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Just deposited $1.17 bn with the Delhi High Court: Tata Sons

Just deposited $1.17 bn with the Delhi High Court: Tata Sons

Tata Sons today said it has transfered USD 1.17 billion, equal to the compensation awarded to its estranged partner DoCoMo of Japan, into a fixed depsoit in name of Delhi HC

Tatas record $103-bn FY16 revenue; investment at $9-bn: Cyrus Mistry Tata Group not willing to pay compensation: DoCoMo
Govt wrong on DoCoMo: Its actions could cause seizing of Tata global assets
Govt wrong on DoCoMo: Its actions could cause seizing of Tata global assets

After failing to resolve the tax issues of Vodafone and Cairn, and with two global arbitration awards going against it in the Antrix-Devas case, the government seems all set to compound the misgivings of foreign investors by continued bungling in the Tata DoCoMo case.

Swamy attacks RBI Guv Rajan for 'dip' in MSME growth
Swamy attacks RBI Guv Rajan for 'dip' in MSME growth

BJP MP Subramanian Swamy was today back at attacking Reserve Bank of India (RBI) Governor Raghuram Rajan...

AUTOMOBILES

Mercedes rejects claims about 'misleading' self-driving car ads
Mercedes rejects claims about 'misleading' self-driving car ads

Mercedes-Benz has defended an advertising campaign for its new E-Class against allegations that consumers were being misled about the car's self-driving capabilities, the latest backlash by consumer groups in the wake of a fatal Tesla accident.

TECHNOLOGY

Facebook hits 1.71 billion users; profit and shares soar
Facebook hits 1.71 billion users; profit and shares soar

Facebook had a good quarter, as the number of active monthly users have hit 1.71 billion for the website, which is an increase of 15% over last year.

Horoscope: By Peter Vidal

Today ( 29 Jul )This Week ( 24 Jul - 30 Jul )

SAGITTARIUS After a lot of near misses or false starts, you may finally be about to achieve a cherished goal. The first requirement, though, is to sort out the continuing complications dogging your financial affairs. In matters of… read more