Tata Group

Noel Tata to step down as Voltas chairman a week after exiting Trent

Almost a week after stepping down as chairman of Trent, Noel Tata announced on Tuesday that he would also relinquish the chairmanship of another Tata group firm, Voltas. Addressing shareholders of the leading cooling products maker in its 72nd annual general meeting (AGM), Noel Tata, 69, said this would be his last AGM as Chairman of Voltas. "As you might be aware, this will be my last annual general meeting as Chairman," Noel Tata said in his address to shareholders. He said the company has developed its next generation of leaders through a combination of internal promotions and lateral hiring and expressed confidence in the management's ability to drive future growth. "The company has developed our next generation of leaders, from both in-house promotions and lateral hires. I am confident that with the close cooperation of seasoned practitioners and new talent, your company will continue to take big strides in all business segments," he said. Thanking shareholders, employees an

Updated On: 30 Jun 2026 | 11:51 PM IST

IHCL on track to invest ₹6K-7.5K cr over next 5 years: Chandrasekaran

IHCL plans to invest ₹6,000-7,500 crore over five years as it expands its hotel portfolio, backed by strong domestic tourism and healthy cash flows

Updated On: 30 Jun 2026 | 11:50 PM IST

Apple iPhone 18 Pro photos, supplier lists leaked after cyberattack on Tata

Sensitive supplier lists, component details and images of Apple's upcoming iPhone 18 Pro models were allegedly posted online by a ransomware group following a cyberattack on Tata Electronics

Updated On: 30 Jun 2026 | 7:28 AM IST

Tata Motors set to complete Iveco transaction by Q2FY27: N Chandrasekaran

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

Updated On: 29 Jun 2026 | 4:34 PM IST

Trent stock shines in subdued market, up 3%; should you buy, hold or sell?

In the past month, Trent outperformed the market by surging 17 per cent, as compared to 2 per cent rise in the Nifty 50.

Updated On: 29 Jun 2026 | 12:38 PM IST

Best of BS Opinion: India-EU ties, Rolex, Joe Sacco, pseudoscience

Strategic partnerships, purpose-driven capitalism, free speech, and the dangers of ideology over science lead today's Opinion page

Updated On: 27 Jun 2026 | 6:15 AM IST

Why Rolex's ownership model offers a different view of capitalism

By staying private, Rolex SA is proud that it can remain independent and sustainable, and take long-term bets

Updated On: 26 Jun 2026 | 10:39 PM IST

BigBasket's Hari Menon says he was 'in denial' about quick commerce

Stepping down as CEO, Hari Menon says BigBasket initially underestimated quick commerce and now expects the Tata-owned firm to prioritise profitability over market share

Updated On: 26 Jun 2026 | 6:59 PM IST

Why Tata Electronics' cyber breach could be a concern for Apple and Tesla

A ransomware group claims to have leaked over 200,000 Tata Electronics files, including documents linked to Apple and Tesla, raising fresh supply-chain security concerns

Updated On: 23 Jun 2026 | 11:52 AM IST

Voltas crosses 1 million AC sales mark in record time during FY27

Voltas said robust consumer demand, an expanded distribution network and marketing initiatives helped it cross the 1 million air-conditioner sales mark in record time during FY27

Updated On: 21 Jun 2026 | 11:17 PM IST

Tata iPhone plant faces health probe after alleged groundwater pollution

State health authorities are investigating complaints from farmers who reported skin ailments and alleged contamination of agricultural land near the facility in Hosur

Updated On: 19 Jun 2026 | 2:08 PM IST

Trent share price soars 5%, rebounds 40% from 52-week low; here's why

Analysts believe Trent's strong execution capabilities, tie-up with suppliers across India and better mix will help witness a faster recovery in profitability in the medium to long run.

Updated On: 17 Jun 2026 | 12:37 PM IST

BigBasket targets a profitable turn in 12-15 months, says Hari Menon

As Hari Menon steps down as CEO, BigBasket shifts focus from market share to profitability, targeting break-even within 12-15 months

Updated On: 16 Jun 2026 | 11:10 PM IST

TN pollution body flags alleged violations at Tata's iPhone components unit

The pollution regulator has warned that the unit may face closure action and possible stoppage of power supply if Tata Electronics fails to provide a satisfactory explanation

Updated On: 13 Jun 2026 | 6:48 PM IST

Tata's iPhone parts factory contaminated farmland water: Pollution board

India's Tata Electronics is central to Apple's push to ​diversify iPhone production beyond China and is the second-biggest supplier to Apple in South Asia after Taiwan's Foxconn

Updated On: 13 Jun 2026 | 2:43 PM IST

Tata Trusts' Vijay Singh seeks probe into 1989 Tata Sons share transfer

Tata Trusts Vice Chairman has urged Maharashtra's charity commissioner to order an inquiry into the transfer of Tata Sons shares from the Navajbai Ratan Tata Trust to late industrialist Naval Tata

Updated On: 13 Jun 2026 | 1:32 PM IST

Tata Sons board discusses Chandrasekaran's term, but no decision

Tata Sons board holds inconclusive discussions on N Chandrasekaran's third term as leadership questions and Tata Trusts tensions remain unresolved

Updated On: 12 Jun 2026 | 11:38 PM IST

Air India plans to downsize as Tata group balks at losses of $3 billion

Air India is considering delaying aircraft deliveries and scaling back expansion plans after Tata Group directed the airline to focus on reducing mounting losses

Updated On: 12 Jun 2026 | 7:40 PM IST

TCS launches India's first Oracle AI Data platform lab in Kolkata

Tata Consultancy Services on Friday launched India's first Oracle AI Data Platform Lab and Centre of Excellence (CoE) here to help enterprises accelerate adoption of artificial intelligence and data-driven transformation. The facility at Delta Park Lords in Kolkata has been set up in collaboration with Oracle and will support customers in addressing challenges such as fragmented data systems, slow analytics cycles, limited AI scalability and operational inefficiencies, the IT major said. TCS said the lab will leverage Oracle AI Data Platform, which combines Oracle Cloud Infrastructure, Oracle Autonomous AI Database and OCI Enterprise AI, to help organisations make enterprise data AI-ready and deploy AI-powered applications and automation at scale. The IT services major also plans to establish similar Oracle AI Data Platform Labs and Centres of Excellence in four more Indian cities over the next three years, a statement said. "The facility is designed to accelerate the journey from

Updated On: 12 Jun 2026 | 2:08 PM IST

'BJP govt to bring Tatas back': Bengal CM attacks TMC over industry policy

West Bengal Chief Minister Suvendu Adhikari on Friday said the BJP government would bring the Tata Group back in the state, and accused the previous Left and TMC regimes of either forcibly acquiring land or merely indulging in "photo sessions" in the name of industrialisation. Addressing a press conference here, Adhikari promised to revive West Bengal's industrial fortunes and said his government would attract investment and create jobs without repeating the mistakes that had triggered the Singur and Nandigram agitations. "We will bring back the Tatas in Bengal," the chief minister asserted, referring to the conglomerate whose small-car project at Singur in Hooghly district was shifted to Gujarat in 2008 following a prolonged land acquisition dispute. In a pointed attack on the opposition TMC, Adhikari alleged that the Mamata Banerjee government spent years making claims about industrial revival without delivering tangible results. "We don't want to indulge in lies and organise pho

Updated On: 12 Jun 2026 | 1:19 PM IST