As the slugfest between the Tata Group and ousted chairman Cyrus Mistry gets uglier with Tata Sons accusing the latter of making "unsubstantiated claims and malicious allegations" against the Indian conglomerate, here's a recap of events that you may have missed
There is muted exuberance among thousands of TCS employees, too
A report in the Economic Times said that Mistry in the letter criticised the decision and termed it as 'unparalleled in the annals of corporate history.'
Both the decisions occurred within a year of Cyrus Mistry taking over as group chairperson but now as Mistry's email to Tata Sons board members indicates he might have had little role in them.
Ratan Tata had great hopes for his hospitality business but the hotel chain hasn't been expanding as was originally envisaged
Soon after Mistry's ouster on Monday, Tata got in touch with the PMO and even sent Modi a letter, briefing him on the development
The day after Tata Sons removed Cyrus P. Mistry as the group's chairman, the issue appeared headed to the courts for what may likely be a messy legal battle.
Tatas will have to answer a lot of questions the days to come. This also includes questions from important government institutions such as LIC which are significant shareholders
The decision announced last week to open up aviation in India will make it easier for start-ups to fly overseas sooner
Most recently it was adjudged a close runner up in the ticketing bid for the Rio 2016 Olympics
It was founded in April 2015 by IIT-Kharagpur alumni
His rare outburst on Twitter against older airlines opposing any changes to the 5/20 rule has drawn the attention of friends and foes alike
This is Tata's eighth personal investment in a start-up in 2016 so far
Singh said all the airlines were asked 'to serve our great country before we got profitable rights to fly abroad'
He said lobbying for discriminating policies is reminiscent of monopolistic pressures by vested interests' entities who fear competition