Articles about Cyrus Mistry

Win for Tata Sons; Supreme Court upholds Cyrus Mistry's sacking

26 Mar 2021

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.

SC stays NCLAT order reinstating Cyrus Mistry as Tata Chairperson

10 Jan 2020

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.

Tata Sons moves SC over Cyrus Mistry's reinstatement

02 Jan 2020

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.

'Victory of principles': Mistry after being restored as Tata chairman

18 Dec 2019

'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.

#MeToo: Former Taj Hotels' employee names then CEO as harasser

01 Nov 2018

#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.

#MeTooEffect: Tata Sons decide against renewing Suhel Seth's contract

29 Oct 2018

#MeTooEffect: Tata Sons decide against renewing Suhel Seth's contract

Tata Sons, the holding company of Tata Group, would not renew the contract of Suhel Seth, a spokesperson said on Monday.

Tata vs Cyrus Mistry: NCLT rules in Tata Sons' favor

09 Jul 2018

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.

Just 1 unit produced in June: End of Tata Nano?

05 Jul 2018

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.

It might be end of the road for Tata Nano

26 Nov 2017

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.

Tata pays $1.2bn penalty to Japan's NTT-DoCoMo, ending 3-year dispute

01 Nov 2017

Tata pays $1.2bn penalty to Japan's NTT-DoCoMo, ending 3-year dispute

Settling its three-year-long dispute with NTT DoCoMo, Tata Sons has paid $1.2bn (144.9bn Yen) to the Japanese telco to put an end to the bitter feud over their Indian telecom joint venture, Tata DoCoMo.

How Cyrus Mistry was fired as Tata Chairman?

22 Oct 2017

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.

Investors' nod to Tata Sons to become private limited company

21 Sep 2017

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.

Tata Sons buys Tata Motors' shares, eyes online grocery retail

20 Sep 2017

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.

Tata Nano may stage a comeback, as an electric car

27 Aug 2017

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.

Tata Sons to scrap all deals with Cyrus Mistry's group

17 Aug 2017

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.

Court initiates Rs 500 crore criminal defamation proceedings against Mistry

04 Jul 2017

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.

Tribunal says Mistry makes no case against Tatas

24 Apr 2017

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.

Delhi Taj Mansingh takeover battle: The Tata Group v ITC?

22 Apr 2017

Delhi Taj Mansingh takeover battle: The Tata Group v ITC?

With the Supreme Court allowing e-auction of Delhi's Taj Mansingh hotel, Tatas and ITC are likely heading for a fierce takeover battle.

NCLT quashes Mistry's waiver petition

17 Apr 2017

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.

Tata planning to export toned-down version of 1040 bhp truck

22 Mar 2017

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.

Tatas can force Mistry family to sell stake

28 Feb 2017

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.

Chandrasekaran announces strategic priorities for Tata Sons

22 Feb 2017

Chandrasekaran announces strategic priorities for Tata Sons

On his first day in office, Tata Sons Ltd's new chairman Natarajan Chandrasekaran outlined three strategic priorities for the group: bring the group closer and leverage collective strength; reinforce a leader's mindset in operating companies for greater rigour to capital allocation and deliver superior returns to shareholders.

N Chandrasekaran new Tata Sons chief from Feb 21

21 Feb 2017

N Chandrasekaran new Tata Sons chief from Feb 21

N. Chandrasekaran will assume charge as Tata Sons chairman on February 21. A day earlier, he was named TCS chairman, after serving as its CEO since 2009.

Tata Motors, Microsoft sign tech deal

16 Feb 2017

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.

Chandrasekaran elected Chairman of Tata Steel

08 Feb 2017

Chandrasekaran elected Chairman of Tata Steel

Tata Sons Chairman N Chandrasekaran has been elected as the chairman of the board of Tata Steel. Chandrasekaran said "I feel greatly honoured to be chosen as the Chairman and I accept this responsibility with a deep sense of humility."

Tata Sons' shareholders vote out Cyrus Mistry from board

06 Feb 2017

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).

Tata launch TAMO, first product in March

04 Feb 2017

Tata launch TAMO, first product in March

Tata Motors has launched a sub-brand named TAMO, focusing on passenger vehicles segment.

Tata steel looks to raise plant capacity

31 Jan 2017

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%.

Tata's new Chairman Chandrasekaran's litmus test

21 Jan 2017

Tata's new Chairman Chandrasekaran's litmus test

Chandrasekaran's appointment as group chairman is being keenly watched by industry leaders.

National Company Law Tribunal rejects Mistry's plea

19 Jan 2017

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.

A look back at the career of Natarajan Chandrasekaran

12 Jan 2017

A look back at the career of Natarajan Chandrasekaran

Following the ouster of Cyrus Mistry as the chairman of Tata Sons on 24th October 2016, Natarajan Chandrasekaran was appointed as the chairman of the $103 billion Tata group today, bringing an end to an 80 day-long saga.

Natarajan Chandrasekaran appointed as new Tata Sons chairman

12 Jan 2017

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.

The Top 10 business scandals of 2016

31 Dec 2016

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.

Wadia voted out of Tata Chemicals

24 Dec 2016

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.

After Wadia's ouster, Tata Steel shares drop by 3%

23 Dec 2016

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%.

Nuslia Wadia no longer Tata Steel director

22 Dec 2016

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.

Cyrus Mistry resigns from all listed Tata Companies

19 Dec 2016

Cyrus Mistry resigns from all listed Tata Companies

In a key development, Cyrus Mistry has resigned from six Tata Group Companies.

Wadia alleges mismanagement, files defamation-suit against Tatas

16 Dec 2016

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.

Friends turned foes: Wadia accuses Tata of wrongdoings

14 Dec 2016

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.

Cyrus Mistry seeks government intervention in Tata Trusts

05 Dec 2016

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.