Today, it is with a heavy heart that the Mistry family believes that a separation of interests would best serve all stakeholder groups, said SP group (MINT_PRINT)
Today, it is with a heavy heart that the Mistry family believes that a separation of interests would best serve all stakeholder groups, said SP group (MINT_PRINT)

Mistry family may sell Tata Sons stake, says mutual co-existence not feasible

  • The SP group’s announcement came after Tata group on Tuesday offered to buy Mistry family’s stake in Tata Sons Limited
  • Tata Sons shares have been held for decades by the Mistry group

File photo of Pangong Lake in Ladakh region (AP)
Photo: Mint

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A file photo of Ratan Tata with Cyrus Mistry (PTI)
The law firm has filed the suit against HDFC Bank Ltd, outgoing managing director Aditya Puri, chief executive officer-designate Sashidhar Jagdishan and company secretary Santosh Haldankar. Mint
The law firm has filed the suit against HDFC Bank Ltd, outgoing managing director Aditya Puri, chief executive officer-designate Sashidhar Jagdishan and company secretary Santosh Haldankar. Mint

HDFC loan restructuring: Eligibility, processing fee and how to apply

  • The restructuring application form shall have the option to apply for one or all the loans by a single application on the bank’s website
  • From processing fees to documents you need to apply for loan restructuring scheme, here's all you need to know

The customer can also visit SBI official website to apply for loan restructuring option (MINT_PRINT)
Serum Institute of India has collaborated with scientists at Oxford University for a malaria vaccine project in the past (via REUTERS)
Serum Institute of India has collaborated with scientists at Oxford University for a malaria vaccine project in the past (via REUTERS)

Serum Institute starts manufacturing Codagenix's nasal COVID-19 vaccine

  • The pre-clinical study of Codagenix's COVID-19 vaccine has showed promising results, the vaccine maker claimed
  • Codagenix's COVID-19 vaccine is delivered intranasally rather than via an injection, Robert Coleman, Ph.D., CEO of Codagenix said

Photo: iStock
Photo: iStock

An off-the-shelf box of financial products needed

It should meet the needs of a new investor in insurance and market-linked products

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PMC Bank depositors hold a banner and placards during a protest over the bank's crisis, in Mumbai (File photo: ANI)
Shot of a figurine bull and chess pieces (Photo: istock)
(Photo: Reuters)
Sebi chairman Ajay Tyagi; data from Value Research shows that three-fourths of multi-cap funds already have a higher allocation to mid- and small-cap stocks than the 23% weight they have in the top 500 stocks in the market.  (Photo: Mint)
Sebi chairman Ajay Tyagi; data from Value Research shows that three-fourths of multi-cap funds already have a higher allocation to mid- and small-cap stocks than the 23% weight they have in the top 500 stocks in the market. (Photo: Mint)

Why Sebi’s 9/11 strike on mutual funds has misfired

  • The regulator’s circular on multi-cap mutual funds hasn’t been well thought out. It needs to be quickly withdrawn
  • From Sebi’s perspective, better disclosures and investor education are areas it should focus on, rather than take upon itself the matter of asset allocation of a multi-cap fund

Former Tata Sons chairman Cyrus Mistry (left) and chairman emeritus Ratan Tata.
Former Tata Sons chairman Cyrus Mistry (left) and chairman emeritus Ratan Tata.

'Tata Sons tried to suppress, harm Shapoorji Pallonji group': Full statement

  • Today, it is with a heavy heart that the Mistry family believes that a separation of interests would best serve all stakeholder groups, the SP Group wrote
  • Current situation forced Mistry family to sit back and reflect on the past, present and possible future for all stakeholders, the SP Group said

Photo: istock
The Nobel Prize ceremony on 10 Dec will be entirely virtual, and the laureates will receive medals and diplomas in their own countries either in the Swedish embassy or at their institutes, the Nobel Foundation said (Photo: Bloomberg)
Sebi chief Ajay Tyagi. (Photo: Aniruddha Chowdhury/Mint)
Commerce and Industry Minister Piyush Goyal (Photo: ANI)
Commerce and Industry Minister Piyush Goyal (Photo: ANI)

India says no to free flow of digital data at G20 meeting

  • Goyal says India is of the view that the concept of DFFT is neither well-understood nor is comprehensive enough in the legislation of many countries
  • He adds India, like many other developing countries, is still in the phase of preparing a framework for its data protection and e-commerce laws

Photo: Indranil Bhoumik/Mint
A Delhi HC bench of justices S. Muralidhar and I.S. Mehta said the testimony of the victim and the DNA report, which was a clinching piece of evidence, have nailed the guilt of the convicts.
A Delhi HC bench of justices S. Muralidhar and I.S. Mehta said the testimony of the victim and the DNA report, which was a clinching piece of evidence, have nailed the guilt of the convicts.

