In a setback to Cyrus Mistry, independent directors of Tata Motors today did not offer unanimous support to his leadership and instead backed all decisions taken by the company
As controversy continues to boil over the ouster of Cyrus Mistry as Chairman of Tata Sons, all eyes will today be on Tata Motors’ board meeting – scheduled to take place at the iconic Bombay House – on Monday.
After initiating steps to remove Cyrus Mistry as a director of at least five group companies, Tata Sons on Sunday said it will do all it takes to initiate similar action wherever required and deal with the situation.
Hitting back at Tata Sons, the ousted chairman Cyrus Mistry today said that questioning independence of directors at group firms was "truly unfortunate". "Country acknowledges these independent directors as stalwarts of India Inc, suggestion that
Tata Motors today informed the stock exchanges that it has received a notice from shareholders representing 26-per cent of the voting rights for the removal of Chairman Cyrus Mistry and Independent Director Nusli Wadia from
Tata Sons today stepped up its battle against ousted chairman Cyrus Mistry who had claimed that the group faces potential write-downs of nearly USD 18 billion (approximately Rs 1.2 lakh crore).
Tata Sons has appointed Ishaat Hussain as the interim Chairman of, Tata Consultancy Services (TCS) in place of Cyrus Mistry with immediate effect.
SEBI has initiated a preliminary examination of the arrangement between Tata Sons and group companies to understand whether it is in accordance with current insider-trading regulations.
Tatas likely to question six Taj directors over receiving ‘financial aid’ from Mistry’s Pallonji Group: Report
Nirmalya Kumar has revealed in his blog post that he was fired just after Cyrus Mistry’s ouster as Tata Sons Chairman.
Cyrus Mistry today won a major round against the Tata Group after the independent directors of Indian Hotels expressed full confidence in the 49-year-old industrialist. The conclusion was reached in a board meeting by Indian
Watch: Cyrus Mistry's security guards rough up mediapersons at Bombay House, one injured
Amid indications that Cyrus Mistry may not step down from the chairmanship of Tata Sons on his own, the company will now have to seek approval of boards of various group companies to remove him
With the unceremonious exit of Cyrus Mistry from the chief chair of Tata Sons, media speculations were abuzz with reports of Tata Group trying to rope in sovereign wealth funds in the event of his
Cyrus Mistry is still the chairman of about a dozen companies in of the Tata Group.
MoS for Finance Arjun Ram Meghwal today said that the developments at the country’s largest conglomerate Tata Sons can have implications for the economy and that the government is keeping a ‘close watch’ on the Tata-Mistry feud.
Amid the ongoing war of words between former chairman Cyrus Mystry and Tata Sons , it has emerged that four months before his ouster, the remuneration panel of the same board lauded Mistry's performance and
Tata Sons interim chairman Ratan Tata today said that removal of Cyrus Mistry from the company was absolutely necessary for the future success. "The decision to change the leadership of Tata Sons was a well-considered
Amid escalating war of words between Cyrus Mistry and Tatas, the recently sacked chairman today refuted the charge that the controversial telecom deal with Japanese firm DoCoMo were handled by him 'in a manner inconsistent
Days after chairman Cyrus Mistry was ousted, three of the top executives at Tata Sons have put in their papers, news agency Reuters reported on Saturday. Human resources chief NS Rajan, group business development and
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