'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'
N Chandrasekaran's decision not to seek reappointment when his term as chairman of Tata Sons ends in February 2027 signals a significant shift in leadership amidst an ongoing power struggle and governance disputes within the Tata Group.
N Chandrasekaran will step down as chairman of Tata Sons in February 2027, concluding a decade at the helm, following a prolonged standoff over his reappointment with Tata Trusts Chairman Noel Tata.
Tata Group stocks experienced a significant decline, with TCS falling nearly 6 per cent, after Tata Sons Chairman N Chandrasekaran announced he would not seek reappointment when his current term concludes on February 20, 2027.
Tata Motors has emerged as the biggest market-share gainer among India's leading passenger vehicle (PV) makers in the first eight months of 2026, securing the No. 2 position in the PV market.
Natarajan Chandrasekaran, credited with stabilising Tata Sons after a boardroom coup and overseeing significant expansion, has announced his resignation as chairman, capping a nearly decade-long tenure marked by both successes and escalating tensions with the group's controlling charitable trusts.
India's passenger vehicle wholesales increased by 12.4 per cent year-on-year in October, reaching 528,384 units, driven by robust festival demand, GST rate cuts, income-tax relief, and low interest rates, which collectively improved vehicle affordability.
Indian benchmark stock indices, Sensex and Nifty, rebounded significantly after a four-day losing streak, driven by value buying and strong performance in metal, telecommunication, and healthcare sectors.
Indian stock markets, led by the Sensex and Nifty, have extended their robust rally for a fourth consecutive day, buoyed by a significant correction in crude oil prices, a resurgence of foreign institutional investor inflows, and strong domestic Q2 earnings.
Indian benchmark equity indices, Sensex and Nifty, saw gains in early trade, primarily driven by strong buying in Reliance Industries and sustained foreign fund inflows. Adani Ports also emerged as a significant gainer after reporting an 18 per cent rise in consolidated net profit. Track Sensex, Nifty on October 29.
Just in case the AGM, scheduled At the AGM, if it is held, a shareholders' vote on Chandra's renewal as a director on the Tata Sons board is unlikely but not ruled out.
The proposed arrangement would involve sub-assembly kits produced at Lockheed Martin's facility in Troy, Alabama, and guidance electronics units manufactured at Raytheon's facility in Tucson, Arizona, being shipped to India for final assembly and integration.
Indian benchmark indices, Sensex and Nifty, saw significant gains in early trade, primarily driven by a strong performance from Reliance Industries following its record quarterly profit announcement and a notable decline in global crude oil prices. Positive foreign fund inflows and a buoyant trend in Asian markets further contributed to the market's optimism.Track Sensex, Nifty on November 2.
The Indian Road Transport Ministry has amended the Central Motor Vehicles Rules to permit flex-fuel vehicles capable of running on up to E100 (nearly pure ethanol), a move aimed at reducing dependence on imported crude oil and promoting alternative fuels.
US Secretary of State Marco Rubio visited Reliance Industries' Jamnagar refinery, a day after calling India a crude oil refining 'superpower', and met with top Indian business leaders Gautam Adani and N Chandrasekaran to advance bilateral ties in energy, trade, investment, and defence.
Indian benchmark indices, Sensex and Nifty, closed significantly higher, with the Sensex rallying 1,233 points and the Nifty climbing to 23,440.80. This surge was primarily fuelled by a sharp increase in Reliance Industries' share price following strong quarterly earnings and a notable decline in crude oil prices.
India's largest private-sector lender, HDFC Bank, is undergoing a significant leadership transition with several long-serving executives, including Deputy Managing Director Kaizad Bharucha and outgoing MD & CEO Sashidhar Jagdishan, set to depart, leaving incoming MD & CEO Anup Bagchi to oversee a major overhaul.
Experts cautioned that this headcount increase does not necessarily indicate a return of steady demand, which has evaded them over the last few years.
Indian benchmark equity indices, Sensex and Nifty, closed lower for the fourth consecutive session, driven by a surge in crude oil prices above USD 114 per barrel due to escalating tensions in West Asia, coupled with broad-based selling and FII outflows.
Nida Khan, an accused in the alleged sexual harassment and religious conversion case at TCS Nashik, appeared before a family court on Friday for a divorce petition filed by her husband, Moin Khan. Both parties attended a counselling session, and the next hearing is set for November 20.
N Chandrasekaran, the current Chairman of Tata Sons, has announced he will not seek reappointment when his term concludes on February 20, 2027, following a lack of unanimous board support for his extension.
