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Cyrus Mistry was removed as chairman of Tata Sons without any prior intimation, says investment firms to NCLAT

Cyrus Mistry, who was the sixth chairman of Tata Sons, was ousted from the position in October 2016. He had taken over as the chairman in 2012 after Ratan Tata announced his retirement.
Firstpost - Published Also reported by •Zee News

Jet Airways board holds unscheduled meeting to discuss fundraising; chairman Naresh Goyal wants to retain control in airline

Naresh Goyal retaining control was reportedly a major issue that became a roadblock in Jet Airways talks with Tata Sons for a possible stake sale over a month ago.
Firstpost - Published

Videos for "Tata Sons"

R Gopalakrishnan on training better bosses | The Economist [Video]R Gopalakrishnan on training better bosses | The Economist  01:25

R Gopalakrishnan of Tata Sons explains why his company is working to train better bosses in this video from The Economist's Human Potential summit on September 14-15th 2011 in New York..

The Economist - Published

Tata Sons Chairman on Consolidation and Future of Jaguar [Video]Tata Sons Chairman on Consolidation and Future of Jaguar  04:27

Sep.07 -- Natarajan Chandrasekaran, Tata Sons Ltd. chairman, discusses streamlining the company's corporate structure and the future of Jaguar with Bloomberg's Amanda Lang on "Bloomberg Markets."

Bloomberg Global Business - Published

 

Nusli Wadia defamation case: Mumbai court issues notices to Ratan Tata, N Chandrasekaran, others

A local court has issued notices against Tata Sons former chairman Ratan Tata, present chairman N Chandrasekaran and eight directors of the group along with the group chief operating officer in a..
Firstpost - Published

Fraunhofer Representative Office India Organises 5th Fraunhofer Innovation and Technology Platform: ‘Digitalization – The Game Changer’

fraunhofer representative office india organises 5th fraunhofer innovation and technology platform: ‘digitalization – the game changer’
*Fraunhofer*, Europe's largest application-oriented research organization organised their *5th Fraunhofer Innovation and Technology (FIT) Platform* on Wednesday, December 5th in Bengaluru, India, where..
NewsVoir - Published

Cyrus Mistry camp questions affirmative vote of trustee nominee directors on Tata Sons board

Senior advocate CA Sundaram appearing on behalf of the Cyrus Mistry camp submitted before the NCLAT that through section 121 of AoA of Tata Sons, nominee directors have full power of the board to..
Firstpost - Published Also reported by •Zee News

NCLAT resumes hearing over batch of petitions filed by Cyrus Mistry camp against Tata group

The Mistry camp had challenged the 9 July order of the Mumbai bench of the NCLT which dismissed the pleas against his removal as Tata Sons chairman
Firstpost - Published

Skilling Excellence Celebrated at RSDC’s Award Ceremony

skilling excellence celebrated at rsdc’s award ceremony
With a view to recognise and applaud the sterling contributions made towards skill development in the Rubber value chain including plantation and manufacturing segments, *Rubber Skill Development..
NewsVoir - Published

Tata Sons to go slow on deal to acquire debt-laden Jet Airways, may seek non-compete agreement with Naresh Goyal

Tata Sons board may want a full-blown due diligence report by a reputed firm before taking a call to acquire debt-laden Jet Airways
Firstpost - Published

Amit Chandra resigns from Tata Trust

Bain Capital MD Amit Chandra resigned from the board of Sir Ratan Tata Trust (SRTT) as he wants to cut down on “non-Bain” activities and increase his engagement with his own philanthropic work.The..
IndiaTimes - Published

Tatas to go slow on deal to acquire debt-laden Jet Airways: Times of India

Indian conglomerate Tata Sons Ltd will go slow on a deal to buy Jet Airways (India) Ltd after some directors expressed reservations at an inconclusive board meeting last Friday, the Times of India..
Reuters India - Published

RBI strikes softer note with govt at board meet

The Reserve Bank of India (RBI) board ended its marathon nine-hour meeting on Monday on a conciliatory note — implying that the government and the apex bank will work together on transfer of..
DNA - Published

M&As can revive India's bleeding airline industry

Tata Sons has acknowledged its interest in Jet Airways, confirming persistent speculation about such a move but also said that no proposal has been made so far. However, aviation experts have begun..
DNA - Published

Jet Airways shares slump 7% after Tata Sons says no concrete 'proposal' made to acquire beleaguered airline

Jet Airways' shares dropped 6.88 percent to settle at Rs 323 on BSE. During the day, it tumbled 12.57 percent to Rs 303.25.
Firstpost - Published

Jet Airways shares fall 12.5% to Rs 303.05 as Tata Sons tamps down deal speculation with cash-strapped airline

Tata said on Friday it is only in preliminary talks with Jet Airways and has not made a proposal to acquire a stake in the debt-laden airline
Firstpost - Published

Jet Airways falls as Tata Sons tamps down deal speculation

Shares in Jet Airways (India) Ltd. fell as much as 12.5 percent to 303.05 rupees on Monday, their biggest intraday percentage loss since Aug. 10, after Indian conglomerate Tata Sons ended speculation..
Reuters India - Published

No proposal made for Jet, only preliminary talks: Tata Sons


newKerala.com - Published Also reported by •Sify

Tatas confirm talks with Jet, but board meet inconclusive

After a six-and-a-half-hour-long inconclusive board meeting—at which Chandrasekaran was to present a business viability plan—Tata Sons issued a statement that it was yet to make a “proposal” to..
IndiaTimes - Published

