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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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Spanner in Tata's works: Independent directors of Indian Hotels say happy with Mistry

Spanner in Tata's works: Independent directors of Indian Hotels say happy with Mistry

Fri, Nov 04, 2016

Corporate battle at Tata Sons seems never-ending.

Tata Sons makes organisational changes; Rajan, Kannan, Kumar quit

Tata Sons makes organisational changes; Rajan, Kannan, Kumar quit

Fri, Nov 04, 2016

Tata Sons has found replacements for NS Rajan, Madhu Kannan and Nirmalya Kumar, it said in a statement on Friday.

Cyrus Mistry's ouster well-considered, says Ratan Tata

Cyrus Mistry's ouster well-considered, says Ratan Tata

Tue, Nov 01, 2016

“This difficult decision, made after careful and thoughtful deliberation, is one the board believes was absolutely necessary for the future success of the Tata group,” he said in the letter.

Cyrus Mistry says allegations of Docomo issue mishandling baseless

Cyrus Mistry says allegations of Docomo issue mishandling baseless

Tue, Nov 01, 2016

All decisions were taken with the unanimous approval of the Tata Sons Board, and with the approval of Ratan Tata and Tata trustee N.A. Soonawalla, Mistry`s office said in an e-mailed statement.

Mistry woes continue: Brickwork Ratings downgrades Tata Steel

Mistry woes continue: Brickwork Ratings downgrades Tata Steel

Mon, Oct 31, 2016

Citing "heightened management risk" following the ouster of Cyrus Mistry as Chairman of Tata Sons, Brickwork Ratings has revised outlook of Tata Steel to negative while as revised the ratings of its NCDs worth Rs 6,500 crore.

Mistry Ouster: 3 Tata Sons senior group executives quit

Mistry Ouster: 3 Tata Sons senior group executives quit

Sun, Oct 30, 2016

Three senior group executives at Tata Sons have resigned, people close to the matter told Reuters on Saturday, as management woes appeared to deepen at the $100 billion (nearly Rs 6,65,275 crore) conglomerate following the stunning ouster of its chairman.

Tata Group turmoil: Is it time to rejig your mutual funds portfolio?

Tata Group turmoil: Is it time to rejig your mutual funds portfolio?

Sat, Oct 29, 2016

With the ongoing saga at the Bombay House, Tata Group companies have lost nearly Rs 55,000 crore of investors' money in the past week.

Mistry ouster: Tata Group’s HR head quits

Mistry ouster: Tata Group’s HR head quits

Sat, Oct 29, 2016

After the unceremonious exit of Cyrus Mistry from Tata Group, Chief Human Resources Officer (CHRO) of the company, N S Rajan put in his papers on Friday. The disbanding of the group executive council (GEC) triggered Rajan’s resignation, a report by Times of India said.

Cyrus Mistry denies Tata Group's claim on Welspun Power buy

Cyrus Mistry denies Tata Group's claim on Welspun Power buy

Sat, Oct 29, 2016

Stepping up his attack on the Tata Group in general and Ratan Tata in particular, ousted chairman Cyrus Mistry, on Friday, denied group's claim that the board was not properly consulted on Tata Power's purchase of Welspun Power in June.

Mistry woes continue: Says surprised by Tata's justification of his dismissal

Mistry woes continue: Says surprised by Tata's justification of his dismissal

Sat, Oct 29, 2016

The war of words between Tata Sons and its ousted Chairman Cyrus Mistry ratcheted up a notch late on Friday, with Mistry stating he was surprised with reasons given by the Indian conglomerate for his dismissal.

Prosecute Ratan Tata with full vigour: Subramanian Swamy writes to PM Modi

Prosecute Ratan Tata with full vigour: Subramanian Swamy writes to PM Modi

Fri, Oct 28, 2016

FIA is seeking revocation of approvals that were granted by the government for functioning this airline.

Tata Nano's downward spiral began with Cyrus Mistry at the wheel

Tata Nano's downward spiral began with Cyrus Mistry at the wheel

Fri, Oct 28, 2016

It was only after 2013 that Nano sales witnessed drops it is still reeling from. Ex-Chairman Cyrus Mistry was appointed as chairman of Tata Sons in December 2012 but has been on the board as a director since 2006.

Will a Tata lead salt-to-software conglomerate again?

Will a Tata lead salt-to-software conglomerate again?

Fri, Oct 28, 2016

Noel Tata, Ratan Tata's half-brother and Cyrus Mistry's brother-in-law may be in the running for the job once again.

Cyrus Mistry departed from the culture and ethos of the group, Tata Sons says

Cyrus Mistry departed from the culture and ethos of the group, Tata Sons says

Thu, Oct 27, 2016

Tata Sons called Mistry's claims of $18 billion worth of probable write-downs as "unsubstantiated claims and malicious allegations".

FIA drags Tata-Air Asia to Supreme Court

FIA drags Tata-Air Asia to Supreme Court

Thu, Oct 27, 2016

Cyrus Mistry said, "Tata Sons board and members and trustees are also aware that in the case of Air Asia, ethical concerns have raised with respect to certain transactions as well as the overall prevailing culture within the organization. A recent forensic investigation revealed fraudulent transaction of Rs 22 crore involving non-existent parties in India and Singapore."

Tata Steel says ‘No comment’ to Cyrus Mistry's $18 billion write-down letter

Tata Steel says ‘No comment’ to Cyrus Mistry's $18 billion write-down letter

Thu, Oct 27, 2016

Responding to the scathing letter written by ex-Chairman Cyrus Mistry, Tata Steel on Thursday said that the company has followed all the guidelines and has 'nothing further to comment.’

Tata stocks plunge on concerns over Mistry letter

Tata stocks plunge on concerns over Mistry letter

Thu, Oct 27, 2016

Stock exchanges late last night sought clarifications from select Tata companies on reports about Mistry listing out possible write-down risk to the tune of USD 18 billion while the group stocks have been losing value for three days now amid concerns over sudden ouster of Mistry as chairman of Tata Sons, the main holding firm for the group companies.

Shocked beyond words, says Cyrus Mistry on unceremonious ouster

Shocked beyond words, says Cyrus Mistry on unceremonious ouster

Wed, Oct 26, 2016

In an email to the Tata Son’s group, Cyrus Mistry, former chairman of Tata Group has emailed the board stating that he was ‘shocked beyond words’ by his unceremonious removal from the company.

Tata in race against time to save global image

Tata in race against time to save global image

Wed, Oct 26, 2016

India`s largest conglomerate Tata faces one of the most turbulent periods in its long history after its shock decision to sack its chairman, analysts say, as it battles to save its global reputation.

Mistry’s ouster: TCS’ N Chandrasekaran, JLR’s Ralf Speth join Tata Sons' board

Mistry’s ouster: TCS’ N Chandrasekaran, JLR’s Ralf Speth join Tata Sons' board

Wed, Oct 26, 2016

N Chandrasekaran of Tata Consultancy Services (TCS) and Ralf Speth of Jaguar Land Rover (JLR) were elevated to board of Tata Sons on Tuesday.

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