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Nusli Wadia

Ready to look at acquisitions if they make sense: Nusli Wadia, Chairman, Britannia

Ready to look at acquisitions if they make sense: Nusli Wadia, Chairman, Britannia

Tue, Aug 07, 2018

“After putting the company on strong financial and management footings, we are now ready and poised to look at businesses outside of our adjacencies and able to look at acquisitions if they make sense. We have the strength in terms of balance-sheet and people to do it,” chairman Nusli Wadia told shareholders.

Tata-Mistry Saga: Sebi finds no violations, mulls stricter norms

Tata-Mistry Saga: Sebi finds no violations, mulls stricter norms

Thu, Jan 26, 2017

Amidst the Tata-Mistry battle, Sebi plans to form stricter norms for removal of independent directors.

SEBI queries Tata firms on Mistry, Wadia allegations

SEBI queries Tata firms on Mistry, Wadia allegations

Sun, Jan 08, 2017

Regulator Sebi has sought detailed explanations from some listed Tata firms on alleged violations of corporate governance and insider trading norms flagged by ousted directors Cyrus Mistry and Nusli Wadia.

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Why Cyrus Mistry, Tatas dominated news headlines in 2016

Why Cyrus Mistry, Tatas dominated news headlines in 2016

Tue, Dec 27, 2016

Tata Sons announced surprise removal of its former chairman Cyrus Mistry from the company's board in October this year leading to other Tata Group companies following its footsteps to expel him from their board rooms, that kept Mistry and Tatas in the news in 2016.

Attempts made to damage Tata Group's reputation, says Ratan Tata

Attempts made to damage Tata Group's reputation, says Ratan Tata

Sat, Dec 24, 2016

Tata Sons Interim Chairman Ratan Tata on Friday said attempts have been made to damage his and Tata Group`s reputation.

Tata Chemicals' shareholders oust Nusli Wadia as Director

Tata Chemicals' shareholders oust Nusli Wadia as Director

Sat, Dec 24, 2016

Tata Chemicals on Saturday said that a majority of its shareholders at its extra-ordinary general meeting (EGM) on Friday voted to remove Industrialist Nusli Wadia as an Independent Director of the company.

Moved by the support from shareholders: Ratan Tata at Tata Chemicals' EGM

Moved by the support from shareholders: Ratan Tata at Tata Chemicals' EGM

Fri, Dec 23, 2016

Today, Wadia has filed a defamation suit against Ratan Tata and Tata Sons.

Here are events of November 11 that made Nusli Wadia sue Tatas

Here are events of November 11 that made Nusli Wadia sue Tatas

Fri, Dec 23, 2016

Chairman of Wadia Group of companies and an independent director of three Tata Group companies namely Tata Steel, Tata Motors and Tata Chemicals, Nusli Wadia, has filed a defamation suit against Ratan Tata and Tata Sons.

Nusli Wadia files second defamation case against Ratan Tata, Tata Sons

Nusli Wadia files second defamation case against Ratan Tata, Tata Sons

Fri, Dec 23, 2016

Independent director, Nusli Wadia on Friday filed a second defamation case against Ratan Tata and Tata Sons in the magistrate court, Abad Ponda, Wadia’s lawyer said.

Tata-Mistry spat shows independent company directors vulnerable in India

Tata-Mistry spat shows independent company directors vulnerable in India

Fri, Dec 23, 2016

The bitter boardroom battle at the heart of Tata Sons has put a spotlight on the vulnerability of India`s independent company directors who stand-up to, or take on a dominant shareholder.

Now, Tata Motors shareholders remove Nusli Wadia from board

Now, Tata Motors shareholders remove Nusli Wadia from board

Fri, Dec 23, 2016

Shareholders of Tata Motors have voted to remove independent director Nusli Wadia from the board of directors.

Here's what happened at Tata Steel EGM that lasted six hours

Here's what happened at Tata Steel EGM that lasted six hours

Thu, Dec 22, 2016

Shareholders of Tata Steel have voted to remove Nusli Wadia from the board of the company after a marathon six-hour long extraordinary general meeting (EGM) that was held in Mumbai on December 21, 2016.

Tata Steel EGM: Investors boot Nusli Wadia out

Tata Steel EGM: Investors boot Nusli Wadia out

Thu, Dec 22, 2016

Tata Steel said, "Both institutional and retail voted in the similar pattern with significant majority well beyond the 3/4th majority mark in all categories."

Nusli Wadia not to attend Tata Steel's EGM

Nusli Wadia not to attend Tata Steel's EGM

Wed, Dec 21, 2016

On Monday, Mistry had stepped down from his position as a member on the Board of Directors of Tata Steel.

Tata stocks in focus as Cyrus Mistry resigns

Tata stocks in focus as Cyrus Mistry resigns

Tue, Dec 20, 2016

Tata Sons`ousted chairman Cyrus Mistry in a surprise move late on Monday said he was resigning from the boards of all listed Tata companies, but he vowed to keep fighting to improve governance within the $100 billion software-to-salt conglomerate.

Proxy advisory firm revises recommendation after Nusli Wadia suit

Proxy advisory firm revises recommendation after Nusli Wadia suit

Sun, Dec 18, 2016

Revising its recommendation, proxy advisory firm Institutional Investor Advisory Services (IiAS) has supported removal of independent director Nusli Wadia from board of Tata Motors and Tata Steel, saying it was in the long-term interest of Tata Group.

Four Tata firms to vote on Cyrus Mistry's removal as director this week

Four Tata firms to vote on Cyrus Mistry's removal as director this week

Sun, Dec 18, 2016

In what could prove to be a crucial week in the ongoing boardroom war between Tata Sons and its ousted Chairman Cyrus Mistry, four listed firms of the group will vote on resolutions to remove him as director from their boards.

Bombay High Court allows Tata EGMs without intervention

Bombay High Court allows Tata EGMs without intervention

Sat, Dec 17, 2016

The Bombay High Court (HC) on Friday declined relief to minority shareholders of three Tata Group companies seeking to restrain promoters from voting at Extraordinary General Body Meetings (EGM) between December 21-23 on a resolution to remove industrialist Nusli Wadia as an Independent Director.

HC rules in Tata Sons’ favour; denies Nusli Wadia claims

HC rules in Tata Sons’ favour; denies Nusli Wadia claims

Fri, Dec 16, 2016

The Bombay High Court on Friday denied every interim relief claimed by Nusli Wadia and ruled in Tata Sons' favour.

Tata Steel sued by minority shareholder over Nusli Wadia removal

Tata Steel sued by minority shareholder over Nusli Wadia removal

Thu, Dec 15, 2016

On Wednesday, four minority shareholders of Tata group firms had moved Bombay High Court.

Nano ''serious drain on financial resources of Tata'': Nusli Wadia

Nano ''serious drain on financial resources of Tata'': Nusli Wadia

Wed, Dec 14, 2016

He said huge losses were incurred over the years.

Ratan Tata destroying Tata tradition, says Nusli Wadia

Ratan Tata destroying Tata tradition, says Nusli Wadia

Tue, Dec 13, 2016

Tata Steel’s independent director, Nusli Wadia on Monday wrote a scathing 15 page letter stating that the very reason why Tata Sons wanted him removed was his ‘independence of mind and action.’

Key test for Tata, Mistry as TCS shareholders vote tomorrow

Key test for Tata, Mistry as TCS shareholders vote tomorrow

Mon, Dec 12, 2016

The Mistry camp had lashed out at his removal as Chairman of TCS calling it as a reflection of "cloak and dagger" machinations that define "the angry strategy of the Ratan Tata camp".

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