The management control of national carrier Air India is set to be handed over to a subsidiary of Tata Sons.
Chandrasekaran, Nadella, Pichai, Ella also figure in the civilian awards list
Budget wish list: Citizens seek jobs, support for small biz and lower tax. More in today's top headlines
Market cap up 188% since Feb 2017, as against 110% rise in Sensex
Says the pandemic has not really impacted the long-term growth trajectory of the country
In this decade, India will lead the global growth rates, said Tata group Chairman N Chandrasekaran
Digital, new energy, supply chain resilience and health to be focus of the $100-billion conglomerate.
In his New Year address to the over 800,000 employees of salt-to-software conglomerate, chairman N Chandrasekaran said 'our most important milestone this year culminated in our bid to win Air India'
The EV business in the commercial vehicles segment will remain with the parent company and is out of the purview of this deal
Both Tata and Chandrasekaran were reacting to media reports that a new CEO position will be created in Tata Sons to oversee the group's business
Bloomberg on Monday reported that Tata Sons is considering an historic revamp of its leadership structure by creating a CEO role to help improve corporate governance
Under the plan being proposed, the CEO will guide the sprawling businesses of the 153-year-old Tata empire, while the chairman will oversee the chief executive on behalf of shareholders, say sources
The shareholders will vote on raising fresh debt when group has made ambitious plans to make big splash in e-commerce and buying Air India from central govt
Globally, every country, including India, is looking at reducing its dependence on imports for chips and moving towards self-sufficiency
Business Standard brings the top headlines of the day
Online meeting is scheduled to take place on Sept 14
Tata Sons Chairman N Chandrasekaran on Tuesday met Finance Minister Nirmala Sitharaman
Tata group chairman's remarks come at a time when automobile makers across the world are facing a severe shortage of semiconductors, hitting their businesses
At present, EVs account for 2 per cent of the company's passenger vehicle (PV) sales
The firm is also investing on development of hydrogen fuel cell vehicles, company Chairman N Chandrasekaran said