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BUSINESSSep 17Retire at 60? Your money may need to last much longer than you thinkPlanning around India’s average life expectancy can leave a retirement corpus exposed if you live well into your 80s or 90s.moneycontrol · india
BUSINESSSep 17LPG agencies likely to face the heat of MDR, plan to approach governmentLPG agencies anticipate challenges due to MDR and intend to appeal to the government. This suggests a looming financial or regulatory issue for the LPG industry.The Hindu
BUSINESSSep 17More victims give statements against granite baron VeeramaniInvestigators say the complaints would be thoroughly inquired into for further actionThe Hindu
BUSINESSSep 17Parasuram Express to be upgraded to LHB coachesThe Parasuram Express train service is scheduled to be upgraded with LHB coaches. This indicates an improvement in railway infrastructure and passenger services.The Hindu
BUSINESSSep 17Rly runs pilot ‘Triplet Train’ from Paradip to TalcherRly runs pilot ‘Triplet Train’ from Paradip to Talchertoi · india
BUSINESSSep 17Why did Tata Sons suddenly bring Chandrasekaran back for another five years?Tata Sons’ board approved a fresh five-year term for Chandrasekaran after he had said he would not seek reappointment. Noel Tata, chairman of Tata Trusts, voted against the move, while the board approved it by a majority. The board also moved to begin the process of listing Tata Sons after the RBI rejected its bid to surrender its NBFC registration. Just weeks ago, it looked as though the Tata Group was preparing for a leadership change. N Chandrasekaran had told the Tata Sons board in August that he did not intend to seek another term when his current tenure ends on February 20, 2027. On Thursday (17), that decision was reversed. The Tata Sons board approved a fresh five-year term for Chandrasekaran as executive chairman, after the Nomination and Remuneration Committee unanimously asked him to reconsider his decision. The board said it acted in recognition of his contribution to the Tata Group and in the broader interests of the group. But the move has immediately opened another question: why did Tata Sons suddenly decide that continuity at the top was more important than the succession process already underway? The timing matters. The board met less than a week after the Reserve Bank of India rejected Tata Sons’ request to surrender its registration as a core investment company. That decision brought the possibility of a stock-market listing back into focus for the holding company. Why Chandra is back Chandrasekaran has led Tata Sons since 2017 and was reappointed for a second five-year term in 2022. His decision in August not to seek another term had prompted the Sir Dorabji Tata Trust to begin the process of finding his successor. Several names had reportedly emerged as potential candidates, including Tata Steel CEO TV Narendran, Tata Sons group CFO Saurabh Agrawal and National Stock Exchange CEO Ashish Chauhan. That succession process now looks set to be paused. The board said its Nomination and Remuneration Committee had unanimously requested Chandrasekaran to reconsider his decision at a September 3 meeting. At Thursday’s board meeting, he agreed to do so, after which the board voted to recommend his reappointment for another five years. Chandrasekaran had explained his original decision by saying he had completed 40 years of professional life at the Tata Group. “I have decided not to offer myself for reappointment when my term ends on February 20, 2027,” he had said. The reversal now gives Tata Sons leadership continuity at a particularly complicated moment. A potential listing would require the holding company to navigate regulatory requirements, shareholder questions and the restructuring of its relationship with investors. Reports have suggested that some directors viewed continuity under Chandrasekaran as useful as Tata Sons faces those challenges. But not everyone on the board agreed. Noel Tata, who chairs Tata Trusts, voted against Chandrasekaran’s reappointment . Tata Trusts collectively controls about 66 per cent of Tata Sons, making its position central to what happens next. Tata Trusts has challenged the validity of the board decision, describing the reappointment as “illegal” and a “legal nullity.” The Trusts’ position is based on its interpretation of Tata Sons’ Articles of Association and the voting rights attached to its nominee directors. That does not mean the decision has been legally determined to be invalid. It is the position taken by Tata Trusts, and the dispute could now move to the company’s shareholder level or potentially into legal proceedings. The IPO changes the equation The leadership dispute is unfolding alongside an equally important change: Tata Sons is now moving toward a potential public listing. The RBI classified Tata Sons as an upper-layer non-banking financial company in 2022. Such entities face listing requirements, and Tata Sons had sought to surrender its registration to avoid that route. The RBI’s rejection of that request has brought the listing issue back to the center of the company’s strategy. Tata Sons had previously repaid more than Rs 21,000 crore in debt as part of its attempt to qualify for an exemption from the listing requirement. The board has now said it will initiate steps to comply with the applicable RBI guidelines and seek guidance from the RBI, Tata Trusts and other stakeholders on the requirements. For Tata Sons, a listing would be a major shift. The holding company has controlling stakes in major Tata businesses spanning technology, automobiles, steel, hospitality and aviation. It would also have implications for shareholders. The Shapoorji Pallonji Group, which owns roughly 18 per cent of Tata Sons, has long pushed for a listing as a way to unlock value from its stake. The two decisions taken on Thursday — keeping Chandrasekaran at the helm and moving toward a listing — therefore cannot be viewed entirely separately. The board has chosen continuity just as Tata Sons enters a potentially transformative period. But with Tata Trusts challenging the chairman’s reappointment, the question of who ultimately leads the holding company may not be settled by Thursday’s board vote alone. Both the reappointment and listing-related decisions will face further corporate approvals, making the upcoming shareholder process an important next stage in the Tata Sons dispute.indiaweekly_biz · canada
