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In a strategic move, Tata Trusts have put forth a plan to merge Tata Electronics Systems Solutions Pvt Ltd and Tata Consulting Engineers into Tata Sons. This restructuring aims to redefine Tata Sons' regulatory classification, thereby sidestepping extra regulatory burdens. Before any actions are taken, the proposal requires a no-objection certificate from the Reserve Bank of India.from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/KIqxt87
The Delhi High Court recently this very principle of mesne profits in a case involving a bank, directing the tenant to pay out, along with 6% annual interest, to the landlady for continuing to occupy the premises beyond the agreed tenancy period.
This means that all banks across the country will continue to function as usual for the strike period that had been announced September 28-30. This also assumes significance since it's the time for half yearly closing.
Prepare for some interruptions in banking services next week as banks will be closing for several days. A nationwide strike is set from September 28 to 30, followed by a holiday on October 2. While you can still access digital banking, in-person services will be limited. Make sure to visit your local branch after the closure, and remember to verify the holiday hours before going out.
