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Tata Sons

Tata Sons Chairman N Chandrasekaran meets Maharashtra CM Fadnavis, discusses growth and economic goals

Tata Sons Chairman N Chandrasekaran meets Maharashtra CM Fadnavis, discusses growth and economic goals

Fri, Dec 13, 2024

Fadnavis took oath as Maharashtra Chief Minister for the third time recently. Deputy Chief Ministers Ajit Pawar and Eknath Shinde also took oath.

Air India orders 100 additional Airbus aircraft

Air India orders 100 additional Airbus aircraft

Mon, Dec 09, 2024

Air India said on Monday that it has placed an order to purchase 100 more Airbus aircraft, comprising 10 widebody A350 and 90 narrowbody A320 family aircraft, including A321neo. The 100 new aircraft are in addition to the firm orders of 470 aircraft that Air India had placed with Airbus and Boeing last year, according to a press release.

Tata Aircraft's Vadodara plant to deliver first aircraft in 2026: Chairman Tata Sons

Tata Aircraft's Vadodara plant to deliver first aircraft in 2026: Chairman Tata Sons

Mon, Oct 28, 2024

The facility marks a significant step forward in India's defence manufacturing capabilities and exemplifies the "Make in India" initiative, providing a new impetus for the country to emerge as a global hub for aerospace production. Chandrasekaran credited the visionary leadership of Ratan Tata for conceiving the project over a decade ago in 2012.

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Mistry counters Tata’s accusations on material contributions to TCS, JLR

Mistry counters Tata’s accusations on material contributions to TCS, JLR

Tue, Nov 22, 2016

In the on-going spat of Mistry vs Tatas, the ousted chairman has hit back with a five page response on Tuesday to Tata Sons’ remarks on how Mistry made no material contributions to the success of Tata Consultancy Services (TCS) and Jaguar Land Rover (JLR).

After TCS, Indian Hotels calls for EGM to remove Cyrus Mistry

After TCS, Indian Hotels calls for EGM to remove Cyrus Mistry

Mon, Nov 21, 2016

TCS and Indian Hotels calls for EGM to oust Cyrus Mistry as chairman of the Tata Sons companies.

TCS says Cyrus Mistry's removal in best interest of co

TCS says Cyrus Mistry's removal in best interest of co

Mon, Nov 21, 2016

It further said, "Mistry’s conduct has caused enormous harm to the Tata group, TCS and its stakeholders, including employees and shareholders. Following it, TCS are in agreement with removal of Mistry as Director of the company as the same would be in the best interests of TCS."

Things looking good, will continue investing: AirAsia India CEO

Things looking good, will continue investing: AirAsia India CEO

Sun, Nov 20, 2016

The budget carrier had 2.3% share in the domestic aviation market at the end of September quarter.

Tata Global board meet repeats illegality incident of Tata Sons, alleges Cyrus Mistry

Tata Global board meet repeats illegality incident of Tata Sons, alleges Cyrus Mistry

Wed, Nov 16, 2016

After being voted out of the board of directors from the Tata Global Beverages Ltd (TGBL) on a majority vote, Cyrus Mistry on Tuesday night said that it was just a repeat of the illegality that took place at the Tata Sons board meet.

Breather for Ratan: Tata Global boots out Mistry

Breather for Ratan: Tata Global boots out Mistry

Tue, Nov 15, 2016

Tata Global Beverages dumps Cyrus Mistry as the Chairman after Tata Motors, Tata Chemicals and Indian Hotels backed had him.

Cyrus Mistry questions Ratan Tata on Radia, Piaggio

Cyrus Mistry questions Ratan Tata on Radia, Piaggio

Tue, Nov 15, 2016

Tata Sons also paid princely sums on account of cost of PR that was also used for Tata Trusts, corporate jets and Ratan Tata’s office cost. Ratan Tata had questionable investments in Piaggio of which the company incurred a loss of Rs 1,150 crore

Ratan Tata meets FM Jaitley, declines comment

Ratan Tata meets FM Jaitley, declines comment

Tue, Nov 15, 2016

The Finance Ministry is keen on protecting the interests of all stakeholders.

