Tag: n chandrasekaran

Inside the Tata Sons power struggle: Noel Tata, Chandrasekaran and the key players. (PTI/HT File)
Posted in Business

Tata Sons power battle: Who’s who in the high-stakes boardroom tussle

A boardroom dispute at Tata Sons has turned into a fight over the future of the holding company of the Tata Group. Inside the Tata…

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In his letter, Noel denounced the entire reappointment as illegal from the start. (PTI)
Posted in Business

‘Illegal, strong objection’: What Noel Tata said on N Chandrasekaran’s ‘controversial’ reappointment at Tata Sons

The board of Tata Sons applied two different constitutional rules in 2022 and 2026 to reappoint its chairman, Tata Trusts chairman Noel Tata claimed, after…

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According to Tata Trusts, Tata Sons’ Articles of Association (AoA) require the affirmative support of a majority of directors nominated by Tata Trusts. (PTI)
Posted in Business

Tata Sons board resolution on Chandrasekaran reappointment invalid, says Tata Trusts

The resolution to reappoint N Chandrasekaran as Chairman of Tata Sons was not validly passed at the company’s September 17 board meeting as the mandatory…

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Posted in Economy

India to see ‘unparalleled’ economic growth for decades amid AI-led changes: Tata Sons’ N Chandrasekaran

Chennai: India is entering a period of economic growth that could be “unparalleled” in its history and across the world, even as artificial intelligence (AI),…

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Noel Tata opposed Chandrasekaran’s continuance on Thursday, while Tata Trusts termed the decision “illegal.” (via REUTERS)
Posted in Business

Tata Sons’s move to grant Chandrasekaran another term short of shareholder math: A look at numbers

The shareholding math required for N Chandrasekaran to retain his Tata Sons directorship appears heavily stacked against him, a day after the board revolted against…

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As Chandrasekaran was an ‘interested party’, he recused himself from the proceedings of this crucial resolution (PTI)
Posted in Business

Tata Sons revolt erupts as board votes to reappoint N Chandrasekaran, Noel objects

An unprecedented revolt at Tata Sons has plunged India’s largest conglomerate into a critical governance crisis, after directors voted to grant chairman N Chandrasekaran a…

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Noel, who became chair of Tata Trusts in October 2024, two days after his half-brother Ratan Tata died on 9th, faced many challenges, including helping SP Group. (PTI)
Posted in Business

Noel presents SP Group’s offer to sell back 3% Tata Sons stake for ₹25,000 crore

Tata Trusts chair Noel Tata presented a Shapoorji Pallonji (SP) Group proposal to the Tata Sons board on Thursday, wherein the minority investor offered to…

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An undated photo of Noel Tata who has been appointed as chairman of Tata group's philanthropic arm Tata Trusts. (PTI)
Posted in Business

‘Tata model has to be saved’: Noel Tata pushes against public listing of Tata Sons

Tata Trusts has pushed back against Tata Sons’ move towards a public listing, with chairman Noel Tata saying it would be a mistake for the…

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Tata Sons Chairman Natarajan Chandrasekaran (left) and Tata Trusts Chairman Noel Tata.
Posted in Business

Tata Trusts chairman Noel Tata calls Chandrasekaran’s reappointment ‘illegal’, cites Tata Sons’ rules

After Tata Sons approved a fresh five-year term for N Chandrasekaran as executive chairman, Tata Trusts issued a statement saying it maintains that the resolution…

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N Chandrasekaran, was re-appointed as the Chairman of Tata Sons at a board meeting on Thursday (REUTERS)
Posted in Business

From not seeking another term to re-appointment: What led to N Chandrasekaran’s return as Tata Sons chairman

The board of Tata Sons on Thursday stated it “unanimously” voted to re-appoint N. Chandrasekaran as executive chairman of the group. This re-appointment comes after…

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