The Supreme Court has dismissed a petition filed by New India Assurance to evict Nusli Wadia, chairman of the Rs 1,000-crore Bombay Dyeing Group, from his Malabar Hills flat in Mumbai, rented to him since 1972.
Ness gets Bombay Burmah, Bombay Dyeing goes to Jeh.
In this interview -- his first in over three years -- Wadia also talks about the road ahead for his group.
In a new twist to Preity Zinta-Ness Wadia episode, the Wadia group has filed a police complaint claiming they received threatening calls and a text message from an underworld don warning that their "business will be in trouble" if the actress was harassed.
Which were India's first companies that still exist today? Many trace their origins to over a century back. These venerable organisations are business entities. But they chronicle the beginnings of Corporate India.
A division bench of Justices Ranjit More and Bharati Dangre on Monday quashed and set aside the proceedings.
The Mumbai police have provided security at the office of industrialist Nusli Wadia following threat calls from fugitive underworld don Ravi Pujari, police said on Thursday.
The growing mismatch between Go First's losses and other group companies' profits was making it tough for the group to fund the losses of the airline venture.
Dina Wadia, Jinnah's only daughter and Nusli Wadia's late mother, moved the high court in 2007 to regain control of the estate.
Bombay Burmah sees quick divestments, eyes buyouts.
India produced 97 million tonnes of dairy products in the year to March 2006 and Danone seeks an increased market share, especially in the speciality product portfolio.
Most group firm MDs will report to Nusli Wadia's younger son.
Business tycoon Nusli Wadia has dragged G L Raheja and kin, Sandeep G Raheja and Sonali G Raheja, and Ferrani Hotels belonging to the GL Raheja Group to the Bombay high court. The dispute is about violating the agreement between Wadia and the Rahejas on developing nearly 478 acres in Malad in the western suburb of Mumbai.
He is nominated to the investment, innovation and audit committees.
Wadia group-owned no-frills airline GoAir on Monday announced that its managing director Jeh Wadia has stepped down from the position. The airline, however, said that Wadia will continue as a promoter. It also announced the appointment of aviation industry veteran Ben Baldanza as vice chairman at the carrier. Baldanza has been an advisor to the company since 2018 and director since 2019.
In a breather to the Mumbai-based realty developer G L Raheja group in its long-drawn legal battle with Wadia Group Chairman Nusli Wadia over a 478-acre prime plot in Malad, Mumbai, the Bombay High Court on Thursday allowed an appeal filed by a Raheja unit against an earlier order, which was in favour of Wadia.
Wadia had filed a writ petition in the Bombay high court seeking a declaration that the possession of the property, Jinnah House, by the Indian government was illegal and prayed for restoration of the same to the petitioner.
Even as the textile-to-airline Wadia group and French dairy major Groupe Danone try to settle their differences on joint venture agreements, the legal battle between them in the Avesthagen case shows no signs of abating.
Expelled Bharatiya Janata Party leader Jaswant Singh on Monday came under fresh attack by the right-wing, when an article in the Rashtriya Swayamsevak Sangh mouthpiece accused him of conniving with Pakistan founder Mohammad Ali Jinnah's grandson Nusli Wadia, to help the latter get possession of a prime property in Mumbai.
The airports have been on alert since the first week of this month following a threat report about a possible hijack by some Kashmiri militant outfits.
Wadia is also reported to have said he was not detained.
Mumbai police chargesheets billionaire-builder Chandru Raheja for cheating, breach of trust; Rahejas call it pressure tactic, say Wadia plea was thrown out by Supreme Court
Early on March 26, 2024, the Francis Scott Key Bridge in Baltimore, Maryland, in the United States collapsed after it was struck by a container ship, the Dali.
According to Wadia, the (then) State of Bombay took over the property, because Jinnah's sister Fatima was the trustee of Jinnah's will, and had been declared an evacuee (those who migrated to Pakistan post-partition) in 1949.
Dispute over competing investments may carry on.
In talks with Starwood and Peninsula Hotels.
The fiercest corporate battles in India probably have been fought by the Ambanis. Dhirubhai Ambani, the founder of Reliance Industries, first locked horns with Bombay Dyeing's Nusli Wadia over polyester. Then, there was a corporate battle with Larsen & Toubro.
'And he was really trying just to do the best by the shareholders, and by the laws of India.'
Many argue that the airline could achieve its full potential if Nusli Wadia were to run it the way he does Britannia.
The Adani family, led by Chairman Gautam Adani, is the most valued first-generation family business at Rs 15.44 trillion.
Has liberalisation squeezed the personality out of India Inc's leaders?
It will take legal action against French food giant Group Danone, for nauthorised use of the Tiger biscuit brand in other countries.
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