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
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.
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.
India needs another shot of difficult reform, of the kind only possible at gunpoint. Mr Trump holds that gun to our heads now. A drastic reduction in tariff protection, other elements of sarkari wet-nursing will force entrepreneurial India to become competitive again, argues Shekhar Gupta.
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.'
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.
"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.
Shapoorji and Pallonji Group to contest Cyrus Mistry's ouster from Tata Sons
Mody held important positions in Tata group and led Tata Steel till he retired in the early 1990s.
Unprecedented bribery charges, farewells, separation, failed union, monumental mergers and record-breaking IPOs, along with a healthy dose of online happenings in the form of spat and lessons in customer care, corporate India saw it all in 2024.
Powered by Ziptron technology, the electric SUV for the personal segment comes with a range of 312 km on a single charge and a high voltage system, fast charging capability, extended battery life and class leading safety features. Besides, it has 35 connected car features as well. The Nexon EV will be available in three trim levels across 60 authorised dealerships in 22 cities, the company said at the launch.
Further stimulus measures are expected in the upcoming Budget where the focus is likely to be on reforms, including some structural measures such as reducing red tape and boosting foreign direct investment. The meeting with industrialists is in the series of discussions that Modi has had during the last couple of weeks to seek suggestions to revive growth.
After Rs 800 million makeover, Bombay House reopened on July 29, 2018. The earlier dull interior with low technology has given way to a lot more colour and vibrancy.
When Pritish Nandy passed into the ages, both journalists and film folk expressed their genuine sorrow. Many took to social media to pay their heartfelt condolences.
Balwa, who is accused along with 16 others in the case, claimed that he cannot be prosecuted for pushing back Tata in the race as the firm was never in the race to get the 2G spectrum licence
Experts say the impact is limited to investors and potential employees and may ease out in the next few months
The government said on Wednesday that it would consider on commercial ground the request from Ratan Tata to route international long distance traffic of state owned Bharat Sanchar Nigam Ltd through Videsh Sanchar Nigam Ltd.
Tata was concerned that most innovations were happening outside India, some by Indians.
It is a reinforcement of the principles and forthrightness that prevails in our judicial system, which should make all of us proud of our country and its democracy.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
The toll waiver will be in force from midnight on Monday, he said.
For more than 900 million ordinary Indians, the launch of the Rs 1-lakh car is a rare moment when they feel like they are being taken care of by the rich and the mighty, says Sheela Bhatt.
Tata Sons on Friday announced organisational changes, bringing in S Padmanabhan as the group human resources head.
The commercial vehicle business is one of the mainstays for the Tata group, highlighting the importance of Girish Wagh's appointment.
Corporate magnate Ratan Tata on Friday said that Congress general secretary, Rahul Gandhi had opened a door for investments in Jammu and Kashmir.
'When Dr Murli Manohar Joshi wanted to start a course on astrology, Jayant was the first one to have the courage to stand up and say astrology is not science.' 'That's a very rare quality -- to stand up to authority.'
Insurer likely to support Ratan Tata; reduction in stake might have been profit booking.
Ahead of the board meeting that afternoon, in fact only minutes before that, then chairman Cyrus Mistry was given an opportunity to step down, it is learnt. But, Mistry declined
