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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES (Note: All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted.) TORONTO, April 09, 2026 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation ("Fairfax India" or the "Company") (TSX: FIH.U) announces that its wholly-owned subsidiary, FIH Mauritius Investments Ltd has sold 1,742,987 equity shares, representing its entire equity interest, in Sanmar Chemical Enterprises ...Read More >
MUMBAI: Venu Srinivasan has backed the idea of a public listing of Tata Sons, the first time that a Tata Trusts trustee has publicly supported such a move, saying that the step would be inevitable if the Reserve Bank of India classifies the group holding company as an upper layer non-banking finance company (NBFC), appearing to reflect a widening divergence of opinion at the group's top echelons. Tata Trusts vice chairman Srinivasan told ET that such a move would allow Shapoorji Pallonji (SP) G ...Read More >
Mumbai, Apr 8 (PTI) Reserve Bank Governor Sanjay Malhotra on Wednesday announced that the monetary authority will be coming out with a new framework for non-bank lenders amid a lack of clarity over Tata Sons' listing issue. "We are coming up with a new framework for the NBFCs. Very soon, we should," Malhotra told reporters at the customary post-policy review press conference. On a specific question on Tata Sons, Malhotra said the new framework will categorise non-banking finance companies. He ...Read More >
MUMBAI: State-owned power distribution company MSEDCL will be restructured to create a new company to serve its agricultural consumers, a move that will benefit the MSEDCL as well as its industrial and commercial users. The demerger, approved by the state government at its cabinet meeting on Tuesday, will also see the parent company list on the stock exchange and issue bonds worth ₹32,679 crore. This is a milestone for power distribution in the state, and for the Maharashtra State Electricity D ...Read More >
New Delhi (ABC Live): Competition approvals in India are often delivered in dry, technical language. This one does too. On April 7, 2026, PIB said CCI approved the acquisition by Indriya Ltd. of equity shares amounting to 14.286% of Aditya Birla Housing Finance Ltd. through a preferential issue on a private placement basis, calculated on a fully diluted, post-issue basis. PIB also described the acquirer as an investment holding company with no current operations in India. In contrast, it describ ...Read More >
Venu Srinivasan quits Bai Hirabai Charitable Trust after eligibility objections, Mehli Mistry seeks probe into alleged irregularities and violations of trustee rule Venu Srinivasan has stepped down from the Bai Hirabai Charitable Trust following objections over his eligibility to serve as a trustee. The trust is one of the smaller entities under the umbrella of Tata Trusts. According to the CNBC-TV18 report the objections were raised by former trustee Mehli Mistry, after which Srinivasan chose ...Read More >
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, April 06, 2026 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation ("Fairfax India") (TSX: FIH.U) announces additional details regarding its upcoming hybrid annual shareholders' meeting. As disclosed in our annual meeting materials and on our website, the hybrid meeting will be held both in-person and virtually on Wednesday, April 15, 2026 and will commence at 9:30 a.m. Eastern Time, with the fo ...Read More >
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, April 06, 2026 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation ("Fairfax India") (TSX: FIH.U) announces additional details regarding its upcoming hybrid annual shareholders' meeting. As disclosed in our annual meeting materials and on our website, the hybrid meeting will be held both in-person and virtually on Wednesday, April 15, 2026 and will commence at 9:30 a.m. Eastern Time, with the fo ...Read More >
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, April 06, 2026 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation ("Fairfax India") (TSX: FIH.U) announces additional details regarding its upcoming hybrid annual shareholders' meeting. As disclosed in our annual meeting materials and on our website, the hybrid meeting will be... NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, April 06, 2026 (G ...Read More >
Mumbai: Tata Trusts said in an internal note that there is no legal bar on non-Zoroastrians serving as trustees at the Bai Hirabai JN Tata Navsari Charitable Institution, citing a 2000 opinion by former chief justice of India MH Kania. This follows trustee Mehli Mistry questioning the eligibility of Venu Srinivasan and Vijay Singh to be Bai Hirabai trustees because of their faith. In an internal note addressed to Tata Trusts chairman Noel Tata and trustees, Tata Trusts CEO Siddharth Sharma refe ...Read More >
