The targeted account of Tata Sons was located at the Chembur branch of IndusInd Bank. The bank account which was a fixed deposit one had been inactive for some time

India now has 138 billionaires putting it in the third place globally. Mukesh Ambani tops the list with USD 67 million in net worth, minting Rs 7 crore every hour

According to legal sources, Tata's letter to Pallonji Mistry is part of the affidavit filed by Mistry in the Supreme Court. In the letter, Tata said that he values the contribution of Mistry

Provisions seeking independence of board members have been tightened. Can the companies catch up?

Most leading Tata companies, including Tata Power, Tata Steel and Tata Motors, are burdened by debt, making the group overdependent on TCS, its sole money spinner

Mistry camp has sought remedies for many anomalies in the NCLAT order, including about not looking at alleged oppression of minority shareholders as well as converting Tata Sons into a private limited company as a post-facto move

Jhaveri's possible appointment comes at a crucial time when Tata group is engaged in a legal wrangle with I-T Department

The apex court said it would hear the matter along with the main plea filed by Tata Sons against NCLAT's verdict

The action comes more than a year after Enforcement Directorate (ED) and Central Board of Investigation (CBI) started investigating allegations regarding irregularities of funds and even criminal misconduct by AirAsia when it was lobbying for its operational licences in India

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The dispute initially was the unceremonious removal of Mistry from the chairmanship of Tata. Wadia, who was on the boards of major Tata group companies, found it shocking and against the corporate governance standards

Tata-Wadia case: Last week a Supreme Court bench had asked the industrialists to sort out the matter between themselves

Tata vs Mistry case: On October 24, 2016, the day when he was removed, Ratan Tata and another director Nitin Nohria walked into his room and offered an opportunity to resign voluntarily. But he refused to do so and the board meeting, which commenced soon after, removed Cyrus

A three-judge Supreme Court bench on Friday noted that NCLAT \"seems to have committed errors in adjudicating and seems to lack powers to pass the directions that it has.\"

Tata vs Mistry case: The Supreme Court said that there is basic adjudication order in NCLAT in reinstating Cyrus Mistry as Executive Chairman

Share Market Update: In terms of sector, except private banking, all the other indices traded higher today, with metal and realty indices gaining 1% each.

Tata Sons Private Ltd (TSPL) had last week moved the SC against NCLAT's order, saying the judgement \"undermined corporate democracy\" and the \"rights\" of its board of directors

In an interview, eldest daughter Arunachalam accused her extended family of uncles and male cousins of denying her to execute her father's will 'just because I am a woman'

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With this fresh round of funding, Byju's has become India's third most valued start-up with valuation at about $8 billion