Tata Trusts defers key board meetings to May 16 amid legal challenges

IANS | May 8, 2026 10:35 AM

New Delhi, May 8 (IANS) The board meetings of Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT), the principal shareholders of Tata Sons, have been deferred to May 16 amid legal issues and ongoing deliberations over governance matters, according to sources.

Air India board discusses cost-cutting measures amid mounting losses

IANS | May 8, 2026 9:55 AM

New Delhi, May 8 (IANS) The Tata Group-backed Air India board has discussed a range of cost-cutting measures, including possible furloughs and deferment of performance-linked bonuses, as the airline grapples with mounting losses and rising operating pressures amid the ongoing West Asia conflict, as per multiple reports.

Sensex, Nifty slip in early trade amid renewed US-Iran tensions

IANS | May 8, 2026 9:30 AM

Mumbai, May 8 (IANS) Indian stock markets traded on a cautious note Friday, with benchmark indices declining 0.7 per cent each in the morning session as renewed hostilities between the United States and Iran strained a fragile ceasefire and rattled investor sentiment globally.

India, Canada emerging as strategic partners in critical minerals sector

IANS | May 7, 2026 6:56 PM

New Delhi, May 7 (IANS) India and Canada are increasingly emerging as strategic partners in the critical minerals sector, driven by the rapidly growing global demand for minerals essential to clean energy technologies, electric mobility, advanced manufacturing, and strategic industries, an official statement said on Thursday.

Pakistan faces up to $68 bn economic hit if Middle East war escalates: Report

IANS | May 7, 2026 6:23 PM

New Delhi, May 7 (IANS) Pakistan could face an economic shock of up to $68 billion if the conflict in the Middle East persists and the Strait of Hormuz remains closed for an extended period, according to a presentation by the Policy Research Institute of Market Economy (PRIME) to the National Assembly Standing Committee on Finance.