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NCP (SP) president Sharad Pawar on Tuesday called for preserving the social commitment and institutional role of the Tata Group, citing its deep-rooted Maharashtra connection, and said its charitable ownership must be protected. The current leadership issue should be resolved through due process, dialogue and adherence to the Articles of Association, the former Union minister said in a post on X. Protecting the Tata Group's trust-based legacy is the need of the hour and essential to preserving its contribution to India's development, he stated. The Tata Group's legacy is rooted in the belief that business should serve society, the former Maharashtra chief minister said, adding that Tata Trusts' institutional role and rights must be respected under the established governance framework. On September 17, Tata Sons directors voted to reappoint N Chandrasekaran as executive chairman for a further five years - only for Tata Trusts, the conglomerate's majority shareholder, to declare the
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 ...
The board of Tata Sons will meet on Tuesday, and discussions on the diversified group's loss-making companies are likely to come up, sources said on Monday. However, sources made it clear that any discussion on Tata Sons chairman N Chandrasekaran's reappointment is unlikely at the board meeting, which comes amid rising frictions within the group. Individual companies, especially those currently loss-making, are likely to make a presentation on the state of their business and the way ahead, a source said. Chandrasekaran and Tata Trusts chairman Noel Tata, who is a nominee director on the Tata Sons board, are understood to have met over the weekend to discuss the same matter on the performance of the companies. In FY25, Tata group's unlisted businesses posted a loss of Rs 10,905 crore, which is likely to go up to Rs 29,000 crore, according to reports. It can be noted that the Tata group, which includes the Tata Trusts owning two-thirds of Tata Sons, the holding company of the group,