Take action against those not complying with regulations: HC to TRAI

The court has given 8 weeks to TRAI to take some action on the show-cause notices issued by it to show progress made in ensuring compliance with the said regulations

Ajit Mohan said there are robust internal mechanisms within the company to handle divergence of opinion on sensitive content.
Ajit Mohan said there are robust internal mechanisms within the company to handle divergence of opinion on sensitive content.

Facebook India VP moves Supreme Court against Delhi Assembly panel summoning him

  • The assembly panel on peace and harmony is looking into complaints on the 'role or complicity of Facebook officials in the Delhi riots'
  • In a letter to the committee, Facebook said Parliament is already looking into the issue and requested the Delhi panel to withdraw its summons

Gains in U.S. stocks have been driven by earnings-per-share figures being revised upwards, especially relative to the rest of the world.
Gains in U.S. stocks have been driven by earnings-per-share figures being revised upwards, especially relative to the rest of the world.
wsj

September brings a reality check for stocks

  • Latest selloff has improved the balance between market performance and earnings expectations

The human trials of Covaxin has begun at the All India Institute of Medical Sciences, Patna
The human trials of Covaxin has begun at the All India Institute of Medical Sciences, Patna

Covaxin: Behind the scenes of the Covid-19 vaccine trials

  • A desire to help, nationalism and a sense of wanting to be part of history are among the reasons driving volunteers to participate in vaccine trials
  • About 80% of volunteers in the Phase I and II trials are men, says Dr. J.S. Kumar, professor of general medicine at SRM Institute, who’s part of the 15-doctor team for covaxin trials

(Photo; PTI)
Oyo founder and CEO Ritesh Agarwal. (Photo: Bloomberg)
The CDSCO’s draft benchmarks are same as those set by the WHO and US FDA in April and June respectively. (AFP)
(Illustration: Mint)
Parliamentarians in Lok Sabha during the ongoing Monsoon Session  (PTI)
Russian Sputnik V covid vaccine
Photo: Twitter
(representative image) (AFP)
Reliance Industries chairman, Mukesh Ambani (AFP)
Reliance Industries chairman, Mukesh Ambani (AFP)

Jio Phone: Mukesh Ambani's latest weapon to dominate Indian telecom market

  • The inexpensive phones, priced at 4,000 an unit, will be marketed with low-cost wireless plans from Reliance Jio, say people familiar with the development
  • Reliance’s target of selling 150 million to 200 million phones over two years would represent a massive boost for local factories

Pfizer says its study will likely yield conclusive results in October. (Photo: Mint)
Swiggy is India’s fifth most valuable startup, commanding a valuation of $3.3 billion. Photo: Priyanka Parashar/Mint
Swiggy is India’s fifth most valuable startup, commanding a valuation of $3.3 billion. Photo: Priyanka Parashar/Mint

Swiggy delivery partners on strike in Hyderabad, firm rejects service disruption

The Swiggy partners, under the banner of Indian Federation of App-Based Transport Workers, alleged that in recent months the management has made frequent and numerous reductions in earnings structure of delivery executives

Angel Broking IPO will close on September 24
Gold rates today: Prices on MCX fell to  ₹50,400 per 10 gram
Reliance Jio
HDFC Life has always had a customer centric approach, said the insurer in a statement.  ( Pradeep Gaur/Mint)
HDFC Life has always had a customer centric approach, said the insurer in a statement. ( Pradeep Gaur/Mint)

HDFC Life joins hands with Yes Bank to sell insurance policies

  • HDFC Life’s diverse range of life insurance products will be offered to the customers of Yes Bank
  • We aim to offer a comprehensive suite of product solutions and best in class servicing, leveraging our investments in technology, said Suresh Badami, executive director, HDFC Life

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