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Tata family has no special right, a non-Tata may one day head the Trusts, says Ratan Tata
“I happen to be the current chairman of these trusts. It could be somebody else, not necessarily with the surname ‘Tata’, in the future. An individual’s life is finite, whereas these organisations will continue,” he said.
Tata Sons can continue operations as hybrid company: Top Executive
“Tata Sons was originally set up as a private Ltd company. In 1975 by ope...
Tata Sons withheld facts on collection of deposits from public: Cyrus Mistry
Cyrus Investments, part of the Shapoorji Pallonji Group submitte...
Tata Group stocks performance after Mistry joined
As revenues thin, Tata Group companies prepare to tighten belt
The cuts will impact all functions, including finance, marketing, human resources and branding.
Tatas reject Mistry Group's quasi-partnership claim
“The AoA (articles of association) of Tata Sons do not postulate any appointment of directors by proportionate representation. Seeking creation of such rights by amending the AoA of Tata Sons would amount to rewriting the articles of association which is completely impermissible and contrary to law,” Tata Sons said.
Ratan Tata strongly refutes Mistry group's claim of oppression in the Supreme Court
On Tuesday, Ratan Tata filed his reply in the Supreme Court, where the Tata Group has challenged the National Company Law Appellate Tribunal’s order.
N Chandrasekaran seeks to rewire Tata Group for post-Covid world
Chandrasekaran is keen to find solutions to the problems facing the group’s money guzzlers.
COVID-19 won't be controlled unless tests are conducted 'at scale': Tata Group chief
"The past few months have been very challenging, but they have also been a great demonstration of the value of collaboration. I am proud of how we have worked together to battle this disease," N Chandrasekaran, the Chairman of Tata Sons -- the holding company and promoter of all Tata Group companies -- said in a group newsletter.
On JRD's 116th birth anniversary, Ratan Tata gets nostalgic; posts pic with Jeh of B1B bomber facility tour
The octogenarian took a trip down the memory lane.
Sales have risen Rs 70K crore annually, between 2017-2019: Tata Sons' defence against Mistry
Cyrus Mistry, who was removed as the chairman of Tata Sons in 2016, had claimed in his submissions to the apex court that the Tata Group had an adjusted net loss of Rs 13,000 crore in 2019 - the worst in three decades. However, the Tata Sons affidavit - which essentially defended the group's performance under Chandrasekaran - said that Mistry had a jaundiced view of events.
Tata Sons in strong financial position, says N Chandrasekaran
N Chandrasekaran says group in a strong financial position to support firms and new initiatives.
Recovery rate of business much higher in smaller towns: Bhaskar Bhat, Director, Tata Sons
Migrant labourers who have returned to the security of their hometowns are also spending more in small towns where they can shop both online and in store. Also, better agricultural growth has led to better disposable incomes in such markets, he said. Many of the migrant labourers have been flexible in skill deployment after leaving cities following job loss and fear of the disease.
COVID-19 ushering in new reality for digital technologies: N Chandrasekaran
Chandrasekaran said that even where our education and health systems are world-class, a majority of the country’s vast population does not have access to them. Digital technologies can help overcome this challenge.
Tatas Group raise debt funds for AirAsia India, infuse equity into Vistara
In AirAsia India’s latest board meeting, joint venture partners Tata Sons and Malaysian low fare carrier AirAsia Berhad decided to raise ₹300 crore by issuing optionally convertible redeemable debentures.
Tata Sons board meets again today to discuss fund infusion, strategies amid Covid crisis
The board will discuss approvals for fund infusion into businesses that urgently need liquidity. Tata Sons usually holds six to eight board meetings in a year. It is fairly unusual for two meetings to be held so close to each other. The holding company is likely to insist on renewed aggression to drive growth of key verticals such as consumer, retail, financial services and digital.