Tata Sons’ chairman N Chandrasekaran is likely to get a second term. Should you care?
A bench of Chief Justice SA Bobde and Justices AS Bopanna and V Ramasubramanian said it is allowing the appeals filed by Tata Group.
The National Company Law Appellate Tribunal had restored him as the executive chairman of Tata Sons.
The ousted Tata Sons chairman said he has taken the decision in the overall interest of the Tata group.
In a big win for Mistry, the NCLAT had restored him as executive chairman of Tata Sons.
Tata Sons says it will take appropriate legal recourse against the NCLAT judgement that reinstates Mistry at the helm of the company
The bench said it would decide over the issue of conversion of Tata Sons to a private company at later stage during the pendency of appeal.
Mistry is said to have been caught unawares when there was a “knock on the door, and to his surprise, enter his predecessor, Ratan Tata..."
He also alleged that "the practice of lending without adequate risk assessment" particularly in Nano and small commercial vehicle segment (SCV) caused huge NPA loss to the tune of Rs 4,000 crore to the company and Tata Motor Finance
Tata rebuts Mistry, says letter contains 'unsubstantiated claims and malicious allegations'
Unlike Mistry's business-like attitude and strategy, Tata is expected to take a more compassionate approach
Mistry was handed over a group that was in bad shape. Did he have a choice but to take tough decisions?
He would take his colour, brushes and canvas outside to paint and talk with his love. He would stand close to the window and paint, keeping an eye on his muse.
They say the violin mimics the human sound. In his case, it was that of love, of longing. He didn’t know any other way of loving.
Younger people do not have much progressive beliefs; a 2017 survey found that one-third of young people opposed inter-caste marriage.
The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.
Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.
Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.
The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.