Business services provider Quess Corp said Tata Sons had sold it the remaining 30% of BPO provider Conneqt Business Solutions Ltd. Quess had purchased a 51% stake in the company in Nov 2017 at a cost of Rs 153 cr or about $23 mn at the time. Quess had increased its stake in Conneqt from […]
In a big relief for Tata Sons, the Supreme Court has stayed the order of the National Company Law Appellate Tribunal reinstating Cyrus Mistry as the chairman of the Tata Group. It also sent a notice to Cyrus Mistry and is likely to take up the case again after four weeks. Cyrus Mistry had filed […]
A day after Tata Sons filed a plea in the Supreme Court against a decision by a statutory body restoring Cyrus Mistry as its chairman, subsidiary Tata Consultancy Services also filed an appeal seeking a stay on the reinstatement of Mistry as a director on the information technology company’s board. Tata Sons is the main […]
DoCoMo, the Japan-based telecom group and a partner of Tata Sons in their telecom venture in India, said there are no impediments for Tata Sons to pay the penalty awarded by the London Court of International Arbitration. DoCoMo said Tata Sons should not use a recent decision by the Reserve Bank of India against the […]
