Dev Chatterjee

At 32, Noel Tata's son takes on trustee role as part of the Tata family's succession plan, while continuing to lead Trent Hypermarket's retail operations

Srinivasan gets 3-yr term in compliance with legal norms

Group maintains global funding access despite market volatility

The floor price has been set at Rs 2,030 per share, representing a discount of about 3.1 per cent to Airtel's Thursday closing price of Rs 2,095

Driven by robust demand in cement and chemicals and expansion in paints and B2B e-commerce, Grasim Industries' Q2FY26 profit rose sharply to ₹553 crore on ₹39,900 crore in revenue

Fundraise to push growth across airports, data centres, green energy, roads

Soon after the tension at the Tata Trusts board meeting, renewal of trustees' tenure turned into a contentious issue

New fund marks first local investor participation

India has moved to the center of KKR's Asia strategy as domestic consumption rises and policy remains supportive of private capital, Nuttall said

The caveat notice has also been sent to all Tata Trusts trustees, according to a source close to the development

Three of six Tata trustees, including Noel Tata, Venu Srinivasan and Vijay Singh, have opposed Mehli Mistry's reappointment, ending his tenure on the boards of the Dorabji and Ratan Tata Trusts

If Mehli Mistry fails to get a nod from all trustees of Tata Trusts for his term renewal, it will be an unprecedented development that could escalate the ongoing tensions

The Virani brothers - Chandubhai, Bhikhubhai, and Kanubhai - who founded and control the company, are considering a partial stake sale to fund expansion across India

Venu Srinivasan's term up for renewal, Mehli Mistry next in line

Tata Sons, meanwhile, repaid ₹20,642 crore in FY23 to become a net debt-free company before seeking declassification as an NBFC, according to its annual report

Trustees at Dorabji Tata Trust, the key trust which along with Sir Ratan Tata Trust own a majority of share in Tata Sons, have had a three-year term

India's oldest engineering conglomerate is ramping up expansion across engines, steel, compressors, real estate and finance, even as family disputes linger

Apart from the SP Group, the Tata Trusts own 66 per cent of Tata Sons and hold substantial voting power over board decisions. While some trustees reportedly favour a listing, others are opposed.

Trustees focus on philanthropic initiatives as government urges both factions to settle differences amid tensions over Tata Sons' board and governance

The meeting comes after weeks of friction between Trusts Chairman Noel Tata and trustee Mehli Mistry over the withdrawal of former defence secretary Vijay Singh