Tata Group offers to buy out Mistry family stake in shares dispute
Tata Sons has offered to buy out Shapoorji Pallonji group's stake in the h...
SP Group says separation from Tata Group is in best interest of all stakeholders
It was crucial that an early resolution is reached to arrive at a fair and equitable solution reflecting the value of the underlying tangible and intangible assets. In the midst of a global crisis triggered by the COVID Pandemic, the Mistry family were in the midst of raising funds against the security of their personal assets to meet the crisis arising from the global pandemic.
Tata Group officially ventures into the medical devices with Tata Medical and Diagnostics
Officially incorporated in July 2020, the company manufactures medical appliances and instruments and appliances for measuring, checking, testing, navigating and other purposes; it has launched Tata CRISPR test, powered by CSIR-IGIB FELUDA for detecting the novel coronavirus.
Mistry family sends notice to Tata Sons Board for fiduciary lapses and damages
The notice has sought an explanation from the board members, particularly the independent directors whether the oppressive action that causes prejudice to a minority shareholder was with their concurrence.
Tata Sons offers to buy out Shapoorji Pallonji Group's stake in shares dispute
A lawyer representing Tata Sons Pvt. informed the Supreme Court Tuesday of the offer to purchase the 18% stake owned by the cash-strapped Shapoorji Pallonji Group if the latter needed to raise money for paying maturing debt.
Tata Sons moves urgent plea in SC against SP Group's definitive agreement to raise capital
The SP Group is asking the Supreme Court to dismiss Tata’s application at the threshold by highlighting the settled position in law that a mere creation of a pledge on shares would not amount to a transfer of title of the shares.
Shapoorji Pallonji Group agrees to exit Tata Group, says separation in best interest of all stakeholders
“The SP-Tata relationship spanning over 70 years was forged on mutual trust, good faith, and friendship. Today, it is with a heavy heart that the Mistry family believes that a separation of interests would best serve all stakeholder groups,” the SP Group said in a release late on Tuesday.
Auditors of Tata Sons raise concerns about AirAsia India, Tata Steel Europe businesses
Raises concerns about the ability of companies to continue as ‘a going concern’. AirAsia India’s losses widened to Rs 332 crore in the quarter ended June from Rs 15 crore a year earlier.
Stock market news: Tata Motors shares advance over 4%
A total of 290,309 shares changed hands on the counter till 11:46AM (IST).
Stock market news: Tata Motors shares rise over 2%
A total of 125,247 shares changed hands on the counter till 11:39AM (IST).
Stock market news: Tata Motors share jump 4%
A total of 311,112 shares changed hands on the counter till 12:21PM (IST).
Stock market news: Tata Motors shares up 3%
A total of 306,340 shares changed hands on the counter till 11:24AM (IST).
Stock market news: Tata Motors shares surge 9%
A total of 1,242,366 shares changed hands on the counter till 11:33AM (IST).
Stocks in the news: RIL, Voda Idea, Bharti Airtel, SBI, Care Ratings, IOC and Tata group stocks
Telecom majors Vodafone Idea and Bharti Airtel will be in focus as rival Jio unveiled the new post-paid tariff plans.
Stock market news: Tata Motors shares drop by 1%
A total of 805,096 shares changed hands on the counter till 11:33AM (IST).