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Tata Sons, SP step up peace talks

Financial Express Mumbai

|

October 01, 2025

FROM THE FRONT PAGE

BATTLING DEBTISSUES, the SP group has been insisting on a public share sale to monetise its stake, which the Tatas have declined. Ahead of the annual general meeting on August 14 this year, Tata Sons chairman N Chandrasekaran had met Shapoor Mistry, the chairman of the SP group, to discuss the way forward.

This was immediately after the Noel Tata-led Tata Trusts directed the Tata Sons chairman to consider all options so that the holding company of the Tata group stays private. The Trusts also asked him to facilitate SP group’s exit from the group. There have been several rounds of talks between the two since then on a viable route.

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CoreWeave signs $14 bn Al infra deal with Meta

COREWEAVE HAS SIGNED a deal to supply Meta Platforms with as muchas $14.2 billion worth of computing power, underscoring the massive costs of developing and running advanced AI models.

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Winning loyalty

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ADB trims FY27 growth projection to 6.5% for India

THE ASIAN DEVELOPMENT Bank (ADB) on Tuesday retained its India growth projection at 6.5% for FY26, but trimmed the FY27 growth projection by 20 basis points to 6.5%, as the steep US tariffs levied on exports are expected to weigh on India’s growth.

time to read

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Satcom players urge DoT for separate permit

SATELLITE INTERNET SERVICE providers have urged the department of telecommunications (DoT) to create a dedicated licence category for them, stating that the draft telecom authorisation framework risks slowing down growth in the sector and deterring investment.

time to read

1 mins

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RoDTEP scheme for exporters extended till end of March '26

THE GOVERNMENT ON Tuesday extended the period of its flagship export promotion scheme Remission of Duties and Taxes on Exported Products (RoDTEP) till the end of this year as exporters face increasing uncertainty in the global market.

time to read

1 mins

October 01, 2025

Financial Express Mumbai

Tata Sons, SP step up peace talks

FROM THE FRONT PAGE

time to read

2 mins

October 01, 2025

Financial Express Mumbai

Swiss medicines, wines to get cheaper

WITHTHE ENTRY into force of the Trade and Economic Partnership Agreement (TEPA) with the European Free Trade Association (EFTA), the prices of Swiss wine and medicines willseea major drop.

time to read

2 mins

October 01, 2025

Financial Express Mumbai

New SIP registrations hit four-month low in August

SIP CLOSURES ON A DECLINE

time to read

1 min

October 01, 2025

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GOODS AND SERVICES TAX 2.0 E-comm platforms under govt watch

E-COMMERCE PLATFORM OPERATORS such as Flipkart, Amazon, Blinkit and Zepto are under the government’s lens for hiking prices of certain items despite sweeping rate cuts under GST 2.0 that became effective September 22.

time to read

1 min

October 01, 2025

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SpiceJet to double its daily flights

LOW-COST CARRIER SPICE- JET plans to triple its active fleet and more than double its daily flights by mid- November as it works to regain lost ground.

time to read

1 min

October 01, 2025

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