N Chandrasekaran has resigned as Tata Sons chairman and will complete his current term without seeking reappointment
Most of the group stocks traded with cuts of up to 4 per cent following the report. Crown jewel Tata Consultancy Services (TCS) was the top loser with a 4.12 per cent decline.
Tata Trusts is set to meet on August 13 ahead of Tata Sons' August 18 AGM, with quorum concerns and N Chandrasekaran's reappointment among key issues
Former Ethiopian Airlines Group chief Tewolde Gebremariam will succeed Campbell Wilson as Air India chief executive, leading the airline's next phase of expansion and transformation
The comment comes as the country's second largest airline grapples with air space closures, higher fuel costs from the conflict in West Asia, and the fallout from a deadly plane crash last year
Air India's transformation journey must be seen as a five- to ten-year journey considering the years-long supply chain disruptions in key components, the need to overhaul the legacy systems, culture, fleet and creation of a large cadre of airline professionals, according to Tata Sons Chairman N Chandrasekaran. While mentioning that significant progress has been made in the transformation journey, he said every great airline in history was built over decades, not quarters. Chandrasekaran also said the airline faced three external headwinds in the 2025-26 financial year. "Air space closures; West Asia conflict-driven fuel price hikes and foreign exchange fluctuations; and the crash of AI171 made it the most challenging year for Air India. At every stage, Air India's teams responded with resilience and adaptability," he said in his letter in the Tata Sons Annual Report for 2025-26. Tata Sons took control of loss-making Air India from the government in January 2022 and has embarked on
Tata Consultancy Services added 9,279 employees in the first quarter, signalling improved visibility on deal pipelines despite persistent macroeconomic uncertainty and AI-led disruption
The panel, led by Chairman N. Chandrasekaran, will oversee the airline until a successor to Campbell Wilson is appointed
Tata Motors Passenger Vehicles aims to sell more than 1.2 million vehicles annually by FY31, with EVs contributing over 30 per cent of volumes and EBITDA margins in double digits
Tata Group expects its automotive business, including passenger and commercial vehicles, to grow to USD 100 billion in the next five years with a capex target of Rs 40,000 crore in the domestic business and about 20 billion (British) Pound for JLR, Tata Group Chairman N Chandrasekaran said on Wednesday. Responding to shareholders' queries at the 81st Annual General Meeting of the Tata Motors Passenger Vehicles held virtually, he said the EV market share target will be to remain at 40-45 per cent. It is around 42 per cent at present. Chandrasekaran said Tata Motors Passenger Vehicles Ltd will keep its focus on launching aspirational products for its current consumers as it sets sights on a 10-fold volume growth between FY20 and FY30 and command a 20 per cent market share. "I want to say that both companies (Tata Motors Passenger Vehicles Ltd and Tata Motors Ltd) have got very ambitious targets. The next five years (till FY31) the Tata Motors Passenger Vehicles company, including Jagu
Tata Power targets Rs 1 lakh crore in revenue and Rs 10,000 crore in PAT by 2030, while expanding into nuclear power, battery storage and solar manufacturing in Odisha
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
Chairman N Chandrasekaran says the combined Tata Motors-Iveco business could lift annual revenue to $35-40 billion in five years, boosting global scale and technology
Air India posted a $2.96 billion loss in FY26, its biggest since Tata regained control in 2022, raising fresh questions over the pace and cost of its turnaround
Behind the automation wave, India's IT sector is reshaping talent, delivery and the future of work
SDV strategy to complement pipeline of new launches across ICE, CNG and EV segments
From AI access and workforce disruption to economic reform and market opportunities, this edition explores how nations and industries navigate narrowing gateways
IT majors, including TCS, recently experienced erosion in stock-market valuation mainly due to investor anxiety over AI threats as well as geopolitical factors
Tata Sons board holds inconclusive discussions on N Chandrasekaran's third term as leadership questions and Tata Trusts tensions remain unresolved
Tata Consumer Products chairman N Chandrasekaran said businesses are focusing on resilience and productivity as global disruptions reshape markets and consumer behaviour