Several Indian business leaders made headlines in 2025 with boardroom battles, bold moves, startup crises and high-stakes IPO. Let's take a look
Simone Tata, the mother of Tata Trusts chairman Noel Tata, died at a city hospital on Friday after a brief illness. Simone Tata, the stepmother of the late Ratan Tata, was 95. Simone Tata was associated both with business ventures and philanthropic activities, a statement said. "She will always be remembered for her contribution to the growth of Lakm as India's leading cosmetic brand and laying the foundation for fashion retail with the Westside chain," the statement added. The Switzerland-born Simone also guided the work of many philanthropic organisations, including the Sir Ratan Tata Institute, it said. A positive outlook and a deep resolve helped Simone overcome many challenges in her life, it said. Last respects to Simone can be paid on Saturday morning at the Cathedral of the Holy Name Church in Colaba, followed by a mass at 11 am, the statement said.
The Tata group's internal power balance remains delicate as Noel Tata succeeded in placing his son, Neville, on the board of one of the two powerful trusts that holds majority stake in Tata Sons, but is said to have failed to get his way in the other, sources said. After the demise of patriarch Ratan Tata in October last year, Noel took over as the chairman of Tata Trusts, a group of philanthropic organisations that collectively own 65.4 per cent in Tata Sons, the holding company of the 156-year-old Tata Group, which comprises around 400 companies, including 30 listed entities. On Wednesday, Noel's son Neville and former group company leader Bhaskar Bhat were appointed to the Sri Dorabji Tata Trust (SDTT), which owns 28 per cent in Tata Sons, according to a statement issued by the trust. However, he couldn't get the two appointed on the Sir Ratan Tata Trust (SRTT), which holds 23.6 per cent in Tata Sons, sources said. This is apparently because of an objection raised by Venu ...
Srinivasan gets 3-yr term in compliance with legal norms
Soon after the tension at the Tata Trusts board meeting, renewal of trustees' tenure turned into a contentious issue
Three of six Tata trustees, including Noel Tata, Venu Srinivasan and Vijay Singh, have opposed Mehli Mistry's reappointment, ending his tenure on the boards of the Dorabji and Ratan Tata Trusts
Trustees focus on philanthropic initiatives as government urges both factions to settle differences amid tensions over Tata Sons' board and governance
Tata Trusts dispute focuses on trustee seats on Tata Sons board, group's business direction, and handling minority shareholder Shapoorji Pallonji's planned exit
Tata Group trustees, including Noel Tata and N Chandrasekaran, met Home Minister Amit Shah and Finance Minister Nirmala Sitharaman amid internal disputes over board appointments at Tata Sons
Tata Sons' 107th AGM saw shareholders clear Noel Tata's appointment, other board changes and a higher dividend, with FY25 profit down on lower investment gains
The online AGM will also review Tata Capital's upcoming IPO, a proposed ₹64,900/share dividend, and Tata Sons' request to remain private amid RBI listing deadline
During FY25, Tata Sons' profit fell 24.3 per cent to ₹26,232 crore from ₹34,654 crore the previous year, according to the company's annual report
The Tata Group has pledged to pay ₹1 crore to the families of each person who has lost their life in the Ahmedabad plane crash. Noel Tata extended his heartfelt condolences to the bereaved families
Ratan Tata's stake in Tata Sons will go to his two foundations, with 70 per cent going to RTEF and the remaining to RTET, according to news reports
Captains of the industry, including richest Indian Mukesh Ambani and Tata Trusts Chairman Noel Tata, attended the swearing-in of Devendra Fadnavis as Chief Minister of Maharashtra on Thursday. Ambani, the chairman of Reliance Industries, was accompanied by his son Anant and daughter-in-law Radhika at the public event held at Azad Maidan in the country's financial capital. Others present at the swearing-in, which was also attended by Prime Minister Narendra Modi, included Mukesh's younger brother Anil Ambani. The event, held at the ground which has served as a protest site since colonial times, saw thousands of people from the general public in attendance. Shiv Sena's Eknath Shinde and NCP's Ajit Pawar also took oath as Deputy Chief Ministers. Billionaire Kumarmangalam Birla, another city-based industrialist, also attended the event along with his daughter Ananya. The father-daughter duo was seated close to financial services industry veteran Deepak Parekh. Sun Pharma's Dilip Sha
Ratan Tata's 'no comments' was more 'thunderous' than any statement when asked if he shared the apprehensions of some Tata group veterans who felt that Cyrus Mistry was trying to break up the conglomerate, according to the author of biography of the late industrialist, Thomas Mathew. Tata had fully supported late Mistry as his successor in 2012, despite having second thoughts over the suitability of the latter at the end of the first year of 'parallel running' as Chairman designate and his replacement as Chairman of Tata Sons in 2016 was due to "an ethical and a moral issue", coupled with performance issue, Mathew told PTI Video in an interview. In the biography 'Ratan Tata A Life', some Tata group veterans have been quoted airing their apprehensions about Mistry trying to break up the salt-to-software conglomerate based on his style of functioning as the Chairman and the past record of the Shaprooji Pallonji (SP) Group's acquisition of shares in Tata Sons. "There are two schools of
Noel Tata's dual role on the Tata Sons and Tata Trusts boards consolidates family oversight within the Tata Group's sprawling operations
The decision comes after an internal audit and financial review by trustees, which revealed a notable increase in staffing expenses, reaching approximately Rs 180 crore, according to a report
In a move that could give Noel Tata more power over the group's decision-making, he is now likely to be appointed to the board of Tata Sons in a meeting due to be held in the coming days
A meeting of Tata Trusts on Thursday is learnt to have discussed a range of issues including Noel Tata being part of the Tata Sons board