Cyrus Mistry resigns from all Tata Group companies

Ousted Tata Sons chairman Cyrus Mistry on Monday announced his resignation from all listed Tata companies, according to a Times Now report. In a statement, Cyrus Mistry has said that he will take legal route against the Tatas. “My efforts were aimed at reforming the system, which may well be[Read More…]

Twenty-First Century Fox agrees to buy UK-based Sky

Rupert Murdoch’s Twenty-First Century Fox said on Thursday it had agreed to buy European pay-tv firm Sky for $14.6 billion, sticking to its earlier offer despite complaints from some investors. Fox is the founding shareholder in Sky and currently owns approximately 39.1 percent of Sky’s shares and this deal would[Read More…]

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