Page 5 - Tata Sons

Cyrus Mistry's ouster was Tata's biggest regret, says Thomas Mathew

Lunch with BS: "After Chandra took over as Tata Sons chairman, RNT would often say that there won't be noise anymore; there will be stability, there will be growth," says author of Ratan Tata: A Life

Tata Group's N Chandrasekaran honoured with UK's Most Excellent OBE honour

Natarajan Chandrasekaran has been the Chairman of Tata Sons since 2017, having joined its board in October 2016

Tata Capital sets stage for IPO with articles of association update

The company said its current shareholder base is around 29,000 and in order to avoid a situation where its shareholder base increases further

Tata Sons seeks CCI clearance to take additional 10% stake in Tata Play

Tata Sons, promoter of Tata Group, has sought approval from fair trade regulator CCI for acquiring an additional 10 per cent stake in DTH operator Tata Play from Singapore's sovereign wealth fund Temasek Holdings. Currently, Tata Sons owns a 60 per cent stake in Tata Play. After the completion of the deal, Tata Sons will have a 70 per cent holding in the entertainment content distribution platform. Tata Sons Pvt Ltd is an investment holding company, which is registered as a core investment company with the Reserve Bank of India and classified as a "Systemically Important Non-Deposit Taking Core Investment Company". "The proposed transaction relates to Tata Sons' acquisition of 10 per cent shareholding in Tata Play from Baytree Investments (Mauritius) Pte Ltd," said a notice filed with the Competition Commission of India (CCI) on Thursday. Baytree Investments (Mauritius) is an affiliate of Singapore's sovereign wealth fund Temasek Holdings. The proposed transaction is being notifie

Tata Sons' de-registration application under consideration, says RBI

On Thursday, the regulator released the list of NBFC-UL for 2024-25 in which 15 entities are named, same as financial year 2023-24. No new NBFCs were included in the list for FY25

Cash cow: TCS dividend to Tata Sons nears Rs 25,000 cr in FY25 so far

Tata Sons received its highest ever dividend of Rs 30,418 crore in FY23. In FY24, Tata Sons used its dividend income to repay its entire debt, successfully transforming into a debt-free company

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