Tata stakeholders may seek an arbitrator, likely a retired Supreme Court chief justice, to determine the appointment of trustees for the Ratan Tata Endowment Foundation (RTEF) amidst unclear instructions left by Ratan Tata. The foundation, focused on philanthropy and research, will be independent of Tata Trusts. The arbitration could set a precedent for legacy foundation governance in India.
Tata Communications Q1 Results: Cons PAT falls 43% YoY to Rs 190 crore, revenue up 7%
Tata Communications reported a 43% YoY drop in Q1FY26 net profit at Rs 190 crore. Revenue rose 7% to Rs 5,960 crore. Sequentially, profit plunged