Top News on Oct 11: Noel Tata named Chairman of Tata Trusts, Nobel Peace Prize awarded, Trudeau meets Modi in Laos, more

After the death of Ratan Tata, Noel Tata succeeded him as the head of Tata Trusts, a collective of charities that indirectly controls the $165 billion business empire spread across 100 countries.

Livemint
Published11 Oct 2024, 09:16 PM IST
New Delhi: An undated photo of Noel Tata who has been appointed as chairman of Tata group's philanthropic arm Tata Trusts.
New Delhi: An undated photo of Noel Tata who has been appointed as chairman of Tata group’s philanthropic arm Tata Trusts.(PTI)

In today's top news, we have – Noel Tata appointed Chairman of Tata Trusts; India’s industrial production declined for the first time in almost two years in August; India said in a statement that it is closely monitoring situation in crisis-hit Lebanon; SEBI put Trafiksol IPO listing on hold, and more

1. Noel Tata appointed Chairman of Tata Trusts

Noel Tata has been chosen to succeed Ratan Naval Tata as Chairman of the Tata Trusts, the philanthropic entities that own the holding company of the Tata Group companies.

Also Read | Why Ratan Tata considered failure a gold mine

After the death of Ratan Tata, Noel Tata succeeded him as the head of Tata Trusts, a collective of charities that indirectly controls the $165 billion business empire spread across 100 countries.

Noel is known for his relatively low-profile leadership style, a stark contrast to predecessor's more public-facing role. Though being on the board of several Tata Group firms, Noel has remained out of the limelight and instead focused on operations.

Tap here to read full report

2. India’s Industrial output declines

India’s industrial production contracted for the first time in almost two years in August. The index of industrial production declined 0.1% from a year earlier after growing 4.7% in July, the Ministry of Statistics said Friday. Economists surveyed by Bloomberg had predicted a 1% increase.

The decline in industrial output was impacted by a sharp base effect across sectors, compounded by excessive rainfall in several regions.

Tap here to read full report

3. India closely monitoring situation in crisis-hit Lebanon

India said on Friday that it is closely monitoring the situation in crisis-hit Lebanon after two United Nations (UN) peacekeepers in the country's south were injured in an Israeli attack.

 

Also Read | Israel offensive leaves quarter of Lebanon under evacuation orders

The Ministry of External Affairs issued a statement on Friday, saying, “We are concerned at the deteriorating security situation along the Blue Line. We continue to monitor the situation closely."

Tap here to read full report

4. SEBI puts Trafiksol IPO listing on hold

In an usual move, the markets regulator on Friday ordered theBombay Stock Exchange to not proceed with the listing shares of the company Trafiksol ITS Technologies Ltd till Sebi completes its investigation into the case. BSE had already postponed the listing of Trafiksol shares on September 17 after it was informed about the investor complaints with Sebi.

Tap here to read full report

5. Canada’s Justin Trudeau meets PM Modi in Laos

Canadian Prime Minister Justin Trudeau said on Friday he had met with Prime Minister Narendra Modi and spoke to him about the "work that we need to do" at a summit in Laos. Both leaders reportedly met on the sidelines of the ASEAN (Association of South East Asian Nations) Summit in Vientiane, Laos on Thursday.

Tap here for read full report

6. Mahadev online betting app accused Sourabh Chandrakar arrested

Sourabh Chandrakar, one of the main promoters of the Mahadev online betting app, was recently arrested in Dubai following an Interpol Red Corner notice issued at the request of the Enforcement Directorate (ED).

Also Read | Mahadev betting scam: Mastermind Sourabh Chandrakar arrested in Dubai

Until a few years back, Sourabh Chandrakar used to run a juice shop called ‘Juice Factory’ with his brother in Bhillai town, Durg district, Chhattisgarh, while his business partner, Ravi Uppal, is an engineering graduate.

Tap to read full report here

7. Nobel Peace Prize 2024: What is Nihon Hidankyo?

Nobel Peace Prize 2024: Japanese Organisation Nihon Hidankyo was bestowed with the prestigious Nobel Peace Prize 2024. Announcing the award on Friday, the Norwegian Nobel Committee said, “...it wishes to honour all atomic bomb survivors from Hiroshima and Nagasaki...”

From its work to significance – Tap here to read more about Nihon Hidankyo, or Japan Confederation of A- and H-Bomb Sufferers Organisations.

Also Read | Nobel Peace Prize 2024 awarded to Japan’s Nihon Hidankyo

8. Air India Express flight mid-air emergency

An Air India Express flight, carrying 140 passengers from Tirchy to Sharjah, landed safely after facing a mid-air emergency on Friday. According to reports, the flight experienced a technical problem (Hydraulic failure) and was "rounding in air space to decrease the fuel”.

Tap here to read more

 

Catch all the Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:11 Oct 2024, 09:16 PM IST
Business NewsNewsIndiaTop News on Oct 11: Noel Tata named Chairman of Tata Trusts, Nobel Peace Prize awarded, Trudeau meets Modi in Laos, more

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Tata Steel share price

    149.70
    07:18 PM | 1 NOV 2024
    1.05 (0.71%)

    Indian Oil Corporation share price

    145.00
    07:19 PM | 1 NOV 2024
    2.3 (1.61%)

    Tata Power share price

    445.20
    07:19 PM | 1 NOV 2024
    5.15 (1.17%)

    Bandhan Bank share price

    183.65
    07:10 PM | 1 NOV 2024
    1.4 (0.77%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Rainbow Childrens Medicare share price

    1,545.00
    06:59 PM | 1 NOV 2024
    -67.25 (-4.17%)

    ICICI Securities share price

    833.45
    06:59 PM | 1 NOV 2024
    -32.85 (-3.79%)

    Vijaya Diagnostic Centre share price

    966.70
    06:59 PM | 1 NOV 2024
    -30.35 (-3.04%)

    Narayana Hrudayalaya share price

    1,235.60
    06:59 PM | 1 NOV 2024
    -36.75 (-2.89%)
    More from Top Losers

    Brigade Enterprises share price

    1,244.80
    07:19 PM | 1 NOV 2024
    71.75 (6.12%)

    PCBL share price

    432.15
    07:17 PM | 1 NOV 2024
    21.35 (5.2%)

    Piramal Pharma share price

    281.85
    07:17 PM | 1 NOV 2024
    13.45 (5.01%)

    Jubilant Pharmova share price

    1,273.00
    06:59 PM | 1 NOV 2024
    60.65 (5%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      80,565.00-790.00
      Chennai
      80,571.00-790.00
      Delhi
      80,723.00-790.00
      Kolkata
      80,575.00-790.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.92/L-0.06
      Chennai
      101.23/L0.43
      Kolkata
      104.95/L0.00
      New Delhi
      94.77/L0.00

      Popular in News

        HomeMarketsPremiumInstant LoanMint Shorts