Articles about Tata Sons

Decades after exit, Tata Group expresses interest in Air India

14 Dec 2020

Decades after exit, Tata Group expresses interest in Air India

One of India's largest conglomerates, the Tata Group, has submitted an expression of interest for acquiring the beleaguered national carrier Air India.

NewsBytes Briefing: Microsoft 365 suffered an outage, and more

29 Sep 2020

NewsBytes Briefing: Microsoft 365 suffered an outage, and more

Last night, Microsoft 365 suffered a major outage due to an internal change and left essential web services down for hours, including Microsoft Office 365, Teams, and Outlook.

Dream11 wins IPL 2020 title sponsorship for Rs. 222 crore

18 Aug 2020

Dream11 wins IPL 2020 title sponsorship for Rs. 222 crore

The fantasy gaming platform Dream11 has bagged the title sponsorship rights of IPL 2020 for Rs. 222 crore.

Coronavirus outbreak: Sundar Pichai donates Rs. 5 crore to GiveIndia

13 Apr 2020

Coronavirus outbreak: Sundar Pichai donates Rs. 5 crore to GiveIndia

Sundar Pichai, the CEO of Alphabet and Google, has donated Rs. 5 crore to support COVID-19 relief efforts in India.

'Namaste' replaces 'Kem Cho': Centre renames Donald Trump's Gujarat event

16 Feb 2020

'Namaste' replaces 'Kem Cho': Centre renames Donald Trump's Gujarat event

The Union government has decided to rename the event in Gujarat where US President Donald Trump will be the chief guest later this month.

I'm number 1 on Facebook, Modi is number 2: Trump

15 Feb 2020

I'm number 1 on Facebook, Modi is number 2: Trump

Before his maiden visit to India as the United States President, Donald Trump has sort of compared his Facebook popularity with the Indian Prime Minister Narendra Modi.

SC stays NCLAT order reinstating Cyrus Mistry as Tata Chairperson

10 Jan 2020

SC stays NCLAT order reinstating Cyrus Mistry as Tata Chairperson

Weeks after the National Company Law Appellate Tribunal (NCLAT) reinstated Cyrus Mistry as the Executive Chairperson of Tata Group, the Supreme Court stayed the tribunal's order citing "basic errors" in it.

Tata Sons moves SC over Cyrus Mistry's reinstatement

02 Jan 2020

Tata Sons moves SC over Cyrus Mistry's reinstatement

Tata Sons Ltd on Thursday moved the Supreme Court against the reinstatement of Cyrus Mistry as Executive Chairman of the company.

'Victory of principles': Mistry after being restored as Tata chairman

18 Dec 2019

'Victory of principles': Mistry after being restored as Tata chairman

In a surprise move, the National Company Law Appellate Tribunal (NCLAT) on Wednesday restored Cyrus Mistry as the executive chairman of the Tata Group.

World's richest lose $117bn in one day; Ambani $2.45bn poorer

07 Aug 2019

World's richest lose $117bn in one day; Ambani $2.45bn poorer

The richest 500 people in the world lost $117 billion (Rs. 8,28,418 crore) in a single day market crash on Monday.

#MeToo: Former Taj Hotels' employee names then CEO as harasser

01 Nov 2018

#MeToo: Former Taj Hotels' employee names then CEO as harasser

In November 2015, a Taj Hotels employee resigned and in letter alleged the then CEO and MD, Rakesh Sarna sexually harassed her.

#MeTooEffect: Tata Sons decide against renewing Suhel Seth's contract

29 Oct 2018

#MeTooEffect: Tata Sons decide against renewing Suhel Seth's contract

Tata Sons, the holding company of Tata Group, would not renew the contract of Suhel Seth, a spokesperson said on Monday.

Tata vs Cyrus Mistry: NCLT rules in Tata Sons' favor

09 Jul 2018

Tata vs Cyrus Mistry: NCLT rules in Tata Sons' favor

In what seems to be a decisive verdict in the Tata Sons-Cyrus Mistry case, the Mumbai bench of the National Company Law Tribunal (NCLT) has ruled in favor of Tata Sons, dismissing Mistry's pleas challenging his removal as the chairman of the group.

