Tata group companies News
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Tata Sons, the promoter of major Tata group companies, will hike its shareholding in Tata Global Beverages and Tata Chemicals by up to 6.84 percent and 4.39 percent respectively for a total estimated value of Rs 1,458 crore.
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A day after Cyrus P Mistry's sudden decision to quit from the boards of six Tata group companies, Indian Hotels Company Ltd (IHCL) shareholders at the EGM today expressed concern over his taking the battle to the courts.
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IT major Tata Consultancy Services Limited (TCSL) on Monday pointed out that Tata Sons` ousted Chairman Cryus Mistry has caused enormous harm to the company and its shareholders.
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Tata Consultancy Services (TCS), the country's largest software services exporter, has regained a market valuation of over Rs 5 lakh crore.
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