If Cyrus's protestations of having no knowledge of his imminent dismissal are to be taken at face value, he was extraordinarily naive and insulated from the ground reality. There were enough straws in the wind to suggest that his relations with Ratan were fast deteriorating to a point of no return.
Hemlatha Annamalai and P Bala's Ampere Vehicles makes e-vehicles in Coimbatore.
Unidentified miscreants hurled a stone at the Chief Minister on Saturday night near Vivekananda School Centre in Vijayawada's Singh Nagar, which injured his left temple when he was canvassing for polls.
The Shri Ram Janmabhoomi Teerth Kshetra Trust has sent invitations to 7,000 people, including 3,000 VVIPs, for the consecration.
These start-ups include high-growth companies such as Ola, Paytm, Lenskart, UrbanClap and Urban Ladder. Nearly half of these have gone on to raise follow-on funding, a key measure of success for start-ups. A few have become unicorns, the term for start-ups valued at $1 billion or more.
India's Ratan Tata aims to transform his once-stodgy conglomerate into a global powerhouse. But can it thrive after he steps down?
Throughout his two-decade long stint as chairman, Tata has never shied away from any adversary or adversity.
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.
Few people know Ratan Tata as well as R K Krishna Kumar does. Widely perceived to be among the managers closest to Tata, Krishna Kumar assesses Ratan Tata, the man and business leader, in this exclusive interview to Rediff.com's Vaihayasi Pande Daniel.
'Sweden removed the inheritance tax because many of the rich were fleeing. For example, the owner of IKEA had migrated out of Sweden'
After a brief lull during the pandemic, there is a strong revival in luxury car sales, bolstered by more launches across price bands, replacement demand, ban on old diesel vehicles in the NCR, and 'revenge buying'.
How the business world celebrated Christmas!
At the annual general meeting (AGM) of Larsen & Toubro (L&T) on Wednesday, shareholders made the usual request to the top management for bonus shares. But this time, the setting was different. The man at the helm, outgoing group chairman AM Naik, 82, was heard assuring shareholders that he would join the chorus soon. There were laughs and chuckles at Naik's playful remark as he addressed the last AGM, nearly six decades after he joined L&T as a junior engineer and some 25 years at the top.
Few businessmen demonstrate the zeal that he does for innovating for the bottom of the pyramid, says Adi Godrej.
The market is both taking a short-term view and a harsh view. We often damn a company when it makes a loss in a single year.
He has the reputation of being a stable performer, more comfortable with details than the big vision. Shyamal Majumdar looks at what could work for Noel Tata in the race to succeed his half-brother, Ratan Tata.
Questions raised on discrepancies in land rates in West Bengal.
Ratan Tata, the octogenarian chairman of Tata Trusts that have controlling stake in Tata Sons, separately said he was extremely disappointed over reports speculating a major revamp in the leadership structure at the group. "I would like to state that no leadership structural changes are on the anvil," Chandrasekaran said in a brief statement. The statement came in relation to a Bloomberg report that said Tata Sons was considering a "historic revamp of its leadership structure by creating a chief executive officer's role to help improve corporate governance."
I really did what my great grandfather said we should - mainly to give back to the community whatever we had in terms of prosperity, says Ratan Tata in New York.
The Supreme Court on Thursday dismissed a plea of the Sapoorji Pallonji (SP) group seeking a review of the 2021 verdict which had upheld the Tata group's decision to remove Cyrus Mistry as the executive chairman of the Tata Sons. A bench headed by Chief Justice N V Ramana, however, ordered the deletion of certain remarks made against Cyrus Mistry in the March 2021 verdict. Senior advocate Harish Salve, appearing for the Tata group, said the court may permit the deletion of one or a few sentences not for the reasons given in the application of the Sapoorji Pallonji (SP) group.
This is also the last time that I write to you prior to my retirement as the chairman of the TATA Group and I want to convey to you how privileged I have been to have the opportunity of leading this great Group over the last two decades through good times and bad, Tata said.
Tata Sons chairman Ratan N Tata has expressed the fear that the current political uncertainty will make India stumble
Former Tata Sons chairman Cyrus Mistry was on Sunday killed in a road accident after his car hit a divider in Maharashtra's Palghar district neighbouring Mumbai, a police official said.
At its current price - $1,819 per troy ounce - the gold alone adds $4.68 million.
Those who run Jaguar and Land Rover and their top designers talk about leaping cats, concept Landies and Ratan Tata.
The driver of the car in which Cyrus Mistry was travelling lost control due to overspeeding and rammed into the divider, said Palghar Police sources on Sunday.
Tata Sons shareholders have approved a resolution to have separate chairpersons for the company and its largest shareholder -- Tata Trusts. An amendment to the articles of association (AoA) of Tata Sons, which sought to prevent a single person heading Tata Sons as well as Tata Trusts simultaneously, was passed at the company's annual general meeting (AGM) held on Tuesday. With the special resolution being passed with requisite majority of 75 per cent at the AGM, it will now be legally binding for Tata Sons and Tata Trusts to have separate chairpersons.
His value lifestyle brand Zudio signals a coming of age of retail in small town India.
Top Indian grapplers Vinesh Phogat, Bajrang Punia, Sakshi Malik, Satyawart Kaidyan and Jitender Kinha all tied black bands on their forehead.
With Rs 67,550 cr, Reliance leads investors' pack to Vibrant Gujarat.
'Cyrus was always very different. He would think before acting.'
Tata Group-owned Air India will buy 250 aircraft, including 40 wide-body planes, from Airbus as the airline expands its fleet and operations. This is the first time in more than 17 years that Air India has placed an aircraft order. It is also the first order placed by the carrier under the ownership of Tata Group. On Tuesday, Tata Sons chairman N Chandrasekaran said Air India has signed a letter of intent to acquire 250 aircraft from Airbus.
"The strategic divestment transaction of Air India successfully concluded today with transfer of 100 per cent shares of Air India to M/s Talace Pvt Ltd along with management control," DIPAM secretary Tuhin Kanta Pandey said in a tweet. A new board, led by the strategic partner, takes charge of Air India, he added.
Ratan N Tata, Chairman, Tata Group of Companies, on Tuesday held meetings with top Chinese business leaders to assess prospects in the world's most potential market and also discussed the communist giant's impressive economic progress.
Ratan Tata is passionate about British manufacturing. There will be no change. It will be the same culture, the charitable culture.
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
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