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."
Aviation regulator DGCA has suspended two pilots of Tata Group's Taj Air, a non-scheduled airline that flies Chairman Emeritus Ratan Tata and Chairman Cyrus Mistry among others, for allegedly falsifying medical records.
Tata Motors' passenger vehicle sales stood at 229,325 units in the last financial year, registering a market share of just 8.9 per cent.
Sixteen companies in the group registered a turnover of over $500 million, with ten of these registering a turnover of over $1 billion
Cook is scheduled to meet top honchos of India Inc later during the day
Days before US President Barack Obama's high-powered visit here, the US-India CEO Forum has been reconstituted with Cyrus Mistry replacing Ratan Tata as its co-chairman
Mistry said he hoped the company would soon take a decision on appointing a woman as director on the board.
Indian writer Anuradha Roy on Saturday won the prestigious $50,000 (Rs 33.89 lakh) DSC Prize for South Asian Literature for her novel Sleeping on Jupiter at the Galle Literary Festival in Sri Lanka.
The price movement and trading volumes for few days prior to Mistry's ouster will also be looked into
Prime Minister Narendra Modi on Saturday visited a Tata Motors-owned Jaguar Land Rover factory in the West Midlands region of England that is known as the flagship Indian investment in the UK.
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The Tata Group says it is bullish on investment in India.
Tata Motors Chairman Cyrus Mistry said the company was poised for an 'inflection', even as it revamped its entire product portfolio.
Broader market underperformed the headline indices
The protesters staged a sit-in at the main entrance of Bombay House.
His resignation as chairman of the government's skill development agencies triggered talk that he may be headed back to the Tata Group where a search committee is looking for a full-time chairman.
While study was done before the current boardroom battle began, the findings indicate Tata is no longer viewed as aspirational brand by working professionals.
On the telecom sector, he demanded auctioning of more spectrum.
'The competition between the two is definitely going to be of great interest to the Indian market.'
Prime Minister Narendra Modi is likely to urge Tim Cook to begin manufacturing its prized iPhones in India.
Noel Tata likes to relax at his Alibaug beach home on weekends, but he is equally passionate about driving on the Mumbai-Pune Expressway at a speed of over 100 kilometres per hour.
Ratan Tata was the first one to realise that Indian companies had become a prisoner to tradition and needed to radically innovate.
Among the businesses that need consolidation are retail and defence
The company's Indian operation, a joint venture with Tata Global Beverages, has got a new CEO.
Pakistani Prime Minister Nawaz Sharif has cancelled his visit to WEF annual meeting after a deadly Taliban attack in his country.
Delaying action on climate change will hurt growth: Global CEOs.
The multi-brand strategy could drive profitability to a 25% profit margin in the next five years from 17% now.
There is no word yet on the progress of rescue operations for the accommodation barge SS-3 and the Sagar Bhushan oil rig.
Vistara's growth and future funding requirement would hinge on how soon the government changes these rules.
Modi has often been accused of promoting crony capitalism in Gujarat for his proximity to certain businesses.
Shareholders feel Cyrus Mistry is slowly slipping into Ratan Tata's shoes
This is largely on the back of Tata Steel's expansion at Kalinganagar, as well as JLR's in China and Brazil
"We are waiting for any input from any quarter," Civil Aviation Secretary R N Choubey said, adding, "We have not received anything so far".
Sluggish domestic equities and persistent capital outflows largely pressurised the Indian unit
Successors work hard, and many of them succeed and stay for many years. 'But when they don't it is best to be civil and part ways than seek confrontation which might prove acrimonious and futile.'
Taking a cue from neighbouring Gujarat and its successful Vibrant Gujarat summit, Maharashtra has organised a conclave -Transforming MMR into a Global Financial, Commercial and Entertainment Hub - on February 6.
Trade and economic issues, including visa, totalisation pact and impediments hampering investments, are likely to figure at Monday's US-India CEO Forum meeting, which will be jointly addressed by visiting US President Barack Obama and Prime Minister Narendra Modi.
The 400,000 square-metres plant was launched within two years of foundation laying ceremony.
SBI comes second and Bharti Airtel is third
Five of the 10 best-paid independent directors belonged to the Tata group, followed by four from Reliance Industries and one from Wipro.
Former Tata group strategist and member of the now disbanded Group Executive Council, Nirmalya Kumar has said he was fired from his position for "working intensely and extensively" with ousted Tata Sons Chairman Cyrus Mistry.
