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.
They had to finalise Ratan Tata's successor by the year end and they had already cast their net wide.
Half a dozen names are doing the rounds as replacement for Cyrus Mistry as the chairman of the Tata Group.
While study was done before the current boardroom battle began, the findings indicate Tata is no longer viewed as aspirational brand by working professionals.
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.
"After sinking in Rs 6,000-7,000 crore in the Nano till date, what is the result?"
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.
Pallon has already joined the boards of some of the unlisted companies such as Afcons
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
A division bench of Justices Ranjit More and Bharati Dangre on Monday quashed and set aside the proceedings.
Unlike Ratan Tata's philosophy, Mistry cared about short-term gains. This is a Diwali gift for many
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.
Pakistan had submitted the names of Angara Appaji and Gobinda Patnaik for designation under the 1267 Al Qaeda Sanctions Committee of the UN Security Council.
Small- and mid-size companies where Cyrus was the chairman did better on bourses than large Tata group companies
Tatas' best bet would be to find an insider who understands the systems, say headhunters
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.
The Congress party is thinking of ways to counter the BJP in Lok Sabha constituencies is it unlikely to win, reports Renu Mittal.
On Friday, shares of Tata Motors rose by 2.68 per cent and Tata Steel went up by 1.85 per cent on the Bombay Stock Exchange.
CNBC-TV18 News reports that it has been able to confirm that the insurance giant is firmly backing Tata Sons. There is thus no possibility that the insurer will exit the group.
Housing Development Finance Corp (HDFC) chairman Deepak Parekh on Tuesday said that while the country's macroeconomic fundamentals remain strong and the recovery is in progress, the unpredictability of coronavirus will remain a key challenge. Owing to the second wave, the Indian economy is likely to mirror a similar trend seen in FY21, where the first half of the financial year is weaker and the second half is significantly stronger, he said. "I remain confident that India's macroeconomic fundamentals are strong. Recovery is underway," Parekh said while addressing the 44th annual general meeting of HDFC Ltd. He said, the country's forex reserves and foreign direct investment inflows have scaled record highs, the capital markets are also buoyant and agriculture growth is expected to remain strong with food grain production estimated at over 305 million tonnes.
Sixteen companies in the group registered a turnover of over $500 million, with ten of these registering a turnover of over $1 billion
Two successive reports, one by Percy Mistry in 2007 and the other by Raghuram Rajan in 2008 had provided the RBI and the finance ministry with blueprints of what to do next. Both reports, unfortunately, was put on ice. The global meltdown saved the RBI. It also saved the finance ministry from having to work on the two reports.
In absence of hard facts, the group risks losing public trust, says the firm, which has investment from the Tatas
Tata Consultancy Services, the $73 billion IT group, is India's biggest company by market value and four times the size of any other listed Tata entity
'Tata may have sensed that the suddenness of the decision to replace Mistry would become controversial and it was proper to keep the prime minister informed of the decision,' says A K Bhattacharya.
'A brief statement was made by the Army on the sensitive issue. But no questions were taken,' a member said.
Shareholders feel Cyrus Mistry is slowly slipping into Ratan Tata's shoes
There's a quiet before the storm within the ruling party. Illustration: Uttam Ghosh/Rediff.com.
Shareholders want to know what plans does company have to address the issue
The attack followed a scuffle as the ousted chairman Cyrus Mistry arrived to chair the board meeting of Indian Hotels
Noel, Ratan Tata's half-brother and Mistry's brother-in-law, was a contender for the top position when Mistry was chosen as chairman in 2011.
Popular Bollywood choreographer Shiamak Davar has been accused of sexually assault by two of his former students.
Tata had led the salt-to-software conglomerate for 21 years after being chosen successor by his uncle, the iconic JRD Tata, in 1991.
'How can so many misfortunes fall on one beautiful family?'
Mistry said he hoped the company would soon take a decision on appointing a woman as director on the board.
The Congress vice president Rahul Gandhi's key confidants -- general secretaries Madhusudan Mistry, P C Joshi and Mohan Prakash -- were clearly among the most notable absentees. Rediff.com contributor Anita Katyal reports
Percy Mistry says things at market regulator Sebi are also in bad shape.
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