Tatas Nusli Wadia
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Tata-Mistry Spat Shows Vulnerability Of Independent Company Directors
Of the 1,594 listed and actively traded firms on India's main bourse, some 88 percent have dominant shareholders with 30-80 percent stakes, data from Prime Database shows.
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Nusli Wadia Sues Tata Sons, Board Members For Defamation
Nuslia Wadia, a former independent director on the boards of Tata Motors Ltd and Tata Steel Ltd, has filed a defamation case against holding company Tata Sons and 11 of its board members and executives.
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Ratan Tata Prevented key Reforms In Tata Motors: Mistry
Tata Motors has called an extraordinary general meeting on December 22 to seek shareholders' approval for removing Cyrus Mistry and Nusli Wadia as directors of the company.
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Cyrus Mistry Removed As Director From TCS Board: 10 Updates
Shareholders of Tata Consultancy Services or TCS have voted to remove Cyrus Mistry as director at an extraordinary general meeting or EGM. 93.11 per cent of shareholders voted for his ouster. At TCS, in which the group's holding company Tata Sons has 73.76 per cent stake, that result was expected. But five more listed Tata companies will vote on th...
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Tata Sons Hikes Stake In Tata Motors, Buys Shares Worth Rs 2,430 Crore
The shares were bought on an average price of Rs 486.13, valuing the transaction at Rs 2,430.65 crore.
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Nusli Wadia Raises Concerns Over Tata Chemicals' Overseas Investment
Continued investments by Tata Chemicals in under-performing overseas business incurring substantial losses, specially in the UK, have led to destruction of shareholder value with net debt of the firm rising to Rs 8,695 crore in the last 10 years, according to Nusli Wadia.
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Proxy Advisory Firm Revises Recommendation After Nusli Wadia Suit
Revising its recommendation, proxy advisory firm Institutional Investor Advisory Services (IiAS) has supported removal of independent director Nusli Wadia from board of Tata Motors and Tata Steel, saying it was in the long-term interest of Tata Group.
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Nusli Wadia Stays Away From Tata Steel's Shareholders Meet
Nusli Wadia asked the shareholders to vote against the proposal and continued his scathing attack on Tata Sons and criticised the group's continued steel investments in Europe.
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Nusli Wadia Removed From Tata Steel's Board As Independent Director
As much as 26.39 crore of institutional shares, which is 82.5 per cent, voted in favour of Mr Wadia's removal, Tata Steel said.
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Tata Steel Shareholders Vote To Remove Nusli Wadia
Over 90 per cent of the shareholders who voted in the meeting favoured the removal of Mr Wadia from the board.
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Ratan Tata Speaks On Mistry Feud, Wadia Files Criminal Suit: 10 Updates
In the latest development in the Tata-Mistry row, shareholders of Tata Chemicals on Friday voted in favour of removal of industrialist Nusli Wadia from the company's board. In another development, Ratan Tata, the patriarch of Tata group, has spoken out on the Mistry feud while Mr Wadia has filed a criminal defamation suit against Tata Sons and othe...
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Tatas Now Gun For Nusli Wadia, Who Backed Cyrus Mistry At Board Meeting
As the Tatas move to oust Cyrus Mistry from the boards of group companies, they are also asking the companies to remove industrialist Nusli Wadia as director from their boards.
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Independent Directors Must Be Free To Exercise Their Judgement: Proxy Advisory Firm
Following the ouster of Mr Mistry as chairman of Tata Sons last month, the boardroom battle has been brewing with independent directors of some Tata group companies backing him. Mr Mistry continues to hold the chairmanship of various firms, including Tata Motors.
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Alleging Personal Vendetta, Nusli Wadia Serves Defamation Notice On Tatas
Mr Wadia is an independent director on some Tata Group companies which have called extraordinary general meetings (EGMs) to remove him from their boards for allegedly siding with ousted chairman Cyrus Mistry.
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Nusli Wadia To Go Ahead With Defamation Cases Against Tatas
The spat between Tata Group and Mistry camp appeared to be escalating with industrialist Nusli Wadia on Wednesday saying that he has been left with no option other than defamation proceedings against the conglomerate.
