Tata Group

TCS board meets for first time under Ishaat Hussain, directors tight-lipped

The board of Tata Group's crown jewel TCS on Thursday met for the first time under the newly appointed Chairman Ishaat Hussain, but ousted chairman Cyrus Mistry, who continues to be a director, was not present.

Nov 17, 2016, 17:32 PM IST

Tata-Mistry battle: Key board meeting of 2 Tata group companies today

As the Tata-Mistry battle rages on, two key board meetings will be held here on Thursday including one to seek removal of the ousted group chairman from the board of crown-jewel Tata Consultancy Services.

Nov 17, 2016, 09:22 AM IST

Tata Global Beverages new head Harish Bhat reveals why Cyrus Mistry was removed by Tata Sons

Cyrus Mistry's "hostility" to primary promoters had led to his removal as chairman of Tata Global Beverages as it posed significant risk to the company's future performance, said the new head Harish Bhat.

Nov 16, 2016, 19:05 PM IST

Cyrus Mistry hits back at Tata Sons, says expenses rose due to Ratan Tata's jet, replacement of Nira Radia's firm

Ousted chairman Cyrus Mistry Tuesday rebutted Tata Sons' contention of expenses having risen under his four-year rule, calling it a "brazen attempt to mislead" public and shareholders and said "significant" costs were incurred for corporate jets used by Ratan Tata.

Nov 15, 2016, 17:42 PM IST

Management to do whatever required for dealing with situation arising after Cyrus Mistry ouster: Tata Sons

Hardening its stand, Tata Sons on Sunday said its management will do whatever is required to deal with the situation arising out of the ouster of Cyrus Mistry and wanted its independent directors to ensure future of Tata companies and interest of all stakeholders is protected.

Nov 13, 2016, 20:36 PM IST

'Tata Sons amended Articles of Association multiple times to give chairman free hand'

Tata Sons, the holding company of India's largest conglomerate Tata Group, had amended its Articles of Association (AoA) thrice in over one-and-half decade to give its chairman a free hand, sources close to the company said.

Nov 13, 2016, 19:36 PM IST

Mistry hits back at Tatas, says 'truly unfortunate' to question independence of directors

Terming Tata Sons' contention that group companies were "drifting away" under him as "furthest from truth", ousted chairman Cyrus Mistry today hit back at Tata Sons calling its criticism of independent directors, revered names in India Inc, as "truly unfortunate".

Nov 13, 2016, 18:50 PM IST

Tatas move to oust Cyrus Mistry from Tata Motors, Tata Steel and Tata Chemicals

Even after being removed as Chairman of Tata Sons, Mistry continues to head the group's several listed firms, including Tata Motors, Tata Power, Tata Steel and Tata Chemicals.

Nov 11, 2016, 23:10 PM IST

Tata Sons asks Tata Steel to hold EGM to remove Cyrus Mistry, Nusli Wadia

Tata Steel on Friday said it has been directed by promoter, Tata Sons, to convene an extraordinary general meeting (EGM) to remove the steel major's Chairman Cyrus P Mistry and independent director Nusli N Wadia.

Nov 11, 2016, 17:54 PM IST

Tata Sons asks Tata Motors to convene EGM for Cyrus Mistry, Nusli Wadia removal

Taking estranged former chairman Cyrus P Mistry head on, Tata Sons on Friday sought his removal as well as that of the group's friend-turned-foe Nusli N Wadia from the board of Tata Motors.

Nov 11, 2016, 16:42 PM IST

Ratan Tata is a disgrace to the Tata family: Subramanian Swamy

Bharatiya Janata Party(BJP) leader and MP from Rajya Sabha Subramanian Swamy on Friday alleged that Ratan Tata is a corrupt person and termed him a disgrace for the Tata family.

Nov 11, 2016, 14:24 PM IST

Sexual harassment case against Taj CEO behind Cyrus Mistry's ouster?

Cyrus Mistry, who was ousted as Chairman of Tata Sons in a surprise move last month, has taken a lot of dramatic turns in the last couple of days.

Nov 11, 2016, 05:52 AM IST

Tata Sons have no genuine reason for expelling me, says Cyrus Mistry

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Nov 10, 2016, 22:52 PM IST

Ahead of board meet to be chaired by Cyrus Mistry, Ratan Tata meets Tata Motors union leaders

Ahead of the crucial board meeting of Tata Motors next week, the group's interim chairman Ratan Tata Thursday met the employee unions from the company's biggest plants.

Nov 10, 2016, 20:41 PM IST

Tata ousts Cyrus Mistry as TCS Chairman; calls meeting to remove him from IHCL too

In sharp escalation of boardroom battle at Tata Group, patriarch Ratan Tata-led holding entity removed Cyrus Mistry as Chairman of TCS, the conglomerate's most successful firm, and called a shareholders meet to remove him from IHCL that runs Taj hotels.

Nov 10, 2016, 19:52 PM IST