Page 2 - Noel Tata

Tata Group firms shed $4 billion in market value amid holding company rift

Shares of India's Tata Group companies lost $4 billion in market value on Friday, as investors reacted to heightened uncertainty over the potential listing and leadership of holding company Tata Sons

Will Tata Sons list? 4 key questions on RBI rules, board, and Trusts

The dramatic September 17 board meeting has left the Tata Sons listing at an interesting juncture, with Noel Tata-led Tata Trusts saying no to it. Here are the four questions that remain unanswered

Tata stocks fall up to 8% amid rift over Tata Sons listing, Chandra's term

Tata Sons cleared N. Chandrasekaran's five-year reappointment and its proposed listing. Tata Trusts has opposed both the reappointment and listing, citing the Trusts' public-purpose role in the group.

Clarity needed on powers of Tata Sons' board, parent trusts: Experts

Tata Sons' board vote on N Chandrasekaran's reappointment and the mandatory listing has renewed questions over governance, board authority and Tata Trusts' rights

Noel Tata opposes Chandra's reappointment, calls decision 'premature'

The Tata Sons board approved a five-year extension for Chandrasekaran at the board meeting. The decision was taken despite Noel Tata's opposition

Noel Tata, Shapoorji Pallonji discuss share swap for Tata Sons stake sale

Representatives of Noel Tata are exploring the possibility where SP Group receives shares of companies such as Tata Power in exchange for some or all of its 18.4% in the privately-held Tata Sons

Best of BS Opinion: Asim Munir, power, and paranoia

Today's opinions examine the Saudi-Turkiye-Pakistan defence pact, leadership challenges at the Tata group, Asim Munir's growing powers and the political potency of negative branding

Tata chief Chandrasekaran's exit puts $120 billion spending plan at risk

Natarajan Chandrasekaran's resignation creates uncertainty over Tata's five-year investment push as Noel Tata weighs a more cautious approach to capital spending

Tata group stocks mixed a day after Chandra's exit; check winners & losers

After shedding almost up to 5 per cent a day earlier, most Tata group stocks gained. Titan and Tata Investment Corporation remained the top laggards.

Who's next for Tata Sons as Chandra steps away? A winding road ahead

Tata Sons must constitute a selection committee to choose its next chairman amid governance disputes at Tata Trusts and unresolved questions over listing and the SP Group

4 Tata group stocks jump over 1,000% under Chandra's term; full list here

Four stocks, namely Trent, Nelco, Tata Investment Corporation and Titan Company, have seen a whopping 1,707 per cent to 1,018 per cent rise in almost 9.5 years.

Tata Trusts meets this week ahead of high-stakes AGM over quorum concerns

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

Noel Tata to step down as Voltas chairman a week after exiting Trent

Almost a week after stepping down as chairman of Trent, Noel Tata announced on Tuesday that he would also relinquish the chairmanship of another Tata group firm, Voltas. Addressing shareholders of the leading cooling products maker in its 72nd annual general meeting (AGM), Noel Tata, 69, said this would be his last AGM as Chairman of Voltas. "As you might be aware, this will be my last annual general meeting as Chairman," Noel Tata said in his address to shareholders. He said the company has developed its next generation of leaders through a combination of internal promotions and lateral hiring and expressed confidence in the management's ability to drive future growth. "The company has developed our next generation of leaders, from both in-house promotions and lateral hires. I am confident that with the close cooperation of seasoned practitioners and new talent, your company will continue to take big strides in all business segments," he said. Thanking shareholders, employees an

From Westside to Zudio: Noel Tata's remarkable 27-year journey at Trent

Noel Tata to step down as Trent chairman in November after decades of leadership that shaped Westside and expanded the Tata retail business

Noel Tata to step down as Trent chairman after nearly three decades

The development would mark the end of a tenure that oversaw the transformation of the company from a single-store operation into one of India's largest retail networks

Tata Trusts' Vijay Singh seeks probe into 1989 Tata Sons share transfer

Tata Trusts Vice Chairman has urged Maharashtra's charity commissioner to order an inquiry into the transfer of Tata Sons shares from the Navajbai Ratan Tata Trust to late industrialist Naval Tata

Trent still in early growth phase, confident of 10x revenue goal: Noel Tata

Noel Tata says Trent remains in the early stages of growth and is on track to achieve its goal of becoming 10 times larger in revenue

Trent still in early phase of growth, eyes 10x revenue goal: Noel Tata

Tata Group retail firm Trent remains in the early phase of its growth journey despite rapid expansion in recent years, said its Chairman Noel N Tata, exuding confidence that the company would achieve its ambitious target of becoming ten times bigger in revenue terms in the "not-so-distant future". Trent owns lifestyle and fashion department store chain Westside, value-fashion chain Zudio and hypermarket Star Bazaar. Tata, in Trent's latest annual report also said its future growth will continue to be anchored in building distinct, well-defined propositions across categories, while also aiming to take homegrown brands to international markets. Referring to his remarks at Trent's 2023 shareholders' meeting, Tata said he had envisioned the company becoming ten times larger in terms of revenues with commensurate profitability. "Since then, the revenue and profitability run rate have grown by over 2.5 times. Given all this, I am confident that we will reach the milestone I had reference

Tata Sons board takes close look at new-age businesses; next meet June 12

No talk on Chandra's term or listing at meeting called on Noel's behest

Noel Tata, Chandra talk ahead of tomorrow's Tata Sons board meeting

May 26 meeting expected to set the tone for Tata group's future leadership, discuss Tata Sons' listing