BUSINESSSep 17EPFO wage ceiling of ₹25,000 too little, too late, says AITUCThe All India Trade Union Congress (AITUC) demands that the ceiling be raised to ₹30,000 to include deserving sections of employeesThe Hindu
BUSINESSSep 17India’s Tata Sons Reappoints Chandrasekaran As ChairmanThe board meeting comes a month after Chandrasekaran said he would not seek reappointment following months of friction with Tata Trusts chairman Noel Tata. The post India’s Tata Sons Reappoints Chandrasekaran As Chairman appeared first on Channels Television.Channels TV
BUSINESSSep 17Manapparai milk society increases sale price of milk by ₹5 a litreA milk society in Manapparai has increased the sale price of milk by ₹5 per liter. This action reflects local economic adjustments and impacts consumers.The Hindu
BUSINESSSep 17Euronews Debates: unlocking Kazakhstan’s potential as a regional trade hubAt the Astana Finance Days 2026, speakers discussed how Kazakhstan can move beyond its traditional role as a transit country and become a regional hub for production, trade and investment.EuroNews [en]
BUSINESSSep 17US tariffs against Russian oil buyers pass: What it means for China, IndiaUS sanctions aim to weaken Russian oil exports, heavily targeting China and India as Moscow's largest energy buyers.Al Jazeera [en]
BUSINESSSep 17ZS Named One of the 2026 Best Companies for Women in India by Avtar & Seramount for Ninth Consecutive YearZS has been named one of the Best Companies for Women in India (BCWI) by Avtar & Seramount for the ninth consecutive year, marking nearly a decade of recognition for its commitment to building an inclusive workplace. Adding to this milestone, ZS has also achieved ‘Best Companies – Hall of Fame’ status, recognizing its sustained [...] The post ZS Named One of the 2026 Best Companies for Women in India by Avtar & Seramount for Ninth Consecutive Year appeared first on CXOToday.com .cxotoday · india
BUSINESSSep 17India's Tata Sons reappoints Chandrasekaran as chairman in surprise reversal - reuters.comIndia's Tata reappoints chairman, backs listing in rift with controlling charity ReutersReuters World
BUSINESSSep 17India’s 2026 Infrastructure Map Is a Mix of Openings and Long BuildoutsBullet trains, Noida airport, Vadhavan Port and the Delhi–Mumbai Expressway show where India’s biggest infrastructure projects stand in 2026.psuconnect_in · india
BUSINESSSep 17India and Vietnam aim to turn ‘China plus one’ rivalry into trade gainsIndia and Vietnam could turn their competition for “China plus one” investments into a complementary partnership, analysts say, combining New Delhi’s scale and technology capabilities with Hanoi’s manufacturing agility and links to East Asian supply chains. Such a shift could deepen both nations’ roles in global production networks across high-value industries – from electronics and pharmaceuticals to renewable energy – while giving companies reliable alternatives as they diversify supply chains...South China Morning Post
BUSINESSSep 17Tata Trusts dissents to reappointment of N. Chandrasekaran as Tata Sons chairpersonThe Tata Trusts formally placed on record their acceptance of the decision the following day and advised Tata Sons to initiate the process for setting up a Selection Committee for appointing a successor, in accordance with the Articles of Association of Tata Sons, the Tata Trusts said in a statementThe Hindu
BUSINESSSep 17India to impose controversial fee for UPI instant payments: Who benefits?It's the end of an era for India's popular instant digital payments system, which has been free of charge until now.Al Jazeera [en]
BUSINESSSep 17No proposal from NSE seeking approval for trading on its own platform: SEBI chiefOn concerns raised by some brokers and asset management companies over the new UPI Merchant Discount Rate (MDR), Mr. Pandey said the Securities and Exchange Board of India (SEBI) would examine the issues.The Hindu
BUSINESSSep 17China, India could face up to 100% U.S. tariffs for buying Russian oilChina and India may face tariffs of up to 100% from the U.S. if they continue to purchase Russian oil. This suggests potential economic repercussions and geopolitical tensions related to energy trade.Seeking Alpha Tech
BUSINESSSep 17CBRE Leads India Real Estate Investment Sales Activity in H1 2026, Captures More Than Half the MarketCBRE led India's real estate investment sales activity in the first half of 2026, capturing over half of the market share. This indicates a dominant position for the company in the Indian real estate sector.ptinews · india
BUSINESSSep 17Applied Materials to invest $5B in India over the next decadeApplied Materials plans to invest $5 billion in India over the next decade. This significant corporate commitment is expected to have a notable economic impact on the region.Seeking Alpha Tech
BUSINESSSep 17‘Poor bear the impact’: Sugar prices soar in India, souring festive seasonIndia is one of the world's largest sugar consumers, but usually produces much more.Al Jazeera [en]
BUSINESSSep 17Keralam power crisis: Electricity consumption soars in SeptemberConsumption so far in September has averaged 93.6 mu, which is arguably unprecedented for Keralam which is accustomed to cooler weather and lower State-wide electricity usage during June-September southwest monsoon seasonThe Hindu
BUSINESSSep 17Semicon India 2026: India’s semiconductor ecosystem expanding, opening new opportunities, says ModiPM Modi said India’s attractiveness as an electronics manufacturing destination should be seen in the context of “weaponisation” of supply chains, and its success will benefit the entire worldThe Hindu
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