Volkswagen to rename US operations as 'Voltswagen'; inflation uncomfortably high in India, says Moody's Analytics; data withheld from team probing COVID-19 origins in China, says WHO chief. Watch this and more on News Blast.Also Read: India's middle class shrinks by 32 million due to Covid-19: Pew Research

'Life not always fair; I sleep with clear conscience,' says Cyrus Mistry after SC verdictFormer Tata Sons Chairman Cyrus Mistry spoke up on the Supreme Court's judgment in the long-drawn fight against Tata Sons. The apex court had stated that the company was well within its rights to oust Mistry. Mistry in a statement said that he is personally disappointed by the verdict. He added that he, however, sleeps with a clear conscience. Calling the setback another step in his and his family's evol...

In a letter to chief secretaries of states, Health Secretary Rajesh Bhushan said the current rise in coronavirus cases is a matter of concern.

Tata-Mistry case: \"As a minority shareholder of Tata Sons, I am personally disappointed by the outcome of the judgement with respect to our case,\" said Cyrus Mistry

HPCL, in a regulatory filing on Sunday, March 28 further stated that the acquisition is likely to be concluded by March 31, 2021, and doesn't require regulatory approval

Tata Group Chairman Emeritus Ratan Tata has welcomed the Supreme Court's judgement to set aside NCLAT verdict in the five-year-old case between Tata Group and Cyrus Mistry; The Reserve Bank of India (RBI) has extended the restrictions placed on Punjab and Maharashtra Cooperative (PMC) Bank till June 30, 2021; The year of the lockdown was the most challenging year for Railways, said Railways Minister Piyush Goyal. Watch this and more on News Blast.Also Read: Trai lists SBI, HDFC, Kotak Mahindra, LIC among defaulters for not complying with SMS norms

PM Modi visits war memorial, meets Bangladesh leaders, young achievers in DhakaPrime Minister Narendra Modi is on a two-day visit to Bangladesh which coincides with the country's 50th Independence Day celebrations. The Prime Minister was greeted by his counterpart Bangladesh PM Sheikh Hasina when he landed in Dhaka on Friday. While in Dhaka, PM Modi visited the National Martyrs' Memorial, Savar. The Prime Minister paid homage to the freedom fighters who had died in 1971 during the Bangladesh...

The Supreme Court on Friday upheld the ouster of Cyrus Mistry as executive chairman of Tata Sons in connection with the dispute between Tata Sons Pvt Limited and Cyrus Investments Pvt Ltd. A three-judge bench, headed by Chief Justice of India (CJI) SA Bodbe, gave its verdict on the basis of cross-appeals filed by the two entities against the 2019 National Company Law Appellate Tribunal (NCLAT) order reinstating Mistry as executive chairman of Tata Sons. The apex court had reserved its judgement in the case on December 17 last year after hearing arguments presented by a number of senior advocates including Harish Salve, Shyam Divan and CA Sundaram. Watch the video for more.Also Read: Tata Group shares rise up to 6% after Supreme Court upholds removal of Cyrus Mistry

The industrialist, in a tweet, on Friday, minutes after the SC judgement, \"appreciated\" the top court's verdict, stating that it is a validation of the values and ethics of Tata Group

While Tata Communications share touched an intraday high of Rs 1119.1, rising 4.21% against previous close, Tata Steel share touched an intraday high of Rs 767.3, climbing 6.14% on BSE

SC asks both parties to take Article 75 or any other legally available route. It says valuation of shares of SP Group depends on value of stake of Tata Sons in listed equities, unlisted equities, immovable assets, etc

Tata-Mistry case: Since Chandrasekaran took over as chairman on February 21, 2017, Tata Group has been trying to resolve pending issues in group companies and pivot their businesses by leveraging technologies, including Artificial Intelligence (AI), data analytics and cloud computing

A bench headed by Chief Justice SA Bobde and Justices AS Bopanna and V Ramasubramanian ruled on the matter. The Supreme Court had reserved its order on December 17 after hearing both the parties

How Chairman N Chandrasekaran is revamping the $106 billion group into a future ready, tech enabled conglomerate

Why Shapoorji Pallonji Group, with exposure to worst-hit sectors such as construction, real estate and infrastructure, is exploring options to deleverage

In a major moral victory for the past chairman of Tata Group who was unceremoniously sacked on October 24, 2016, the tribunal issued a corrigendum on Wednesday to its December 28 order saying \"the critical remarks were due to a typo\"

The Income Tax Appellate Tribunal (ITAT) passed three orders observing that the I-T department's revision orders in the three trusts are \"devoid of any legally sustainable merits.\"

A bench comprising Chief Justice S A Bobde and Justices A S Bopanna and V Ramasubramanian asked the parties to file compiled written submissions and subject index in the matter

CJI Bobde's statement was specifically addressed to Senior Counsel Harish Salve and Dr AM Singhvi, who is appearing for Tata Sons

A major issue is whether both parties will agree for an independent valuation of assets under monitoring of Supreme Court or not. Experts say it will be difficult for both to agree for an outside evaluator as it will force them to accept even an unfavourable valuation