Tag: n chandrasekaran

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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File photo: Tata Sons Chairman N Chandrasekaran leaves Bombay House, in Mumbai (PTI)
Posted in Business

Tata Sons’ U-turn on chairman? N Chandrasekaran reappointed for fresh 5-year term, says report

The board of India’s Tata Sons has reportedly approved a fresh five-year term for N Chandrasekaran as executive chairman, reversing his decision last month not…

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The meeting is scheduled to consider, among other matters, the directorship of Tata Sons Chairman N Chandrasekaran, who has decided not to seek another term when his current tenure ends in February. (Reuters)
Posted in Business

Tata Sons annual meeting may not happen in August. Here’s why

The Tata Sons annual general meeting scheduled for August 18 may not take place after Sir Ratan Tata Trust, a key shareholder in the holding…

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Tata Trusts Chairman Noel Tata. As the first non-family, non-heir chairman at Tata Sons, Chandra faces mounting pressure from Noel—a Tata family scion intent on asserting greater influence over how the group is run. (PTI)
Posted in Business

Noel Tata’s tough stance on Tata Sons IPO stalled chairman’s reappointment| Business News

An early agenda item for Tata Sons Pvt.’s six board directors when they convened at 11:30 am on Tuesday at Bombay House—the group’s storied headquarters—was…

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Tata Sons Chairman N. Chandrasekaran. (PTI)
Posted in Business

AI biggest opportunity for IT industry, Tata Group’s N. Chandrasekaran says| Business News

AI is the biggest opportunity for the IT services industry, Tata Group Chairman Natarajan Chandrasekaran said at the India AI Impact Summit on Thursday, even…

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Posted in Economy

Nirmala Sitharaman’s message to India Inc: Don’t hesitate, invest and expand

Finance Minister Nirmala Sitharaman on Thursday urged Indian industry to step up investments and expand capacities, saying the government has already delivered on reforms and…

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