Cyrus Mistry: News
08 Sep 2022Mumbai
Cyrus Mistry death: Car driven at 100kmph, highway under scanner
Business tycoon Cyrus Mistry's car was going at 100 kilometers per hour (kmph) before the driver hit the brakes, Mercedes revealed on Thursday.
06 Sep 2022Nitin Gadkari
Cyrus Mistry death: Gadkari on seat belts, faulty road reports
Expressing shock at industrialist Cyrus Mistry's death in a car crash, Union Road Transport and Highways Minister Nitin Gadkari on Monday blamed faulty road project reports for many accidents in India.
06 Sep 2022Road Accidents
Cyrus Mistry death: Last rites of industrialist in Mumbai today
The last rites of business tycoon and ex-Tata Sons chairman Cyrus Mistry—who died in a car crash on Sunday—were performed at Mumbai's Worli Crematorium on Tuesday.
05 Sep 2022Tata Sons
Cyrus Mistry death: Road ahead for $30B Shapoorji Pallonji Group
The 157-year-old Shapoorji Pallonji Group was dealt a significant blow on Sunday as its youngest scion Cyrus Mistry passed away in a car accident.
05 Sep 2022Maharashtra
Cyrus Mistry death: No seatbelt, car was overspeeding before crash
Cyrus Mistry, the former Tata Sons chairman who died in a car crash in Maharashtra on Sunday, was reportedly not wearing a seatbelt.
04 Sep 2022Maharashtra
Cyrus Mistry: A young tycoon who once headed Tata Group
The former Chairman of Tata Sons Cyrus Mistry was killed in a road accident on Sunday after his Mercedes car rammed into a divider in Maharashtra's Palghar district, which borders Mumbai.
04 Sep 2022Tata Sons
Former Tata Sons Chairman Cyrus Mistry dies in car accident
Former Tata Sons chairman and industrialist Cyrus Mistry has died in a car accident near Mumbai.
26 Mar 2021Supreme Court Of India
Win for Tata Sons; Supreme Court upholds Cyrus Mistry's sacking
The Supreme Court on Friday set aside an order of the National Company Law Appellate Tribunal (NCLAT) reinstating Cyrus Mistry as the Chairperson of Tata Sons Limited.
10 Jan 2020Supreme Court Of India
SC stays NCLAT order reinstating Cyrus Mistry as Tata Chairperson
Weeks after the National Company Law Appellate Tribunal (NCLAT) reinstated Cyrus Mistry as the Executive Chairperson of Tata Group, the Supreme Court stayed the tribunal's order citing "basic errors" in it.
02 Jan 2020Supreme Court Of India
Tata Sons moves SC over Cyrus Mistry's reinstatement
Tata Sons Ltd on Thursday moved the Supreme Court against the reinstatement of Cyrus Mistry as Executive Chairman of the company.
18 Dec 2019Ratan Tata
'Victory of principles': Mistry after being restored as Tata chairman
In a surprise move, the National Company Law Appellate Tribunal (NCLAT) on Wednesday restored Cyrus Mistry as the executive chairman of the Tata Group.
01 Nov 2018Sexual Harassment
#MeToo: Former Taj Hotels' employee names then CEO as harasser
In November 2015, a Taj Hotels employee resigned and in letter alleged the then CEO and MD, Rakesh Sarna sexually harassed her.
09 Jul 2018Ratan Tata
Tata vs Cyrus Mistry: NCLT rules in Tata Sons' favor
In what seems to be a decisive verdict in the Tata Sons-Cyrus Mistry case, the Mumbai bench of the National Company Law Tribunal (NCLT) has ruled in favor of Tata Sons, dismissing Mistry's pleas challenging his removal as the chairman of the group.
05 Jul 2018Tata Sons
Just 1 unit produced in June: End of Tata Nano?
There's been a lot of speculation about the fate of Tata Nano over the last year.
26 Nov 2017India
It might be end of the road for Tata Nano
The Tata Nano, the cheapest car launched in India in a decade, is likely to exit the market soon.
22 Oct 2017Ratan Tata
How Cyrus Mistry was fired as Tata Chairman?
