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1. Rahul Bhatia’s leadership revamp reaches the finance office; Thadimarri is new IndiGo CFO

Rahul Bhatia’s leadership revamp reaches the finance office; Thadimarri is new IndiGo CFO Mumbai/New Delhi: IndiGo on Monday redesignated its chief financial officer (CFO) and elevated his deputy to C

Rahul Bhatia’s leadership revamp reaches the finance office; Thadimarri is new IndiGo CFO

Rahul Bhatia’s leadership revamp reaches the finance office; Thadimarri is new IndiGo CFO Mumbai/New Delhi: IndiGo on Monday redesignated its chief financial officer (CFO) and elevated his deputy to CFO, the latest in a series of leadership changes at India’s largest airline since managing director Rahul Bhatia took over as interim chief executive officer (CEO) in March. The airline redesignated CFO Gaurav Negi as adviser to the managing director effective after business hours on Monday. Deputy CFO Kiran Thadimarri will take over as CFO and key managerial personnel from Tuesday, the company said in a stock exchange filing. The transition is the latest in more than half a dozen senior leadership changes at IndiGo since Bhatia took over in March following the abrupt exit of former CEO Pieter Elbers. It also comes ahead of the arrival of new CEO William Walsh, who is expected to take charge no later than 3 August. Earlier this month, IndiGo appointed Kanwal Jeet Singh Bakshi as chief human resources officer, replacing Sukhjit Singh Pasricha, who resigned after serving the airline for more than eight years. Bakshi joined from Bhatia’s privately held InterGlobe Enterprises Pvt. Ltd, reinforcing the co-founder’s growing influence over the airline’s senior management team.

2. Montek Singh Ahluwalia to head Tamil Nadu Revenue Augmentation Committee

Montek Singh Ahluwalia to head Tamil Nadu Revenue Augmentation Committee The Tamil Nadu government has constituted a Revenue Augmentation Committee under the chairmanship of Montek Singh Ahluwalia, ec

Montek Singh Ahluwalia to head Tamil Nadu Revenue Augmentation Committee

Montek Singh Ahluwalia to head Tamil Nadu Revenue Augmentation Committee The Tamil Nadu government has constituted a Revenue Augmentation Committee under the chairmanship of Montek Singh Ahluwalia, economist, former Deputy Chairman of the Planning Commission, and former Member of the Prime Minister’s Economic Advisory Council. The committee has been tasked with recommending measures for the sustainable augmentation of the State’s tax and non-tax revenues by improving compliance, plugging leakages, rationalising tax rates, fees and exemptions, and identifying new and underutilised sources of revenue. The government that had already presented a white paper on the state’s finances said there was a need to align the growth of revenue in sync with the growth in the economy and to augment and sustain the resource base. The objective of the committee, the government said, is to strengthen the State’s fiscal self-reliance and create the fiscal space needed to meet its developmental commitments. According to a Government Order issued by the Finance Department, the committee will function for a period of three months and will be treated as a Class I Committee for the purposes of travel, hospitality and other related expenditure. Krishnan, Chair Professor of Economics at the National Council of Applied Economic Research (NCAER) and Honorary Professor at the Centre for Policy Research (CPR), New Delhi; Arbind Modi, tax policy expert, Convener of the Task Force to Rewrite the Income Tax Act (2017–18), and former economist in the International Monetary Fund’s Fiscal Affairs Department; Najib Shah, IRS (Retd.), former Chairman of the Central Board of Excise and Customs (CBEC), former Commissioner of Customs at Jawaharlal Nehru Custom House (JNCH), Nhava Sheva Port, former Additional Director General…

3. US court rejects intervention by Indian origin man alleging ‘deep state’ plot in SEC case against Adani

US court rejects intervention by Indian origin man alleging ‘deep state’ plot in SEC case against Adani A United States court recently rejected an application by a New Jersey resident to intervene in

US court rejects intervention by Indian origin man alleging ‘deep state’ plot in SEC case against Adani

