Page 2 - Tata Sons

Action around trustee term kicks in at Tata Trusts amid ongoing tension

Venu Srinivasan's term up for renewal, Mehli Mistry next in line

Tata Sons may seek similar relief from RBI as Shanghvi Finance: Lawyers

Tata Sons, meanwhile, repaid ₹20,642 crore in FY23 to become a net debt-free company before seeking declassification as an NBFC, according to its annual report

Tata Communications transforming itself into a technology company, says CEO

Lakshminarayanan says AI and data-driven products will power future growth as firm stays on track to hit $1 billion revenue target by FY28

Windfall for major listed group companies if Tata Sons goes public

Seven listed Tata companies together own 12.1 per cent in Tata Sons with a combined book value worth around ~30,700 crore

Tata Capital debuts flat on D-street; should you buy, sell or hold?

Tata Capital shares opened at ₹330 on the NSE, reflecting a premium of 1.23 per cent over the issue price of ₹326

Third term for Chandrasekaran: Tata Trusts sidesteps retirement rules

Tata Sons will formally consider the Trusts' resolution to extend Chandrasekaran's term in 2027, marking the first time a Tata executive may serve beyond the retirement age of 65

Tata Sons IPO a moral and social imperative, says Shapoorji Pallonji group

Apart from the SP Group, the Tata Trusts own 66 per cent of Tata Sons and hold substantial voting power over board decisions. While some trustees reportedly favour a listing, others are opposed.

Show of calm at Tata Trusts board meeting amid heightened tension

Trustees focus on philanthropic initiatives as government urges both factions to settle differences amid tensions over Tata Sons' board and governance

Tata Trusts trustees to meet on Friday amid govt push to resolve rift

The outcome of Friday's meeting will be closely watched, as Tata Trusts - which holds a 66 percent stake in Tata Sons - wields significant influence over the conglomerate's governance and strategy

Govt urges Tatas to resolve boardroom dispute to maintain group stability

Tata Trusts dispute focuses on trustee seats on Tata Sons board, group's business direction, and handling minority shareholder Shapoorji Pallonji's planned exit

Amit Shah, Sitharaman meet Tata Group trustees amid boardroom dispute

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

We should help solve global carbon emissions problem: N Chandrasekaran

Tata Sons chairman N Chandrasekaran on Tuesday said India should help solve the global carbon emissions problem, adding it will require innovation and technology. We should contribute to solving the global problem of carbon emissions because unfortunately, India cannot afford the same level of carbon emissions as the Western world incurred to achieve their economic progress, he said. Doing so requires innovation and technology, Chandrasekaran told PTI at launch of the book 'Hope for Life on Our Planet: Inspiration for Seven Generations', at Bombay House, the headquarters of the Tata Group in south Mumbai. Carbon emissions are the release of carbon-containing gases, primarily carbon dioxide, into the atmosphere, mostly from the burning of fossil fuels for energy. India, as you know, has been a thriving economy and the aspiration level of the country is growing. Not only from the government, but people from all walks of life, be it business, sports, artspeople living in urban and ...

LG Electronics India IPO Day 1 update: Booked 67% so far, GMP at 29%

LG Electronics India IPO was subscribed around 67 per cent, receiving bids for 48.14 million equity shares compared to the issue size of 71.33 million share

Best of BS Opinion: RBI has done well to maintain status quo on repo rate

Today's pieces examine the RBI's decision on the policy rate, what it might do on the issue of Tata Sons' listing, 100 years of the RSS, and the question of rising populism globally as well as India

RBI's decision on listing Tata Sons would offer clarity on way forward

If you look at it more closely, 2022 to 2025 is a long time in the history of the Tata group with a lot changing in these intervening years

Tata Sons deregistration: RBI declines comment, says licence still valid

RBI governor Sanjay Malhotra declined to comment on Tata Sons' deregistration request, saying registered entities continue operations until their registration is cancelled

Afcons inducts Firoz Mistry, Santosh Nayar as new members on its board

Afcons Infrastructure has appointed Firoz Cyrus Mistry as non-executive director and Santosh Balachandran Nayar as independent director, effective Thursday

Indian industry must join journey toward developed nation: N Chandrasekaran

Indian industry needs to rise to the occasion and participate in the journey of achieving the vision of a developed nation at a time when the country is rolling out several reforms, Tata Sons Chairman N Chandrasekaran said on Thursday. Speaking at the symposium organised by the Indian Foundation for Quality Management (IFQM), he stressed the need for collective efforts, closely with the vision of the Prime Minister Narendra Modi in multiple dimensions to achieve the goals of 'Viksit Bharat'. "If India is to achieve its goals of economic, social, infrastructure and inclusive growth, the main purpose of Viksit Bharat, then we need to be working closely with the vision of the honorable Prime Minister in multiple dimensions," Chandrasekaran noted. He further said the country is embarking on the journey at a time when the world is going through several challenges in terms of macroeconomic stability, geopolitical conflicts, leading to supply chain issues, production issues, and mobility o

India at inflection point with huge AI opportunity: Tata Sons Chairman

India is at an 'inflection point' where it has enormous opportunity to embrace Artificial Intelligence (AI) and make a huge impact, Tata Sons Chairman N Chandrasekaran said on Monday. Speaking at the release of a Niti Aayog report titled 'AI for Viksit Bharat: The Opportunity for Accelerated Economic Growth', Chandrasekaran urged the industry to work with the government in the leveraging of AI. "We are at an inflection point where we have an enormous opportunity to embrace AI to make a huge impact for our country," he said. Chandrasekaran advocated using AI for skilling and creating employment opportunities for all youth in the country. "We should be able to solve basic issues, be it healthcare, education using AI and thereby create huge to empowerment opportunities and reduce the inequality that exists today," he said. In order to do that, Chandrasekaran said the government, the industry, and society have to work together in the leveraging of AI. "The industry should work closel

Tata Sons board discusses A-I future; no decision on director appointments

Tata Sons discussed Air India's future plans but deferred filling vacant board seats after key retirements