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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 >
NEW DELHI: AIADMK's Lalgudi candidate Leema Rose Martin has emerged as the richest contestant in the 2026 Tamil Nadu Assembly elections, declaring assets worth approximately Rs 1,049.56 crore in her election affidavit filed ahead of the April 23 polls.The 58-year-old, wife of lottery businessman Santiago Martin, filed her nomination papers on Monday. Her affidavit shows movable assets worth Rs 139.62 crore and immovable assets worth Rs 909.94 crore, putting her ahead of other high-value candidat ...Read More >
Mumbai: The CEO of Tata Trusts, which is the majority owner of India's largest business conglomerate, asked vice-chairmen Venu Srinivasan and Vijay Singh to resign last week, while concealing material information, the two prominent trustees have alleged, precipitating yet another round in what has been a series of infighting bouts at the highprofile public charitable trusts. Trusts CEO Siddharth Sharma asked the two vice-chairmen to step down from the Bai Hirabai JN Tata Navsari Charitable Inst ...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 >
MUMBAI: The power struggle within the Tata Trusts is intensifying. In the latest development, Venu Srinivasan, the senior-most vice-chairman of the trusts and a director on Tata Sons' board, has resigned from the Hirabai Tata Trust. His resignation came within hours of reports that former trustee Mehli Mistry had moved the Charity Commissioner, seeking the ouster of Srinivasan and another vice chairman, Vijay Singh, from the Bai Hirabai Jamsetji Tata Navsari Charitable Institution on the ground ...Read More >
Chennai: Sundaram Clayton, a group company of the TVS Group, has withdrawn its decision to relieve P D Dev Kishan as Company Secretary and Compliance Officer and the appointment of M Muthulakshmi as Company Secretary and Compliance Officer."We wish to inform you that subsequent to the above intimation, the Board of Directors, at its meeting held on 30th March 2026, reconsidered the matter, and after detailed deliberations, basis the withdrawal of the resignation by P D Dev Kishan, the Board resc ...Read More >
CHENNAI: Actor-turned-politician and TVK president Vijay has declared assets worth Rs 640.51 crore held in his name and that of his spouse, according to an affidavit filed before the Perambur returning officer on Monday.The disclosure shows Rs 404 crore in movable assets, including cash, investments, gold, and vehicles. The vehicles listed include a Toyota Lexus, Vellfire, BMW, Maruti Swift, and a TVS XL Super two-wheeler.Vijay has also declared Rs 220 crore in immovable assets, comprising self- ...Read More >
CHENNAI: Citi-based Galaxy Health Insurance, India's youngest standalone health insurer founded in October 2024, on Monday announced the launch of its 12th product Galaxy Twin 360 here. It provides insurance coverage for young adults aged 18 to 45 years and also covers family members - spouse and three children. The product has three plans: core, max & ultra, integrating comprehensive inpatient (IPD) protection, high-value outpatient (OPD) benefits and wellness services. Addressing the media af ...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 >
Wheels India Ltd. (currently trading at ₹870) is a leading manufacturer of steel wheels, suspension systems, and air suspension products for commercial vehicles, tractors, and off-road equipment. A part of the TVS Group, the company operates manufacturing facilities in Tamil Nadu and Uttar Pradesh, with exports to over 25 countries. Its product portfolio spans forged wheels, aluminum wheels, bogie suspensions, and fabricated components for railways and wind energy. Wheels India is a critical sup ...Read More >
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