Blog

Tata Sons and SP Group Explore Complex Share-Swap Structure to Resolve Valuation Stalemate

Tata Sons and SP Group Explore Complex Share-Swap Structure to Resolve Valuation Stalemate

In a bid to resolve their long-standing corporate standoff, Tata Sons and the Shapoorji Pallonji (SP) Group have initiated fresh discussions to explore a potential share-swap arrangement. This deal aims to help the debt-laden SP Group monetise an estimated 7% of its 18.37% holding in Tata Sons, the unlisted holding company of the massive Tata conglomerate. Under the proposed structure, the SP Group would exchange its unlisted Tata Sons shares for a basket of liquid, publicly listed Tata group equities. This arrangement offers a crucial liquidity route for the Mistry family-led group to address its pressing ₹60,000 crore debt burden,…
Read More
Assam Begins Drive to Restore Encroached Forest Land

Assam Begins Drive to Restore Encroached Forest Land

The Assam government has announced immediate measures to restore nearly 400 hectares of damaged forest in the Behali Reserve Forest and strengthen security along the Assam-Arunachal Pradesh boundary following reports of large-scale encroachment and destruction. Forest Minister Jayanta Mallabaruah announced the decision after visiting the affected areas on Thursday on the directions of Chief Minister Himanta Biswa Sarma. He was accompanied by senior officials from the Forest Department, Assam Police and the civil administration to assess the extent of the damage and review the existing security arrangements. According to the state government, satellite imagery and drone surveys comparing the condition…
Read More
Assam intensifies crackdown on cross-state border forest crime

Assam intensifies crackdown on cross-state border forest crime

Assam Forest minister Jayanta Mallabaruah on Thursday conducted an extensive on-ground inspection of the Behali Reserve Forest following reports of large-scale destruction of forest land by cross state border miscreants.The minister reviewed the situation in the presence of senior forest department officials, Assam Police and civil administration, and announced a series of immediate measures to protect the reserve forest, restore the damaged areas and strengthen enforcement on the ground.The inspection was undertaken after reports of extensive forest destruction in the Behali Forest Range along the Assam-Arunachal Pradesh boundary.Satellite imagery and drone assessments comparing the condition of the forest over the…
Read More
IWGIA condemns arrest of Pranab Doley, says it was linked to cancellation of ADB loan due to protests

IWGIA condemns arrest of Pranab Doley, says it was linked to cancellation of ADB loan due to protests

The International Work Group for Indigenous Affairs (IWGIA), a global organisation working in support of indigenous peoples rights, today condemned the arrest of Pranab Doley, an indigenous human rights defender.In a statement, IWGIA stated that he was arrested by Assam Police, possibly as a revenge for cancellation of a $434.25 million loan of the Asian Development Bank for a solar project in Assam. Doley was arrested from Sundarpur, Guwahati on July 12 in connection with Bokakhat Police Station case number 108/2026, registered on June 29 regarding a protest against the proposed Assam Tourism Development Corporation (ATDC) Hyatt luxury hotel project at Ingle Pathar near Kaziranga National Park. He was subsequently taken to Golaghat, formally shown arrested on July 13 at 3.30 am, and remanded…
Read More
Assam governor inaugurates tea tasting and tourist lounge in tea estate

Assam governor inaugurates tea tasting and tourist lounge in tea estate

On the last leg of his two-day visit to Dibrugarh district,  Assam Governor Lakshman Prasad Acharya, visited Manohari Tea Estate and interacted with tea garden workers, students of Manohari TE LP School and members of the estate community. During the interaction, Governor Acharya enquired about the various welfare measures and facilities being extended to the tea garden community, particularly in the areas of sanitation, drinking water, healthcare and education. He also sought feedback from the workers regarding the welfare initiatives undertaken for their overall development and well-being. Interacting with the students, the Governor distributed sweets among them and quizzed them about…
Read More
Assam Reaffirms Commitment to Strengthening Panchayati Raj, Atul Bora Reviews 100-Day Action Plan

Assam Reaffirms Commitment to Strengthening Panchayati Raj, Atul Bora Reviews 100-Day Action Plan

The Assam government on Wednesday reiterated its commitment to strengthen the Panchayati Raj system through transparent, efficient and people-centric governance.“Strengthening the Panchayati Raj system remains one of our government’s foremost priorities,” said Assam Minister of Panchayat and Rural Development Atul Bora after chairing a review meeting with senior officials of the Panchayat and Rural Development Department in Guwahati on Wednesday.Reviewing the progress of the Department's 100-day action plan, the Minister directed the officials to accelerate the implementation of key schemes, enhance public service delivery and ensure timely achievement of targets.“Necessary directions were issued to further improve efficiency and accountability. I…
Read More
Assam govt issues july 31 deadline for completion of ration card verification process

Assam govt issues july 31 deadline for completion of ration card verification process

Assam Minister of Food, Public Distribution and Consumer Affairs, Kaushik Rai said the ongoing ration card verification process in the State must be completed by July 31 to ensure that only eligible beneficiaries are included and that the Anna Seva Abhiyan continues to reach those genuinely in need.“Through Aadhaar-based verification and e-KYC review, the cases of beneficiaries who have obtained ration cards but have not availed free rice for six months or more must be carefully examined. This will help create opportunities for genuinely needy families to receive ration cards and benefit from the public distribution system,” the Minister stated,…
Read More
Sunrise Pure serves thousands of devotees through Shuddhotsav at Ambubachi Mela

Sunrise Pure serves thousands of devotees through Shuddhotsav at Ambubachi Mela

Sunrise Pure Masala, part of ITC Ltd., organised its flagship Shuddhotsav  initiative during the Ambubachi Mela 2026 at the Kamakhya Temple in Guwahati, serving thousands of devotees through a community outreach programme held from June 21 to 26. As part of the six-day initiative, the brand served freshly prepared khichdi to more than 500 devotees every day and engaged with over 3,000 visitors at the festival venue. The programme combined community service with consumer engagement activities, reinforcing the brand's presence among devotees attending one of Northeast India's largest and most revered religious gatherings. Commenting on the initiative, Piyush Mishra, Business…
Read More
World of Hyatt expands HYROX partnership to India, launches race-cation experience

World of Hyatt expands HYROX partnership to India, launches race-cation experience

World of Hyatt has expanded its regional collaboration with fitness racing series HYROX to India, offering a range of travel and hospitality benefits aimed at racers and spectators attending upcoming events in the country. The expansion builds on Hyatt's role as the Official Regional Hotel Partner for HYROX across Asia Pacific and introduces the race-cation concept to Indian race destinations. As part of the initiative, actor and fitness enthusiast MilindSoman has joined the collaboration to promote fitness-focused travel experiences. HYROX, one of the world's fastest-growing fitness racing series, combines running with functional workout stations in a standardised race format and…
Read More
TCS, Google Cloud Partner to Accelerate AI Adoption Across Consumer Industries

TCS, Google Cloud Partner to Accelerate AI Adoption Across Consumer Industries

Tata Consultancy Services (TCS) has launched a Gemini Experience Centre (GEC) in Kolkata in collaboration with Google Cloud to showcase artificial intelligence-led innovations for consumer-focused businesses. The new facility is part of TCS’s global initiative to establish industry-focused AI innovation hubs. The Consumer Business Group (CBG) Gemini Experience Centre is the third such facility launched by TCS in India, following centres in Chennai and Bengaluru. The company plans to establish 10 Gemini Experience Centres worldwide by the end of 2026, including four in India. The Kolkata centre will enable enterprises in sectors such as retail, consumer packaged goods, and travel,…
Read More