All posts tagged: Tata Group

‘Devastated, didn’t see this coming:’ Players stunned as Jamshedpur FC quits ISL

‘Devastated, didn’t see this coming:’ Players stunned as Jamshedpur FC quits ISL

4 min readJul 31, 2026 10:29 PM IST When Jamshedpur FC‘s players were summoned for a team meeting on Friday evening, they expected a tactical discussion ahead of their Durand Cup clash against SC Delhi. Instead, they were told the club would no longer be part of the Indian Super League. Barely an hour later, the Tata Group-owned club made it official. On the official social media channels, Jamshedpur FC posted a statement that read: ‘Jamshedpur Football Club would like to confirm that it will not be participating in ISL from the 2026-27 season onwards. JFSPL remains committed, in other capacities, to the continued growth and development of football in India. We will continue in our endeavour to promote and develop the game of football, including at the grassroots level. We will continue to identify and develop young football talent across India to create a strong pathway for young players from grassroots to national and international football.’ The announcement stunned a dressing room that had been preparing for the Durand Cup and left players grappling …

WB CM Adhikary promises policy reforms to boost industrialisation

WB CM Adhikary promises policy reforms to boost industrialisation

West Bengal chief minister Subhendu Adhikary said on Friday that he is keen to create a suitable environment and introduce policy changes to promote industrialisation, which has suffered over the past few decades. On Thursday, Adhikary has set up a four-member committee, led by Bengal’s new industries minister Tapas Ray, to propose a new industrial policy. “I don’t want to approach industrialization in a haphazard manner. I am trying to create a suitable environment for industries. We will also make policy changes to aid industrialization,” the chief minister said when asked if he would invite the Tata Group, which had abandoned its ₹2,000-crore Nano car plant in 2008. Adhikary has set up a four-member committee, led by Bengal’s new Industries Minister Tapas Ray, to propose a new industrial policy. Between 2019 and 2025, according to available data, West Bengal ranked 11th and lagged behind states such as Gujarat, Karnataka, Maharashtra and Tamil Nadu in terms of FDI inflows. While Maharashtra attracted ₹7.88 lakh crore in FDI during this period, Bengal received just ₹16,409 crore. The …

The biggest lesson for Tata today: The institution is bigger than individuals

The biggest lesson for Tata today: The institution is bigger than individuals

Many are sad that Tata is facing internal conflict. As retired directors, who together served Tata for many decades, we feel enormous pain and also that the dispute is existential. Differences are common, but leaders can rely on proven methods to resolve disputes. The Mahabharata and Ramayana, among others, suggest the method: One, apply rajdharma; two, seek compromise before conflict; three, protect both the institution and the weak; and four, use wise advisors. Tata’s enterprise and philanthropy institutions must align to avoid losing the plot. Together, they are collaborators; individually, they become competitors. American investor Ray Dalio’s formula for nations applies equally to companies: Educate your people, earn more than you spend, and avoid internal and external fights. The late Ratan Tata transformed a tradition-bound Tata into a growth-oriented, entrepreneurial organisation. Based on what they read, however, the modern commentariat makes its own sombre prognostications. Globally, the corporate world is seeing early signs of shared power rather than a single all-powerful CEO (See Pilita Clark, ‘Why co-CEOs might suit our tumultuous times,’ Financial Times, May …

Singapore Airlines steps in as Air India losses swell to .4 billion| India News

Singapore Airlines steps in as Air India losses swell to $2.4 billion| India News

Singapore Airlines is increasing its operational role within Air India as the airline grapples with mounting losses and heightened scrutiny following recent safety concerns. Airport officials gather near the aircraft ladder attached to the Singapore Airlines aircraft for flight SQ321 parked on the tarmac after an emergency landing at Suvarnabhumi International Airport. (REUTERS) The Singaporean carrier has begun embedding its own personnel within Air India, placing executives in critical functions such as flight operations, engineering, and maintenance in recent months, Bloomberg reported. These are areas where Singapore Airlines has long been regarded as a global benchmark. Meanwhile, Tata Group, which holds a 74.9% stake in Air India, is focusing on commercial strategy, human resources, finance, and information technology, the report added. Also Read | Air India plane crash: What exactly happened inside Boeing Dreamliner flight cockpit on June 12? A blow-by-blow account Deepening of Singapore Airlines involvement The move signals a significant deepening of Singapore Airlines’ involvement, particularly after the fatal Dreamliner crash. What was once a strategic partnership is evolving into a more hands-on …

PGTI President Kapil Dev thanks TATA Chairman N Chandrasekaran for support to Indian golf

PGTI President Kapil Dev thanks TATA Chairman N Chandrasekaran for support to Indian golf

Professional Golf Tour of India (PGTI) President and Indian cricket legend Mr. Kapil Dev had a meeting with TATA Sons Chairman Mr. N Chandrasekaran in Mumbai on Tuesday. In the meeting held at Bombay House, the headquarters of TATA Sons in Mumbai, Mr. Kapil Dev personally expressed his gratitude to Mr. N Chandrasekaran for the TATA Group’s unwavering support and invaluable contribution to the growth of professional golf in India. The long-standing partnership between PGTI and the TATA Group has helped elevate the standard of the sport in India. TATA Steel had been a tournament title sponsor on the PGTI since the latter’s inception in 2006. Then in 2019 TATA Steel came on board as the Umbrella Partner of the PGTI. TATA Steel has been sponsoring PGTI’s year-end Tour Championship, featuring an elite field, since 2019. The TATA Steel Tour Championship continues to be the richest event on the PGTI as it offers a prize purse of INR 3 crore. The event has been staged at the pristine Beldih & Golmuri Golf Courses in ‘Steel …

