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Tata Motors News
Tata Motors
Nusli Wadia files Rs 3,000 crore defamation suit against Tatas: Sources
Fri, Dec 16, 2016
Industrialist Nusli Wadia, who is an independent director on some Tata group companies, has filed a Rs 3,000-crore defamation suit against Ratan Tata, Tata Sons and its directors. According to sources close to Wadia, the suit was filed at the Bombay High Court on Thursday.
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Tata Industries removes Cyrus Mistry as director; no more chairman
Mon, Dec 12, 2016
Cyrus Mistry was on Monday removed as director of Tata Industries following shareholders' vote, the first such instance of the embattled executive being ousted from the board since his removal as Tata Group chairman.
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Cyrus Mistry says Vijay Singh cooking up stories to defend Tata
Mon, Dec 12, 2016
Cyrus Mistry on Sunday escalated his war of words with Tatas by accusing Vijay Singh, a nominee director on the Tata Sons board, of cooking up theories "to defend his role in the conspiracy" hatched by Ratan Tata to sack him as the chairman.
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Tata Motors market share eroded from legacy products: Cyrus Mistry
Sat, Dec 10, 2016
Seeking support from shareholders of Tata Motors, ahead of December 22 extra-ordinary general meeting, Tata Sons` ousted Chairman Cyrus P Mistry on Friday said the company had legacy passenger car product lines, which had a large negative contribution, eroding market share and brand perception.
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Board fights will have no impact on Tata Group, Moody's says
Wed, Nov 30, 2016
Kaustubh Chaubal, a Moody's Vice President and Senior Analyst said, "We expect that Tata Sons can continue to extend support to its key operating companies, should the need arise, owing to its substantial cash holdings and the significant value of its listed equity investments, and despite an ongoing boardroom reshuffle."
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Cyrus Mistry, Nusli Wadia to contest removal from Tata Motors board
Mon, Nov 28, 2016
Hardening their position against Tata Sons, ousted chairman Cyrus Mistry and independent director Nusli Wadia, who has been backing him, will contest the proposal to remove them from the board of Tata Motors by making separate representation to “members of the company.”
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