Indian Hotels
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No compelling reason for removal of Cyrus Mistry as director, says proxy advisor InGovern
•Six of the seven Tata listed group companies where Mistry serves as a director have called EGMs between December 13 and 26 after having received requisition to this effect from the promoter shareholder, Tata Sons.
Indian Hotels convenes EGM on 20 December to seek Cyrus Mistry removal
•The Ratan Tata-led interim management of Tata Sons is seeking to oust Mistry from his positions in the operating group firms, including IHCL and Tata Motors.
Tata-Mistry row: Tata Sons, TCS boards to meet today to revoke Cyrus's voting power
Fp Staff •The meeting to do away with the proxy powers of former Tata Sons chairman will be on the agenda, while other important developments happened since last week would also be discussed during the meet
Indian Hotels boardroom rebellion: Are the Tatas clasping straws in the wind?
Smurlidharan •Tatas seems to be caught in a time warp. They haven’t learnt lessons from other family controlled companies in India many of whom run a tight ship with a stranglehold on the equity of the operating companies.
Cyrus Mistry has no plans to quit as Chairman of Tata group companies
•Digging in his heels after being ousted as Chairman of Tata Sons, Cyrus Mistry plans to continue in his current role at Tata group firms, including Tata Steel, TCS and Tata Motors, where he is Chairman.
NS Rajan resigns as non-executive director of Indian Hotels
•Days after quiting as the Tata Group's HR head, N S Rajan has now resigned as a non-executive director of its hospitality arm Indian Hotels Company Ltd with effect from October 28.
Indian Hotels Company gets three more months extension to operate Taj Mansingh hotel as NDMC defers auction
Fp Archives •Lease to operate Taj Mansingh hotel was to expire on June 30; delay in auction to allow IHCL to operate the hotel till September 30
Indian Hotels gets 2-month extension for Taj Mansingh
Fp Archives •Indian Hotels has got another extension to continue operations of the Taj Mansingh hotel after its current lease agreement expired last week as NDMC cannot hold an auction with the Model Code of Conduct
Guess what? Motherson Sumi creates more wealth than 8 Tata group cos
Moneycontrol123 •capitalization of eight of the Tata Group’s smallest listed firms combined is smaller than that of automotive products' manufacturer Motherson Sumi.
No auction before Delhi polls, Tatas to run Taj Mansingh for next 3 months
Fp Staff •With the Taj Mansingh lease set to expire on 10 October, the Tatas have reportedly been allowed to operate the Taj Mahal Hotel for another three to six months. <br /><br />