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Noel wants to be Ratan Tata within a year: Mistry camp
October 29, 2025
|Financial Express Chennai
THE OUTCOME OF the Tata Trusts voting process hasn’t taken the Mehli Mistry camp by surprise as it was on expected lines and is being seen as a “direct revenge” by the other faction for not approving Trustee Vijay Singh’s continuance on the Tata Sons Board. Singh had to quit as the proposal was rejected by four of the trustees.
Sources close to the Mistry camp said while a future course of action has not been finalised as yet, the crux of the problem was Tata Trusts Chairman Noel Tata’s “hurry” to acquire the “supreme status” that Ratan Tatagot after years of hard work at the top.
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Financial Express Chennai
TVS Venu Group may pick up 9.99% in Jana SFB
TVS VENU GROUP may be looking to acquire a 9.99% stake in Bengaluru-based Jana Small Finance Bank with an infusion of ₹450-500 crore, according to sources familiar with the development.
1 min
May 15, 2026
Financial Express Chennai
BoB planning to double balance sheet in 5 years
BANK OF BARODA, the country’s second-biggest public sector lender, aims to double its balance sheet over the next five years by capitalising on the country’s strong economic growth, expanding fee-based businesses and deepening its presence overseas.
1 mins
May 15, 2026
Financial Express Chennai
Fresh attacks hit ships near Hormuz
US PRESIDENT DONALD Trump discussed the Iran war with China’s President Xi Jinping in Beijing on Thursday, while new attacks on vessels near the Strait of Hormuz brought a reminder of the costs of a prolonged stalemate, with peace talks stalled.
2 mins
May 15, 2026
Financial Express Chennai
HCLTech to lead $150-mn Sarvam AI funding round
IT MAJOR HCLTECH will lead a $150-million funding round in homegrown frontier artificial intelligence startup Sarvam AI, valuing the Bengaluru-based company at around $1.5 billion, sources aware of the matter said.
1 mins
May 15, 2026
Financial Express Chennai
‘FPI selloff has already started to ease’
Taher Badshah, president and CIO of Invesco Mutual Fund, believes that selling by foreign portfolio investors has started to ease. He tells Kushan Shah key markers like earnings growth, inflation and currency stability are looking better now. Excerpts:
2 mins
May 15, 2026
Financial Express Chennai
US Senate confirms Kevin Warsh to lead Fed
THE SENATE NARROWLY confirmed Kevin Warsh as chair of the Federal Reserve, setting up the most controversial leadership transition at the US central bank in decades and a test of its political independence.
2 mins
May 15, 2026
Financial Express Chennai
India asks US for Russian oil waiver extension
INDIA HAS ASKED the US to extend its waiver on Russian oil, according to people familiar with the matter, as the nearly 11-week war in the Persian Gulf disrupts energy supply.
1 min
May 15, 2026
Financial Express Chennai
ECB borrowings at $5.43 billion hit 1-year high in Mar
EXTERNAL COMMERCIAL BORROWINGS (ECBs) touched a one-year high in March, though borrowings were below the levels seen in the year-ago period.
1 min
May 15, 2026
Financial Express Chennai
Modi may seek more energy supplies during brief UAE visit
PRIME MINISTER NARENDRA Modi will visit the United Arab Emirates briefly on Friday, where he is likely to discuss long-term energy supply deals and seek support to expand India’s strategic oil reserves, three sources said.
1 mins
May 15, 2026
Financial Express Chennai
Honda confirms two new SUVs for India from 2028
HONDA HAS ANNOUNCED plans to introduce two all-new SUVs in India from 2028 onwards. This announcement was made by Honda global CEO Toshihiro Mibe during the company’s global financial results presentation, where India was identified alongside North America and Japan as a priority market.
1 min
May 15, 2026
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