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We want to reduce passenger user fees to bare minimum: Adani Airports CEO Arun Bansal

New Delhi, Sept. 23 -- Adani Group has drawn up a strategy to reduce passenger user fees at its airports to bare minimum by scaling up non-aeronautical business and city side development, CEO of its A... Read More


Sharad Pawar backs Noel Tata, saysTata group must be protected

New Delhi, Sept. 22 -- Tata Group's charitable ownership must be protected,Nationalist Congress Party(SP) chief Sharad Pawar has saidwhilethrowing his weight behind Noel Tata in his fight tokeep Tata ... Read More


Chairman's casting votecan'tbe used to defeat Tata Trustveto:Former Chief Justice of India DY Chandrachud

New Delhi, Sept. 18 -- Casting vote byChairmancan'tbe used to defeat veto rights ofTata Trust nominated directors,former Chief Justice of India D Y Chandrachud said in his legal opinion on the issue o... Read More


Noel Tata tables Rs.25,000 cr SP Group share monetisation plan for Tata Sons

New Delhi, Sept. 17 -- Tata TrustschairmanNoel Tata on Thursday presentedTata Sons board membersaproposal from Shapoorji Pallonji Group (SP Group) formonetisationof itsstake inthe holding company. SP... Read More


Tata Sons board backs Chandra for third term, Noel Tata calls vote 'legal nullity'

New Delhi, Sept. 17 -- A bitter boardroom confrontation erupted at Tata Sons on Thursday as directors voted to give N Chandrasekaran another five-year term as Executive Chairman, despite opposition fr... Read More


Listing will destroy Tata group's character: Noel Tata

New Delhi, Sept. 17 -- Listing of shares will destroy the character ofTata group, Tata TrustsChairmanNoel Tata has said. Reiterating his opposition to share sale, he saidthat Tata Group was conceived... Read More


RBI files caveat in Bombay HC on Tata Sons listing issue

New Delhi, Sept. 15 -- The Reserve Bank of India is said to have filed a caveat in the Bombay High Court anticipating a legal challenge from Tata Sons after rejecting its request for de-classification... Read More


Tata Trusts reviews ongoing projects, skips discussion on Chandra's successor

New Delhi, Sept. 11 -- Board members of Sir Dorabji Tata Trust (SDTT) met in Mumbai on Friday to review ongoing projects. However, there was no discussion on the issue related to replacement of Tata S... Read More


Emirates SkyCargo adds freighter flightsto Bengaluru,Chennaiand Hyderabad

New Delhi, Sept. 10 -- Emirates SkyCargo hasintroduced new weekly freighter services to Bengaluru,Chennaiand Hyderabad to support growth in Indian exports, it said on Thursday. The additionincreases E... Read More


Adani group sells 5.5% stake in airports business, raises $1 billion

New Delhi, Sept. 9 -- Adani Group is raising $1 billion ( Rs.9825 crore)from marquee investors including BlackRock and Temasek by selling 5.54 per cent stake in its airport sector company. The transa... Read More