Indian conglomerate
Adani Enterprises Launches Rs 24,930 Crore Rights Issue at 24% Discount for Infrastructure Expansion
Nov 25, 2025 10:20 pm CST
Adani Enterprises Ltd has launched one of India's largest rights issues worth Rs 24,930.30 crore, offering shares at Rs 1,800 each with a 24% discount. The proceeds will fund infrastructure projects across airports, data centers, green hydrogen, and other sectors, with promoters confirming their participation in the issue closing on December 10.
Gopichand Hinduja: The Journey of a Business Titan Who Led UK's Richest Family
Nov 04, 2025 10:07 pm CST
Gopichand P Hinduja, the 85-year-old chairman of the Hinduja Group and head of Britain's richest family, has passed away in London. This article explores his remarkable journey from the family trading business to building a 35-billion-pound global conglomerate spanning automotive, energy, banking, and infrastructure sectors, highlighting his business acumen, legacy, and the complex dynamics of the wealthy Hinduja family.
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'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.
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.