Tag: tata
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India’s Tata Communications to spend $450 million on AI connectivity infrastructure
Oct 26 : Tata Communications, which offers data connections and cybersecurity to enterprises, announced investments of close to $450 million on Monday to build high-speed network cables connecting India’s AI data-centre corridors.Here are some more details:• The company will build around 10,000 ki
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Tata boardroom feud is testing a trusted business empire
The dispute raises questions about the Indian conglomerate’s governance, succession plans and future.
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Exclusive-Cost pressures and deadlock force Honda to rework India strategy, sources say
MUMBAI/TOKYO, Oct 5 : Honda Motor aims to cut costs by as much as a fifth and halve development times under its new partnership in India with Tata Technologies, according to two people familiar with the matter, as pressure from rivals forces the Japanese automaker to rethink its go-it-alone approach.Reeling
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Tata shares slip as trusts’ proposal clouds Tata Sons listing prospects
Sept 29 : Tata group shares fell on Tuesday after the controlling charities proposed a restructuring of the holding company to prevent a central-bank-mandated listing, disappointing some investors.A group of Tata charities collectively known as Tata Trusts on Monday proposed merging two group entities with Ta
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Tata stocks slip after Trusts propose move to prevent holding company listing
Sept 29 : Shares of Tata group companies fell on Tuesday after Tata Trusts proposed a restructuring of the holding company in a bid to sidestep a central bank requirement for the conglomerate to list its shares. Tata Motors Passenger Vehicles dropped 2.8 per cent and Tata Investment lost 2.4 per cent by 9:
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Tata Sons: India’s corporate crown braces for upheaval amid boardroom revolt
The Tata boardroom battle has intensified over a re-appointment of its chairman and a diktat to go public.
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Tata Sons extends N Chandrasekaran’s term as chairman but a battle looms
Tata Trusts, the majority shareholder of Tata Sons, has called the reappointment “illegal”, indicating uncertainty ahead.
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The formidable challenges facing the next Tata Sons top boss
Corporate India’s most coveted top job is open. But finding a new leader for Tata Sons is no easy task.
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India’s Tata Steel offload top-flight club Jamshedpur for $1
Aug 14 : Tata Steel sold all its stake in Indian Super League side Jamshedpur FC to Goa-based club Churchill Brothers for a token amount of 100 Indian rupees ($1.05) on Friday, two weeks after the conglomerate announced it was pulling out of the ISL.Twice national league champions Churchill Brothers will take
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Tata Group Chairman N Chandrasekaran to step down in February
Chandrasekaran said he would not seek reappointment when his term ends due to a lack of support from the Tata Sons board.
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