Tag: tata sons

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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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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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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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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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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Noel’s statement challenges Tata Sons’ claim that its board had decided to “start steps to follow the applicable RBI guidelines.” (REUTERS)
Posted in Business

Noel Tata vows to veto IPO listing, seeks 3-yr window from RBI: ‘If I’m forced to vote…’

Tata Trusts chairman Noel Tata told the Tata Sons board on Thursday that he would block any decision to list the country’s largest company by…

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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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