Mallika Srinivasan, O P Bhatt and Andrew Robb are the independent directors
6 independent directors had met separately just before the board meeting in Bombay House, with Mallika Srinivasan joining through a video link
For now, with major decisions taken and rebound in metal prices, all eyes are on Tata Steel's revival in fortunes
The firm intends to close the £15-billion British Steel Pension Scheme to future contributions before a £60-million payment deadline on March 31, 2017
The plan to turn around could be a three-pronged exercise with investment in leadership and assets and an overhaul of supply chain
Mistry continues to be chairman of several listed firms of the salt-to-software Tata Group even after he was removed as chairman of the holding company, Tata Sons
Net sales of the company remained flat at Rs 27,471 crore in the period under review indicating stagnent business scenario
Total consolidated income rose 4% sequentially to Rs 27,471 cr
In March, Tata Steel put its British steel operations on sale following heavy losses linked to a flood of cheap Chinese imports.
According to a source, Ratan Tata is conducting a detailed review of Tata Steel UK before making a final decision
Tata Steel's Kalinganagar plant to produce cheaper steel than Jamshedpur plant
Tata Steel rose 0.57% to Rs 406.95 on BSE with the stock shrugging off the company's ratings downgrade by Brickwork Ratings
The revised rating however continues to place the company in the 'high degree of safety' category with regard to the services to debt.
Tata Steel said it is pursuing a separate process for the potential sale of the South Yorkshire-based Specialty Steels business in the UK
Tata Steel has previously said Germany's ThyssenKrupp AG is one of the companies with whom a partnership is being discussed
A recent Moody's report forecasted India's steel production to continue rising in the near future
Ratan's appointment seen positive as he is more employee friendly, says Unite
Responding to Cyrus Mistry's $18 billion writedown warning for Tata Group, Tata Steel informed the Bombay Stock Echange that its value of assets tested for impairment were as per norms.
Currently, it is enjoying a windfall from a weaker pound, higher steel prices and stringent cost-cutting
Anti-dumping duty on Chinese steel bodes well for its European operations at a time when coal costs are on the rise