Tata Sons

Tata Sons listing in public interest, have faith in govt, says SP Mistry

SP Group Chairman Shapoorji Pallonji Mistry on Friday again pressed for listing of Tata Sons, saying it is not merely a regulatory compliance but a necessary evolution in the public interest, reposing faith in the government and RBI to "act decisively" on the matter. In a statement, Mistry said the SP Group has "full faith in the government of India and the Reserve Bank of India to act decisively" on the matter of listing of Tata Sons -- the holding company of the coffee-to-cars-and-software conglomerate. So far, no clear evidence-based case has been presented to explain how a public listing would materially damage the interests of the Tata Trusts or reduce their ability to serve beneficiaries, he added. Mistry's comment comes amid reports that two of the trustees of Tata Trusts, Venu Srinivasan and Vijay Singh, have favoured public listing of Tata Sons. On the other hand, Tata Trust Chairman Noel Tata is against the move. "As I have stated earlier, we would like to reiterate that

Air India operating through a challenging phase: N Chandrasekaran

Tata Sons chairman says Air India is navigating a tough phase amid disruptions but remains committed to long-term transformation and improving customer experience

Chandrasekaran says Air India is going through a challenging period

Chandrasekaran urged staff to focus on execution and stay grounded in reality

Decision on Tata Sons listing likely soon amid Trusts controversies

While there are indications that the status of Tata Sons as an upper-layer NBFC may be on the table, the RBI has not commented on any specific company issue

Custodian, not owner or promoter: Listing key to Tata Sons control debate

Following the unexpected turn of events, it may help to take a closer look at what Tata Trusts, its trustees, its chairman, and the nominee directors stand for vis-a-vis Tata Sons

Tata Sons in profit over 10 years, even as unlisted companies in red

Tata Sons' cumulative net profit at ₹1.97 trn over the decade, unlisted firms' combined loss at ₹1.75 trn

Tata's in-house feud is going public. What's stopping its equity?

Trust dominance and a history of family feuds test Tata's ownership structure as pressure grows to list the holding company as regulatory and governance pressures mount

Listing Tata Sons will help resolve multiple issues within the group

Tata Trusts, a philanthropic body, owns 66% of Tata Sons, which oversees about 26 listed companies along with several unlisted firms, adding to the complexity of the group's shareholding structure

Tata Trusts stand on Chandrasekaran unchanged amid Noel's concerns

A Tata Trusts resolution backing a third term for N Chandrasekaran remains valid, even as questions linger over Tata Sons' future structure

Noel Tata's stance on IPO stalled N Chandrasekaran's reappointment

Chandrasekaran defers third-term nod as Noel Tata seeks assurances on listing, debt and SP Group dispute, exposing fresh fault lines within Tata Sons

AI biggest opportunity for tech, IT: Tata Sons Chairman N Chandrasekaran

N Chandrasekaran says AI is the next great infrastructure as Tata Sons plans India's first large-scale AI-optimised data centre with OpenAI

Air India a responsibility, not just a business opportunity: Chandrasekaran

Tata Sons Chairman N Chandrasekaran on Saturday said Air India, which is undergoing a transformation, is not just a business opportunity but a "responsibility" for the Tata Group. The aviation sector faces continous challenges, he said and added that the global supply chain issues make availability of parts, infrastructure and new fleet pretty unpredictable. "Every plan that you have is becoming difficult because of the situations that you face in this area," he said. Chandrasekaran also mentioned that the aviation is a very capital intensive business and also the margins are thin. At an event in the city to celebrate the 121st birth anniversary of J R D Tata, Chandrasekaran said, "I firmly believe for the Tata Group, Air India is just not a business opportunity. It's a responsibility". Tatas acquired loss-making Air India along with Air India Express in January 2022, and since then, the group has been working on an ambitious five-year transformation plan. However, the progress ha

Inside the Tata Trusts turmoil: Vijay Singh alleges a coordinated ouster

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

Air India's losses 'dragged' down net profit in H1: Singapore Airlines

Singapore Airlines reported a 67.8% drop in H1 profit, citing Air India's losses and lower interest income as key factors

Big moves at Tata Trusts: Neville Tata & Bhaskar Bhat join the board

In a key leadership reshuffle, the Tata Trusts — the controlling shareholder of Tata Sons — has appointed Neville Tata and Bhaskar Bhat as trustees for a term of three years.

Shades of global governance models reflected in Tata group boardroom battle

At home, though, unlike others, the Tatas are the only industrial group who consolidated all their trusts under a single public trust umbrella

Mehli Mistry files a caveat with Maharashtra Charity Commissioner

The caveat notice has also been sent to all Tata Trusts trustees, according to a source close to the development

Air India seeks $1.1 bn from owners after crash, airspace restrictions

After facing multiple setbacks, the ailing carrier is far from its goal of achieving operational break-even by the end of March next year and has sought ₹10,000 cr from Tata Sons, Singapore Airlines

Mehli Mistry's term renewal: Three Tata Trusts trustees yet to respond

If Mehli Mistry fails to get a nod from all trustees of Tata Trusts for his term renewal, it will be an unprecedented development that could escalate the ongoing tensions

Tata Trusts battle: Venu Srinivasan named life trustee before end of term

The renewal marks his transition to life trusteeship, cementing his position within one of the most influential charitable trusts of the Tata Group