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Mehli alleges serious governance lapses at Dorabji Tata trust

April 16, 2026

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Financial Express Ahmedabad

THE INTERNAL RIFT within the Tata Trusts has sharpened, with former trustee Mehli Mistry approaching the Maharashtra charity commissioner seeking the appointment of an administrator to run the Sir Dorabji Tata Trust (SDTT), while simultaneously flagging a series of governance lapses, disputed board decisions and alleged conflicts of interest.

- URVI MALVANIA

The latest filing follows Mistry’s earlier challenge to trustee appointments at Bai Hirabai Jamsetji Tata Navsari Charitable Institution.

المزيد من القصص من Financial Express Ahmedabad

Financial Express Ahmedabad

Officer's Choice maker sharpens premium push

ALLIED BLENDERS & DISTILLERS (ABD), maker of Officer’s Choice whisky, is aiming for an equal split between premium and mass-market brands in volume sales over the next two years, as it deepens its focus on India’s fast-growing premium liquor segment.

time to read

1 min

May 19, 2026

Financial Express Ahmedabad

GCC boom reshapes coworking business

INDIA'S FAST-GROWING GLOBAL capability centre (GCC) ecosystem is reshaping the business model of coworking and flexible workspace operators, with managed office contracts emerging as the sector’s biggest growth driver over the last two years.

time to read

2 mins

May 19, 2026

Financial Express Ahmedabad

Vi charts ₹1L cr funding plan for next 3 years

THAT AMOUNT ITSELF will be another ₹10,000 crore. That gives you ₹1.05 lakh crore plus the opening balance.

time to read

1 min

May 19, 2026

Financial Express Ahmedabad

Coking coal imports to surge on steel capacity push

INDIA’S NEXT PHASE of steel sector expansion could structurally expose the country to nearly $1 trillion in coking coal import costs and around 6 billion tonne of import dependence over the coming decades, if future capacity additions continue to rely on conventional blast furnace routes.

time to read

2 mins

May 19, 2026

Financial Express Ahmedabad

Bharti Airtel briefly becomes second-most valuable firm

BHARTI AIRTEL FOR a brief period of time surpassed HDFC Bank to become the second-most valuable firm by market capitalisation on Monday, but later lost the title and finished the day at third position in the overall m-cap ranking.

time to read

1 min

May 19, 2026

Financial Express Ahmedabad

High crude prices, electronic shipments drive April exports

EXPORTS OF PETROLEUM products grew 35% to $9.6 billion in April due to higher global crude oil prices, which helped overall merchandise exports rise 13.8% year-on-year.

time to read

1 min

May 19, 2026

Financial Express Ahmedabad

IndiGo passengers left sweating in dark

AROUND 160 PASSENGERS on board an IndiGo Delhi-bound flight from Vadodara on Sunday night were forced to sit in the dark, sweating profusely for half an hour, as the ground power unit supplying electricity to the aircraft malfunctioned before the departure, according to sources.

time to read

1 min

May 19, 2026

Financial Express Ahmedabad

Adani Group settles $275-mn dispute with US Treasury

ADANI GROUP ON Monday agreed to pay $275 million to settle allegations of violation of US sanctions on Iran, with the US Treasury Department's Office of Foreign Assets Control (OFAC) saying the Indian conglomerate extended “extensive cooperation” with the investigation and made “proactive” disclosures.

time to read

1 mins

May 19, 2026

Financial Express Ahmedabad

'Every square foot of a building is proptech opportunity'

Venture capital firm Gruhas, co-founded by Abhijeet Pai and Nikhil Kamath, is doubling down on proptech, energy transition, and category-creating consumer brands. In a conversation with Ayanti Bera, Pai speaks about how proptech is one of the biggest untapped venture opportunities, how quick commerce is reshaping growth of consumer brands, and why India needs to build both hardware and software capabilities to stay globally competitive. Excerpts:

time to read

1 mins

May 19, 2026

Financial Express Ahmedabad

RBI discontinues banks' investment fluctuation reserve

THE RESERVE BANK of India discontinued the requirement of investment fluctuation reserve (IFR) with effect from May 18, it said in a release on Monday.

time to read

1 min

May 19, 2026

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