On October 24, 2016, former Tata Sons chairman Cyrus Mistry was suddenly removed from his position. It was the first time Tata Sons had publicly removed a chairman.
21 Sep 2017Tata Trusts
Investors' nod to Tata Sons to become private limited company
Tata Sons shareholders have approved its conversion into a private limited company. It came after NCLAT allowed Cyrus Mistry's family firms to file a case against Tata Sons.
20 Sep 2017India
Tata Sons buys Tata Motors' shares, eyes online grocery retail
Tata Sons purchased 1.7% shares of Tata Motors worth Rs. 2,000 crore at a premium of 4% over Monday's closing price.
27 Aug 2017Electric Vehicles
Tata Nano may stage a comeback, as an electric car
Tata Nano, which was released among much fanfare, has lost its steam over the years. Not only have the sales dwindled to an abysmal low, several allegations on the model have made it a tough sell.
17 Aug 2017Tata Sons
Tata Sons to scrap all deals with Cyrus Mistry's group
Under chairman N Chandrasekaran's directions, the board of Tata Sons has ordered its group companies to scrap all business dealings with Cyrus and Shapoor Mistry's Shapoorji Pallonji Group.
04 Jul 2017Mumbai
Court initiates Rs 500 crore criminal defamation proceedings against Mistry
A Mumbai metropolitan court has initiated criminal defamation proceedings against ex-Tata Group chairman Cyrus Mistry, his brother Shapur Mistry and their firms.
24 Apr 2017Ratan Tata
Tribunal says Mistry makes no case against Tatas
The National Company Law Tribunal stated that petitions filed by shareholders linked to Cyrus Mistry, have made no case against the Tata group.
17 Apr 2017Ratan Tata
NCLT quashes Mistry's waiver petition
Cyrus Mistry's petition that alleged mismanagement and oppression of minority shareholder interests suffered badly as the National Company Law Tribunal declined to grant "waiver to Cyrus Mistry's family firms on the minimum shareholding requirement to petition" against Tata Sons.
22 Mar 2017Pune
Tata planning to export toned-down version of 1040 bhp truck
Giving a push to its commercial vehicles business, Tata Motors is planning to export a toned-down version of its 1040 bhp truck that it recently showcased at a race in Noida.
28 Feb 2017Ratan Tata
Tatas can force Mistry family to sell stake
By passing a special resolution, Tata Sons Ltd may ask the Mistry family firms to exit the shareholders' group after 50 years of association.
16 Feb 2017Pune
Tata Motors, Microsoft sign tech deal
In a joint statement, Tata Motors and Microsoft India said they would engage in strategic collaboration in technology to improve drivers' experience.
06 Feb 2017Ratan Tata
Tata Sons' shareholders vote out Cyrus Mistry from board
On Monday, the shareholders of Tata Sons Ltd., controlled by Tata Trusts and Tata Companies, together voted to oust Cyrus Mistry as a director in an extraordinary general meeting (EGM).
04 Feb 2017Pune
Tata launch TAMO, first product in March
Tata Motors has launched a sub-brand named TAMO, focusing on passenger vehicles segment.
31 Jan 2017India
Tata steel looks to raise plant capacity
Tata Steel MD T.V. Narendran said the company is looking to ramp up the contribution of direct sales to consumers from 20% of revenue to 30%.
19 Jan 2017Ratan Tata
National Company Law Tribunal rejects Mistry's plea
The National Company Law Tribunal has dismissed pleas by 2 companies owned by the Mistry family which alleged violations of NCLT directives in removing Mistry from Tata Sons' board.
12 Jan 2017Ratan Tata
Natarajan Chandrasekaran appointed as new Tata Sons chairman
N.Chandrasekaran, the CEO and managing director of TCS has been appointed the new chairman of Tata Sons. He took over as TCS CEO in 2009.
31 Dec 2016Ratan Tata
The Top 10 business scandals of 2016
Businesses across the world have faced their share of scandals this year, ranging from sexual harassment, to fraud, to providing politically biased news.
