Corporates

Tata Nano Bleeds Money Of Shareholders: Cyrus Mistry's Counsel

Tata Nano Bleeds Money Of Shareholders: Cyrus Mistry's Counsel

Edited by Nirmalya Sen | Tuesday December 15, 2020

The Supreme Court had also said that Ratan Tata should not take any decision in advance that requires majority decision of the board of directors of Tata Sons

Taiwanese Firms Expect Government Support On Land, Labour Issues: Official

Taiwanese Firms Expect Government Support On Land, Labour Issues: Official

Reuters | Tuesday December 15, 2020

Major Taiwanese contract manufacturers Foxconn, Wistron Corp and Pegatron Corp have plans to invest up to $900 million in India over the next five years

It's Not In India's DNA To Be Deterred By Crisis, Mukesh Ambani Tells Mark Zuckerberg

It's Not In India's DNA To Be Deterred By Crisis, Mukesh Ambani Tells Mark Zuckerberg

Edited by Nirmalya Sen | Tuesday December 15, 2020

According to the Facebook CEO, India has a very entrepreneurial culture that can be seen not only in tech start-ups but also in millions and millions of small businesses

US Tech Majors Stare At 6-10% Fines As European Union Set Rules To Curb Their Power

US Tech Majors Stare At 6-10% Fines As European Union Set Rules To Curb Their Power

Edited by Nirmalya Sen | Tuesday December 15, 2020

The rules are the most stringent attempt by the 27-country bloc to rein in the power of the US tech giants that control troves of data and online platforms on which thousands of companies and millions of Europeans rely on

Mukesh Ambani, Mark Zuckerberg Discuss The WhatsApp-Jio Impact On India

Mukesh Ambani, Mark Zuckerberg Discuss The WhatsApp-Jio Impact On India

Edited by Sandeep Singh | Tuesday December 15, 2020

Reliance Industries Chairman Mukesh Ambani had a conversation with Facebook CEO Mark Zuckerberg at the social network's Fuel for India 2020 event

RBI Approves Re-Appointment Of Uday Kotak As MD & CEO Of Kotak Mahindra Bank

RBI Approves Re-Appointment Of Uday Kotak As MD & CEO Of Kotak Mahindra Bank

Edited by Abhishek Vasudev | Tuesday December 15, 2020

RBI approved re-appointment of Kotak Mahindra Bank's founder Uday Kotak as MD & CEO of the bank for a period of three years

Ratan Tata Was Running Tata Group, Says Cyrus Mistry's Counsel to Supreme Court

Ratan Tata Was Running Tata Group, Says Cyrus Mistry's Counsel to Supreme Court

Reported by A Vaidyanathan, Edited by Nirmalya Sen | Monday December 14, 2020

Harish Salve, the Tata group counsel, had said that the Mistry family has voted for the amendments in the articles of associations but expressed discontent after Cyrus Mistry was sacked

Farmer Protests Spark Telecom War, Jio Goes To Regulator Against Rivals

Farmer Protests Spark Telecom War, Jio Goes To Regulator Against Rivals

Reported by Sakshi Bajaj, Edited by Abhishek Vasudev | Monday December 14, 2020

Reliance Jio Infocomm, promoted by billionaire Mukesh Ambani, on Monday wrote to the regulator Telecom Regulatory Authority of India (TRAI) seeking action against Vodafone Idea and Bharti Airtel, amid the farmer protests in and around Delhi against farm laws. Jio highlighted an unethical and anti-competitive mobile number portability (MNP) campaign being run by Vodafone Idea and Bharti Airtel amid the protests

Apple Probes Supplier After Workers At Wistron Plant Go On Rampage

Apple Probes Supplier After Workers At Wistron Plant Go On Rampage

Reuters | Monday December 14, 2020

Apple said it was sending staff and auditors to the site and was cooperating with police in their investigation.

Tata Group Formally Joins Race For Air India

Tata Group Formally Joins Race For Air India

Edited by Peter Noronha | Monday December 14, 2020

Tata group will use Air Asia as a vehicle where Tata Sons has a significant majority stake, the sources added.

Vodafone Spinoff Vantage Towers Looking At Growth Ahead, Says Chief Executive

Vodafone Spinoff Vantage Towers Looking At Growth Ahead, Says Chief Executive

Reuters | Sunday December 13, 2020

Vantage Towers, which owns 68,000 masts across nine European countries, is eyeing a spring listing in Frankfurt that would arm CEO Vivek Badrinath with the firepower to pay for takeovers with its own shares.

Jet Airways Crisis: Bankruptcy Court Adjourns Hearing On Revival Plan To December 17

Jet Airways Crisis: Bankruptcy Court Adjourns Hearing On Revival Plan To December 17

Edited by Nikita Prasad | Friday December 11, 2020

Jet Airways crisis: The National Company Law Tribunal (NCLT) adjourned the key hearing on the revival plan for grounded airline on December 17 due to lack of time

Will Fight Any Attempt By Zambia To Sell Konkola Copper Mines: Vedanta

Will Fight Any Attempt By Zambia To Sell Konkola Copper Mines: Vedanta

Edited by Nirmalya Sen | Friday December 11, 2020

Konkola Copper Mines Case: The long legal fight with Zambia began in May 2019, when Lusaka appointed a liquidator for KCM, which is jointly owned by Vedanta and Zambias state mining arm ZCCM-IH

How Carlsberg, Sabmiller And United Breweries Fixed Beer Prices In India

How Carlsberg, Sabmiller And United Breweries Fixed Beer Prices In India

Reuters | Friday December 11, 2020

Executives' conversations, WhatsApp messages and e-mails contained in the report show the companies regularly and collectively strategised in seeking price increases in "several states"

Not Without India: World's Pharmacy Gears Up For Vaccine Race

Not Without India: World's Pharmacy Gears Up For Vaccine Race

Edited by Nirmalya Sen | Thursday December 10, 2020

With nearly 10 million infections, the world's second-highest after the United States, India's government is likely to order a huge chunk of the vaccines for its 1.3 billion people