Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
Tata Trusts is said to have appointed Chairman Noel Tata’s son Neville Tata and Tata Group veteran Bhaskar Bhat to the board of Sir Dorabji Tata Trust, in what is seen a “consolidation of control” by Noel Tata. Tata Trusts Chairman Noel Tata. (PTI) The appointments, first reported by The Economic Times on Tuesday, come […]
Tata Motors Commercial Vehicles will list as Tata Motors Ltd. on India’s stock exchanges on 12 November, in completion of a demerger that split the PV and CV units of India’s largest automaker. A Tata Motors logo is pictured outside the company showroom in Mumbai, India. (Reuters) “We wish to inform that TMCV has intimated […]
Mehli Mistry has decided to move on Tata Trusts, according to his letter to other trustees, effectively bringing an end to a tussle that threatened to destabilise the decision-making body of the largest conglomerate in India. Tata Trusts holds a two-thirds stake in Tata Sons Pvt. Ltd. (Reuters) In the letter, which was addressed to […]
Praveer Sinha, CEO and Managing Director of Tata Power, along with his wife Ritu Ahuja Sinha, has purchased a luxury apartment in Mumbai’s Raheja Modern Vivarea project at Mahalaxmi for ₹17.50 crore, documents accessed by Liases Foras, a non-broking real estate research and data analytics firm showed. Praveer Sinha, CEO and Managing Director of Tata […]
In 2011, Ratan Tata handpicked Cyrus Mistry as his successor at group holding company Tata Sons Pvt. Ltd. Five years later, in October, Tata was instrumental in ousting Mistry. Tata Trusts Chairman Noel Tata. (PTI) Cut to this October, there is another Mistry at the receiving end of a fresh, equally bitter, boardroom battle. Mehli […]
Larsen & Toubro Ltd. (L&T) is weighing the Tata playbook to explore an entry into electronics manufacturing in India, as the country’s largest engineering firm eyes diversification — from mega projects to small components. Larsen & Toubro Chairman S.N. Subrahmanyan. L&T is likely to focus on making components for devices and not the device itself—at […]
Experion Developers Pvt Ltd (EDPL), an international real estate developer, has partnered with TATA Projects Ltd (TPL), appointing it as the principal contractor for its upcoming residential project The Trillion in Gurugram. Valued at over ₹800 crore, the agreement marks one of the largest housing construction contracts in the region. In a statement, Experion Developers […]
Tata Trusts Chairman Noel Tata, along with Vice Chairmen Venu Srinivasan and Vijay Singh, blocked the reappointment of Mehli Mistry as a permament trustee, Livemint reported on Tuesday, widening the rift in the organisation that controls two-thirds of Tata Sons Pvt. Ltd.—the holding company of India’s largest conglomerate. Tata Trusts Chairman Noel Tata. (PTI) Mistry […]
The UK government’s £1.5-billion loan guarantee to help Jaguar Land Rover after a major cyberattack falls outside the “normal underwriting criteria”, the Financial Times reported on Monday. The JLR cyberattack cost the British economy an estimated £1.9 billion and affected more than 5,000 suppliers. (Bloomberg) In a 25 September letter seen by FT, UK Export […]
Tata Trusts has unanimously reappointed Venu Srinavasan as a “trustee for life”. The focus now shifts to the reappointment of Mehli Mistry, amid reports of internal strife within the organisation. Tata Trusts holds a 66% stake in Tata Sons Pvt. Ltd.—the holding company of the salt-to-software conglomerate that includes 30 listed companies and 400 entities. […]
