After the biddings closed for Air India on September 15, the government has decided to declare the results latest by October 15. Till now, the Tatas are seen as the front runners for Air India's disinvestment plan by the Central govt. However, the final draft for Air India's winning bid would require Home Minister-headed GoM's nod. Meanwhile, the Airline has reported Rs 7,982.83 crore as a net loss in FY20.
Courtesy: CNBC TV18
Ratan Tata, the chairman of Emeritus of Tata Sons has clarified that he never said, ''Liquor sales should be sold through Aashaar card'' following some miscreant netizens claimed that Tata said so. The 83-year-old tycoon also shared the screenshot of the fake claim on his Instagram account and wrote, ''This wasn't said by me. Thank you.'' The post also claimed, ''Government food subsidies should be stopped for alcohol buyers.''
Shapoorji Palonji Group led By Cyrus Mistry has approached the Supreme Court seeking a review of the judgment made in the favour of the Tata Groups. The apex court had earlier backed the removal of Mistry from the chairman post of Tata Groups, after a long high-profile legal battle between the two entities. "I am personally disappointed by the outcome of the judgment," Mistry had stated.
After a social media campaign demanding 'Bharat Ratna' award for Ratan Tata started trending, the Indian business tycoon on February 6 requested people to stop the campaign. Making the appeal, the Tata group chairman tweeted, "I consider myself fortunate to be an Indian and to try and contribute to India’s growth and prosperity." Under the campaign, netizens started recalling Tata's contributions towards the society while making a case for… read-more
Courtesy: Deccan Herald