This comes in the wake of allegations of financial irregularities by the erstwhile management led by Harish Moolchandani.
'The Tata group will need for its new leader to show the same foresight and willingness to go against conventional wisdom at times to keep the group's aspirations high and uphold the values of innovation, ethics, corporate responsibility, trust and leadership that are frequently associated with the Tata name.'
On a day Narendra Modi attacked the United Progressive Alliance government for its "mis-governance", Congress chief Sonia Gandhi hit back accusing the Bharatiya Janata Party of hatching conspiracies before elections and misleading people in its hunger for power.
Putting up an all-round show, Kolkata Knight Riders consolidated their fourth position in the points table with a comfortable seven-wicket win over Sunrisers Hyderabad in an IPL match in Hyderabad on Sunday.
The 'China model' will command less respect in India, which could help improve policy formulation.
Even if interest rates go down, they may continue to offer better returns than fixed deposits.
With filing possible only online, there is no scope for any error.
To claim that Tamil Nadu was waiting for a messiah of the 'spiritual' Rajini kind is misplaced, if not mischievous, says N Sathiya Moorthy.
Mahendra Singh Dhoni was all praise for young Hardik Pandya, who held his nerve during the last few moments and executed the instructions brilliantly by not bowling a yorker to Shuvagato Hom, which could have turned into a full-toss.
For deals to be investor-friendly in India, review of merger and acquisition law is a prerequisite.
Banks cannot shirk their responsibility in cases of frauds.
The fact remains that in the present-day Tamil Nadu, GenX and GenY voters, born and/or growing up after the end of 'Kamaraj rule' in the '60s and 'MGR rule', respectively, constitute an absolute majority of the electorate. If they still vote for a Rajini or Kamal, in preference to the established 'Dravidian voters', it is despite the MGR imagery, not because of it, says N Sathiya Moorthy.
New Zealand's power-hitter Corey Anderson conjured up an astonishing 95-run knock under tremendous pressure to single-handedly power Mumbai Indians to the IPL play-offs.
In a bear market, prices may be irrationally depressed. In that case, an investor can identify mis-pricing, invest with a safety margin and wait. Since values are low, the risk is also low.
The crisis in Indian banking has now reached a point where the NPAs of many public-sector banks are higher than their net worth
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It would be fair to say that markets are coming to the end of a down-cycle and are at the cusp of the next up-cycle.
'If you want to live a happy life, you have to help the downtrodden. You have to understand that you have been given a position which is a confluence of your own capability and the grace of God. You must use that position to exemplify to others what has to be followed.'
Amit Bansal discusses the emerging trends in the engineering sector.
Ishant Sharma claimed five wickets as India bowled out Sri Lanka for 201 to claim a healthy 111-run first innings lead, on Day 3 of the third and final Test in Colombo, on Sunday.
Amid concerns of bullion trade being used for routing of black money, Switzerland's gold exports to India have risen further and is fast approaching Rs 1-trillion mark for the entire 2014.
The powerful United Nations Security Council on Monday unanimously adopted a resolution that endorses the landmark nuclear deal between Iran and six world powers.
The Insurance penetration in India is very low at 3.9 per cent.
The judiciary has started going beyond the technicalities of the agreements and awarding compensation to buyers.
Photographic summary of the football matches played across Spain, Italy and France
Views differ on the subject of celebrity endorsement.
'The Opposition has no option but to make it an 'All versus One' fight to even think about winning.'
The incidence of corruption cases can be checked to a large extent if the suggestions already available with RBI and the government are taken seriously, says Shyamal Majumdar.
The Central Electricity Regulatory Commission (CERC) has said the first 660-Mw unit of Reliance Power's 3,960-Mw Sasan ultra mega power project (UMPP) could not achieve its "full load" in March 2013 and rejected the company's plea to appoint an independent technical committee to look into the readiness of that unit.
Vinay Sahasrabuddhe explains BJP's strategy.
Any insurance policy cannot be treated as a 'buy and hold' strategy like one may want to do with their investments.
Rohit Sharma's blistering century went in vain as South Africa began their long tour of India on a winning note by scripting a thrilling seven-wicket victory in the first Twenty20 International match in Dharamsala.
The abolition of wealth tax is again a welcome step.
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The market regulator is wielding an unprecedented level of control over how mutual funds operate, delaying new launches and dictating investment strategy, frustrated insiders in the embattled industry say.
Two goals from Thomas Mueller and one from substitute Mario Goetze helped Bayern Munich kick off their Champions League campaign with an impressive 3-0 victory over Olympiakos.
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Indian households put bulk of savings in bank deposits and insurance; the returns are minimal. If you're part of this, change.
Jose Mourinho maintained his hold over Arsene Wenger with leaders Chelsea enjoying a routine 2-0 win over Arsenal on Sunday after the two old adversaries became involved in an ugly touchline spat.
Merseyside Police is reportedly investigating racist abuse received by Liverpool striker Mario Balotelli on Twitter after he tweeted 'Man Utd...LOL' after the crushing 5-3 defeat met by Manchester United at the hands of Leicester on Sunday.
India came up with a clinical all-round display to beat Pakistan by seven wickets in a one-sided opening Super-10 league match of the ICC World Twenty20 in Mirpur on Friday.
Medha is an organisation created with the idea of bringing in better employment opportunities and life for educated youth.
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