The move is seen as an indication that tensions continue at the charitable trust that holds majority stake at Tata Sons
The question of redemption of these bonds is crucial for TIL, because if the company fails to redeem, it could see interest rate on the instruments rise from 9.1 percent to 12.1 percent - a steep three-percentage-point markup - significantly raising its financing costs and straining cash flows.
The ‘moral centre’ of Indian enterprise now faces its most searching trial — to match the weight of its legacy with the discipline of modern capitalistic scrutiny
The executives, speaking on the condition of anonymity, said an initial public offering (IPO) would dilute Tata Trusts’ shareholding, reduce its voting rights, and limit its influence over key decisions at Tata Sons.
Noel Tata and Venu Srinivasan proposed a third five-year executive term for Chandrasekaran during a Tata Trusts meeting on September 11, highlighting the need for continuity in the group’s business transformation
The meeting follows a government-mediated discussion on Wednesday where officials urged representatives of Tata Trusts and Tata Sons Pvt. to settle their differences and avoid disruption to the group’s operations
Unlikely to discuss Tata Sons board positions, say sources
Ratan Tata, who chaired the Trusts for decades, was known for his sweeping authority. During his tenure, alignment between Tata Trusts and Tata Sons was ensured by the weight of his personal influence
The combined market value of the biggest Indian conglomerate’s 16 firms dropped to its lowest in nearly two years on Friday
The move comes amid a production halt at JLR’ facilities in UK, Slovakia, Brazil and India due to a cyberattack in late August
Chandrasekaran reviewed Solar Industries' capabilities, missile and other defence production facilities during his visit. The Tata Group has been actively participating in defence programmes of strategic importance with the Ministry of Defence (MoD) as well as Defence Research and Development Organization (DRDO).
We will soon be mounting delegations of Indian seafood exporters to Singapore and the UAE. Besides, Latin America and the Gulf region have huge potential for our products, Union minister for commerce and industry Piyush Goyal said.
The plants in Gujarat, Chhattisgarh and Madhya Pradesh will be the first solo nuclear power projects taken up by NTPC’s newly incorporated subsidiary NTPC Parmanu Urja Nigam Ltd
Tata Investment Corporation owns 2.2% stake in Tata Capital
In its annual report, Tata Sons, the holding company of the group, said that chairman N Chandrasekaran is expected to be paid a total compensation of Rs 155.81 crore for FY25, compared to Rs 135.32 crore in FY24
The government has called bids for setting up Bharat Small Reactors to decarbonise high-emission industries such as steel and aluminium. It expects at least Rs 35,000 crore in investments from the private sector
It is time for Tata to seriously evaluate whether the group structure has lost relevance and has, over the years, become an impediment and driver of mediocrity. And whether shifting to a structure where the group lets go of control and acts like a financial investor, with the individual companies being board-run without the Tata brand name, is a much better option
In a post on X, the Trinamool Congress, led by Banerjee, said she hosted Chandrasekaran for a meeting centred on West Bengal’s industrial progress.
Speaking at the Annual General Meeting (AGM) of Indian Hotels Company Ltd (IHCL), Chandrasekaran was responding to a shareholder’s question on the group’s safety measures following the recent Air India crash
The Ahmedabad plane crash has raised many questions -- Is Air India missing a TrueNorth. Not just for crisis response, but for its purpose of existence
ICICI Venture, KIA and OIA, which hold 74% in Resurgent, are seeking a valuation of about $2.1 billion for the whole company, including debt
The minimum land required for setting up a factory has been reduced to 10 hectares from 50 hectares in special economic zones for semiconductors and electronic components and to 4 hectares from 20 in multi-product SEZs
The new policy, if it draws industry giants, will also intensify competition for local automakers who currently dominate the EV segment.
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 proposed factory will manufacture Airbus' best-selling H125 helicopter, and will be one among the only four such facilities in the world, The Economic Times reported.