RBI rejected its request to surrender its registration, and how differences among major shareholders could shape what may become one of India's most consequential IPOs. (30:00)Hosted by Ichha SharmaProduced and written by Shashank Bhargava and Ichha SharmaEdited and mixed by Suresh Pawar
BRICS Summit: Weaponisation of tech, critical minerals could hinder shared progress, warns Modi Prime Minister Narendra Modi on Sunday warned that the weaponisation of technology and critical minerals could become a hurdle to shared progress, and called on BRICS countries to ensure inclusive access to technology while pursuing growth that balances development with environmental sustainability. Modi said the grouping needed to strengthen resilience and ensure that the benefits of solutions developed within BRICS were also adaptable and accessible to countries of the Global South, addressing a session on “Resilience, Innovation, Cooperation and Sustainability: Shaping the Future for Inclusive Global Growth” at the BRICS Summit in New Delhi. “The weaponisation of technology and critical minerals can become a hurdle in our shared progress. Therefore, we have emphasised inclusivity in technology adoption,” Modi said. India steers BRICS to consensus on trade, coercive measures amid West Asia rift India pulled off a critical diplomatic balancing act at the BRICS Summit on Saturday, securing consensus among all 11 member nations on a joint declaration that voices serious concern over the rise of “unilateral tariff and non-tariff measures” running contrary to WTO rules, and resolves to strengthen the multilateral trade body. Negotiators worked through the night to bridge deep rifts between Iran and the UAE over the West Asia conflict to arrive at language acceptable to all, sources close to the development said. The resulting New Delhi Declaration condemns unilateral coercive measures as violations of international law, calls for protecting global trade, energy flows and supply chains, demands an end to the blockade against Cuba, and voices concern over escalating tensions in West Asia, while avoiding direct mention of specific countries. HDFC Bank's board shortlists two candidates for top position Fast-tracking the process for selection and appointment of Sashidhar Jagdishan's successor, HDFC Bank's board on Saturday shortlisted two candidates whose names will be submitted to the RBI for approval. While the bank did not disclose the names, market participants indicate that the shortlist may have emerged from a pool including Paresh Sukthankar, K Balasubramanian, Vishaka Mulye, Jimmy Tata and Vibha Padalkar. The board also approved the creation of an additional Whole-Time Director position to strengthen succession planning, appointed Jimmy Tata as Executive Director, and re-appointed V Srinivasa Rangan as Executive Director. Tata Sons faces pressure to list after RBI rejects its de-registration as a core investment company Tata Sons Private Ltd will have to prepare for a stock market listing after the Reserve Bank of India rejected its application for de-registration as a Core Investment Company. The decision means Tata Sons will continue to remain on the RBI's list of Upper Layer Non-Banking Financial Companies, a classification that requires listing on stock exchanges. The development follows the RBI's August 6 release of the NBFC-UL list, which included Tata Sons while noting that its de-registration application was under examination. The move comes amid leadership developments within the Tata Group, including Noel Tata's growing influence through Tata Trusts and N Chandrasekaran's decision to step down as Chairman of Tata Sons when his term ends in February 2027. (Research and VO: Siddharth Mathew Cherian)
First, we speak with The Indian Express' Anonna Dutt about a bill being brought by the government to replace the Drugs and Cosmetics Act,1940. She talks about the bill, why it requires an overhaul and why the Association of Indian Medical Device Industry is opposing the new bill. Next, we speak with The Indian Express' Ishika Gupta about Maharashtra's new bike and taxi rules and how they will impact food delivery and quick commerce platforms which initially operated largely under central consumer and social security laws. (11:19)Lastly, we talk about Tata Trusts starting the process of finding a successor to N Chandrasekaran, who will step down as chairman of Tata Sons when his current term ends in 2027. (18:50)Hosted by Niharika NandaProduced by Shashank Bhargava, Ichha Sharma, and Niharika NandaEdited and mixed by Suresh Pawar
N Chandrasekaran’s decision not to seek another term as Tata Sons chairman brings an extraordinary year of tensions inside the Tata Group to a head. Behind the succession question lies a deeper struggle over how Tata Trusts exercises control over Tata Sons, how much capital the group should commit to businesses such as Air India, digital and semiconductors, whether Tata Sons should remain private, and how the Shapoorji Pallonji Group gets liquidity from its stake. Anirban Chowdhury speaks to governance experts Amit Tandon, founder and MD IiAS and Shriram Subramanian, founder and MD, InGovern about what Chandra leaves behind and the problems awaiting Tata’s next chairman. Listen in You can follow Anirban Chowdhury on his social media: X and LinkedinCheck out other interesting episodes like - Cognizant’s Surya Gummadi on How AI Can Deliver Returns, The Future of Insurance in India | Sarbvir Singh of PB Fintech, Groww’s ₹6,600 Cr Leap - Fintech’s Big Market Test Begins , OML CEO on the Creator Economy’s Next Wave & much more. Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.
