Ratan Tata

Nusli Wadia serves second defamation notice to Tata Sons in two days

Zee Media Bureau

New Delhi: Just a day after sending a defamation notice to the Tatas on Monday, industrialist Nusli Wadia on Tuesday sent another to Tata Sons.

Nov 22, 2016, 23:38 PM IST

Ratan Tata wanted to sell Tata Groups 'crown jewel' TCS to IBM: Cyrus Mistry

Hitting back at Tatas, ousted Chairman Cyrus Mistrytoday rejected charges of not contributing anything to the group's cash-cows TCS and JLR and alleged that patriarch Ratan Tata once tried to sell the IT firm to IBM and his "ego" led to bad business decisions like Corusacquisition at double the original cost.

Nov 22, 2016, 19:25 PM IST

Ratan Tata wanted to sell Tata Groups' 'jewel' TCS to IBM: Cyrus Mistry

The latest arsenal thrown by Cyrus Mistry's office claims that there was a “near death experience' for the group's crown jewel TCS, when Ratan Tata had pitched for selling TCS to IBM.

Nov 22, 2016, 18:24 PM IST

Nusli Wadia serves defamation notice to Tata Sons, demands immediate withdrawal of allegations

Tata Sons sought the removal of Nusli Wadia from the board of independent directors on the grounds that he was backing the ousted chairman Cyrus Mistry.

Nov 21, 2016, 21:09 PM IST

Cyrus Mistry's conduct caused 'enormous harm' to TCS, stakeholders: Tata Sons

Upping the ante, Tata Sons on Monday asked shareholders of its most successful company TCS to remove Cyrus Mistry as director from the Board as he had caused "enormous harm" even as another group firm IHCL called shareholders' meet for the same purpose.

Nov 21, 2016, 20:46 PM IST

Tata-Mistry battle: Key board meeting of 2 Tata group companies today

As the Tata-Mistry battle rages on, two key board meetings will be held here on Thursday including one to seek removal of the ousted group chairman from the board of crown-jewel Tata Consultancy Services.

Nov 17, 2016, 09:22 AM IST

Cyrus Mistry hits back at Tata Sons, says expenses rose due to Ratan Tata's jet, replacement of Nira Radia's firm

Ousted chairman Cyrus Mistry Tuesday rebutted Tata Sons' contention of expenses having risen under his four-year rule, calling it a "brazen attempt to mislead" public and shareholders and said "significant" costs were incurred for corporate jets used by Ratan Tata.

Nov 15, 2016, 17:42 PM IST

Ratan Tata meets Finance Minister Arun Jaitley, declines comment

Amid the battle raging for the control of Bombay House, the headquarters of the $103 billion Tata empire, interim Chairman Ratan Tata met Finance Minister Arun Jaitley here on Tuesday, but neither side offered any comment.

Nov 15, 2016, 15:55 PM IST

Setback for Cyrus Mistry: No unanimous support from Tata Motors' independent directors

In a setback to Cyrus Mistry, independent directors of Tata Motors on Monday did not offer unanimous support to his leadership and instead backed all decisions taken by the company, including on small car Nano, which have been criticised by the ousted chairman of Tata Sons.

Nov 14, 2016, 22:58 PM IST

Sebi steps up vigil as Tata-Mistry feud escalates further

Markets regulator Sebi has stepped up scrutiny on developments in the escalating Tata-Mistry feud, keeping a close vigil on all disclosures being made as also the finer details of the board meetings of listed firms of the Tata group.

Nov 14, 2016, 18:23 PM IST

Management to do whatever required for dealing with situation arising after Cyrus Mistry ouster: Tata Sons

Hardening its stand, Tata Sons on Sunday said its management will do whatever is required to deal with the situation arising out of the ouster of Cyrus Mistry and wanted its independent directors to ensure future of Tata companies and interest of all stakeholders is protected.

Nov 13, 2016, 20:36 PM IST

'Tata Sons amended Articles of Association multiple times to give chairman free hand'

Tata Sons, the holding company of India's largest conglomerate Tata Group, had amended its Articles of Association (AoA) thrice in over one-and-half decade to give its chairman a free hand, sources close to the company said.

Nov 13, 2016, 19:36 PM IST

Mistry hits back at Tatas, says 'truly unfortunate' to question independence of directors

Terming Tata Sons' contention that group companies were "drifting away" under him as "furthest from truth", ousted chairman Cyrus Mistry today hit back at Tata Sons calling its criticism of independent directors, revered names in India Inc, as "truly unfortunate".

Nov 13, 2016, 18:50 PM IST

Tatas move to oust Cyrus Mistry from Tata Motors, Tata Steel and Tata Chemicals

Even after being removed as Chairman of Tata Sons, Mistry continues to head the group's several listed firms, including Tata Motors, Tata Power, Tata Steel and Tata Chemicals.

Nov 11, 2016, 23:10 PM IST

Tata Sons asks Tata Steel to hold EGM to remove Cyrus Mistry, Nusli Wadia

Tata Steel on Friday said it has been directed by promoter, Tata Sons, to convene an extraordinary general meeting (EGM) to remove the steel major's Chairman Cyrus P Mistry and independent director Nusli N Wadia.

Nov 11, 2016, 17:54 PM IST

Ratan Tata is a disgrace to the Tata family: Subramanian Swamy

Bharatiya Janata Party(BJP) leader and MP from Rajya Sabha Subramanian Swamy on Friday alleged that Ratan Tata is a corrupt person and termed him a disgrace for the Tata family.

Nov 11, 2016, 14:24 PM IST

Sexual harassment case against Taj CEO behind Cyrus Mistry's ouster?

Cyrus Mistry, who was ousted as Chairman of Tata Sons in a surprise move last month, has taken a lot of dramatic turns in the last couple of days.

Nov 11, 2016, 05:52 AM IST

Ahead of board meet to be chaired by Cyrus Mistry, Ratan Tata meets Tata Motors union leaders

Ahead of the crucial board meeting of Tata Motors next week, the group's interim chairman Ratan Tata Thursday met the employee unions from the company's biggest plants.

Nov 10, 2016, 20:41 PM IST

Tata ousts Cyrus Mistry as TCS Chairman; calls meeting to remove him from IHCL too

In sharp escalation of boardroom battle at Tata Group, patriarch Ratan Tata-led holding entity removed Cyrus Mistry as Chairman of TCS, the conglomerate's most successful firm, and called a shareholders meet to remove him from IHCL that runs Taj hotels.

Nov 10, 2016, 19:52 PM IST

Cyrus Mistry betrayed trust, wanted to take control of firms: Tata Sons

After replacing Cyrus Mistry as chairman of Tata Consultancy Services, the holding arm of the $103-billion empire issued a nine-page statement on Thursday, listing his alleged failures and hardly any contribution towards revenue growth and dividends.

Nov 10, 2016, 13:48 PM IST