Page 3 - N Chandrasekaran

B20 has unique opportunity; can be value adding for world: N Chandrasekaran

The Business-20 has a unique opportunity and a very important role to play in working out agenda that can be value adding for all G-20 nations and the rest of the world, B20 India Chair N Chandrasekaran said on Monday. The Business 20 (B20) is the official G20 dialogue forum with the global business community. It is among the most prominent engagement groups in G20, with companies and business organizations as participants. In his address at the B20 India inception meeting here, Chandrasekaran, who is also the Chairman of Tata Sons, said during India's leadership of the forum, various initiatives would be taken up in several areas, including global supply chain, creative skills, circular economy, digital transformation and financial inclusion. "India is in a very unique position in the world at a time (when) we are seeing several moving parts, and B20, during India's leadership of G20, has a unique opportunity and has a very important role to play," he said. Chandrasekaran said ...

Tata Group to make significant investments in e-mobility: N Chandrasekaran

Transition to electric mobility in India will happen much faster and the Tata Group will make significant investments in the sector to develop a range of products, Group Chairman said on Wednesday

We fell short, Air India should have acted swiftly: Chandra on 'pee-gate'

Union Civil Aviation Minister Jyotiraditya Scindia has promised speedy action in the case

Air India fell short, should have been swifter: Tata boss on pee-gate

Tata Group Chairman N Chandrasekaran admitted on Sunday that Air India's response to the incident of a drunk passenger allegedly urinating on a woman on one of its international flights last year should have been "much swifter". In a statement, which came days after the aviation regulator DGCA pulled up the Tata Group-owned full service carrier, Chandrasekaran also said that "we fell short of addressing this situation the way we should have." In a shocking incident, an inebriated man allegedly urinated on a female co-passenger, a senior citizen in her seventies, in the business class of Air India New York-New Delhi flight on November 26 last year. The accused Shankar Mishra was arrested by the Delhi Police from Bengaluru on Saturday. "The incident on Air India flight AI102 on November 26, 2022, has been a matter of personal anguish to me and my colleagues at Air India. Air India's response should have been much swifter. We fell short of addressing this situation the way it should h

Tata chief sees AI/ML, supply-chain diversification as growth drivers

'Need to keep careful watch on commodity price rises,' Chandra tells employees in New Year message

Reform will propel fundamentals of India's performance: N Chandrasekaran

Reform will be a key pillar that will propel fundamentals of India's performance in the coming decades, which have a major growth opportunity for the country, Tata Sons Chairman N Chandrasekaran said on Friday. While the country can look forward to becoming a USD 25-30 trillion economy in its 100th year of Independence, it is also crucial to spread the gains of the future to everyone, including informal workers, agricultural labourers and women, he said while addressing the annual convention of industry body FICCI. Chandrasekaran noted that the government has taken several reforms before and after the pandemic which has set a strong foundation for a renewed vision for India in 2047. "Looking for the next few decades, India presents a major growth opportunity. At the same time, it is important to remember the scope of reforms India has undertaken in the last few years," he said. Pre-pandemic, the government introduced GST, Insolvency and Bankruptcy Code (IBC), inflation targeting ..

Tata's Chandrasekaran to head Business 20 India; CII to be Secretariat

'As India commences its leadership of B20 amid multiple global developments and transformations, the participation of businesses in global economic decision-making has never been more critical'

Tata Group has no plans to enter 5G consumer space, says N Chandrasekaran

Tata Sons Chairman N Chandrasekaran on Tuesday said the conglomerate does not have any plans to have a 5G offering for consumers. He said the group, which exited its consumer-facing telecom service due to losses a few years ago, has concentrated its efforts on building modern technology infrastructure for 4G and 5G and is also investing in 6G. "On the 5G, we don't have plans for getting into consumer business. We have exited that business," Chandrasekaran said at the 'Lokmat Maharashtrian of Year 2022' award ceremony here. He said the technology being built by the group companies is fully indigenous, and will be tested first for being eventually implemented on a large scale. There are already enquiries for its offerings, he added. Asked about the group's plans to consolidate four airlines in its portfolio, Chandrasekaran said it wants to create a single airline with two platforms -- a full-service carrier and a low cost carrier (LCC). "We will definitely have both full services an

What is driving consolidation at the Tata group?

The Tata group has 29 listed companies, over 60 unlisted and hundreds of subsidiaries across 10 verticals. Now, its chairman N Chandrasekaran wants consolidation to make the group efficient.

Tata Sons to halve the number of listed companies from 29 to 15: Report

Under the current chairman N Chandrasekaran, Tata Sons has been taking steps to consolidate its business to improve its efficiency

Tatas to invest $90 bn in India in 5 years; focus on new industries

The investment by the Tata group is a shift in its strategy to focus more in the home markets instead of international markets where the group lost money

Tata Sons amends articles of association at AGM to split top roles

The resolutions to renew the directorship of Ajay Piramal and Venu Srinvasan were also cleared by the shareholders

Minority investors may seek higher dividend as Tata Sons posts huge profit

Firm reports Rs 19,638 crore liability towards AGR dues of Tata Teleservices, makes provisions of Rs 1,148 crore for AGR and is expected to make additional provisions in the years ahead

Next British PM to decide fate of Tata Steel UK's demand for subsidy

Tata Steel seeks 1.5 bn pounds subsidy to keep operations afloat

Tata Group chief warns of UK steel plant closures without subsidy

Under decarbonisation plans, Tata plans to close two blast furnaces at Port Talbot, stop primary steelmaking and instead build two electric arc furnaces

Low growth and high inflation expected this year: N Chandrasekaran

The World Bank last month cut India's economic growth forecast for the current fiscal to 7.5 per cent owing to rising inflation, supply chain disruptions and geopolitical tensions

Agnikul launches India's first rocket facility for 3D-printed engines

Unit has been designed to make two rocket engines a week

Over 2k students graduate from IIT-M, institute presents 60,000th degree

A total of 2,084 students graduated on Wednesday, in the first convocation to be held in the physical mode after a gap of two years, a release from IIT-M said.

Tata Power plans Rs 75k-cr capex push in green energy: Chandrasekaran

Company advances net-zero carbon target by five years, saying will achieve it by 2045

Tata Motors targets five-fold rise in electric vehicle sales by FY24

Will look to sell 100K units by next year, said Tata Motors chairman N Chandrasekaran