Tata Trusts Postpone Board Meetings to May 16

Sir Ratan Tata Trust and Sir Dorabji Tata Trust have postponed board meetings to May 16 after Bombay HC clearance. Key agenda includes nominee directors for Tata Sons and public listing dispute.

SBI Q4 Net Profit Up 5.8% to Rs 19,684 Crore

State Bank of India reported a 5.8% rise in standalone net profit to Rs 19,684 crore for Q4FY26, with margins under pressure and treasury income declining. Dividend of Rs 17.35 per share declared.

Mumbai Homebuyers Prioritize Clean Air Over Commute

Mumbai homebuyers are increasingly choosing peripheral locations like Karjat and Panvel for better air quality and open spaces, even if it means a longer commute. Improved infrastructure and wellness-focused developments drive this trend.

TSMC-Sony Image Sensor JV in Kumamoto

TSMC and Sony Semiconductor Solutions will establish a joint venture in Kumamoto, Japan, to produce image sensors, boosting semiconductor supply chain resilience.

Cashew Fest Workshop in Mangaluru on May 17-18

A two-day cashew festival and workshop on value-added products will be held in Mangaluru on May 17-18, showcasing innovations in cashew processing and offering learning opportunities for farmers and entrepreneurs.

Akasa Air Sets Up Leasing Entity at GIFT City

Akasa Air has established a dedicated aircraft financing and leasing entity at GIFT City in Gandhinagar to strengthen its long-term fleet financing strategy and improve access to global capital markets.

Hyderabad Firm Cheats Investors of Rs 6.81 Crore

A Hyderabad-based AC firm's managing partner allegedly cheated six investors of Rs 6.81 crore by promising 4% monthly returns. The CCS police have registered a case and launched an investigation.

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