Wednesday, January 1, 2020

Tata Sons move SC challenging NCLAT decision restoring Cyrus Mistry as executive chairman

Tata Sons move SC challenging NCLAT decision restoring Cyrus Mistry as executive chairman The Tata Group sought stay of the verdict by which the National Company Law Appellate Tribunal (NCLAT) ruled as "illegal" the appointment of N Chandrasekaran as head of the holding company of over USD 110 billion salt-to-software conglomerate.

from Moneycontrol Business News https://ift.tt/2ZG5lRF

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...