
The Tata-Shapoorji Pallonji corporate saga 2.0 cost Mehli Mistry, a confidant of late Ratan Tata, twin seats at the Sir Dorabji Tata Trust, Sir Ratan Tata Trust as board member exposing corporate India’s disruptive ruthlessness. “Morality, friendship, ethics, middle-class values hold no seat at India Inc’s boardrooms particularly, its upper echelons. Power and ego rules. Familial ties notwithstanding, Tata-SP’s corporate saga 1.0 witnessed Cyrus Mistry’s removal from Tata Sons by Ratan Tata himself.
Now 2.0 bears witness to Mehli Mistry being deboarded by Tata’s brother Noel, with concurrence by his own fast, thick buddy as well, to likely be followed by more boardroom exits. Cash-strapped SP engaged in bid to marginally dilute rightful stake of 18.37% in Tata Sons, nudged for public listing, thus far stymied since the late Ratan Tata’s reign. Another source noted, “Ambiguity between charitable vs business operations of Tata group companies needs clarified settlement. Mistry may not legally challenge removal over prolonged litigation involved as PM Modi’s advice for stability, communicated through Amit Shah, may see Noel Tata assume topnotch positioning, clear authority making shareholders breathe easy. Probability of a happy ending for both prominent stakeholders – Tatas and SP – is on the cards. One thing is clear: decisions by consensus on Tata boards are a thing of the past. With Noel Tata’s ascension, one can expect more changes at the boardroom level. (By Renni Abraham)
Luck Or Politics: What’s Holding Back Talented Batter Sarfaraz Khan?
There was a hue and cry when Sarfaraz Khan was not picked in the India ‘A’ squad for matches South Africa ‘A’. The Mumbai right-hander displayed a fierce determination to prove his class in Test matches against England and the first Test against New Zealand at home in 2024. The doughty middle order from Mumbai cut loose to make a brilliant 150 against fast bowlers Tim Southee, Matt Henry William O’Rourke in the second innings of the first Test in Bengaluru. But in Pune and Mumbai, he, like majority of the Indian batters, including Rohit Sharma and Virat Kohli, did not have answers to ward off the left-arm spinners Mitchell Santner and Ajaz Patel. Khan was tried in the India middle order after Rajat Patidar failed to get going against England. The selection committee picked him for the tour of Australia where India played five Tests for the Border-Gavaskar Trophy. The team played left-hander Devdutt Padikkal in the first Test in Perth, but Khan warmed the bench in all five Tests. Unfortunately, he was dropped for the five-Test series in England where the selection committee played Karun Nair and Sai Sudharsan. For no rhyme or reason Khan was dropped from the squad itself. Left in the lurch, Khan suffered further when he hurt is quadriceps in Chennai and did not return to play competitive cricket until the Ranji Trophy match against Jammu & Kashmir. Batting at No 6 and 5, he has not set the tournament on fire. Should he not bat at No 3 is what the critics are asking. As the Mumbai captain Shardul Thakur said, not considered for the India ‘A’ team should not be seen as a setback to Khan’s career! (By G Viswanath)
17 Oct 2025 - Vol 04 | Issue 43
Daring to dream - Portraits of young entrepreneurs
A Life Lost, Crores Down Drain In Cyber Cheating Cases
The incidence of cyber cheating is repeated over and over again, despite the cautionary messages circulated by the authorities. Even those conversant with online trading are no exception. In a latest shocking disclosure, it has been reported that a 36-year old woman from Panvel near Mumbai has ended her life after she was deprived of over Rs.5.30 crore by a Gujarat-based fraudster. Anagha Patil, the unfortunate victim, committed suicide owing to the frustration allegedly caused by Ravi Hareshbhai Bhadka, whom police teams are tracing. The two met in Delhi three years ago while attending an offline course. He assured Anagha of handsome returns through forex transactions. She invested some amounts and the returns lured her to pay him more and more. Soon, her other family members also started investing. But the return inflow dried up and Ravi started rejecting their telephone calls. By this time, the total remittance to him was over Rs 5.38 crore. Under stress, Anagha hanged herself on October 8. The police are trying to nab Ravi ever since. In another case that has surfaced from Nasik, a retired government officer has lost nearly Rs 2.25 crore despite his knowledge of online trading. He was assured by a woman, who claimed her name was Anjali Mehta, that he will stand to earn Rs 4.50 crore against the investment. The victim trusted her and went on sending the money. Finally, the inevitable happened. A case of cheating has been registered against the dupers. (By Dilip Chaware)
