Tag: noel tata

Tata Sons chairman N Chandrasekaran. (Reuters)
Posted in Business

Tata Sons chairman N Chandrasekaran’s TVS Motors link emerges amid row over re-appointment

Family members of Tata Sons chairman N Chandrasekaran hold business relations with TVS Motor Co. Ltd, documents showed, raising governance questions after a decisive vote…

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Noel Tata, Chairman of Tata Trusts, is against listing the firm by revenue. (REUTERS)
Posted in Business

Noel suggested splitting up Tata Sons at board meeting to block listing: Report

Tata Trusts chairman Noel Tata reportedly suggested a restructuring exercise within the company, including splitting it up into multiple entities. The suggestions were made a…

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Abhishek Singhvi said that the fundamental issue in the Tata Trusts vs Tata Sons imbroglio is that the rights of shareholders and owners cannot be nullified. (PTI/File)
Posted in Business

‘Shareholder rights can’t be nullified’: Abhishek Singhvi sheds light on Tata Trusts vs Tata Sons | Exclusive

Abhishek Singhvi, five term member of parliament and senior lead counsel for Tata Trusts, told Saubhadra Chatterji that the fundamental issue in the Tata Trusts…

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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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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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Mistry urged Tata Trusts to not let the listing become a point of division. (Reuters)
Posted in Business

Shapoorji Mistry urges Tata Trustees to support listing

Shapoorji Mistry, the chairperson of the Shapoorji Pallonji Group, urged all Tata Trustees to back the listing of Tata Sons Pvt. Ltd., saying that could…

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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)
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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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N Chandrasekaran will step down as Tata Sons chairman when his current term ends on February 20, 2027. (REUTERS)
Posted in Business

N Chandrasekaran’s decision to step down creates immediate succession challenge for Tata Sons

After a 40-year association with the Tata Group, Natarajan Chandrasekaran on Wednesday said he had decided to step down as chairman of Tata Sons when…

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

Noel Tata seeks truncated term for Tata Sons Chairman Natarajan Chandrasekaran as part of succession revamp| Business News

Tata Trusts Chairman Noel Tata is advocating for a two-year extension for Tata Sons Pvt. Ltd. Chairman Natarajan Chandrasekaran rather than the five-year mandate, as…

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