Tata Sons said dividend from 40-odd Tata Group firms had declined during Mistry's tenure while expenses had risen
'Tata Steel has doubled, Tata Motors has more than doubled, and Tata Chemicals too has more than doubled.' 'So, Cyrus Mistry was getting accepted by the market for bringing in the change that was good for the group companies.'
In 2006-07, TCS had employed 7,000 people in the eastern states.
Busting a major 'front running' case in the stock market, Sebi on Friday ordered impounding of unlawful gains worth nearly Rs 15 crore (Rs 150 million) from brokerage firm Sharekhan and 15 other entities.
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Markets ended lower on profit taking ahead of June F&O expiry.
'Jin Jiang had invested in Louvre Hotels.' 'Louvre, a couple of months ago, took a majority in Sarovar hotels.' 'So they are coming in now.' 'Look at the Chinese -- two quarters ago they took 25 percent in Hilton.' And then HNA also took majority in Carlson (Radisson).'
During the checks on the Cessna aircraft registered with Business Jets India, the DGCA found that the pilots in command did not have necessary training certificates.
The company divests from properties abroad to focus on its key markets.
India needs 1.4 million hotel beds a night but has only 2.4 lakh, points out Rahul Pandit, MD and CEO of Ginger Hotels.
Big bull's holdings cross Rs 7,200 crore (Rs 72 billion).
In January this year, Tata Sons invested an additional Rs 2,500 crore (Rs 25 billion) in Tata Teleservices which was used to repay loans of the wireless telephony company.
TCS still ace in the pack
Tech major's shareholders will receive total dividend of Rs 15,474 crore in FY15
Culinary legend Satish Arora hangs up his apron after almost 5 decades of service at the Taj group of hotels.
The 36 new properties, which will also include expansion across two new countries, will add 5,431 rooms.
During the 11 years ending FY15, Tata Sons cumulatively earned dividend income of around Rs 31,500 crore from TCS.
In the domestic market, the Tata Group has lost ground in the passenger car business.
Indian CEOs might like to make some serious course correction.
Following the Supreme Court ruling against liquor being sold within 500 metres of state and national highways, the infamous Indian jugaad is in play once again. Veenu Sandhu, Nikita Puri, Ranjita Ganesan & Avishek Rakshit find out how India is coping.
Mistry's strategy appears to be the opposite of the group's stance in the heady days of 2007
Bombay House turns evangelist for new Tata products.
Impact of the slowdown is most visible among promoter/owner-CEOs
While some companies used that to become world leaders, others squandered it by over-borrowing.
Famous and long believed to be trusted Indian brands have wilted against foreign brands, says Mohan Guruswamy.
ITC is one of those few enterprises in the world that has traversed a 100 year journey and has yet managed to remain contemporary, relevant and competitive.
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