The government is keeping a "close watch" on the developments relating to the Tata-Mistry case, but does not want to "interfere" at present as it was an "internal matter" of a private group, Ministry of State for Corporate Affairs Arjun Ram Meghwal has said.
Shareholders want to know what plans does company have to address the issue
Profit in FY13 up 18% to Rs 3,713 crore, dividend income jumps 37%
The Tatas don't want any court to pass any ex-parte orders without hearing their side of the story
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.
Sources in the Tata group said they could not attend as they were travelling.
Tata Group is the country's most valuable group and has an estimated 4.1 million shareholders across its various listed companies
The Starbucks partnership will take couple of years to break-even.
Industry minister hints at inviting Mistry to the upcoming annual industrial meet.
Shapoorji Pallonji Group's head Pallonji Mistry died at his residence here, company officials said on Tuesday. Mistry, the largest individual shareholder in the Tata Group with a 18.4 per cent holding in the conglomerate, was 93.
Tata Group overall commands market capitalisation of over $125 billion
While understanding the challenges of the group, the Tata Sons chairman has taken quite a few tough decisions in his first year in office.
'And he was really trying just to do the best by the shareholders, and by the laws of India.'
Mistry is halfway through in building Tata group's Gen Next.
Refuting Tat's charges about Welspun buy, Mistry said to even suggest that the Tata Sons board including the nominee directors of the Tata Trusts had not been adequately informed is contrary to the factual record
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."
Clarity on Tata Sons' position on listing, as of 2025, would help define the future of the group better, irrespective of the RBI stand. As of now, the ball is in the RBI's court, and everyone is watching the space, points out Nivedita Mookerji.
The Cyrus Mistry camp is confident that independent directors will take their cue from their counterparts in Indian Hotels.
The Board has decided to confer on Ratan Tata the honorary title of Chairman Emeritus.
The notices from the stock exchanges followed reports about Cyrus Mistry disclosing possible writedown to the tune of $18 billion faced by the conglomerate
The company is banking on investments lined up for product development and other innovations.
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.
'That she drove 20 km in 9 minutes is rubbish.'
Indications are that the Tata Sons stand on listing of the company may come up for a discussion even if it's not part of the agenda
Cyrus Mistry had put in place a strategy that would have pulled most of the Tata group's 'legacy hotspots' out of the financial mess from legacy issues and helped turn around the group's finances.
During the investigation, witnesses were questioned and reports were obtained from the Regional Transport Office and Mercedes Benz India Pune, said a police release.
Here's a look at how key Tata group companies fared under Cyrus Mistry's stewardship.
The Supreme Court in its order said it was not open for SP group companies to call Ratan Tata a "shadow director" when the board of which Cyrus Mistry was chairman had nominated him as chairman emeritus of the USD 100 billion salt-to-software Tata group.
Other legal options include approaching the NCLT alleging mismanagement and oppression of minority shareholder
British Prime Minister Theresa May will be in India tomorrow, but Cyrus Mistry will no longer head the Indo-UK CEO forum.
'The quality of a leader should be such that even if the leader is not there, the institution carries on.'
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
Tata Sons on Friday announced organisational changes, bringing in S Padmanabhan as the group human resources head.
'The idea is to align the HR policies and work culture with changing times'.
Tata Motors Chairman Cyrus Mistry said the company was poised for an 'inflection', even as it revamped its entire product portfolio.
Days after the disbanding of Group Executive Council set up by Tata Sons ousted chairman Cyrus Mistry, N S Rajan and Nirmalya Kumar have resigned from their respective board positions at Indian Hotels Company and Tata Chemicals.
Tata Steel and Indian Hotels on Wednesday said they have always made all relevant disclosures and have no further comments to offer following comments made by ousted Tata Group chairman Cyrus Mistry that Tata group firms could face a potential USD 18 billion writedown.
First time in 13 years the company has declined payment of dividend.
Ratan Naval Tata, a prominent industrialist, philanthropist, and former Chairman of Tata Sons, has been admitted to the intensive care unit (ICU) at Breach Candy Hospital in Mumbai, reports Mid-Day newspaper.
Group firms working on sound footing