Just 1 unit produced in June: End of Tata Nano?

05 Jul 2018

Just 1 unit produced in June: End of Tata Nano?

There's been a lot of speculation about the fate of Tata Nano over the last year.

India working on unmanned-tanks, vessels, robotic weaponry for future wars

20 May 2018

India working on unmanned-tanks, vessels, robotic weaponry for future wars

In an ambitious defense project, the Indian government has started work on incorporating artificial intelligence (AI) to enhance the operational preparedness of all the three armed forces.

Sensex cautious on weak global cues; TCS cracks 5%

13 Mar 2018

Sensex cautious on weak global cues; TCS cracks 5%

Despite positive macroeconomic data and the appreciating rupee, the BSE Sensex turned choppy on tepid cues from overseas market.

Tata pays $1.2bn penalty to Japan's NTT-DoCoMo, ending 3-year dispute

01 Nov 2017

Tata pays $1.2bn penalty to Japan's NTT-DoCoMo, ending 3-year dispute

Settling its three-year-long dispute with NTT DoCoMo, Tata Sons has paid $1.2bn (144.9bn Yen) to the Japanese telco to put an end to the bitter feud over their Indian telecom joint venture, Tata DoCoMo.

How Cyrus Mistry was fired as Tata Chairman?

22 Oct 2017

How Cyrus Mistry was fired as Tata Chairman?

On October 24, 2016, former Tata Sons chairman Cyrus Mistry was suddenly removed from his position. It was the first time Tata Sons had publicly removed a chairman.

Tata Teleservices to merge with Airtel on 'cash-free, debt-free' basis

12 Oct 2017

Tata Teleservices to merge with Airtel on 'cash-free, debt-free' basis

India's largest telco Bharti Airtel will be absorbing Tata Teleservices, Tata Group's struggling telecom business.

Investors' nod to Tata Sons to become private limited company

21 Sep 2017

Investors' nod to Tata Sons to become private limited company

Tata Sons shareholders have approved its conversion into a private limited company. It came after NCLAT allowed Cyrus Mistry's family firms to file a case against Tata Sons.

Tata Sons buys Tata Motors' shares, eyes online grocery retail

20 Sep 2017

Tata Sons buys Tata Motors' shares, eyes online grocery retail

Tata Sons purchased 1.7% shares of Tata Motors worth Rs. 2,000 crore at a premium of 4% over Monday's closing price.

Tata Sons to scrap all deals with Cyrus Mistry's group

17 Aug 2017

Tata Sons to scrap all deals with Cyrus Mistry's group

Under chairman N Chandrasekaran's directions, the board of Tata Sons has ordered its group companies to scrap all business dealings with Cyrus and Shapoor Mistry's Shapoorji Pallonji Group.

Axis Bank reappoints CEO Shikha Sharma for 3 years

27 Jul 2017

Axis Bank reappoints CEO Shikha Sharma for 3 years

The Axis Bank board has reappointed Shikha Sharma as the bank's CEO and Managing Director, finally putting an end to speculations of her exit.

Court initiates Rs 500 crore criminal defamation proceedings against Mistry

04 Jul 2017

Court initiates Rs 500 crore criminal defamation proceedings against Mistry

A Mumbai metropolitan court has initiated criminal defamation proceedings against ex-Tata Group chairman Cyrus Mistry, his brother Shapur Mistry and their firms.

Is Tata going to take over Air India?

22 Jun 2017

Is Tata going to take over Air India?

The Centre is reportedly inquiring whether the Tata Group is interested in buying state-owned Air India of which the latter is the original promoter.

Tribunal says Mistry makes no case against Tatas

24 Apr 2017

Tribunal says Mistry makes no case against Tatas

The National Company Law Tribunal stated that petitions filed by shareholders linked to Cyrus Mistry, have made no case against the Tata group.

NCLT quashes Mistry's waiver petition

17 Apr 2017

NCLT quashes Mistry's waiver petition

Cyrus Mistry's petition that alleged mismanagement and oppression of minority shareholder interests suffered badly as the National Company Law Tribunal declined to grant "waiver to Cyrus Mistry's family firms on the minimum shareholding requirement to petition" against Tata Sons.

