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Tata Trusts is chaired by Ratan Tata and governed by more than 20 trustees.Apart from allegations of mismanagement in the group, Cyrus Mistry had also alleged inappropriate interference and misgovernance by TataTrusts, which holds 66%…

It can be noted that in January 2019, LIC completed acquisition 51 per cent stake in IDBI BankConcerned over the Central and state departments withdrawing deposits from IDBI Bankand also not offering fresh business to the LIC-owned…

Sensex surged 413.45 points to close at 41,352.17; Nifty50 closed 111.05 points higher at 12,165Shares of Tata Group companies fell on Wednesday after the NCLAT restored Cyrus Mistry as the executive chairman of Tata Sons. While Tata…

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WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Wednesday proposed changes to its decades-old definition of a professional investor in order to allow more Americans to buy shares in private companies. Chairman Jay…

(L-R) Sunil Jain, managing editor, Financial Express; Rajiv Anand, executive director, Axis Bank; Jatin Singh, founder & managing director, Skymet; V Vaidyanathan, managing director & CEO, IDFC First Bank; Roopa Purushothaman,…

“PNB has indicated to the court that it intends to apply for permission to appeal to the Court of Appeal. As this would be a second appeal, the test for granting permission to appeal is stringent,” Mittal said.The British subsidiary of …

According to a regulatory filing, Prince pipes allocated 84.26 lakh shares at Rs 178 apiece to eight anchor investors.Pipes and fittings manufacturer Prince Pipes has mopped up Rs 150 crore from anchor investors.According to a regulatory…

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NEW YORK (Reuters) - It is not often that a spending bill in Congress will make regular Americans run to their financial planners for emergency help before the holidays. But the Senate is poised to pass a spending bill on Friday that…