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Tata Sons chairman N Chandrasekaran briefs Trusts board directly on business performance, upcoming plans
Economic Times
·
23d ago
Medial
Tata Sons Chairman N Chandrasekaran conducted a significant briefing to the Tata Trusts board, marking a first-time direct update on the conglomerate's strategic priorities, performance, and upcoming plans. This includes investments in semiconductors, electric mobility, and Air India. The meeting covered group businesses, capital allocation, and transparency initiatives, emphasizing Tata Sons’ commitment to future readiness. Additionally, it addressed responses to the Air India crash, detailing regulatory compliance and relief measures. This unprecedented move aims to enhance communication with the Trusts.
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Tata Sons holds first board meet after Air India plane crash
Economic Times
·
1m ago
Medial
Tata Sons held a board meeting following the tragic Air India plane crash, with Chairman N Chandrasekaran updating leaders on the incident and relief efforts. The Tata group, along with its majority shareholder Tata Trusts, committed to further aid efforts for those affected. Condolences were offered for the victims, and a compensation of Rs 1 crore for the kin of each deceased person was announced. Chandrasekaran now manages Air India's daily operations directly.
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Tata Trusts to Tata Sons: Try all to stay private, consider exit for SP Group
Livemint
·
1d ago
Medial
Tata Trusts has urged Tata Sons, led by chairman Natarajan Chandrasekaran, to remain a private entity despite the looming deadline for potential public listing. Tata Trusts, holding a 65.9% stake, has shown an openness to allowing the Shapoorji Pallonji Group, the largest minority shareholder, to exit. This directive highlights Tata Trusts' strategic preference for continued private control of Tata Sons while considering financial restructuring options.
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Tata Sons chair Chandrasekaran skips TCS AGM following AI crash crisis
Livemint
·
1m ago
Medial
Natarajan Chandrasekaran, Tata Sons chairman, missed Tata Consultancy Services' annual general meeting for the first time in 18 years due to handling a crisis after a deadly Air India crash. This marks his second absence, having also skipped Tata Consumer Products Ltd's shareholder meeting. Chandrasekaran, who joined TCS's board in 2007 and was its CEO from 2009 to 2017, became Tata Sons chairman subsequently.
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Noel Tata joins board of Tata Sons
VCCircle
·
8m ago
Medial
Noel Tata, the half-brother of late Indian tycoon Ratan Tata, has recently been appointed to the board of Tata Sons, the conglomerate that operates under the Tata group. This comes after his appointment as the chairman of Tata Trusts, the philanthropic arm of the group. Tata Trusts owns a significant stake in Tata Sons and appoints several directors to its board, granting them veto powers. Noel Tata's addition to the board is seen as a significant move within the company.
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Tata hails Uber to drive Neu traffic
Economic Times
·
1y ago
Medial
Tata Group is reportedly in talks with Uber to establish a strategic partnership aimed at boosting traffic and engagement on Tata's digital platform. The collaboration could involve integrating Uber's services as an anchor app within the Tata Neu ecosystem. Tata Neu has faced challenges in user growth and customer engagement. Uber CEO Dara Khosrowshahi and Tata Sons chairman N Chandrasekaran are expected to discuss the potential alliance during Khosrowshahi's upcoming trip to India. The terms of engagement are still being worked out. Tata Digital denied ongoing talks, while Uber did not respond.
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With Rs 156 crore package from Tata Sons, N Chandrasekaran is among India’s highest-paid executives - The Economic Times
Economic Times
·
8d ago
Medial
N Chandrasekaran, executive chairman of Tata Sons, became one of India’s highest-paid executives in FY25, earning Rs 155.81 crore, a 15% increase from the previous year despite a 24.3% decline in company profits. His earnings mainly came from commissions on profits. Other notable payouts included Saurabh Agrawal's Rs 32.7 crore and Noel Tata's Rs 1.42 crore. Venu Srinivasan declined any commission. The report underscores corporate salary trends at Tata Sons.
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Future 'very strong and bright' as India's consumption boosts travel: Tata Sons Chairman N Chandrasekaran
Economic Times
·
25d ago
Medial
Tata Sons Chairman N Chandrasekaran expressed optimism about India's travel sector, viewing its future as "strong and bright" due to growing consumption. Speaking at the IHCL AGM, he outlined plans for a global footprint of 700 hotels by 2030 and revenue targets over Rs 15,000 crore. Highlighting India's resilience post-Covid amid global economic slowdowns, he praised IHCL's financial performance, noting significant revenue and profit growth, and a robust cash reserve.
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Noel Tata named new Tata Trusts chairman - Here are 5 lesser-known facts about him | Mint
Livemint
·
9m ago
Medial
- Noel Tata has been appointed as the chairman of Tata Trusts, the charitable division of Tata Group. - He is the son of Naval H. Tata and Simone N. Tata. - Noel Tata is currently a trustee of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust. - Ratan Tata, Noel Tata's half-brother, passed away recently, leading to the appointment of Noel Tata as the chair of Tata Sons. - Noel Tata has been associated with the Tata Group for over four decades and holds various board positions within the group. - He possesses Irish citizenship and has strong roots in India.
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Tata Sons chairman tries to uplift morale as turnaround effort stalls
Economic Times
·
1m ago
Medial
Tata Sons Chairman N Chandrasekaran addressed Air India’s leadership following a tragic Boeing 787 crash, emphasizing unwavering support for affected families and using the crisis to enhance airline safety. Despite significant criticism, Chandrasekaran, passionate about Air India's turnaround, acknowledged the challenges of competing globally and implementing a comprehensive overhaul after the Tatas' ambitious expansion post-2022 acquisition. Experts stress the need to balance growth with safety and restore customer trust after the disaster.
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Air India plane crash: Tata Group calls in Boeing, GE for technical support
Economic Times
·
1m ago
Medial
The Tata Group has enlisted Boeing and GE Aerospace experts to assist in the investigation of a fatal Air India Boeing 787-8 Dreamliner crash in Ahmedabad. The incident occurred shortly after takeoff, with 242 onboard, crashing into a residential zone. Tata Sons chairman N Chandrasekaran is actively involved, having traveled to Ahmedabad and pledged compensation for victims' families. The cause remains unclear, with safety audits and government investigations ongoing.
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