Ness Wadia, son of industrialist Nusli Wadia, was arrested in Japan for possession of drugs last year in March.

Maureen, the wife of industrialist Nusli Wadia, played a pivotal role in launching Ray.

Independent directors had sought an external legal view on the issue amid Ness’ conviction in Japan for possessing drugs.

M&M said it will shut production across plants for up to 13 days in the ongoing quarter.

InGovern said a company has to report any fraud, default by promoter or arrest of key managerial persons or promoters as it is a material e...

There’s still no consensus on the effect the drug conviction will have on Ness’ role in the family-run Group.

Jefferies has initiated coverage on Kajaria Ceramics with a target price of Rs 730.

Unlike others in his illustrious family, headlines tend to chase Ness Wadia for the wrong reasons. The elder son of Wadia Group chairman Nu...

Ness, 47, first joined the board of Bombay Dyeing in 2001 and later other Wadia companies.

A Japanese court sentenced the elder son of industrialist Nusli Wadia to two years in jail for possession of 25 gm of cannabis resin last m...

Ness, who is the co-owner of Kings XI Punjab team, is the eldest son of Nusli Wadia and and heir to the Wadia group.

The group will exit from Gherzi Eastern, a 100-cr design engineering firm that has built facilities for firms like Reliance & Siemens.