TATA SONS
Tata Trusts to hike philanthropic spending to Rs 2,000 cr this fiscal, CEO hits back at 'chaos' narrative
Tata Trusts will boost its charitable spending to Rs 2,000 crore this fiscal year. CEO Siddharth Sharma highlighted the trusts' commitment to societal upliftment. This increased funding will support initiatives like cancer care and the establishment of a new university and hospital. Sharma emphasized the trusts' ongoing dedication to their philanthropic goals, aiming to serve those in need across India.
Tata Play loss widens to Rs 551 crore in FY26 as customers migrate to streaming, DD Free Dish
Tata Play faced a wider net loss and lower revenue in the 2025-26 financial year. Customers are moving away from DTH services to free platforms and streaming services. This trend has impacted Tata Play's subscriber base and market share. A dispute with Sony Pictures Networks India also contributed to the company's challenges. Average revenue per user saw a slight increase.
Tata Trusts vice chairman seeks inquiry into 1989 share transfer of Tata Sons
A controversy surrounds a 1989 Tata Sons share transfer. Tata Trusts vice chairman Vijay Singh has requested an independent inquiry. This follows allegations that public charitable assets were illegally diverted. The inquiry aims to restore public confidence in the Tata Trusts. Concerns have also been raised about a potential conflict of interest involving the current chairman.
Tata Sons board meets to approve FY26 accounts
The Board of Tata Sons convened to approve annual accounts and dividend for FY26. Key figures including Group Chairman N Chandrasekaran and Tata Trust Chairman Noel Tata attended the meeting at Bombay House. Discussions did not include Chandrasekaran's tenure extension or the potential listing of the holding company.
Air India crash report: AAIB says AI-171 crash probe in final analysis stage, urges restraint on speculation
One year after the Air India flight AI171 crash, the AAIB released a second interim report. The investigation into the Boeing 787-8's fatal June 12, 2025, accident, which killed 260, is ongoing. Disputes over compensation and legal challenges continue, while technical analysis of the aircraft's engines remains a key factor in the delayed final report.
Air India plans to downsize with owner Tata balking at losses
Air India is reportedly deferring aircraft deliveries, cutting flights, and postponing expansion plans following instructions from owner Tata Group to focus on reducing significant losses. This strategic shift aims to stabilize operations and implement cost-cutting measures, impacting a previously ambitious growth agenda.
- Go To Page 1
A year after Air India tragedy, Tata's Rs 1 crore relief reaches most, but some families still decline belongings
Air India has disbursed ex-gratia payments to most families of the Air India plane crash victims. Personal belongings are being returned with respect. Digital devices have also been returned. The airline is also compensating those injured on the ground. A trust was set up to support victims and their families.
Tata Motors to increase prices of its cars & SUVs from July 1
Tata Motors Passenger Vehicles will raise prices of its entire passenger vehicle range, including ICE and electric models, by up to 1.5% from July 1, 2026. The company said the increase is aimed at partially offsetting rising input costs and persistent inflationary pressures.
Air India, Tata Sons disburse nearly Rs 300 crore to AI171 victims' families
Air India also said 94% of those injured on the ground have received either interim or final compensation, while discussions on final settlements are underway.
Air India says 96% of Ahmedabad crash victims' families have received interim compensation
Air India is nearing completion of compensation for AI171 crash victims. Most families have received interim aid, with final payouts underway. Personal belongings are being returned, and support services continue. Injured individuals on the ground have also received assistance. The Tata Group's welfare trust is providing additional aid. This marks progress ahead of the crash anniversary.
Stocks in news: Lenskart, PFC, RIL, Hindustan Zinc, Tata Consumer
Indian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus. ADIA plans to sell Lenskart shares. Tata Consumer targets over 20% EBITDA margin. Reliance Industries subsidiary will redevelop a Mumbai slum. REC Ltd will merge with Power Finance Corporation. ZEEL plans to raise funds.
Tata Consumer sees margin boost, targets 20%+ EBITDA: Chairman Chandrasekaran
Tata Consumer Products aims for over 20% EBITDA margin in the long run. Newer businesses like Tata Sampann and acquired entities are key growth drivers. The company plans significant annual growth from acquisitions. Innovation and digital capabilities are also central to future expansion. Revenue and profit saw substantial increases in the last fiscal year.
Tata Consumer Products to add 50-100 Starbucks outlets annually; sees potential for 8,000 units
Tata Starbucks aims for massive expansion in India, with plans to reach 8,000 stores. The coffee chain is now profitable at the operating level. This growth is driven by increasing cafe culture and a growing young population. The company is adding 50 to 100 new outlets annually, strengthening its presence across cities.
Vijay Rupani's daughter urges Air India to drop compensation waiver requirement
Air India is offering compensation to families of victims from last year's Ahmedabad plane crash. However, families must waive their right to sue the airline and its manufacturer to receive the settlement. Radhika Mishra, daughter of a victim, urged Air India to halt these demands until the investigation concludes.
Vijay Rupani's daughter accuses Air India of pressuring crash victims' families to waive legal rights
Air India, on its part, said families are under no deadline to accept its final compensation offer and are free to wait for the AAIB report. It said the settlement document follows standard industry practice and is intended to ensure legal finality of compensation settlements, not shield third parties from liability.
