The company said, due internal processes as applicable for sanctions of loans of such nature and value were followed
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.
The matter related to supply of low floor buses by Tata Motors to Government of Tamil Nadu.
Vinay Pathak, Divyenndu Sharma and Kusha Kapila are comfortable enough in their comic skins to play their parts with ease, observes Deepa Gahlot.
Does India's most valued company give hope to its investors that they, too, might drive a Jaguar some day?
Amit Mistry, an alumnus of Rice University, has been selected as the Materials Research Society/Optical Society of America Congressional Science and Engineering Fellow for 2008-2009.
'He told me he was very happy to see the realistic portrayal of the cockpit too.' 'His wife told me that I carried the same kind of personality as her husband in my performance.'
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.
Mistry is not the first Tata bigwig to be ousted and Tata is not the only big name which saw a doyen or two leave
Tata Sons Private Limited, the holding company of the Tata group, witnessed a precipitous drop in its net debt to Rs 5,656 crore in the 10 months ended January this year, as its cash reserves burgeoned to Rs 9,516 crore during this period. Eight years ago, in 2015-16, Tata Sons reported a net debt of Rs 5,132 crore; from March 2017 until March 2023, this figure was above the Rs 14,700 mark, peaking at Rs 27,437 crore at the end of March 2019, according to data sourced from Capitaline. The company's gross debt nearly halved to Rs 15,173 crore until January 2024 on a standalone basis, down from a peak of Rs 31,363 crore reported in the financial year ended March 2019.
Group firms working on sound footing
While understanding the challenges of the group, the Tata Sons chairman has taken quite a few tough decisions in his first year in office.
He is focussing on tightening the belt of the conglomerate left bloated by explosive growth under his predecessor.
Cyrus Mistry undertook quite a few significant initiatives at the Tata Group in the past two years.
Dividend pay-out by the group companies grew at a compounded annual rate of 15.7% under Cyrus, sharply up from 2.5% in the previous three years
Reticent author Cyrus Mistry on Saturday beat off stiff competition from five other writers to become the fourth winner of the $50,000 DSC prize for South Asian literature for his book "Chronicles of a Corpse Bearer".
Mistry is halfway through in building Tata group's Gen Next.
Captain Sharan and Flight Engineer Anil Jaggia both confirm that the hijackers seemed to know a lot about flying an aircraft. Without help from the ISI or the Pakistan army, it was impossible, points out Utkarsh Mishra.
The toughest part is to tackle human behaviour. On the Atal Setu, says Indrajit Gupta, I chose to drive at a consistent speed of 80 kmph in the middle lane. Vehicles on the right lane were clipping along at 150 kmph, way over the maximum permissible limit of 100 kmph. On occasion, I had to slow down or dodge vehicles suddenly pulling into the middle lane from the side.
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.
If Pranav Mistry has his way, people around the world can build their own wearable 'SixthSense' -- which uses a camera that understands human gestures -- at a cost of less than Rs 15,000 ($300) by obtaining the software he developed for free in the next few months.
This is largely on the back of Tata Steel's expansion at Kalinganagar, as well as JLR's in China and Brazil
Fourteen per cent of the $16 billion invested by Ratan Tata in M&As abroad has been written off by his successor.
Ignoring controversies surrounding him over Adarsh housing scam, the Congress has decided to field ex-Maharashtra chief minister Ashok Chavan for the Lok Sabha polls and has fielded Madhusudan Mistry, a close aide of party vice president Rahul Gandhi to take on Narendra Modi in Vadodara. Anita Katyal reports
Indian Hotels, Tata Steel, Tata Teleservices, Tata Motors, Tata Power need some immediate attention of the Tata Group chairman
The 15-member committee has also recommended the imposition of a goods and service tax on financial services, and creation of a currency spot market and rupee-settled exchange traded currency derivatives market.
Urban housing mortgage major HDFC announced that it will cut its lending rates by the end of the week.
Days before US President Barack Obama's high-powered visit here, the US-India CEO Forum has been reconstituted with Cyrus Mistry replacing Ratan Tata as its co-chairman
Top businessmen often seek refuge in the animal kingdom to describe their situation
In instructions for polling issued on Saturday, Congress central election authority chairman Madhusudan Mistry had said Pradesh Congress Committee members 'will mark '1' on the ballot paper against the name of the candidate and fold the ballot paper to put it into the ballot box'.
Mistry said the poll body satisfied the candidate on every complaint but despite that he raised all those points in the media before bringing them to "our notice".
Quoting Greek philosopher Socrates, Justice Bopanna emphasised that there are four qualities that are expected of a judge -- to hear courteously, to consider soberly, to answer wisely and to decide impartially.
Ratan Tata was deeply involved in promoting a technology-oriented culture in the group
Nomination forms for the post of Congress president poll have been collected by Thiruvananthapuram MP Shashi Tharoor and All India Congress Committee (AICC) treasurer Pawan Bansal, but Rajasthan Chief Minister Ashok Gehlot has not done so yet, the party's central election authority chairman Madhusudan Mistry said on Tuesday.
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.
The last electoral contest for the top post of the party took place in 2000 when Jitendra Prasada had suffered a crushing defeat at the hands of Sonia Gandhi.
Amid suspense over who could take on Shashi Tharoor in the Congress president polls, party's central election authority chairman Madhusudan Mistry on Tuesday said AICC treasurer Pawan Kumar Bansal has got nomination forms collected, adding that it may be for someone else.
India will lose up to $50 billion to $70 billion per annum in terms of financial and commodity trade services fees in the next 12-15 years, if it fails to open up its financial sector to competition.
