Tag: tata sons
Tata Sons Chairman N Chandrasekaran resigns ahead of AGM, firm’s stocks tumble
N Chandrasekaran stepped down on Wednesday as chairman of Tata Sons ahead of the company’s annual general meeting, which is scheduled for August 18. Tata…
Tata Sons chairman N Chandrasekaran’s FY26 pay rises to ₹158.7 crore, reveals company’s annual report
Tata Sons executive chairman N Chandrasekaran received total remuneration of ₹158.66 crore in the year ended March 31, 2026, up from ₹155.81 crore a year…
RBI draft for upper layer non-banks affects CICs disproportionately, raises compliances costs
Mumbai: The Reserve Bank’s recently released draft on upper layer non-bank finance companies (NBFCs) impacts core investment companies “disproportionately” by upping compliance costs, a report…
RBI proposes upper layer NBFCs to be defined by absolute asset size of ₹1 lakh crore+
Mumbai: The central bank late on Friday proposed replacing its existing methodology for identifying upper-layer non-banking financial companies (NBFC-UL) with an absolute asset size threshold…
RBI proposes to include PSUs in upper-layer NBFCs
Mumbai: The Reserve Bank on Friday proposed changes in the criteria for identifying upper layer non-banking finance companies (NBFCs), pitching for an asset-size-based approach as…
India’s privatisation drive derails because of weak investor interest
New Delhi: India is considering shelving three planned privatisation sales amid weak investor appetite, two government sources said, a slump that has already derailed its…
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…
Tata Sons defers vote on Chairman Chandra’s new term in sign of power tussle| Business News
The board of Tata Sons Pvt. Ltd. deferred a decision on granting a third term to Chairman Natarajan Chandrasekaran, people familiar said, in the latest…
Air India braces for record $1.6-billion loss after Ahmedabad plane crash| Business News
Air India Ltd. is set to report a record annual loss after last year’s deadly crash and airspace shutdowns wiped out progress toward a turnaround,…
Air India said to be scouting for new CEO to replace Campbell Wilson| Business News
The board of Air India Ltd. is scouting for a new chief executive officer to replace Campbell Wilson, two people with direct knowledge of the…