3 min readMumbaiUpdated: Feb 26, 2026 05:45 AM IST Reliance Industries Ltd (RIL) on Wednesday announced that its subsidiary Reliance Enterprise Intelligence Ltd has completed allotting 30% of its stake to Facebook Overseas, a subsidiary of US-based technology giant Meta Platforms, for Rs 256.6 crore. It allotted the remaining 70% stake to Reliance Intelligence, another…
To facilitate its potential exit from beleaguered telecom operator Vodafone Idea (Vi), the Government has asked the debt-ridden company to expand its search for an investor and look for both domestic and international options, The Indian Express has learnt. Last month, this newspaper had reported that two big domestic corporate groups had evinced interest in…
2 min readMumbaiUpdated: Mar 29, 2026 06:31 PM IST Industrialist Vijaypat Kailashpat Singhania, former chairman of the Raymond group, passed away on Saturday. Singhania, who built Raymond into a global textile brand, was 87. “With profound grief and deep sorrow, we inform the passing of Padma Bhushan Dr. Vijaypat Kailashpat Singhania,” said his son Gautam…
2 min readMumbaiApr 1, 2026 01:18 AM IST In an unusual development, Venu Srinivasan, the Chairman Emeritus and Managing Director of Sundaram-Clayton Ltd — part of the TVS group — has returned as its Chairman and MD at the company’s board meeting on Monday. Simultaneously, R Gopalan stepped down from his position as Chairman of the company…
3 min readMumbaiApr 8, 2026 01:21 AM IST Tata Trusts Chairman Noel Tata had last week told CEO Siddharth Sharma to ask Vijay Singh and Venu Srinivasan if they would like to voluntarily step down from the Bai Hirabai Jamsetji Tata Navsari Charitable Institution (BHJTNCI), as they felt that irrespective of the legal opinion and…
1 min readNew DelhiApr 9, 2026 01:38 AM IST India’s public sector coal companies are absorbing a sharp rise in input costs triggered by the West Asia conflict to keep coal prices stable, even as demand from the power sector is set to rise sharply this year. India’s power sector has projected a coal requirement…
5 min readMumbaiUpdated: Apr 10, 2026 06:11 AM IST AFTER TVS Group’s Venu Srinivasan, another senior trustee of Tata Trusts, Vijay Singh, has come out arguing for the listing of Tata Sons on the stock exchanges through an initial public offering (IPO). The argument by the two trustees for listing Tata Sons, which is the…
3 min readMumbaiApr 11, 2026 06:07 AM IST Close on the heels of Tata Trusts trustees Venu Srinivasan and Vijay Singh, the Shapoorji Pallonji (SP) group which holds over 18% stake in Tata Sons has come out demanding listing of the Tata group holding company on the stock exchanges as it will “reinforce corporate governance,…
6 min readNew DelhiUpdated: Apr 12, 2026 07:58 AM IST With the West Asia war disrupting supply chains, Nestlé India is facing a shortage of packaging material and this is learnt to have resulted in a pile-up of Maggi, the best-selling instant noodles brand, in at least one of its multiple production units in the country….
2 min readMumbaiUpdated: Apr 17, 2026 04:29 AM IST IT services major Wipro Ltd on Thursday announced a Rs 15,000 crore share buyback at Rs 250 per share, offering a 19% premium over the stock’s last closing price. The company’s board approved the plan to buyback up to 60 crore shares, representing 5.7% of the total paid-up…
