Journalism of Courage
SP Group’s exit from Tata Group: Who can buy its stake, and how
September 24, 2020 9:07 am
Shapoorji Pallonji Group has told the Supreme Court their separation from the Tata Group is necessary, and the Tata Group has said they are willing to buy the stake of SP Group in Tata Sons.
SP Group to ‘vigorously contest’ Tata Sons move in SC against pledging shares
September 13, 2020 1:07 am
The Tatas have argued that the articles of association (AoA) stipulate that shares cannot change hands, including to lenders or other parties and the right of first refusal rests with Tata Sons.
Tata Power seeks shareholders' nod to raise Rs 2,600 crore from Tata Sons
July 07, 2020 3:39 pm
Earlier this month, Tata Power board approved a proposal to raise Rs 2,600 crore via issuance of preferential shares to Tata Sons.
Mistry Group seeks up to $1 billion by pledging Tata stake
March 31, 2020 12:34 pm
Mistry’s Shapoorji Pallonji & Co. had 90.2 billion rupees ($1.2 billion) of debt as of Sept. 30, according to rating assessor ICRA Ltd. A representative for Shapoorji Pallonji Group declined to comment.
Tata group commits Rs 1,500 crore to fight COVID-19, to make ventilators locally
March 29, 2020 7:13 am
While Tata Trusts, the major shareholder of Tata Sons, have committed Rs 500 crore, Tata Sons announced an additional Rs 1,000 crore in support towards fighting the COVID-19 outbreak and related activities.
Tata-Mistry dispute: SC stays NCLAT order dismissing RoC plea seeking modification of verdict
January 24, 2020 4:36 pm
Tata-Cyrus Mistry dispute: The Supreme Court said it would hear the matter along with the main plea filed by Tata Sons against NCLAT's verdict.
Relief for Tata Sons as SC stays NCLAT order on reinstating Mistry
January 11, 2020 3:36 am
In the only relief for the Mistry side, the court ordered that the Tatas will not exercise power under Article 75 of the ‘Articles of Association’ for pushing out shares of minority holders in the company.
SC stays NCLAT order reinstating Cyrus Mistry as executive chairman of Tata group
January 10, 2020 12:15 pm
The matter was listed before a bench of Chief Justice S A Bobde and Justices B R Gavai and Surya Kant
NCLAT reserves order on RoC plea in Tata-Mistry case for Monday
January 03, 2020 12:15 pm
During the proceedings, the Ministry of Corporate Affairs said it was discharging its duty and has not committed any illegality in conversion of Tata Sons from public to a private company.
Tata Sons moves SC against NCLAT order on reinstating Mistry as chairman
January 03, 2020 1:06 am
In its plea, Tata Sons has claimed that the NCLAT granted Mistry “various reliefs in a manner that is completely inconsistent with the annals of corporate law”, which “reflects non-appreciation of facts and is untenable in law”.
Tata Sons moves SC over Cyrus Mistry reinstatement as executive chairman
January 02, 2020 4:33 pm
On November 18, the NCLAT restored Mistry as Tata Sons executive chairman. However, the NCLAT had suspended its direction for Mistry’s reinstatement for four weeks, on a request by senior advocate Abhishek Manu Singhvi who appeared for Tata Sons.
Tata Sons chairman N Chandrasekaran: ‘We need accountability and supervision; we don’t need suspicion’
December 20, 2019 10:21 am
He spoke with Anant Goenka, Executive Director, The Indian Express Group, and Sunil Jain, Managing Editor, Financial Express, on his book Bridgital Nation, the economic slowdown and how the liquidity problem is largely behind us.
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