24 Dec 2016Ratan Tata
Wadia voted out of Tata Chemicals
Nusli Wadia was voted out of the board of Tata Chemicals with over 75% of the votes going against him; Wadia was also voted out of the board of Tata Steel with over 90% of votes going against him.
23 Dec 2016Ratan Tata
After Wadia's ouster, Tata Steel shares drop by 3%
Following the ouster of independent director Nusli Wadia from the board of Tata Steel, the company's shares dropped down over 3%.
22 Dec 2016Ratan Tata
Nuslia Wadia no longer Tata Steel director
Independent director of Tata Steel on Thursday said that Nusli Wadia was removed from its board; 90.8% of the votes favoured his ouster.
19 Dec 2016Ratan Tata
Cyrus Mistry resigns from all listed Tata Companies
In a key development, Cyrus Mistry has resigned from six Tata Group Companies.
16 Dec 2016Ratan Tata
Wadia alleges mismanagement, files defamation-suit against Tatas
Nusli Wadia alleged that the management of Tata Chemicals coerced directors ahead of the EGM to side with Tata Sons instead of Cyrus Mistry.
14 Dec 2016Ratan Tata
Friends turned foes: Wadia accuses Tata of wrongdoings
Following the ouster of Tata Sons Chairman Cyrus Mistry, an old confidante, Nusli Wadia, targeted Ratan Tata.
05 Dec 2016Ratan Tata
Cyrus Mistry seeks government intervention in Tata Trusts
After being ousted from Tata Sons, Cyrus Mistry asked the government to mediate in the affairs and business decisions of the Indian conglomerate.
30 Nov 2016Ratan Tata
Tatas look to bring old guns to head key companies
Sources said that Tata Sons is considering bringing back veterans to head key group companies in light of the Tata-Mistry split.
28 Nov 2016Ratan Tata
Wadia, Mistry to contest removal from Tata Motors
Nusli Wadia and Cyrus Mistry will contest the proposal to remove them from Tata Motors; Tata Sons called for an EGM of Tata Motors to take stock of the Tata-Mistry fall-out.
27 Nov 2016Ratan Tata
Tata-Mistry spat continues unabated
Sources have revealed that Cyrus Mistry and Nusli Wadia are likely to address the Tata Steel EGM; sources said that both Wadia and Mistry intend to make a written and oral presentation to shareholders.
25 Nov 2016Ratan Tata
Cyrus Mistry fired as Tata Steel Chairman
After Tata Power and Tata Chemicals, Tata Steel's board expelled Cyrus Mistry as their Chairman.
25 Nov 2016Ratan Tata
Harish Manwani to lead Tata Group?
Sources revealed that former Unilever COO Harish Manwani is being considered as a candidate to possibly lead the Tata Group as new Chairman.
24 Nov 2016Ratan Tata
Mistry makes U-turn as TATA veterans dispute his claims
FC Kohli, TCS's first CEO rubbished Mistry's claims about wanting to sell TCS to IBM; Mistry responded saying he meant that only Ratan Tata and not the group wanted to sell TCS.
23 Nov 2016Ratan Tata
Mistry rattles the Tatas: Of selling TCS and $12bn Corus-deal
Hitting back at Tatas, in a third letter clarifying his stance ousted Chairman Cyrus Misty rebuffed claims of not having contributed to TCS and JLR - the Tata cash cows.
18 Nov 2016Ratan Tata
TCS shareholders to vote for Mistry's removal
Tata Consultancy Services has become the first group company to call a shareholders meet to decide upon Cyrus Mistry's removal; the meeting is scheduled for 13 December.
17 Nov 2016Ratan Tata
Tata Global Beverages replaces Cyrus Mistry as Chairman
Tata Global Beverages informed stock exchanges their board decided to replace Cyrus Mistry as Chairman by a majority vote.
14 Nov 2016Ratan Tata
Mistry defends independent directors
Cyrus Mistry lambasted Tata Sons for questioning the loyalty of the independent directors of Indian Hotels Limited and Tata Chemicals; Mistry contended that six out of the nine directors were appointed under Ratan Tata's leadership and two were trustees of the Ratan Tata Trust.