New Delhi: Network equipment maker TP-Link said its India unit is part of its US entity, which split from China in 2024, refuting claims of being Chinese and thus banned from selling its CCTV cameras in India. TP-Link India CEO Sanjay Sehgal told ET that the Indian entity, TP-Link India is part of TP-Link Systems, and not China-based TP-Link Technologies, with a Singapore-based holding company owning 99.9% stake in the Indian entity. To be sure, the Irvine, California-based TP-Link Systems is ...Read More >
Mumbai, April 2: New technical leaks surrounding Rockstar Games' upcoming title, Grand Theft Auto VI (GTA 6), suggest the developer is implementing a sophisticated interaction system and environmental "decay" mechanics. According to data uncovered from internal documents and testing builds, the game aims to significantly expand player-to-NPC communication, drawing heavy inspiration from the systems seen in Red Dead Redemption 2. With a release window currently targeted for late 2026, these feat ...Read More >
NEW DELHI: IndiGo on Tuesday named DG of International Air Transport Association (IATA) and former British Airways (BA) chief William Walsh as its new CEO.Airline promoter and MD Rahul Bhatia had assumed charge as CEO in the interim after Pieter Elbers' resignation last month with immediate effect. Elbers, then KLM president and CEO of KLM, was brought to IndiGo about four years ago to expand its international footprint. While the foreign footprint expanded substantially following the Dec schedu ...Read More >
New Delhi [India], March 31 (ANI): The Board of InterGlobe Aviation Limited (IndiGo) on Tuesday appointed William Walsh as the Chief Executive Officer, succeeding Pieter Elbers, months after mass flight cancellations left tens of thousands of passengers stranded in India and drew regulatory scrutiny. During December 2025, a massive wave of cancellations by IndiGo impacted air travel across India, with hundreds of flights cancelled, resulting in passengers suffering. Also Read | BA.3.2 'Cicada' ...Read More >
New Delhi [India], March 31 (ANI): The Board of InterGlobe Aviation Limited (IndiGo) on Tuesday appointed William Walsh as the Chief Executive Officer, succeeding Pieter Elbers, months after mass flight cancellations left tens of thousands of passengers stranded in India and drew regulatory scrutiny. During December 2025, a massive wave of cancellations by IndiGo impacted air travel across India, with hundreds of flights cancelled, resulting in passengers suffering. William Walsh is currently ...Read More >
New Delhi, Mar 31 (PTI) The country's largest airline IndiGo on Tuesday announced the appointment of William Walsh, a pilot and current chief of the global airlines' grouping IATA, as its next CEO. The appointment comes less than three weeks after the sudden exit of Pieter Elbers against the backdrop of massive operational disruptions at the airline in December last year. An airline industry veteran, Walsh, popularly known as Willie, was formerly CEO of British Airways and IAG (International A ...Read More >
Hyderabad: The Board of InterGlobe Aviation Limited (IndiGo) on Tuesday appointed William Walsh as the Chief Executive Officer, subject to Regulatory approvals, IndiGo stated on Monday. Walsh is likely to take charge on August 3. Walsh is currently the Director General of IATA (International Air Transport Association) and was formerly CEO of British Airways and International Airlines Group (IAG), a holding company which owns Aer Lingus, British Airways, Iberia, Level and Vueling. According to ...Read More >
New Delhi, March 31 (SocialNews.XYZ) InterGlobe Aviation Limited, the parent company of IndiGo, on Tuesday appointed William Walsh as Chief Executive Officer, subject to regulatory approvals, after Pieter Elbers resigned as the CEO of the low-cost airline earlier this month. Walsh's tenure at IATA (International Air Transport Association) comes to a close on July 31, 2026, and he is expected to join no later than on August 3, 2026, the airline said in a statement. Walsh (popularly known as Wil ...Read More >
New Delhi, March 31 (SocialNews.XYZ) The Reserve Bank of India (RBI) has deferred the implementation of its revised capital market exposure framework by three months, changing the effective date to July 1, 2026, from the earlier April 1 deadline. The decision comes after feedback from banks, capital market intermediaries (CMIs), and industry bodies, which highlighted operational and interpretational challenges in implementing the new norms. The central bank had initially issued the amendment d ...Read More >
New Delhi, Dec 17 (PTI) The National Company Law Tribunal (NCLT) has approved the merger of eight Flipkart entities, taking the e-commerce major a step closer to obtaining an Indian domicile ahead of its potential public listing. The tribunal has sanctioned the Scheme of Amalgamation involving eight Singapore-incorporated transferor companies merging into Flipkart Internet Private Limited, the Bengaluru-based operational arm. Flipkart will now require approval from the Singapore court before t ...Read More >