Tatas confirm 'preliminary' talks on Jet Airways; stock rallies 40% in 5 days

In a six-hour long marathon meeting held on Friday, the board members of Mumbai-based Tata Sons discussed the possibility of taking over the crisis-ridden Jet Airways. However, the company is yet to..
DNA - Published

Tata Sons only in preliminary talks with Jet Airways about a deal

Indian conglomerate Tata Sons Ltd said on Friday it is in preliminary talks with struggling Jet Airways Ltd but has not made a proposal to acquire a stake, cooling speculation that a deal was imminent.
Reuters India - Published

Tatas say no offer to Jet Airways yet, talks only preliminary; stock rallies over 40% in last 5 days

Tata Sons Friday said it has not made any concrete proposal for taking over the struggling carrier Jet Airways, and that it has held only "preliminary" discussions on the matter.
DNA - Published

No proposal made to Jet Airways for possible takeover, talks at preliminary level: Tata Sons

The financial crunch in Jet has resulted in delayed payments to its vendors and salaries to a section of its over 16,000 employees.
Zee News - Published Also reported by •Sify

Jet Airways' shares climb 14% ahead of Tata Sons board meet to discuss buyout of the cash-strapped airline

On Thursday, shares of Jet Airways had zoomed up to 26 percent on bourses.
Firstpost - Published

Jet Airways shares hit 5-month high as Tata Sons deal talks inch closer

The topic of acquiring Jet Airways will be discussed at the Tata Sons board meeting on Friday and the members may approve starting due diligence on the deal, a source familiar with the matter told..
IndiaTimes - Published Also reported by •Reuters India

Tata Sons wants to fly out of joint venture with AirAsia

Initial discussions to this end have begun, even as the conglomerate inches closer to a separate deal to acquire ownership stake in India’s second-biggest airline Jet Airways from its founder Naresh..
IndiaTimes - Published

Tata Sons board may meet today to consider proposal to bid for cash-strapped Jet Airways

The purchase of Jet Airways could transform India's largest conglomerate, Tatas from airline fringe player into the country's dominant, full-service international carrier.
Firstpost - Published

Tata Sons board meeting with Naresh Goyal-controlled Jet Airways today; will it snap up beleaguered airline?

The two sides are inching towards a two-step transaction that would first see Jet merging with Tata-SIA that runs Vistara through a share swap to form a new JV, which will have the Goyal family,..
Firstpost - Published

PM Modi urges Tatas to bail out cash-strapped Jet Airways: Sources

Tata Sons is believed to be in advanced talks with the government about a potential haircut from state-run banks on Jet's loans while the Airports Authority of India is willing to forgo some of its..
DNA - Published

Tata Sons board may discuss plans to snap up Jet Airways today

Media reports suggest that the parent company of Vistara, Tata-Singapore Airlines, is looking at all-stock merger with Jet Airways as part of the Tata group's plans to board Goyal's full service..
Zee News - Published

Jet Airways shares soar on reports deal with Tata is close

Shares of India's Jet Airways Ltd had their best day since listing on Thursday following media reports that the debt-laden airline was nearing a deal with Indian conglomerate Tata Sons Ltd.
Reuters India - Published

Tatas may decide on buying Jet Airways on Friday

"Tata Sons board is meeting tomorrow (Friday) to consider the proposal to bid for Jet Airways," people in the know of the development told PTI.
Rediff.com - Published

Tata Sons chairman to pitch to board on plan to buy Jet: report

Tata Sons Ltd Chairman N. Chandrasekaran is expected to present to the board on Friday a business viability plan on a proposed acquisition of cash-strapped Jet Airways, the Times of India reported,..
Reuters India - Published

Tata Sons to pitch for board’s backing to buy Jet

The plan will touch on long-term financial goals as well as on the proposed path for combining the acquired business with that of the group’s existing aviation interests, according to people close to..
IndiaTimes - Published

Analysis: Tata looks to reclaim the skies in Jet stake talks

Tata Sons Ltd is in pursuit of a controlling stake of debt-laden Jet Airways Ltd, a purchase which could transform India's largest conglomerate from airline fringe player into the country's dominant,..
Reuters India - Published

Tata Sons conducting due diligence on cash-strapped Jet Airways; is a buyout in the offing?

The proposal for snapping up stake in Jet Airways also comes at a time when Vistara in which Tatas has 51% stake is looking to fly overseas.
Firstpost - Published

Tata in active talks to buy majority stake in Jet Airways: sources

Indian conglomerate Tata Sons is in active talks to acquire a controlling stake in Jet Airways, four people aware of the talks told Reuters, in what could potentially be a lifeline for the debt-laden..
Reuters India - Published

Tata Sons deal in Jet unviable with Naresh Goyal in it says report

Although Tata may have started due dilligence to monitor assets in Jet Airways, the deal may not pursue with Naresh Goyal in it.
Sify - Published

'Tata Sons begins due diligence to buy Jet Airways'

Saurabh Agarwal, a chief financial officer of Tata Sons, is leading the discussions while Jet Airways is represented by its chairman Naresh Goyal, the newspaper said, citing the sources who it said..
IndiaTimes - Published

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