Late Ratan Tata always ensured employees are taken care of along with the well-being of their families across the Tata Group companies, which shaped a number of leaders across the conglomerate, and there really was no one like him, Tata Sons chairman N Chandrasekaran said on Monday. Recollecting his association with Tata (86) who passed away last week, in a post on networking platform LinkedIn, he wrote, "Anybody who met Mr Tata came away with a story about his humanity, warmth, and dreams for India. "There really was no one like him."
The market is both taking a short-term view and a harsh view. We often damn a company when it makes a loss in a single year.
The government is keeping its options open.
United States Ambassador to India, Eric Garcetti, expressed condolences on veteran industrialist, Ratan Tata's demise on Thursday and said that India, and the world have 'lost a giant with a giant heart'.
The Tata Trusts disbursed more grants in the last 10 years than they did in the previous 100 years.
A financial turnaround in Tata Steel and Tata Motors has come as a shot in the arm for Chandra.
From politicians to entrepreneurs and change makers, Akash Ambani's wedding had some illustrious guests.
If Cyrus's protestations of having no knowledge of his imminent dismissal are to be taken at face value, he was extraordinarily naive and insulated from the ground reality. There were enough straws in the wind to suggest that his relations with Ratan were fast deteriorating to a point of no return.
His presence matters more than the money he brings.
Tata Group is the country's most valuable group and has an estimated 4.1 million shareholders across its various listed companies
Chairman Emeritus of Tata Sons Ratan Tata termed Prime Minister Narendra Modi as a 'doer' and said he should be given more time.
The infusion will help the airlines plan their next rounds of operations as easing of 5/20 norms
The donation by Tata Sons and Trusts is the biggest sum committed by a corporate and its philanthropic arm since the outbreak of Covid-19. Others, including Reliance Foundation, Mahindra Group, Bajaj Group, and ITC, are lending support too in the battle against the pandemic.
These start-ups include high-growth companies such as Ola, Paytm, Lenskart, UrbanClap and Urban Ladder. Nearly half of these have gone on to raise follow-on funding, a key measure of success for start-ups. A few have become unicorns, the term for start-ups valued at $1 billion or more.
The search panel might have to lower the benchmark to find a successor to the head of $71 billion business empire.
Tata had led the salt-to-software conglomerate for 21 years after being chosen successor by his uncle, the iconic JRD Tata, in 1991.
On Wednesday, chairman emeritus of Tata Sons Ratan said that while driving from the airport through Rajarhat, he came across beautiful buildings but it looked like a countryside under development with no signs of industrialisation.
Chandrasekaran served TCS for three decades as it rose to become the largest IT company in the country and also the crown jewel for Tata Sons
The government is keeping a "close watch" on the developments relating to the Tata-Mistry case, but does not want to "interfere" at present as it was an "internal matter" of a private group, Ministry of State for Corporate Affairs Arjun Ram Meghwal has said.
Tata Sons chairman N Chandrasekaran on Thursday skipped the Annual General Meeting of Tata Consultancy Services (TCS), marking his absence from the group's shareholder gathering for the second consecutive day. This is the first time in over 17 years that Chandrasekaran, who was elevated as the chairman of the diversified conglomerate after working as TCS's chief executive, has missed the AGM of the largest IT services company.
Cyrus Pallonji Mistry, 43, currently the Deputy Chairman of Tata Sons has been a director of Tata Sons since 2006.
Tata, 78, who retired as Tata Group Chairman nearly four years back, justified his return for "maintaining stability and continuity of leadership" and promised to give the group "a world-class leader" when a fulltime boss is appointed.
Of the six chairmen that Tata group has had in its 148 years, the longest serving was Jehangir Ratanji Dadabhoy
A committee would consider candidates inside and outside the conglomerate to succeed Ratan Tata.
Most airlines have fattened their profits, turned the corner, or cut their losses, except AirAsia India.
Mistry is expected to take over the mantle of the salt to software giant in Deecmber, 2012 after Ratan Tata retires.
Tata Group expects to do some tightrope walking on legal issues in the days ahead.
While the entry of 62-year-old Noel Tata, half brother of Ratan Tata, into Tata Trusts is being seen as a significant departure from the past within the salt-to-software conglomerate, Jehangir, a long-standing philanthropist is expected to add heft to Tata Trusts.
Tata Group chairman Ratan Tata was in Kolkata on May 18, 2006, the day Buddhadeb Bhattacharjee started his second innings as chief minister of West Bengal, to announce the Nano small car project.
In the past, Tata Motors gave India its many first - country's first indigenous car (Tata Indica), first sports utility vehicle (Safari), first micro truck (Ace) or a Rs 100,000 car for the common citizen (Nano). After JLR's acquisition, however, the company has failed to connect with Indian car buyers.
In a major victory for the Tata Group, the Supreme Court on Friday set aside the NCLAT order restoring Cyrus Mistry as the executive chairman of the conglomerate.
The gift from the Tata Trusts will allow Cornell to establish and expand partnerships with Indian scientists that build on its strength in applied agriculture research. The endowment will also be used to set up a scholarship fund to bring more Indian students, who may be discouraged by Cornell's price tag, to the university. The gift could eventually help support as many as 25 Indian undergraduate and graduate students at a time.
"The strategic divestment transaction of Air India successfully concluded today with transfer of 100 per cent shares of Air India to M/s Talace Pvt Ltd along with management control," DIPAM secretary Tuhin Kanta Pandey said in a tweet. A new board, led by the strategic partner, takes charge of Air India, he added.
Hemlatha Annamalai and P Bala's Ampere Vehicles makes e-vehicles in Coimbatore.
Tata Sons on Friday announced organisational changes, bringing in S Padmanabhan as the group human resources head.
Chairman Emeritus of Tata Sons Ratan Tata said shifting the Nano car plant from Singur in West Bengal was a prudent move in hindsight but gave the group a high negative cost.
Tata Sons cuts retirement age of non-executive directors from 75 years to 70.
UK-India trade has unrealized potential, given the synergies possible between the two countries, said Ratan Tata
The biggest winner of the Tata drive to drill down innovation to every person on every shop-floor is the Tata conglomerate. While the most visible symbol of this has been the Nano, insiders say Tata has already started asking his senior executives, 'What is the next Nano?' The innovation drive is seeking to answer that question.
Ratan Tata was deeply involved in promoting a technology-oriented culture in the group
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances