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Ratan Tata named lawyer Darius Khambata and close friend and associate Mehli Mistry as executors of his will, along with half-sisters Shireen and Deanna Jejeebhoy, according to executives with knowledge of the matter. Tata died on October 9 at the age of 86, with half-brother Noel Tata succeeding him as Tata Trusts chairman. Ratan Tata held a 0.83% stake in Tata Sons and had a net worth of Rs 7,900 crore, according to the Hurun India Rich List 2024. He was always keen that a significant portion of his wealth go to charity and the welfare of society.

Hyundai Motor India's ₹27,870 crore initial public offering (IPO) — the country's largest ever — was subscribed 2.37 times on Thursday the final day of bidding. The issue sailed through thanks to a strong appetite from institutional investors as the high net worth and retail investor categories failed to garner enough bids. Investors placed bids for 236 million shares worth ₹46,320 crore in the issue, against the 99.8 million shares worth ₹19,555 crore (excluding anchor allotment) offered by Hyundai Motor India's South Korean promoters. Earlier this week, the company raised ₹8,315 crore (roughly 30% of the IPO size) as part of the anchor allotment from 225 institutional investors.

investors' favour on Thursday after Bajaj Auto guided for lower two-wheeler sales growth in its second-quarter results. Shares of Bajaj Auto — India's largest two-wheeler maker — plunged 13.1% on Thursday, the largest single-day fall since March 2020. The pessimism rubbed off on its peers Hero MotoCorp and TVS Motor, which fell over 3% each. «Bajaj Auto has lowered its estimated growth for the two-wheeler motorcycle industry in the fiscal year 2025 to 5% YoY, down from the previous estimate of up to 8%,» said Shridhar Kallani, research analyst-auto at Axis Securities. «This cautious outlook has unsettled investors and also affected other major two-wheeler manufacturers.»

housing crisis boiling up in the United States mostly centered around the unavailability of homes in the largest metros of the country. Although alarms around this scenario have not yet been raised, there is no denying the fact that this shortage of homes in metropolitan regions clearly depicts the true nature of a housing crunch in the United States, which is a big problem for the federal administration to address in the coming months.

Tell Me Lies’ has captivated audiences for its engaging narrative, and as a result, fans are eagerly waiting for the third season of the series.

IDF) announced on Thursday that they have killed Yahya Sinwar, who was considered the mastermind behind the October 7 attack on Israel. The confirmation came from Israeli Foreign Minister Israel Katz. «The mass murderer Yahya Sinwar, responsible for the massacre and atrocities of October 7th, was eliminated today by IDF soldiers,» stated Katz. Sinwar, along with Mohammed Deif, was believed to have planned the October 7 attack, which led to the deaths of about 1,200 Israelis, mostly civilians. This incident sparked a conflict causing over 42,000 Palestinian casualties in Gaza, as reported by local health authorities. Hamas has said the attack was in retaliation for Israel's treatment of Palestinians and aimed to bring global attention to their plight.

Meta's independent content watchdog said Thursday there were «serious questions» about how the social media giant deals with anti-immigrant content, particularly in Europe. The Oversight Board, established by Meta in 2020 and often called its «supreme court», launched a probe after seeing a «significant number» of appeals over anti-immigrant content. The board has chosen two symbolic cases-one from Germany and the other from Poland-to assess whether Meta is following human rights law and its own policies on hate speech.

sex stimulants and rejuvenators are growing rapidly in India as, industry insiders say, people are shedding their inhibitions and seeking to improve their sex lives. The market for stimulants and rejuvenators grew 17% year on year in the 12 months ended September led by sildenafil and tadalafil brands such as Viagra and Cialis, data from market research firm Pharmarack showed. Sales of sildenafil brands stood at ₹525 crore, up 15% from ₹456 crore in the 12 months ended September 2023, data showed. Sales of tadalafil brands during the same period rose 19% to ₹244 crore from ₹205, according to Pharmarack.

World Trade Organization (WTO) suggested creation of up a Dispute Settlement Fund or reimbursement of litigation costs of trade disputes for poor countries. «India has submitted a paper at the WTO suggesting the establishment of a Dispute Settlement Fund as one option to the address the issue of litigation costs,» said an official, adding that South Africa said that establishing a fund is «essential». It has been backed by 48 countries. It draws from a proposal by the African Group that has suggested that such a fund could be financed from the regular budget of the WTO and voluntary contributions from members, with disbursements in accordance with criteria to be adopted by the Dispute Settlement Body.

A former royal staffer and a low-key royal have won over the British public's affection, despite the fact that family members like Princess Anne and the Duke and Duchess of Edinburgh continue to have a lot of engagements on the calendar. In response to a question concerning the possibility of a reduced monarchy, former royal butler Paul Burrell, speaking for Spin Genie, advises not to rule out Princess Anne's 43-year-old daughter Zara Tindall and her 45-year-old husband Mike Tindall for helping out with royal responsibilities, as quoted in a report by Marie Claire.

Benzinga reported that Carol Surface’s position was specifically curated for her in the company which reflected the importance of HR in Apple’s Corporate Structure. Thus, her departure will create a new wave of executive changes at Apple while several other senior administrative position holders are also transitioning out of their roles.

Royal Air Force on Thursday scrambled a Typhoon fighter jet to intercept an Air India aircraft that received a bomb threat and the plane later landed safely in London. The bomb threat was received for the Air India plane from Mumbai to London, an airline official said. «We can confirm that RAF Quick Reaction Alert Typhoon fighter aircraft from RAF Coningsby were launched this afternoon, to investigate a civilian aircraft,» a Royal Air Force spokesperson said. Following an uneventful interception the aircraft was released to continue to its original destination under the direction of civilian air traffic control, the spokesperson said.

IIM Shillong, officially launched the CM Business Catalyst: Student B-Plan Challenge, an innovative initiative aimed at fostering entrepreneurship and sustainable business practices among the youth of Meghalaya. The launch event at Shillong was attended by Vice President of India, Jagdeep Dhankhar, along with Governor of Meghalaya C H Vijayashankar, Chief Minister, Conrad K Sangma, and Minister, Dr. Mazel Ampareen Lyngdoh. The CM Business Catalyst program is designed to empower college students to develop sustainable business models that address pressing environmental and social challenges. This initiative aligns with the state’s vision for sustainable development, leveraging IIM Shillong's expertise in innovation, management, and entrepreneurial education.

Ceat on Thursday said its consolidated profit after tax declined 42 per cent year-on-year to Rs 121 crore for the second quarter ended September 2024 on account of an increase in commodity prices. The company reported a profit after tax of Rs 208 crore in the July-September period of the last fiscal. Its revenue from operations rose to Rs 3,304 crore for the second quarter compared to Rs 3,053 crore in the year-ago period, Ceat said in a regulatory filing.

equity indices fell for the third consecutive session on Thursday, weighed down by Bajaj Auto's warning of weak festive sales, along with concerns over high stock valuations and ongoing foreign fund outflows. The 30-share BSE Sensex dropped 495 points, or 0.61%, to close at 81,006, while the broader NSE Nifty declined 221 points, or 0.89%, ending at 24,749.8. The Nifty50 also touched a two-month low during the session.

Chennai last week, prepared by seven senior railway officials, suggests the train might have derailed at the intersection point. Another report of a three-member committee of senior railway officials had earlier raised the apprehension of sabotage after finding some loosened or opened parts during site inspection. However, the contents of the joint note, prepared soon after the accident, do not mention any sabotage angle. A railway spokesperson said the joint report cannot conclusively tell the reasons of the accident but it can be one of the inputs for the Commissioner of Railway Safety to prepare the final investigation report.

National Testing Agency (NTA) has officially released the results for the June session of the UGC NET 2024. Candidates can access their results on the official UGC NET website at ugcnet.nta.ac.in. To view and download their scorecards, candidates will need to log in using their application number and birthdate. The UGC NET examination took place from August 21 to September 5, 2024, across various test centers nationwide. Following the examination, the provisional answer key was released on September 8, 2024. Candidates were given the opportunity to raise objections against this answer key until September 11. After careful review by subject matter experts, the final answer key was published on October 12, 2024. According to the marking scheme, candidates receive two marks for each correct answer, while there is no negative marking for incorrect responses. Direct link to download scorecards here

While many investors have flocked to exchange-traded funds, they haven't gained much ground with 401(k) plan participants.

Baba Siddique's son Zeeshan on Thursday took to his X account, demanding justice for the murder of the NCP politician, in what was his first statement since his father's demise. Calling Siddique a man who died 'protecting and saving' the lives and homes of poor people, Zeeshan said that his death must not be politicised. «My father lost his life protecting and saving the lives and homes of poor innocent people. Today, my family is broken but his death must not be politicised and definitely not go in vain. I NEED JUSTICE, MY FAMILY NEEDS JUSTICE!», read Zeeshan's message on X.

Tata Toyo Radiator, a joint venture among Tata AutoComp Systems and Japanese companies T RAD Co and Mitsubishi, has leased more than 250,000 sq ft of warehousing space in Pune’s Khed locality for 10 years. The company will be initially paying rent and tenant improvement cost of Rs 90 lakh per month — Rs 67 lakh in rent and Rs 23 lakh of tenant improvement cost. The agreement includes a clause to escalate the rent by 12% after the completion of 2.5 years and 12% every three years thereafter. It has a lock-in period of 5.5 years for the tenant.