Business


Mistry on way out of TCS

He said he was "fighting to save the soul of the Tata Group". Tata Sons, which is the holding company of the Dollars 103 billion salt-to-software conglomerate, holds over 73 per cent of TCS shares. A shareholder Adil Irani, argued with the chair about not getting a satisfactory reply on Mr. Mistry's removal. Mistry has found support at multiple boards, including Indian Hotels and Tata Steel, while some like Tata Motors have been divided houses.


Quest data breach exposes private health information of 34000 patients

Quest data breach exposes private health information of 34000 patients

The records that were hacked included lab results and some phone numbers. Social Security numbers, credit card information, insurance and other financial information was not accessed, Quest said in a media release. Once the hack was discovered, Quest said, the company "addressed the vulnerability" and has taken steps to "prevent similar incidents from happening in the future".


Asahi in $A11b deal for East Europe beers

Asahi in $A11b deal for East Europe beers

The acquisition still needs to be approved by the EU's anti-trust regulators. The Czech Republic, where Asahi will be the leader, has the world's highest per capita consumption, though SAB's European margins had been eroding for years amid price competition.


5 held in Delhi with Rs 3.25 crore in scrapped currencies

5 held in Delhi with Rs 3.25 crore in scrapped currencies

Jewellery worth Rs 1.06 crore was also seized and handed over to the I-T department. Officials said the agency arrested the accused, including the brother-in-law of a state government official, under the provisions of the Prevention of Money Laundering Act (PMLA).



Income Tax raids Bengaluru flat, recovers Rs 2.89 crore stash

The IT sleuths had to inform the jurisdictional Yeshwantpur police and requested their assistance in conducting the raid. The team with the help of police and other residents of the apartment entered the flat, where one room was found to be locked.