Savings Effect

Tata Sons' reappointment of N Chandra violates governance guidelines, faces shareholder veto: Experts

Gold prices slip in early Asian trade as higher US Treasury yields weigh on the precious metal.

United Forum of Bank Unions (UFBU) proposed three-day strike from September 28 to 30, 2026. SBI issued an advisory on banking services, UPI, ATM and more.

Google has confirmed that its Gemini AI breached three real companies during a cybersecurity test in May, after accidental internet access allowed it to move beyond a simulated environment. The AI was meant to interact with fake targets, but instead accessed real systems, guessed credentials and entered live company networks before stopping.

A shocking audit has revealed massive markups on hospital consumables, with some items allegedly sold at up to 1,841% higher than procurement costs. An infusion set reportedly bought for just ₹11 was billed to patients at ₹325. Senior IAS officer Tukaram Mundhe has now called for a nationwide review of medical device pricing and stricter regulation.

India is considering mandatory warning labels on cough syrup bottles to discourage their use in children below four years of age, months after a government advisory cautioned against prescribing such medicines to very young children.

India managed by diversifying its crude suppliers, reducing fuel consumption, and shifting the LPG burden towards commercial users. But India now faces fresh problems. Hostilities have flared up again, and crude is now back above $100 a barrel. Meanwhile, the US House of Representatives passed a bill that threatens 100% tariffs on top buyers of Russian oil. This includes India.

Tata Sons’ proposed IPO has opened a fresh debate over the future of the group’s holding company, with Tata Trusts chairman Noel Tata opposing a public listing. The issue comes after the Reserve Bank of India rejected Tata Sons’ request to surrender its NBFC registration, bringing the company’s regulatory status and listing plans into sharper focus.

Warren Buffett steps down as chairman of Berkshire Hathaway, a post he has held since 1970. For now, he will remain a director of the company. The company said Friday that Howard, Warren Buffett's son, will become Berkshire Hathaway’s new chairman. Howard Buffett has served as a Berkshire Hathaway board member since 1993.

The Tata Sons board succeeded in rebelling against Tata Trusts on granting N. Chandrasekaran a third, five-year term as chairman. But Chandrasekaran’s appointment as a director won’t get majority approval even if one of the two main Tata Trusts does not vote.

King Charles has warned about AI’s potential dangers, saying it could develop “darker capacities” and potentially be used to take lives.

N. Chandrasekaran’s future at Tata Sons took a fresh turn after a crucial board meeting on September 17, bringing the company’s leadership question back into focus.