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Tata Group Chief N Chandrasekaran takes charge amid Air India troubles
Economic Times
·
1m ago
Medial
Tata Group Chairman N Chandrasekaran has taken charge of Air India's operations amid a crisis following a tragic air crash. He is focusing on safety, government coordination, and maintaining employee morale. Expat CEO Campbell Wilson assists in long-term planning, regulatory matters, and operational reviews. The crash resulted in 241 fatalities, and Air India has pledged compensation. Chandrasekaran, drawing on past crisis management experiences, aims to restore confidence and pride in Air India.
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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 Sons chairman N Chandrasekaran briefs Trusts board directly on business performance, upcoming plans
Economic Times
·
28d 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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Chairing Tata: How RNT set the leadership benchmark for his successors
Livemint
·
10m ago
Medial
- The Tata group has been a cornerstone of Indian industry for over a century, with leaders such as J.R.D. Tata, Ratan Tata, and N. Chandrasekaran leaving a lasting impact on its trajectory. - J.R.D. Tata's 53-year tenure as chairman shaped the foundation and culture of the Tata group, while Ratan Tata and N. Chandrasekaran adapted to the challenges of their time. - Ratan Tata played a significant role in consolidating and strengthening the business empire, asserting authority over powerful leaders within the group. - Under Ratan Tata's leadership, the Tata group expanded its market reach globally through strategic acquisitions, including Tetley, Corus, and Jaguar Land Rover. - Cyrus Mistry, as Ratan Tata's successor, aimed to fix perceived flaws within the group, but his tenure was cut short due to conflicts and disagreements with Ratan Tata. - N. Chandrasekaran, known for his role in the success of Tata Consultancy Services, took on the challenge of continuing the group's progress while embracing technological advancements and addressing legacy concerns.
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Tata to announce semiconductor unit 'soon', says Chairman N Chandrasekaran
Livemint
·
1y ago
Medial
Indian conglomerate Tata Sons is planning to announce a substantial investment in a semiconductor chip fab in the near future. The chairman, N Chandrasekaran, mentioned the conglomerate's forward-looking approach and its investments in Air India and the electronics and semiconductor sector. Details about the semiconductor manufacturing facility were not disclosed. There are reports that Tata Group is considering partnerships with Taiwanese chipmakers for the proposed chip fabrication plant in Gujarat. Chandrasekaran highlighted the group's commitment to advancing semiconductor technology and India's advantageous position to capitalise on changes in the supply chain and advanced manufacturing.
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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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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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Tata is now riding the new wave: What lies ahead?
Economic Times
·
13d ago
Medial
Tata Group, one of India's largest conglomerates, is navigating a significant transformation under Chairman N. Chandrasekaran. Over the past five years, the group has nearly doubled its revenue and more than tripled its net profit and market capitalization by investing ₹5.5 lakh crore to become "future fit." Key challenges include sustaining performance amid economic and technological shifts, addressing sustainability in capital-intensive businesses, and improving digital transformation efforts across sectors like electronics, aviation, and digital retail.
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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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Demerger to bring strategic clarity, long-term returns for shareholders: Tata Motors Chairman
YourStory
·
2m ago
Medial
The demerger of Tata Motors into Commercial Vehicles and Passenger Vehicles (including EV and JLR) is aimed at enhancing strategic focus and shareholder returns. Chairman N Chandrasekaran emphasized it would bring strategic clarity, agility, and foster superior customer experiences, rewarding careers, and long-term shareholder value. Effective by late 2025, the demerger supports Tata Motors’ growth strategy, innovation for cleaner mobility, and adoption of automation and AI, ensuring resilience amid global market volatility.
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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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