Page 7 - N Chandrasekaran

JLR's $3.5 bn plan to take all Jaguars, 60% Land Rovers electric by 2030

Brainchild of new CEO Thierre Bollore, move forms part of 'Reimagine' strategy of Tata Motors' UK arm; Britain to ban sale of gasoline and diesel cars from 2030, putting pressure on legacy carmakers

Stress and trauma of Covid-19 hold big space for renewal: Tata Sons chief

Tells 700,000 Tata group staffers that pandemics have inspired progress in medicine, urban planning, architecture and countless other fields in the past.

Post-Covid world order holds limitless opportunity for India: Chandrasekaran

But for the country to be ready to participate, there is a need to establish regulatory standards on data and taxation in general, Tata Sons Chairman N Chandrasekaran said

'2020s belong to India': Tata Chairman Chandrasekaran at FICCI meeting

Chandrasekaran called for focus on talent, enable data and bandwidth and the need to be a part of the new regulatory standards

Only time will tell who is right, bullish markets or bearish commentators

Even if investors disagree, they must not dismiss the signals the markets are sending

India can be AI hub, policy set-up for tech can spur growth: Chandrasekaran

He said if India is able to solve the problems using AI, then the solutions can spread to developing as well as developed nations

Tata Motors bets on generation of free cash flow for debt reduction

JLR is seeing an additional boost from strong demand for the recently launched Evoque and Defender

Tata Sons makes Rs 16,439 crore provisions for telecom business

For the fiscal year, at the consolidated level, the company's profit after tax has come down to Rs 10,916 crores from Rs 28,463 crores, mainly due to an increase in exceptional items

Tata Motors shares gain 8.5% on company's goal to bring debt to near zero

Analysts say company's investors are confident firm will be able to achieve significant deleveraging on the back of better performance in both, domestic business and JLR

Tata Motors group says will cut consolidated debt to zero in 3 years

Company chairman tells shareholders investments are showing results and it's committed to Jaguar and Land Rover in the UK

Tata Steel to focus on positive free cash flow in FY21: Chandrasekaran

With consolidated net borrowings of Rs 1,04,779 crore as on March 31, 2020, the company is also looking to bring down the debt level in the current fiscal

Steel demand to fall significantly in FY21 due to Covid-19: Chandrasekaran

A contraction in the global GDP is not at all a good sign for the global steel sector as steel demand is positively correlated with the economic growth.

Greater use of ADR, technology to reduce court cases: N Chandrasekaran

Observing that India's judicial system has a huge capacity issue, he said around 30 million cases are pending across various courts, as per the National Judicial Data Grid

Time to make right investments, leverage R&D strength: N Chandrasekaran

His remarks come against the backdrop of century's worst crisis triggered by the pandemic. India's GDP is expected to contract by at least 2.5% next year

No clarity on resolution for CGPL's Mundra plant issue: Chandrasekaran

CGPL has inked pacts to supply 1,805 MW to Gujarat, 760 MW to Maharashtra, 475 MW to Punjab, and 380 MW each to Rajasthan and Haryana

Eco scenario in India, global markets is challenging: Tata Sons chairman

Chandrasekaran said the situation arising due to Covid-19 pandemic has progressively improved though some of the challenges will persist in the short term

My stand on Tata legacy hotspots is vindicated: Cyrus Mistry to SC

In his affidavit filed in the Supreme Court, Mistry gave details on businesses which, he claimed, had failed due to wrong business calls made by Mistry's predecessor, Ratan Tata.

Tata Sons may dip into overseas debt markets to meet fund requirements

The size of the international fund offering has not been decided as yet and it is one of the options on the table, said a banker close to the development

Enough cash flow to tide over Covid-19 crisis: Tata Sons chairman

Tata Sons is in strong financial position with adequate cash flows to support the group companies and new growth initiatives, said Chandrasekaran

Not looking to monetise investments to raise capital: Tata Sons chairman

Tata Group, like all other companies, is facing both challenges and opportunities arising out of the coronavirus pandemic and resulting economic situation