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    • COMMENT: Move to expel Wadia from Tata boards raises governance questions

      For common shareholders, Independent Directors and auditors are eyes and ears in the company. Expelling one without adequate reason defeats the purpose of having an independent director.

    • GoAir gets first A320 neo, fleet strength rises to 20

      GoAir has also became the second operator to have this latest fuel-efficient aircraft from the European aviation major, Airbus.

    • 2014 H2 may bring cheer for otherwise tough realty sector

      From DLF to Hiranandani, Wadia to Raheja, Rustomjee to DB Realty, the list of developers who found themselves in the midst of legal tussles this year, is a substantial one. While some developers came under the scanner for allegedly exploiting vulnerable home buyers, others were hauled up for diverting their financier's loans.

    • Bombay Dyeing jumps 5% on favourable Bombay HC order

      This plan for redevelopment has been upheld, with the Bombay HC ruling that the final discretion over where to surrender land, in such a scheme of redevelopment, rests with the developer Bombay Dyeing, in this case.

    • Bombay Dyeing gets HC nod, can handover land at 1 location

      Bombay Dyeing had proposed that instead of surrendering a parcel of land in Lower Parel, it will compensate for that by giving an equal land in Wadala as a part of one comprehensive plan.

    • Britannia jumps 4% on property sale buzz

      "However, due to the economic slowdown, the company is unable to find a suitable buyer. This is part of Wadia's plan to raise funds on Britannia‘s books and use the proceeds in launching new products and expand globally," the media report said.

    • Go Air in talks to sell stake to strategic investor

      CNBC-TV18's Sunanda Jayaseelan reports, in an exclusive, that low-cost carrier Go Air is reportedly in talks with three different global airlines for a possible sale of stake.

    • GoAir to add 8 aircraft by July 2014, aims 92 by 2020

      Wadia group's no-frills carrier Go Airlines today said it will acquire eight more aircrafts to increase its fleet to 21 by July 2014 from the existing 13.

    • This is how Central Bank of India plans its retail biz

      State-owned Central Bank of India is pushing ahead with plans to expand its retail presence with a kitty of diverse products. According to Ram Sangapure, General Manager – retail, it is eying 45% retail growth in FY13 to be driven by special loan scheme for micro, small and medium (MSME) sector, mortgage, home and gold loans.

    • Tata's choice of chairman preserves Parsi tradition

      The days when Mumbai's Parsi community dominated a city they helped to build may have faded, but the rise of Cyrus Mistry to the helm of the Tata Group reinforces the clout it wields in some of India's biggest conglomerates.

    • Management rejig at Wadia Grp: Jeh, Ness Wadia switch roles

      A big reshuffle was announced within the Wadia Group of companies, reports CNBC-TV18’s Tanvi Shukla.

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