#stockmarket #finance #investing #usinflation #jiocredit #airtel #tatamotors #apollohospitals #embassyreit #lenskart #rbi #tatasons #ndrinvit #astral #businessnewsUS CPI cools to 3.4% as markets eye the Fed's next move. India's July retail inflation ticks up to 4.45%. BofA unit acquires a 49.9% stake in Jio Credit for $1.9B, while Airtel hikes tariff plans. Plus, N Chandrasekaran to step down from Tata Sons in 2027, NDR InvIT files for a ₹750 Cr IPO, and Q1 results from Tata Motors, Apollo Hospitals, Lenskart, and Astral!https://shorturl.at/ZlJ11Book your seat for Delhi Sessionhttps://shorturl.at/gM97lHow to Use Artificial Intelligence for Investing - Combo of 5 ebookshttps://shop.investyadnya.in/pages/global-portfolio-methodologyInvest in Investyadnya's Global Equity Portfolio00:00 Start01:23 US Inflation & Fed Rate Expectations03:57 Strait of Hormuz & Red Sea Conflicts06:58 Trump Sued Over Truth Social07:29 India Retail Inflation Hits 4.45pc08:37 Tata Sons Chairman Succession11:17 Embassy REIT Enters Nifty 50012:01 BofA Arm Buys 49.9% in Jio Credit12:58 Airtel Withdraws Prepaid Plans13:35 NDR InvIT Files ₹750 Cr Public IPO14:15 Tata Motors Q1 FY27 Results15:34 Apollo Hospitals Q1 FY27 Results16:29 Lenskart Q1 FY27 Results17:06 Astral Ltd Q1 FY27 Results17:55 Knowledge Section
Headline news for August 13, 2026: US President Donald Trump said the United States is in full control of the Strait of Hormuz, while Iran says no progress in talks to revive the interim agreement. Tata Sons’ Chairman N. Chandrasekaran to step down in February next year. US inflation data remained unchanged, increasing 0.1% largely contained in July. Synopsis: A round up of global headlines to start your day by The Business Times. Written by: Nicole Teo (nicolet@sph.com.sg) Produced and edited by: Claressa Monteiro or Nicole Teo Produced by: BT Podcasts, The Business Times, SPH Media Produced with AI text-to-speech capabilities --- Follow Lens On Daily and rate us on: Channel: bt.sg/btlenson Amazon: bt.sg/lensam Apple Podcasts: bt.sg/lensap Spotify: bt.sg/lenssp YouTube Music: bt.sg/lensyt Website: bt.sg/lenson Feedback to: btpodcasts@sph.com.sg Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. Discover more BT podcast series: BT Mark To Market at: bt.sg/btmark2mkt WealthBT at: bt.sg/btpropertybt PropertyBT at: bt.sg/btmktfocus BT Money Hacks at: bt.sg/btmoneyhacks BT Market Focus at: bt.sg/btmktfocus BT Podcasts at: bt.sg/podcasts BT Lens On: bt.sg/btlensonSee omnystudio.com/listener for privacy information.
The latest US inflation data is out, but with the cost of living still a major concern for households, how are Americans feeling about their finances? Plus, Colombia's new president is set to declare an economic emergency after Monday's devastating 7.4-magnitude earthquake. And the chairman of Tata Sons, the holding company of India's vast Tata conglomerate, is stepping down when his term ends next February, after failing to secure board backing for another term.
Een kwartaal om door een ringetje te halen! ABN maakte meer winst, zag het rendement op het eigen vermogen toenemen, de buffers stijgen en de kosten zakken. Het was bovendien allemaal veel beter dan waarop analisten hadden gerekend. En de aandeelhouder? Die is blij, want het dividend gaat omhoog. Deze aflevering hebben we het over het succes van ABN. Waar doet de bank het goed en waar kunnen ze het nóg beter doen? Ook gaat het over de buffers van de bank. Die staan er zo goed voor, dat ze op overnamepad kunnen. Moeten ze dat ook doen? Verder duiken we in de wereld van cloudverhuur. We hebben het over een Amerikaanse hit, CoreWeave. De omzet verdubbelde en beleggers duiken op het aandeel. Een klein probleempje: het maakt nog altijd geen winst. Winst was er ook voor het Noorse staatsfonds, de grootste belegger van de wereld. In de eerst helft van het jaar een keurige 186 miljard dollar winst! Ook laten de Noren weten hoeveel aandelen ze precies in SpaceX hebben. Hello Kitty, jawel, komt ook nog voorbij deze aflevering. Je hoort wat de link tussen dit schattige wezentje en president Trump is. Te gast: Martine Hafkamp van Fintessa Vermogensbeheer BNR Beurs is een journalistiek onafhankelijke productie, mede mogelijk gemaakt door Saxo. Over de makers: Jelle Maasbach is presentator van BNR Beurs en freelance financieel journalist. Zijn favoriete aandeel om over te praten is Disney, maar daar lijkt hij de enige in te zijn. Sinds de eerste uitzending van BNR Beurs is 'ie er bij. Maxim van Mil is presentator van BNR Beurs en journalist bij BNR, waar hij zich focust op de financiële markten en ontwikkelingen in de tech-wereld. Je krijgt hem het meest enthousiast als hij kan praten over ASML, of oer-Hollandse bedrijven zoals Ahold of ABN Amro. Jorik Simonides is presentator van BNR Beurs, economieredacteur en verslaggever bij BNR. Hij wordt er vooral blij van als het een keer níet over AI gaat. Je hoort hem ook in de BNR-podcast Moerdijk: dorp van de rekening. Milou Brand is presentator van BNR Beurs, freelance podcastmaker en columnist bij het Financieele Dagblad. Jochem Visser is presentator van BNR Beurs, maakt Beursnerd XL en is redacteur bij de podcast Onder Curatoren. Vraag hem naar obscure zaken op financiële markten en hij vertelt je waarom het eigenlijk nóg leuker is dan je al dacht. Over de podcast: Met BNR Beurs ga je altijd voorbereid de nieuwe beursdag in. We praten je in een kleine 25 minuten bij over alle laatste ontwikkelingen op de handelsvloer. We blijven niet alleen bij de AEX of Wall Street, maar vertellen je ook waar nog meer kansen liggen. En we houden het niet bij de cijfers, maar zoeken ook iedere dag voor je naar duiding van scherpe gasten en experts. Of je nu een ervaren belegger bent of net begint met je eerste stappen op de beurs, de podcast biedt waardevolle inzichten voor je beleggingsstrategie. Door de focus op zowel de korte termijn als de lange termijn, helpt BNR Beurs luisteraars om de ruis van de markt te scheiden van de essentie.See omnystudio.com/listener for privacy information.
