Top headlines: Tatas win in court against Mistry; Air India sale in June

From financial bids for Air India to Mahindra's new chief-here are top headlines this evening

Tata vs Mistry: SC rules in favour of Tata Group, sets aside NCLAT judgment

In a major victory for the Tata group, the Supreme Court (SC) on Friday ruled in favour of the Tatas in their battle with the Mistry group by setting aside the National Company Law Appellate Tribunal (NCLAT) order which had re-instated Mistry on Tata Sons' board and had termed current Chairman  N Chandrasekaran’s appointment as ''illegal". The country's apex court also rejected Mistry group’s plea against the conversion of Tata Sons into  a private company. Read more

Financial bids will be invited in