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Page 3 - Company News

Chandra decides to leave Bombay House; Tata Sons holds crisis townhall

Noel to chair Tata Trusts board on Thursday to discuss next step

Chandra decides to leave Bombay House; Tata Sons holds crisis townhall
Updated On : 13 Aug 2026 | 12:01 AM IST

Chandrasekaran's remuneration grew faster than Tata group's profits

N Chandrasekaran's Tata Sons remuneration rose 14.1% annually over eight years, outpacing profit growth at the group's listed companies and Tata Sons

Chandrasekaran's remuneration grew faster than Tata group's profits
Updated On : 12 Aug 2026 | 11:54 PM IST

Tata group hit by earnings slowdown, mcap decline in last two years

Tata companies' combined adjusted profit rose just 1.2% in FY26, while their combined market capitalisation fell 16.9%, underperforming the Nifty 50.

Tata group hit by earnings slowdown, mcap decline in last two years
Updated On : 12 Aug 2026 | 11:38 PM IST

Chandrasekaran's exit brings 158-yr-old empire at a governance crossroads

While many business groups in India follow a trust structure, experts said it works as long as the promoter, the board and professional management are on the same page

Chandrasekaran's exit brings 158-yr-old empire at a governance crossroads
Updated On : 12 Aug 2026 | 11:20 PM IST

Indel Money to raise up to ₹500 crore through public issue of NCDs

Indel Money, a non-deposit taking non-banking finance company, on Wednesday said it proposes to raise up to Rs 500 crore through public issue of NCDs of face value of Rs 1,000 each.

Indel Money to raise up to ₹500 crore through public issue of NCDs
Updated On : 12 Aug 2026 | 10:56 PM IST

Tata Group's consumer push gathered pace under Chandrasekaran's leadership

The creation of Tata Consumer Products and acquisitions of Capital Foods, Organic India and Soulfull helped the group build a larger, diversified portfolio of consumer brands

Tata Group's consumer push gathered pace under Chandrasekaran's leadership
Updated On : 12 Aug 2026 | 9:23 PM IST

Julius Baer leases 74,037 sq ft office in Mumbai for India GCC operations

The Swiss private bank's India arm has taken the Andheri East property on a 60-month lease, with a total rental outgo of Rs 102.6 crore and annual escalation of 5 per cent.

Julius Baer leases 74,037 sq ft office in Mumbai for India GCC operations
Updated On : 12 Aug 2026 | 8:27 PM IST

Reliance Brands signs pact to launch Fabletics activewear brand in India

The global activewear label will debut online before opening stores in New Delhi and Mumbai, offering women's and men's ranges under its partnership with Reliance Brands.

Reliance Brands signs pact to launch Fabletics activewear brand in India
Updated On : 12 Aug 2026 | 7:48 PM IST

Uber expands into 100 more Indian cities, deepens push beyond major metros

The bike-taxi-led rollout spans 18 states and one Union Territory, taking Uber to 225 cities as it challenges Rapido and Ola in India's fast-growing smaller markets.

Uber expands into 100 more Indian cities, deepens push beyond major metros
Updated On : 12 Aug 2026 | 7:44 PM IST

Tata Sons succession: From Mistry's brief stay to Chandrasekaran's exit

Tata Sons faces another leadership change as N Chandrasekaran opts out of a third term, reopening the succession question and highlighting the power balance between the Tata Trusts and the group board

Tata Sons succession: From Mistry's brief stay to Chandrasekaran's exit
Updated On : 12 Aug 2026 | 4:35 PM IST

From honourary knighthood to Padma Bhushan: Chandrasekaran's many accolades

Here are some of the most prominent honours N Chandrasekaran has received during his career over the years

From honourary knighthood to Padma Bhushan: Chandrasekaran's many accolades
Updated On : 12 Aug 2026 | 4:24 PM IST

How Tata Sons chooses its chairman: The succession process explained

N Chandrasekaran's exit brings Tata Sons' succession process into focus, which remains a carefully structured exercise rather than a conventional corporate appointment

How Tata Sons chooses its chairman: The succession process explained
Updated On : 12 Aug 2026 | 3:59 PM IST

Adversity reinforced faith in rule of law: Adani after US case dismissal

Adani reflected on Hindenburg Research allegations and the subsequent US Justice Dept case, days after a federal judge in New York dismissed the criminal charges against him and his nephew Sagar Adani

Adversity reinforced faith in rule of law: Adani after US case dismissal
Updated On : 12 Aug 2026 | 3:57 PM IST

Accel bets $550 million on India's next wave of founders for AI era

Venture capital firm behind Flipkart and Swiggy closes ninth India fund as part of a record $3.5 billion global raise, betting AI lets homegrown startups build for the world from day one

Accel bets $550 million on India's next wave of founders for AI era
Updated On : 12 Aug 2026 | 1:22 PM IST

Diageo challenges FSSAI rum ban in court, says action lacked 'due process'

Diageo's court challenge puts FSSAI's liquor crackdown under scrutiny, as the company questions the authority and timing of the rum ban and says the process was legally flawed

Diageo challenges FSSAI rum ban in court, says action lacked 'due process'
Updated On : 12 Aug 2026 | 1:19 PM IST

From Jamsetji Tata to N Chandrasekaran: A list of Tata Sons chairmen

N Chandrasekaran's resignation puts the spotlight on Tata Sons' long history of leadership succession. Here is a look at the chairmen who have led the group since Jamsetji Tata

From Jamsetji Tata to N Chandrasekaran: A list of Tata Sons chairmen
Updated On : 12 Aug 2026 | 1:00 PM IST

Standard Chartered expects India tech hub roles to grow as AI expands

The British lender employs about 22,000 at its global capability centers in India, which support the bank's operations worldwide

Standard Chartered expects India tech hub roles to grow as AI expands
Updated On : 12 Aug 2026 | 12:40 PM IST

N Chandrasekaran resigns as Tata Sons chairman, to stay till Feb 2027

Chandrasekaran's resignation comes days before the August 18 AGM, amid differences with Tata Trusts over his reappointment, group strategy and investments in new businesses

N Chandrasekaran resigns as Tata Sons chairman, to stay till Feb 2027
Updated On : 12 Aug 2026 | 11:59 AM IST

Full text of N Chandrasekaran's letter of resignation to Tata Sons' Board

Chandrasekaran joined the Tata group nearly 40 years ago and rose through the ranks to become the CEO of Tata Consultancy Services in 2009 and the chairman of the group in 2017

Full text of N Chandrasekaran's letter of resignation to Tata Sons' Board
Updated On : 12 Aug 2026 | 11:43 AM IST

N Chandrasekaran steps down as Tata Sons chairman: Tracing his tenure

N Chandrasekaran has resigned as Tata Sons chairman and will complete his current term without seeking reappointment

N Chandrasekaran steps down as Tata Sons chairman: Tracing his tenure
Updated On : 12 Aug 2026 | 11:38 AM IST