On Episode 946 of The Core Report, financial journalist Govindraj Ethiraj talks to Hetal Dalal, COO at Institutional Investor Advisory Services (IiAS), as well as Amit Purohit, FMCG Analyst at Elara Securities.SHOW NOTES(00:00) Stories of the Day(01:00) Tata Sons Chairman N Chandrasekaran Resigns, Group Stock Prices Fall(04:21) Higher Food Prices Push Up Inflation To 4.45%(05:31) Russia Is Importing Petroleum Products From India(07:36) What Should Tata Group Company Shareholders Be Looking Out For? (14:15) A CEO Resignation At Godrej Highlights The Larger Challenges In India's Consumer Products MarketEVENT: Spotify x The Core's "Building Wealth for a Longer Life" with Saurabh Mukherjea of Marcellus Investment Managers. Register HereFor more of our coverage check out thecore.inSubscribe to our NewsletterFollow us on:Twitter | Instagram | Linkedin | Youtube
In this episode of Tech3, we look at N Chandrasekaran's decision to step down as Tata Sons chairman and what it could mean for TCS, Tata Digital and the group's newer bets. We also track Accel's $550 million India fund, Cursor's plans for its first India office and Lenskart's sharp rise in quarterly profit, driven by stronger revenue growth, higher eye tests and a modest increase in average selling prices.
Een kwartaal om door een ringetje te halen! ABN maakte meer winst, zag het rendement op het eigen vermogen toenemen, de buffers stijgen en de kosten zakken. Het was bovendien allemaal veel beter dan waarop analisten hadden gerekend. En de aandeelhouder? Die is blij, want het dividend gaat omhoog. Deze aflevering hebben we het over het succes van ABN. Waar doet de bank het goed en waar kunnen ze het nóg beter doen? Ook gaat het over de buffers van de bank. Die staan er zo goed voor, dat ze op overnamepad kunnen. Moeten ze dat ook doen? Verder duiken we in de wereld van cloudverhuur. We hebben het over een Amerikaanse hit, CoreWeave. De omzet verdubbelde en beleggers duiken op het aandeel. Een klein probleempje: het maakt nog altijd geen winst. Winst was er ook voor het Noorse staatsfonds, de grootste belegger van de wereld. In de eerst helft van het jaar een keurige 186 miljard dollar winst! Ook laten de Noren weten hoeveel aandelen ze precies in SpaceX hebben. Hello Kitty, jawel, komt ook nog voorbij deze aflevering. Je hoort wat de link tussen dit schattige wezentje en president Trump is. Te gast: Martine Hafkamp van Fintessa Vermogensbeheer BNR Beurs is een journalistiek onafhankelijke productie, mede mogelijk gemaakt door Saxo. Over de makers: Jelle Maasbach is presentator van BNR Beurs en freelance financieel journalist. Zijn favoriete aandeel om over te praten is Disney, maar daar lijkt hij de enige in te zijn. Sinds de eerste uitzending van BNR Beurs is 'ie er bij. Maxim van Mil is presentator van BNR Beurs en journalist bij BNR, waar hij zich focust op de financiële markten en ontwikkelingen in de tech-wereld. Je krijgt hem het meest enthousiast als hij kan praten over ASML, of oer-Hollandse bedrijven zoals Ahold of ABN Amro. Jorik Simonides is presentator van BNR Beurs, economieredacteur en verslaggever bij BNR. Hij wordt er vooral blij van als het een keer níet over AI gaat. Je hoort hem ook in de BNR-podcast Moerdijk: dorp van de rekening. Milou Brand is presentator van BNR Beurs, freelance podcastmaker en columnist bij het Financieele Dagblad. Jochem Visser is presentator van BNR Beurs, maakt Beursnerd XL en is redacteur bij de podcast Onder Curatoren. Vraag hem naar obscure zaken op financiële markten en hij vertelt je waarom het eigenlijk nóg leuker is dan je al dacht. Over de podcast: Met BNR Beurs ga je altijd voorbereid de nieuwe beursdag in. We praten je in een kleine 25 minuten bij over alle laatste ontwikkelingen op de handelsvloer. We blijven niet alleen bij de AEX of Wall Street, maar vertellen je ook waar nog meer kansen liggen. En we houden het niet bij de cijfers, maar zoeken ook iedere dag voor je naar duiding van scherpe gasten en experts. Of je nu een ervaren belegger bent of net begint met je eerste stappen op de beurs, de podcast biedt waardevolle inzichten voor je beleggingsstrategie. Door de focus op zowel de korte termijn als de lange termijn, helpt BNR Beurs luisteraars om de ruis van de markt te scheiden van de essentie.See omnystudio.com/listener for privacy information.
#stockmarket #finance #investing #trent #heromotocorp #gobardhan #coalindia #tatasons #britannia #crudeoil #usiran #spacex #rbi #nifty50 #businessnewsCatch today's market updates! Iran proposes Hormuz restrictions as US markets fluctuate with SpaceX lockup expiry. India approves the ₹23,731 Cr GOBARdhan CBG scheme, Coal India enters iron ore mining, and Tata Sons remains on RBI's NBFC-UL list. Plus, strong Q1 FY27 results from Trent, Hero MotoCorp, Britannia, Crompton, and Muthoot Microfin!https://shorturl.at/ZlJ11Book your seat for Delhi Sessionhttps://shorturl.at/gM97lHow to Use Artificial Intelligence for Investing - Combo of 5 ebookshttps://shop.investyadnya.in/pages/global-portfolio-methodologyInvest in Investyadnya's Global Equity Portfolio00:00 Start00:51 Iran Proposes Hormuz Passage Plan03:13 US Markets update03:46 Ukraine Strikes Russian Refineries04:57 BP India Urges Energy Storage Boost06:07 Cabinet Approves ₹23,731 Cr GOBARdhan Scheme07:37 Coal India Enters Iron Ore Mining08:10 Tata Sons Kept in RBI NBFC-UL List09:23 Trent Q1 FY27 Results10:03 Hero MotoCorp Q1 FY27 Results10:53 Muthoot Microfin Q1 FY27 Results11:24 Crompton Greaves Q1 FY27 Results12:09 Britannia Industries Q1 FY27 Results13:10 Knowledge Section
From Meta's apology over the temporary removal of Prime Minister Narendra Modi's Facebook video and Hindustan Unilever's profit decline, to the Delhi High Court ordering the winding up of Paytm Payments Bank and Tata Sons extending Air India's turnaround timeline, here are the key developments shaping business, technology, markets and policy today.
