Tata stocks took a notable hit following the declaration by Tata Trusts that Chandrasekaran’s reappointment was illegal. The Reserve Bank of India also denied Tata Sons’ plea to maintain private status. With Tata Trusts holding a majority of shares and opposing the IPO, Noel Tata has proposed looking into structural alternatives to appease the regulator.…
Japanese artists BE:FIRST talks about hanging out in LA, American culture, Erewhon, working with American producers, and their new international EP, ‘Watch Me.’
This year marks the 25th anniversary of Is This It, the classic album by the Stokes, the rock band that turned the page from Gen X pop culture to something more distinctly millennial. It’s also a favorite album for this author and Glassdoor senior economist Chris Martin, who used the phrase in a recent conversation…
India’s domestic economy is showing resilience despite geopolitical and energy risks, with stronger bank credit, corporate lending and earnings growth. Jefferies’ Chris Wood sees a potential reversal in the AI trade as another catalyst for global investors to refocus on India. He also favours mid- and small-caps, while highlighting domestic flows, gold loans and energy…
Kore Digital shares plunged after Sebi barred the company and key executives from the securities market over alleged financial statement manipulation, non-genuine subsidiaries and diversion of preferential issue proceeds.
InterGlobe Aviation, IndiGo’s operator, raised charges for domestic ancillary services, including infant travel, excess baggage and priority check-in and boarding. The revisions increase passenger costs beyond base fares. IndiGo had reported a Rs 238 crore Q1 FY27 loss amid higher fuel expenses, despite strong revenue growth and expanding domestic and international operations.
As per Sebi’s T+1 settlement norm, investors need to buy a company’s shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action.