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FIDUCIARY DUTIES
Tata Trusts' vice chairmen Vijay Singh and Venu Srinivasan rebut claims by Darius KhambataTata Trusts vice chairmen Vijay Singh and Venu Srinivasan defended their actions against criticisms from Darius Khambata regarding Tata Son...- How can corporate governance evolve to better serve all stakeholders in India?Corporate governance is evolving in India as directors balance multiple stakeholders' interests and act accordingly. Section 166 of the Com...
- Who was Matt Lambert? Washington DC gym shooting suspect identified as 55-year-old doctor engaged in lengthy legal dispute with his building's managementA shooting incident at a Washington, DC, gym resulted in one death and multiple injuries. Dr. Matt Lambert targeted an individual there and...
- Mehli Mistry challenges removal as Tata Trusts trustee, seeks independent inquiry into governanceMehli Mistry has filed a challenge against his removal as a trustee of the Sir Dorabji Tata Trust. He has raised concerns about procedural ...
- Mistry Objection Not Valid, say two Tata TrustsTwo Tata trusts, Sir Dorabji Tata Trust and Bai Hirabai Jamsetji Tata Navsari Charitable Institution, challenge Mehli Mistry's objections. ...
- Tata Sons mulling legal view on Trusts offer, not seen as a Trusts resolution to be consideredTata Sons board has not yet formally met to consider the restructuring proposal from Tata Trusts. The proposal aims to avoid the mandatory ...
- PRIM, But Is It Proper? Sebi lowers the velvet rope to ₹25 lakh, but the fees can still stack upSebi has revised the minimum investment threshold for Portfolio Management Services to an accessible ₹25 lakh. This adjustment allows discr...
- Tata Trusts rift deepens: Noel Tata-led trustees say 'Trusts do not run Tata Sons' as they defend restructuring plan to avoid listingTrustees of Tata Trusts have rebuffed objections from two senior trustees concerning a proposed restructuring of Tata Sons. They emphasized...
- Explained: What is a public benefit corporation, the Anthropic legal structure?AI lab Anthropic, the developer of Claude, is planning one of the biggest IPOs in history as a public benefit corporation, a legal structur...
- Inside the deal engine room: VCs and PEs make the case for ERP as a governance variableAt an NTT DATA Business Solutions Pvt. Ltd. India roundtable, a cohort of leading VCs and PE investors argued that the maturity of a compan...
- Tata Sons vs Trusts may shift from boardroom to courtroomTata Trusts, led by Noel Tata, is preparing to challenge Tata Sons’ decision to reappoint N Chandrasekaran as chairman, potentially taking ...
- Tata Sons dispute: Abhishek Singhvi says he enters fray with 'sadness and regret'Senior advocate Abhishek Singhvi has stepped in to represent Tata Trusts in the escalating Tata Sons dispute, saying he does so with “sadne...
- Tata Sons sets ball rolling for listing after RBI diktat; February 2027 emerges as approximate internal targetTata Sons has started preparing for a potential stock market listing after the RBI directed it to comply with regulations for upper-layer N...
- RBI has enough tools to absorb liquidity surge, 'nothing off table': Governor MalhotraThe Reserve Bank of India possesses tools to manage banking liquidity from deposit inflows. Governor Sanjay Malhotra indicated a readiness ...
- Russia’s SberBank unveils GigaDoc AI smart mirror for express health assessment in IndiaSberMedAI's GigaDoc smart mirror provided free express health assessments at Innoprom India. This innovative solution analyzes key health i...
- Fintechs must treat data as fiduciary duty, not business asset, says RBI Governor Sanjay MalhotraMumbai fintechs must treat user data as a fiduciary responsibility, not a business asset. RBI governor Sanjay Malhotra stressed trust is ke...
- 'Fintechs must treat data as fiduciary duty, not business asset,' says RBI Governor Sanjay MalhotraReserve Bank of India governor Sanjay Malhotra stressed data fiduciary responsibility for fintechs. He stated that user data must be treate...
- Word of the day: FiduciaryToday's word of the day 'fiduciary' describes relationships built on legal and ethical trust, where one party must act in another’s best in...
- Sebi to discuss stricter norms for fiduciariesThe proposal is likely to be taken up at Sebi’s board meeting next week, the official said.
- Law firms look into alleged fiduciary duty violations by IGateThese law firms are reaching out to shareholders and investors of IGate to join their investigation to ascertain if the company's Board vio...
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