US court rejects intervention by Indian origin man alleging ‘deep state’ plot in SEC case against Adani A United States court recently rejected an application by a New Jersey resident to intervene in the Securities and Exchange Commission’s (SEC) case against Gautam Adani and Sagar Adani over an alleged bribery scheme.[Securities and Exchange Commission v Gautam Adani and Sagar Adani]. In an order passed on July 15, Judge Nicholas G Garaufis of the United States District Court for the Eastern District of New York dismissed the plea filed by Ashu Shukla who alleged that “US deep state actors” were pursuing a “malicious agenda”. The Court held that Ashu Shukla, who appeared without a lawyer, had failed to demonstrate any legally recognisable interest in the proceedings “Additionally, Shukla’s allegations are not credible because they are conclusory and speculative,” the Court said. Shukla had claimed that the proposed settlement between the SEC and the Adanis would affect global investors, businesses, peace initiatives and the wider public interest. He alleged that the case was part of a coordinated effort involving persons in the United States and Indian government officials to extract bribes from Adani. He also sought to blame “US deep state actors” for the case. The application questioned the selection of officials in the SEC and the United States Department of Justice, the engagement of Robert J Giuffra Jr as Gautam Adani’s lawyer and the attempt to settle the matter. The Court found that these allegations did not credibly implicate any personal legal interest held by Shukla.

4. Tesla wins bid to revive UK lawsuit for 5G patents licence

Tesla wins bid to revive UK lawsuit for 5G patents licence - International - 1 min read Tesla wins bid to revive UK lawsuit for 5G patents licence BRITAIN-COURT-Tesla wins bid to revive UK lawsuit for

Tesla wins bid to revive UK lawsuit for 5G patents licence

Tesla wins bid to revive UK lawsuit for 5G patents licence - International - 1 min read Tesla wins bid to revive UK lawsuit for 5G patents licence BRITAIN-COURT-Tesla wins bid to revive UK lawsuit for 5G patents licence LONDON, - Elon Musk's Tesla on Monday won its bid to revive a London lawsuit brought against U.S. technology firm InterDigital and a patent licensing platform, seeking a patent licence ahead of the automaker's launch of 5G vehicles in Britain. Tesla sued InterDigital and Avanci - which licenses patents from multiple owners, largely for automotive uses - at London's High Court in 2023. The company wanted the court to determine the fair, reasonable and non-discriminatory (FRAND) terms of a licence for Tesla to use patents owned by patent holders, including InterDigital and which are licensed by Avanci. InterDigital and Avanci asked the court to throw out Tesla's bid for a ruling on FRAND terms for a licence and the High Court ruled in their favour in 2024, though Tesla's claim to revoke three of InterDigital's patents could continue. Tesla unsuccessfully appealed against that ruling at the Court of Appeal before challenging it at the United Kingdom's Supreme Court, supported by interveners including tech lobbying group CCIA and the Motion Picture Association. The Supreme Court ruled in Tesla's favour, saying that owners of patents are not released from obligations to licence them on FRAND terms just by joining a patent pool or platform. The case is now expected to return to the High Court. Laurie Fitzgerald, president of Avanci Vehicle, said in a statement: "We respectfully disagree with today's decision and continue to believe Tesla's claims are without merit." Tesla and InterDigital did not immediately respond to a request for comment. (Reporting by Sam Tobin; editing by Sarah Young)

5. FIR against 19 for illegal registration of trust properties meant for Meenakshi Amman temple

FIR against 19 for illegal registration of trust properties meant for Meenakshi Amman temple Illegal registration of properties belonging to a trust established to serve the Madurai Meenakshi Amman Te

FIR against 19 for illegal registration of trust properties meant for Meenakshi Amman temple

FIR against 19 for illegal registration of trust properties meant for Meenakshi Amman temple Illegal registration of properties belonging to a trust established to serve the Madurai Meenakshi Amman Temple and Alagarkoil has come to light, with the police registering a First Information Report (FIR) against 19 persons based on a complaint lodged by Religious and Charitable Endowments (HR&CE) Department. Ramesh, Minister for the HR&CE Department, on Monday (July 27, 2026) told the properties measuring 1.79 acres had been fraudulently registered in 2021. He said their guideline value was between ₹20 crore and ₹30 crore, while their market value was estimated at around ₹60 crore. The FIR was registered on the basis of a complaint filed by K. Chelladurai, Executive Officer of the Madurai Meenakshi Amman Temple. “We will retrieve the properties through legal means,” he said The Minister in 1930, the Pudukottai Rajakumarar Dakshinamurthy Durairaja Durairani Trust was established. Its property on Alagarkoil Road in Madurai comprises a bungalow named Ashoka Vilas and an adjoining garden. Under the terms of the will, the property and the garden could be rented out, but there was no provision permitting them to be mortgaged or sold. Ramesh said Arappor Iyakkam, an anti-corruption organisation, had brought to his notice the alleged sale of the trust’s properties, which had been endowed to support several religious services at the Madurai Meenakshi Amman Temple.

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