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Tuesday, July 14, 2020

Tata Group

TATA GROUP NEWS

Budget 2020: 150 private trains on Indian Railways map; Tatas ‘interested’

February 02, 2020 10:06 am

The government is expecting an investment in rolling stock to the tune of at least Rs 22,500 crore, and Railways is hoping to earn through licence fee and haulage charges by leasing out 100 traffic-heavy routes to private players, who will operate 150 trains.

Nusli Wadia withdraws defamation case against Ratan Tata, others

January 14, 2020 4:10 am

A Bench headed by Chief Justice SA Bobde, while disposing of Wadia’s appeal, allowed him to withdraw the defamation case — including the Rs 3,000-crore suit for damages — after recording that Tatas had no intention to defame Wadia.

NCLAT dismisses RoC plea, refuses to modify order on Cyrus Mistry reinstatement

January 07, 2020 4:43 am

On December 18, the NCLAT had directed to reinstate Cyrus Mistry as the executive chairman of Tata Group and also termed conversion of Tata Sons from a public company to a private one by the RoC as “illegal”.

Not interested in getting back to Tata group in any capacity: Cyrus Mistry

January 05, 2020 10:25 pm

His statement comes ahead of the Supreme Court's hearing on an urgent petition filed by Tata Sons, seeking to set aside the NCLAT order reinstalling him as the group chairman and also in the board of group companies.

Cyrus Mistry reinstatement: RoC seeks modification in NCLAT judgment

December 24, 2019 4:45 am

The RoC has in its plea also said that as the NCLAT had not stayed the operative part of the National Company Law Tribunal (NCLT) order, the department acted in a “bonafide manner based on due application of mind”.

Tata group shares trade steady after NCLAT order

December 19, 2019 12:30 pm

Shares of Tata Steel BSL, Tata Power, Tata Elxsi, Tata Steel, Tata Investment Corporation, Tata Steel Long Products, Tata Coffee and Titan Company were trading lower in the range of 0.16 per cent to 1.10 per cent on the BSE at 11:00 am.

NCLAT restores Cyrus Mistry as Tata chairman, calls ouster illegal

December 19, 2019 4:49 am

Tata Sons denies wrongdoing, says order goes beyond relief sought

From Cyrus Mistry's sacking to NCLAT restoring him as Tata Sons head: A chronology of events

December 18, 2019 6:45 pm

Mistry, a scion of wealthy Shapoorji Pallonji family, was in a coup removed as Chairman of Tata Sons in October 2016. He was the sixth chairman of Tata Sons and had taken over in 2012 after Ratan Tata. He was later also removed as director on board of Tata Sons.

Various Tata Group stocks tank after NCLAT restores Cyrus Mistry as Tata Sons head

December 18, 2019 5:14 pm

Tata Global Beverages tanked 4.14 per cent, Tata Coffee plunged 3.88 per cent and Tata Motors dropped 3.05 per cent on the BSE. Tata Motors was the top loser among the BSE Sensex constituents.

Taj Hotel chain to sell assets as economy weakens

August 08, 2019 5:01 pm

Indian Hotels Co., Tata’s listed firm that operates the Taj brand, plans to dispose of certain budget inns in the nation’s non-metro areas and lease them back for a fee.