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New Maharashtra law upends India Inc’s playbook for trusts
November 17, 2025
|Financial Express Bengaluru
TRUSTS IN MAHARASHTRA will need sharper successionplanning strategies as the state’s Public Trusts (Amendment) Ordinance-2025 comes into effect and reshapes how charitable boards are structured and leadership continuity is managed, experts said.
With perpetual trustees now capped at 25% of the board strength, legacy institutions must move away from informal succession arrangements and build clearer, more documented systems for rotation, reappointments and future leadership pipelines, they added. The shift is significant for large promoterlinked trusts, where generational continuity and concentrated control have historically guided appointments.
هذه القصة من طبعة November 17, 2025 من Financial Express Bengaluru.
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Financial Express Bengaluru
Sweet sorghum may also work as ethanol feedstock
THE GOVERNMENT IS conducting a study to assess the feasibility of sweet sorghum as an alternative feedstock for production of ethanol to diversify the raw material base for the biofuel, the food ministry said in Parliament on Wednesday.
1 min
December 18, 2025
Financial Express Bengaluru
TCS pegs annualised AI revenue at $1.5 bn
THE COUNTRY'S LARGEST IT services firm Tata Consultancy Services on Wednesday outlined an aggressive plan to become the “world's largest AI-led technology services company” as CEO K Krithivasan shared that the company has logged about $1.5 billion in annualised revenue.
1 mins
December 18, 2025
Financial Express Bengaluru
Debt reduction central to fiscal policy from FY27, says FM
States urged to improve fiscal transparency
1 min
December 18, 2025
Financial Express Bengaluru
IndiGo COO, aviation officials appear before House panel
A PARLIAMENTARY PANEL examining the recent air traffic disruptions tried to fix responsibility for Indigo’s mass cancellation of flights as senior aviation officials and IndiGo COO Isidro Porqueras appeared before it on Wednesday, but found the replies of the airline and DGCA “evasive and unconvincing”, according to sources.
1 min
December 18, 2025
Financial Express Bengaluru
OpenAI in talks to raise $10 billion from Amazon
INITIAL TALKS
1 min
December 18, 2025
Financial Express Bengaluru
Ex-promoter sells ₹1,296-cr AkzoNobel stake
IMPERIAL CHEMICAL INDUSTRIES, a former promoter of AkzoNobel India, on Wednesday sold a 9% stake in the paints manufacturer for ₹1,296 crore through an open market transaction.
1 min
December 18, 2025
Financial Express Bengaluru
Belgium top court upholds extradition of Mehul Choksi
THE HIGHEST COURT of Belgium — Court of Cassation-- has rejected the appeal of fugitive diamantaire Mehul Choksi against India’s extradition request, while endorsing a lower court's view that there are no grounds for his claims of flagrant denial of justice, torture or inhuman and degrading treatment in India, according to the order released on Wednesday.
1 min
December 18, 2025
Financial Express Bengaluru
Starbucks smells the coffee
Price-sensitive consumers, high rentals prompt shift away from premiumisation
1 mins
December 18, 2025
Financial Express Bengaluru
Santa Claus rally to drive small-, mid-caps
AT A GLANCE
1 min
December 18, 2025
Financial Express Bengaluru
Kushner’s Affinity exits takeover bid
JARED KUSHNER'S AFFINITY
1 min
December 18, 2025
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