Tata Trusts Board Meeting: Tata Trusts to review nominee directors for Tata Sons on May 8

MUMBAI: The boardrooms of India’s most powerful philanthropic trusts are looking at an uncomfortable May 8 reckoning. The Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT), which together hold a 52% controlling stake in Tata Sons, will convene to review their nominee directors on the holding company’s board, among other agenda items.The…

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Congress: Government ignored Nicobar concerns | India News

NEW DELHI: Two days after government issued a detailed note on the ambitious Great Nicobar Project, clarifying certain questions raised by Rahul Gandhi, Congress countered its stance on Sunday by saying Centre had failed to address serious concerns raised by affected local communities, environmentalists, anthropologists, academics and civil society voices regarding the project. The opposition…

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Private credit risks may trigger wider crunch; Fed’s Michael Barr warns of ‘psychological contagion’

US Federal Reserve Governor Michael Barr has warned that stress in the fast-growing private credit market could trigger “psychological contagion” and spill into the broader financial system, Reuters reported citing an interview with Bloomberg News.Barr said direct links between banks and private credit firms do not currently appear “super worrisome”, but other areas such as…

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Canadian Security Intelligence Service: Canadian intelligence agency accuses India of interference, spying | India News

NEW DELHI: A Canadian intelligence agency has included India and China in a list of countries involved allegedly in foreign interference and espionage in Canada. In the case of India, however, Khalistan extremism was identified as a major national security threat to Canada, a point New Delhi has belaboured with Ottawa for long.The report by…

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OFAC Said Seized Wallets Were Iranian; Analysis Finds Other State Actors More Likely

Multiple wallet addresses recently sanctioned by the US Treasury ‌Department for their ties to Iran may not be linked to the Islamic Republic, but to other state actors instead, analysis published Sunday suggests. That analysis, by blockchain intelligence firm Nominis, said that while the recent seizing of wallets holding more than $340 million by Treasury’s…

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