Essayer OR - Gratuit

Srinivasan’s Tata Trusts continuity a mere formality

Mint Kolkata

|

October 24, 2025

other trustees was already taken and approved pursuant to the aforesaid resolution of 17 October 2024 by each of the trustees and the resolution proposed in Circular No: 87 dated 18 October 2025 is a formalistic one to give effect to an already taken unanimous decision of the trustees," Mehli Mistry wrote in response to a circular, dated 18 October, seeking reappointment of Srinivasan.

Srinivasan’s Tata Trusts continuity a mere formality

"I hereby consent to the reappointment of Mr. Venu Srinivasan commencing on 24 October 2025, provided that an identical unanimous resolution is passed by the trustees in respect of all other Trustees, as and when their respective tenures expire, in accordance with the unanimous resolution of 17 October 2024," Mistry wrote in his response.

"For the avoidance of doubt, should any trustee elect not to pass this resolution reappointing Mr. Venu Srinivasan or an identical unanimous resolution for all other trustees as and when their respective tenures expire, then in such event, I do not provide my formal approval for the reappointment of Mr. Venu Srinivasan in terms of Circular No 87 dated 18 October 2025. Needless to state, I do not expect such a situation to arise," Mistry said.

PLUS D'HISTOIRES DE Mint Kolkata

Mint Kolkata

Apax Funds picks small stake in dosa, foods co iD Fresh

Global private equity firm Apax Funds has acquired a significant minority stake in iD Fresh Food, which makes ready-to-cook packaged food items.

time to read

2 mins

January 06, 2026

Mint Kolkata

Marico’s Q3 margins find relief as copra prices ease

Shares of Marico Ltd shares hit a fresh 52-week high of ₹775.20 on Monday, as its December-quarter (Q3FY26) update suggests the worst of margin pressures may be behind.

time to read

1 mins

January 06, 2026

Mint Kolkata

Lou Gerstner: The CEO who taught IBM how to dance

Louis Vincent Gerstner Jr., the American business leader whose steady hand and clear-sighted strategy pulled International Business Machines Corp (IBM) from the brink of collapse and reshaped it for the dawn of the digital age, died on 27 December 2025 at his home in Jupiter, Florida.

time to read

3 mins

January 06, 2026

Mint Kolkata

Trump warns of higher India tariffs

Graham, a close Trump ally travelling with him, said US sanctions on Russian oil companies and higher tariffs on India had helped curb Indian oil imports.

time to read

1 min

January 06, 2026

Mint Kolkata

The hidden cost of blindly chasing MF leaderboards and past returns

How market cycles and styles keep reshaping mutual fund rankings, and why recent performance rarely repeats

time to read

5 mins

January 06, 2026

Mint Kolkata

Mint Kolkata

Simulation or not, Musk's surreal year could push him to $1 tn heights

shut down if we were boring.

time to read

3 mins

January 06, 2026

Mint Kolkata

Mint Kolkata

Promoter selling hits record in secondary mkt, buying dips

Share sales by company promoters in India reached a record in 2025, and their purchases fell to the lowest level since 2022, as valuation-driven monetization efforts drove sell calls throughout the year.

time to read

2 mins

January 06, 2026

Mint Kolkata

Mint Kolkata

DUAL-ENGINE BOOM: IS SILVER THE NEW GOLD?

Greater financial demand and industrial usage is elevating the metal's status as a safe haven

time to read

7 mins

January 06, 2026

Mint Kolkata

HDFC AMC enters private credit mkt

HDFC Asset Management Company (AMC) has forayed into the fast-growing private credit market with its new Structured Credit Fund, targeting mid-market companies with alternative debt financing.

time to read

1 min

January 06, 2026

Mint Kolkata

Mint Kolkata

Buckle up: Turbulence in the East seems set to rise this year

East Asia will probably become more volatile as tensions deepen

time to read

3 mins

January 06, 2026

Listen

Translate

Share

-
+

Change font size