Tata Sons Board

Tata Sons seeks CCI clearance to take additional 10% stake in Tata Play

Tata Sons, promoter of Tata Group, has sought approval from fair trade regulator CCI for acquiring an additional 10 per cent stake in DTH operator Tata Play from Singapore's sovereign wealth fund Temasek Holdings. Currently, Tata Sons owns a 60 per cent stake in Tata Play. After the completion of the deal, Tata Sons will have a 70 per cent holding in the entertainment content distribution platform. Tata Sons Pvt Ltd is an investment holding company, which is registered as a core investment company with the Reserve Bank of India and classified as a "Systemically Important Non-Deposit Taking Core Investment Company". "The proposed transaction relates to Tata Sons' acquisition of 10 per cent shareholding in Tata Play from Baytree Investments (Mauritius) Pte Ltd," said a notice filed with the Competition Commission of India (CCI) on Thursday. Baytree Investments (Mauritius) is an affiliate of Singapore's sovereign wealth fund Temasek Holdings. The proposed transaction is being notifie

Tata Sons may fetch valuation up to $96 billion in IPO, says Spark

Based on a peak valuation of $96 billion, even a 5% stake in the company would still be worth more than Life Insurance Corp of India's $2.7 billion IPO in 2022

'Upper layer' NBFC tag for Tata Sons calls for a new compliance policy

Tata Sons will have to appoint a new chief compliance officer (CCO)

Sauvik Banerjjee, former Tata Digital CTO, joins UK's Rezolve

Banerjjee brings to Rezolve more than 22 years of experience in senior roles

SC dismisses plea to review removal of Cyrus Mistry as Tata Sons head

The genesis of the dispute can be traced to the removal of Mistry as executive chairman of Tata Sons in 2016

Will step down from Tata board if there's a conflict, says Ajay Piramal

In an interview, Piramal Group chairman said he would not hesitate to step down from Tata Sons board if there is a sense of conflict of interest after his acquisition of DHFL

No leadership structural changes are on the anvil: Tata Sons Chairman

Bloomberg on Monday reported that Tata Sons is considering an historic revamp of its leadership structure by creating a CEO role to help improve corporate governance

Tata Sons seeks shareholders' approval to raise Rs 40,000 crore in debt

The shareholders will vote on the proposal on September 14 at the company's annual general meeting

Tata vs Mistry: Valuation mismatch and what lies ahead in the battle

Now the Mistrys are not getting even a board seat on Tata Sons, and the court has left it to both parties to negotiate the exit price of Mistrys

After a lull, Tata Sons buys additional stake in subsidiaries

Tata Group's holding company ends FY21 with higher stake in key arms

Tata Sons to infuse more capital into five firms impacted by coronavirus

FY2021 Budget planning upset in all five firms, funds will be used repay dues, keep them well-capitalised and finance projects

$110 bn question: Who runs Tata Sons if SC backs tribunal on Cyrus Mistry?

Given that the relations between Ratan Tata and Cyrus Mistry are probably beyond repair, would Mistry even want to return to work at Bombay House, as the headquarters are known?

Tata Sons earned Rs 19,600 cr as dividend, share buyback from TCS in FY19

In the last five years, Tata Sons has cumulatively earned around Rs 62,500 crore as equity dividend

At NCLT, Tata Sons opposes SP Group's representation on board

Ratan Tata's counsel says relationship between SP Group and Tata Trusts 'irretrievably broken and cannot co-exist'

Saurabh Agrawal, Bhaskar Bhat enter Tata Sons board

Holding company board has four group executives, seven outsiders