Top headlines: Tata's reject Mistry's offer; TVS changes ownership model

From Tatas rejecting Mistrys' settlement offer to divide Tata Sons' assets to Mittal, Musk betting on satellite broadband as telecom's new star, here are top headlines this morning

Tatas reject Mistrys' settlement offer to divide Tata Sons' assets

Just two days after the Tata group had told the Supreme Court that the Mistry family stake in Tata Sons was estimated at 70,000- 80,000 crore against the other camp’s Rs 1.75-trillion valuation, its counsel has rejected the Shapoorji Pallonji (SP) group’s proposal of dividing the assets of the salt-to-software conglomerate. Tata Sons counsel Harish Salve said in the top court on Thursday that the Mistrys were seeking division of assets including 18.4 per cent stake in the Tata brand. Read More

UPL shares slump on fund-diversion charge;