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TATA GROUP FEUD
Tata-Mistry feud: Two bereavements may pave the path to rapprochementThe dynamics between the Tata Group and the Mistry family's SP Group may shift after Ratan Tata's passing. With key figures no longer invol...- Tycoon Mistry’s SP Group weighs $2 billion asset salesSP Group is working with an adviser to seek buyer for its holdings in Afcons Infrastructure Ltd., a Mumbai-based infrastructure constructio...
- Tata rejects Mistrys’ share-swap separation offer as ‘nonsense’“It’s nonsense. This kind of relief cannot be granted,” Tata’s lawyer Harish Salve said during a hearing before India’s Supreme Court on Th...
- View: A lasting resolution between Ratan Tata and Cyrus Mistry is the only way forwardThe four weeks, which the NCLAT has allowed for an appeal before the SC, perhaps present an opportunity.
- Co-founder thrown out, Usha Martin family feud reaches breaking pointThere was a family feud raging in the company that counts itself among the world's biggest wire rope makers.
- NCLT order in Tata-Mistry case to be announced on July 9The case relates to two-year-old feud between Tata Sons and Cyrus Mistry, who was axed as Tata Sons chairman in October 2016.
- Mistry row verdict today, but Tata firms long moved out of its shadowMumbai bench of NCLT will pronounce the verdict in the matter later on Wednesday.
- Tata feud with Cyrus Mistry deepens with plan to change holding firmLast year, patriarch Ratan Tata ousted Cyrus Mistry as chairman of Tata Group, sparking India’s biggest corporate showdown in years.
- Sebi seeks changes in Companies Act; independent directors’ ouster may get tougher nowThis comes in the wake of Nusli Wadia’s removal by Tatas from 3 listed cos — Tata Chemicals, Tata Motors and Tata Steel — following a board...
- Ratan Tata writes to group employees, calls them "inheritors, custodians" of Tata TrustsThe charitable trust owns 66 per cent of Tata Sons, the holding entity of all companies controlled by the salt-to-software conglomerate.
- Eye on Tata company stocks: 'Change at the top alone can’t trigger rally'Experts feel external factors have affected Tata scrips more than the Cyrus Mistry-Ratan Tata rift.
- Ratan Tata says no plan to step down from Tata Trusts' chairmanshipRatan Tata said that he is keen that a process should be in place for a smooth succession at an appropriate time.
- Look at official records, not hearsay allegations: R Venkataramanan, Managing Trustee, Tata TrustsVenkataramanan has refuted Cyrus Mistry’s allegations on his ‘role’ in loans given to Sivasankaran companies and AirAsia India irregulariti...
- Tata Group feud: Tata camp may hold the edge in group companies’ EGM voteET spoke to six large shareholders of group firms including mutual funds and insurance companies to get a sense of how the vote may go.
- Former Defence secretary Vijay Singh rejects Cyrus Mistry's charge on role in AgustaWestland scamEarlier in the day, Mistry had alleged: "As Defence Secretary, Singh was a key official involved in award of Rs 3600 crore VVIP helicopter ...
- Cyrus Mistry's talk on Tata Trusts is travesty, says Vijay SinghSingh, who chaired the Tata Sons board meet in which Mistry was voted out, refuted claims that the Tata Trusts took any “undue interest” in...
- Cyrus Mistry's presence in Tata Group boards is disruptive: Ratan TataWhile Tata Sons blamed Mistry's underperformance as the reason for the sacking Mistry has accused Ratan Tata of weakening corporate governa...
- Cyrus Mistry's office says Ratan Tata wrongfully seeking to corner glory for JLR's turnaroundThe credit instead should go to the team who worked tirelessly with Ravi Kant and Ralf Speth in turning around JLR, Mistry's office said.
- Cyrus Mistry unlikely to legally challenge his ouster as the chairman of Tata SonsWhile Mistry feels legally he is on “strong ground” since procedures were not followed in his ouster, challenging that in court may not ser...
- 'Tatas, Mistry's back and forth distraction from core issue'Further, the contrarian positions of Tata Sons and the two listed companies on the issue is further confusing investors, it added.
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