Good Morning, I'm Nelson John. Today on Top of the Morning: the RBI quietly hands Tata Sons a reprieve from a forced IPO. India finalises its satellite internet rulebook and drops the local sourcing rule for Starlink and rivals. The country's shipbuilding push starts pulling in real orders from global names. The E20 fuel scare turns out to be a story about your insurance fine print, not your fuel tank. And a tax tribunal shows the clubbing rule can actually work in your favour. Learn more about your ad choices. Visit megaphone.fm/adchoices
The Tata Trusts are facing fresh turbulence, with former trustee Mehli Mistry challenging his removal and key governance decisions even as the trusts prepare for a crucial Tata Sons board meeting. India is also pushing for inclusion in Bloomberg's global bond index after easing foreign investor access to government securities. At TCS, AI has emerged as both a growth engine and a hiring disruptor. Elsewhere, Zepto's IPO filings reveal investor exits and founder conviction, Indian pharma eyes opportunities from a Pentagon move, SBI outlines its listing roadmap, fintechs revive credit-card rent payments, courts grapple with a surge in travel requests for under trials, and MC Insider tracks succession, healthcare dealmaking and private-equity exits.
What can India's space-tech startups learn from SpaceX's blockbuster IPO filing? In this episode of Tech3, we unpack the lessons from SpaceX's shift beyond rockets into connectivity, AI and digital infrastructure. We also look at how digital lenders such as Aye Finance, KreditBee, Kissht and Slice are returning to growth after a prolonged industry reset. Plus, Turtlemint is preparing for its IPO launch amid a busy startup listing pipeline, and Tata Trust to review investment-heavy businesses including Air India, Tata Digital and Tata Electronics ahead of a key Tata Sons board meeting later this week.
Noel Tata writes to RBI explaining why Tata Sons listing could be detrimental to the holding company's mission. Aditya Birla Renewables may have emerged as the front-runner to acquire Shell Plc's Indian renewable energy platform Sprng Energy. Madhya Pradesh government's experiment with faith financing could draw investors into temple redevelopment programs. Meanwhile, India's airlines are trying to expand abroad, but geopolitical turbulence is making that task tougher. And finally, RCB's win may introduce a new crop of brand ambassadors with Rajat Patidar and Krunal Pandya becoming two of the IPL's biggest commercial beneficiaries. Tune in for all this and more on this episode of Editor's Picks with Nalin Mehta.
A crucial round of Tata Trusts meetings has been postponed, delaying discussions around N Chandrasekaran's reappointment and the possible listing of Tata Sons. Meanwhile, India is pushing for advanced AI models such as Anthropic's Claude Mythos to be hosted domestically amid concerns over sensitive sector usage. Quick commerce startup Zepto has received Sebi approval for its IPO and could hit the markets within 60-90 days. The government is also exploring securitisation of TReDS invoices to improve MSME cash flows and unlock financing for smaller receivables. Separately, exports to the Gulf plunged 58% in March as the West Asia conflict disrupted shipping and hit industrial shipments hard. Tune in for everything making headlines on the day's Moneycontrol Editor's Picks.
Fault lines within the Tata Trusts are widening as Venu Srinivasan and Vijay Singh exit the Tata Education and Development Trust ahead of a crucial board review at Tata Sons. Meanwhile, AI-driven optimism is powering a surge in Asian tech stocks, bringing markets like Taiwan and South Korea closer to India's valuation. In the tech sector, Freshworks plans to cut 11% of its workforce amid mounting pressure on global SaaS firms. India is also stepping up its regulatory response, preparing a financial sector cybersecurity framework to counter AI-led threats. On the manufacturing front, China's Midea Group is moving ahead with an India joint venture after eased FDI norms. As summer travel demand rises, more passengers are opting for buses over flights on shorter routes due to rising airfares. Tune in for all this and more in the day's edition of Moneycontrol Editor's Picks.
India Inc is in the middle of a major transformation. Sun Pharma has acquired US-based Organon in the biggest-ever overseas deal by an Indian drugmaker. Tata Trusts are set to hold a crucial meeting on May 8, where issues such as a fresh term for N Chandrasekaran, the possible listing of Tata Sons, and governance matters may come up for discussion. Despite the West Asia war, early fourth-quarter earnings have surprised positively, with revenue growth hitting a three-year high and profits reaching a five-quarter peak. In capital markets, Acko is preparing for an IPO at a valuation of $2-2.5 billion. At the same time, AI-led disruption is reshaping IT and banking, driving stronger deal wins but also leaner hiring. Also inside: the surge in instant home services and how consumers are taking to them.
In this edition of Moneycontrol Editor's Picks: Tata Trusts gear up for key meetings ahead of a crucial board decision on N Chandrasekaran's reappointment and Tata Sons' listing. Meanwhile, global energy tensions intensify as a potential blockade of the Strait of Hormuz threatens crude supplies, forcing India to seek alternatives. At home, the government looks to shore up finances through higher fuel export duties, while markets turn volatile amid rising oil prices and policy shifts. Despite the uncertainty, retail inflation remains relatively contained, though risks loom from monsoon forecasts and geopolitical stress. Adding to the churn, worker protests in Noida highlight manufacturing sector tensions. Tune in for all this and much more.
Global tensions are rising and markets are reacting. In this Stock Market Update (April 10, 2026) by Yadnya Investment Academy, we break down how the failed US-Iran peace talks, rising Brent crude oil prices, and potential Strait of Hormuz disruption could impact the Indian economy, inflation outlook, government finances, and stock markets.We also discuss key developments affecting Tata Group companies, including TCS shareholder payouts, hiring trends, AI investments, and the ongoing debate around a possible Tata Sons listing.If you want to stay updated with stock market news, macroeconomic trends, and company-level insights that matter for investors, this update will help you connect the dots between global events and your portfolio decisions.
Tata Sons has deferred a decision on N. Chandrasekaran's reappointment, with Tata Trusts likely to reassess his performance and strategy amid internal differences. Meanwhile, the United States faces mounting military strain as the Iran conflict depletes key weapons stockpiles. In banking, HDFC Bank will not immediately replace outgoing executive Bhavesh Zaveri, signalling a pause in leadership transition. On the industry front, Kaynes Semicon is targeting emerging chip segments under India's next semiconductor push. At the same time, Indian firms are shifting toward domestic funding avenues as overseas borrowing tightens due to geopolitical disruptions. Tune in for all this and more in the day's edition of Moneycontrol Editor's Picks.
