Legal advisor to N Chandrasekaran Harish Salve argues that the Tata Sons dispute is fundamentally about the proposed listing of the company, rather than simply the reappointment of N Chandrasekaran.
An "active disagreement" of an entity that holds a 66 per cent stake cannot be ignored by a "runaway board" while making major decisions, argued senior lawyer Abhishek Manu Singhvi, who is representing Tata Trusts in the corporate dispute that broke out over a bid to re-appoint N Chandrasekaran as Tata Sons' chairman.
The Tata Sons board passed a resolution to re-appoint N Chandrasekaran as the chairman last week. Noel Tata, the chairman of Tata Trusts, which owns a 66 per cent stake in the conglomerate, voted against the move, arguing that the Tata Sons chairman had decided not to seek reappointment of his own accord and the decision was announced to the public. "The page has turned," he told the board in a statement.
Kerala Chief Minister VD Satheesan stopped his convoy after spotting an accident victim on the Ernakulam Container Road. The Chief Minister intervened and ensured the injured man was taken to hospital in his pilot car.
Tata Sons' ongoing boardroom and governance battle takes centre stage as former Solicitor General Harish Salve weighs in on the dispute over N Chandrasekaran's reappointment, Tata Trusts' objections and the Reserve Bank of India's directive on listing. In an exclusive conversation, Salve argues that the central issue is not simply the clash between Chandrasekaran and Noel Tata, but the larger question of Tata Sons' proposed listing, corporate governance, regulatory oversight and the powers of Tata Trusts. He explains the significance of the RBI's rules for Core Investment Companies, the implications of listing Tata Sons, the role of trust nominees and the legal questions surrounding the board's 4-1 decision.
President Trump warned Iran of serious consequences if it does not change course. He outlined options including destruction, economic collapse, or diplomacy with Iran. Iran's command stated any US attack would face retaliation without limitations. Iran relayed truce conditions to the US through Qatari mediators. Trump signaled openness to talks with Iranian President Pezeshkian.
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Tragedy struck Kottakamboor, Kerala, where six lives were lost due to a devastating landslide and flash flood. In response, the India Meteorological Department has issued a warning for increased rainfall across seven districts, including Thiruvananthapuram. With heavy rainfall anticipated for the next 24 hours, an orange alert has been placed for Idukki.
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A 46-year-old man was found dead in a high-end vehicle on Sunday morning. Identified as Salim Akbar from Kodagu, he was discovered unresponsive. Initial investigations and security camera footage revealed the car had been parked near a restaurant around 2:30 am. While authorities are awaiting further reports, they suspect health issues may have played a role in the death, with no indications of foul play.
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Travis Kelce's real estate holdings include a $6 million Kansas City mansion, a $355,000 Florida condo co-owned with his family, and a former Kansas City home purchased for $995,000. Together, the three properties represent $7.35 million in purchase prices. While the mansion serves as his primary residence, the Florida condo reflects his family's ties to the Sunshine State.
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Bangkok-Delhi flight diverted to Lucknow after passenger reports chest pain
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11-year-old boy injured in stray dog attack in Nagaroor
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Punjab CM launches 'Mann Da Munafa' door-to-door campaign highlighting welfare initiatives
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Govt supports student politics, no move to ban it: Minister
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Ganesh idol touches power line in Sambalpur, 4 injured
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Three children tragically drowned while bathing in a deep rainwater-filled pit on Sunday evening. The deceased were identified as Deva, Sumit, and Divyansh from Baina village. Villagers rushed to the spot and initiated a rescue operation after hearing cries for help. Two children were pulled out and declared dead at a private hospital. Divers later recovered the body of the third child after an extensive search.
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Kishanganj woman critical after poisoning sons, self
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