Tag: Tata
9 Results
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4 Tata firms to vote on Mistry’s removal as director this week
In what could prove to be a crucial week in the ongoing boardroom war between Tata Sons and its ousted Chairman Cyrus Mistry, four listed firms of the group will vote on resolutions to remove him as director from their boards. All eyes will be on the outcome of voting by shareholders of Indian Hotels …
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December 18, 2016 -
4 Tata firms to vote on Mistry’s removal as director this week
In what could prove to be a crucial week in the ongoing boardroom war between Tata Sons and its ousted Chairman Cyrus Mistry, four listed firms of the group will vote on resolutions to remove him as director from their boards. All eyes will be on the outcome of voting by shareholders of Indian Hotels …
Continue reading "4 Tata firms to vote on Mistry’s removal as director this week"
December 18, 2016 -
Mistry vows to continue fight against Tatas
A day after being voted out as TCS' director, Cyrus P Mistry on Wednesday took the moral high ground, saying over 70 per cent of non-promoter shareholders either voted against the resolution to remove him or abstained. He said the voting by minority shareholders of Tata Consultancy Services (TCS) has sent a strong signal that …
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December 14, 2016 -
Chalta hai land needs a quality mission
Writing this article in The Statesman’s Mumbai office in Jamsetji Tata Road, I wondered what the Tata Group’s visionary founder would have said about the power struggle raging among Tata chieftains. Jamsetji Tata (1839 – 1904) was a man of few words; if only India’s $100 billion conglomerate now in disgraceful turmoil had a leader …
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December 3, 2016 -
Tata Motors gets notice for removal of Mistry, Wadia
Tata Motors on Friday 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 the company's board. Based on responses, if any, from the duo after they are furnished a copy of the …
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November 11, 2016 -
Tata hosts Truck World Expo at Chandigarh
Tata Motors is currently hosting a two-day ‘Truck World’ Advanced Trucking Expo at Chandigarh. The leading CV maker of the country is showcasing over 40 medium and heavy commercial vehicles (M&HCVs) including the Tata Prima range of trucks and tippers at the event. The company has also launched its new Signa range of M&HCVs at …
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September 16, 2016 -
Account hacked,spurious tweet sent with malicious intent: Tata
Leading industrialist Ratan Tata on Saturday said his Twitter account was hacked on Friday and a "spurious" tweet with "malicious intent" was sent. "Shocked that my Twitter account was hacked on Friday and a spurious malicious was wrongly attributed to me. This spurious tweet has now been deleted and my Twitter account restored. I regret the inconvenience that this …
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September 10, 2016 -
Tatas say will pay to DoCoMo within ‘confines’ of law
Tata Sons on Saturday said NTT DoCoMo – the estranged Japanese partner – is confusing its intent to pay with what is "legally payable" by the Indian company, and emphasised that its intent is to pay but "within the confines of the law". "Docomo is unfortunately confusing our intent to pay with what is legally …
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September 3, 2016 -
Olympique de Marseille to be bought by American investor
French side Olympique de Marseille has announced its current owner Margarita Louis-Dreyfus has started "exclusive negotiations" with US investor Frank McCourt to sell the football club, a transaction which should be finalised by the end of the year. According to the club’s statement on Monday, Louis-Dreyfus and her family will retain a small stake, reports …
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August 30, 2016