Cyrus Mistry has been battling problems on a number of fronts in recent months, including a costly settlement with Japanese telecoms operator NTT Docomo and the sale of Tata Steel's loss-making business in Britain.
The Tata board has set up a committee - which includes Ratan Tata and four others - to choose a new chairman in place of Cyrus Mistry.
At 42, more than 10 per cent of those on the 2016 list of The Forbes 400 of the wealthiest people in America are immigrants who have achieved great business success in the country, Forbes said.
Some investors are finding that companies with more women in top positions outperform. Now they're starting to wonder: How much does a female CEO add to market returns?
New-age retailer Flipkart's co-founders Sachin and Binny Bansal made a surprise exit from the Forbes list of India's 100 wealthiest people, while yoga guru Ramdev's close associate Balkrishna has entered the ranking with a net worth of $2.5 billion.
Yoga guru Ramdev's aide Balkrishna, who is co-founder of consumer good company consumer Patanjali Ayurved, has debuted on Forbes magazine's '100 Richest Indians' list.
As Mint Street readies for the new Reserve Bank of India governor, Raghuram Rajan's three-year tenure marked with numerous controversies ended on September 4.
Wrestler-turned-actor Dwayne Johnson topped a Forbes magazine list of the world's highest paid actors on Thursday with an estimated 2016 payday of $64.5 million.
"Hunger Games" star Jennifer Lawrence on Tuesday topped a Forbes magazine list of the world's highest paid actresses for the second straight year, earning some $46 million, followed by Melissa McCarthy.
Billionaire Anil Ambani's elder son Anmol Ambani was on Tuesday elevated to Reliance Capital's board as an additional director, the company said in a statement. 24-year-old Anmol Ambani, the eldest son of Anil Ambani, had been working with Reliance Capital since 2014.
US Olympic swimmer Ryan Lochte lost all four of his major sponsors, including Speedo USA and Ralph Lauren Corp, following his apology for an "exaggerated" story about being robbed at gunpoint at the Rio Games.
While job satisfaction had some impact on physical health, its effect was particularly strong for mental health.
Urjit Patel will take over as the new RBI Governor, when the three-year term of the outgoing central banker Raghuram Rajan ends on September 4.
Sunil Bharti Mittal, chairman of India's largest telecom company Bharti Airtel, will take home a higher annual pay package of over Rs 30 crore, excluding perquisites, for this fiscal year.
Reserve Bank Governor Raghuram Rajan on Tuesday flagged the difficulties that public sector banks face in attracting top talent. State-run lenders tend to overpay at the bottom but underpay their top executives, Dr Rajan said, adding jokingly that he himself felt "underpaid".
D Subbarao, who was governor of the Reserve Bank of India during the UPA regime, on Thursday said there was pressure from the government to cut lending rates but he did not succumb to it.
Air India, the country's national carrier, is largely innocent of customer service - unless it's a politician who's traveling, in which case, the VIP is often spotted being escorted by an eager retinue of staff.
Raghuram Rajan on Tuesday described his three-year tenure at the Reserve Bank as "fantastic", adding that he "loved every minute" at the Mint Street. The much admired former International Monetary Fund chief economist is due to step down on September 4 to return to academia in the United States.
Software giant Microsoft has named former Honeywell top executive Anant Maheshwari as the President of its India operations.
A study of one million people has found that physical inactivity costs the global economy $67.5 billion a year in healthcare and productivity losses, but an hour a day of exercise could eliminate most of that.