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 Cyrus Mistry camp is confident that independent directors will take their cue from their counterparts in Indian Hotels.
However, Gehlot, said he will make one last-ditch effort to convince Rahul to take up the party president's post.
Are Emraan Hashmi's thrillers popular?
Unidentified gunmen have shot dead a 'businessman' in Karachi who Indian intelligence officials said was Jaish-e-Mohammed terrorist Mistry Zahoor Ibrahim, involved in the 1999 hijacking of Indian Airlines plane IC-814 and fatal stabbing of passenger Rupin Katyal.
Unidentified gunmen have shot dead a 'businessman' in Karachi who Indian intelligence officials said was Jaish-e-Mohammed terrorist Mistry Zahoor Ibrahim, involved in the 1999 hijacking of Indian Airlines plane IC-814 and fatal stabbing of passenger Rupin Katyal.
'I think Ratan felt he had to do everything that he could to retain control of the company started by his forefathers, because that was the first priority and nothing else mattered compared to that.'
Cyrus Mistry in his second appearance as chairman of Tata Motors tried to reassure shareholders that steps were being taken to regain market share in both cars and trucks.
Ahead of the board meeting that afternoon, in fact only minutes before that, then chairman Cyrus Mistry was given an opportunity to step down, it is learnt. But, Mistry declined
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
The Securities and Exchange Board of India (Sebi) has mulled introduction of confidential initial public offering (IPO) filings and "pre-filing" of offer documents, a move aimed at giving issuers flexibility and alleviating concerns around privacy. Industry players said the concept, if implemented, would give a fillip to the domestic capital markets, ease the process and encourage more companies to go public. To be sure, the proposals are still at a discussion stage with Sebi just floating a consultation paper seeking public feedback.
Refusing to be drawn into a point by point clarification of Mistry's letter, the company said: "It will be beneath the dignity of Tata Sons to engage in a public spat with regard to the several unfounded allegations appearing in his leaked confidential statement."
They had to finalise Ratan Tata's successor by the year end and they had already cast their net wide.
One is hopeful that if he becomes CM, Mr Thackeray will not be as trigger happy in calling for bans or encouraging outrage, says Uttaran Das Gupta.
Cyrus Mistry, who was replaced as chairman of Tata Sons last Monday, October 24, still serves as the chairman of Tata Steel, Tata Motors, Tata Consultancy Services, Indian Hotels, Tata Global Beverages, Tata Chemicals, Tata Industries and Tata Teleservices.
Every move that strengthens Cyrus Mistry's position in companies like Indian Hotels could prolong the uncertainty.
Talks of a merger between HDFC Bank and parent HDFC Ltd had gained steam nearly eight years ago, when the Reserve Bank of India allowed banks to issue long-term bonds to fund infrastructure and affordable housing. At that time, key executives at both entities denied any such proposal. And today, the merger has been officially announced by the two players.
The country's largest housing finance company HDFC Ltd will merge with the country's largest private sector lender HDFC Bank, according to a regulatory filing. The scheme of amalgamation will be subject to various regulatory approvals, including from the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (Sebi), HDFC Bank said in the filing on Monday.
Half a dozen names are doing the rounds as replacement for Cyrus Mistry as the chairman of the Tata Group.
A strong performance by sectors including banking raised the profits of Indian companies by 28 per cent in the three months ended March 2022. The rate of growth is, however, lower than the 30 per cent seen in December. Growth in net sales was also lower than what was seen in the December quarter for the sample under consideration.
'If the Congress gets to form the government in 2024, then Sonia Gandhi by virtue of being CPP chairperson will have the authority to decide who will be the prime minister and not Kharge.'
Will he, will he not? That is the question on every Congress leader's mind as Rahul Gandhi has still not indicated whether he is ready to take on the mantle of party president.
Congress presidential candidate Shashi Tharoor on Tuesday claimed many electors have been instructed by 'their leaders' to support his rival but they may eventually vote for him in a secret ballot.
While study was done before the current boardroom battle began, the findings indicate Tata is no longer viewed as aspirational brand by working professionals.
By filing his nomination as Congress president on Friday, Shashi Tharoor has shown he is no 'quockerwodger' -- a word he introduced into our lexicon which means someone acting on the instructions of an influential third party.
'In some quarters it has been suggested that there will be an 'official candidate' backed by the leadership but on the contrary, it has been repeatedly stressed by Congress president Sonia Gandhi, Rahul Gandhi and Priyanka Gandhi Vadra in my conversations with them over the last two weeks that the Nehru-Gandhi family welcomes these elections'
New members have to give a declaration that they will not own any property in excess of ceiling laws and will undertake tasks including "manual labour" prescribed by the party.
'Gehlot is right now doing things, which are not appreciated by the Gandhis.' 'The Gandhis have realised that their writ does not run in Rajasthan, therefore they have deflected the issue to Kharge.'
"After sinking in Rs 6,000-7,000 crore in the Nano till date, what is the result?"
'The Bharat Jodo Yatra has done very well in the south, and if they are able to pull voters in the south and rely on their allies in the north like in Bihar, UP and do well in Rajasthan, then there are chances that there might be a formidable opposition or at least a force to fight the BJP.'
Pallon has already joined the boards of some of the unlisted companies such as Afcons
Budding cricketers are not the only ones getting inspired by Mahendra Singh Dhoni's iconic helicopter shot as it has now become the inspiration for artisanal chocolates launched on Tuesday by food and beverage start-up 7InkBrews, where the former India captain is also a shareholder.
Shergill, who became the first woman officer as Parade Adjutant on Army Day Parade earlier this month, led the Corps which has the motto "Teevra Chaukas", meaning swift and alert.
The family members of the deceased filed an FIR against the station in-charge and other police personnel for beating Kamal to death.
There was virtually no incremental equity investment by Tata Sons during Mistry's first two years
The company is in a financial storm, as its biggest investment, on the 4,000 Mw Mundra Ultra Mega Power Project (UMPP) didn't go according to the script.
Unlike Ratan Tata's philosophy, Mistry cared about short-term gains. This is a Diwali gift for many
Narendra Modi's mother washed utensils to make a living. Madhusudan Mistry's grandmother, who brought him up, was a vegetable vendor. Mistry's trajectory from poverty to membership of the all powerful Congress Working Committee is moving. the man who has Rahul Gandhi's ear and is all set to take on Narendra Modi in Vadodara, speaks to Rediff.com's Sheela Bhatt in a fascinating interview.
Small- and mid-size companies where Cyrus was the chairman did better on bourses than large Tata group companies
A division bench of Justices Ranjit More and Bharati Dangre on Monday quashed and set aside the proceedings.
