WebinarsNew
Deep DiveNew
Explore Business Standard
The Tata Sons annual general meeting scheduled for August 18 may not take place after Sir Ratan Tata Trust, a key shareholder in the holding company of the Tata Group, was unable to nominate a representative due to a regulatory restriction imposed by Maharashtra's Charity Commissioner, people familiar with the matter said. The meeting is scheduled to consider, among other matters, the directorship of Tata Sons Chairman N Chandrasekaran, who has decided not to seek another term when his current tenure ends in February. Tata Sons has not communicated any change in the scheduled AGM date to shareholders, the people said. Latest indications are that the company plans to proceed with the meeting but could adjourn it if the required quorum is not achieved. The problem stems from the inability of the Sir Ratan Tata Trust (SRTT) - which holds a 23.56 per cent stake in Tata Sons - to hold a board meeting because of an order issued by the Maharashtra Charity Commissioner in May pending an ..
Tata Sons executive chairman N Chandrasekaran received total remuneration of Rs 158.66 crore in the year ended March 31, 2026, up from Rs 155.81 crore a year earlier, according to the holding company's annual report. The compensation is the highest that Chandrasekaran has received since Tata Sons began disclosing executive remuneration in fiscal 2022. Over the past five years, he has earned a cumulative Rs 671.4 crore. His FY26 remuneration comprised salary and other benefits of Rs 17.97 crore, up 18 per cent from Rs 15.12 crore in the previous fiscal, and a profit-linked commission of Rs 140.69 crore, unchanged from FY25. While his fixed pay has risen over the past five years, the bulk of Chandrasekaran's remuneration has come from commissions, which have increased alongside Tata Sons' profitability. His commission rose from Rs 94 crore in FY22 to Rs 100 crore in FY23 and Rs 121.5 crore in FY24 before increasing to Rs 140.69 crore in FY25, where it remained in FY26. While the ...
Indian industry needs to rise to the occasion and participate in the journey of achieving the vision of a developed nation at a time when the country is rolling out several reforms, Tata Sons Chairman N Chandrasekaran said on Thursday. Speaking at the symposium organised by the Indian Foundation for Quality Management (IFQM), he stressed the need for collective efforts, closely with the vision of the Prime Minister Narendra Modi in multiple dimensions to achieve the goals of 'Viksit Bharat'. "If India is to achieve its goals of economic, social, infrastructure and inclusive growth, the main purpose of Viksit Bharat, then we need to be working closely with the vision of the honorable Prime Minister in multiple dimensions," Chandrasekaran noted. He further said the country is embarking on the journey at a time when the world is going through several challenges in terms of macroeconomic stability, geopolitical conflicts, leading to supply chain issues, production issues, and mobility o
India's consumer market represents a long-term structural opportunity, driven by population, a growing middle class, rapid urbanisation, increasing disposable incomes and raising aspirations, Tata Consumer Products Ltd Chairman N Chandrasekaran said on Thursday. The Tata group's FMCG arm is well positioned to capitalise on the significant opportunity, he said, while addressing the annual general meeting (AGM) of TCPL. Chandrasekaran said the India economy has been growing "very strongly" and the current momentum continues to be high. India is likely to maintain similar growth momentum in the coming years, he said, adding that the global economic landscape has been rather volatile with the geopolitics reshaping supply chains, energy security, and overall resilience. The baseline forecast for the world economy is to continue to grow over 3 per cent during 2024 and 2025. However, "India has been growing very strongly with the economic growth rate of 8.2 per cent for the fiscal 2023-2