Tata Motors has obtained requisite majority from its shareholders on the scheme of arrangement pertaining to conversion of shares with differential voting rights (DVR) (also known as A-ordinary shares) into ordinary shares. The resolution (Scheme of Arrangement of Tata Motors and its shareholders and creditors under Sections 230 to 232 of the Act) received an overwhelming 99.81 per cent ‘for’ votes, showed a stock exchange filing made by the company.

The shareholder approval will pave the way for Tata Motors to convert its shares with DVR into ordinary shares and thereby simplify its capital structure.

During Apple’s quarterly earnings call on May 2, Apple's CEO Tim Cook pointed out generative artificial intelligence as the company’s next frontier. According to a report by 9To5Mac, while talking about Apple’s annual Worldwide Developers Conference (WWDC), which is scheduled for June 10, the Apple CEO said that he is excited to reveal what the company has been working on.

Tim Cook did not point out the AI features that the company is working on for its ecosystem.

Former Delhi deputy chief minister Manish Sisodia approached the high court on Thursday seeking bail in the corruption and money-laundering cases lodged by the CBI and the ED respectively in relation to the alleged excise policy scam.

The bail pleas are scheduled for hearing before Justice Swarana Kanta Sharma on Friday.

Sisodia approached the high court after a trial court refused to grant him bail in the matter on April 30.

Six Adani Group firms have come under the Securities and Exchange Board of India (Sebi) lens and have received show-cause notices for alleged breaches in related party transactions and non-compliance with listing regulations, said the companies in their regulatory filings to the stock exchanges.

Among these, Adani Enterprises, the flagship of Gautam Adani's business empire, disclosed the receipt of two show-cause notices during the quarter ending on March 31.

Abu Dhabi Investment Authority (ADIA) and investment management company KKR have made investments in Reliance Retail Ventures Limited (RRVL) warehousing assets, in a transaction valued at Rs 12,864 crore ($1.5 billion), according to a report in The Economic Times (ET).

This investment is separate from the infrastructure investment trust (InvIT) established by RRVL last year, which was intended to accommodate approximately half of its retail warehousing assets.

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