“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...

The 18.4% stake owned by Mistry family in Tata Sons Pvt. is worth as much as 800 billion rupees ($10.9 billion), Tata’s lawyer Harish Salve...

"I am proud that I was the only independent director who believed in Cyrus and was opposed to his unjust removal," Wadia said.

The case relates to two-year-old feud between Tata Sons and Cyrus Mistry, who was axed as Tata Sons chairman in October 2016.

Mumbai bench of NCLT will pronounce the verdict in the matter later on Wednesday.

The over 18 per cent stake makes the Mistry group as the single largest shareholder in countrys largest corporate entity, though.

Last year, patriarch Ratan Tata ousted Cyrus Mistry as chairman of Tata Group, sparking India’s biggest corporate showdown in years.

Cyrus Mistry was forced out from the chairmanship of Tata Sons last October, and has since been embroiled in a public spat with the group.

Experts feel external factors have affected Tata scrips more than the Cyrus Mistry-Ratan Tata rift.

Both sides have met senior government ministers and officials to seek support.

Wadia group chairman seeks withdrawal of allegations, says will initiate proceedings against co if it fails to prove charges.

While Mistry feels legally he is on “strong ground” since procedures were not followed in his ouster, challenging that in court may not ser...

Curbing Mistry's power is one of the items on agenda and the board will also discuss developments over past few weeks, since the ouster of ...

On a standalone basis, Tata Motors’ net loss widened to Rs 631 crore for the quarter under review from Rs 289 crore reported for the year-a...

Seeking ouster of Cyrus Mistry as director of these firms, Tata Sons has sought extraordinary general meetings of shareholders.

Further, the contrarian positions of Tata Sons and the two listed companies on the issue is further confusing investors, it added.

Sources said Foreign Portfolio Investors (FPIs) and other overseas entities are approaching regulator Sebi in the wake of the ongoing board...