Tata Sons reappoints Chandrasekaran as chairman despite Noel Tata calling it illegal, and Abhishek Sharma hits the fastest T20I century by an Indian batter. The US House passes a sanctions bill targeting India over Russian oil purchases.
Tata Sons on Thursday reappointed N Chandrasekaran as executive chairman for five more years, reversing his August decision to step down. The board voted 4-1, with Noel Tata of Tata Trusts voting against. The Trusts, owning 66%, called the resolution a 'legal nullity' and 'illegal', citing the company's Articles of Association requiring both Trust-nominated directors to back the reappointment. Noel Tata presented a legal opinion from former Chief Justice DY Chandrachud.
6 sources, 6 neutral
Opener Abhishek Sharma scored a 30-ball century against Afghanistan in the third T20I in New Delhi on Thursday, the fastest T20I hundred by an Indian batter. He surpassed Rohit Sharma's 35-ball record from 2017. Abhishek's 108 off 34 balls included nine fours and 11 sixes. His century is the third-fastest overall in T20Is, behind Sahil Chauhan of Estonia (27 balls) and Muhammad Fahad of Turkey (29 balls), and the fastest by a Test-playing nation batter.
3 sources, 3 neutral
Abhishek Sharma hit a 30-ball century against Afghanistan in the third T20I at the Arun Jaitley Stadium in Delhi on Thursday, the fastest T20I hundred by a batter from a Test-playing nation. The left-handed opener reached his fifty in 16 balls and finished with 108 off 34 balls, including nine fours and 11 sixes. Sportstar reports he broke Finn Allen's 33-ball record among full member nations. He also scored 76 not out in the powerplay.
5 sources, 5 neutral
Tata Sons board voted 4-1 on Thursday to give N Chandrasekaran a second five-year term, but Noel Tata opposed it, calling it legally invalid. The Trusts said the company's rules require both Trust-nominated directors to support the appointment. Noel Tata presented a legal opinion from former Chief Justice DY Chandrachud, but the board proceeded without considering it, the Trusts said. Separately, the Trusts rejected a board decision to move toward a potential listing.
4 sources, 4 neutral
The US House of Representatives passed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 by 262-159 on Wednesday, giving President Donald Trump authority to impose tariffs of up to 100% on countries including India and China for purchasing Russian oil and gas. The bill, already cleared by the Senate 86-11 last month, now heads to Trump for signature. It targets Russia's energy sector and its 'shadow fleet' of tankers. India's Ministry of External Affairs said it is monitoring developments.
23 sources, 23 neutral
Prime Minister Narendra Modi's 76th birthday on September 17 was marked by the lighting of 76,000 diyas at Ahmedabad's Vishwa Umiya Dham at midnight. The number symbolised his age, and prayers were offered for his health and long life. Gujarat Chief Minister Bhupendra Patel attended the event, which also featured a Maha Aarti and a mass rendition of Vande Mataram. The BJP launched 'Ashirwad Ka Diya' as part of its month-long 'Seva Sankalp Abhiyan', marking Modi's 25 years in public service.
3 sources, 3 neutral
The Reserve Bank of India has rejected Tata Sons' application to surrender its core investment company registration, pushing the holding company closer to a mandatory stock market listing. In a new FAQ, the RBI clarified that being debt-free is not enough to escape listing rules, and that 'public funds' includes money raised through group companies. This leaves Tata Sons classified as an upper-layer NBFC. The Shapoorji Pallonji Group, holding an 18.38% stake, has offered to sell its stake.
3 sources, 1 government-critical, 2 neutral
Tata Sons board has reappointed N Chandrasekaran as executive chairman for a further five-year term, reversing his earlier decision to step down in February 2027. The board also resolved to begin steps to comply with RBI guidelines on a public listing. Shares of Tata group companies surged up to 13.5% on the news. Noel Tata, chairman of Tata Trusts which owns 66% of Tata Sons, voted against the reappointment and called it illegal, saying the company's articles require a majority of Trust nominee directors to back such a resolution.
4 sources, 1 government-critical, 1 right-leaning, 2 neutral
Jammu and Kashmir Chief Minister Omar Abdullah has advised Ladakh's political leadership not to rely on verbal assurances from the Centre over their demands for constitutional safeguards on land and jobs. Speaking in Pulwama on Wednesday, Abdullah said Jammu and Kashmir itself was a victim of such promises. He cited the Centre's assurance that statehood would be restored immediately after the assembly elections, saying nearly two years have passed without any action. 'Please do not believe any promise of the central government until and unless they sign it,' he said.
4 sources, 4 neutral
The Supreme Court on Thursday refused to recall its direction to Tamil Nadu to identify land in every district for Jawahar Navodaya Vidyalayas, telling the state to change its mindset that Hindi cannot be taught on its soil. A bench of Justices BV Nagarathna and Augustine George Masih granted Tamil Nadu three months to comply, stressing cooperative federalism. 'It cannot be that Hindi will not be taught in the soil of Tamil Nadu,' Justice Nagarathna observed. Senior advocate Jaideep Gupta argued the Navodaya scheme's three-language policy supersedes state policy.
4 sources, 4 neutral
The Centre on Thursday told the Supreme Court it will lower the NEET-Super Speciality qualifying percentile from 50 to 30 to fill 1,857 vacant seats. The decision applies to a proposed Special Stray Vacancy Round. The Centre estimates the reduction will make about 6,000 additional candidates eligible. It also agreed to return 40 vacant in-service seats to Tamil Nadu for one week.
3 sources, 3 neutral
Just 70% of urban Indians now believe Rs 1 crore or less is enough for a comfortable retirement, down from 77% in 2025, according to the Axis Max Life Insurance IRIS 6.0 study. The survey of 4,134 households found that 61% know their required corpus, but only 11% believe their savings will last their lifetime. Urban Indians have accumulated only 28% of their target corpus on average.
3 sources, 3 neutral
The Supreme Court on September 17 asked the Centre to consider letting current Class 6 students opt out of CBSE's three-language policy for this academic year. A bench of Chief Justice Surya Kant and Justices Joymalya Bagchi and V Mohana said the suggestion was for student comfort. The CBSE said it will consider the proposal. Justice Bagchi suggested the policy could become mandatory from January 2027.
3 sources, 3 neutral
The rupee closed at 95.94 against the US dollar on Thursday, down 3 paise from the previous close, after briefly slipping past 96 in intraday trade. The currency recovered on likely RBI intervention and inflows related to a global equity index rebalancing. The Federal Reserve's rate hike and a stronger dollar index pressured Asian currencies, but the rupee bucked the trend.
3 sources, 3 neutral
The Tata Sons boardroom battle brings corporate governance into sharp focus, with legal opinions from a former Chief Justice pitted against a board majority. The outcome of this standoff will test the balance between promoter Trusts and company management. Meanwhile, the US sanctions bill adds external pressure on India's energy policy, though the bill still needs the President's signature. On the cricket field, Abhishek Sharma's record century offers a bright spot. Watch how the Supreme Court handles the Tamil Nadu Navodaya schools dispute in three months, and whether the RBI listing rules force Tata Sons to go public.
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