Tata stakeholders may seek an arbitrator, likely a retired Supreme Court chief justice, to determine the appointment of trustees for the Ratan Tata Endowment Foundation (RTEF) amidst unclear instructions left by Ratan Tata. The foundation, focused on philanthropy and research, will be independent of Tata Trusts. The arbitration could set a precedent for legacy foundation governance in India.
The advance helped the benchmarks cut all their losses in 2025, though analysts are guarded about concluding that the recovery is here to stay. The outcome of the Reserve Bank of India's monetary policy meeting on Friday will be the next trigger for the market.
Cocoa prices remain substantially elevated from prior years, more than doubling since the end of 2023. Chief Executive Officer Dirk Van de Put said the company was focused on navigating cocoa cost inflation in 2025.
A 26-year-old man was charged after investigators uncovered a warehouse on the city's West Side filled with $1 million worth of suspected stolen shoes, according to the Cook County sheriff's office.