Sixteen companies in the group registered a turnover of over $500 million, with ten of these registering a turnover of over $1 billion
Nano's production though continues unhindered despite mounting losses
Shareholders feel Cyrus Mistry is slowly slipping into Ratan Tata's shoes
There will be three-tiered security arrangements in view of PM's visit.
Tata Sons, holding company for the Tata group, is working on building a centralised rural business platform that could be leveraged for the entire group's benefit, instead of each company looking at it separately.
Former Tata group strategist and member of the now disbanded Group Executive Council, Nirmalya Kumar has said he was fired from his position for "working intensely and extensively" with ousted Tata Sons Chairman Cyrus Mistry.
The company's Indian operation, a joint venture with Tata Global Beverages, has got a new CEO.
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
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.
The Tata Sons controversy has raised governance concerns. Arun Duggal and Mohandas Pai on the role of independent directors in such conflict situations.
Aviation regulator DGCA has suspended two pilots of Tata Group's Taj Air, a non-scheduled airline that flies Chairman Emeritus Ratan Tata and Chairman Cyrus Mistry among others, for allegedly falsifying medical records.
Pakistani Prime Minister Nawaz Sharif has cancelled his visit to WEF annual meeting after a deadly Taliban attack in his country.
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The Tata Group says it is bullish on investment in India.
Cook is scheduled to meet top honchos of India Inc later during the day
Among the businesses that need consolidation are retail and defence
Indian writer Anuradha Roy on Saturday won the prestigious $50,000 (Rs 33.89 lakh) DSC Prize for South Asian Literature for her novel Sleeping on Jupiter at the Galle Literary Festival in Sri Lanka.
Prime Minister Narendra Modi on Saturday visited a Tata Motors-owned Jaguar Land Rover factory in the West Midlands region of England that is known as the flagship Indian investment in the UK.
There were certainly qualities adhering to the Tata Group, which emanated from the persona of Ratan Tata. Most notable of these would be the low profile he maintained, which sharply contrasted the in-your-face celebrity status, celebration of wealth and pursuit of importance many of liberalised India's rich, love, notes Shyam G Menon.
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.
John Elliott, the author of Implosion: India's Tryst with Reality, on his Riding the Elephant blog, says the sacking of Cyrus Mistry as chairman of Tata and Sons was in line with Ratan Tata's personal style of dealing with executives
On the telecom sector, he demanded auctioning of more spectrum.
Unlike Ratan Tata's philosophy, Mistry cared about short-term gains. This is a Diwali gift for many
The world is full of family businesses that withered away with the passing of generations, creating much bitterness and ill will. Entire clans that used to be household names have become pale shadows of their once-mighty empires.
Ratan Tata was the first one to realise that Indian companies had become a prisoner to tradition and needed to radically innovate.
Broader market underperformed the headline indices
The protesters staged a sit-in at the main entrance of Bombay House.
His resignation as chairman of the government's skill development agencies triggered talk that he may be headed back to the Tata Group where a search committee is looking for a full-time chairman.
There was virtually no incremental equity investment by Tata Sons during Mistry's first two years
Modi has often been accused of promoting crony capitalism in Gujarat for his proximity to certain businesses.
Provisioning for bad investments, finance costs shoot up in FY14.
Prime Minister Narendra Modi is likely to urge Tim Cook to begin manufacturing its prized iPhones in India.
Mukesh Ambani has reclaimed the top position on the 2023 Forbes list of India's 100 Richest with a net worth of $92 billion. The fortune of infrastructure magnate Gautam Adani, who rose meteorically to overtake Ambani as India's richest person for the first time last year, has slipped to the second position. Adani's net worth, which includes that of his family, fell by a whopping $82 billion to $68 billion, after a report by US short-seller Hindenburg Research in January sent his group's shares tumbling.
What would happen to the ownership after Ratan Tata? The succession plan for the 263,862 Tata Sons promoter shares owned by seven Tata Trusts and other holdings of Tata brothers? Would a younger family member inherit?
Delaying action on climate change will hurt growth: Global CEOs.
Top ten billionaires in India.
Vistara's growth and future funding requirement would hinge on how soon the government changes these rules.
Tata Group shares were among the top losers while Adani Ports emerged as the top gainer
Taking a cue from neighbouring Gujarat and its successful Vibrant Gujarat summit, Maharashtra has organised a conclave -Transforming MMR into a Global Financial, Commercial and Entertainment Hub - on February 6.
Trade and economic issues, including visa, totalisation pact and impediments hampering investments, are likely to figure at Monday's US-India CEO Forum meeting, which will be jointly addressed by visiting US President Barack Obama and Prime Minister Narendra Modi.
Top leaders from India Inc may be busy throughout the year, but they too have a very strong social life beyond work.
