Thursday, August 14, 2025

Creating liberating content

India’s merchandise exports touched $37.24 billion in July, marking a

Related News

NEW DELHI: In a landmark achievement, India has successfully sent its aquanauts to depths of over 5,000 metres in the North Atlantic Ocean.The mission marked a major step towards the

India’s merchandise exports touched $37.24 billion in July, marking a 7.29% increase from $34.71 billion a year earlier, according to government data released Thursday. The trade deficit for the month

Former Niti Aayog Vice Chairman Rajiv Kumar has called for the removal of restrictions on Chinese investments in India, arguing that such a step could boost domestic manufacturing and create

A rising number of overseas firms battling financial strain are seeking alliances with Indian companies to set up semiconductor manufacturing plants in the country, driven by generous state incentives, a

Generative Artificial Intelligence (AI) could enhance banking operations in India by as much as 46%, according to a Reserve Bank of India (RBI) report. As per news agency ANI, the

PM Modi to launch Rs 2,481 crore National Mission on August 23 Prime Minister Narendra Modi will formally launch the National Mission on Natural Farming (NMNF) on August 23, a

Trending News

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

Air India crisis: Chandra skips Tata Consumer AGM

Word Count: 590 | Estimated Reading Time: 3 minutes


Air India crisis: Chandra skips Tata Consumer AGM

MUMBAI: Tata Consumer Products chairman N Chandrasekaran skipped the company’s annual shareholder meeting on Wednesday due to exigencies. Non-executive director P B Balaji presided over the meeting in his stead. Regulations permit another director to lead the meeting when the board chairman is unavailable.Chandrasekaran’s absence was due to his focus on Air India matters following the crash of London-bound flight 171 in Ahmedabad last week, which resulted in over 270 fatalities.At the meeting, company secretary Delnaz Dara Harda said, “The chairman of the board, N Chandrasekaran, will not be able to attend the AGM due to some exigencies.” Tata Consumer initiated the annual general meeting sequence among major Tata Group companies, with TCS scheduled for Thursday and Tata Motors for Friday. It remains to be seen whether Chandrasekaran, who is also the chairman of both these companies, will chair the AGMs.According to a lawyer, if the chairman is not present within 15 minutes after the time appointed for holding the meeting, or if he is unwilling to act as chairman of the meeting, the directors present can elect a chairman among themselves.Chandrasekaran has been in Gurugram-Delhi, engaging with Air India personnel, holding discussions with civil aviation minister Ram Mohan Naidu and aviation secretary Samir Kumar Sinha; and addressing various airline-related matters. His office also sought time with DGCA chief Faiz Ahmed Kidwai. During the AGM, Balaji, who is also the CFO of Tata Motors, acknowledged the challenging period for the Tata group.





Source link

Most Popular Articles