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Tata-Mistry Spat Shows Vulnerability Of Independent Company Directors
Of the 1,594 listed and actively traded firms on India's main bourse, some 88 percent have dominant shareholders with 30-80 percent stakes, data from Prime Database shows.
-
Nusli Wadia Sues Tata Sons, Board Members For Defamation
Nuslia Wadia, a former independent director on the boards of Tata Motors Ltd and Tata Steel Ltd, has filed a defamation case against holding company Tata Sons and 11 of its board members and executives.
-
Ratan Tata Prevented key Reforms In Tata Motors: Mistry
Tata Motors has called an extraordinary general meeting on December 22 to seek shareholders' approval for removing Cyrus Mistry and Nusli Wadia as directors of the company.
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Cyrus Mistry Removed As Director From TCS Board: 10 Updates
Shareholders of Tata Consultancy Services or TCS have voted to remove Cyrus Mistry as director at an extraordinary general meeting or EGM. 93.11 per cent of shareholders voted for his ouster. At TCS, in which the group's holding company Tata Sons has 73.76 per cent stake, that result was expected. But five more listed Tata companies will vote on th...
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Tata Sons Hikes Stake In Tata Motors, Buys Shares Worth Rs 2,430 Crore
The shares were bought on an average price of Rs 486.13, valuing the transaction at Rs 2,430.65 crore.
-
Nusli Wadia Raises Concerns Over Tata Chemicals' Overseas Investment
Continued investments by Tata Chemicals in under-performing overseas business incurring substantial losses, specially in the UK, have led to destruction of shareholder value with net debt of the firm rising to Rs 8,695 crore in the last 10 years, according to Nusli Wadia.
-
Proxy Advisory Firm Revises Recommendation After Nusli Wadia Suit
Revising its recommendation, proxy advisory firm Institutional Investor Advisory Services (IiAS) has supported removal of independent director Nusli Wadia from board of Tata Motors and Tata Steel, saying it was in the long-term interest of Tata Group.
-
Nusli Wadia Stays Away From Tata Steel's Shareholders Meet
Nusli Wadia asked the shareholders to vote against the proposal and continued his scathing attack on Tata Sons and criticised the group's continued steel investments in Europe.
-
Nusli Wadia Removed From Tata Steel's Board As Independent Director
As much as 26.39 crore of institutional shares, which is 82.5 per cent, voted in favour of Mr Wadia's removal, Tata Steel said.
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Tata Steel Shareholders Vote To Remove Nusli Wadia
Over 90 per cent of the shareholders who voted in the meeting favoured the removal of Mr Wadia from the board.
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Ratan Tata Speaks On Mistry Feud, Wadia Files Criminal Suit: 10 Updates
In the latest development in the Tata-Mistry row, shareholders of Tata Chemicals on Friday voted in favour of removal of industrialist Nusli Wadia from the company's board. In another development, Ratan Tata, the patriarch of Tata group, has spoken out on the Mistry feud while Mr Wadia has filed a criminal defamation suit against Tata Sons and othe...
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Tatas Now Gun For Nusli Wadia, Who Backed Cyrus Mistry At Board Meeting
As the Tatas move to oust Cyrus Mistry from the boards of group companies, they are also asking the companies to remove industrialist Nusli Wadia as director from their boards.
-
Independent Directors Must Be Free To Exercise Their Judgement: Proxy Advisory Firm
Following the ouster of Mr Mistry as chairman of Tata Sons last month, the boardroom battle has been brewing with independent directors of some Tata group companies backing him. Mr Mistry continues to hold the chairmanship of various firms, including Tata Motors.
-
Alleging Personal Vendetta, Nusli Wadia Serves Defamation Notice On Tatas
Mr Wadia is an independent director on some Tata Group companies which have called extraordinary general meetings (EGMs) to remove him from their boards for allegedly siding with ousted chairman Cyrus Mistry.
-
Nusli Wadia To Go Ahead With Defamation Cases Against Tatas
The spat between Tata Group and Mistry camp appeared to be escalating with industrialist Nusli Wadia on Wednesday saying that he has been left with no option other than defamation proceedings against the conglomerate.
