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Tata group loses court case in India’s biggest corporate feud

Bloomberg Tata Sons Ltd suffered a shock defeat as an Indian court ordered it to reinstate the chairman it fired in 2016, a ruling that may paralyse the $110 billion conglomerate’s plan to revive growth by selling assets, finding new partners, and cutting costs. An appeals court on Wednesday said former chairman Cyrus Mistry was improperly ousted from the Tata ...

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Tech shudders as US weighs new limits on Huawei

Bloomberg The US government is weighing new limits on sales of chips and other vital components to China’s Huawei Technologies Co, sparking another furious round of lobbying by technology firms. Industry associations representing US chipmakers, software companies and manufacturers have written to Secretary of Commerce Wilbur Ross in recent weeks arguing against the changes, according to copies obtained by Bloomberg ...

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India top court to examine contentious citizenship law

Bloomberg India’s controversial religion-based citizenship act will have to pass the scrutiny of the nation’s top court, even as Prime Minister Narendra Modi’s government pledged to push ahead and implement the law. A three-judge bench headed by Chief Justice of India S.A. Bobde issued a notice to the government seeking its response. The court agreed to examine the legality of ...

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