THE TRUTH ABOUT: 2 | History Defined

TCS, Tata Chemicals, other Tata stocks tumble up to 8% as Tata Trusts calls Chandrasekaran’s tenure extension illegal

Tata stocks took a notable hit following the declaration by Tata Trusts that Chandrasekaran's reappointment was illegal. The Reserve Bank of India also denied Tata Sons' plea to maintain private status. With Tata Trusts holding a majority of shares and opposing the IPO, Noel Tata has proposed looking into structural…

The Economic Times · Sep 18

Tata Trusts puts Rs 25,000 cr SP Group liquidity plan before Tata Sons board

Tata Trusts Chairman Noel Tata presented a proposal to monetize Shapoorji Pallonji Group's Tata Sons stake. This plan aims to generate significant funds without forcing a public listing of the holding company. The transaction would involve selling shares over eighteen months, subject to regulatory approvals. This initiative seeks a fair…

The Economic Times · Sep 17

Tata Trusts says it has not agreed to the listing of Tata Sons, calls for all options to be explored

Tata Trusts have not agreed to the listing of Tata Sons. The Tata Sons board will explore all available options immediately. Noel Tata believes listing would destroy the company's character. The board previously concluded in March 2024 that the company should remain unlisted. A separate board meeting will determine the…

The Economic Times · Sep 17

TCS, Tata Chemicals, other group stocks zoom up to 14% on Tata Sons IPO nod, N Chandra’s term extension

Tata Sons has granted Chairman N Chandrasekaran a five-year extension, setting the stage for the long-awaited initial public offering of the group. This announcement spurred a surge in several Tata group stocks, particularly Tata Chemicals and Tata Investment Corporation, which experienced significant price increases. This development follows the Reserve Bank…

The Economic Times · Sep 17

Tata Sons should commit to long-delayed IPO after RBI setback, proxy adviser says

InGovern Research Services advises Tata Sons to prepare for a stock market listing. The Reserve Bank of India rejected the company's bid to exit regulatory oversight. A public offering would benefit numerous indirect shareholders across group companies. Tata Sons faces a mandatory listing requirement by September 2025. The board will…

The Economic Times · Sep 16

Chandrasekaran's succession, RBI ruling on IPO listing to likely dominate Tata Sons’ Sept 17 meeting

Tata Sons' board will meet soon to address key issues. The RBI rejected the company's application to surrender its NBFC registration. Chairman N Chandrasekaran will not seek a third term in February. A governance impasse at a principal Tata Trust complicates succession planning. The potential listing of Tata Sons remains…

The Economic Times · Sep 15

Tata Sons succession race narrows to T V Narendran, Saurabh Agrawal; NSE's Ashish Chauhan emerges as dark horse

Tata Sons has narrowed its search for N Chandrasekaran’s successor to three names: Tata Steel CEO T V Narendran, Tata Sons Group CFO Saurabh Agrawal, and NSE CEO Ashish Chauhan.

The Economic Times · Sep 5

Tata Sons readies fresh ₹10,000 crore bet on Air India as losses mount, but T&C apply

Tata Sons' board approved over Rs 10,000 crore for Air India's capital infusion. This significant funding is contingent upon business cases from Air India and other group companies. The airline reported substantial losses, necessitating this financial support for its transformation. Singapore Airlines also faces a decision regarding its participation in…

The Economic Times · Sep 3

India must strengthen dementia ecosystem as population ages: Tata Trusts

India faces a growing dementia population, requiring a collaborative care ecosystem. Experts emphasise building shared understanding and support for individuals and caregivers. Early detection is crucial, but it needs to be part of a larger system. The nation needs more dementia care centers and community involvement. Addressing modifiable risk factors…

The Economic Times · Sep 2

Noel Tata, Darius Khambata, Deepak Parekh meet to discuss Tata Sons succession after N Chandrasekaran's exit

N Chandrasekaran will remain chairman of Tata Sons till February 20, 2027. The Tata Sons AGM adjournment delayed a significant dividend payment, which will impact the Sir Ratan Tata Trust and Sir Dorabji Tata Trust. Questions are now being raised about protecting the Trusts' financial interests.

The Economic Times · Aug 20