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MISTRY FAMILY
Noel Tata’s IPO pushback said to trigger internal differences at Tata GroupA rift is emerging within the Tata conglomerate. Noel Tata opposes listing the parent firm, Tata Sons, despite upcoming Reserve Bank of Ind...- Care Ratings downgrades Goswami Infratech to B+Care Ratings downgraded Goswami Infratech’s NCDs citing delayed fundraising, extended redemption timeline, weak cash flows and refinancing ...
- ED case files in poll-bound West BengalThe Enforcement Directorate is actively investigating several money laundering cases across West Bengal. These probes target alleged corrup...
- Tata Trusts row deepens as vice-chairmen allege concealment, forced resignationTata Trusts is in the spotlight as CEO Siddharth Sharma demands the resignation of vice-chairmen Venu Srinivasan and Vijay Singh. The two m...
- M Pallonji Group gets IRDAI’s R1 nod for general insurance ventureThe M Pallonji Group has received R1 approval from IRDAI for its general insurance venture, partnering with Divya Sehgal and Federal Bank. ...
- Religion is no disqualification for trustees: Tata Trusts noteTata Trusts has opened its doors wider, confirming that non-Zoroastrians are eligible to serve as trustees of the Bai Hirabai JN Tata Navsa...
- Tata Trusts row deepens as Venu Srinivasan exits Bai Hirabai Trust amid eligibility challengeVenu Srinivasan has resigned from the Bai Hirabai Jamsetji Tata Navsari Charitable Institution. This move follows a dispute over his eligib...
- Shapoorji Pallonji seeks bondholder nod for LTV relief on earlier NCDsIn light of recent geopolitical unrest, the Shapoorji Pallonji Group is reaching out to bondholders for consent to adjust a crucial loan-to...
- View: Tata’s fights are going public. Why doesn’t its equity?Discord at India's Tata Sons is escalating, potentially jeopardizing its $300 billion empire. A family feud over a 18.4% stake held by the ...
- Tata Trusts places faith in Noel Tata as new chairmanNoel Tata has been appointed chairman of Tata Trusts, succeeding his half-brother Ratan Tata. The decision, made unanimously by the trustee...
- PFC seeks legal view on Shapoorji Pallonji promoters' Rs 15,000 crore loan askState-owned Power Finance Corp (PFC) is seeking legal counsel regarding the approval of a ₹15,000 crore loan to the promoters of the Shapoo...
- Ex-Tata Sons chief Cyrus Mistry killed in car crashThe Mistry family was already grieving, having recently lost family patriarch Pallonji Mistry. The death of his brother will make Shapoor M...
- Cyrus Mistry: A reclusive scion who fought for honour after being fired by TatasA south Mumbai low-profile boy, 44-year-old Mistry family scion was already heading companies in the Shapoorji Pallonji Group when he was a...
- Maha CM Shinde says Cyrus Mistry's death shocking, loss for entire business world"His death is a loss not just for the Mistry family, but for the entire business world," the CM said.
- Mistry family firms flag high debt level of Tata Steel and Tata MotorsThe Mistry family firms also criticised Tata Sons for not being transparent about sharing information. Tata Sons chairman N Chandrasekaran ...
- NCLT dismisses Cyrus Mistry family firms’ petition as it failed to make a ‘prima facie’ caseTribunal said that it was a misfortune that the petitioners could not make out any cause of action in any of the allegations, including Mis...
- After several exits, Tata Sons now seeks to oust Cyrus Mistry from boardRemoval of Cyrus Mistry will sever Mistry family’s direct involvement in the board decisions of Tata Group’s holding company.
- Friends, frenemies, foes: Twists in Tata-Mistry tiesA Tata observer said that the Mistry family's holding in Tata Sons and their presence on the board has often been a matter of discomfort fo...
- Ratan Tata is looking for a partner to buy out stake held by Cyrus Mistry's familyThe family trusts wants to ensure that if Mistry’s family decides to sell its stake in the Tata Group company, the new investor will be a f...
- Tata Sons: How Shapoorji Pallonji Mistry family checked into the groupJRD Tata’s youngest brother Dorab is said to have sold his shareholding in Tata Sons to the Mistrys in a fit of anger.
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