As a step to protect its interest as a lender, SBI will look at the financial stability and corporate governance practices in companies where it has exposure
Here's a recap of what you may have missed over the weekend
On 24 October, Tata group removed Cyrus Mistry as chairman, a move that took the entire business community by surprise
Ratan Tata had lashed out at him saying Mistry's removal was 'absolute necessary' for group's future success
It is foolhardy for even an executive chairman to think that he could take decisions on his own.
Ratan Tata wants to honour 2009 contract
Veterans Prasad Menon, S Padmanabhan inducted; Mukund Rajan, Harish Bhat, Katragadda and Srinath also brought in
Tata may turn out to be dead right on various issues over which Mistry has clashed with him. But this is no way to handle succession
Setting up the new management structure will be one of Tata's first steps since he returned as interim chairman, four years after stepping down and appointing Mistry in his place.
In a letter to employees, Tata says group firms have to focus on leading rather than following
What is the succession plan for the 263,862 Tata Sons promoter shares owned by seven Tata Trusts?
Both families are pillars of the Parsi community, comprised of descendants of Persians who first landed in India in the ninth century.
Noel was one of the contenders for the top position in 2011, but the succession panel led by Ratan Tata picked Mistry as chairman.
The unions are opposed to the company's proposals regarding the pension scheme and future capital investment
Tata Group currently commands a listed market capitalisation of over $125 billion (close to Rs 8.5 lakh crore)
He reiterated that he had assumed the role of the Interim Chairman for stability and continuity so that there is no vacuum.
Media sources said that Ratan Tata and Tata Sons were not informed about major business decisions
Mistry had in a letter to the board earlier this week said he was made a lame duck chairman
Mistry alleged that a 'realistic assessment' of the group's portfolio would require $18 billion in writedowns
Industry Analysts expect Vistara & AirAsia India, both part-owned by Tata, to enjoy fresh cash and expansion plans