Photo: News24
Tata-Mistry Legal Battle: SC Rules In Former's Favour
The nearly half-a-decade corporate tussle between Tata Sons (TS) and the Shapoorji Pallonji group Mistrys culminated on March 26, with the Supreme Court ruling in the former's favour. The SC annulled the 2019 National Company Law Appellate Tribunal (NCLAT) judgment and upheld the Tata Board's decision of ejecting Cyrus Mistry as chairman in 2016. Earlier in 2020, TS had petitioned the SC after NCLAT had ruled Mistry's removal and N… read-more
Tags: Tata Sons, Shapoorji Pallonji Group, Cyrus Mistry, Supreme Court, NCLAT, chairman, N Chandrashekhar
Courtesy: Business Standard
Photo: Economic Times
No Tie Up With Tesla, Tata CEO Confirms
Tata Sons chairman N Chandrasekaran confirmed that there is no dialogue with Tesla for a collaboration. The statement came after speculations arose of Tata partnering with Elon Musk-owned Tesla that recently entered the Indian market. Chandrasekaran said, "We will do it on our own". He added that Tata Motors has been performing well and does not need an outside partnership at this time.
Tags: Tesla, TATA Motors, JAGUAR LAND ROVER CARS, Tata Sons
Courtesy: The Times Of India
Photo: Times Now
TCS Founder And Father Of Indian IT Industry FC Kohli Dies At 96
Father of Indian IT industry, FC Kohli passed away on November 26. The 96-year-old veteran technocrat was the founder and first CEO of Tata Consultancy Services. Directing several entities of Tata group, he was also among the board directors in the Institute of Electrical and Electronics Engineers. Along with being president of Computer Society of India, he was the chairman at the south-east Asia Regional Conferences in 1976 and 1988.
Tags: FC Kohli, TCS, Tata Sons, Tata Group, IT sector, IT Industry
Courtesy: Deccan Herald
Photo: Business Standard
Tata Group Offers To Buy 18% Shares of SP Group
Tata Sons Limited on September 22, informed that they are willing to buy 18% stakes of Shapoorji Pallonji Group, owned by Cyrus Mistry. The decision came after the Mistry, who is also one of the investors at Tata, had a bitter clash with the Group in 2016, which required to pay matured debts. However, SP group wants to raise capital using the shares as collateral which Tata Group fears as a risk.
Tags: Tata Sons, Cyrus Mistry, SP group, Shares
Courtesy: Live Mint
Photo: The Economic Times
Tata's Proposal for Constructing New Parliament Building Accepted
On September 16, Tata Projects Limited emerged as the winner to construct the new Parliament building. There were two Mumbai-based companies that had submitted the proposal - Larsen & Toubro Limited with proposal of Rs 865 crore and Tata Projects Ltd with Rs 861.90 crore. The new building will be a part of the current government's plan to redevelop the central structure in New Delhi.
Tags: Tata Sons, parliament, Modi Government , New Delhi
Courtesy: News18
Photo: Bar and Bench
Tata Sons in Talks for IPL Title Sponsorship
Chinese Mobile Manufacturer Vivo's exit from the IPL 2020, produced an opportunity for Indian corporates and Businesses to offer a bid to the world's 'cash rich league'. Brands such as Jio, Amazon, and Patanjali are considered as top contenders, for the title sponsorship. Tata Sons has emerged to be one of the highest bidders at the moment. BCCI is expected to formally… read-more
Tags: IPL, BCCI, Cricket, Tata Sons
Courtesy: ABP Live
