AirAsia India fails to comply with companies act rulesTata Sons and Malaysian carrier AirAsia Berhad own 49 per cent each in the airline. The remaining 2 per cent is held by chairman S Ramadora...
AirAsia executives alerted board, Tatas about lapses in business practicesIndian rules allow foreign airlines to own up to 49% in domestic airlines but effective management control must remain with the Indian part...
AirAsia India's payouts to parent may add to its worriesMany of transactions — primarily aircraft lease rentals and maintenance reserve payments — are done at higher-than-market rates, according ...
New guidelines to roll out next year: Regulatory challenges to test expertise of CFOsIn the next one year, several new rules are being introduced, including the way tax is calculated and the way account statements are prepar...
Tata Sons increase AirAsia India stake to 41%The person, who requested anonymity, said the Tata Group may increase its stake in the Chennaibased carrier to 48 per cent eventually.
Long phase of restructuring and related write-offs is finally over: PK Ghose, Tata ChemicalsThe company posted consolidated net loss of Rs 74.2 crore after writing off Rs 198 crore towards permanent reduction in value of its assets.
- Tatas buy UK's largest manufacturer of salt
In a deal valued at £93 mn (about Rs 650 cr), Tata Chemicals’ European subsidiary Brunner Mond acquired Cheshire Salt, parent co of British...
- Tata Group acquires UK's Cheshire Salt Holdings
In a deal valued at about Rs 650 crore, Tata Chemicals European subsidiary Brunner Mond acquired Cheshire Salt Holdings, the parent company...
- We are still leaders in the domestic soda ash market: Tata Chemicals
PK Ghose, CFO, Tata Chemicals, in an interview with ET Now talks about the company’s future plans and affirms that the company still mainta...
- Traders hit as short-term credit rates stay high
Although commodity prices have fallen sharply over the past few months, meeting short-term credit requirements through buyer’s or supplier’...
- Import of soda ash from the US set to rise soon
In 1996, the US soda ash industry attempted to enter the Indian market through an export cartel Ansac. The Indian industry lobbied successf...
- Tata Chemicals buys US firm for $1 bn
Tata Chemicals has entered into a definitive agreement to buy the soda ash business of US-based General Industrial Products for $1 billion....
- BoR promoters to sell up to 10% every quarter
Under pressure from the Reserve Bank of India, promoters of private banks are bringing down their shareholdings.