Senior trustees of Sir Dorabji Tata Trust have accused fellow trustees Venu Srinivasan and Vijay Singh of undermining board resolutions and breaching their fiduciary duties by publicly supporting the listing of Tata Sons, the holding company of the Tata Group,…
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Mumbai (Maharashtra) [India], The initial public offering (IPO) of Dove Soft Limited, an integrated cloud communications and Communications Platform as a Service (CPaaS) provider, closed today after receiving an encouraging response from investors. The issue was subscribed 1.36 times, receiving…
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Indian airlines have sought urgent government intervention for the release of pending funds under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, as a sharp rise in aviation turbine fuel (ATF) prices and other operational pressures strain their liquidity and…
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The Reserve Bank of India is likely to increase the repo rate to combat rising inflation and support stronger growth. Reports indicate that a rate-hike cycle of 75 basis points is anticipated, potentially reaching 6 percent by FY27. While inflation…
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The World Bank has upgraded India’s economic growth forecast to 7.1% for fiscal 2026-27. This change reflects strong domestic consumption, despite ongoing inflationary pressures. Other major forecasters, including Moody’s and S&P Global Ratings, have also revised their projections upward. However,…
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Noel Tata and the trustees of the Sir Dorabji Tata Trust firmly dismissed the objections raised by senior trustees regarding the restructuring of Tata Sons. This revitalization aims to uphold Tata Sons’ unlisted status as a strategic move, in response…
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