The 'deep-rooted' discord between Tata and Mistry was over how each side viewed conflict of interest
Tata has invested in 43 start-ups; only 2 have failed
Ratan Tata has backed more than 30 companies, including Paytm, CarDekho, Xiaomi and Zivame. His first automobile start-up investment was Ampere
In December 2018, a magistrate court in the city issued notices to Ratan Tata and other directors of Tata Sons in the criminal defamation case filed by Wadia in 2016
The HC will hear the quashing matter before July and, therefore, the stay was not necessary
Wadia had filed the case in 2016 after he was voted out of the boards of some Tata Group companies
'Tata and Bhagwat will attend an event in Mumbai on August 24 organised by the Nana Palkar Smriti Samiti,' a Sangh functionary said
Times of Israel claims Tata testified in a case in which prime minister is said to have received hundreds of thousands of shekels in gifts
Tata Motors is marking its two decades of participation at auto show with a leap of faith to future
He said the group Jamshedpur city is in safe hand as Chandra has an impeccable work record
The Trusts own two-thirds of Tata Group's stocks
It is a well deserved recognition of his proven leadership capabilities, says Tata
Mistry reduced representation of Tata Sons' directors on the boards of other major Tata Companies
Without naming anyone, he said the ethics and values of the group have been 'challenged'
As feud at India's biggest conglomerate continues, Tata Group's interim chairman Ratan Tata today said there has been a wilful, well-orchestrated move to destroy his personal reputation through unsubstantiated allegations. Without naming anyone, he said the ethics and values of the group have been "challenged by people who are known not to practice what they often preach". Tata, 78, who came back from retirement to take over Tata Sons after his successor Cyrus P Mistry was unceremoniously ousted on October 24, asked employees to put the events behind and re-dedicate themselves to re-establishing the Tata Group's leadership. "The past three months have been turbulent and wasteful. There has been a willful, well-orchestrated endeavour to destroy the personal reputations of individuals and the reputation of the Tata Group, through unsubstantiated allegations," he wrote to the Tata employees. In a new year message to employees, he said there has been an "overwhealming groundswell o
Details of closed-door private Tata-Bhagwat meeting were not immediately available
Ousted Tata Sons chairman Cyrus Mistry vows a multi-layered battle for governance reforms at the $100 billion conglomerate
Such corporate infighting is not rampant in India, but the latest events could set a dangerous precedent
However, a spokesperson for Tata Sons called the allegations baseless
The time is now ripe for institutional investors in India to play an important role in deciding the future of Indian companies.