Questioning independent directors is unfortunate, Cyrus Mistry says

Questioning independent directors is unfortunate, Cyrus Mistry says

Mon, Nov 14, 2016

Ousted Tata chairman, Cyrus Mistry, on Sunday night listed the number of independent directors that were being questioned by Tata Sons ‘for undertaking their fiduciary duty of protecting the shareholders of the companies of which they serve.’

Tata-Mistry spat unlikely to hit TCS operations: Analysts

Tata-Mistry spat unlikely to hit TCS operations: Analysts

Sun, Nov 13, 2016

"TCS is under the Tata umbrella but has always been operationally independent...The financials of TCS speak for themselves. The company is sitting on a cash pile and has clear business visibility. Chandra enjoys all the executionary powers and we have not seen decisions of TCS being influenced by the Board," Arup Roy, research director, Gartner said.

Tata Steel's Q2 net loss drops by 99% to Rs 49 crore

Tata Steel's Q2 net loss drops by 99% to Rs 49 crore

Fri, Nov 11, 2016

The firm's total expenses were however lower at Rs 25,968.85 crore, as against Rs 26,988.65 crore.

Tata's boardroom battle with ousted chairman Cyrus Mistry escalates

Tata's boardroom battle with ousted chairman Cyrus Mistry escalates

Fri, Nov 11, 2016

Tata Sons, holding firm of India`s $100-billion salt-to-software Tata conglomerate, launched a broadside on Thursday against its ousted chairman Cyrus Mistry, criticising his performance and removing him as head of the group`s flagship business.

After Indian Hotels, Tata Chemicals board reposes faith in Cyrus Mistry

After Indian Hotels, Tata Chemicals board reposes faith in Cyrus Mistry

Thu, Nov 10, 2016

Tata Chemicals is the second company after Indian Hotels where independent directors have posed full faith in Mistry.

Tata Sons reveal why Mistry was hired and fired

Tata Sons reveal why Mistry was hired and fired

Thu, Nov 10, 2016

Updated with comments from sources close to Cyrus Mistry. Sudden ouster of Cyrus Mistry, ex-chairman of Tata Sons on October 24, who was left with little or no explanation of his removal raised questions regarding the decision of Tata Group’s holding company.

Mistry was intolerant to criticism: Tata Sons

Mistry was intolerant to criticism: Tata Sons

Thu, Nov 10, 2016

Former chairman Cyrus Mistry was intolerant to critical reports, Tata Sons has lashed out in a statement.

Tata removes Cyrus Mistry as TCS chairman; Ishaat Hussain interim chairman

Tata removes Cyrus Mistry as TCS chairman; Ishaat Hussain interim chairman

Thu, Nov 10, 2016

India`s biggest software services exporter, Tata Consultancy Services (TCS), said it received a letter from majority owner Tata Sons nominating Ishaat Hussain as the interim chairman of the company in place of Cyrus Mistry.

Tata to Twitter: Can brand image face the heat when heads roll?

Tue, Nov 08, 2016

High profile exits at the top have always shaken up companies from within. The question remains whether such issues have a lasting impact on the brand image of a company.

UK PM May says no meeting planned with Tata bosses during India trip

UK PM May says no meeting planned with Tata bosses during India trip

Mon, Nov 07, 2016

"I had hoped to be able to meet the key people from Tata while I was in India, sadly the schedules don`t allow for me to do that on this particular visit but there are regular contacts between the government and Tata Steel," May told reporters on the plane to India on Sunday, her first bilateral visit outside the EU since she took office in July.

Throw me under the bus to gain credibility in new regime, says former Tata employee

Throw me under the bus to gain credibility in new regime, says former Tata employee

Sun, Nov 06, 2016

Kumar said that he was fired from his position for "working intensely and extensively" with ousted Tata Sons Chairman Cyrus Mistry.

Ratan Tata installs new management team at Tata Sons

Ratan Tata installs new management team at Tata Sons

Sat, Nov 05, 2016

Ratan Tata, patriarch of the Tata group who is temporarily back at the helm as interim chairman, has put together a team of five executives, including two former Mistry advisers, Tata Sons said in a statement on Friday.

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