Page 5 - Tata Sons

Committed to turning Air India into top-class airline: Tata Sons chairman

Tata Sons Chairman N Chandrasekaran on Saturday said his company is fully committed to transforming Air India into a top-class airline, delivering exceptional service and performance on a global scale. Tata Group acquired Air India in 2022 after the government had signed a share purchase agreement with Tata Sons for the sale of Air India for Rs 18,000 crore. Chandrasekaran was responding to a query during a free side chat with TVS Supply Chain Solutions Ltd Managing Director Ravi Viswanathan at the Global Alumni Meet of NIT Trichy, here, on what people can expect from Air India following the acquisition made by Tata Group in 2022. "My commitment is to take every effort to make Air India, an absolute top-class airline in the world. In terms of the hardware, the flight experience, customer experience, technology and in every which way." Chandrasekaran said. On a lighter note, he appealed to the audience gathered at the venue to urge the aircraft manufacturers Boeing and Airbus to ...

Despite moderation, India will be fastest growing economy: N Chandrasekaran

Tata Group Chairman N Chandrasekaran highlighted three major transitions in the world, including shift to renewable energy, that are moving in line with India's strengths

Here's how India Inc and industry leaders pay tribute to Manmohan Singh

Billionaire industrialist Gautam Adani described former Manmohan Singh as "a rare leader who spoke softly but achieved monumental strides through his actions"

CSIR-NIIST director Anandharamakrishnan to get Tata Transformation Prize

C Anandharamakrishnan, agricultural scientist and Director of the Council for Scientific and Industrial Research (CSIR)National Institute for Interdisciplinary Science and Technology (NIIST), has been selected for this year's Tata Transformation Prize, the institute said here on Monday. The award is jointly instituted by Tata Sons and the New York Academy of Sciences. The Tata Transformation Prize recognises outstanding scientists working on pioneering technologies in the fields of food security, sustainability, and healthcare, a release said. A pioneer in food engineering research, Anandharamakrishnan's work towards the development of fortified rice has the potential of making a far-reaching impact in addressing the dual challenges of providing a vital nutritional boost and a healthier diet to millions, the New York Academy of Sciences noted while announcing the award. Award winners are selected by a confidential jury, independently chosen by the New York Academy of Sciences, ...

Noel Tata set to make debut at Tata Sons board meeting on November 21

Noel Tata was named chairman of Tata Trusts, which holds 66% in Tata Sons, after Ratan Tata passed away last month. Soon after, Noel was inducted into Tata Sons board as a Trusts nominee director

Air India-Vistara will deliver on 'sky-high expectations': N Chandrasekaran

Tata Sons Chairman N Chandrasekaran on Thursday said the best qualities of Vistara are being brought to Air India, which was in decline for a number of systemic reasons when Tatas took over the airline two years back, and fulfil the "sky high expectations". "We are fully aware that expectations for the new Air India are sky high. We expect nothing less, and we expect to deliver nothing less," he said and asserted that the merged entity will be ready for the country's coming aviation revolution. Nearly two years after announcing the merger, the integration of Vistara with Air India was completed on November 12 and Singapore Airlines now has a 25.1 per cent in the enlarged Air India. Vistara was jointly owned by Tatas and Singapore Airlines. "Given our ambitions, this merger should be seen as part of a journey. Different parts of the business were at different points of maturity when the merger commenced, so they will take time to fully align," Chandrasekaran said in a LinkedIn ...

Andhra Pradesh CM Naidu expresses confidence in achieving 15% growth rate

Recalling that a 13.5 per cent growth rate was achieved during the previous TDP regime, the Chief Minister expressed confidence that now 15 per cent growth rate will certainly be achieved

Noel Tata joins Tata Sons board, first to hold dual positions since 2011

Noel Tata's dual role on the Tata Sons and Tata Trusts boards consolidates family oversight within the Tata Group's sprawling operations

Ratan Tata's will: 'Unlimited' care for dog Tito, share for longtime butler

Tito, whom Tata adopted five to six years ago, will be looked after by Tata's longtime cook, Rajan Shaw. The will also provides for Tata's butler, Subbiah, who served him for three decades

Noel Tata expected to join Tata Sons board following philanthropy role

In a move that could give Noel Tata more power over the group's decision-making, he is now likely to be appointed to the board of Tata Sons in a meeting due to be held in the coming days

Taking the reins: Approval for Noel Tata to join Tata Sons board

A meeting of Tata Trusts on Thursday is learnt to have discussed a range of issues including Noel Tata being part of the Tata Sons board

Tamil Nadu serves show-cause notice to Tata Electronics after Hosur fire

The notice was addressed to the 'occupier' and the factory manager and the company is expected to respond within a week unless they request an extension

Changing scenario: Debt-free Tata Sons has firepower for newer biz

A low leverage ratio, such as in 2005-06 and 2014-15, has been followed by a spurt in Tata Sons' equity investment in various listed and unlisted ventures

Noel Tata's new role may end feud with Shapoorji Pallonji Group; here's how

Relations between Tata Sons and Shapoorji Pallonji Group have been strained since 2016, following the ousting of Cyrus Mistry

Honouring Ratan Tata: Maha govt to rename skill university after Ratan Tata

The decision, said the Maharashtra government, is a tribute to Ratan Tata, a renowned industrialist, celebrated for his dedication to social causes, education, and skill development across India

Netanyahu expresses condolences on demise of industrialist Ratan Tata

He extended his sympathies to Tata's family and praised the industrialist's lasting legacy

Tata Sons prioritises funding new ventures over increasing dividend payouts

Tata Sons has however scaled-up dividend pay-out in the post pandemic period in line with a rise in its earnings

Noel's appointment as Tata Trusts' chair signals continuity, BAU: Analysts

Noel is the half-brother of the late Ratan Tata, and was already a key trustee of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust

Noel Tata elected chairman of Tata Trusts after Ratan Tata's passing

Noel Tata's appointment brings clarity to the future leadership of one of India's largest charitable organisations

Bill Gates remembers Ratan Tata's legacy: 'Moved by his sense of purpose'

Ratan Tata passed away on Wednesday. Many noted personalities paid tributes to the former Tata Sons chairman's remarkable life, remembering his dedication to society's progress