SBI refuses to disclose electoral bonds’ details under RTI Act

SBI refuses to disclose electoral bonds’ details under RTI Act

The State Bank of India (SBI) has refused to disclose under the Right to Information (RTI) Act the details of the electoral bonds furnished to the Election Commission (EC) of India, claiming that it is personal information held in a fiduciary capacity, even though the records are in the public domain on the poll panel’s … Read more

Tata rejects Mistrys’ share-swap separation offer as ‘nonsense’

Tata rejects Mistrys’ share-swap separation offer as ‘nonsense’

By Upmanyu Trivedi Tata Group rejected a truce offer by billionaire Pallonji Mistry’s conglomerate that suggested swapping the Mistry family’s stake for shares worth $24 billion in the listed Tata companies. “It’s nonsense. This kind of relief cannot be granted,” Tata’s lawyer Harish Salve said during a hearing before India’s Supreme Court on Thursday. “I’m … Read more