India's financial markets are under pressure as the Iran war sends ripples through the economy. The rupee hits a record low past, equities tumble, and India's global market share shrinks amid rising oil prices and capital outflows. Meanwhile, a high-stakes legal battle unfolds as Vedanta challenges Adani's bid for Jaypee assets in the Supreme Court. Within corporate India, TCS dividends emerge as a crucial lifeline for Tata Sons, offsetting losses from Air India and funding Tata Digital. At the same time, tighter digital rules could bring social media platforms under greater scrutiny for user-generated content. Tune in for all the latest in today's edition of Moneycontrol Editor's Picks!
Good Morning, I'm Nelson John. Welcome to Top Of The Morning. Today — a quiet power struggle is unfolding inside Tata Sons after Noel Tata puts conditions on Chandrasekaran's third term. Volkswagen is building its own electric vehicle platform specifically for India. Indian tankers are navigating the Strait of Hormuz under Iran's blockade to bring home desperately needed cooking gas. Adani just won NCLT approval for a Rs 14,535 crore deal that gives it nearly 4,000 acres in Noida. And Ola Electric is scrambling to raise Rs 2,000 crore as its scooter sales collapse. Five stories. One show. Let's go. Learn more about your ad choices. Visit megaphone.fm/adchoices
In today's Tech3 from Moneycontrol, we begin with the Tata Sons board deferring discussions on N Chandrasekaran's third term after concerns raised by Noel Tata. We then unpack the sharp sell-off in IT stocks amid fresh AI disruption fears and HCLTech CEO C Vijayakumar's response. Also on the show, senior exits and layoffs at Livspace, how SEBI's rules are reshaping the finfluencer economy, and LAT Aerospace's first acquisition backed by Deepinder Goyal.
Citrini Research report on global intelligence crisis sends IT stocks tumbling, IBM suffers worst day in 25 years after Anthropic's claim on modernising a legacy language, trustees discuss another term for N Chandrasekaran as Tata Sons chairman, government plans to go slow on withdrawing more quality control orders and can changing the base year nudge GDP growth higher? Tune in for all this and more on the latest Moneycontrol Editor's Picks.
The Tata Group, Tata Consultancy Services (TCS), and OpenAI have announced a multi-dimensional strategic partnership that will drive AI-powered innovation across enterprise, consumer, and social sectors. TCS, a leading global IT services, consulting, and business solutions company, operates a global delivery centre in Letterkenny. The announcement, which coincides with this week's India AI Impact Summit, shows a continued aspiration for TCS to become the world's largest AI-enabled tech services company. This partnership spans multiple high-impact areas, including powering AI-led innovation across Tata Group companies, joint efforts to drive AI transformation across industries globally, and setting up AI infrastructure. Key Partnership Highlights: Empowering Tata Group employees with Enterprise ChatGPT: Several thousand Tata Group employees will get access to Enterprise ChatGPT, accelerating innovation and productivity. In addition, TCS will leverage OpenAI's Codex to boost software engineering outcomes. Building industry-specific Agentic AI solutions: Under this partnership, OpenAI, with its leading Agentic AI solutions, and TCS, with its contextual knowledge of industries and deep AI skills, will come together to build impactful industry-specific solutions. Joint go-to-market (GTM) initiatives: TCS and OpenAI will jointly enable global enterprises to transform with AI-powered solutions specific to their organisational context. Through this collaboration, TCS will help its customers accelerate AI-led transformation by deploying, integrating, and scaling OpenAI's advanced AI platforms worldwide. Developing AI infrastructure: TCS's HyperVault unit and OpenAI have agreed to a multi-year partnership to develop AI infrastructure. In the initial phase, TCS will develop AI infrastructure with 100MW capacity, with an option to scale to 1 GW. This infrastructure will power next-generation AI workloads and position India as a global AI hub. Sam Altman, CEO, OpenAI, said, "India is already leading the way in AI adoption, and with its talent, ambition, and strong government support, it is well placed to help shape its future. Through OpenAI for India and our partnership with Tata Group, we're working together to build the infrastructure, skills, and local partnerships needed to build AI with India, for India, and in India, so that more people across the country can access and benefit from it." N Chandrasekaran, Chairman, Tata Sons, said, "This deep collaboration between OpenAI and Tata Group marks a major milestone in India's vision to become a global leader in AI. We are pleased to partner with OpenAI to create state-of-the-art AI infrastructure in India. This is a unique opportunity for OpenAI and TCS to transform industries. Together we will skill India's youth and empower them to succeed in the AI era." TCS established HyperVault in 2025 with a vision to deliver gigawatt-scale secure, reliable, large-scale AI-ready infrastructure for hyperscalers and AI-driven organisations. Powered by green energy, it will offer purpose-built, liquid-cooled data centres with high rack densities, and network connectivity across all key cloud regions. This partnership marks a pivotal moment in India's vision to become a global leader in AI and build an ecosystem that accelerates AI development and adoption. More about Irish Tech News Irish Tech News are Ireland's No. 1 Online Tech Publication and often Ireland's No.1 Tech Podcast too. You can find hundreds of fantastic previous episodes and subscribe using whatever platform you like via our Anchor.fm page here: https://anchor.fm/irish-tech-news If you'd like to be featured in an upcoming Podcast email us at Simon@IrishTechNews.ie now to discuss. Irish Tech News have a range of services available to help promote your business. Why not drop us a line at Info@IrishTechNews.ie now to find out more about how we can help you reach our audience. You can also find and follow us on Twitter, LinkedIn, Faceboo...
