It is also understood that a US-based fund with an Indian-origin founder is learnt to have evinced interest, and could join hands with a domestic partner having operational experience in the telecoms sector.
Reliance Enterprise Intelligence will develop, market, and distribute enterprise AI services, the parent company had said in its press release earlier.
However, there were differences in the board meeting as Tata Trusts Chairman Noel Tata raised concerns over the losses in some of the group companies, the sources said.
“The letter stepping down before he comes up for another term on February 11 has been sent to Noel Tata and copied to other trustees of the Sir Dorabjee Tata Trust. It was expected,” a senior Tata group official said.
However, the remaining four major IT companies — Wipro, Infosys, LTIMindtree, and HCL Technologies — have added jobs this year. Infosys led in hiring, increasing its payroll by 13,456 so far in the current financial year.
In November 2025, the Sir Dorabji Tata Trust (SDTT) had unanimously approved the induction of Neville Tata and Bhaskar Bhat, former Managing Director and CEO of Titan Company, as trustees for a three-year term beginning November 12.
Under the proposed amalgamation, Ambuja Cements will issue 328 equity shares of face value Rs 2 each for every 100 equity shares of ACC of face value Rs 10 each held by eligible shareholders.
Mistry said he would not seek funds from the philanthropic entities that control the Tata conglomerate, particularly since he was removed from them last month.
It enables their registration on a national database and opens access to schemes covering health, disability, accident insurance and old-age support. It aims to give millions of workers basic protections despite their non-traditional employment structure.
According to the company’s monthly report, its newly introduced Victoris recorded 13,496 unit sales, surpassing the Grand Vitara, which managed 10,409 units during the same period.
Tata Trusts, the principal shareholder of Tata Sons, has circulated a proposal among its trustees to reappoint Mehli Mistry as a trustee for three of its key philanthropic arms — the Sir Ratan Tata Trust, the Sir Dorabji Tata Trust and the Bai Hirabai Jamsetji Tata Navsari Charitable Institution. The reappointment would confer lifetime trustee […]
Its core net interest margin was at 3.27 per cent on total assets, reflecting assets repricing faster than deposits, as against 3.35 per cent for the prior quarter ended June 30, 2025
The transaction brings together ENBD’s strong capital base and regional franchise with RBL Bank’s established presence and extensive distribution across India
The tribunal stated that RRVL should have access to all necessary records and premises through RP Rajan Rawat to finalise the next steps for restarting operations
Inside Nidhi Shah’s Mumbai house: White closet, mangrove views from balcony
Lifestyle19 min ago
Nidhi Shah, famous for her role in Anupamaa, shared a glimpse of her Mumbai home on social media. The house is a perfect blend of vintage and modern styles, with Indian-inspired elements. The living room has a six-seater sofa, TV cabinet, and two balconies overlooking mangroves. The kitchen has a clay pot and a fridge decorated with magnets from Nidhi's travels.