Tatas can force Mistry family to sell stake

28 Feb 2017

Tatas can force Mistry family to sell stake

By passing a special resolution, Tata Sons Ltd may ask the Mistry family firms to exit the shareholders' group after 50 years of association.

Chandrasekaran announces strategic priorities for Tata Sons

22 Feb 2017

Chandrasekaran announces strategic priorities for Tata Sons

On his first day in office, Tata Sons Ltd's new chairman Natarajan Chandrasekaran outlined three strategic priorities for the group: bring the group closer and leverage collective strength; reinforce a leader's mindset in operating companies for greater rigour to capital allocation and deliver superior returns to shareholders.

N Chandrasekaran new Tata Sons chief from Feb 21

21 Feb 2017

N Chandrasekaran new Tata Sons chief from Feb 21

N. Chandrasekaran will assume charge as Tata Sons chairman on February 21. A day earlier, he was named TCS chairman, after serving as its CEO since 2009.

TCS to buy back 5.6 crore shares, at Rs2850 each

20 Feb 2017

TCS to buy back 5.6 crore shares, at Rs2850 each

Returning surplus shares to shareholders in the biggest shares buyback, the Tata Consultancy Services today announced that it will repurchase about 2.85% of its share capital for Rs. 16,000 crore.

Cabinet clears controversial Mekedatu project for parched Bengaluru

16 Feb 2017

Cabinet clears controversial Mekedatu project for parched Bengaluru

The controversial Mekedatu project on the Cauvery, for a reservoir with 66.50 tmcft capacity, was cleared by the cabinet. It will be presented to the Central Water Commission and Cauvery Supervisory Committee for approval.

Chandrasekaran elected Chairman of Tata Steel

08 Feb 2017

Chandrasekaran elected Chairman of Tata Steel

Tata Sons Chairman N Chandrasekaran has been elected as the chairman of the board of Tata Steel. Chandrasekaran said "I feel greatly honoured to be chosen as the Chairman and I accept this responsibility with a deep sense of humility."

Tata Sons' shareholders vote out Cyrus Mistry from board

06 Feb 2017

Tata Sons' shareholders vote out Cyrus Mistry from board

On Monday, the shareholders of Tata Sons Ltd., controlled by Tata Trusts and Tata Companies, together voted to oust Cyrus Mistry as a director in an extraordinary general meeting (EGM).

Tata steel looks to raise plant capacity

31 Jan 2017

Tata steel looks to raise plant capacity

Tata Steel MD T.V. Narendran said the company is looking to ramp up the contribution of direct sales to consumers from 20% of revenue to 30%.

Tata's new Chairman Chandrasekaran's litmus test

21 Jan 2017

Tata's new Chairman Chandrasekaran's litmus test

Chandrasekaran's appointment as group chairman is being keenly watched by industry leaders.

National Company Law Tribunal rejects Mistry's plea

19 Jan 2017

National Company Law Tribunal rejects Mistry's plea

The National Company Law Tribunal has dismissed pleas by 2 companies owned by the Mistry family which alleged violations of NCLT directives in removing Mistry from Tata Sons' board.

A look back at the career of Natarajan Chandrasekaran

12 Jan 2017

A look back at the career of Natarajan Chandrasekaran

Following the ouster of Cyrus Mistry as the chairman of Tata Sons on 24th October 2016, Natarajan Chandrasekaran was appointed as the chairman of the $103 billion Tata group today, bringing an end to an 80 day-long saga.

Natarajan Chandrasekaran appointed as new Tata Sons chairman

12 Jan 2017

Natarajan Chandrasekaran appointed as new Tata Sons chairman

N.Chandrasekaran, the CEO and managing director of TCS has been appointed the new chairman of Tata Sons. He took over as TCS CEO in 2009.

The Top 10 business scandals of 2016

31 Dec 2016

The Top 10 business scandals of 2016

Businesses across the world have faced their share of scandals this year, ranging from sexual harassment, to fraud, to providing politically biased news.