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Total 82 results found. Search for [ Nusli Wadia ]

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BT Online
December 13, 2016
In a letter to Tata Steel's shareholders, Tata Sons' Independent Director Nusli Wadia said that it is ironic that the founder Jamshedji Tata started Tata Steel to fight British Steel and now Ratan Tata is trying to save British Steel (Corus/Tata Steel Europe) by deploying huge resources at the cost of Tata Steel India.

Ranjeev C Dubey
New Delhi, December 7, 2016
In 2001, SEBI made a weak attempt to introduce a stricter norm of fiduciary responsibility by introducing Clause 49 of the Listing Agreement. This defined independent directors as people who had no \"other material pecuniary relationship\" with the company which \"in the judgment of the Board may affect independence of judgment of the directors\".

Compiled by Devika Singh
Delhi, November 26, 2016

New Delhi, November 25, 2016
The move follows Mistry's ouster in October from the board of Tata Sons, the holding company of Tata Group firms, after the company criticised his performance.

New Delhi, November 24, 2016
Shares of Tata Motors declined by nearly 4 per cent today after the company called an extraordinary general meeting (EGM) on December 22 to seek shareholders' approval for removing Cyrus Mistry and Nusli Wadia as directors of the firm.

BT Online
New Delhi, November 24, 2016
Snapping gains from Wednesday's trade, Sensex plunged over 100 points falling to 25,955 level while the Nifty50, breached its 8,000-mark at 7,992, down nearly 40 points.

New Delhi, November 22, 2016
Nusli Wadia is an independent director on some Tata Group companies which have called EGMs to remove him from their boards for allegedly siding with ousted chairman Cyrus Mistry.

Nevin John
November 16, 2016
The board of Tata Global Beverages (TGB), formerly Tata Tea, has voted to remove Cyrus Mistry as the chairman on Tuesday, making it the second major Tata Group company after TCS to do so. As expected, Mistry lashed out at the decision, dubbing it as \"inaccurate and illegal\".

New Delhi, November 15, 2016
Tata, who reportedly wrote to Prime Minister Narendra Modi informing him about the changes at the over USD 100 billion group within hours of Tata Sons bringing him back in place of Mistry, met Jaitley for over 30 minutes.

BT Online
November 15, 2016
The stock hit a new 52-week low of 2054 on the BSE  today. The stock rose 0.81 per cent to Rs 2122 level on the BSE.

November 13, 2016
Terming Tata Sons' contention that group companies were \"drifting away\" under him as \"furthest from truth\", ousted chairman Cyrus Mistry today hit back at Tata Sons calling its criticism of independent directors, revered names in India Inc, as \"truly unfortunate\".

By Prosenjit Datta
Delhi, November 12, 2016
It would make all stakeholders - Tata Trusts, Tata Sons and group companies - act according to their best interests

Mumbai, November 12, 2016
In intensification of boardroom feud in the Tata Group, patriarch Ratan Tata-led holding firm on Friday sought removal of ousted Chairman Cyrus Mistry and his new-found supporter Nusli N Wadia from three prime listed entities, including Tata Motors and Tata Steel.

New Delhi, November 11, 2016
Tata Sons ousted Cyrus Mistry last month, sparking a bitter war of words that has escalated into an attempt by the holding company to push Mistry out of related businesses.

BT Online
New Delhi, November 11, 2016
Wadia, who is chairman of Bombay Dyeing and Britannia Industries, has been an independent director on the boards of three Tata entities - Tata Motors, Tata Steel and Tata Chemicals.

Nevin John
November 10, 2016
The new statement of Tata Sons (which sounds like a speech of Ratan Tata) against its ousted chairman Cyrus Mistry has a few points to discuss.

BT Online
New Delhi, November 10, 2016
This is the second Tata Group company whose independent directors have backed Cyrus Mistry. Earlier, the independent directors of the Indian Hotels Company had expressed their \"full confidence\" in Mistry.

Tina Edwin
April 24, 2014
Setna, Wadia and Maniar are not the only board veterans who became independent directors on the boards they have served continuously for long periods. Such long uninterrupted associations as independent directors will not be possible any more under the new Companies Act that came into effect this financial year.

New Delhi, March 7, 2014
The offer will remain valid for three days starting from Friday, the airline said in a release. Women travellers constitute nearly 23 per cent of the airline's total passengers' traffic.

Manu Kaushik
December 4, 2013
Non-executive directors at Indian companies have not proved effective so far in improving corporate governance practices. They themselves are partly to blame.

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