Guenter Butschek, CEO & MD
Tata Motors Ltd., said, 'We are happy to partner with
Tata Power for taking the first step in developing ubiquitous EV charging infrastructure in India.
Nallasenapathy, in an oral order, ruled that Cyrus was removed as
Tata Sons chairman because shareholders lost trust in him.
Extending this thought, we are happy to launch FTC Beauty Studio with
Tata Sky Beauty to help the audience learn and empower themselves to create their own Beauty recipe, with the best in class experts from the field of Fashion and Beauty.
Tata said that the deal would be completed once a number of outstanding conditions have been resolved, including transfer of contracts, certain government approvals and the satisfactory completion of financing arrangements.
Mistry's family holds the biggest share in
Tata Sons, with 19 percent.
Wadia is now fighting a criminal defamation suit against Ratan
Tata. Therefore, Chandrasekaran will also have to be careful while dealing with Wadia group companies as well as the Shapoorji Pallonji group.
"Media reports following Mistry's ouster suggested the influential
Tata family, which owns a majority stake in
Tata Sons through a series of trusts, was unhappy with some of his decisions as chairman.
Indian Hotels Co Ltd, the firm that runs the Taj Group of hotels, said an EGM has been called on December 20 to consider
Tata Sons' proposal to remove Mistry as director of the company.
Mistry, the 48-year-old former chairman of
Tata Group, had sent an email last week to all the board members of
Tata Sons, launching a scathing attack on what he termed as impractical ways of running the conglomerate, where the emotional quotient and personal passions of Ratan
Tata held sway over hard business decisions.
However, in July the sales process was put on hold, after
Tata confirmed it was exploring a possible merger of its entire European steel business with German industrial giant ThyssenKrupp.
Mistry, who became the chairman of
Tata Group in late 2012 after Ratan Tata stepped down, was the first chairman to be appointed from outside the family in 70 years. He was only the sixth chairman of the group, which is nearly 150 years old. Mistry was appointed more than a year before Ratan Tata retired.
September 3: Skewen v Glynneath; Newcastle Emlyn v Cardiff Met; Dunvant v Newbridge; Bedlinog v Glam Wdrs;
Tata Steel v Beddau; Pontypool v Narberth.
NTT DoCoMo has obtained an ex parte order from the Commercial Court in London for permission to enforce the $1.17-billion arbitral award it won against
Tata Sons.
Auto Business News-September 4, 2015--Tata signs five-year contract with
Tata Technologies
The Al Hashar Group and
Tata Motors recently launched the all-new next-generation
Tata PRIMA trucks at a glittering ceremony held on the lawns of the Inter-Continental Hotel, Muscat.