Here's a deep dive into the Tata Group and the journey captained by one family
Jaishankar will report to Tata Sons Chairman N Chandrasekaran, Tata Sons said in a statement.
India, keen to sell the loss-making, debt-ridden airline, finalised plans in late March to divest a 76% stake and offload about $5.1 billion of its debt
Tata, who addressed the annual townhall of employees -- a tradition which he started on the start of every new fiscal year -- after a gap of almost five years, said that under the leadership of Chairman N Chandrasekaran and MD Guenter Butschek, Tata Motors will continue to build in the future.
Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World, met senior executives from India's Tata Group to explore opportunities for cooperation, knowledge sharing and best practice, DP World said in a statement adding that the discussions covered logistics and supply chain operations among others.
Mukund Rajan took charge of the international operations at Tata Sons in 2017
"The company has issued and allotted commercial paper of Rs 100 crore," Trent said in a regulatory filing.
Tata’s realty business now will include commercial real estate and housing businesses and will be run as a joint business.
With the current discussions in auto industry revolving around autonomous, connected, electric and sharing (ACES), Tata Motors also needs to reinvent itself to a certain extent, moving towards new technology and business models, said Guenter Butschek.
Workers' acceptance of the guarantees does not mean the deal can immediately go ahead.
Last year, Venkatramanan had filed the criminal defamation suit before the magistrate court against Mistry and others for allegedly making "false" statements, and sought damages amounting to Rs 500 crore.
The former TCS chairman is also eligible for a performance-linked remuneration up to 200 percent of basic salary.
Britain's largest car manufacturer, however, indicated that a change to the current three-shift production line is not likely to lead to job losses.
Cyrus Mistry along with his brother Shapoor Mistry is Tata Sons' largest individual shareholder, together owning 18.4% of the Tata Sons equity.
A Mumbai sessions court, on December 26, had quashed the summons issued to Mistry and others in the Rs 500-crore defamation case.
The Tata Group was interested in bidding for state-owned Air India, its chairman N. Chandrasekaran had said late last year.
Mistry and the other accused had approached the sessions court after the metropolitan magistrate issued the summons in July this year directing them to appear before it.
The Taj Mansingh is currently run by The Indian Hotels Company, a Tata Group firm, but the property is owned by NDMC.
IndiGo and Tata Group have already expressed interest in purchasing parts of India's debt-ridden flag carrier.
One year since the change of guards at Bombay House, the street is abuzz with rumors of restructuring and pulling up of underperformers in the group. Some of it is beginning to take shape.
The move comes soon after the Tata Group announced that the consumer mobile business of TTML as well as that of Tata Teleservices (TTSL) will be taken over by Bharti Airtel on a debt-free, cash-free basis.
In a letter dated September 28 to SEBI chief Ajay Tyagi, Swamy said that the market regulator was not doing its duty “just because the complaint was against Tatas”.
Under Cini, or Collectives for Integrated Livelihood Initiatives, the Trusts has already spent Rs 25 crore of the Rs 119 crore budgeted for the project in the first phase, Ganesh Neelam, executive director of Cini, told PTI in Mumbai.
Nusli Wadia, Chairman of the Wadia Group, in a letter, has asked market regulator Securities and Exchange Board of India (SEBI) to take action against Tata Group's three independent directors for alleged wrong declarations made in the annual reports.
The report maps out the Group's contribution in business, Corporate Social Responsibility (CSR) and philanthropy, and are aligned with the 17 Sustainable Development Goals (SDGs), identified in September 2015 and subsequently agreed on and committed to by 193 countries, a statement said.