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Mistry calls sacking illegal, says wasn't given any freedom
The latest Hollywood updates.
Will it be Noel Tata, Ratan Tata's half brother?
Industry minister hints at inviting Mistry to the upcoming annual industrial meet.
Cyrus Mistry, who takes over captaincy of the Tata group this Friday, doesn't have to worry about the wicket. With a team comprising some of India's best corporate leaders - all carefully handpicked by his predecessor - Mistry can surely hit the ground running.
The plan was to sell off non-profitable businesses apart from focusing on four verticals: real estate, defence, financial services and retail
Ratan Tata, the outgoing chairman of over $80-billion Tat Group, on Thursday introduced his successor Cyrus P Mistry to Gujarat Chief Minister Narendra Modi during a courtesy visit to his residence in Gandhinagar, a top state official said.
Tata Group chairman Cyrus Mistry is keen to promote the 'Make in India' campaign.
With the addition of these two directors, the total Board strength of the company increases to 14 which include seven independent directors, including O P Bhatt, Tata Consultancy Services said.
Shareholders want to know what plans does company have to address the issue
A quick look at the winners of the 82nd Annual Golden Globe awards.
Recouping the dent caused by the Hindenburg Research report, Gautam Adani's networth shot up 95 per cent to Rs 11.6 lakh crore last year, which helped him replace Mukesh Ambani to become the richest Indian, a report said on Thursday. Reliance Industries chairman and managing director Ambani's overall networth increased by 25 per cent to Rs 10.14 lakh crore, as per the 2024 Hurun India Rich List. In 2023's report, Adani's wealth declined by 57 per cent to Rs 4.74 lakh crore, and Ambani was way ahead with a fortune of Rs 8.08 lakh crore.
A non-executive director typically does not engage in the day-to-day management of the organisation
It is believed that Tata Sons was unhappy with Mistry's approach of shedding non-profit businesses, including the conglomerate's steel business in Europe, and concentrating only on cash cows
She is the first person to win Album of the Year four times, with her latest prize for Midnights.
Ratan Tata was one of the world's most influential industrialists yet he never appeared on any list of billionaires. He controlled over 30 companies that operated in over 100 countries across six continents yet lived an unpretentious life. Ratan Naval Tata, who died at a Mumbai hospital on Wednesday night at the age of 86 years, enjoyed a perhaps unique status -- a corporate titan who was considered a 'secular living saint' with a reputation for decency and integrity.
Mistry was in the state on his first visit as the head of the conglomerate
He is focussing on tightening the belt of the conglomerate left bloated by explosive growth under his predecessor.
Of the six chairmen that Tata group has had in its 148 years, the longest serving was Jehangir Ratanji Dadabhoy
Here's what your favourite Hollywood celebrities have been up to.
Noel Tata -- the half-brother of late Rata Tata -- who takes over as chairman of Tata Trusts, has been with the Tata Group for over four decades, slowly rising through the ranks in the salt-to-software conglomerate. Having functioned mostly under the shadows of his illustrious half-brother, Noel (67) will now have the responsibility of leading the Tata Trusts -- broadly comprising Sir Ratan Tata Trust & Allied Trusts, and Sir Dorabji Tata Trust & Allied Trusts -- that hold a controlling 66 per cent stake in Tata Sons, the holding and promoter firm of Tata Group companies.
On Tata's retirement in December, 2012, Mistry will take the charge of IHCL.
Experts view this as a case of "failed experiment" in succession
In the decade and a half he has been at the helm of the Rs 9,000-crore group (Rs 90-billion), Mistry has helped it build an impressive portfolio.
The collective wealth of the 100 richest went past $1 trillion for the first time.
Mistry indeed followed standards of corporate governance so that it should not create any controversies at a later date
Here's what your favourite Hollywood stars were up to.
Tata spoke about his 50 years with the group, 21 as its chairman, the highs and lows of his tenure, his equation with Mistry and his post-retirement plans during an expansive interview to PTI in his office at 'Bombay House', the group headquarters.
To me he always symbolised the sincere, confident, face of a Bharat whose rise is unstoppable. Ratan Tata was a Rishi who was unquestioningly trusted by people who never saw him and never met him, asserts Tarun Vijay, the former BJP MP.
In 2014, Tata group had launched Tata Engage, a group volunteering programme that already has participation of over 55,000 employees of the group from over 100 companies spread across 65 countries.
The Cyrus Mistry camp is confident that independent directors will take their cue from their counterparts in Indian Hotels.
Ratan Tata was deeply involved in promoting a technology-oriented culture in the group
The matter related to supply of low floor buses by Tata Motors to Government of Tamil Nadu.
Marking a generational change, Tata, who turns 75 tomorrow, will hand over the reins of the group to 44-year-old Cyrus Mistry, who was chosen his successor last year and formally appointed Chairman earlier this month.
He wants his companies to have speed and agility to adapt to turbulent times
To deliver on strategy that late Slym was executing.
Oil-to-telecom conglomerate Reliance Industries Ltd head Mukesh Ambani continues to be the richest Indian and has now broken into the world's top 10 wealthiest persons in the latest Forbes 2024 Billionaire List. Ambani, 66, is ranked 9th on the list with a wealth of $116 billion, up from $83.4 billion in the 2023 ranking, according to Forbes. Gautam Adani is the second richest Indian and is ranked at No.17 on the global list.
There were certainly qualities adhering to the Tata Group, which emanated from the persona of Ratan Tata. Most notable of these would be the low profile he maintained, which sharply contrasted the in-your-face celebrity status, celebration of wealth and pursuit of importance many of liberalised India's rich, love, notes Shyam G Menon.
Could these outfits BE any risque-ier?
