Mumbai, (IANS) : In a fresh salvo fired in their ongoing corporate war, Tata Sons on Sunday accused former Chairman Cyrus Mistry of misleading the committee set up in 2011 for selecting a Chairman to succeed Ratan Tata and said Mistry's retraction from commitments...
Sydney, (IANS) : Indian conglomerate Adani Group has promised not to employ overseas skilled workers on Australia's 457-category temporary visas for its mega coal mine project in Queensland state, local media reported on Tuesday. Queensland Premier Annastacia...
New Delhi, (IANS) : Ratings agency Moody's on Thursday upgraded the outlook for the Indian power sector to stable from negative on the back of a jump in domestic coal production and likely improvement in the financial health of state distribution companies (discoms)...
Chennai, (IANS) : The Reserve Bank of India (RBI) on Thursday capped loan exposure of banks to an corporate entity at 20 per cent and to a group at 25 per cent of the bank's available eligible capital base. In a notification, the RBI said the sum of all exposure...
New Delhi, (IANS) : Tata Motors and Kingfisher Airlines owe over Rs 1,000 crore in taxes to the government, Parliament was informed on Friday. "Four companies - Tata Motors, Kingfisher Airlines, Karnataka Industrial Area Development Board, Karnataka Housing Board -...
Mumbai, (IANS) : Contrary to the claims of Tata Sons, the operations of Tata Consultancy Services (TCS) and Jaguar Land Rover (JLR) were not on auto-pilot but were overseen by Cyrus Mistry, the ousted Chairman's office said on Tuesday. For the first time, Mistry,...
Chennai, (IANS) : The Indian corporate sector is expected to log strongest profit growth in 2017 on the foundation of sustained economic growth, capacity additions and higher commodity prices, said global credit rating agency Moody's Investors Service. The rating...
New Delhi, (IANS) : Google India on Tuesday launched the second edition of the "Web Rangers" contest, saying it was an effort to promote and educate the youth about staying smart, safe and savvy online. The "Web Rangers" contest is open to students across the country...
Chennai, (IANS) : Indian pharmaceutical industry will face pricing pressure in the US and domestic markets for some more time to come and the players have to focus their research and development (R&D) on speciality/complex drugs, said global credit rating agency...
Mumbai, (IANS) : Tata Consultancy Services (TCS) on Thursday announced that Ishaat Hussain will be the new Chairman of the board of directors of the company in place of Cyrus Mistry with immediate effect. Tata Sons has also issued a special notice under Section 169...