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Page 6 - Cyrus Mistry

Cyrus Mistry family's 18.5% stake in Tata Sons worth Rs 94,000 crore

Based on current valuation ratio of listed holding companies, Tata Sons now valued at Rs 5.08 trn

Cyrus Mistry family's 18.5% stake in Tata Sons worth Rs 94,000 crore
Updated On : 13 Dec 2020 | 10:54 PM IST

Legal titans Harish Salve and C A Sundaram clash in Tata vs Mistry battle

Corporate lawyers said with such formidable legal teams fielded by both sides in the top Court, the fight between the two has become the most watched litigation war in recent times

Legal titans Harish Salve and C A Sundaram clash in Tata vs Mistry battle
Updated On : 13 Dec 2020 | 10:32 PM IST

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

Tata Sons' counsel, Harish Salve said the Mistrys are seeking division of assets including 18.4 per cent stake in Tata brand

Tatas reject Mistrys' settlement offer to divide Tata Sons' assets
Updated On : 11 Dec 2020 | 1:40 AM IST

Mistry can't cry mismanagement after group valuation shot up, Tatas tell SC

Tata Sons counsel Harish Salve says all Tata companies are doing well, making money; Mistry must prove lack of probilty and impact on his rights while complaining

Mistry can't cry mismanagement after group valuation shot up, Tatas tell SC
Updated On : 09 Dec 2020 | 10:22 PM IST

Mistry stake valued at Rs 80,000 crore at most, says Tata group in SC

This is in response to Rs 1.78 trn sought by Mistry family; Tata Sons counsel says NCLAT judgement setting aside Chandra's appointment went beyond the scope of judicial review

Mistry stake valued at Rs 80,000 crore at most, says Tata group in SC
Updated On : 09 Dec 2020 | 12:52 AM IST

Tata, Mistry spar over a $13 billion valuation difference

The valuation disagreement marks the latest chapter in a four-year-old wrangle that started with a boardroom coup in 2016 at Tata Sons.

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Updated On : 08 Dec 2020 | 5:35 PM IST

Tata-Mistry tussle: SC to hear final arguments on December 2

The top court had on September 22 restrained Shapoorji Pallonji (SP) Group and Cyrus Mistry as also his investment firm from pledging or transferring their shares of Tata Sons Pvt Ltd (TSPL)

Tata-Mistry tussle: SC to hear final arguments on December 2
Updated On : 18 Nov 2020 | 11:47 PM IST

Govt likely to get tax bonanza under Mistry exit plan, say experts

A legal source said the Mistrys would have to sell shares in listed Tata companies to pay the tax (if Tata Group agrees to the Mistry plan) and lower their stakes in them

Govt likely to get tax bonanza under Mistry exit plan, say experts
Updated On : 02 Nov 2020 | 6:10 AM IST

Shapoorji Pallonji group to file settlement terms on Tata Sons exit with SC

Hearing in the Tata versus Mistry case is likely to be adjourned to next month.

Shapoorji Pallonji group to file settlement terms on Tata Sons exit with SC
Updated On : 26 Oct 2020 | 11:21 PM IST

Mistry opens new front against Tatas over Parliament redevelopment project

The Mistry family alleges misconduct in bidding process, wants Tatas disqualified

Mistry opens new front against Tatas over Parliament redevelopment project
Updated On : 15 Oct 2020 | 2:47 PM IST

Top headlines: Mistry opens new front against Tata; Infosys outshines in Q2

From Mistry attacking Tata Sons over Parliament redevelopment plan to theatres opening from today, here are top headlines this morning

Top headlines: Mistry opens new front against Tata; Infosys outshines in Q2
Updated On : 15 Oct 2020 | 7:01 AM IST

PE firms, sovereign funds want discount, exit route for Mistry stake

According to a senior executive of a top global private equity fund, the shares should be available at 20 to 40 per cent discount.

PE firms, sovereign funds want discount, exit route for Mistry stake
Updated On : 24 Sep 2020 | 6:05 AM IST

Tata and Mistry to part ways. Should you also exit Tata group stocks?

Here's a quick look at how you should trade frontline stocks from the Tata stable

Tata and Mistry to part ways. Should you also exit Tata group stocks?
Updated On : 23 Sep 2020 | 1:45 PM IST

Tata and Mistry to part ways: A 70-year old partnership set to end

The partnership, which survived post-independence upheaval in the country and economic liberalisation in 1991, is set to end now

Tata and Mistry to part ways: A 70-year old partnership set to end
Updated On : 23 Sep 2020 | 1:35 PM IST

Tata Group stks mixed after Shapoorji Pallonji Grp agrees to exit Tata Sons

In a late evening statement, the Mistry family said separation from the Tata group was necessary due to the potential impact the ongoing litigation could have on livelihoods and the economy.

Tata Group stks mixed after Shapoorji Pallonji Grp agrees to exit Tata Sons
Updated On : 23 Sep 2020 | 9:48 AM IST

Top headlines: Mistrys eye huge windfall; Sebi to prescribe MF stress test

Top headlines: Mistrys eye huge windfall; Sebi to prescribe MF stress test

Top headlines: Mistrys eye huge windfall; Sebi to prescribe MF stress test
Updated On : 23 Sep 2020 | 7:35 AM IST

SP Group, cash strapped and under-capitalised after betting on infra sector

SPCPL's consolidated revenue nearly doubled between FY16 and FY19 - the latest year for which its finances are available - growing at a compound annual growth rate of 24 per cent

SP Group, cash strapped and under-capitalised after betting on infra sector
Updated On : 23 Sep 2020 | 2:13 AM IST

Top headlines: Tata-Mistry shares' dispute, India trials for Russia vaccine

Business Standard brings you the top headlines of the day

Top headlines: Tata-Mistry shares' dispute, India trials for Russia vaccine
Updated On : 22 Sep 2020 | 9:20 PM IST

Tata vs Mistry: Status quo on pledging, transferring of shares till Oct 28

A bench headed by Chief Justice S.A. Bobde said the group should not take any further action on the shares, they have already pledged for raising funds

Tata vs Mistry: Status quo on pledging, transferring of shares till Oct 28
Updated On : 22 Sep 2020 | 3:31 PM IST

Tata Group says it's open to buy Mistry group's shares to aid fundraising

The Shapoorji Pallonji Group, controlled by tycoon Pallonji Mistry and his family, own about 18% of closely held Tata Sons

Tata Group says it's open to buy Mistry group's shares to aid fundraising
Updated On : 22 Sep 2020 | 2:06 PM IST