Reeba Zachariah

Assistant Editor, TOIReeba Zachariah is assistant corporate editor at The Times of India, Mumbai. She has been covering large Indian business houses such as the Tata Group. She also reports on a host of sectors like hospitality, retail, travel, liquor and consumer durables. She has been writing on mergers and acquisitions and private equity.
  • Tata veteran Srinath leads race to head Tata Trusts

    Tata veteran Srinath leads race to head Tata Trusts

    After R Venkataramanan exited the top position at Tata Trusts in March this year, the foundation had formed a three-member committee to select a successor. The committee, led by Ratan Tata, looked at many people over the past several months and has finally narrowed down on Srinath, said the people quoted earlier.

    Yes Bank moves in to name wilful defaulters

    Yes Bank moves in to name wilful defaulters

    In July this year, Yes Bank acquired 19% in Cox & Kings by invoking pledged shares. It also picked up 30% in Ezeego One Travel & Tours, a company promoted by Cox & Kings. Three months later, it acquired 21% in Tulip Star Hotel (earlier known as Centaur) in Mumbai.

    Trust registration: Tatas move ITAT against cancellation date

    Trust registration: Tatas move ITAT against cancellation date

    The Income Tax Appellate Tribunal had cancelled 6 Tata Trusts' registrations from October 31, 2019. If a charitable organisation’s registration is cancelled after June 1, 2016, it will have to pay exit tax. The Trusts’ argued that they surrendered their registrations on February 26, 2015, and that should be considered as the cancellation date.

    Will ask my team to look at bidding for Air India: Tata Group chief

    Will ask my team to look at bidding for Air India: Tata Group chief

    The Tata Group may consider bidding for Air India, an airline it once owned, whenever the govt finalises its sale. “Ideally, it is a Vistara decision. It is not a Tata Sons decision. I will ask the team to evaluate it," said the Tata group chief N Chandrasekaran. Acquisition of Air India would help the Tatas scale their aviation business.

    No slowdown for Marriott, will add 26 hotels by 2020

    No slowdown for Marriott, will add 26 hotels by 2020

    Though the hospitality industry has been feeling the pinch of softening consumer spending and declining travel, some brands have bucked the trend. American hospitality group Marriott International Inc will open 26 hotels in India by 2020.

    More men too now working from home

    More men too now working from home

    At Novartis India, 44% of the employees who chose the flexible work policy in 2018 were men. While at Capgemini, 50% of those who took the option in the last six months were male employees.

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