Nusli Wadia News


Tata-Mistry spat shows independent company directors vulnerable in India

Such corporate infighting could set a dangerous precedent, suggesting an urgent need to relook at the role of independent directors in the country, say experts

2 min read23 Dec 2016

Tata Steel shares fall over 3% after Nusli Wadia’s ouster

On Bombay Stock Exchange, the Tata Steel shares closed at Rs392.40, down 3.09 % from previous close

1 min read22 Dec 2016

Odds stacked against Nusli Wadia at Tata Motors EGM

A number of shareholders, at the Tata Motors EGM, spoke in favour of the resolution seeking Nusli Wadia's removal was any indication

3 min read23 Dec 2016

Nusli Wadia removed as Tata Steel director

Nusli Wadia was removed as Tata Steel director after 9 out of 10 shareholders who voted favoured the resolution

1 min read22 Dec 2016

Tata Steel EGM: Verdict on Nusli Wadia as independent director likely today

At Tata Steel EGM Wednesday, several shareholders supported Nusli Wadia's ouster due to his support to Cyrus Mistry, but many others questioned the move

2 min read22 Dec 2016

SES recommends Tata shareholders to vote in favour of Nusli Wadia ouster

IiAS too has recommended voting in favour of Nusli Wadia's removal after he filed a Rs3,000 crore defamation suit against Ratan Tata and Tata Sons

3 min read20 Dec 2016

Bombay HC allows Tata group firms to hold EGMs

If the Tata EGMs result in Nusli Wadia's ouster from Tata Steel, Tata Motors and Tata Chemicals, one seat on the board will remain vacant till court passes final order

2 min read17 Dec 2016

News in numbers: India’s trade deficit in November stood at $13 billion

In other news, Rs5 lakh crore is the amount that has been supplied to the market in new currency notes since the demonetisation move was announced on 8 November

4 min read16 Dec 2016

Nusli Wadia shifts focus to ‘lapses’ at Tata Chemicals

Independent director Nusli Wadia alleges senior managers were asked to sign a pre-drafted letter seeking to endorse the stand of Tata Sons

4 min read16 Dec 2016

Nusli Wadia files Rs3,000 crore defamation suit against Tata Sons

In his missive, Nusli Wadia called upon Tata Sons to prove and substantiate the charges levelled against him with documentary evidence

1 min read16 Dec 2016
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