A Tata Trust board meets amid shadows over old share deal
Sir Dorabji Tata Trust trustees met Monday for routine matters. A petition questioning a 1989 Tata Sons share transfer to Noel Tata's father was not discussed. Tata Trusts denied allegations of impropriety, calling them baseless. The trusts are facing scrutiny over past transactions. This follows a previous order restraining the Sir Ratan Tata Trust from meetings.
RBI to soon release revised list of upper-layer NBFCs: Governor
The Reserve Bank of India will soon release an updated list of upper-layer non-banking financial companies. This comes as Tata Sons has requested to be removed from this category. The central bank is examining this request. The new list will be finalised shortly. This update is crucial for financial sector regulations.
Tata Trusts row: Fresh complaint filed with Charity Commissioner over share transfer
A fresh complaint has been filed with the Maharashtra Charity Commissioner ahead of the June 8 meeting of trustees of Sir Dorabji Tata Trust, alleging irregularities in the transfer of 833 shares of Tata Sons from the Navajbai Ratan Tata Trust to late Naval H. Tata in January 1989.
Tata Motors' expansion to go on, Iveco acquisition to help it rank among top 4 global CV makers: N Chandrasekaran
Tata Motors is gearing up for an ambitious global journey, aiming to redefine its role in emerging commercial vehicle markets, chairman Chandrasekaran said. With the strategic acquisition of Iveco, the company is setting its sights on breaking into the elite tier of the world’s four largest commercial vehicle manufacturers, he added.
Bigbasket elevates Seshu Tirumala as COO as it sharpens quick commerce push
Tirumala joined BigBasket in 2014 and was most recently its chief buying and merchandising officer. He has also overseen sourcing, category management and private labels. BigBasket said its private-label business now contributes nearly 40% of total sales.
Tata Advanced Systems adds military upgrades to Jaguar Land Rover vehicles: N Chandrasekaran
In the realm of automotive innovation, Tata Advanced Systems is enhancing the Jaguar Land Rover lineup with futuristic features. On a parallel track, the company is establishing a contemporary defence MRO facility in the vicinity of Bengaluru that will cater to the heavy maintenance needs of transport aircraft. TASL is also highlighting its self-developed loitering munitions and protective armoured solutions.
Tata chairman reviews defence manufacturing push at Bengaluru facilities
Tata Sons Chairman N Chandrasekaran reviewed drone, loitering munitions, and aerospace manufacturing programs at Tata Advanced Systems (TASL) facilities in Bengaluru. He inspected UAV production, optronics, land mobility platforms, and helicopter and aircraft assembly lines. The visit highlights Tata Group's increasing investment in defence and aerospace.
Tata Sons IPO: Tata Chemicals, Tata Investment Corp shares tumble 3%. Here's why
Shares of Tata Chemicals and Tata Investment Corporation fell around 3% after reports claimed Tata Trusts Chairman Noel Tata had written to the RBI opposing a potential Tata Sons listing. According to the report, Tata Trusts fears a public listing could shift Tata Sons’ focus towards short-term market pressures and away from its long-term strategic and philanthropic objectives, amid growing internal debate over the holding company’s future.
Noel Tata flags unresolved issues; Tata Sons chairman reappointment on hold
That could lead to a deadlock between Chandra and Tata, they said. Tata sought greater clarity from Chandrasekaran on the group’s five-year strategic roadmap, the framework for providing an exit option to Shapoorji Pallonji Group that doesn’t involve Tata Sons going public as well as his formal position on the long-debated matter of the listing.
Tata board talks: Chairman Chandra gives the floor to Tata chiefs; calm prevails
Tata Sons board meeting saw constructive discussions. Chairman N Chandrasekaran presented business reviews. Noel Tata focused on Air India and BigBasket. Tata Electronics impressed the board with its growth. The meeting reflected a calmer atmosphere. CEOs presented performance and future strategies. This review addresses concerns over capital discipline and business outcomes.
New-age biz CEOs make presentations at Tata Sons board meet
Tata Sons board convened in Mumbai to assess new ventures. Leaders from Air India, Tata Digital, and Tata Electronics presented their progress. Discussions also touched upon the reappointment of Chairman N Chandrasekaran. The group faces significant losses in its unlisted businesses. A future meeting is scheduled for June 12.
Tata Sons board meet concludes in Mumbai
Tata Sons gathered its board in Mumbai for critical deliberations, although Chairman N Chandrasekaran chose not to address the press. Key discussions revolved around the performance issues faced by group companies, compounded by concerns about leadership transitions. The company is grappling with significant losses in its newer projects, alongside challenges with Air India.
Tata Sons’ board huddle today: What Bombay House has been battling in post-Ratan Tata era
Tata Group faces internal churn as tensions rise within Tata Trusts following Ratan Tata's death. Disputes over board representation, governance, and the future of Tata Sons' unlisted status have led to postponed discussions and trustee infighting, impacting group leadership decisions.
Tata Sons chairman N Chandrasekaran kicks off crucial board meeting
Tata Sons Chairman N. Chandrasekaran is leading a crucial board meeting today. He is presenting detailed plans for new businesses like electronics and aviation. This meeting aims to address concerns raised by Tata Trusts Chairman Noel Tata. CEOs of these businesses are presenting their strategies. The focus is on capital allocation and business outcomes for emerging ventures.
Load More
