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Tata Sons has rejected Tata Trusts Chairman Noel Tata's request for sharing an audio-video recording of proceedings of a board meeting held on September 17 in which N Chandrasekaran was reappointed as the chairman of the largest conglomerate's holding company. Noel, the only dissenter on the vote for the reappointment, had sought the recordings through a series of communications to Tata Sons since the board meeting, which brought out the differences between the top echelons of the salt-to-software group, with the management of Tata Sons on one side and its biggest shareholder on the other. "Video recording is mandated when one or more Directors attend online. Company has never in the past had a practice of sharing audio/ video recording of in-person meeting," Tata Sons' company secretary Suprakash Mukhopadhyay wrote to Tata Trusts on November 9. The recording is not required to be either retained or shared with anybody, including directors, the letter reads. Emails sent to Tata So
Tata Sons Chairman N Chandrasekaran has met Italian Prime Minister Giorgia Meloni at Palazzo Chigi in Rome, with the acquisition of Italian commercial vehicle maker Iveco Group by Tata Motors featuring prominently in discussions amid growing strategic industrial and economic ties between the two countries. Sources said Chandrasekaran presented the Tata Group's strategy following the Indian conglomerate's acquisition of a controlling stake in Iveco Group, one of Italy's leading commercial vehicle manufacturers, at the meeting held on Wednesday. The meeting came amid the increasing strategic economic and industrial collaboration between Italy and India. On October 30, Tata Motors said it has acquired an 89.42 per cent stake in Iveco for nearly 3.43 billion euros following the initial settlement of its cash tender offer. Addressing a global press conference at Iveco's headquarters in Turin, Italy, on Tuesday, Chandrasekaran thanked the Italian government and Prime Minister Meloni for
One must not be deterred by setbacks but view failures as opportunities to intensify their efforts and must set bold, audacious goals as they step into professional world, Tata Sons Chairman N Chandrasekaran said here on Saturday. Addressing the third convocation of Sai University here, as chief guest, Chandrasekaran noted that while artificial intelligence (AI) and rapid technological disruptions are reshaping the global economy, India is entering a period of economic growth that could prove "unparalleled" in its history and across the world for decades to come. Focusing on personal progress, continuous improvement, and advising graduates on dealing with adversity, he said: "Prepare continuously for the careers and not be deterred by setbacks. You have got to measure yourself on progress, continuous improvement, push yourself towards what you want to do. View pressure as a privilege rather than being deterred by high-stakes environments or complex problem-solving." His comments com
Commercial vehicle maker Tata Motors has secured the majority of regulatory approvals for the Iveco acquisition, and the transaction is expected to be completed by the second quarter of this fiscal, Chairman N Chandrasekaran said on Monday. Addressing shareholders at the company's second Annual General Meeting here, he said the deal is a significant strategic step in advancing Tata Motors' global ambition. In July 2025, Tata Motors announced the acquisition of Italian commercial vehicle maker Iveco Group, excluding its defence business, for euro 3.8 billion. "A transaction of this scale, spanning multiple geographies, requires a series of mandatory regulatory approvals," Chandrasekaran said at the AGM. Tata Motors has secured the majority of these approvals and is progressing well on the remaining few, he said, adding that "We look forward to completing the transaction by Q2 FY27." Chandrasekaran said the Iveco acquisition will enable the company to access advanced powertrain and
India continues to be a "bright spot" in the global economy despite geopolitical uncertainties, and offers "strong growth" as well as a very large market, even as consumer preferences and spending patterns are undergoing constant change, Tata Consumer Products Chairman N Chandrasekaran said on Wednesday. Addressing shareholders of the Tata Group's FMCG arm Tata Consumer Products Ltd (TCPL) at its 63rd Annual General Meeting, Chandrasekaran said the world today is being reshaped by geopolitical shifts, supply chain disruptions and realignments, energy transition and rapid advancements in Artificial Intelligence. This year started on an optimistic note with key developments such as the landmark trade agreement with the European Union and finalisation of the framework for an interim bilateral trade pact between India and the United States. However, concerns over economic slowdown, weakening output and inflationary pressures resurfaced after the outbreak of the West Asia conflict late .