Indian benchmark indices, Sensex and Nifty, closed largely unchanged after a volatile trading session, influenced by persistently high crude oil prices, selling pressure in major bank stocks, and investor caution ahead of the US Federal Reserve's policy decision.
Electric vehicle (EV) sales in India are growing faster than the industry's ability to produce and deliver them, leading to supply shortages at dealerships during the peak festival season. This surge in demand is attributed to rising conventional fuel prices, making EVs a more attractive option for cost-conscious buyers.
Indian equity benchmarks Sensex and Nifty extended their losses for a third consecutive session, with the Sensex declining 460.30 points and the Nifty dropping 123.70 points, primarily due to surging crude oil prices driven by escalating tensions in West Asia and weak global cues.
Indian equity benchmarks Sensex and Nifty experienced a decline in early trade, primarily due to a sell-off in power and metal stocks, mirroring a broader downturn across Asian markets. Elevated crude oil prices and firm US bond yields further dampened investor sentiment, while an expert warned of an impending correction in overvalued mid and small-cap segments. Track Sensex, Nifty on October 22.
Gurugram police have arrested two men and seized 673 kg of ganja, valued at approximately Rs 1.25 crore, from a truck. The contraband was being transported from Odisha to Rajasthan, concealed under plastic granules. The accused are currently in police custody for further interrogation regarding the trafficking network.
Indian equity benchmarks Sensex and Nifty rallied up to 1 per cent in early trade, driven by strong performance in IT stocks, Reliance Industries, and favourable global market sentiment, rebounding from previous losses.
Indian benchmark indices Sensex and Nifty experienced a significant drop in early trade, primarily due to a sell-off in IT stocks, a surge in crude oil prices, and investor caution ahead of the US Federal Reserve's policy decision.
All India Football Federation President Kalyan Chaubey has urged the Tata group to reconsider its decision to withdraw Jamshedpur FC from the Indian Super League. While Tata maintains it's a strategic move for grassroots development, Chaubey believes the decision should not be purely financial and highlights Tata's significant contributions to Indian football through the Tata Football Academy.
All India Football Federation President Kalyan Chaubey has urged the Tata group to reconsider its decision to withdraw Jamshedpur FC from the Indian Super League. While Tata maintains it's a strategic move for grassroots development, Chaubey believes the decision should not be purely financial and highlights Tata's significant contributions to Indian football through the Tata Football Academy.
Tata Sons, the holding company of the Tata group, continues to be classified as an 'upper-layer non-banking financial company' (NBFC) by the Reserve Bank of India (RBI), despite its application to deregister as an NBFC-Core Investment Company (CIC) remaining under consideration. This classification subjects it to enhanced regulation and a mandatory listing requirement, which remains uncertain.
Indian equity benchmark indices extended losses for a second consecutive session, with the Sensex dropping 143 points, driven by a sell-off in power, banking, and financial stocks, coupled with elevated crude oil prices and persistent FII selling.
Tata Motors Passenger Vehicles (TMPV) reported Q1FY27 results showing significant margin pressures at both Jaguar Land Rover (JLR) and its domestic operations, despite strong volume growth in the India business. Analysts expect these margin headwinds to persist, potentially offsetting gains from increased sales and new launches.
India's sedan market is experiencing a notable divergence: affordable entry-level sedans are gaining market share, while midsize sedans are seeing a significant decline as buyers increasingly opt for SUVs in higher price brackets.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to persistently high crude oil prices and significant selling pressure in IT stocks, with global factors like US bond yields and upcoming Federal Reserve decisions also contributing to cautious investor sentiment. Track Sensex, Nifty on October 27.
Indian benchmark indices Sensex and Nifty saw a rebound in early trade, primarily driven by a more than 4 per cent surge in Tata Consultancy Services (TCS) shares following its robust Q2 net profit announcement. Track Sensex, nifty on October 9.
Indian benchmark indices Sensex and Nifty opened higher, extending their previous session's rally, driven by a decline in global oil prices, despite continued selling by Foreign Institutional Investors.
Jamshedpur FC players, including senior India footballers, have made an emotional appeal to the Tata Group to reverse its decision to withdraw the club from the Indian Super League (ISL) and dismantle the senior team, citing the impact on young players and the future of Indian football.
Indian equity benchmarks, the Sensex and Nifty, opened higher on Friday, driven by a strong rally in IT stocks, despite a significant overnight decline in US technology shares and broader Asian markets. Experts anticipate further market support from falling US bond yields, a strengthening rupee, and a substantial liquidity inflow following the Jio Platforms IPO allotment. Track
