At TCS, Chandrasekaran would be succeeded by Rajesh Gopinathan, currently the company's chief financial officer.
Tata Group Chairman Ratan Tata on Monday said the government's decision to restrict WLL mobile services within a local call area, known as short distance charging area, will not have any adverse impact on Tata's WLL operations.
Tata Motors on Thursday clarified that it has no intention to back out of the Singur deal where it plans to set up a plant to manufacture the Rs100,000 car.
The NCLAT, in its December 18, 2019 order, had restrained the company, its board of directors and shareholders from exercising the power under the article against minority members except in exceptional circumstances and in the interest of company. A bench headed by Chief Justice S A Bobde dealt with this issue in its 282-page verdict which set aside the NCLAT's order that had restored Cyrus Mistry as the executive chairman of the USD 100 billion salt-to-software conglomerate.
Equity benchmark indices Sensex and Nifty settled higher on Thursday, powered by a rally in banking and power stocks amid a largely firm trend in global markets. The stock markets mostly traded range-bound in the absence of any major trigger and persistent foreign capital outflows, traders said. The 30-share BSE Sensex rose 144.31 points, or 0.18 per cent, to settle at 81,611.41.
Global strategy a mix of organic growth, takeovers.
In 2006-07, TCS had employed 7,000 people in the eastern states.
Agencies had earlier prepared a list of about 37 industrialists, whom they considered vulnerable, but later pruned it to 25 and submitted it to the home ministry last week.
"I am very satisfied and excited about this launch today and the Nano is not for my ego trip... certainly, not an ego trip at all," Ratan Tata said. The price of Rs 1 lakh was announced six years ago when the plan for the Nano was unveiled at an European motor show, he said. He added the fact that the company has kept its promise goes to show that it was not a "gimmick."
While study was done before the current boardroom battle began, the findings indicate Tata is no longer viewed as aspirational brand by working professionals.
The ordinance will be tabled in the next session of the legislature, it said, adding that 27 posts were approved for the commission.
Shareholders feel Cyrus Mistry is slowly slipping into Ratan Tata's shoes
Few people know Ratan Tata as well as R K Krishna Kumar does. Widely perceived to be among the managers closest to Tata, Krishna Kumar assesses Ratan Tata, the man and business leader, in this exclusive interview to Rediff.com's Vaihayasi Pande Daniel.
Who could be India's Obama who could unite the country and march the nation forward at a traumatic time? US business magazine Forbes feels it is industry captain Ratan Tata.
'The launch of the vehicle was successful beyond expectation'.
John Elliott, the author of Implosion: India's Tryst with Reality, on his Riding the Elephant blog, says the sacking of Cyrus Mistry as chairman of Tata and Sons was in line with Ratan Tata's personal style of dealing with executives
Tata's comments come a little over two weeks after JLR management and its workers agreed to a two-year pay freeze, subject to no compulsory layoffs for the next two years. This is also the first time the Tata chairman has made a direct public appeal to the UK government for credit support.
For the group's top firms, return on net worth is now 27 per cent, compared with 17 a decade ago.
Industry greats like Ratan Tata, Lakshmi Mittal, Narayana Murthy and P R S Oberoi have been nominated for this years Padma Vibhushan.
Vision 2025 to focus on four clusters; aim is to join the global club of top 25 companies.
This was how a despondent Ratan Tata, who once said he will not pull out of Singur even at gun-point, on Friday summed up his group's "painful" decision to exit the Rs 1-lakh Nano car project from West Bengal.
After showcasing the yet-to-be-named car (Ratan Tata calls it "the people's car") in the capital, the company is planning a similar splash at the Geneva Motor Show in March, a company spokesman confirmed.
Five years after his promise to build a people's car, Ratan Tata will hand over the key of his dream project--the Nano- to its first customer on Friday.
'The Tata group will need for its new leader to show the same foresight and willingness to go against conventional wisdom at times to keep the group's aspirations high and uphold the values of innovation, ethics, corporate responsibility, trust and leadership that are frequently associated with the Tata name.'
"I hope there's a bad 'M' and a good 'M'," Ratan Tata quipped shortly after Gujarat became a new home for his Nano small car project.
Tata Group Chairman Ratan Tata, Infosys Technologies CEO Nandan Nilekani, Wipro Chairman Azim Premji and Reliance Industries Chairman Mukesh Ambani are the four Indians in Asia's 25 most powerful business leaders list by the Fortune magazine.
The Supreme Court on Thursday dismissed a plea of the Sapoorji Pallonji (SP) group seeking a review of the 2021 verdict which had upheld the Tata group's decision to remove Cyrus Mistry as the executive chairman of the Tata Sons. A bench headed by Chief Justice N V Ramana, however, ordered the deletion of certain remarks made against Cyrus Mistry in the March 2021 verdict. Senior advocate Harish Salve, appearing for the Tata group, said the court may permit the deletion of one or a few sentences not for the reasons given in the application of the Sapoorji Pallonji (SP) group.
Shapoorji and Pallonji Group to contest Cyrus Mistry's ouster from Tata Sons