Why Odisha’s Iron Ore Firms Are On The Supreme Court’s Radar
The BJP-run Odisha government seems to be facing the wrath of the Supreme Court. This is because they have failed to take action on mining companies who have over-mined iron resources –in excess of their environmental clearances. The apex court has now put the onus on the Odisha government to enforce recovery against erring mining companies and present a status report by December 1, 2025. The Supreme Court stance is clear -- the defaulting mining lessees must bear the consequences of over mining and cannot go scot-free pocketing the value of illegal mined ores. Sources say, the outstanding amount currently stands at Rs 2,700 crore plus accrued interest. The Supreme Court is now insisting on a 100% penalty on the value of illegally mined ore earlier. How will the state government act on the Supreme Court’s directive as this issue has been pending since 2018? The key issue is twofold: one, how the Odisha government will enforce recovery orders against erring mining companies with regard to compensation and second, how capping of iron ore mining would lead to substantial deficit of production of steel and other metals in view of growing market demand. Incidentally, Odisha contributes to half of the country’s iron ore production. Both the Centre, and State governments have urged the Supreme Court not to impose a cap on iron ore mining in Odisha, warning it could derail India's growth story and Atmanirbhar Bharat mission. (By Sangram Mohanty)
Maharashtra’s Top Wrestler Sikandar Shaikh’s Arrest In Arms Case Shocks Sports World
Internationally famous wrestler Sikandar Shaikh’s arrest by the Punjab Police in connection with an interstate arms smuggling network has shocked sports circles in Maharashtra. Initial investigations reportedly suggest his alleged ties with the notorious Papla Gujjar gang, which has been under scrutiny for supplying illegal firearms to various regions. Shaikh shot to fame in 2004 after winning the prestigious ‘Maharashtra Kesari’ title, the state’s award for the topmost wrestler. Shaikh’s father was a labourer. Hence, his success had earned him universal accolades. Originally from Mohol taluka in Solapur district, Shaikh grabbed attention of the sports arena following his one spectacular win after another in conventional wrestling bouts. Shaikh and four others were arrested at Mohali in Punjab while allegedly transporting arms in a vehicle. His family and well-wishers have refuted the charges. The police party recovered a cash amount of Rs 1.99 lakh, five pistols, cartridges and the two vehicles. An ace wrestler, Shaikh has been residing in Punjab for the past several months, those knowing him say. According to another acquaintance, Sikandar wins almost all the bouts and his annual income is rumoured to be around Rs 5 crore. So far, he has been presented with a dozen SUVs, around 10 Bullet motorcycles and 40 buffaloes as prizes. Hence, his alleged involvement in such a crime is laughable, retort his supporters. (By Dilip Chaware)
'Feel Like Goa' Campaign To Be Unveiled At The World Travel Market In London
Senior officials led by Goa Tourism Minister Rohan Khaunte will travel to London to participate in the World Travel Market that begins on 4th November 2025 to unveil the 'Feels Like Goa' advertising and marketing campaign. It is learnt that Director of Tourism Kedar Naik and Secretary of Tourism Sanjeev Ahuja will accompany the minister. The State government is fully geared up to make its presence felt and compete with other Indian states, and other countries to attract the world to Goa. Khaunte and his team who have booked a pavilion will showcase Goa's rich culture, tradition, heritage and tourist destinations. Senior officials from the team say that their focus will not just be showcasing Goa as a destination, but as a feeling, one defined by its people, culture, traditions, spirituality, and culinary heritage. Khaunte assures that with its regenerative tourism approach and the ‘Feels like Goa’ campaign, the state will be bringing back the essence of what makes Goa truly unique: its people, culture, traditions and soul. This is not just a campaign, but a tribute to the timeless memories that travellers carry with them. We want the world to rediscover Goa not just as a destination, but as a feeling. Team will draw attention to initiatives such as the Ekadasa Teertha Circuit- making Goa go beyond beaches as a spiritual destination. At WTM, Goa aims to reaffirm its leadership in regenerative and cultural tourism. (By Rahul Laud, Manchester)
Kerala CM Says State Has Beaten “Extreme Poverty”, But Has It Really?
