Page 3 - Tata Sons

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

Coming up in 2026: A tale of three IPOs to script a new story for India Inc

Three mega IPOs, from diverse businesses and historic relevance, could script a new story for India Inc

Is Tata Group preparing for leadership change at BigBasket? What CEO says

BigBasket Chief Executive Officer (CEO) Hari Menon said there was no plan to hire a CEO for the grocery e-tailer and no search had been initiated

Sajith Sivanandan appointed Tata Digital CEO & MD, to take over on Sept 1

Sivanandan, who has led Jio Mobile Digital Services and Disney+ Hotstar, will take over Tata Digital after a leadership vacuum since Naveen Tahilyani's exit in May

Noel Tata's nomination to Tata Sons board approved at 107th AGM

Tata Sons' 107th AGM saw shareholders clear Noel Tata's appointment, other board changes and a higher dividend, with FY25 profit down on lower investment gains

Tata Sons shareholders to vote on Noel Tata, 3 others at AGM on Thursday

The online AGM will also review Tata Capital's upcoming IPO, a proposed ₹64,900/share dividend, and Tata Sons' request to remain private amid RBI listing deadline

Shapoorji Pallonji may sell Tata Sons stake to repay ₹8,810 crore debt

Shapoorji Pallonji may use funds from a possible Tata Sons stake sale to repay ₹8,810 crore debt, while also pushing ahead with new premium real estate developments

First Tata Sons AGM since Ratan Tata's passing: What's on the agenda?

The Tata Sons annual general meeting will have six representatives from Tata Trusts, including three children of Noel Tata, who is the single largest individual shareholder of the company

Tata Sons-backed Tata Capital files updated draft papers with Sebi for IPO

Tata Capital files updated draft red herring prospectus with Sebi for its IPO, with Tata Sons to sell 230 million shares. The listing is mandated by the RBI by September 2025

Tata Sons expects reprieve from IPO deadline amid RBI rule review

The RBI had earlier classified Tata Sons as a top tier non-banking lender, forcing it to list by September this year

Tata Chairman N Chandrasekaran's compensation up 15% at ₹156 crore in FY25

During FY25, Tata Sons' profit fell 24.3 per cent to ₹26,232 crore from ₹34,654 crore the previous year, according to the company's annual report

Tata Digital to get $400 million boost from Tata Sons' TCS dividend

Tata Sons will invest $400 million in Tata Digital, using dividend income from TCS. The funding aims to support the struggling digital arm, which includes BigBasket, Tata 1mg, and Tata Cliq

Tata Sons' 93% stake in Tata Capital valued at nearly ₹98,000 crore

Tata Sons' 93% stake in Tata Capital is valued at ₹98,178 crore, based on a March rights issue. The company is preparing for an IPO that could unlock ₹17,672 crore

Future 'very strong' as India's consumption boosts travel: Tata Sons chief

Tata Sons Chairman N Chandrasekaran on Monday exuded confidence that the future looks "very strong and bright" as growing consumption in India will drive the growth of the travel sector, sharing his outlook at the Tata Group-owned Indian Hotels Company Limited's (IHCL) AGM. Addressing shareholders of IHCL, the country's biggest hospitality player, Chandrasekaran shared that the "intent is to achieve a total global footprint of 700 hotels by 2030 and double the revenues to cross Rs 15,000 crore". The Tata Sons Chairman began his address at the Annual General Meeting (AGM) by paying tributes to those who lost their lives at the Air India plane crash recently, and also expressed a "deep sense of loss" at the passing away of Ratan Tata last October. "To lose a single person we know is a tragedy, but for so many deaths to occur at once is incomprehensible. Our thoughts are with them. I also would like to express a deep sense of loss on the passing away of Ratan Tata in October 2024. "He