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Judge Amogh Kaloti: The man who holds key to Tata dispute

Judge Amogh Kaloti: The man who holds key to Tata dispute

Judge Amogh Shyamkant Kaloti has also worked as Joint Secretary, Secretary and SLA in Law and Judiciary Department, Government of Maharashtra MUMBAI: Till recently, Amogh Kaloti, who works under the law and judiciary department headed by chief minister Devendra Fadnavis, was barely known outside Maharashtra’s legal circles. A low-profile district judge who was appointed Maharashtra’s…

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She first willed her 79 square yards land to her younger sister, then revoked it; second Will gave it to her adopted daughter, why Punjab & Haryana HC upheld it

She first willed her 79 square yards land to her younger sister, then revoked it; second Will gave it to her adopted daughter, why Punjab & Haryana HC upheld it

The High Court also accepted the validity of the woman’s later registered Will. (Image for representative purpose only) A property dispute between two sisters over a six-room house in Ludhiana has reached the Supreme Court after the Punjab and Haryana High Court ruled in favour of the elder sister’s adopted daughter. The dispute concerns a…

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Busy Thursday: 6 listings & a mega IPO

Busy Thursday: 6 listings & a mega IPO

Day will also witness the listing of six companies after their IPO bids closed last week MUMBAI: Thursday is going to be a busy day for Dalal Street. While the much-awaited NSE IPO will open for subscription, the day will also witness the listing of six companies after their IPO bids closed last week.These companies,…

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Who owns Tata, who runs it? The power struggle between Tata Sons and Tata Trusts explained

Who owns Tata, who runs it? The power struggle between Tata Sons and Tata Trusts explained

Noel Tata, chairman of Tata Trusts, voted against the proposal. The Tata group leadership crisis has deepened with Tata Sons’ board on Thursday voting to give N Chandrasekaran another five-year term as executive chairman. This has overturned his earlier decision to step down. But Tata Trusts, the conglomerate’s majority shareholder, has rejected the resolution almost…

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She declared Rs 43,796 income but omitted Rs 14.02 lakh interest from her ITR; tax officer imposed a 200% penalty of Rs 4.85 lakh, but ITAT cut it to Rs 1.21 lakh

She declared Rs 43,796 income but omitted Rs 14.02 lakh interest from her ITR; tax officer imposed a 200% penalty of Rs 4.85 lakh, but ITAT cut it to Rs 1.21 lakh

The NRI woman declared an income of Rs 43,796 for the assessment year 2020-21. (Image for representative purpose only) You file your income tax return but end up under-reporting your income. But, the Income Tax Department treats it as mis-reporting of income and imposes a heavy penalty on you. What happens then?This is the case…

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NSE IPO opens for subscription: From GMP, market cap to status & global comparison - top 10 things to know

NSE IPO opens for subscription: From GMP, market cap to status & global comparison – top 10 things to know

The public offering is a major step for NSE after its plans to list on the stock exchanges remained stuck. (Image for representative purpose only) NSE IPO: The Initial Public Offering (IPO) of National Stock Exchange of India (NSE), the country’s largest stock exchange by total turnover across the cash market and equity derivatives segments,…

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NSE IPO subscription status: National Stock Exchange’s offer gets subscribed 42% on its first day

NSE IPO subscription status: National Stock Exchange’s offer gets subscribed 42% on its first day

The $2.3 billion offering is among the largest IPOs in India. NSE IPO subscription status today: The National Stock Exchange of India’s Rs 225.69 billion ($2.3 billion) IPO received subscription of 42% on Thursday, the first day of bidding, indicating a somewhat muted opening for one of the country’s most closely watched offerings.Investors bid for…

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Tata Trusts: Big battle breaks out: Tata Trusts call reappointment of Chandrasekaran as chairman 'illegal'

Tata Trusts: Big battle breaks out: Tata Trusts call reappointment of Chandrasekaran as chairman ‘illegal’

File photo: N Chandrasekaran A major battle has broken out at Tata Sons after Tata Trusts on Thursday called the board’s decision to reappoint N Chandrasekaran as chairman for another five-year term “illegal”, setting up a potential legal and governance dispute at the top of the Tata Group.The Trusts said the resolution approving Chandrasekaran’s reappointment…

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Us Sanctions Bill: 'Implications for ties, unauthorised, unfriendly': How India, Russia and China reacted to US sanctions Bill

Us Sanctions Bill: ‘Implications for ties, unauthorised, unfriendly’: How India, Russia and China reacted to US sanctions Bill

This is an AI-generated image, used for representational purposes only India, Russia and China on Thursday reacted to a sweeping US sanctions bill that gives President Donald Trump the authority to impose tariffs of up to 100 per cent on countries including India and China over purchases of Russian oil and gas.The US House of…

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