The rise of the rupee to an 18-month high against the US dollar on Monday to a level of 65.0350, will very likely hurt earnings of several exporters in Q4 FY17 including IT services providers and drug manufacturers.
Even as he tried to downplay differences between the Infosys board and the company’s founders, R Seshasayee, chairman of Infosys, on Monday asserted there had been no impropriety relating to the severance payout to former C
The proposed restructuring of oil PSUs (public sector undertakings) — announced by the finance minster in his Budget speech — might result in not one but a couple of integrated entities, according to consultants working w
In a fresh affidavit filed in the National Company Law Tribunal (NCLT) on Monday, ousted Tata Sons chairman Cyrus Mistry has sought to prove the breakdown of corporate governance in the Tata Group and how some board members w
It was a day of intense drama and activity for the Tata Group as well as its friend-turned-foe Nusli Wadia, who has already been ousted as an independent director from two Tata firms in the last two days.
Friend-turned-foe of the Tatas, Nusli Wadia, on Thursday continued his tirade against the group while staying away from the extraordinary general meeting of Tata Motors convened to remove him as an independent director.
Long-time friend and ally of the Tatas, Nusli Wadia, stayed away from the extraordinary general meeting (EGM) of Tata Steel on Wednesday where shareholders voted on a resolution to remove him as independent director.
The battle lines between Ratan Tata and Cyrus Mistry were drawn afresh on Monday after the latter resigned from six Tata group companies saying he would take the fight to the court and vowing to restore corporate governance a
A day before shareholders of Tata Consultancy Services (TCS) vote on a resolution to remove Cyrus Mistry as director of the company, Tata Industries on Monday dismissed Mistry as director of the company.
Tata Global Beverages, which at its board meeting on November 15 removed Cyrus Mistry as its chairman, did not provide the video recording of the meet when demanded by the latter. The company says no recording took place due