With cash shortage and plans going awry, the AirAsia owner is looking to cash out of the venture he built with Ratan Tata in 2013.
This is Tata's seventh investment this year.
India Inc very keen to do business in Gujarat.
The winners for the year 2019 are from fields as diverse as agriculture, sports, handicrafts, afforestation and wildlife conservation, armed forces and education.
'From the investor's point of view, a real change would happen only when business environment in all our states qualitatively improves,' says NITI Aayog Vice-Chairman Rajiv Kumar.
'If not, we can become frighteningly chaotic, more chaotic than what we are today.' 'In today's environment in the country, we still have a window of opportunity.'
Tata Group's Chairman Emeritus Ratan Tata said corporates who are eager to please the shareholders need also to focus on social issues such as these.
'I've been backing businesses in the e-commerce space because they enable goods and services to reach people who could never have been catered to in this manner before.'
Tata Trusts have tied up with Google, Intel.
The Tata Group has close to 110 companies and Chandrasekaran plans to bring this number down to around five or six.
Modi, 68, was administered the oath of office and secrecy by President Ram Nath Kovind at a glittering ceremony at the forecourt of majestic Rashtraparti Bhavan.
For FY14, the first full year of the law's implementation, the spend could go up to nearly Rs 8,700 crore (Rs 87 billion), given that India Inc's profitability has grown at a compounded 7.5 per cent annually in the past three years.
ITC, Sun Pharma, Cipla and Tata Steel were top gainers on BSE Sensex
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."
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
About time the Tata companies that are owned by the public are freed from the clutches of Tata Sons, says Sudhir Bisht.
With a net worth of $12.6 billion, Mistry is well known for constructing some of Mumbai's landmarks such as the Reserve Bank of India headquarters, The Taj Mahal Palace and Towers, and the Oberoi Hotels
An ambitious exhibition tells the story of India as also the history of the world.
India U-17 football team captain Amarjit Singh's confidence is set to get a boost during the World Cup as his full family will be in New Delhi to cheer him.
Far from public glare, company is investing in tech firms and providing consultancy.
Though Mistry does not make it to the club of the top 10 highest paid India Inc leaders, he will be among the next 10.
It is actually quite remarkable that EPW has survived for so long. "I see it as a journal of dissent," says Rammanohar Reddy and is thankful to the EPW community for keeping it relevant.
Corporate affairs ministry sending notices seeking details of fund disbursal
From educating people about the internet, connecting far-flung areas with a high-speed net, promoting entrepreneurship, building start-up incubators, women empowerment, to even running a voter registration campaign, cybersecurity and counter-terrorism, Facebook and Google have done it all for the government.
When he is not using the solar pump on his field for irrigation, Raman Parmar uses it to evacuate power to utility grid
Cyrus Mistry, who was replaced as chairman of Tata Sons last Monday, October 24, still serves as the chairman of Tata Steel, Tata Motors, Tata Consultancy Services, Indian Hotels, Tata Global Beverages, Tata Chemicals, Tata Industries and Tata Teleservices.
Refusing to be drawn into a point by point clarification of Mistry's letter, the company said: "It will be beneath the dignity of Tata Sons to engage in a public spat with regard to the several unfounded allegations appearing in his leaked confidential statement."
Provisioning for bad investments, finance costs shoot up in FY14.
Ratan Tata was the first one to realise that Indian companies had become a prisoner to tradition and needed to radically innovate.
Tata, 78, who retired as Tata Group Chairman nearly four years back, justified his return for "maintaining stability and continuity of leadership" and promised to give the group "a world-class leader" when a fulltime boss is appointed.
Life Insurance Corporation of India has over Rs 7,000 crore in tax demand pending against it, the biggest across various categories.
The world had almost completely forgotten about Partition, and many never learned about it, says Guneeta Singh Bhalla, the woman who founded the 1947 Partition Archive.
Tata Sons said dividend from 40-odd Tata Group firms had declined during Mistry's tenure while expenses had risen
His presence matters more than the money he brings.
Here's a look at how key Tata group companies fared under Cyrus Mistry's stewardship.
It's not as easy to know how the funds were deployed and gauge the impact.
'Let me talk about young Indian startups with their hearts in the right place and how they are proving that innovations that represent 'affordable excellence' -- breaking the myth that 'affordability' and 'excellence' cannot go together -- is indeed possible!' says Dr R A Mashelkar, the eminent scientist, in this fascinating feature.
While study was done before the current boardroom battle began, the findings indicate Tata is no longer viewed as aspirational brand by working professionals.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances