While Tata Sons' Chairman Emeritus Ratan Tata has made an investment in e-commerce company Snapdeal, he is not involved in its functioning.
Mistry is expected to take over the mantle of the salt to software giant in Deecmber, 2012 after Ratan Tata retires.
Profit in FY13 up 18% to Rs 3,713 crore, dividend income jumps 37%
Former Tata group strategist and member of the now disbanded Group Executive Council, Nirmalya Kumar has said he was fired from his position for "working intensely and extensively" with ousted Tata Sons Chairman Cyrus Mistry.
The deal between Bharti group and Tata Teleservices is yet another example of how swiftly things can change in business.
A revamped Air India under the Tata Group will be a real challenge while new airline Akasa Air will be a far less competitive force for the next two-three years, IndiGo CEO Ronojoy Dutta said on Wednesday. Akasa Air, which is backed by former IndiGo president Aditya Ghosh, ace investor Rakesh Jhunjhunwala and former Jet Airways CEO Vinay Dube, got the no-objection certificate (NOC) from the Ministry of Civil Aviation on Monday.
Every move that strengthens Cyrus Mistry's position in companies like Indian Hotels could prolong the uncertainty.
Ola did not disclose financial details of the investment.
Tata Sons has signed a memorandum of understanding with Singapore Airlines to establish a new airline in India.
N Chandrasekaran, chairman of Tata Consultancy Services (TCS) and Tata Sons, believes that the Digital India Act is a necessity. "The Digital India Act is a necessity because so much has changed over the decades since the original Information Technology (IT) Act was put in place. I am glad the government is developing a participative approach to developing the Digital Act," he said, while answering shareholders at TCS' 27th annual general meeting. Minister of State for Electronics and IT Rajeev Chandrasekhar a few months ago had said that the government would shortly roll out the Digital India Act - a renewed policy for the digital ecosystem and cyberspace in the country.
The company may partner with local governments and land owners to launch its projects.
Tata Sons chairman Ratan Tata on Tuesday said that further investments in West Bengal would be made when there is a "feeling to satisfy that there is no hostility against us".
The fully funded scholarship includes tuition, living expenses and travel cost for a one-year-postgraduate programme.
The Tata group companies are now more valuable than all the listed central public sector undertakings (CPSUs) or companies in the country. The key 20 listed Tata companies ended the 2021 calendar year with a combined market capitalisation of Rs 23.36 trillion, ahead of the 70 listed CPSUs, which had a combined m-cap of Rs 23.2 trillion. In comparison, these CPSUs had a combined market capitalisation of Rs 16.7 trillion at the end of December 2020 against the Tata group firms' combined m-cap of Rs 15.7 trillion.
While about 8,000 people are in the long list of invitees, the select list features 506 A-listers, including prominent politicians, leading industrialists, top film stars, sportspersons, diplomats, judges and high priests.
Call it a coincidence - as Ratan Tata was preparing to hand over the baton of Tata Sons to Cyrus Mistry, Sebi banned Dilip Pendse, former MD of the erstwhile Tata Finance from the capital market for a period of two years.
The TCS board approved a special compensation of Rs 5 crore (Rs 50 million) over and above the Rs 3-crore (Rs 30-million) commission due to him for the last financial year.
Ten former captains of India's Olympic hockey teams were felicitated with a citation and a purse of Rs 100,000 each.
Vistara, an airline in which Tata Sons owns 51 per cent stake, is one of those which wants a relaxation in rules, saying these are important for the country's economic growth.
Tata Sons Chairman Ratan Tata on Friday said the government must stop the 'banana republic kind of attacks', as the real 2G scam was becoming hidden behind a smokescreen.
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.
Tatas have tied up with Israel Aerospace Industries to manufacture missiles, pilotless drones, electronic warfare systems and other defence equipment.
The Air India board met on Monday afternoon to consider the candidature of Ilker Ayci and after due deliberations approved the appointment of Ayci as the CEO & MD of Air India, Tata Sons said in a statement.
The Air India board met on Monday afternoon to consider the candidature of Ilker Ayci and after due deliberations approved the appointment of Ayci as the CEO & MD of Air India, Tata Sons said in a statement.
With the launch of Tata AirAsia and Tata-SIA, the added capacity will bring down fares considerably, say observers.
The total valuation of Tata Teleservices, according to the valuer, was only Rs 11,000 crore (Rs 110 billion), against the pre-agreed valuation of Rs 27,000 crore (Rs 270 billion).
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.
In the midst of an ongoing search process to find Ratan Tata's successor to head the country's biggest corporate house, top leaders from the group have heaped lavish praise on his leadership style.
Chandrasekhar's letter seeks to convey the impression that the Tata Group kept quiet when it stood to benefit from violations of norms.
In a significant development that ends the prolonged speculation about the succession in India's leading corporate house Tatas virtually extended the term of group Chairman Ratan Tata till 2012.
Noel Tata likes to relax at his Alibaug beach home on weekends, but he is equally passionate about driving on the Mumbai-Pune Expressway at a speed of over 100 kilometres per hour.
These patents are primarily in the area of computation and data processing.
Tata Housing Development Company Ltd today said it will invest Rs 2,000 crore (Rs 20 billion) in the next three years to build a luxury housing project in Gurgaon and also announced its plans to foray into the overseas market this fiscal.
Appears before PAC, admits voice in Radia tapes his, but denies influence over Cabinet formation.
The Rs 17,000 crore-share buyback programme of India's top software services exporter Tata Consultancy Services (TCS) will open on December 1. The buyback, where investors can sell to the company their shares at an offer price of Rs 4,150 apiece, will close on December 7, TCS said in a regulatory filing on Tuesday. The information technology bellwether is aiming to repurchase up to 4.09 crore shares (1.12 per cent of the total equity share capital) at Rs 4,150 apiece in a buyback valued at Rs 17,000 crore.
CNBC-TV18 News reports that it has been able to confirm that the insurance giant is firmly backing Tata Sons. There is thus no possibility that the insurer will exit the group.
'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.'
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances