Cyrus Mistry seeks representation at Tata Sons in proportion to his family’s 18% stake. New Delhi: Today’s Supreme Court is expected to render its ruling on the cross-appeals filed by Tata Sons and Cyrus Investments against the corporate law court order that had restored Cyrus Mistry as CEO of the …
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Tata Sons’ stake in publicly traded companies is now worth Rs 9.28 trillion, up 34.4% year on year (YoY). Topics Tata Group | listed companies | Tata sons Tata Sons closed the calendar year as the largest promoter of listed companies in the country, ahead of the central government. For …
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NEW DELHI: After spending nearly a year listening to the high-stakes dispute between the Tata group and the Shapoorji Pallonji group, Chief Justice, SA Bobde, revealed on Monday that his defense son, Shrinivas Bobde, is running for a subsidiary from the SP group involved in a slum redevelopment project in …
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Image for representation. The government has substantially improved Air India’s sales conditions. It has offered for sale its 100% stake in AI and AI Express, instead of 76% on the first try, and the full 50% it owns in the AI-SATS ground handling joint venture. News18.com Last update: December 14, …
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NEW DELHI / MUMBAI: The Tata Group, India’s largest conglomerate, is believed to have made an expression of interest in troubled national carrier Air India over the weekend. The vehicle used to present the interest in AI is known to be AirAsia India, where Tata sons has a significant majority …
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MUMBAI: Tata sons on Thursday rejected the separate minority shareholder Shapoorji PallonjiThe proposal to exchange their 18.4% stake for company shares. list descending entities. The holding company of India’s largest conglomerate called the proposal “nonsense”, while informing the Supreme Court that “this type of relief cannot be granted” and that …
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The Tata Group rejected a truce offer from billionaire conglomerate Pallonji Mistry that suggested trading the Mistry family’s stake for $ 24 billion worth of shares in Tata’s listed companies. “It doesn’t make sense. This kind of relief cannot be given,” Tata’s lawyer Harish Salve said during a hearing before …
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MUMBAI: Tata sons opened a new battlefront with Shapoorji Pallonji (SP) on Tuesday, as he valued the minority shareholder’s 18.4% stake in the company up to 61% below the latter’s estimate. SP had valued its stake at Rs 1.78 million lakhs, while Tata Sons, in a Supreme Court filing on …
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NEW DELHI Malaysian airline AirAsia Berhad, which owns a 49% stake in AirAsia India, indicated on Tuesday that it could exit its joint venture with Tata Sons due to financial difficulties caused by the COVID-19 pandemic. “Our businesses in Japan and India have been running out of cash, causing the …
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Mumbai: the Shapoorji Pallonji (SP) group, which owns 18.4% of the shares of Tata Sons, presented a separation scheme in the Supreme Court on Thursday, under which it has proposed to reduce its stake in the latter in exchange of participation in the listed entities of the Tata group. “As …
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