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…
THE GOVERNMENT should consider one or two trustees on the board of Tata Trusts “to restore order and credibility”, according to some trustees. “There is a good case for the government to appoint one or two trustees of high standing like former judges or reputed scientists to restore order and credibility,” a trustee, who did not…
2 min readMumbaiUpdated: Apr 21, 2026 12:02 PM IST Former Tata Trusts trustee Mehli Mistry on Monday said the Trusts’ decision to seek alteration of the eligibility clauses of the Bai Hirabai trust deed is an acknowledgment that the deed clearly and unambiguously restricts trusteeship to practising Zoroastrians residing in Mumbai or Navsari. “The present…
2 min readNew DelhiApr 22, 2026 12:33 AM IST The Economic Offences Wing (EOW) of the Delhi Police has arrested the chief financial officer of Reliance Power Limited, along with two others, for their alleged involvement in a high-value bank guarantee fraud linked to a government tender. The accused — identified as Ashok Kumar Pal…
3 min readMumbaiUpdated: Apr 24, 2026 07:41 AM IST IT major Infosys Ltd on Thursday reported a 20.87% year-on-year (y-o-y) rise in consolidated net profit at Rs 8,501 crore for the quarter ended March 2026 as compared with Rs 7,033 crore in the year-ago period. Revenue from operations in the fourth quarter stood at Rs…
3 min readNew DelhiUpdated: Apr 25, 2026 08:35 AM IST Anthropic is talking to several governments, including that of India, to help safeguard critical infrastructure — banking, energy, telecom — in the face of cybersecurity risks posed by its powerful AI model, Mythos, The Indian Express has learnt. “Anthropic is actively engaging with a broad…
3 min readMumbaiUpdated: May 2, 2026 05:33 AM IST Proxy advisory firm InGovern Research Services has recommended that the Reserve Bank of India (RBI) should issue an explicit, formal rejection of the application of Tata Sons for deregistration as a core investment company (CIC), thereby upholding the sanctity of the Scale-based Regulatory (SBR) framework and…
The National Company Law Appellate Tribunal (NCLAT) on Monday dismissed the petitions filed by Anil Agarwal-led Vedanta Ltd, which challenged the selection of Adani Enterprises Ltds’ (AEL) bid for the debt-ridden Jaiprakash Associates Ltd (JAL). A two-member bench comprising Chairperson Ashok Bhushan and Member (Technical) Barun Mitra said, “No grounds have been made out by…
The Bombay High Court on Thursday refused to grant an urgent hearing to a plea seeking a restraining order on the trustees of Sir Ratan Tata Trust (SRTT) from passing or implementing any decision arising out of or connected with its proposed board meeting to be held on Friday. The high court asked the petitioner,…