Harish Bhat spent 38 years with the Tata Group, working across businesses that reach millions of Indians every day, including Titan, Tanishq, and Tata Tea.He joins Neon Show for a 3rd time and reflects on what it meant to build inside a 150+ year-old institution. The conversation begins in 1991, the year Ratan Tata took over as Chairman, a role he would hold for 21 years. Harish explains how Ratan Tata prepared Tata Sons at a time when the Indian economy was opening up and competition was changing rapidly.We discuss landmark moments in the group's history, including the Tetley acquisition in 2000, the first time an Indian company acquired a major global consumer brand. Harish shares how this decision transformed not only the Tata Group's mindset but also the way ambitious Indian businesses think about their potential.Harish speaks about Ratan Tata not as a distant icon, but as a leader he worked closely with. He shares stories of how decisions were made, how conflicts were handled, and why dignity, compassion, and keeping one's word were always non-negotiable for Ratan Tata.The conversation also draws from his book Doing the Right Thing, where he transfers these experiences into practical lessons on leadership shaped over decades.https://www.amazon.in/Doing-Right-Thing-Bestselling-Tatastories/dp/014347985700:00 — Trailer01:07 — Paying tribute to Mr. Ratan Tata05:53 — The Tata family legacy06:53 — Early childhood and education of Ratan Tata07:48 — The decision to return to India08:44 — How Ratan Tata prepared the Group for a liberalised economy14:35 — How Tata Sons became a global business16:45 — The $450 million Tetley acquisition20:08 — Tata Group's acquisition of Global Brands23:33 — A visionary leader who chose to remain deeply private25:04 — How Ratan Tata dealt with Conflict28:58 — Dignity above all31:29 — The only concern on renovation of Bombay House34:41 — How the Tata Group gives back to Mumbai39:44 — Four lessons from Ratan Tata's Life42:50 — The deeper purpose that drives the Tata Group44:45 — Emotional gestures that speak to people's hearts48:45 — Ratan Tata as a philanthropist51:26 — A life guided by the principle: “Do the right thing”53:06 — The story behind the book-------------India's talent has built the world's tech—now it's time to lead it.This mission goes beyond startups. It's about shifting the center of gravity in global tech to include the brilliance rising from India.What is Neon Fund?We invest in seed and early-stage founders from India and the diaspora building world-class Enterprise AI companies. We bring capital, conviction, and a community that's done it before.Subscribe for real founder stories, investor perspectives, economist breakdowns, and a behind-the-scenes look at how we're doing it all at Neon.-------------Check us out on:Website: https://neon.fund/Instagram: https://www.instagram.com/theneonshoww/LinkedIn: https://www.linkedin.com/company/beneon/Twitter: https://x.com/TheNeonShowwConnect with Siddhartha on:LinkedIn: https://www.linkedin.com/in/siddharthaahluwalia/Twitter: https://x.com/siddharthaa7-------------This video is for informational purposes only. The views expressed are those of the individuals quoted and do not constitute professional advice.Send us a text
Shifting power equations within the Tata Group, Tata Motors Passenger Vehicles sets an ambitious goal, Bharti Airtel promoter launches block trade, Bitcoin is having a forgettable month, labour codes spark controversy and more news updates in the day's edition of Moneycontrol Editor's Picks.
Tata Son's listing is a bone of contention, Apple cracks down on grey market exports of iPhones from India, Centre's labour codes triggers adjustments across industries, Rupee stabilises after RBI steps in and SBI invests in a startup - find all this and more in today's edition of Moneycontrol Editor's Picks.
#WatchNow | In this episode of The Core Report Weekend Edition, Financial Journalist Govindraj Ethiraj speaks with Shriram Subramanian, Founder & Managing Director of InGovern Research Services, and Hetal Dalal, President & Chief Operating Officer of Institutional Investor Advisory Services India Limited (IIAS).They unpack the growing tensions and leadership struggle inside Tata Trusts, which control 66 percent of Tata Sons — the powerful holding company behind India's most iconic brands: Tata Motors, Tata Steel, Titan, TCS, and Indian Hotels.The conversation explores how a dispute among trustees has exposed deeper questions about governance, control, and succession within the Tata Group, one of the world's most respected business empires. What does this mean for investors, the markets, and the future of India Inc?Key themes discussed:1) The internal power struggle at Tata Trusts and its impact on Tata Sons2) The legacy of Ratan Tata and the leadership role of Noel Tata3) The Shapoorji Pallonji Group's 18% stake and the ongoing exit impasse4) How governance, family ties, and capital allocation collide in corporate India5) Lessons for succession planning and trust governance across family-run businessesThis deep-dive conversation goes beyond the headlines — revealing how ego, structure, and legacy shape billion-dollar decisions in Indian boardrooms.If you follow business news, corporate governance, leadership, or the Indian economy, this episode offers crucial insights into the forces reshaping India's biggest business empire.
In this bonus episode, we speak to Shyamal Majumdar, editor at Financial Express about the unfolding turmoil within one of India's most trusted business groups, the Tata Group, and what this internal rift means for corporate governance and investor confidence. At the centre of this crisis is a split within the Tata Trusts, which controls a majority stake in Tata Sons, the holding company of the group.Hosted by Ichha SharmaWritten and produced by Shashank Bhargava and Ichha SharmaEdited and mixed by Suresh Pawar
Tata Trusts and Tata Sons may have a plan to relieve the debt-laden SP group. Platinum dulls the shine of gold and silver, with prices surging 80% in 2025. Find an exclusive interview of Zoho CEO Mani Vembu as he talks about Arattai's “right to win” in a crowded marketplace. In other tech news, Anthropic CEO will explore collaborations with India in his upcoming visit, while PayPal is content connecting India to the world. Also find an analysis on partywise performance in Bihar elections and what that predicts for the November contest. All this and more in the day's edition of Moneycontrol Editor's Picks.
