Vr Mehta

At the first of the many extra-ordinary general meetings lined up to reach a verdict on the Tata Sons – Cyrus Mistry feud, a large number of retail shareholders of Tata Consultancy Services Tuesday expressed allegiance to the Group‘s beacon Ratan Tata.

Tata, Cyrus Mistry well-wishers scramble to end public spat

People close to Ratan Tata and Cyrus Mistry are attempting to reconcile differences between the two to put an end to the ugly public spat, reports CNBC-TV18 quoting sources. As of now the talks are only informal and exploratory, they say.

Taxman sends notice to Tata Trusts following demonetisation:Srcs

Sources tell CNBC-TV18 that the Income Tax Department has sent notices to Tata Trusts seeking information following the demonetisation drive. It is learnt that Sir Dorabji Tata Trust, the managing trustee, has been served a notice by the taxman.