The Air India employees’ meeting was called with the carrier at a critical juncture, as it prepares to report its widest-ever annual loss and for departure of CEO Campbell Wilson
The statement assumes significance against the backdrop of conflicting positions emerging from within the wider Tata ecosystem over the proposed listing of Tata Sons.
The report added that Tata Sons, which is the principal shareholder of Tata Group companies, falls under RBI's upper-layer NBFC framework, which requires listing
Tata Group officials say a majority of Tata Trust nominees need to reapprove the reappointment. They say that a new business plan is needed as earlier presentations made to Tata Trusts in mid-2025 are outdated.
Srinivasan's resignation has come in the backdrop of former trustee Mehli Mistry challenging the eligibility of two trustees, including Srinivasan and Vijay Singh.
Chandrasekaran also advised careful choosing of start time for projects and "if necessary, have a relook at the timelines".
TCS’s total cash payout ratio, including dividends and buybacks, touched 94% in FY25 and 100% in FY23
Whether it is the ongoing drama at Tata Sons or the one which has started unfolding at HDFC Bank, the person perceived as ‘someone’s man’ is turning out to be the kingpin. In the near-term, such ego wars may delay decision making. But these battles are essential for the long-term good. One gets to know who runs the company – its management or the board
He also emphasised on the safety of employees of Tata group companies working in West Asia
Moneycontrol first reported on October 10 that the Shapoorji Pallonji Group faced about $1.2 billion in debt repayments by December.
Most critically, Noel sought assurances that the group’s holding company could avoid a public listing
Tata group shares rose despite the Tata Sons board deferring N Chandrasekaran’s reappointment as chairman after Noel Tata raised concerns.
Chandrasekaran said 'nothing will change' for the Tata Group, CNBC-TV18 reported
Noel Tata reached out to several trustees to explore whether they would reconsider an earlier unanimous decision by the trusts backing Chandrasekaran’s reappointment, sources said
Last year, the group had approved a third executive term for Chandrasekaran till 2027
Pradeep Singh Kharola, a 1985-batch IAS officer, is expected to play a pivotal role in strengthening Air India's engagement with the government
Group chairman N Chandrasekaran is understood to have spoken with chief executives of at least two major carriers based in the UK and the US as potential successors to current Air India CEO Campbell Wilson
Till now, Air India Group -- Air India and Air India Express -- have inducted only white tail aircraft -- since the Tata takeover due to global supply chain woes that have been delaying aircraft deliveries.
People familiar with the matter said the legal opinion, taken from senior advocate Percy Pardiwala, cleared the commissions and remuneration earned by Vijay Singh as legal, compliant with applicable laws and governance norms, and not in violation of trust rules or nominee-director obligations.
During the interaction, Chandrasekaran proposed the development of an 'AI City' in the state capital Lucknow
Intel CEO Lip-Bu Tan’s remarks add endorsement to Centre's plan to scale domestic chip design and manufacturing in the country.
The initiative is backed by major institutional partners, including IISc Bengaluru, ARTPARK and Tata Sons.
Bhat, who along with Neville Tata was inducted as a trustee of the Sir Dorabji Tata Trust earlier this month, is widely viewed as being close to Noel Tata.
In the November 10, 2025, letter, reviewed by Moneycontrol, Khambata says he has been “distressed” by the “spin doctored media narrative” around the meeting and describes the coup insinuation as “absurd”.
Sources told Moneycontrol that Neville was initially expected to join both the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust, the two biggest shareholders of Tata Sons.