Built in 1924, the 94-year-old heritage building undergone refurbishment and restoration for the first time in its history. The building was designed by the well-known architect, George Wittet, who was also the architect of the Gateway of India and the Prince of Wales Museum.

NCLT on Monday said Cyrus Mistry's petition against his removal as Tata Sons' chairman two years ago has no merit.

On June 8, 1948, Air India's first flight took off from Mumbai for London. It was a milestone in the history of civil aviation. The aircraft landed in London via Cairo and Geneva on June 10 after covering a distance of 5000 miles. The Lockheed Constellation L-749A was called Malabar Princess. Watch BusinessToday.In video to find out more about the eventful flight.

Tata Group till few months ago was seen as a potential bidder for the national airline. Last month, the government came out with a detailed preliminary information memorandum on the national carrier's stake sale.

RBI to inject liquidity of Rs 1 lakh crore in banksThe Reserve Bank has said it will inject additional liquidity of Rs 1 lakh crore in banks through longer tenor instruments to enable flexibility towards meeting their fund needs. The RBI said in order to address additional demand for liquidity and with a view to provide flexibility to the banking system in its liquidity management towards March-end, \"It is prepared to inject adequate additional liquidity using a combination of ...

The question that arises is whether Tata Sons would come upfront to facilitate an exit deal.

Earlier in June, it was reported that Tata Group chairman N Chandrasekaran had expressed preliminary interest in buying a controlling stake in Air India with a 51 per cent equity holding.

Banks and asset reconstruction companies are saddled with large number of such complex assets. When there is a huge difference between the book value and market value who will take the hair-cut?

Aftre IndiGo and Tata, global private equity firms KKR and Warbug Pincus have expressed interest in acquiring Air India's stake.

Days after budget carrier IndiGo expressed interest in buying out Air India's international operations, the Tata group, that initially owned the airline founded by its former Chairman JRD Tata, has informally sought details on the planned sale of Air India.

Putting all speculations to rest on Air India's stake sale, Minister of State for Civil Aviation on Thursday said the ministry didn't receive any formal communication from the Tata Group for Air India stake sale.

Talks about privatising Air India have been going on for a month. It all started with an interview that Finance Minister Arun Jaitley gave to DD News where he said that if private airlines could handle 86 per cent passengers then they could also handle 100 per cent.

Talks about privatizing Air India have been going on for a month. It all started with an interview that Finance Minister Arun Jaitley gave to DD News where he said that if private airlines could handle 86 per cent passengers then they could also handle 100 per cent.

Tata Sons' ousted chairman Cyrus Mistry on Tuesday denied the accusations that he was a hands-off chairman at Tata Consultancy Services.

Ratan Tata made a comeback as the interim Chairman of the group after Cyrus Mistry was removed in a surprising turn of events.

Delivering the JRD Tata Memorial Lecture in New Delhi, Sebi chief UK Sinha also said that making regulators accountable to the government would impinge upon their independence.

The critical enablers that Mistry found out are: build competent leadership and committed workforce and promote pioneering as Jamsetji Tata built first integrated steel mill, JRD the first airline and Ratan Tata the first Indian passenger car, Tata Indica.

Tata Group invested $9 billion in its businesses globally in 2015-16, even as its worldwide revenue fell marginally to $103 billion due to commodity market slowdown, Cyrus Mistry said on Friday.