bto - beyond the obvious 2.0 - der neue Ökonomie-Podcast von Dr. Daniel Stelter
bto#321 REFRESH – Die Bilder von Xi, Putin und Modi, die gemeinsam lachen und sich an den Händen halten, haben jüngst eine klare Botschaft an die internationale Gemeinschaft gesendet: Die Machtverhältnisse in der Welt verändern sich! Der 25. Gipfel der Shanghaier Organisation für Zusammenarbeit (SOZ) war das größte Treffen in der Geschichte des Zusammenschlusses seit seiner Gründung im Jahr 2001. Obwohl die Mitglieder längst nicht so einheitliche Positionen vertreten, wie der Gipfel suggerierte, ist die multipolare Welt inzwischen Realität.Eine wichtige Rolle in dieser neuen Welt spielt Indien. Der Subkontinent bekommt immer mehr Gewicht und strebt selbstbewusst einen eigenen Weg zwischen den Blöcken an. Gerade im Vergleich zu China verkörpert Indien dabei eine andere Haltung. Der indische Top-Manager und frühere CEO von Tata Sons, Ramabadran Gopalakrishnan, meinte in Episode 239 vom April 2024, kulturell würde man eher mehr auf Soft Power setzen. Zeit also für ein bto REFRESH.Hörerservice beyond the obviousNeue Analysen, Kommentare und Einschätzungen zur Wirtschafts- und Finanzlage finden Sie unter www.think-bto.com.NewsletterDen monatlichen bto-Newsletter abonnieren Sie hier.RedaktionskontaktWir freuen uns über Ihre Meinungen, Anregungen und Kritik unter podcast@think-bto.com.ShownotesHandelsblatt – Ein exklusives Angebot für alle „bto – beyond the obvious – featured by Handelsblatt“-Hörer*innen: Testen Sie Handelsblatt Premium 4 Wochen lang für 1 Euro und bleiben Sie zur aktuellen Wirtschafts- und Finanzlage informiert. Mehr unter: handelsblatt.com/mehrperspektiven Oder lesen Sie das Handelsblatt ein Jahr lang mit 30 % Rabatt und erhalten Sie tiefgehende Einblicke in Wirtschaft, Politik, Finanzwelt und Technologie. Zum Angebot: handelsblatt.com/bto30Werbepartner – Informationen zu den Angeboten unserer aktuellen Werbepartner finden Sie hier. Hosted on Acast. See acast.com/privacy for more information.
*WOMEN OF THE FUTURE PODCAST – KINDNESS & COURAGE: MEN AS ALLIES* We are in the second week of our brand-new Women of the Future podcast mini-series – conjured up by the wonderful Pinky Lilani herself - founder and chair of the Women of the Future Programme it's awards and initiatives. Welcome to ‘Kindness & Courage: Men as Allies.' Over the next few weeks, we will be speaking to prominent male figures from the world of business, entrepreneurship, finance, tech and more, as we delve into the nuanced world of male allyship. Defined as the consistent and intentional efforts by men to support and advocate for gender equity and inclusion. This week, in celebration of India's Independence Day, we had the absolute pleasure of speaking to Dr. Mukund Rajan. Mukund is Chairman of ECube Investment Advisors, a first of its kind platform created to catalyse Environment, Social and Governance (ESG) changes in Corporate India. Prior to this, he held a number of senior executive positions through his 23-year career with the Tata Group, where he served as the first Brand Custodian of the Tata Group, Chief Ethics Officer of the Group, Chairman of the Tata Global Sustainability Council, and Member of the Group Executive Council at Tata Sons. ------------------------------------------------ The Women of the Future podcast is made in conjunction with the Women of the Future Programme a platform built to unlock a culture of kindness and collaboration among leaders, as well as support and celebrate the successes of women. Presented and produced by Kim Rowell, a media executive, charity ambassador and Women of the Future Awards alumni. For more information on the Women of the Future Programme and initiatives, please visit: www.womenofthefuture.co.uk
Tata Sons and the SP Group are in early talks over a possible sale of the latter's 18.37% stake in the Tata Group holding company. Jio BlackRock will offer both active and passive products to investors. President Trump's tariffs could hit north and central India hardest. Tune in to today's edition of Moneycontrol Editor's picks.
In today's Tech3 from Moneycontrol, Wipro beats Street estimates with an 11% profit jump, while more states ask UPI apps for merchant data to track GST compliance. Tata Digital gets a $400 million lifeline from Tata Sons, the govt defends content takedown powers in a legal face-off with X, and Airtel partners with Perplexity to give users a full year of free AI-powered search.
In a bid to stay competitive, Tata Sons is planning to infuse $400 million into its e-commerce business, Tata Digital. Meanwhile, despite rate cuts and lower inflation, urban consumption remains slack. Find out what more is needed for a sustained economic recovery. In addition to these, learn about Apple's iPhone exports surge, India's defence of internet censorship, and how India needs to strategically balance diplomacy and economic rivalry.
India eyes a fighter jet engine partnership with France's Safran post-Operation Sindoor, as delays hit GE supplies. Tata Sons faces fresh scrutiny over its listing exemption bid, with former CJI U U Lalit weighing in. Novo Nordisk races to launch Wegovy in India's growing weight-loss market. Plus, a monsoon-led market watch, Assam's semiconductor push, SEBI's block deal revamp, and the global family office pivot toward India.
