close

News WrapGet Handpicked Stories from our editors directly to your mailbox

Tata Sons

Mistry was removed from Tata Sons without any intimation: Investment firms to NCLAT

Cyrus P Mistry has also moved NCLAT in his personal capacity against his removal.

Jan 09, 2019, 10:26 AM IST

Cyrus Mistry was removed from Tata Sons without any intimation: Investment firms to NCLAT

Mistry was removed as director of all Tata group companies as the trustees had "written to all companies that if you do not remove him, we would take Tata brand name from you."

Jan 09, 2019, 08:40 AM IST

Run our marathon, don't be distracted by somebody else's sprint: Chandra to Tata employees

Stating that the group had a mixed performance in 2018, he reiterated that there was much more work ahead to do, including simplifying structure of the over USD 100 billion conglomerate.

Dec 28, 2018, 13:03 PM IST

Mistry camp questions affirmative vote of trustee nominee directors on Tata Sons board

Section 121 of the AoA of Tata Sons mandates that important matter of Tata Sons can only be decided with the affirmative vote of trust nominee directors.

Dec 13, 2018, 12:27 PM IST

No proposal made to Jet Airways for possible takeover, talks at preliminary level: Tata Sons

The financial crunch in Jet has resulted in delayed payments to its vendors and salaries to a section of its over 16,000 employees.

Nov 16, 2018, 17:28 PM IST

PMO nudging Tata group to bail out Jet Airways: Sources

Sources said that the PMO is trying to ensure that the uncertainty in the aviation market is reduced to a certain extent by asking the Tata group to explore buying the struggling airline.

Nov 16, 2018, 14:18 PM IST

Tata Sons board may discuss plans to snap up Jet Airways today

Media reports suggest that the parent company of Vistara, Tata-Singapore Airlines, is looking at all-stock merger with Jet Airways as part of the Tata group's plans to board Goyal's full service carrier.

Nov 16, 2018, 10:36 AM IST

Tata looks to reclaim the skies in Jet Airways stake talks

Should a deal with Jet succeed, Tata would gain access to hard-to-get parking slots at Mumbai`s congested airport, most of which are occupied by the 25-year-old airline.

Nov 15, 2018, 12:59 PM IST

Questions raised on RoC grounds for declaring Mistry sacking violative of law: RTI

NCLT ruled that the board of directors is competent to dismiss executive chairman, adding that Mistry's conduct does not augur well for the smooth functioning of the group.

Nov 14, 2018, 11:40 AM IST

Tata Sons begins due diligence to buy Jet Airways: Report

A combination of rising oil prices, high fuel tax, a weak rupee, low fares and price competition has seen profit dive in the world`s fastest-growing aviation market, which is clocking 20 percent annual passenger growth.

Nov 13, 2018, 09:47 AM IST

Tatas, TCS violated rules in sacking Mistry: RTI reply from RoC

Mistry was removed as TCS director with 93.11 per cent votes at the EGM held on December 13, 2016.

Oct 31, 2018, 17:51 PM IST

Tata Sons writes off entire Rs 28,651 cr investment in Tata Teleservices

Tata Sons is in the process of transferring the consumer mobile business of Tata Teleservices to Bharti Airtel and hiving off the enterprise segment to merge with the group's networking arm Tata Communications.

Oct 23, 2018, 18:19 PM IST

NCLAT directs Tata Sons not to force Mistry to sell stake after conversion into private company

Tata Sons has contended that it was always a closely held private entity but was considered a public limited company due to its size under an old legal provision.

Aug 24, 2018, 18:14 PM IST

NCLAT reserves order over Mistry's plea on Tata Sons

NCLAT was hearing the plea filed by Mistry challenging the orders of NCLT which had dismissed his plea challenging his removal as chairman of the company.

Aug 14, 2018, 17:23 PM IST

Cyrus Mistry's plea challenging removal as Tata Sons chairman rejected by tribunal

The Tribunal further added that Mistry was removed because Tata Sons Board and its members lost confidence in him.

Jul 09, 2018, 11:25 AM IST

Cyrus Mistry fires fresh salvo at Tata Sons ahead of NCLT verdict

Cyrus Mistry has questioned the rationale behind some actions like the free sale of its telecom arm to Airtel.

Jul 01, 2018, 19:46 PM IST

Tata Sons strongly rejects claims on gift to Harvard Business School

Tata Sons said the "reputational damage and harm" caused by the article is "irreparable" and the group "continues to explore" its remedies.

Jun 03, 2018, 11:30 AM IST

Tata Sons appoints ex-foreign secy Jaishankar as global corp affairs head

Jaishankar will report to Tata Sons Chairman N Chandrasekaran.

Apr 24, 2018, 12:39 PM IST

Tata group Chief Ethics Officer Mukund Rajan quits

Rajan, who was former managing director of Tata Teleservices (Maharashtra) Ltd, was appointed as the group spokesperson and brand custodian in February 2013.

Mar 15, 2018, 22:11 PM IST

Ratan Tata named in Israeli PM Netanyahu bribery case; 'factually incorrect', says Tata Sons

Tata Sons has rejected Israeli media reports about Ratan Tata's alleged link to the graft-accused Israeli PM Benjamin Netanyahu as ''factually incorrect.''

Feb 15, 2018, 15:16 PM IST