Page 3 - Tata Sons

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

Air India pays compensation to kin of two-thirds of Ahmedabad crash victims

Air India on Friday said it has paid the compensation to families of nearly two-thirds of the victims who died in the June 12 plane crash in Ahmedabad. An Air India Dreamliner from Ahmedabad to London Gatwick crashed moments after takeoff on June 12, killing 260 people onboard and on the ground. "Our teams have been helping families receive interim compensation. Every affected family is being directly assisted by an Air India representative, with nearly two-thirds having already received payment or are in the final stages," Air India Chief Executive Officer and Managing Director Campbell Wilson told the airline employees in an internal post. Tata Sons is in the process of establishing the apparatus to provide longer-term assistance to the families and survivors, the Tata Group-owned airline said. In an internal post to airline employees, Air India Chief Executive Officer and Managing Director Campbell Wilson also said the carrier will continue to "invest in upgrading aircraft, ...

Tata Sons, Trusts to set up a new Trust for long term care of AI victims

Chairman N Chandrasekaran told Tata Sons' board that a dedicated trust will be created with Tata Trusts to provide long-term support to victims' families

Tata Sons, Singapore Airlines invested ₹9,558 crore in Air India in FY25

Tata Sons and Singapore Airlines invested Rs 9,558 crore in loss-making Air India in 2024-25, with the promoters pumping in Rs 4,306 crore alone in March this year. The airline, being piloted by Tatas since January 2022, has embarked on an ambitious five-year transformation plan. In November 2024, Vistara -- a joint venture between Tatas and Singapore Airlines -- was merged with Air India, following which the Singaporean carrier acquired a 25.1 per cent stake in Air India. In response to queries about fundraising, an Air India spokesperson told PTI on Wednesday that its shareholders have together infused fresh capital of more than Rs 9,500 crore in 2024-25 to meet the airline's capital expenditure requirements. Tata Sons invested Rs 3,224.82 crore, and Singapore Airlines put in Rs 6,333.18 crore in Air India, taking the total fund infusion to Rs 9,558 crore in the financial year ended March 2025. "Pursuant to the merger of Vistara with Air India in November 2024, the shareholders h

Tata to create a new trust to help Air India crash victims: Chandrasekaran

"We are looking at the option to set up an AI171 trust to help the families," Chandrasekaran, who first heard about the crash in his Mumbai office, said

Tata Sons dividend income may have slipped in FY25 for first time in 9 yrs

Tata Sons reported standalone operating income of Rs 43,767 crore in FY24 up 25.3 per cent from Rs 34,917 crore a year ago

Tata Capital likely to get Sebi approval for nearly $2-billion IPO

Tata Capital may soon get Sebi clearance for a $2 bn IPO, aiming for a listing before the September 2025 deadline for upper-layer NBFCs under RBI rules

Tata to pump in ₹30,000 crore for new ventures, new digital CEO on cards

Tata Sons to infuse ₹30,000 crore into digital, electronics, Air India, and defence units, funding to come through equity infusion