The Tata Group has begun scouting for a suitable candidate to head Air India, as the tenure of the incumbent, Campbell Wilson, will end next year, sources have said. Meanwhile, the Group is also looking to appoint a new Managing Director for its low-cost subsidiary Air India Express. Aloke Singh, will also be completing his tenure in the current position in 2027. "Both sides (Wilson and Tata Group) don't want a renewal (of the contract after 2027). So, it is but natural to go to the market to look for suitable candidates for the top job at Air India," said a source privy to the information. There were no comments from the Tata Group on this issue in response to a PTI query. Sources, however, said that it would take at least 3-6 months to finalise a suitable candidate for Air India, adding that if an overlap occurs, it would be good because the takeover would then become easier. The final report on the Air India Boeing 787-8 crash at Ahmedabad is expected around June. Significantl
These anchor vendors are expected to generate direct employment for over 27,614 people and create multiple times more indirect jobs
Over four decades, traditional players have ceded significant ground to state-run enterprises and new, institutionally owned businesses that now drive market growth
The automotive business unit, which contributes around 53 per cent of Tata Elxsi's revenue, is seeing signs of stabilisation.
Tata Motors will likely maintain its dominant share in the vehicle market segment, with support from India's economic growth, favourable infrastructure and construction spending, believe analysts.
Tata Electronics and Intel have signed an MoU to explore making Intel products at the Dholera fab and packaging chips at the Guwahati OSAT facility for the India market
Simone Tata, the woman who built Lakme into India's first homegrown beauty brand and later shaped Trent and Westside, leaves behind a legacy that transformed fashion and retail
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.
Seen as a Ratan Tata favourite, McGovern had strong backing at Tata-owned JLR. After Tata's death, that support disappeared, leaving him more vulnerable to internal power shifts
In the past one month, Trent stock price has declined 12 per cent amid moderation in revenue growth\
The incident raised concerns as it came months after the deadly London-bound Dreamliner crash in June that killed 260 civilians
Vice-Chairman Vijay Singh says a group of Tata Trusts trustees worked together to push him out of the Tata Sons board, claiming his removal was 'well planned if not plotted' and part of a wider power
Tata Motors demerger: Here are the leaders taking charge of the new divisions after the demerger
At 32, Noel Tata's son takes on trustee role as part of the Tata family's succession plan, while continuing to lead Trent Hypermarket's retail operations
On the BSE, Tata Motors CV stock closed at ₹327.65, down 0.79 per cent from the opening price of ₹330.25
Tata Motors demerger, TMCV share listing LIVE Updates: Following the approvals from exchanges, Tata Motors had informed in an exchange filing this week that its CV business will list on Wednesday
On the BSE, the Tata Motors (TMCV) debuted at 330.25, a premium of 26 per cent from its earlier valuation of ₹261.9
Srinivasan gets 3-yr term in compliance with legal norms
At home, though, unlike others, the Tatas are the only industrial group who consolidated all their trusts under a single public trust umbrella
The battle between Ratan Tata and Cyrus Mistry lasted five years but did not come in the way of the performance of the Tata group companies