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TATA TRUSTS VINDICATION
Tata Trusts calls 1989 share transfer allegations ‘baseless, malicious’ as regulator disposes complaintThe Maharashtra Charity Commissioner has dismissed a complaint against the Tata Trusts. The complaint questioned a 1989 share transfer from...
Tata-Mistry row: Tax tribunal suo moto junks negative remarks on Cyrus MistryIn the two-page corrigendum, the tribunal says, the error happened as para 37 in the first order had to be numbered as 47 on page 60. Accor...
ITAT rules in favour of Tata Education trust, disallows IT dept’s demand of over Rs 100 crEarlier, the Public Accounts Committee (PAC), in its report submitted to the Lok Sabha had noted that the Tata Trust was allowed an exempti...
View: The perfect 'mediator' who can put an end to Tata Sons-Cyrus Mistry feudBetween Tata Sons and Cyrus Mistry, a bigger issue would be to find the perfect mediator.
View: NCLAT ruling in favour of Mistry could push India Inc from the realm of law to business moralityThe rift threatens to push corporate India beyond the confines of the law to the realm of business morality.
Cyrus Mistry's ouster was a vindictive act of one person: Nusli Wadia"I am proud that I was the only independent director who believed in Cyrus and was opposed to his unjust removal," Wadia said.
Shock court order threatens legacy of Tata’s legendary dealmakerThe turmoil couldn’t have hit at a worse time for the $110 billion conglomerate.
Judgment a vindication of my stand, says Cyrus MistrySeeking to bury the past bitterness, Mistry in a statement said that it was now time that "all of us work together for sustainable growth a...
It is a victory for ensuring proper corporate governance: C Aryama SundaramThe National Company Law Appellate Tribunal's order reinstating Cyrus Mistry as the Tata Sons Chairman is a victory for efforts to ensure g...
Procedures not followed in Cyrus Mistry's ouster: NCLATTata Sons did not follow the required procedures for the conversion, NCLAT said, adding that the process laid out under Section 14 of the C...
It is a victory for ensuring proper corporate governance, says Mistry's counselIt’s a complete vindication for what they have been claiming, which is basically that there should be clear corporate governance for Tata S...
Income tax department cancels registration of six Tata TrustsCAG noted that the I-T dept had given "tax exemptions" to them, resulting in Rs 1,066 cr escaping tax.
NCLT dismisses Cyrus Mistry's plea against Tata SonsThe legal battle followed an ugly public spat between Mistry and Tata Group after he was sacked on Oct 24, 2016 after being at the helm for...
Ratan Tata welcomes NCLT verdictThe Mistry family owns over 18.34 per cent in Tata Sons, since the past six decades or so, making them the largest non-promoter shareholder...
NCLT verdict is a great relief but this is not end of the story: VR Mehta, Tata Trust“The allegation that Mr Tata interfering in affairs of the Tata Sons is totally unfounded.”
Tata Sons welcomes NCLT order dismissing Cyrus Mistry's pleaTata Sons hopes that a finality will be given to the judgement of NCLT, Mumbai by all concerned in the larger interest of companies, the sh...
Cyrus Mistry wins waiver at Appellate Tribunal to legally challenge Tata SonsThe family firms of Mistry- Cyrus Investments and Sterling Investments – are trying to press allegations of mismanagement and oppression of...
If I were Cyrus Mistry, I would look for an honourable settlement: Harsh GoenkaSince October 2016, when Cyrus was ousted as chairman of Tata Sons, he has been involved in a fractious litigation with the holding company...
With three rebuffs, Cyrus Mistry took two years to appoint MD for Tata MotorsAfter Butschek’s arrival, Mistry took a conscious decision to recede into the background except for attending product and design review mee...
- MFs introduce innovative marketing features to retain investors
In the face of sharp decline in asset base, some mutual fund houses are seeking to gain investor confidence by introducing newer marketing ...