In November 2014, Isha Yoga Center and Sadhguru Academy had the privilege of hosting Shri Ratan Tata, Chairman Emeritus of Tata Sons, as the keynote speaker for the third edition of INSIGHT: The DNA of Success. During his conversation with Sadhguru, Shri Tata spoke about a range of subjects including leadership, innovation, corporate social responsibility, philanthropy, his association with JRD Tata, Elon Musk, and more. Set the context for a joyful, exuberant day with a short, powerful message from Sadhguru. Explore a range of subjects with Sadhguru, discover how every aspect of life can be a stepping stone, and learn to make the most of the potential that a human being embodies. Conscious Planet: https://www.consciousplanet.org Sadhguru App (Download): https://onelink.to/sadhguru__app Official Sadhguru Website: https://isha.sadhguru.org Sadhguru Exclusive: https://isha.sadhguru.org/in/en/sadhguru-exclusive Inner Engineering Link: isha.co/ieo-podcast Yogi, mystic and visionary, Sadhguru is a spiritual master with a difference. An arresting blend of profundity and pragmatism, his life and work serves as a reminder that yoga is a contemporary science, vitally relevant to our times. Learn more about your ad choices. Visit megaphone.fm/adchoices
This is the Catch Up on 3 Things by The Indian Express and I'm Flora Swain.Today is the 11th of October and here are the top stories of the week.The results of Haryana and Jammu and Kashmir Assembly polls were declared by the ECI on Tuesday. The ruling BJP secured a historic third term in Haryana, winning 48 Assembly seats. The Congress, meanwhile, won 37 seats, Independents stood at 3 and the INLD won 2 seats. In the JK UT, The NC-Congress alliance crossed the 46-seat majority mark, securing 49 seats . The NC won the highest number of seats at 42, the Congress took six, and the Communist Party of India (Marxist), which was also part of the alliance, secured one. Meanwhile, the BJP won 29 seats and the PDP bagged three. Seven Independents were declared victorious. The AAP and Jammu & Kashmir People Conference secured one seat each.The final rites of Ratan Tata, the legendary industrialist and Chairman Emeritus of Tata Sons, were performed with full state honors on Thursday evening. Tata, 86, breathed his last on Wednesday night at Mumbai's Breach Candy Hospital. Among those who paid respects to the business tycoon are Union Home Minister Amit Shah, Union Minister Piyush Goyal, Maharashtra CM Eknath Shinde, Deputy CM Devendra Fadnavis, Gujarat CM Bhupendra Patel, and industrialist Mukesh Ambani. Maharashtra Chief Minister Eknath Shinde has proposed that a Bharat Ratna be awarded to Tata, posthumously.Setting the stage for a new tussle between the Aam Aadmi Party and the L-G office, the CMO on Wednesday claimed that Chief Minister Atishi was “forcibly vacated” from the residence at Civil Lines, which was previously occupied by Arvind Kejriwal. “Delhi CMs residence was forcibly vacated at the behest of the BJP as Lt Governor V K Saxena wants to allot it to a saffron party leader,” the CMO said. This comes two day after Atishi was asked to vacate the bungalow by officials from the Public Works Department (PWD)- a department under her own charge. The Aam Aadmi Party claims that Atishi followed all formalities before moving in, but the PWD says that an official “handover” of the property from Kejriwal to the department is yet to take place. The house has now been sealed.Maldives President Muhammad Muizzu reached New Delhi Sunday on his first bilateral State visit and was received at the airport by Minister of State (External Affairs) Kirti Vardhan Singh. During his five-day visit — from October 6 to 10 — he travelled to Agra, Mumbai and Bengaluru. Both Modi and Muizzu launched Rupay card in the Maldives, inaugurated the new runway at the Hanimadhoo International airport and agreed to further strengthen bilateral relations that had hit a rocky patch last year.US President Joe Biden and Israeli Prime Minister Benjamin Netanyahu had a call on Wednesday amid tensions with Iran. The 30-minute call was the first known chat for Biden and Netanyahu since August and coincides with a sharp escalation of Israel's conflict with Iran and the Iran-backed Lebanese Hezbollah, but with no sign of an imminent ceasefire to end the conflict with Iran-backed Hamas in Gaza. The call was "direct and very productive," White House press secretary Karine Jean-Pierre told reporters, while acknowledging the two leaders have disagreements and are open about them.This was the Catch Up on 3 Things by The Indian Express.
First, Loksatta editor Girish Kuber discusses the legacy of Ratan Tata, the former chairman of Tata Sons and one of India's most respected business leaders, who passed away on Wednesday.Next, The Indian Express' Jay Mazoomdaar explains why the government has delayed the release of the latest elephant census and why its findings are concerning. (16:51)Finally, The Indian Express' Parthasarthi Biswas sheds light on the reasons behind the recent surge in tomato prices. (29:00)Hosted, written and produced by Shashank Bhargava Edited and mixed by Suresh Pawar
This is the Catch Up on 3 Things by The Indian Express and I'm Flora Swain.Today is the 10th of October and here are the headlines.The mortal remains of Ratan Tata – philanthropist and Chairman Emeritus of Tata Sons arrived at the Worli crematorium today where his last rites are slated to be carried out. Tata, 86, breathed his last on Wednesday night at Mumbai's Breach Candy Hospital. Maharashtra Chief Minister Eknath Shinde has proposed that a Bharat Ratna be awarded to Tata, posthumously. The proposal, which has been approved at the state level, will be sent to the Central government. The Maharashtra and Gujarat governments have declared a day of mourning to pay tributes to the iconic industrialist. India and global icons mourn the titan of India Inc.As the labour strike at Samsung's plant on the outskirts of Chennai enters its second month, threatening Tamil Nadu's business-friendly reputation and exposing cracks in the ruling DMK's political alliance, there appears to be no immediate resolution to the stalemate. Early Wednesday morning, Tamil Nadu police detained 11 key union leaders and allegedly dismantled protest tents. Since September 9, more than a thousand workers affiliated to the Centre of Indian Trade Unions (CITU) have been pressing for recognition of their newly formed union and improved working conditions.37 years after they were accused of glorifying the death of Roop Kanwar, India's last known case of sati, a Jaipur special court today acquitted eight persons giving them the benefit of doubt. Along with several others, the eight had allegedly held an event glorifying Roop Kanwar around the first anniversary of her alleged sati act. Sati Niwaran court special judge Akshi Kansal acquitted Mahendra Singh, Shrawan Singh, Nihal Singh, Jitendra Singh, Uday Singh, Dasrath Singh, Laxman Singh and Bhanwar Singh. All eight were out on bail.Spain's tennis legend Rafael Nadal retirement: Rafael Nadal on Thursday has announced his retirement from professional tennis. The 38-year-old will make his final appearance for Spain at November's Davis Cup Finals in Malaga. In a video message released on Thursday, Nadal said: “I am here to let you know I am retiring from professional tennis. The reality is that it has been some difficult years, the last two especially.”Less than two years after she became the first woman president of the Indian Olympic Association, legendary athlete PT Usha could face a vote of no-confidence during its Special General Meeting on October 25. According to point number 26 of the meeting's agenda issues by the Executive Council, the IOA will ‘discuss and consider a motion of No Confidence against the President in light of alleged constitutional violations and actions potentially detrimental to Indian sports.' Usha has been involved in a prolonged tussle with the IOA's Executive Council members, with allegations flying from both sides. The legendary athlete, the first woman to head the IOA, has issued show cause notice to multiple Executive Council members for allegedly violating eligibility norms.This was the Catch Up on 3 Things by The Indian Express.