Ratan Tata-led interim management of Tata Sons is seeking to oust Mistry from his positions in the operating group firms, including IHCL and Tata Motors
Shah briefed the prime minister on the attack and discussed the measures to be taken in its aftermath.
'Suchitra Sen threatened to leave, with the film only 80 per cent complete.'
If Cyrus's protestations of having no knowledge of his imminent dismissal are to be taken at face value, he was extraordinarily naive and insulated from the ground reality. There were enough straws in the wind to suggest that his relations with Ratan were fast deteriorating to a point of no return.
A naturally reclusive nature and a conviction for the work to do the talking meant there was very little known about Mistry even during his time at the helm of Tata Sons. He did not do a single media interview from Bombay House.
'Cyrus was always very different. He would think before acting.'
The police in Palghar district of Maharashtra, who are investigating the Mistry car accident case, have found this during their investigation.
Dr Anahita had only worn the shoulder harness from the back and had not adjusted the lap belt, police said.
The Mercedes-Benz GLC 220d 4MATIC, the SUV former Tata Sons chairman Cyrus Mistry was riding in on Sunday, comes with various safety features to protect passengers but just like other high-end cars, it has no airbags for rear seats.
With the Supreme Court not getting into the valuation part and leaving it to the two parties, lawyers said there was nothing much for Mistry Group to negotiate.
During the investigation, witnesses were questioned and reports were obtained from the Regional Transport Office and Mercedes Benz India Pune, said a police release.
According to National Crime Records Bureau data released recently, over 1.55 lakh people were killed in road crashes across India in 2021 -- an average of 426 daily or 18 every single hour.
As a step to protect its interest as a lender, SBI will look at the financial stability and corporate governance practices in companies where it has exposure.
Tata Sons on Friday announced organisational changes, bringing in S Padmanabhan as the group human resources head.
Tata group will invest over Rs 45,000 crore on various businesses over next two years and would look to expand its presence in global markets besides in India, the group's new chief Cyrus P Mistry said.
The combined wealth of India's dollar billionaires is now equivalent to 33.81 per cent of India's nominal GDP.
The CEOs, sources said, also discussed the steps to raise domestic production of coal.
Tata Power is looking forward to drawing big advantage from Cyrus Mistry taking over as the $100-billion conglomerate's new chief, as he began Tata journey with this company and can relate to the business very well.
Tata Group chairman Cyrus Mistry is keen to promote the 'Make in India' campaign.
Tata Group overall commands market capitalisation of over $125 billion
British Prime Minister Theresa May will be in India tomorrow, but Cyrus Mistry will no longer head the Indo-UK CEO forum.
'The idea is to align the HR policies and work culture with changing times'.
TCS still ace in the pack
Cyrus Mistry undertook quite a few significant initiatives at the Tata Group in the past two years.
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".
Hindustan Unilever's Q3FY24 performance was lacklustre, with both sales and operating profit barely moving from the year-ago period due to price cuts and higher advertising costs. Besides weak demand, the FMCG (fast-moving consumer goods) major is facing increased competitive pressures, particularly from regional players, which, coupled with a slow recovery in rural markets, could put revenues under pressure going forward. Margins are expected to remain range-bound as benefits from falling raw material costs are expected to be neutralised by rising promotional budgets.
Women have been and continue to be an integral part of Tata Global Beverages' business, across the world, says Cyrus Mistry.
Voting began on Monday in the Congress presidential polls as senior leaders Mallikarjun Kharge and Shashi Tharoor face-off for the post of All India Congress Committee (AICC) chief.
Mistry said the election authority is in the process of finalising the AICC delegates who will vote in the crucial election for the top party post.
Mallikarjun Kharge was on Wednesday elected the Congress president after defeating Shashi Tharoor in an electoral contest, the sixth in the party's 137-year-old history.
Having successfully executed the merger with parent HDFC, HDFC Bank's managing director and chief executive Sashidhar Jagdishan on Saturday said the country's largest lender aims to double every four years. In a letter to the over 4,000 employees from HDFC who joined the bank's rolls on Saturday, Jagdishan said the future is bright, and the work on realising the potential of the merger starts now. "The runway for financial services and mortgage, which are so underserved and under penetrated, is going to be very large. HDFC Bank - the combined entity - with a large and growing distribution and customer franchise, more than adequate capital, healthy asset quality and profitability, will be best positioned to capture growth.
Hectic preparations were underway at the Congress headquarters for the ceremony where party president Sonia Gandhi will hand over the baton to her successor, Mallikarjun Kharge, the first non-Gandhi to head the outfit in 24 years.
The Cyrus Mistry camp is confident that independent directors will take their cue from their counterparts in Indian Hotels.
A strict enforcement of seat belt norms for rear passengers would be more effective than making an alarm go off when people do not belt up, according to officials at car manufacturers. Their comments came a day after Nitin Gadkari, the Union minister for road transport and highways, announced that seat belt alarms would be made mandatory for passengers in the rear seat of a car. "We have taken a decision that there will be a provision that the car seat belt alarm should beep when the rear seat rider is not wearing a seat belt. "We will impose fines if rear seat riders are not wearing seat belts.
Pallon has already joined the boards of some of the unlisted companies such as Afcons
Half a dozen names are doing the rounds as replacement for Cyrus Mistry as the chairman of the Tata Group.
There was virtually no incremental equity investment by Tata Sons during Mistry's first two years
Small- and mid-size companies where Cyrus was the chairman did better on bourses than large Tata group companies
While study was done before the current boardroom battle began, the findings indicate Tata is no longer viewed as aspirational brand by working professionals.
Kumar will hold responsibility for strategy at the group level.
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