 "Top headlines: US attack on Soleimani to hit India, Tata moves SC, and more")
And now, Ratan Tata moves SC against NCLAT order restoring Cyrus Mistry
In his petition, Tata said the NCLAT judgement is based on a wrong premise that Tata Sons is owned by just two groups. “There has never been any relationship akin to a partnership. Cyrus Mistry was made the Executive Chairman of Tata Sons in a purely professional capacity and not as a representative of the SP Group,” he said in his petition. Read more
US attack on Qassem Soleimani to hit India's economic recovery, say experts
Analysts see the development affecting India's economic recovery in the short-term. "If the tensions persist for a few months, the Indian economy may take a hit again as high crude oil prices will stoke inflation... If Brent Crude hits $80 per barrel-mark, inflation will begin rising and margins of corporations may be negatively affected," said G Chokkalingam, founder, Equinomics Research & Advisory. Read more
Govt to retain exports scheme till March after WTO asked for its scrapping
The government has not officially announced extending the Merchandise Exports from India Scheme (MEIS) but it will stay till the new Foreign Trade Policy begins on April 1, said the Federation of Indian Export Organisations on Thursday. Read more
MFs added Rs 3.15 trn to asset base in 2019 on debt schemes, Sebi measures
The asset under management (AUM) of the industry rose by over 13 per cent (Rs 3.15 trillion) to Rs 26.77 trillion at the end of last month, up from Rs 23.62 trillion at the end of December 2018, according to the latest data available with the Association of Mutual Funds in India (Amfi). Read more
Amid promoters' spat, InterGlobe Aviation to hold shareholder meet on Jan 29
InterGlobe Aviation on Friday said a meeting of shareholders will be convened on January 29 to seek approval for certain changes in the company's articles of association. Read more
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%