Sagoo was the lone candidate left in fray after incumbent senior vice president Anju Bobby George opted out of the race for the position.
Will it be Noel Tata, Ratan Tata's half brother?
Ratan Tata-led interim management of Tata Sons is seeking to oust Mistry from his positions in the operating group firms, including IHCL and Tata Motors
Tata Sons on Friday announced organisational changes, bringing in S Padmanabhan as the group human resources head.
Mistry exhorted the employees to carry forward the legacy of the group's founder Jamsetji Tata.
Experts view this as a case of "failed experiment" in succession
Shapoorji and Pallonji Group to contest Cyrus Mistry's ouster from Tata Sons
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
The Tatas don't want any court to pass any ex-parte orders without hearing their side of the story
As a step to protect its interest as a lender, SBI will look at the financial stability and corporate governance practices in companies where it has exposure.
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.
At 4.16 mn shares, chairman-in-waiting holds 0.21% in group's cash cow
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
Mistry calls sacking illegal, says wasn't given any freedom
Noel Tata -- the half-brother of late Rata Tata -- who takes over as chairman of Tata Trusts, has been with the Tata Group for over four decades, slowly rising through the ranks in the salt-to-software conglomerate. Having functioned mostly under the shadows of his illustrious half-brother, Noel (67) will now have the responsibility of leading the Tata Trusts -- broadly comprising Sir Ratan Tata Trust & Allied Trusts, and Sir Dorabji Tata Trust & Allied Trusts -- that hold a controlling 66 per cent stake in Tata Sons, the holding and promoter firm of Tata Group companies.
The price movement and trading volumes for few days prior to Mistry's ouster will also be looked into
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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."
Tata Motors Chairman Cyrus Mistry said the company was poised for an 'inflection', even as it revamped its entire product portfolio.
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
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.
Experts explain the distinction between the rights of small and minority shareholders in public-listed and private companies.
It is believed that Tata Sons was unhappy with Mistry's approach of shedding non-profit businesses, including the conglomerate's steel business in Europe, and concentrating only on cash cows
Tata Group is the country's most valuable group and has an estimated 4.1 million shareholders across its various listed companies
Hussain shall hold office as the chairman of the company until a new chairman is appointed in his place
Pallonji Mistry, an Indian origin business magnate, has topped Ireland's rich list with a worth of 3.9 billion pounds.
During Emergency Indira Gandhi acquired absolute power. Lakhs of political opponents, students, activists were arrested.
'I am determined now to celebrate all festivals together.' 'People don't respond much when you try to convince them by talking about principles of secularism etc. But if we revive our shared cultural practices, specially food, we may get a better response.'
Cyrus Mistry, who takes over captaincy of the Tata group this Friday, doesn't have to worry about the wicket. With a team comprising some of India's best corporate leaders - all carefully handpicked by his predecessor - Mistry can surely hit the ground running.
Mistry's intention of selling ailing steel maker Corus, Tata's so-called feather in the cap, was one reason for his ouster
Yamini, who is making a comeback on small screen with Bigg Boss, called out Shilpa Shirodkar and Kashish for being fake in the game in her interviews.
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.
The poster war between Congress Vadodara candidate Madhusudan Mistry and the Bharatiya Janata Party refuses to die down as the saffron party has now demanded that the expenses of the exhibits carrying photos of Congress vice president Rahul Gandhi with him should be included in his personal expenditure.
Tata Group expects to do some tightrope walking on legal issues in the days ahead.
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
Here's a look at how key Tata group companies fared under Cyrus Mistry's stewardship.
Robert Con Davis-Undiano, executive director of international magazine World Literature Today, said: "The world will quickly discover the excellence of Rohinton Mistry's luminous fiction that the Neustadt jury acknowledged with this choice. Giving the award to Mistry is inspired."
Ratan Tata was one of the world's most influential industrialists yet he never appeared on any list of billionaires. He controlled over 30 companies that operated in over 100 countries across six continents yet lived an unpretentious life. Ratan Naval Tata, who died at a Mumbai hospital on Wednesday night at the age of 86 years, enjoyed a perhaps unique status -- a corporate titan who was considered a 'secular living saint' with a reputation for decency and integrity.
Mistry took over as head of the $96.79 billion diversified conglomerate in December 2012.
Mistry would be succeeding as the chairman of Tata Group.