14 Nov 2016India
Tata Steel reports loss for September quarter
Tata Steel posted a loss of Rs.49.38 crore in the quarter that ended on 30 September, attributed mainly to poor performance of its UK steel business.
13 Nov 2016Ratan Tata
2 unions of Tata Motors support Ratan Tata
Two unions of Tata Motors, representing over 16,000 workers, came out in support of Ratan Tata ahead of a board meeting of the company.
12 Nov 2016Ratan Tata
Mistry still Tata Steel head; Board deeply divided on Mistry
At the Tata Steel board meeting, independent directors remained split on the question of supporting Chairman Cyrus Mistry.
11 Nov 2016Ratan Tata
Tata's attempt to remove Mistry from all group companies.
After removing Cyrus Mistry from the board of Tata Consultancy Services, the Tata Sons group is making attempts to remove Mistry from the boards of all group companies.
10 Nov 2016Ratan Tata
TCS: Mistry to be replaced by Ishaat Hussain
Tata Sons has directed their group company Tata Consultancy Services to appoint Ishaat Hussain as their new interim chairman in place of Cyrus Mistry.
08 Nov 2016Ratan Tata
Govt to take stock of Tata-Mistry dispute
Finance Minister Arun Jaitley has summoned the independent directors of Tata Group Companies to take stock of the fall-out of the Tata-Mistry split.
07 Nov 2016Donald Trump
What made news last week?
The Samajwadi Party's infighting showed no signs of abating, spilling over into the party's silver-jubilee celebrations.
05 Nov 2016Ratan Tata
Indian Hotels Company's 6 directors publicly repose faith in Mistry
6 independent directors of Indian Hotels Company (IHCL) publicly showed faith in Cyrus Mistry's management ahead of the scheduled board meeting.
04 Nov 2016Ratan Tata
Turbulent times continue at Tatas
Sources stated that the Mistry family does not wish to sell the 18.5% stake it has in Tata Sons.
02 Nov 2016Ratan Tata
Mistry remains chairman of 2 Tata group units
The Tata empire seemed to be in jeopardy as Cyrus Mistry remained the chairman of 2 group units; Tata Sons doesn't hold a majority in Tata Power and Tata Motors.
01 Nov 2016Ratan Tata
Was Cyrus Mistry right about the allegations against Tata Group?
Chronicling the many allegations made by Cyrus Mistry, a report studied the facts to check if they were right.
31 Oct 2016Ratan Tata
Mistry may be covered by Tata Director's Insurance
Reports indicate that Cyrus Mistry may be covered by a Director's insurance policy purchased by Tata sons, to protect top level management from legal action initiated by shareholders, employees or authorities.
30 Oct 2016Mumbai
Tata Steel: European steel business sale plans unchanged
With the removal of Cyrus Mistry from Tata Group's board, the company attempted to allay fears surrounding its European steel business consolidation.
30 Oct 2016Ratan Tata
More resignations; Tata, Mistry meet PM
Tata Public Affairs Head Madhu Kannan and Group Strategy Executive Nirmalya Kumar resigned in solidarity with Cyrus Mistry.
28 Oct 2016Ratan Tata
Tata loses over Rs.44,000 crore market cap in 3 days
Amid the ongoing controversy surrounding Cyrus Mistry's hurried exit from Tata, the company lost over Rs.44,000 crore worth of market capitalization in just 3 days.
27 Oct 2016Ratan Tata
Pushed into the position of 'lame duck' chairman: Cyrus Mistry
Following his dismissal, Tata Sons Ex-Chairman Cyrus Mistry has leveled several allegations against Ratan Tata and Tata Sons.
26 Oct 2016Ratan Tata
TCS, JLR CEOs elevated, Mistry's decisions to be reviewed
N Chandrashekaran of TCS and Ralf Speth of Jaguar Land Rover have been elevated to board positions in Tata's holding company, signalling possible considerations for one of them replacing Cyrus Mistry.
25 Oct 2016Ratan Tata
Tata Sons Rejig: Cyrus Mistry removed, Ratan Tata replaced him
In a surprising move, Tata Sons Chairman Cyrus Pallonji Mistry has been replaced by Ratan Tata as Interim Chairman.