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The Latest Breaking News from Tata Trusts

Air India chairman N. Chandrasekaran to oversee firm with interim panel; CEO search continues, source says

Air India Chairman N. Chandrasekaran is forming an interim committee to oversee the airline. This committee will manage operations while a successor for CEO Campbell Wilson is sought. Pradeep Singh Kharola, a former civil aviation official, will also join the panel. Wilson's notice period concludes on September 30, marking his…

The Economic Times

Noel Tata announces exit as Voltas chairman at company's AGM

Veteran Tata Group leader Noel Tata is stepping down as Chairman of Voltas, marking his final AGM in the role. He expressed confidence in the company's next-generation leadership, developed through internal promotions and external hires. Tata, who also recently announced his departure from Trent's chairmanship, cited the company's strong performance,…

The Economic Times

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…

The Economic Times

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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…

The Economic Times

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.

The Economic Times

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…

The Economic Times

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.

The Economic Times

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Tata Sons IPO: Why former Tata veteran Soonawala is warning against listing the conglomerate

A former Tata Sons executive opposes a public listing. He believes an IPO could change the group's structure and social mission. Listing might create pressure for quick profits, impacting long-term investments. Tata Sons faces regulatory pressure to list due to its asset size. The group's unique ownership, with Tata Trusts…

The Economic Times

Tata Trusts says no hearing was granted before Charity Commissioner ordered board meeting deferral: Report

Tata Trusts faces a directive from the Maharashtra Charity Commissioner to postpone its board meeting. This action was taken without prior notice or a hearing for the Sir Ratan Tata Trust. The directive stems from complaints questioning the composition of the Trust's Board of Trustees. Tata Trusts maintains that amended…

The Economic Times

Why Tata Sons is facing pressure to go public | An explainer

Tata Sons is under pressure to list on the stock market. This comes from its shareholders and potential Reserve Bank of India rules. A board meeting of key trusts will discuss the implications. The company's future listing status remains a significant point of interest for investors and the public.

The Economic Times

Noel Tata’s IPO pushback said to trigger internal differences at Tata Group

A rift is emerging within the Tata conglomerate. Noel Tata opposes listing the parent firm, Tata Sons, despite upcoming Reserve Bank of India regulations. Two trustees will propose a public listing at an upcoming board meeting. This move aims to bring transparency and rigor. The Shapoorji Pallonji Group, a minority…

The Economic Times

India’s Ratan Tata, the man who knew how to ‘think big and bold’

Tata, who passed away on Wednesday, was known for his humility and his expansive vision.

Al Jazeera

‘Gaanth Pe Dhyaan’ in Tirupati raises awareness around breast cancer

Tata Trusts launches 'Gaanth Pe Dhyaan' initiative in Tirupati to create awareness on early detection of breast cancer.

The Hindu

Tata Group veteran RK Krishnakumar, 84, passes away in Mumbai

MUMBAI: Tata Trusts’ trustee and Ratan Tata’s confidant, R K Krishna Kumar, passed away on Sunday evening following a cardiac arrest at his home in Mumbai. He was 84.

The Times of India

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The Times of India

Two flagship Tata Trusts may end up with separate heads

MUMBAI: Tata Trusts may consider having separate chairpersons for its two flagship foundations, Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT), which together own a majority stake in the holding company that controls the $103-billion aviation-to-automobile conglomerate.

The Times of India

Cancer hospital at NISER campus to have 150-200 beds in first phase

BHUBANESWAR: The Centre has recently announced to have a state-of-the-art cancer hospital in the campus of National Institute of Science Education and Research (NISER) Bhubaneswar. Official sources said it will have beds between 150 and 200 in the first phase.

The Hindu

Kidney disease: NGOs to study lifestyle of locals in three affected mandals in Andhra Pradesh

Tata Trusts and Vasavya Mahila Mandali to conduct joint research

The Times of India

Uttar Pradesh: Cloth pad units come as saviours for rural women in Shravasti

LUCKNOW: A home-maker in Gilaula village of Shravasti, 30-year-old Khushboo had chafed thighs from using low-quality sanitary pads available near her house. During the lockdown, even that was not available and she had to use outdated, unhygienic methods during menstruation.

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