My stand on Tata legacy hotspots is vindicated: Cyrus Mistry to SC

Cyrus Mistry, previous chairman of Tata Group, has explained his stand on the group’s sick businesses was vindicated as losses in these “legacy hotspots” ongoing to mount even after a new administration, led by the recent chairman N Chandrasekaran, took more than.

In an affidavit filed in the Supreme Court docket (SC), Mistry gave facts of just about every enterprise that, he claimed, experienced unsuccessful due to the fact of improper enterprise phone calls made by his predecessor, Ratan Tata.

Both equally Tata and Mistry have moved SC versus the Nationwide Company Regulation Appellate Tribunal’s (NCLAT’s) December get that reinstated Mistry as a director on Tata Sons board and considered his removal as “illegal”. The SC, nevertheless, stayed the NCLAT get on January eleven. The SC explained the tribunal also granted the prayers which had been not prayed for by Mistry.

The petitions will be read by the SC from

Read More

Best of BS Opinion: Helping stressed sectors and gearing up for peak Covid

Substantially of the lesson from the pandemic disaster coheres with what has been now learnt. Etiologists now have to move in. Uddalok Bhattacharya sums up

The greatest point we have to worry is Covid-19 tiredness, suggests Ajay Shah.

The difficulty is not behind us Read right here

Covid-19 is the outcome of our progressively worsening dystopian romance with character, suggests Sunita Narain Read right here

Possessing centered on MSMEs, let us now transform to other sectors, suggests Tamal Bandyopadhyay. MSMEs by itself simply cannot promote the economic system Read right here

The federal government ought to take ways to make improvements to firms’ rates of return on expenditure. Diva Jain suggests how Read right here

Estimate

The Modi federal government is determined to reduce the unfold of coronavirus an infection in the country’s cash

Union Property Minister Amit Shah

Read More