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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Bajaj Auto launches WEGO electric three-wheeler range in India Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting
Tata Trusts trustee Vijay Singh earned ₹20 cr in fees, co...
2026-04-09 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
Vijay Singh, Trustee, Tata Trusts

Vijay Singh, Trustee, Tata Trusts

Tata Trusts trustee Vijay Singh is understood to have received a little over ₹20 crore as sitting fees and commission on the boards of various Tata group companies, including Tata Sons, according to documents seen by businessline.

The commissions received by him pertain to the period from FY14 to FY25.

The fees received by Singh as a nominee director on the boards of the companies should have gone to the charitable trusts if good governance practices were followed.

However, according to sources aware of the matter, the fees were paid to Singh were retained by him.

Apart from Tata Sons, the companies’ boards on which he was a nominee director include Tata Advanced Systems, Tata Lockheed Martin Aerospace, and Tata Sikorsky Aerospace.

Singh, a former defence secretary, was ousted from the board of Tata Sons in late 2025, with a faction of trustees led by Mehli Mistry voting against him.

More recently Mistry has challenged Singh’s (and another trustee, Venu Srinivasan’s) positions as trustees of Bai Hirabai Jamsetji Tata Navsari Charitable Institution, on the grounds that they did not meet the eligibility criteria of being a permanent resident of Mumbai and following the Parsi Zoroastrian faith. While Srinivasan resigned from the trust immediately, Vijay Singh continues to hold his position.

Published on April 8, 2026