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The Tata Group announced a partnership with the Indian Institute of Science (IISc) to establish the Tata IISc Medical School in the IISc Bengaluru campus. In an MoU signed on January 14, the Tata Group has agreed to contribute Rs 500 crore to support the establishment of the medical school. Speaking on the occasion, N Chandrasekaran, Chairman, Tata Sons said: "Healthcare is one of India's biggest challenges and also one of its greatest opportunities, given the scale at which technology will be able to transform everything from diagnosis to care and community health." He also expressed hope that with time the institute's emphasis on cutting-edge research and global collaboration will create a highly qualified cadre of physician-scientists trained in the latest approaches to modern medicine. "After a century of contributions to science and engineering, we now have a unique opportunity to create new frontiers in medicine," said Prof G Rangarajan, Director, IISc. According to him, The
Tata Sons Chairman N Chandrasekaran on Saturday said his company is fully committed to transforming Air India into a top-class airline, delivering exceptional service and performance on a global scale. Tata Group acquired Air India in 2022 after the government had signed a share purchase agreement with Tata Sons for the sale of Air India for Rs 18,000 crore. Chandrasekaran was responding to a query during a free side chat with TVS Supply Chain Solutions Ltd Managing Director Ravi Viswanathan at the Global Alumni Meet of NIT Trichy, here, on what people can expect from Air India following the acquisition made by Tata Group in 2022. "My commitment is to take every effort to make Air India, an absolute top-class airline in the world. In terms of the hardware, the flight experience, customer experience, technology and in every which way." Chandrasekaran said. On a lighter note, he appealed to the audience gathered at the venue to urge the aircraft manufacturers Boeing and Airbus to ...
Tata Sons Chairman N Chandrasekaran on Thursday said the best qualities of Vistara are being brought to Air India, which was in decline for a number of systemic reasons when Tatas took over the airline two years back, and fulfil the "sky high expectations". "We are fully aware that expectations for the new Air India are sky high. We expect nothing less, and we expect to deliver nothing less," he said and asserted that the merged entity will be ready for the country's coming aviation revolution. Nearly two years after announcing the merger, the integration of Vistara with Air India was completed on November 12 and Singapore Airlines now has a 25.1 per cent in the enlarged Air India. Vistara was jointly owned by Tatas and Singapore Airlines. "Given our ambitions, this merger should be seen as part of a journey. Different parts of the business were at different points of maturity when the merger commenced, so they will take time to fully align," Chandrasekaran said in a LinkedIn ...
Chief Minister N Chandrababu Naidu on Friday said here that Tata Sons chairman N Chandrasekaran will co-chair the Task Force for Economic Development, for achieving a Swarna (golden) Andhra Pradesh by 2047. The Tata Sons chairman, who called on the Chief Minister today, would be a part of the task force, which comprises intellectuals and industry leaders. "The GoAP (government of Andhra Pradesh) is forming a Task Force for Economic Development of Swarna Andhra Pradesh,,,I'm delighted to announce that Chandrasekaran will co-chair this Task Force," said Naidu in a post on X. Calling Chandrasekaran an old friend, the CM observed that the Tata Group has also agreed to team up with the state for the Centre for Global Leadership on Competitiveness to be established in Amaravati by the Confederation of Industry (CII). Further, Naidu said he and Chandrasekaran explored opportunities for setting up a TCS development centre in Visakhapatnam, and also enhance the state's air connectivity thro
India's consumer market represents a long-term structural opportunity, driven by population, a growing middle class, rapid urbanisation, increasing disposable incomes and raising aspirations, Tata Consumer Products Ltd Chairman N Chandrasekaran said on Thursday. The Tata group's FMCG arm is well positioned to capitalise on the significant opportunity, he said, while addressing the annual general meeting (AGM) of TCPL. Chandrasekaran said the India economy has been growing "very strongly" and the current momentum continues to be high. India is likely to maintain similar growth momentum in the coming years, he said, adding that the global economic landscape has been rather volatile with the geopolitics reshaping supply chains, energy security, and overall resilience. The baseline forecast for the world economy is to continue to grow over 3 per cent during 2024 and 2025. However, "India has been growing very strongly with the economic growth rate of 8.2 per cent for the fiscal 2023-2