Mistry

Mukesh Ambani's family tops Bloomberg's list of 10 Asia's richest families - an index that has six other Indian names. As many as four Indian families rank among the top 10 in the list and further two

Both firms own 18.4% stake in Tata Sons

Company turned around in FY22 after the Covid pandemic hit its core real estate operations in FY21; experts say Pallonji Mistry's sons now lead the businesses

The majority of Tata Sons shareholders vote for directors' appointment

The Mistry family has challenged apex court's March 2021 decision which agreed with Tata Sons board to remove Cyrus Mistry as chairman

Now the Mistrys are not getting even a board seat on Tata Sons, and the court has left it to both parties to negotiate the exit price of Mistrys

Mistrys say it's vindictive move aimed to delays fund raise; will jeopardise future of 60,000 employees and over 100,000 migrant workers

Funds being raised via debt, sale of part stake in Sterling and Wilson Solar

They related to companies including Tata Motors, Tata Teleservices, and Tata Power