shuva mandal

Shardul Amarchand Mangaldas & Co (SAM & Co), one of India’s leading full-service law firms, has appointed shuva mandal as Partner and National Head of the Corporate & M&A Practice Group.

Tata Sons on Tuesday announced the appointment of shuva mandal as Group General Counsel to succeed incumbent Bharat Vasani, who is set to move to a strategic and advisory role before retiring next year.

Tata Sons, the holding company of the Tata Group, has appointed Aarthi Subramanian as the conglomerate’s chief digital officer. Subramanian, 49, who is an executive director at TCS, will join Tata Sons next month. She will, however, continue with TCS in a non-executive capacity.

Employee costs at Tata Sons, one of the bones of contention within the management leading to the removal of Cyrus Mistry from the chairman’s post, has shot up 67% in fiscal 2019. Staff costs form a significant chunk of total expenses, which have risen 45% to Rs 3,985 crore at a time when profits from operations are showing slow growth.

Alumni of the National Law School, Bengaluru, raised enough funds in less than half a day to lease an Air Asia A320 aircraft and fly 180 migrant labourers from Mumbai to Ranchi on Thursday. This will be the first time ever in the history of Indian aviation that a group of private individuals has planned to evacuate stranded migrants by a flight.

In a note issued by J P Morgan, the financial services firm said it "continues to believe that Wipro is one of the best corporates in India in terms of corporate governance".

The CBI case of alleged efforts by AirAsia India and its senior officials to manipulate government policies might trigger calls from established carriers for cancellation of Tatas' majority-owned budget airline's licence and sharpen the divide in the domestic aviation space, according to industry experts.

CBI said that unknown officials of MoCA and FIPB (Foriegn Investment Promotion Board) connived with Venkatraman, Fernandes, Kanalingam and Dubey with intent to help AirAsia to expedite the approval process and change in aviation policies to suit the company.

As N Chandrasekaran, the first non-Parsi chairman of the Tata Group in its 150 year-old history, completes his first year on February 21, he can draw lots of satisfaction that he's successfully pulled the group out of the morass that began after the sacking of his predecessor, and also possibly has a good start to the second year with the largest acquisition the group has ever made.