Tatas

Tata Sons will choose Singapore as a "key partner" for its semiconductor plans, a senior minister from the city-state said on Friday. Speaking to reporters after a meeting with Tata Sons Chairman N Chandrasekaran earlier in the day, Singapore's minister for home affairs and law K Shanmugam said semiconductors was a "big discussion" point during the meeting. "'If they (Tatas) want to, they can do business with anybody in the world. It's not that they need to do it in Singapore, but they will, I think, choose Singapore as a key partner, not only partner, but as a key partner," Shanmugam said. Shanmugam, along with minister for manpower and second minister for trade and industry Tan See Leng, is on a day-long visit to the financial capital. The South East Asian country is a "serious and reliable player" in the international semiconductor industry, he said, adding that the Tata Group has been present in Singapore for over five decades. Singapore or entities based in the country comman

Ratan Tata's 'no comments' was more 'thunderous' than any statement when asked if he shared the apprehensions of some Tata group veterans who felt that Cyrus Mistry was trying to break up the conglomerate, according to the author of biography of the late industrialist, Thomas Mathew. Tata had fully supported late Mistry as his successor in 2012, despite having second thoughts over the suitability of the latter at the end of the first year of 'parallel running' as Chairman designate and his replacement as Chairman of Tata Sons in 2016 was due to "an ethical and a moral issue", coupled with performance issue, Mathew told PTI Video in an interview. In the biography 'Ratan Tata A Life', some Tata group veterans have been quoted airing their apprehensions about Mistry trying to break up the salt-to-software conglomerate based on his style of functioning as the Chairman and the past record of the Shaprooji Pallonji (SP) Group's acquisition of shares in Tata Sons. "There are two schools of

BJP MP Locket Chatterjee, who is seeking re-election from West Bengal's Hooghly Lok Sabha constituency, said the party will bring back the Tatas to Singur if elected to power in the state. "We are confident of victory in the 2024 Lok Sabha polls. We anticipate securing more seats than our previous count of 18 in 2019. Once we win the polls comprehensively, the Mamata Banerjee-led TMC government will collapse in the state. After the BJP government comes to power, our first job will be to invite the Tatas to Singur, which falls under Hooghly constituency." The actor-turned leader, who had forayed into politics as a TMC member and joined the BJP in 2015 following differences, said, "Whenever I visit Singur, people urge me to help them get jobs. Mamata Banerjee has turned Singur into a graveyard of employment and economic activity." Chief Minister Mamata Banerjee has betrayed both farmers and industries in the name of Singur agitation, she said. Singur, once known for multiple crop ...

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