corporate governance

  • Tata Trusts Leadership Crisis: Mehli Mistry Loses Board Position in Escalating Power Struggle

    Tata Trusts Leadership Crisis: Mehli Mistry Loses Board Position in Escalating Power Struggle

    Oct 28, 2025 05:05 pm CST

    A significant leadership crisis has emerged at Tata Trusts as Mehli Mistry was voted off the board by key trustees Noel Tata, Venu Srinivasan, and Vijay Singh. This power struggle within the organization that controls 66% of Tata Sons threatens corporate stability and may lead to legal challenges. The conflict intensified following disagreements over board appointments and concerns about decision-making transparency, prompting high-level government intervention to preserve the stability of the Rs 25 lakh crore conglomerate.

  • Tesla Shareholders Warned: Elon Musk May Leave If $1 Trillion Compensation Package Fails

    Tesla Shareholders Warned: Elon Musk May Leave If $1 Trillion Compensation Package Fails

    Oct 27, 2025 10:01 pm CST

    Tesla Chair Robyn Denholm has warned shareholders that Elon Musk might depart as CEO if his proposed $1 trillion compensation package isn't approved at the upcoming November 6 meeting. The board argues this performance-based plan is crucial for retaining Musk's leadership for Tesla's future in AI and autonomous technology.

  • LIC Firmly Denies Washington Post Allegations: Investment Decisions Made with Integrity and Due Diligence

    LIC Firmly Denies Washington Post Allegations: Investment Decisions Made with Integrity and Due Diligence

    Oct 25, 2025 04:50 pm CST

    The Life Insurance Corporation of India (LIC) has issued an official denial against Washington Post reports claiming external influence on its investment decisions, particularly regarding Adani group. LIC emphasized that all investments follow strict due diligence protocols and Board-approved policies, with no external bodies influencing these decisions. The insurer recently reported a 3.91% year-on-year increase in its consolidated net profit for Q1 FY26.

  • The Devastating Impact of a Simple Name Change: How Bira 91

    The Devastating Impact of a Simple Name Change: How Bira 91's Regulatory Crisis Led to Financial Collapse

    Oct 11, 2025 05:46 pm CST

    A minor legal name change from B9 Beverages Private Limited to B9 Beverages Limited triggered devastating regulatory consequences for craft beer brand Bira 91, resulting in sales dropping 22%, losses increasing 68%, and over 250 employees petitioning for the founder's removal amid months of unpaid salaries and operational chaos.

  • Tata Trusts Holds Cordial Board Meeting Amid Growing Governance Tensions at Tata Sons

    Tata Trusts Holds Cordial Board Meeting Amid Growing Governance Tensions at Tata Sons

    Oct 10, 2025 09:55 pm CST

    Tata Trusts conducted a routine board meeting focused on charitable activities amid growing internal tensions regarding board appointments at Tata Sons. The dispute stems from disagreement over director reappointments following policy changes implemented after Ratan Tata's passing, highlighting governance challenges within India's most valuable conglomerate that controls approximately 400 companies.

  • Boardroom Turmoil at Tata Group: Trustee Removal Signals New Era in India

    Boardroom Turmoil at Tata Group: Trustee Removal Signals New Era in India's Largest Conglomerate

    Oct 10, 2025 04:54 pm CST

    Internal discord at Tata Trusts has emerged following the unprecedented removal of Vice Chairman Vijay Singh from the Tata Sons board, revealing power struggles within India's $180-billion conglomerate. The conflict centers on board appointments, business direction, and minority shareholder management, raising concerns about corporate governance in India's most respected business group.

  • Elon Musk

    Elon Musk's $878 Billion Tesla Package: How He Can Earn Billions Without Meeting Most Performance Goals

    Oct 09, 2025 10:43 pm CST

    Elon Musk's record-breaking $878 billion Tesla compensation package allows him to earn tens of billions in stock by meeting just a few modest goals, without achieving the transformative breakthroughs promised. Analysis shows loosely written performance metrics and easily achievable targets could net Musk over $50 billion while Tesla's core business struggles with aging models and increasing competition.

  • Internal Power Struggle Threatens Stability at Tata Trusts: Trustees Divided Over Board Appointments and Governance

    Internal Power Struggle Threatens Stability at Tata Trusts: Trustees Divided Over Board Appointments and Governance

    Oct 08, 2025 01:24 am CST

    A significant power struggle has emerged within Tata Trusts, which controls India's $180 billion Tata conglomerate through its 66% stake in Tata Sons. The conflict centers around board appointments with trustees divided into two factions—one led by Chairman Noel Tata and another by Mehli Mistry. The dispute escalated after four trustees rejected the reappointment of former defense secretary Vijay Singh to the Tata Sons board, raising concerns about the future governance of India's most valuable business group.

  • Bombay High Court Dismisses Anil Ambani

    Bombay High Court Dismisses Anil Ambani's Challenge to SBI's Fraud Classification of Accounts

    Oct 03, 2025 08:39 pm CST

    The Bombay High Court has rejected industrialist Anil Ambani's petition against State Bank of India's classification of his and Reliance Communications' accounts as fraudulent. The ruling comes amid allegations of fund misappropriation amounting to Rs 2,929.05 crore, which has prompted a CBI investigation into the matter.

  • Adani Group Adds Rs 69,000 Crore In Market Cap After SEBI Order

    Adani Group Adds Rs 69,000 Crore In Market Cap After SEBI Order

    Sep 19, 2025 10:44 pm CST

    Shares in Adani Group companies surged on Friday after markets regulator SEBI cleared the conglomerate of allegations made by US short-seller Hindenburg Research.