TCS

Not hankering for office, fight is to save soul of India's largest conglomerate: Cyrus Mistry

Ousted Tata Group chairman Cyrus Mistry on Tuesday told shareholders of Tata Consultancy Services (TCS) in a letter that he is not hankering for office and his fight is to save the soul of India's largest conglomerate.

Dec 13, 2016, 16:13 PM IST

Cyrus Mistry's fate hangs in balance as shareholders of TCS vote today

A day after he was removed as the director and chairman of Tata Industries, Cyrus Mistry's fate hangs in balance as shareholders of Tata Consultancy Services (TCS) will go to vote on Tuesday to remove him as the company's director.

Dec 12, 2016, 22:01 PM IST

Cyrus Mistry misled selection committee, retracted on commitments: Tata Sons

In the latest, Tata Sons has accused Cyrus Mistry of misleading the selection committee set up in 2011 for selecting a chairman to succeed Ratan Tata.

Dec 11, 2016, 17:16 PM IST

Top 100 companies generated Rs 28L cr wealth in past 5 years: Study

In terms of market valuation, India's top 100 companies have generated Rs 28.4 lakh crore wealth in the past 5 years, as per a latest study. TCS, Tata Group's shining star in terms of generating revenue stands first in the list.

Dec 09, 2016, 17:24 PM IST

E-commerce firms to deduct 2% TCS while making payments to suppliers

E-commerce business firms will have to deduct TCS (tax collected at source) while making payments to their suppliers.

Nov 26, 2016, 22:53 PM IST

Cyrus Mistry does U-turn on Corus, TCS as Tata veterans trash claims

Springing to the defence of Ratan Tata, two retired group veterans - FC Kohli and B Muthuraman - Wednesday rubbished as "frivolous and incorrect" Cyrus Mistry's charges that the patriarch wanted to sell TCS and his ego had inflated Corus acquisition cost, leading to the ousted group chairman partially retracting his remarks.

Nov 23, 2016, 21:52 PM IST

First CEO of TCS FC Kohli denies ousted chairman Cyrus Mistry's sell claim

FC Kohli, former CEO and deputy chairman of Tata Consultancy Services (TCS) on Wednesday denied allegations by ousted chairman Cyrus Mistry that Tata Group planned to sell the IT firm to IBM.

Nov 23, 2016, 18:59 PM IST

Ratan Tata's ego led to bad business decisions, placed many jobs at risk: Cyrus Mistry

Hitting back at Tatas, ousted Chairman Cyrus Mistry on Tuesday rejected charges of not contributing anything to the group's cash-cows TCS and JLR and alleged that patriarch Ratan Tata once tried to sell the IT firm to IBM and his "ego" led to bad business decisions like Corus acquisition at double the original cost.

Nov 23, 2016, 15:18 PM IST

Ratan Tata wanted to sell Tata Groups' 'jewel' TCS to IBM: Cyrus Mistry

The latest arsenal thrown by Cyrus Mistry's office claims that there was a “near death experience' for the group's crown jewel TCS, when Ratan Tata had pitched for selling TCS to IBM.

Nov 22, 2016, 18:24 PM IST

Cyrus Mistry's conduct caused 'enormous harm' to TCS, stakeholders: Tata Sons

Upping the ante, Tata Sons on Monday asked shareholders of its most successful company TCS to remove Cyrus Mistry as director from the Board as he had caused "enormous harm" even as another group firm IHCL called shareholders' meet for the same purpose.

Nov 21, 2016, 20:46 PM IST

Cyrus Mistry caused enormous harm to the company, shareholders: TCS

IT major Tata Consultancy Services Limited (TCSL) on Monday pointed out that Tata Sons` ousted Chairman Cryus Mistry has caused enormous harm to the company and its shareholders.

Nov 21, 2016, 15:24 PM IST

Cyrus Mistry skips board meetings as TCS calls EGM to evict him

As the boardroom battle deepens in Tata Group, Cyrus Mistry, evicted Tata Sons chairman on Thursday skipped two key meetings of the group's holding company and its crown jewel Tata Consultancy Services (TCS).

Nov 17, 2016, 20:58 PM IST

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

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 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