Noel Tata discussed a structure with separate positions of chairman, CEO and MD and a deputy CEO for the Tata group holding company
The disagreement traces back to an October 2024 resolution passed after Noel Tata became chair of the Trusts following Ratan Tata's death
Narendran’s potential entry comes as the board sees multiple exits
Former CEO Naveen Tahiliyani, who joined from Tata AIA in March 2024, departed abruptly in July after less than a year amid tensions over strategic direction and platform performance.
Two options are being discussed though talks are yet to reach a conclusion
Shapoorji is aiming to settle the outstanding Rs 8,810 crore in bonds that were issued by Goswami Infratech Pvt. and mature in April next year
Tata Sons, promoter of the NBFC, is expected to offload up to 23 crore shares, while International Finance Corporation will sell up to 3.58 crore in what is expected to be the biggest public offer of the year
Tata Sons plans to sell up to 230 million shares in the offering, while International Finance Corporation proposes to sell up to 35.8 million shares
The move holds major significance as it was the first time the Trusts has given its opinion on the issue of RBI’s listing requirements and its desire to give the SP group an exit
Consumer platforms delivered mixed performance in FY25, with 1mg posting strong profits, BigBasket under pressure, and NeuPass loyalty growth signalling deeper cross-brand engagement
Tata Capital aims to raise about $2.2 billion in its IPO, which is expected to launch in the first half of September, the people said, asking not to be identified discussing confidential information.
Tata Capital is in the process of filing its updated IPO documents for the mandatory listing by September, according to a report.
Tata Sons will leverage its dividend income from TCS for the investment in Tata Digital and is unlikely to dilute any stake in TCS, sources said.
This direct briefing by Chandrasekaran himself was a notable departure from precedent
Tata Digital's former CEO Naveen Tahilyani left the company last month, just one year after he took the post.
The two foundations, which will receive the holdings, are Ratan Tata Endowment Foundation (RTEF) and Ratan Tata Endowment Trust (RTET)
The company in a regulatory filing said that Chandrasekaran in his letter dated May 28, 2025 has informed Tata Chemicals of his intention to step down
While Tata Sons has been making an effort to secure exemption from RBI’s mandatory listing norm, the Shapoorji Pallonji Group, a shareholder, has been pushing for a listing.
The transaction is being structured as a zero-coupon non-convertible debenture (NCD) with a tenure of three years and an expected yield of 18.5–19 percent
Tata Sons boss N Chandrasekaran's message to group firms: Embrace AI swiftly
The salt-to-software group believes Tata Sons has invested enough capital into Tata Digital’s various units and 'its time to show results'
The move will make Tata Capital, the eight major Indian firm opting for the confidential pre-filing route after Tata Play, Oyo, Swiggy, Vishal Mega Mart, Credila Financial Services, Indira IVF and PhysicsWallah.
However, Sterling Investments, which holds a 9.18 percent stake in Tata Sons, has told the RBI that it will increase its capital adequacy ratio over time and may get the regulator’s nod in the coming weeks, sources told Moneycontrol.
The IPO, expected to be a combination of primary and secondary issue of shares, may see parent Tata Sons and investor IFC paring stake.
The subsidiary aims to raise Rs 2,500 crore from its shareholders under its rights issue, which was cleared by the board on March 13