NCLT in its judgement said: "The removal of Cyrus Mistry as executive chairperson was because the board lost confidence and not because they were contemplating that he would cause discomfort to Ratan Tata, N Soonawala and others.' "The Board is competent to remove an executive chairman. Mr Mistry's removal from the position of director came because he admittedly sent out company information to the I-T (department), press, and came out in public against the board and the trust."
Group of ministers to review progress every fortnight.
The estranged Indian partner of McDonald's, Vikram Bakshi, on Thursday offered buying out the US food major's stake in their joint venture Connaught Plaza Restaurants.
Mehbooba also became the second Muslim woman to become the chief minister of any state in India.
The new penalty regime could create a fresh set of complications for tax payers.
Madha Yaanai Koottam reveals in great detail the rites and rituals followed after death and how pride, anger and vengeance can only lead to senseless violence and death.
The four leg canine 'soldiers' play a crucial role in saving lives of troops and civilians, reports Mayank Singh.
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