Tata Group shares were among the top losers while Adani Ports emerged as the top gainer
'JRD Tata was a visionary who established civil aviation in India'.
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."
Tata Consultancy Services, India's largest IT company, sold 50 per cent stake in Intelenet Global Services Ltd to Housing Development Finance Corporation Ltd for Rs 161 crore (Rs 1.61 billion).
TCS, which requires more people to handle its growing business, witnessed an 8.7 per cent annual attrition rate at the end of the second quarter.
'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.
Second hand demand entirely for the top-end LX variant
Last year it was the transfer of Nano project and this year it is the scrapping of the IT park. Bengal's pre-Puja economic scene turned gloomy once again this time with the West Bengal government deciding to give up the ambitious information technology township plan at Rajarhat in Greater Kolkata.
We bring you an excerpt from the book 'The Superstar Syndrome' authored by Myra S White and Sanjay Jha.
The authors of Jugaad Innovation on why they think Ratan Tata makes for a great jugaad innovator and how the IITs and universities are encouraging students employ more jugaad to come up with great solutions and jugaad innovators that inspired them.
Industrial output growth rate remained flat in April.
The Taj Mahal Hotel, which completed 100 years of existence on Tuesday, will continue as the symbol of India's hospitality and warmth, Tata Group Chairman Ratan Tata said in Mumbai.
Industry is of the view that rising interest rates is increasing the input cost as loans are getting costlier.
An airline's birth is a result of passion and enterprise, often not without its challenges and ordeals. And, Tata-run airlines are no exception
Despite what the Nano can do to the country's automobile market, its ability to transform Tata Motors' financials will be limited, says Shyamal Majumdar.
Like many other low-unit value, fast-moving consumer goods, the Nano can be expected to alter the dynamics of its market like nothing before.
British Petroleum chairman Sir John Browne is likely to visit India next month to explore oil and gas opportunities in Asia's third largest economy.
The famous prancing horse is set to gallop across India. The world's foremost supercar maker, Ferrari, will kick off an arduous tour of the country - spanning more than 10 states and 13,000 kilometres - on Monday.
Tata Motors' Nano may be struggling to survive, but Renault Nissan alliance Chairman and chief executive officer Carlos Ghosn is glad the group followed the lead of "visionary" Ratan Tata's dream project
Close on the heels of acquiring Tyco Global Network, Tata group chairman Ratan Tata on Wednesday launched a $100 million undersea optical fibre cable linking Singapore to India.
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