Category: Business

Sonos is also adding Model Context Protocol (MCP) support that will bring your preferred AI service into the fold. (Official image)
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Sonos 27 makes a compelling case for audio versatility, and AI joins the flow

This is undeniably a new era for US audio giant Sonos. The company has rolled out Sonos 27, which you might think of as partly…

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The parent of CBS and other media businesses has proposed buying Warner Bros., which owns the CNN news channel among other assets, for $110 billion, including debt. (REUTERS)
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FCC approves foreign funding for Paramount-Warner Bros deal: ‘Serve the public interest’

The Federal Communications Commission approved Paramount Skydance Corp.’s request to allow foreign financing in excess of 25% in its proposed acquisition of Warner Bros. Discovery…

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A man touches the stairs as he arrives at the Bombay Stock Exchange (BSE) building in Mumbai (REUTERS/File)
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Stock market today: Sensex, Nifty open higher amid crude price pullback; Tata stocks in focus

Benchmark indices Sensex and Nifty opened marginally higher on Friday, September 18, numbers driven by an ease in crude oil prices, although continued international tensions…

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As Chandrasekaran was an ‘interested party’, he recused himself from the proceedings of this crucial resolution (PTI)
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Tata Sons revolt erupts as board votes to reappoint N Chandrasekaran, Noel objects

An unprecedented revolt at Tata Sons has plunged India’s largest conglomerate into a critical governance crisis, after directors voted to grant chairman N Chandrasekaran a…

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Noel, who became chair of Tata Trusts in October 2024, two days after his half-brother Ratan Tata died on 9th, faced many challenges, including helping SP Group. (PTI)
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Noel presents SP Group’s offer to sell back 3% Tata Sons stake for ₹25,000 crore

Tata Trusts chair Noel Tata presented a Shapoorji Pallonji (SP) Group proposal to the Tata Sons board on Thursday, wherein the minority investor offered to…

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Noel’s statement challenges Tata Sons’ claim that its board had decided to “start steps to follow the applicable RBI guidelines.” (REUTERS)
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Noel Tata vows to veto IPO listing, seeks 3-yr window from RBI: ‘If I’m forced to vote…’

Tata Trusts chairman Noel Tata told the Tata Sons board on Thursday that he would block any decision to list the country’s largest company by…

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An undated photo of Noel Tata who has been appointed as chairman of Tata group's philanthropic arm Tata Trusts. (PTI)
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‘Tata model has to be saved’: Noel Tata pushes against public listing of Tata Sons

Tata Trusts has pushed back against Tata Sons’ move towards a public listing, with chairman Noel Tata saying it would be a mistake for the…

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US stock futures rise after Fed rate hike as tech stocks lead Dow, S&P 500 and Nasdaq futures higher. (Pexel)
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US stock futures today: Why Dow, S&P 500 and Nasdaq futures are rising after Fed hike

US stock futures moved higher in premarket trading on Thursday, with technology stocks leading the gains. Dow Jones futures climbed 619 points, or 1.2%. S&P…

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Tata Sons Chairman Natarajan Chandrasekaran (left) and Tata Trusts Chairman Noel Tata.
Posted in Business

Tata Trusts chairman Noel Tata calls Chandrasekaran’s reappointment ‘illegal’, cites Tata Sons’ rules

After Tata Sons approved a fresh five-year term for N Chandrasekaran as executive chairman, Tata Trusts issued a statement saying it maintains that the resolution…

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N Chandrasekaran, was re-appointed as the Chairman of Tata Sons at a board meeting on Thursday (REUTERS)
Posted in Business

From not seeking another term to re-appointment: What led to N Chandrasekaran’s return as Tata Sons chairman

The board of Tata Sons on Thursday stated it “unanimously” voted to re-appoint N. Chandrasekaran as executive chairman of the group. This re-appointment comes after…

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