The Tata Sons board’s decision to give N Chandrasekaran another five-year term and move ahead with a potential listing has reopened a deeper question at the heart of India’s most closely watched business group: who ultimately decides the direction of…
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Tata Trusts have declared N Chandrasekaran’s reappointment as Tata Sons chairman a legal nullity. Noel Tata, a Trusts nominee, voted against the resolution, while four directors supported it. The Trusts cite the Articles of Association, requiring a majority of their…
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Thetransaction structured through an NCLT approved scheme, will see Indiabulls Limitedsettle at Rs 1500 Cr and is subject to SEBI and other applicable regulatory andshareholder approvals.
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The National Stock Exchange of India (NSE) has enabled India’s first tokenised corporate bond issuances on its Electronic Bidding Platform (NSE EBP), with REC Limited and Larsen & Toubro raising a combined Rs 1,000 crore under the Securities and Exchange…
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Tata Trusts have declared N Chandrasekaran’s reappointment as Tata Sons chairman a legal nullity. Noel Tata, a Trusts nominee, voted against the resolution, while four directors supported it. The Trusts cite the Articles of Association, requiring a majority of their…
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Noel Tata opposed N Chandrasekaran’s reappointment as Tata Sons chairman. He argued the decision to step down was already accepted by shareholders. Chandrasekaran reversed his earlier decision to not seek another term. The Tata Trusts called the board’s resolution a…
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