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Go First Insolvency Upheld By Tribunal, Setback For Lessors
The National Company Law Appellate Tribunal (NCLAT) on Monday upheld insolvency resolution proceedings against crisis-hit airline Go First, derailing aircraft lessors' efforts to take back their planes from the struggling Wadia group firm.
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"Will Have No Consequence": Go First On Termination Of Aircraft Leases
Termination of leases for aircraft by their lessors would not have any consequence as the moratorium has been imposed under insolvency resolution proceedings, Wadia group air carrier Go First on Friday said.
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Wadia Group In Talks To Sell Stake Or Exit Airline Go First: Report
Conglomerate Wadia Group is in talks with strategic partners to either sell a majority stake in loss-making budget airline Go First or completely exit it, the Economics Times reported today,
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Passenger Suffers Cardiac Arrest Mid-Air. Doctor, Go First Crew Save Him
A doctor on board a Go First flight and the cabin crew with their swift actions saved a passenger who suffered a cardiac arrest mid-flight, the airline owned by Wadia Group said in a statement today.
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Nusli Wadia Withdraws All Defamation Case, Including 3,000 Crore Suit, Against Ratan Tata, Others
Bombay Dyeing Chairman Nusli Wadia on Monday withdrew all defamation cases including the Rs 3000 crore suit for damages against Tata group Chairman Emeritus Ratan Tata and others.
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Wadia Group Shares Plunge As Ness Wadia Sentenced To Jail In Japan
Bombay Dyeing & Manufacturing Co. Ltd. plummeted as much as 17.6 per cent, Bombay Burma Trading Company dropped 6.2 per cent and Britannia Industries dropped 3 per cent.
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Japan Sentencing In Drug Case "Won't Impact" Ness Wadia's Role, Says Company
Industrialist Ness Wadia's arrest in early March and subsequent sentencing in a Japanese court over possession of drugs will not affect "the discharge of any of his business-related responsibilities", the Wadia Group said today.
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Ness Wadia Sentenced In Japan, Found With Drugs During Ski Trip: Report
Ness Wadia Jailed: Ness Wadia, son of industrialist Nusli Wadia and inheritor of one of India's wealthiest business families, has been sentenced for drugs possession while on a skiing holiday to Japan.
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Nusli Wadia's Defamation Case Fallout Of Corporate Dispute: Ratan Tata
In December 2018, a magistrate court in the city issued notices to Ratan Tata and other directors of Tata Sons in the criminal defamation case filed by Mr Wadia in 2016, after he was voted out of the boards of some Tata Group companies.
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In Defamation Case By Nusli Wadia, Notice Against Ratan Tata, Others
A local court has issued notices against Tata Sons former chairman Ratan Tata, present chairman N Chandrasekaran and eight directors of the group along with the group chief operating officer in a defamation complaint filed by Wadia group chairman Nusli Wadia.
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Hearing Adjourned On Suit Filed By Tata Group Minority Shareholders
The high court had on December 16 last year directed Tata Steel, Tata Chemicals and Tata Motors to keep one post of independent director vacant until further orders.
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Ratan Tata Speaks On Mistry Feud, Wadia Files Criminal Suit: 10 Updates
In the latest development in the Tata-Mistry row, shareholders of Tata Chemicals on Friday voted in favour of removal of industrialist Nusli Wadia from the company's board. In another development, Ratan Tata, the patriarch of Tata group, has spoken out on the Mistry feud while Mr Wadia has filed a criminal defamation suit against Tata Sons and othe...
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Lady Tata Trust Couldn't Vote In Tata Motors Shareholders Meet To Oust Nusli Wadia
Tata Trusts said Lady Tata Memorial Trust, a part of the promoter group, could not vote on a resolution on removing Nusli Wadia from board of Tata Motors due to an "administrative oversight" even though it was for the proposal.
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Nusli Wadia Stays Away From Tata Steel's Shareholders Meet
Nusli Wadia asked the shareholders to vote against the proposal and continued his scathing attack on Tata Sons and criticised the group's continued steel investments in Europe.
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Tata Steel Shares Flat Ahead of EGM To Decide On Nusli Wadia
Tata Sons own a 29.75 per cent stake in Tata Steel. Mr Wadia who is also a director on the board of other two Tata group companies - Tata Motors and Tata Chemicals - which will also hold shareholders' meetings this week to remove him from their boards.
