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Mistry Tatas row: Brickwork Ratings downgrades Tata Steel Mistry Tatas row: Brickwork Ratings downgrades Tata Steel

 Citing “heightened management risk” following the ouster of Cyrus Mistry as chairman of Tata Sons, Brickwork Ratings has revised outlook of Tata Steel to negative while it revised the ratings of its NCDs worth Rs 6,500 crore.

Ashok Chawla takes over as non-executive chairman of Yes Bank Ashok Chawla takes over as non-executive chairman of Yes Bank

Chawla took over after non-executive part-time Chairperson Radha Singh completed her tenure as the bank's director yesterday, Yes Bank informed the stock exchanges.

Tata Sons looking to buy out stake held by Cyrus Mistry's family Tata Sons looking to buy out stake held by Cyrus Mistry's family

Less than a week after sacking Cyrus Mistry as the chairman of the company, Tata Sons are reportedly looking for partners to buy out stake held by Pallonji family.

Coal India completes buyback of equity shares worth Rs 3,650 cr Coal India completes buyback of equity shares worth Rs 3,650 cr

State-run Coal India on Saturday said it has completed buyback of equity shares worth Rs 3,650 crore.

Maharashtra CM Fadnavis says Foxconn not going anywhere Maharashtra CM Fadnavis says Foxconn not going anywhere

Amid apprehensions that Taiwan-based tech giant Foxconn may shy away from its proposed USD 5 billion investment in Maharashtra, Chief Minister Devendra Fadnavis said the company is "not going anywhere" and hoped issues raised by it will be resolved soon.

Thane call call centre scam just tip of the iceberg, police probing similar frauds Thane call call centre scam just tip of the iceberg, police probing similar frauds

The masterminds of the Internal Revenue Service (IRS) call centre scam may be involved in at least four other such frauds to cheat US, Australian and Canadian citizens, a top police official said. 

Three members of former brain trust of Cyrus Mistry resign Three members of former brain trust of Cyrus Mistry resign

Zee Media Bureau

Mumbai: Three members of the Group Executive Council, the advisory team of the former Chairman Cyrus Mistry have called it a day at Tata Sons.

Swamy urges PM Modi to probe Ratan Tata for money laundering Swamy urges PM Modi to probe Ratan Tata for money laundering

BJP MP Subramanian Swamy on Friday wrote to Prime Minister Narendra Modi seeking a multi-agency probe against Tata Sons interim chairman Ratan Tata for alleged money laundering and cheating.

Cyrus Mistry counters Tata Group's claim on Welspun buy Cyrus Mistry counters Tata Group's claim on Welspun buy

Stepping up his attack on the Tata Group in general and Ratan Tata in particular, ousted chairman Cyrus Mistry on Friday denied group's claim that the board was not properly consulted on Tata Power's purchase of Welpsun Power in June.

Amazon to acquire publishing business of Tata-owned Westland for undisclosed sum Amazon to acquire publishing business of Tata-owned Westland for undisclosed sum

US-based e-commerce giant Amazon on Friday said it is acquiring the publishing business of Tata-owned Westland for an undisclosed sum.

Amazon to acquire publishing business of Tata-owned Westland for undisclosed sum Amazon to acquire publishing business of Tata-owned Westland for undisclosed sum

US-based e-commerce giant Amazon on Friday said it is acquiring the publishing business of Tata-owned Westland for an undisclosed sum.

Indian call centre scam: Rs 2.5 crore Audi car of call centre scam kingpin seized Indian call centre scam: Rs 2.5 crore Audi car of call centre scam kingpin seized

Police have seized a luxury car belonging to Sagar Thakkar alias 'Shaggy', alleged kingpin of the Internal Revenue Service (IRS) call centre scam of Thane in which thousands of Americans were defrauded to the tune of USD 300 million.

NDMC to decide on Taj Mansingh auction process on November 3 NDMC to decide on Taj Mansingh auction process on November 3

With the Delhi High Court clearing decks for auctioning of the iconic Taj Mansingh Hotel here, the New Delhi Municipal Council (NDMC) is mulling over the future course of action for auction of the property.

Vedanta's Q2 net profit grows 17.1% to Rs 1,251 crore Vedanta's Q2 net profit grows 17.1% to Rs 1,251 crore

Mining giant Vedanta Ltd on Friday posted 17.14 percent jump in its consolidated net profit at Rs 1,251.13 crore for the quarter ended September 2016 as against a year ago.

Taj Mansingh auction: Indian Hotels to move SC against Delhi HC verdict Taj Mansingh auction: Indian Hotels to move SC against Delhi HC verdict

Tata Group hospitality arm Indian Hotels Company on Friday said it plans to challenge the decision of Delhi High Court, which dismissed its appeal against the auctioning of iconic Taj Mansingh Hotel by the New Delhi Municipal Council (NDMC).

Companies raise Rs 13,000 cr via preferential route in April-August FY17 Companies raise Rs 13,000 cr via preferential route in April-August FY17

Indian firms raised nearly Rs 13,000 crore through issuance of shares to promoters and shareholders on preferential basis during April-August of 2016-17, a slump of 35 percent from the year-ago period.

IOC, BP, HP to spend $20 billion on refinery expansions IOC, BP, HP to spend $20 billion on refinery expansions

India has traditionally been a net exporter of fuel oil, the residue oil left after initial crude refining that is typically used in shipping and power generation.

Cyrus Mistry still the Chairman of several Tata group companies –Know Cyrus Mistry still the Chairman of several Tata group companies –Know

Tatas hope that Mistry will resign from the group companies on moral grounds --Will he do so?

Tata Steel says no change in European consolidation strategy Tata Steel says no change in European consolidation strategy

Tata Steel today said it continues to pursue European consolidation strategy and is in talks with Thyssenkrupp AG for potential JV for European steel business, following purported disclosure from ousted chairman Cyrus Mistry that some group firms could face a potential writedown of USD 18 billion.

Tatas gauging interest of potential buyers for Mistry stake in Tata Sons Tatas gauging interest of potential buyers for Mistry stake in Tata Sons

Tata group is assessing interest of possible partners who would be interested if and when Shapoorji Pallonji group would like to sell of their around 18 percent stake in Tata Sons.