Page 3 - Tata Group

Tata Projects appoints Sukumar Hebbar as managing director and CEO

Former Larsen & Toubro executive Sukumar Hebbar succeeds Vinayak Pai as Tata Projects looks to expand its presence across infrastructure, data centres and industrial EPC.

Tata Sons' FY26 consolidated net at 5-year low of ₹17,923.4 crore

Tata Sons' consolidated profit fell 35.7% in FY26 to ₹17,923 crore as losses at Air India, Tata Digital and other unlisted ventures weighed on earnings

Air India's turnaround could take up to a decade: Chairman N Chandrasekaran

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

Tata Group FY26 revenue climbs 7.8% to ₹16.24 trn, net profit at ₹1.71 trn

Tata Group's revenue at the aggregate level grew by 7.8 per cent to Rs 16,24,030 crore in FY26, while profit after tax grew 51.9 per cent to Rs 1,70,525 crore, according to its chief N Chandrasekaran. In his address to shareholders in the annual report 2025-26 of Tata Sons, the principal investment holding firm of the Tata Group companies, Chandrasekaran said, "2026 has been a year defined by geopolitical conflicts and the unprecedented global AI investment cycle". For the Tata Group, (FY)2026 overall has been a good year in terms of financial metrics, he noted. "Tata Sons' revenue grew by 9.1 per cent to Rs 42,367 crore in FY26, while profits (after tax) grew 21.8 per cent to Rs 31,961 crore," Chandrasekaran said, adding the board of Tata Sons has recommended a final dividend of Rs 1,10,717 per share, subject to shareholders' approval. He further said, "At the aggregate level, the revenue of the Tata Group grew by 7.8 per cent to Rs 16,24,030 crore in FY26, while profits (after ta

Tata Sons calls AGM on August 18 amid uncertainty over lack of quorum

Chandra's second term as Tata Sons chairman runs until February 2027, and no decision has been taken on the future course of the company's leadership yet

Tata Chemicals Q1 profit down 81% at ₹60 crore on higher expenses

Tata Chemicals on Monday reported an 81 per cent decline in consolidated net profit to Rs 60 crore for the quarter ended June on higher expenses. Its net profit stood at Rs 316 crore in the year-ago period. The company's total income rose to Rs 4,311 crore in the first quarter of this fiscal from Rs 3,815 crore in the corresponding period of the preceding year, according to a regulatory filing. Tata Chemicals, which is part of business conglomerate Tata Group, is a leading supplier to the glass, detergent, industrial and chemical sectors. The company has a strong presence in the crop protection business through its subsidiary company, Rallis India. Tata Chemicals has R&D facilities in Pune and Bangalore.

Tata Power posts 11% higher Q1 profit, plans ₹40,000 cr transmission capex

Power major outlines ₹40,000 crore transmission investment plan by 2030 as it reports higher quarterly profit and advances nuclear and renewable energy projects

Best of BS Opinion: Nationwide youth protests push govt on to the backfoot

Shyam Saran and Shekhar Gupta examine the crisis in education, R Gopalakrishnan calls for a new enterprise model, and Devangshu Datta weighs social media age bans

India needs a new state-enterprise partnership to unlock business growth

An idea on JRD Tata's birth anniversary on July 29

Tata Consulting Engineers targets $1 billion revenue milestone by FY31

The Tata Group engineering consultancy is betting on energy, semiconductors, metals, infrastructure and manufacturing to triple its business over the next five years

Tata Consumer Products' net profit rises 27.8% in Q1 on volume-led growth

Revenue grew nearly 12 per cent as the FMCG major reported steady volume growth in tea and salt, strong gains in Tata Sampann and robust international business performance

Tata's fashion brand Westside plans biggest push yet with 100 annual stores

The brand which sells apparel, beauty products, home decor, footwear and other accessories such as lab-grown diamonds, operated 300 stores at the end of its most recent fiscal year

Tata Electronics to launch India's first chip fab using older technology

Tata Electronics is preparing to manufacture India's first large-scale semiconductor wafers using 90nm process technology at its Dholera plant, marking a shift from its earlier 28nm plans

Why Tata wants to enter the commercial shipbuilding business

The Tata Group could soon enter the commercial shipbuilding space with a proposed $1 billion investment in Kerala. According to Kerala Chief Minister V D Satheesan

Tatas to foray into shipbuilding biz, eye $1 billion Kerala project

The Tata Group is planning a Rs 10,000 crore shipbuilding project in Kerala that could mark its entry into commercial shipbuilding, subject to the state government's approval.

Tata Group to invest $1 billion in shipbuilding in Kerala: CM Satheesan

The investment will add a new line of business for the $180-billion conglomerate that already makes coffee to luxury cars and steel products to smartphones

India's top 100 brands valued at $252.8 billion in 2026: Brand Finance

India's top 100 brands posted a combined value of $252.8 billion in 2026, up 7 per cent year-on-year, with Tata Group retaining the top spot for the 10th straight year

Tata Group expects auto biz to reach $100 bn in next 5 years: Chairman

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

Trent's weak Q1 update may keep growth expectations under pressure

Trent's Q1FY27 business update fell short of Street expectations on revenue growth and store additions, raising concerns over valuations despite continued expansion

IHCL's Puneet Chhatwal's remuneration rises nearly 9% to ₹25 cr in FY26

Tata Group-owned Indian Hotels Company Ltd (IHCL) Managing Director and CEO Puneet Chhatwal's remuneration increased nearly 9 per cent to Rs 25 crore in FY26, according to the company's latest annual report. Chhatwal received Rs 25 crore during the financial year ended March 31, 2026, compared with Rs 23 crore in FY25. The ratio of the IHCL MD and CEO's remuneration to the median remuneration of IHCL employees increased to 521.7 in FY26 from 506.1 in the previous financial year. The percentage increase in the median remuneration of employees during FY26 stood at 5.5 per cent, as per the annual report. It was 4.7 per cent during the previous financial year (FY25). During FY26, Chhatwal's remuneration package comprised Rs 14.21 crore as salary including an additional performance bonus, besides Rs 4.84 crore towards benefits, perquisites and allowances, and Rs 5.95 crore as commission. The company said the figures exclude provisions for leave encashment, gratuity and group health ...