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Go First Insolvency Upheld By Tribunal, Setback For Lessors
The National Company Law Appellate Tribunal (NCLAT) on Monday upheld insolvency resolution proceedings against crisis-hit airline Go First, derailing aircraft lessors' efforts to take back their planes from the struggling Wadia group firm.
-
"Will Have No Consequence": Go First On Termination Of Aircraft Leases
Termination of leases for aircraft by their lessors would not have any consequence as the moratorium has been imposed under insolvency resolution proceedings, Wadia group air carrier Go First on Friday said.
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Wadia Group In Talks To Sell Stake Or Exit Airline Go First: Report
Conglomerate Wadia Group is in talks with strategic partners to either sell a majority stake in loss-making budget airline Go First or completely exit it, the Economics Times reported today,
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Passenger Suffers Cardiac Arrest Mid-Air. Doctor, Go First Crew Save Him
A doctor on board a Go First flight and the cabin crew with their swift actions saved a passenger who suffered a cardiac arrest mid-flight, the airline owned by Wadia Group said in a statement today.
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Nusli Wadia Withdraws All Defamation Case, Including 3,000 Crore Suit, Against Ratan Tata, Others
Bombay Dyeing Chairman Nusli Wadia on Monday withdrew all defamation cases including the Rs 3000 crore suit for damages against Tata group Chairman Emeritus Ratan Tata and others.
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Wadia Group Shares Plunge As Ness Wadia Sentenced To Jail In Japan
Bombay Dyeing & Manufacturing Co. Ltd. plummeted as much as 17.6 per cent, Bombay Burma Trading Company dropped 6.2 per cent and Britannia Industries dropped 3 per cent.
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Japan Sentencing In Drug Case "Won't Impact" Ness Wadia's Role, Says Company
Industrialist Ness Wadia's arrest in early March and subsequent sentencing in a Japanese court over possession of drugs will not affect "the discharge of any of his business-related responsibilities", the Wadia Group said today.
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Ness Wadia Sentenced In Japan, Found With Drugs During Ski Trip: Report
Ness Wadia Jailed: Ness Wadia, son of industrialist Nusli Wadia and inheritor of one of India's wealthiest business families, has been sentenced for drugs possession while on a skiing holiday to Japan.
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Nusli Wadia's Defamation Case Fallout Of Corporate Dispute: Ratan Tata
In December 2018, a magistrate court in the city issued notices to Ratan Tata and other directors of Tata Sons in the criminal defamation case filed by Mr Wadia in 2016, after he was voted out of the boards of some Tata Group companies.
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In Defamation Case By Nusli Wadia, Notice Against Ratan Tata, Others
A local court has issued notices against Tata Sons former chairman Ratan Tata, present chairman N Chandrasekaran and eight directors of the group along with the group chief operating officer in a defamation complaint filed by Wadia group chairman Nusli Wadia.
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Hearing Adjourned On Suit Filed By Tata Group Minority Shareholders
The high court had on December 16 last year directed Tata Steel, Tata Chemicals and Tata Motors to keep one post of independent director vacant until further orders.
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Ratan Tata Speaks On Mistry Feud, Wadia Files Criminal Suit: 10 Updates
In the latest development in the Tata-Mistry row, shareholders of Tata Chemicals on Friday voted in favour of removal of industrialist Nusli Wadia from the company's board. In another development, Ratan Tata, the patriarch of Tata group, has spoken out on the Mistry feud while Mr Wadia has filed a criminal defamation suit against Tata Sons and othe...
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Lady Tata Trust Couldn't Vote In Tata Motors Shareholders Meet To Oust Nusli Wadia
Tata Trusts said Lady Tata Memorial Trust, a part of the promoter group, could not vote on a resolution on removing Nusli Wadia from board of Tata Motors due to an "administrative oversight" even though it was for the proposal.
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Nusli Wadia Stays Away From Tata Steel's Shareholders Meet
Nusli Wadia asked the shareholders to vote against the proposal and continued his scathing attack on Tata Sons and criticised the group's continued steel investments in Europe.
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Tata Steel Shares Flat Ahead of EGM To Decide On Nusli Wadia
Tata Sons own a 29.75 per cent stake in Tata Steel. Mr Wadia who is also a director on the board of other two Tata group companies - Tata Motors and Tata Chemicals - which will also hold shareholders' meetings this week to remove him from their boards.