New Delhi: Microsoft co-founder Bill Gates held the title of the world's richest man for five consecutive years, from 2013 to 2017. He remained among the world's top 10 wealthiest individuals afterwards. However, this year his net worth and ranking have seen a significant decline. According to the Bloomberg Billionaires Index, Gates' net worth has fallen by $41.3 billion this year, and he is now ranked 16th on the list of the world's richest people with a net worth of $117 billion. Gates is the ...Read More >
In a major shake-up at the Tata Trusts, Mehli Mistry -- once considered a close confidant of Ratan Tata -- is set to exit the apex charitable bodies after chairman Noel Tata, vice chairman Venu Srinivasan and trustee Vijay Singh declined to approve the renewal of his term, people familiar with the matter said. In a dramatic turn at the Tata Trusts, Mehli Mistry -- once regarded as one of Ratan Tata's closest confidants -- faces potential ouster after chairman Noel Tata, vice chairman Venu Srini ...Read More >
Founded in 1908, the 117-year-old institution once rivalled the Bombay Stock Exchange in trading volumes and stood as a symbol of Kolkata's financial heritage. The Calcutta Stock Exchange (CSE), one of India's oldest bourses, may this year celebrate its last Kali Puja and Diwali on October 20 as a functioning exchange, with the process of voluntary exit as a bourse nearing completion after a decade-long legal battle. Trading at CSE was suspended by SEBI in April 2013 following regulatory non-c ...Read More >
Kolkata: The Calcutta Stock Exchange (CSE), one of India's oldest bourses, may this year celebrate its last Kali Puja and Diwali on October 20 as a functioning exchange, with the process of voluntary exit as a bourse nearing completion after a decade-long legal battle. Trading at CSE was suspended by SEBI in April 2013 following regulatory non-compliance. After years of efforts to revive operations and contest SEBI directives in courts, the exchange has now decided to back out of the business a ...Read More >
Mumbai, Oct 19 (SocialNews.XYZ) The Calcutta Stock Exchange (CSE), one of India's oldest stock exchanges, may be celebrating its final Kali Puja and Diwali this year on October 20 as a functioning bourse. After a long legal and regulatory battle, the exchange is close to completing its voluntary exit from the stock exchange business. CSE, founded in 1908, once competed with the Bombay Stock Exchange and was a major part of Kolkata's financial landscape. But the exchange faced a serious setbac ...Read More >
Bengaluru - A boardroom shake-up in Indian conglomerate Tata Group in early October threatened to destabilise the tea-to-semiconductors business house, prompting the government to intervene. The government was so worried about the situation at the organisation - which accounts for an estimated 4 per cent of India's gross domestic product - that Home Minister Amit Shah and Finance Minister Nirmala Sitharaman met some of Tata's top leaders in a closed-door meeting in Delhi on Oct 7. The unpreced ...Read More >
Mumbai: New Delhi is stepping in to ease the turbulence building up at a critical Mumbai institution, amid mounting concerns that infighting at majority shareholder Tata Trusts could begin to impede the functioning of Tata Sons, India's most valuable business conglomerate. This week, two senior cabinet ministers will meet with four key officials of Tata group in the National Capital to discuss recent developments that have sparked concern. Tata Trusts chairman Noel Tata, vice-chairman Venu Sri ...Read More >
Mumbai, Oct 1 (PTI) Amid intense speculation over Tata Sons' perceived non-compliance with the RBI's mandate to list, Governor Sanjay Malhotra on Wednesday said an entity can continue to do business till its registration is not cancelled. The central bank had asked a set of entities, including Tata Sons, the holding company of the salt-to-software conglomerate, to list by September 30 this year. In response, Tata Sons had last year applied to surrender its core investment company (CIC) registr ...Read More >
New Delhi: In a significant development, the Reserve Bank of India (RBI) has asked the Tata Group to list its holding company - Tata Sons. The company was given a three-year deadline to do so, and now only a day remains until the deadline. Tata Sons is the holding company of the country's largest business group. The possible public listing of the USD200-billion group, which owns Jaguar Land Rover, Air India, Taj Hotels, and a major European steel company, could have massive effects on India's to ...Read More >
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation ("Fairfax India") (TSX: FIH.U) announces that the Toronto Stock Exchange (the "TSX") has accepted a notice filed by Fairfax India of its intention to commence a Normal Course Issuer Bid for its Subordinate Voting Shares through the facilities of the TSX (or other alternative Canadian trading systems) effective September 30, 2025. ...Read More >
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