Categories
Ads Business Latest News

SC verdict validates ethics of Tata Group: Ratan Tata

New Delhi: Appreciating the Supreme Court judgment which set aside the NCLAT order that had restored Cyrus Mistry as the executive chairman of the Tata Sons, Ratan Tata, the Chairman Emeritus of Tata Sons said that the verdict is a validation of the values and ethics of the group.

“It is not an issue of winning or losing. After relentless attacks on my integrity and the ethical conduct of the group, the judgment upholding all the appeals of Tata Sons is a validation of the values and ethics that have always been the guiding principles of the group,” Tata said in a tweet.

He added that it reinforces the fairness and justice displayed by the Indian judiciary.

The apex court accepted all contentions of the Tata conglomerate and set aside the order of the NCLAT order of December 2019.

A bench headed by Chief Justice S.A. Bobde said all questions of law are in favor of Tata Group and dismissed the appeals filed by Mistry.

The top court upheld the Tata Sons decision to sack Cyrus Mistry on October 24, 2016.

Shapoorji Pallonji Group counsel had argued that Mistry was removed because he was going to place a draft governance structure at the Board meeting on October 24, 2016.

“We find all the questions of law are liable to be answered in favour of the appellants (Tata Group) and the appeals filed by the Tata Group are liable to be allowed and Shapoorji Pallonji group is liable to be dismissed,” said the top court.

The top court said the value of SP Group shares will depend on the valuation by Tata Sons equities and the court will not determine the fair value.

Read More

Categories
Bollywood Latest News

Nat Geo’s ‘Mega Icons’ features Deepika, AR Rahman, Ratan Tata

By The SATimes News Service

From actress Deepika Padukone to music maestro AR Rahman and industrialist Ratan Tata, a slew of renowned celebrities will be seen sharing their life experiences on the second season of Mega Icons.

The upcoming National Geographic series will bring viewers closer to these personalities through exclusive and intimate interviews featuring them as well as their close ones. In the episode featuring Deepika, fans will also get to see Ranveer Singh talking about his wife.

“She was going through some kind of emotional turmoil that she was not even aware of and it kept evolving the performer in her. It started coming out in her performances,” Ranveer says in the teaser of ‘Mega Icons’.

The life story of late Indian American astronaut Kalpana Chawla will also feature in the show. “The series seeks to inspire and motivate the youth by diving deep into the lives of these successful personalities, to find the answer to an elusive question: What made them who they are today?” said Anuradha Aggarwal, Head (Infotainment and Kids), Star and Disney India, about “Mega Icons Season 2”, that premiered on September 20.

The 4-part series will throw light on the four personalities through cinematic recreations and candid interviews with the guests and their loved ones. Talking about featuring in Mega Icons Season 2, actor Deepika Padukone, said, “National Geographic for me embodies credibility and iconicity. I feel incredibly humbled to be a part of the celebrated series, Mega Icons, which allows me to share a glimpse of my journey with people across the world.”

Music maestro AR Rahman added, “It’s a pleasure to be part of Nat Geo’s Mega Icons series. I hope you find inspiration from our stories.”

Mega Icons Season 1 debuted in 2018 with stories of Kamal HaasanVirat KohliAPJ Abdul Kalam, Kiran Bedi and Dalai Lama.

Read More