Tata Capital to file draft IPO papers after NCLT nod on merger with Tata Motors Fin | Business News

Tata Capital to file draft IPO papers after NCLT nod on merger with Tata Motors Fin | Business News

Financial services firm Tata Capital is likely to file preliminary papers with markets regulator Sebi to raise USD 2 billion (over Rs 17,000 crore) through an initial public offering (IPO) only after getting final approval from the NCLT for Tata Motors Finance merger with the company, according to sources. At this size, the company is expected to be valued at around USD 11 billion, they said. The final order is awaited from the National Company Law Tribunal (NCLT), which is expected to be closed by the end of this financial year (FY25), sources said. Story continues below this ad An email sent to Tata Capital regarding the filing of draft papers remained unanswered. Tata Capital, identified as an upper-layer non-banking finance company (NBFC) by the Reserve Bank of India (RBI), already received its board approval to float the initial share sale. The proposed IPO would comprise 2.3 crore equity shares by way of a fresh issue and an offer of sale (OFS) by certain existing shareholders, according to a disclosure made to stock exchanges. Apart …

Tata Group chairman Chandrasekaran honored with UK Knighthood | Latest News India

Tata Group chairman Chandrasekaran honored with UK Knighthood | Latest News India

Tata Group Chairman Natarajan Chandrasekaran has been felicitated with ‘The most excellent order of the British Empire (Civil Division)’ in recognition of his contributions, and services to the United Kingdom and India business relations, as per a British Government’s official statement. According to a British Government official release, Tata Group Chairman Natarajan Chandrasekaran has been awarded ‘The most excellent order of the British Empire (Civil Division)’ in appreciation of his services and contributions to the commercial relationship between the United Kingdom and India.(PTI) “I am deeply humbled by this prestigious recognition, for which I am grateful to His Majesty, King Charles. I would like to express how proud we are at the Tata Group to maintain such a strong strategic relationship with the UK across the technology, consumer, hospitality, steel, chemicals, and automotive sectors,” Chandrasekaran said on teh honour. “We are incredibly proud of our iconic British brands like Jaguar Land Rover and Tetley. We employ more than 70,000 people in the UK. We enjoy fruitful and world-class research and academic partnerships with great institutions …

Vistara’s final flight today as it merges with Air India | Latest News India

Vistara’s final flight today as it merges with Air India | Latest News India

Vistara will operate its final flight under its own brand on Monday, November 11, as it prepares to fully integrate with Air India. From November 12, Vistara’s operations will be unified with Air India, marking a transition into a single, consolidated service under the Air India banner. Airline officials said even though Vistara will cease to exist from November 12, its aircraft, routes and crew will continue to operate as they do at least till March. (HT Photo)(HT_PRINT) The government has approved foreign direct investment by Singapore Airlines in the Air India-Vistara merger, streamlining their integration into a single full-service carrier under the Air India brand. Vistara, a joint venture between Tata Group and Singapore Airlines has fully integrated with Air India, which is also owned by Tata Group. This merger consolidates the two carriers under one umbrella. The airlines had announced that from 3 September 2024, customers would gradually lose the ability to make bookings with Vistara for travel dates on or after 12 November 2024. The merger of Vistara with Air India, announced …

National Agriculture Code, Greening of Antarctic and Unlawful Activities (Prevention) Act

National Agriculture Code, Greening of Antarctic and Unlawful Activities (Prevention) Act

PM unveils 10-point plan to strengthen India-ASEAN relations Syllabus: Preliminary Examination: Current events of national and international importance. Mains Examination: General Studies II: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests. What’s the ongoing story-Announcing a 10-point plan while underlining that dialogue and cooperation between India and ASEAN are of utmost importance at a time of conflict and tension in many parts of the world, Prime Minister Narendra Modi Thursday flagged “respect” for “each other’s national integrity and sovereignty” at the India-ASEAN leaders’ summit in Laos capital Vientiane. Key Points to Ponder- • Know about Association of Southeast Asian Nations (ASEAN) • Map Work-ASEAN Countries • India and ASEAN Summit 2024-what are the key takeaways • “I believe that the 21st century is the ‘Asian Century’, a century for India and ASEAN countries”- Interpret the remark within the context of the current conflict in West Asia. • In keeping with the theme of ‘Enhancing Connectivity and Resilience’, the Prime Minister announced a 10-point plan-know them in detail • What exactly the Joint …

Noel Tata appointed chairman of Tata Trusts, CNBC TV18 says | Latest News India

Noel Tata appointed chairman of Tata Trusts, CNBC TV18 says | Latest News India

Oct 11, 2024 02:05 PM IST Noel’s appointment is of significance as Tata Trusts owns 66% of Tata Sons, the holding company of various firms under the Tata brand which is more than 150 years old Noel Tata was appointed on Friday as chairman of Indian conglomerate Tata group’s philanthropic arm Tata Trusts, the CNBC TV18 channel reported, succeeding his half brother Ratan who died this week aged 86. Noel Tata with Reliance Industries Chairman and Managing Director Mukesh Ambani. (AFP) Noel’s appointment is of significance as Tata Trusts owns 66% of Tata Sons, the holding company of various firms under the Tata brand which is more than 150 years old. Ratan, one of India’s most respected corporate leaders, built the Tata empire into a global conglomerate that spanned across industries. Tata Trusts was setup by Noel and Ratan’s great grandfather Jamsetji Tata in 1892, years after he founded the Tata group. Tata Trusts has since diversified into various sectors such as education, healthcare and housing. Noel Naval Tata already serves as a trustee on …