The government is seeking to sell 100 per cent of its stake in the state-owned national airline, including Air India's 100 per cent shareholding in AI Express Ltd and 50 per cent in AISATS.
The government is seeking to sell 100 per cent of its stake in Air India, including its 100 per cent shareholding in AI Express Ltd and 50 per cent in Air India SATS Airport Services Private Ltd.
Tata Sons Executive Director Saurabh Agrawal said Tejas Networks is a leading telecom and network company with a strong DNA of research and development.
The company had first spelt out its 25-by-25 strategy, which said that at any given point of time a fourth of its staff will be working from the offices by 2025.
The Tatas may also pick up a stake in hyperlocal delivery platform Dunzo to strengthen their e-commerce game, since the start-up is looking to raise additional funding.
A TCS official said that this small contribution of Tata Group and TCS will help the needy save their valuable lives and fight the COVID.
The National Company Law Tribunal in March 2017 first ruled in favour of the Tata Group, but that was reversed by the Appellate Tribunal that ordered Mistry be reinstated.
“Every member of society looks to institutions such as courts to validate and endorse the appropriateness of his or her actions and beliefs.
A bench of Chief Justice S A Bobde and Justices A S Bopanna and V Ramasubramanian said it is allowing the appeals filed by Tata Group.
As per Friday's cause list uploaded on the apex court website, a bench headed by Chief Justice S A Bobde would pronounce the verdict.
The company has derived some comfort in the improvement in its China business for the JLR brand.
We have credible information that you have wrongfully and dishonestly taken movable property being confidential information, the letter from Tata Sons said.
Move comes a week after Mistry took Tata Sons to court, seeking to restrain Ratan Tata from attending board meetings.
In a statement yesterday, Tata Sons had reiterated that it has followed the highest standards of corporate governance in its operations.
Mistry has filed his claims under two sections of the Companies Act 2013 that deal with shareholder oppression and mismanagement.