The government is keeping a "close watch" on the developments relating to the Tata-Mistry case, but does not want to "interfere" at present as it was an "internal matter" of a private group, Ministry of State for Corporate Affairs Arjun Ram Meghwal has said.
Experts say the impact is limited to investors and potential employees and may ease out in the next few months
The chairmanship of Tata Motors and Tata Steel after Ratan N Tata steps down at the end of 2012 appears to be an open question. It will be up to the new Tata group chairman, Cyrus Mistry, whether he decides to succeed Tata in heading two of the largest group companies or opt for new chairpersons for them.
The commercial vehicle business is one of the mainstays for the Tata group, highlighting the importance of Girish Wagh's appointment.
R Venkataramanan, the managing trustee of the Sir Dorabji Tata Trust who is responsible for all Tata-run trusts, prefers to keep a low profile but has emerged as a power centre in the group - with more clout than many established CEOs, says Dev Chatterjee.
Tata has moved up the ladder in a list of the world's most-valued brands.
Tata was concerned that most innovations were happening outside India, some by Indians.
The gift from the Tata Trusts will allow Cornell to establish and expand partnerships with Indian scientists that build on its strength in applied agriculture research. The endowment will also be used to set up a scholarship fund to bring more Indian students, who may be discouraged by Cornell's price tag, to the university. The gift could eventually help support as many as 25 Indian undergraduate and graduate students at a time.
Terms reveal that such premature redemption is allowable on dividend reset dates in case there is no agreement on the dividend rate
West Bengal Pradesh Congress Committee President Adhir Ranjan Chowdhury on Saturday criticised the statements of West Bengal ministers against Ratan Tata, and said Tata's views and opinions about the development of the state would always be welcomed by the people of Bengal.
Tata Sons, holding company for the Tata group, is working on building a centralised rural business platform that could be leveraged for the entire group's benefit, instead of each company looking at it separately.
The biggest winner of the Tata drive to drill down innovation to every person on every shop-floor is the Tata conglomerate. While the most visible symbol of this has been the Nano, insiders say Tata has already started asking his senior executives, 'What is the next Nano?' The innovation drive is seeking to answer that question.
'The launch of the vehicle was successful beyond expectation'.
For years, critics termed Tata's vehicle business as a millstone around the neck. But Group chairman Ratan Tata on Wednesday flattened their theory by taking the automobile venture to a new plane with the acquisition of British luxury brands Jaguar and Land Rover.
The "CBI's heart beats for the Tatas", 2G scam accused Shahid Usman Balwa alleged in court today, questioning the agency's portrayal of the group as a "victim" of A. Raja's spectrum allocations.
It is a reinforcement of the principles and forthrightness that prevails in our judicial system, which should make all of us proud of our country and its democracy.
A naturally reclusive nature and a conviction for the work to do the talking meant there was very little known about Mistry even during his time at the helm of Tata Sons. He did not do a single media interview from Bombay House.
What's common between Vijay Mallya, Ratan Tata and L N Mittal besides the fact that they are all India-born entrepreneurs looking to dominate global business? All three are victims of economic patriotism in foreign soil.
Ratan Tata, chief of Tata Group, on Friday said the ambitious Rs 100,000 car will be manufactured from three-four places, including West Bengal and Uttaranchal.
Ratan Tata-led Tata Motors on Thursday said that it plans to expand its commercial vehicles business in India and would launch a few more models by this year-end.
The price movement and trading volumes for few days prior to Mistry's ouster will also be looked into
Mody held important positions in Tata group and led Tata Steel till he retired in the early 1990s.
Tata Sons has moved the Supreme Court against an estimated Rs 300-crore (Rs 3-billion) sales tax demand from the Maharashtra state government.
A day after FIPB cleared the Tata-Singapore Airlines' (SIA) airline venture, Tata group Chairman Emeritus Ratan Tata and SIA chief Goh Choon Phong on Friday met Civil Aviation Minister Ajit Singh exuding confidence of launching flights by May-June next year.
Further stimulus measures are expected in the upcoming Budget where the focus is likely to be on reforms, including some structural measures such as reducing red tape and boosting foreign direct investment. The meeting with industrialists is in the series of discussions that Modi has had during the last couple of weeks to seek suggestions to revive growth.
While the jury is still out on how Tata has done in his global ventures, the fact is they have been bold, but not necessarily beautiful.
The company said, due internal processes as applicable for sanctions of loans of such nature and value were followed
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
"Tata Sons board is meeting tomorrow (Friday) to consider the proposal to bid for Jet Airways," people in the know of the development told PTI.
Call it a coincidence - as Ratan Tata was preparing to hand over the baton of Tata Sons to Cyrus Mistry, Sebi banned Dilip Pendse, former MD of the erstwhile Tata Finance from the capital market for a period of two years.
The Tata Group is looking beyond Indian shores to expand the companies under its fold, even as it has received a 20-year gas supply contract from the government of Bangladesh.
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.
Mistry is not the first Tata bigwig to be ousted and Tata is not the only big name which saw a doyen or two leave
Shapoorji Pallonji Group's head Pallonji Mistry died at his residence here, company officials said on Tuesday. Mistry, the largest individual shareholder in the Tata Group with a 18.4 per cent holding in the conglomerate, was 93.
'He was a practical person who ensured that he thought about the common man, animals, the fact that they have a life and they have to be respected.'
His value lifestyle brand Zudio signals a coming of age of retail in small town India.
The co-chairs of the US-India CEO Forum have stressed the need to continue 'liberalisation' of economic policies between the two countries, saying it is 'critical' for building a strong business cooperation.
The TCS board approved a special compensation of Rs 5 crore (Rs 50 million) over and above the Rs 3-crore (Rs 30-million) commission due to him for the last financial year.
The Jain brothers' $300 mn-worth Girnar Software has really humble roots.
Shapoorji and Pallonji Group to contest Cyrus Mistry's ouster from Tata Sons
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