INDIA MARKET LENS
Markets◆ Mixed

Tata Trusts Row: SRTT Seeks Adjournment, Says Charity Commissioner's Own Order Ties Its Hands

· NDTV Profit

The trust cited the Charity Commissioner's order of May 15, which bars SRTT from holding any meetings. Without a meeting, the trust said, it cannot approve or file a response.

Dates in focus
May 15

This is a Capacity / capex event. Capacity added into a soft cycle compresses returns for the whole sector; added into a tight one it is the cheapest growth available. The cycle position matters more than the announcement.