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Dismissing a company petition filed against Tata Sons by the Cyrus Mistry camp, the Mumbai bench of the National Company Law Tribunal said it made out no case of minority shareholders' economic interest nor any compelling case in public interest.

As an intense price war continues to take a toll on the finances of telecom players, the Reserve Bank of India issued a warning to banks asking them to be vigilant about loans given to companies in sectors that are going through tough times...