First time in 13 years the company has declined payment of dividend.
The company is banking on investments lined up for product development and other innovations.
To deliver on strategy that late Slym was executing.
US Secretary of State Hillary Clinton applauded Shaheen Mistri, founder, Akanksha and Teach for India, for her efforts to educate the less privileged children of the slums of Mumbai.
On Tata's retirement in December, 2012, Mistry will take the charge of IHCL.
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.
A non-executive director typically does not engage in the day-to-day management of the organisation
Though Mistry does not make it to the club of the top 10 highest paid India Inc leaders, he will be among the next 10.
The slowdown heat has been felt the most in steel, commercial vehicles and hotels
Other legal options include approaching the NCLT alleging mismanagement and oppression of minority shareholder
Tata Group overall commands market capitalisation of over $125 billion
It has turned around its domestic operations under the HorizoNext strategy
TCS still ace in the pack
Rahul Gandhi's sister may finally break her self-imposed ban on political life, reports Sheela Bhatt.
Clark's predecessor Sajid Javid had pledged to help Tata Steel UK with a proposed package of measures and new British PM Theresa May is reportedly supportive of the plan
Tata Motors' passenger vehicle sales stood at 229,325 units in the last financial year, registering a market share of just 8.9 per cent.
The Board has decided to confer on Ratan Tata the honorary title of Chairman Emeritus.
Like JRD Tata, Mistry also loves Cantonese-style Chinese takeaway from Colaba's cult restaurant Ling's Pavilion.
Experts say the impact is limited to investors and potential employees and may ease out in the next few months
Tata spoke about his 50 years with the group, 21 as its chairman, the highs and lows of his tenure, his equation with Mistry and his post-retirement plans during an expansive interview to PTI in his office at 'Bombay House', the group headquarters.
R Venkataramanan, the managing trustee of the Sir Dorabji Tata Trust who is responsible for all Tata-run trusts, prefers to keep a low profile but has emerged as a power centre in the group - with more clout than many established CEOs, says Dev Chatterjee.
The company said, due internal processes as applicable for sanctions of loans of such nature and value were followed
The matter related to supply of low floor buses by Tata Motors to Government of Tamil Nadu.
Does India's most valued company give hope to its investors that they, too, might drive a Jaguar some day?
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
Ratan Tata, the outgoing chairman of over $80-billion Tat Group, on Thursday introduced his successor Cyrus P Mistry to Gujarat Chief Minister Narendra Modi during a courtesy visit to his residence in Gandhinagar, a top state official said.
Amit Mistry, an alumnus of Rice University, has been selected as the Materials Research Society/Optical Society of America Congressional Science and Engineering Fellow for 2008-2009.
Group firms working on sound footing
While understanding the challenges of the group, the Tata Sons chairman has taken quite a few tough decisions in his first year in office.
In instructions for polling issued on Saturday, Congress central election authority chairman Madhusudan Mistry had said Pradesh Congress Committee members 'will mark '1' on the ballot paper against the name of the candidate and fold the ballot paper to put it into the ballot box'.
Mistry said the poll body satisfied the candidate on every complaint but despite that he raised all those points in the media before bringing them to "our notice".
Mukesh Ambani, the patriarch of Reliance Industries (RIL), and Gautam Adani, the chairman of Adani Group of companies, have secured the top positions on the Fortune India Rich List, created in partnership with Waterfield Advisors, with respective wealth of $99.7 billion and $63.71 billion. With a wealth of $34.6 billion, the Mistry family of Shapoorji Pallonji Group holds the third position on the list, while the Poonawalla family, owners of vaccine maker Serum Institute, with a wealth of $32.9 billion, stands fourth. Stockbroker and founder of D-Mart-branded grocery stores, Radhakishan Damani, claims the fifth spot on the India Rich List with a wealth of $23.4 billion
He is focussing on tightening the belt of the conglomerate left bloated by explosive growth under his predecessor.
Dividend pay-out by the group companies grew at a compounded annual rate of 15.7% under Cyrus, sharply up from 2.5% in the previous three years
Nomination forms for the post of Congress president poll have been collected by Thiruvananthapuram MP Shashi Tharoor and All India Congress Committee (AICC) treasurer Pawan Bansal, but Rajasthan Chief Minister Ashok Gehlot has not done so yet, the party's central election authority chairman Madhusudan Mistry said on Tuesday.
Cyrus Mistry undertook quite a few significant initiatives at the Tata Group in the past two years.
Mistry is halfway through in building Tata group's Gen Next.
Reticent author Cyrus Mistry on Saturday beat off stiff competition from five other writers to become the fourth winner of the $50,000 DSC prize for South Asian literature for his book "Chronicles of a Corpse Bearer".
The last electoral contest for the top post of the party took place in 2000 when Jitendra Prasada had suffered a crushing defeat at the hands of Sonia Gandhi.
Amid suspense over who could take on Shashi Tharoor in the Congress president polls, party's central election authority chairman Madhusudan Mistry on Tuesday said AICC treasurer Pawan Kumar Bansal has got nomination forms collected, adding that it may be for someone else.
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