The NCLAT, in its December 18, 2019 order, had restrained the company, its board of directors and shareholders from exercising the power under the article against minority members except in exceptional circumstances and in the interest of company. A bench headed by Chief Justice S A Bobde dealt with this issue in its 282-page verdict which set aside the NCLAT's order that had restored Cyrus Mistry as the executive chairman of the USD 100 billion salt-to-software conglomerate.
The Tata trusts can nominate one-third of the directors of Tata Sons
Ratan Tata, an iconic corporate leader, retired as chairman of Tata Group after a 50-year run on Friday but kept away from office on his last day at the helm of one of country's oldest business empires. Tata, who turned 75 today, is in Pune for his birthday.
'High-value homes are designed and built on slum lands and slums are given residue. They do not have access to free air and live in close proximity of others.'
The Nano might have put a smile on millions of faces across the nation, but the traffic police in Bangalore is definitely not amused.
China's assisting and arming Pakistan has made "it a second class enemy", but its economic strength overpowering India is not a real concern, according to Tata Group Chairman Ratan Tata.
Gautam Doshi, Surendra Pipara and Hari Nair, senior executives of the Reliance ADA Group who were granted bail on Wednesday by the Supreme Court in the 2G spectrum scam case, will provide major relief to their high-profile boss Anil Ambani.
While Tata Sons' Chairman Emeritus Ratan Tata has made an investment in e-commerce company Snapdeal, he is not involved in its functioning.
The Tata Group is likely to sign a final agreement with Bangladesh's state-run Board of Investment for its proposed two billion dollar investment in the country soon, a media report said on Monday.
In the largest gift from an international donor in Harvard Business School's 102-year-old history, Ratan Tata, chairman of the Tata Group, announced a $50 million gift to fund a new academic and residential building on the HBS campus in Boston.
Rahul Gandhi arrives in Kashmir Valley on Thursday on a two-day visit, bringing along a strong business delegation that will include Ratan Tata and Kumar Manglam Birla, to a state seeking more investments.
Seeking to address the issue of challenges to inclusive growth in emerging economies, Tata Group chairman Ratan Tata on Wednesday said that at the Bottom of the Pyramid (BOP) people still do not have access to products and services, as they are still slightly beyond their reach.
The Jain brothers' $300 mn-worth Girnar Software has really humble roots.
The growing decline of MTech applicants in Indian colleges is due to multiple factors, including outdated curricula, poor return on investment and lucrative non-engineering alternatives, say experts.
"It is a rubbish petition. If I find that we you (petitioner) have tried to interfere with the investigation then you may be in bigger trouble," Justice Ajit Bharihoke said.
Vendors are ready to pull out of Singur and follow Tata Motors, said some of them, a day after Ratan Tata threatened to do so.
'I wanted my life back. I want to enjoy the things that I wanted to do.'
Tata group Chairman Ratan Tata has written a letter to Chief Minister Y S Rajasekhara Reddy indicating that Tata Advance Systems was keen to invest in the hub in the proposed Special Economic Zone in Adibhatla village, on the outskirts of the state capital.
The Tata group's investments in setting up a global institute like the cancer hospital and the Tata Motors project would be the forums for other investments in the state, said Tata.
Tata Sons Chairman Ratan Tata will inaugurate a two-day national summit on Corporate Social Responsibility in Chennai beginning from June 14.
Tata Motors said on Friday it will launch Rs 100,000-car in early 2008, as the company had completed its styling and designing and tested the prototypes within the plant.
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.
Chairman Emeritus of Tata Sons Ratan Tata termed Prime Minister Narendra Modi as a 'doer' and said he should be given more time.
Tatas' best bet would be to find an insider who understands the systems, say headhunters
The Calcutta high court has dismissed all the petitions challenging the acquisition of land at Singur for the Tata Motors small car plant.
This is largely on the back of Tata Steel's expansion at Kalinganagar, as well as JLR's in China and Brazil
Meet Arunkumar Ramanlal Gandhi. The head of the M&A activities in the Tata Group, who called up Tata to convey Tata Steel's victory.
With Tata Motors about to unveil a low-cost, very small car, automakers from Europe and the U.S. are poised to jump into the market
The board of Tata Steel, which will enter an open bidding war with Brazil's CSN for Corus on Tuesday, met in Mumbai presumably to discuss the strategy for the auction and also consider the quarterly results.
Business Standard got in touch with CEOs and corporate promoters around the countr. Is India Inc shocked? Surprised at the tone and tenor of the letters? Most shied away from a comment, some were diplomatic and only a few were ready for plainspeak.
Even as the Tatas face problems in acquisition of land for a car manufacturing plant at Singur in West Bengal, the Orissa government has asked the group to consider setting up an automobile plant in the state.
Thanks to its acquisition of the Corus group, Tata Steel has made it to the Fortune 500 list even as India's largest corporate Reliance Industries climbed 63 places up to 206th rank. Companies qualify to the list on the basis of their revenues.
The new small car would be launched in the first half of 2008.
Speaking to MPs from the West Midlands in the House of Commons during his recent visit, Tata said jobs at the research centres at Whitley and Gaydon were secure at least until 2012. A fresh business plan is expected to be drawn up for the company in 2012. Coventry South MP Jim Cunningham told reporters after the meeting that Tata indicated the possibility of employing more workers at the two centres.
Enthused with the wealth of human capital in Jammu and Kashmir, Congress General Secretary Rahul Gandhi on Friday pledged to do his bit in building a long-term relationship with the youth of the state and fulfil their aspirations.
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