On the other hand, the group's two traditional cash cows, TCS and Tata Motors' subsidiary Jaguar Land Rover, are slowing as other businesses pick up pace
Noel, Ratan Tata's half-brother and Mistry's brother-in-law, was a contender for the top position when Mistry was chosen as chairman in 2011.
In 2006-07, TCS had employed 7,000 people in the eastern states.
Tata Sons said dividend from 40-odd Tata Group firms had declined during Mistry's tenure while expenses had risen
About time the Tata companies that are owned by the public are freed from the clutches of Tata Sons, says Sudhir Bisht.
Pakistani Prime Minister Nawaz Sharif has cancelled his visit to WEF annual meeting after a deadly Taliban attack in his country.
Corporates understand that the PMO drives all key decisions in this government.
'Badlapur might end up being my most successful film,' producer Dinesh Vijan tells Patcy N/ Rediff.com
The Confederation of Indian Industry will organise a round table on investment.
The plan was activated in October last year.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
'I hate people who do such things.' 'The person who bullied me should be ashamed because he tortured other people too.'
Days before Narendra Modi arrives in the US to speak at the UN, meet Barack Obama, gupshup with the likes of Nadella, Pichai, Zuckerberg, and address desis in Silicon Valley, his ministers will help set the commercial and strategic tone for the prime minister's visit.
The 36 new properties, which will also include expansion across two new countries, will add 5,431 rooms.
Broader markets underperformed the benchmark indices with BSE Midcap and Smallcap indces slipping 0.8%-1.1%
Terms reveal that such premature redemption is allowable on dividend reset dates in case there is no agreement on the dividend rate
Mistry's strategy appears to be the opposite of the group's stance in the heady days of 2007
Owners of Pune-based Serum Institute of India, the Poonawalla's have thrown the hat to acquire the iconic Grosvenor Hotel in UK from Sahara Group.
Enjoy our fascinating series where film folk reveal what their movies taught them...
The numbers in India may not be as big but the opportunity for serious growth is all there.
The S&P BSE Sensex closed at 26,190, up by 43 points and Nifty50 settled above 7,950 to end at 7,963, up by 17 points
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.
The biotech company's revenues had fallen to as low as Rs 50 cr.
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
The $100 billion Tata group conglomerate is a major beneficiary of the decision to open up aviation in India.
What could be the reason for this swift change in less than four years of Mistry taking charge? People in the know said it was building up. The latest trigger was Tata Power's acquisition of Welspun Renewables' solar and power assets
In the domestic market, the Tata Group has lost ground in the passenger car business.
Dhirubhai Ambani lived in a one-room chawl in Mumbai with his wife and children and went on to establish the Reliance Group.
Prime Minister Narendra Modi is not taking along an industry delegation to the US but top representatives of India Inc are likely to travel to New York and Washington to be part of the power-packed business meetings and receptions being hosted for him.
The sudden resignation and almost-immediate announcement of a successor came as a surprise to many.
The combined networth of India's 100 wealthiest is $381 billion (nearly Rs 25.5 lakh crore), a rise of 10 per cent from $ 345 billion in 2015
VCs have been especially bullish about India.
Perhaps, the group's leadership position and potential in the retail segment prompted Tata Sons Chairman Cyrus Mistry to identify retail as one of the group's four growth clusters in his recent Vision 2025 statement.
.jpg)
Arvind Kumar Sharma, a 1988-batch IAS officer and one of the many joint secretaries in PMO, definitely wields some power.
'I have played 54 characters till now, and there was always some reference point, but in Raabta, there was none.'
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
'If you just click sexy pictures, you are only going to have a bunch of perverts following you.' 'What do perverts buy? They don't even buy condoms.'
Indian billionaires do not believe in sitting on their wealth.
So let's stop focusing the Modi agenda on India Inc and the capital markets, and let's start focusing on the Modi development agenda for the average Indian.
.jpg)
The nomination of cluster heads for defence, infrastructure and finance business is awaited.
