The analysis is based on the annual audited consolidated finances of all listed Tata Group firms for the respective financial years
In restoring Cyrus Mistry, NCLAT failed to consider the implications of the order, Tata Sons said in their appeal
The NCLT had used words in remarks which includes "heart burn", "settle their score", "prejudicial to the interest of the company", "sovereign authority", "his way is highway" etc in its order.
If all those decisions are null and void, the group's business will be in a mess, an official pointed out.
The Registrar of Companies has sought deletion of the words 'illegal' and 'with the help of the RoC' used by the NCLAT in its last week order
Cyrus Mistry was the sixth and youngest chairman of Tata Sons and took over after Ratan Tata retired in December 2012
"Macro uncertainties will persist in 2020, but they will also be accompanied by new opportunities across different businesses and markets," Chandrasekaran said
As AirAsia India struggles to find a firm foothold in the competitive domestic aviation space, Tatas are gaining upper hand in steering the no-frills carrier with executives from the conglomerate helming most senior positions, according to a source. A joint venture, majority-owned by Tatas, the airline's other shareholder is Malaysia's AirAsia group. The carrier, which commenced flights nearly six years ago, flew 8.78 lakh passengers garnering 6.8 per cent domestic market share in November. Over the years, there have been concerns raised in certain quarters about alleged role of the Malaysian partner having a bigger say in various matters related to AirAsia India. "Tata Sons has now an upper hand in the management of AirAsia India as against earlier when AirAsia group will call the shots in the matter of key appointments. At present, most of top positions at the carrier including the MD&CEO and CFO have people who have been closely associated with the Tata Group," a source told ...
These firms' finances are far from sustainable and they suffer from poor profitability and high debt
The NCLAT order could also create trading and investment opportunities
Ratan Tata converted a sprawling, monolithic empire into a cohesive unit. He faces another career battle again
The NCLAT ruling leaves the Tata group rudderless as it faces a string of urgent decisions.
The Appellate Tribunal had reserved its order in July this year, after completing its marathon hearing over the issue
IndiGo, SpiceJet, GoAir see undue favour to Vistara; GMR says fear unwarranted
Keeping with time, the Tata Group company had piloted this strategy at five of its flagship Bengaluru stores for three months
India's largest conglomerate has said it's open to finding partners for JLR to save on costs and share the burden of investing in electric vehicles
Tata has begun to address some of the financial issues facing JLR, providing the brand with a $910 million equity infusion to help bolster its balance sheet.
Challenges of succeeding a CEO with a long tenure
Gopalakrishnan said the group's conduct on corporate governance was so flawless that he could not pick up holes in the functioning
The Tata Group's effective shareholding will now be 15 per cent in GMR Airports, translating into a shareholding of approximately 10 per cent in DIAL, said sources in the know