Tata Power Company Ltd (TTPW.NS)
* Tata Power Company - got requisition from Tata Sons for convening EGM for considering and passing resolution for removal of Cyrus P. Mistry as director Source text - (http://bit.ly/2gxLgt1) Further company coverage:
I was shocked beyond words at the happenings at the board meeting of October 24, 2016. Apart from the invalidity and illegality of the business that was conducted, I have to say that the board of directors has not covered itself with glory. To "replace" your Chairman without so much as a word of explanation and without affording him an opportunity of defending himself in a summary manner must be unique in the annals of corporate history. The suddenness of the action, and the lack of explanation
SINGAPORE India's Tata Power Company Ltd plans to expand capacity by acquiring some of the country's numerous underutilized plants instead of investing in expensive new facilities, the utility's chief executive said.
* Javelin JOINT VENTURE team, a partnership between Raytheon Company and Lockheed Martin, signed a LOI with Tata Power Company Limited