Both Ratan Tata and Bill Gates are among the largest philanthropists in the world. The two leaders met in Mumbai on Tuesday.
Chandrasekaran also noted that the group has huge investments in Noida - both from the TCS and Air India point of view.
But the transition has just begun and all assessments must bear in mind that the Tatas took over an airline beset with problems. To expect a consistent product and service level on over 100 ageing aircraft almost overnight is asking for a lot.
The Business 20 (B20) is the official G20 dialogue forum with the global business community. It is among the most prominent engagement groups in G20, with companies and business organizations as participants.
There is a "huge opportunity" in India, the Tata Group chairman said, adding that the fear of private sector not coming to India is unfounded.
World Economic Forum, Davos 2023: Special chefs have been arranged for platters being served with most of the food ingredients being sourced directly from India. Tata Tea has been curating a special range of teas called Tata Tea 1868 at the World Economic Forum since 2018.
Meanwhile, Rajesh Gopinathan, CEO and MD of TCS was spotted participating in a "Sprint to Win" game with his son at the Tata Mumbai Marathon.
As part of its sustainability drive, Tata Motors aims to become net zero between 2040 and 2045 across its passenger and commercial vehicle businesses.
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Ratan Tata said he will remember the comradery he shared with RK Krishnakumar both within the Tata group and personally.
"To make Maharashtra a trillion dollar economy, the state government is setting up an Economic Advisory Council, to be headed by Tata Sons chairman N Chandrasekaran," Fadnavis said.
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“Barring the pandemic and the global financial crisis, next year may mark the lowest global growth since the millennium began,” Chandrasekaran said, adding, “We will need to keep a careful watch on commodity price rises."
India is "well positioned", and will continue to be the "fastest growing major economy", supported by increasing consumption, consumer confidence and investment, N Chandrasekaran said.
Chandrasekaran noted that the government has taken several reforms before and after the pandemic which has set a strong foundation for a renewed vision for India in 2047.
This year FICCI focuses on India@100: Amrit Kaal, sustainable and inclusive. Watch as N Chandrasekaran addresses the 95th convention. #live #FICCI #Nchandrasekaran
This move by the multinational conglomerate can make India a key part of the global chip supply chain, which is yet to recover from COVID-induced disruptions
He will lead the business agenda during India's G-20 presidency.
Tata Group, the salt-to-software conglomerate, has embarked on a mega consolidation drive. Not long ago, the group had 100 companies operating in various sectors. But now, it has just 30 companies across ten business verticals. And it further plans to bring it down to 15! What is Chairman N Chandrasekaran trying to achieve through so many mergers? Watch this video for all the details!
According to Chandrasekaran, a company's fitness depends on its cash flow. One cannot build a company for valuations alone. Valuation will come and go.
N. Chandrasekaran said more forms of renewable energy will be required for energy transition.
Chandrasekaran further said India is extremely well placed in the world which is witnessing geopolitical tensions, inflation, commodity price increases and rate tightening.
Tata Motors holds little more than 74 per cent stake in Tata Technologies, according to the former’s 2022 annual report. Interestingly, in early 2018, Tata Motors had called off the sale of a significant minority stake ( 43 per cent) in Tata Technologies to private equity major Warburg Pincus for $360 mn
Chandrasekaran said Tata Chemicals would continue to provide its expertise to group companies including Tata Motors
While the overall industry volumes grew by 15 percent, the automaker's domestic business grew 49 percent by volumes and 11.5 percent by revenues.