In a dramatic strategic move aimed at resolving the regulatory deadlock over public listing mandates, Tata Trusts—holding a controlling 66% stake in Tata Sons Private Limited (TSPL)—has formally proposed merging two major operating subsidiaries into the conglomerate’s apex holding company. By amalgamating Tata Electronics Systems Solutions Private Limited (TESS) and …
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India’s Forex Reserves Stand at $780.78 Billion: RBI Data Shows $4.92 Billion Dip from Record Peak
India’s foreign exchange reserves fell by $4.924 billion to stand at $780.782 billion for the week ended September 11, 2026, according to the latest statistical supplement released by the Reserve Bank of India (RBI). The contraction marks the first drop in ten consecutive weeks, snapping a sustained rally that saw …
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North India Statesman