What it means is hard to fathom even for the literate Malayalee. But Kerala chief minister Pinarayi Vijayan, in front of a capacity crowd of CPM cadres in Thiruvananthapuram alongside film star Mammootty, announced that the poverty free achievement confirms with the United Nations Sustainable Development Goals (SDGs) of "No poverty and zero hunger". As per latest World Bank criteria, people living on less than $ 3 a day are considered to be living in extreme poverty. In order to achieve this, Kerala took the multi-dimensional poverty index route -- which incorporates nutritious food, housing, cleanliness, education and basic facilities. The government claims that it has addressed all the reasons for extreme poverty like housing, livelihood, issues, ill-health due to chronic diseases and lack of access to government welfare schemes on a war footing, since 2021. While the LDF government has gone to town with its celebrations both at the ground level and media, critics and the opposition are questioning the very methodology used to arrive at the findings. In an open letter 24 signatories comprising social activists, economists and prominent media personalities have urged the State government to release an authoritative study report that identifies the extreme poor and validates the poverty eradication process. It is too early to predict whether the entire poverty free exercise is a hyperbole campaign with an eye on the ensuing Municipal elections next month and assembly elections next year or a genuine effort to eradicate extreme poverty in the state. As per 2011 census figures, there were 4.85 lakh tribal people, many of them living in extreme poverty. Yet, in the new estimates only 64,006 have been classified as extremely poor. "What magic has happened to alleviate their poverty, "questions the opposition and the elite group! (By Our National Editor)
Kollywood’s Newbie Director Abhishan Jeevinth Turns Family Man
The angst, fear and insecurity of a Sri Lankan illegal immigrant family and their touching journey of acceptance by the locals is starkly and strikingly told by director Abhishan Jeevinth in Tourist Family, a runaway Tamil hit of 2025. This Rs 7 crore budget movie which raked in Rs 100 crore, now enjoying its OTT showing is surely a case study for cinematic treatment ….how an everyday event (go to Mandapam, Rameshwaram and watch the fear-ridden ephemeral no man’s land of Sri Lankan immigrants) is turned into a humanitarian story of love, laughter, fear and living in shadows. Tourist Family owes its hit status as much to its director Jeevinth as it does to its cast led by Sasi Kumar, Simran, their kids and a lovable dog, free of anxieties of an immigrant. Jeevinth is already on to his next venture. Oh, and his extraordinary success gave him another milestone …He married his 6th grade sweetheart Akila Ilangovan in a grand wedding at Poes Garden. Jeevinth proposed to her even as he was on stage for the promos of Tourist Family. He chose October to bring Akila into his family, taking a cue from Sasi Kumar and Simran’s love chemistry that holds up the hope that they will not remain tourists, permanently. (By Padma Ramnath)
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Tollywood Limits Bengali Film Releases, Resets Working Hours
In a move aimed at ending perennial disputes over festival release slots, Tollywood’s leading industry bodies have drawn up new rules to prevent clashes of big-budget films and improve working conditions for technicians. The Eastern India Motion Pictures Association (EIMPA) and the Federation of Cine Technicians and Workers of Eastern India (FCTWEI) — headed by Pia Sengupta and Swarup Biswas — jointly announced that no more than three Bengali films will be released on a single day. The decision follows repeated controversies over the allocation of single-screen theatres during festive seasons. Under the revised policy, there must be a minimum gap of 15 days between two major releases, allowing each film sufficient box-office run. Smaller films, however, may release in between with mutual consent. This Christmas will see the release of Dev Entertainment and Bengal Talkies joint production Prajapati 2, Surinder Films Mitin Mashi, and one film from the Srikant Mohta–Mahendra Soni stable - Bijoynagarer Heere. For January 23, 2026, Hok Kolorob, another Mohta-Soni production, and Bhanupriya Bhuter Hotel are confirmed, while films by Ankush Hazra and Firdousul Hasan have been postponed. A new production structure has also been outlined. SVF, Surinder Films and Nandi Movies will produce six films each annually; Windows, DAG Creative Media and Camellia Productions four; and Jeet, Pia Sengupta and Ankush Hazra two. Prime-time slots will be allotted based on annual output. In a parallel move, the industry has approved a 30% pay hike for small-screen technicians and 33% for big-screen technicians, while reducing maximum working hours from 24 to 18. The ceiling for low-budget films is also set to rise from Rs30 lakh to Rs 35 lakh, offering greater flexibility to independent filmmakers. (By Tanya Bagchi)