The SP Group has accused Tata Sons of undertaking efforts to "suppress and inflict irreparable harm on it, in the midst of a global crisis triggered by the COVID Pandemic".
Following the ouster of Mistry, both sides have been engaged in a bitter war of words, with the Mistry camp raising several questions on the group‘s corporate governance standards. People close to Cyrus Mistry claim that the family is not intending to sell its 18.5 percent stake in Tata Sons any time soon.
On November 24, the salt-to-software conglomerate had asked the Wadia group chairman to withdraw his legal notice saying there was nothing vindictive in its resolution seeking his removal as independent director on board of key group firms.
Nusli Wadia has said that Tata Sons failed to substantiate any allegation made and have more to do with personal vendetta.
Ousted Tata Sons Chairman wasn't allowed access to a video clipping of the Tata Global Beverages Board meeting, reports The Economic Times.
In an interview with CNBC-TV18, R Chandrashekhar, Presiden tof NASSCOM said that Ramadorai led the NSDC and played a major role in the skill development programme over the last few years.
Shubhada Rao, chief economist, Yes Bank, Adi Godrej, President, CII & chairman, Godrej Group and Keki Mistry, vice chairman & CEO, HDFC, share their view on macro economic report and what they expect from the upcoming RBI policy.
Keki Mistry, vice chairman & chief executive officer, HDFC, says that the downgrade fear is exaggerated.