Top Business & Market Headlines Today -- BL Morning Report, November 3, 2026

Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Darius Khambata declined another term at Tata Trusts, saying a September 17 board decision damaged the company's reputation.
- ✓Meanwhile, SEBI recommended scrapping LTCG tax for foreign investors to boost markets.
- ✓On Monday, the Sensex gained 1.66% and Nifty rose 1.68%, while IndiGo started developing premium cabins for its international expansion.
Story at a Glance
- Category
- MARKET
- Reported By
- Business Line
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Tata Trusts:Darius Khambata declines another trustee term, alleging Tata Sons' September 17 board decision damaged its reputation.
SEBI:Recommends scrapping LTCG tax for foreign investors and offering tax relief to domestic mutual fund investors.
Markets:Sensex gains 1.66% and Nifty rises 1.68%, led by Reliance Industries, easing crude prices and strong earnings.
IndiGo:Develops premium cabins and reviews fuel hedging as it expands internationally, with A350 deliveries expected from 2028.
Darius Khambata declines another term with Tata Trusts, says Tata Sons reputation sullied following September 17 board meet
https://www.thehindubusinessline.com/companies/darius-khambata-steps-down-from-tata-trusts-says-tata-sons-reputation-sullied-following-september-17-board-meet/article71656292.ece
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