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The RBI has accepted the application withdrawal request, according to the statement.
Cyrus Pallonji Mistry, 43, currently the Deputy Chairman of Tata Sons has been a director of Tata Sons since 2006.
We have to move from E-governance to M-governance. M-governance does not mean Modi governance. It means Mobile governance, the PM said.
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.
PM promised a tax regime that is predictable and competitive
Batting for greater transparency, a Sebi panel said sound corporate governance helped companies generate "significantly greater returns".
Let's take a look at 30 companies named after people.
In the last couple of months, the Prime Minister has visited Japan and the US and launched the Make in India campaign to lure foreign investments into manufacturing sector.
Tatas plan to revive, not sell the Port Talbot steel plant. The investment could be as much as $500 million.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
Only 10,059 tourists have visited the state this month compared to around 90,000 in July
The objective of the council is to provide strategic and operational support to the group chairman.
Faced with steep fall in sales of Nano, Tata Motors said it will reposition the budget car as `a smart city car' with added features such as power steering, apart from introducing a CNG version.
Infosys needs to be more innovative and disruptive with its product and services, keeping its focus on growth.
Age and experience not less relevant but firms are gradually moving towards younger leadership teams
The meeting will focus on how to make the crisis an opportunity for India.
Mukesh Ambani said the Digital India initiative has the potential to transform the lives of 1.2 billion Indians using the power of digital technology.
Ambani brothers on Wednesday showered lavish praises on Prime Minister Narendra Modi saying, India has now got a decisive and visionary leader.
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.
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
'The competition between the two is definitely going to be of great interest to the Indian market.'
India Inc is either shutting loss making businesses or is hiving off allied verticals to enhance revenues.
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 Confederation of Indian Industry will organise a round table on investment.
Prime Minister Narendra Modi said India and the United Kingdom are economically made for each other.
There is no word yet on the progress of rescue operations for the accommodation barge SS-3 and the Sagar Bhushan oil rig.
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
A consummate deal-maker, the former Aircel boss raked in the moolah in many, but lost a packet in several others.
India's leading businessmen attended the grand banquet organised to honour US President Barack Obama at the Rashtrapati Bhavan.
Jeff Bezos of Amazon tops the list for the second consecutive year with networth of $147 billion.
'Today, according to the law, you can't even claim legal expenses when fighting a case as a non-executive director unless you are acquitted. Given how high legal expenses are, that alone is enough to scare anyone away.'
Broader markets underperformed the benchmark indices with BSE Midcap and Smallcap indces slipping 0.8%-1.1%
In the domestic market, the Tata Group has lost ground in the passenger car business.
Indian-American business leaders meet to discuss ways to make this initiative a success.
The nomination of cluster heads for defence, infrastructure and finance business is awaited.
The 112-year old hotel chain has readied a three-pronged turnaround plan
The $100 billion Tata group conglomerate is a major beneficiary of the decision to open up aviation in India.
The $12.1 billion Corus acquisition-the biggest global acquisition made by an Indian company-ended up as a millstone around Tata Steel's neck, points out Indrajit Gupta.
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Arvind Kumar Sharma, a 1988-batch IAS officer and one of the many joint secretaries in PMO, definitely wields some power.
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.
