India's salt-to-software conglomerate Tata Group plans to invest more than Rs 450 billion over the next two years, its newly appointed Chairman Cyrus Mistry wrote in an internal mail on Wednesday. ...
08:43 PM, Jan 02, 2013
With Cyrus Mistry slated to take up charge as the new Tata Group chairman on Saturday, a West Bengal minister Friday hoped the change of guard would pave the way for an amicable solution to the Singur land row, which has entangled the automaker in a bitter legal battle with the state. ...
12:19 AM, Dec 29, 2012
Ratan Tata, an iconic corporate leader, retired as chairman of Tata Group after a 50-year run today but kept away from office on his last day at the helm of one of country's oldest business empires. Tata, who turned 75 today, is in Pune for his birthday, sources at Bombay House, headquarters of the salt-to-software conglomerate, told PTI, adding there was no clarity on whether he would visit his office...
03:17 PM, Dec 28, 2012
Twenty one years after he took over the reins of Tata Sons, Ratan Tata retired on Friday, his 75th birthday. ...
03:16 PM, Dec 28, 2012
Cyrus Mistry will have pretty big shoes to fill as Ratan Tata retires as the Chairman of the Tata Group. But he has not come out of nowhere. His family firm owns 18 per cent of Tata Sons, the largest shareholder after the Tata Trusts. ...
01:59 PM, Dec 28, 2012
Ratan Tata is set to retire on Friday after 21 years as the group Chairman of the diversified conglomerate Tata Group. He has been responsible for making Tata Group a $ 100 billion empire. When he took over in 1991, the group had a revenue of about Rs 14,000 crore. ...
01:05 PM, Dec 28, 2012
Marking a generational change, Ratan Tata, who turns 75 on Friday, will hand over the reins of the group to 44-year-old Cyrus Mistry, who was chosen his successor in 2011 and formally appointed Chairman earlier in December. ...
10:19 AM, Dec 28, 2012
Ratan Tata, who led the transformation of the Tata group from a conventional corporate house into a $ 100 billion global conglomerate with high-profile acquisitions abroad, will retire on Friday ending 50-year run in one of India's oldest business empires. ...
06:55 AM, Dec 28, 2012
Ratan Tata, who led the transformation of the Tata group from a conventional corporate house into a USD 100 billion global conglomerate with high-profile acquisitions abroad, will retire tomorrow ending a 50-year run in one of India's oldest business empires. Marking a generational change, Tata, who turns 75 tomorrow, will hand over the reins of the group to 44-year-old Cyrus Mistry, who was chosen his successor last year and formally...
12:24 PM, Dec 27, 2012
Tata Sons, the promoter of major operating companies of the salt-to-software conglomerate, on Tuesday announced appointment of Cyrus P Mistry as its Chairman with effect from December 28 following retirement of Ratan N Tata. "The Board of Directors of Tata Sons today announced the appointment of Cyrus P Mistry as the Chairman of the Board after Ratan N Tata retires on December 28, 2012," Tata Sons said in a statement....
02:15 PM, Dec 18, 2012
Be your own man, Ratan Tata has advised Cyrus Mistry, who will succeed him at the helm of the USD 100 billion Tata group two weeks from now. ...
12:48 PM, Dec 14, 2012
Mumbai: Tata group chief Ratan Tata on Tuesday stepped down as Chairman of Tata Global Beverages with immediate effect, making way for successor Cyrus Mistry, who has also been inducted into the board of Indian Hotels Company. In two separate filings to the BSE, the two firms said the respective meetings of the Board of Directors decided the changes as per Tata's retirement plans in December 2012. "Effective November 20,...
06:34 PM, Nov 20, 2012
Kolkata: Tata group Chairman Ratan Tata on Friday offered an olive branch to West Bengal Chief Minister Mamata Banerjee during the Annual General Meeting (AGM) in Kolkata, saying his companies would make new investments in the state if the political environment improved. "We have been here because West Bengal is a part of India and we are an Indian company. We have no bias or prejudice against West Bengal. We...
02:30 PM, Aug 31, 2012
Mumbai: Tata Group Chairman Ratan Tata in a lighter vein on Wednesday said shareholders would probably remember him, after he stands down in December end, for his stinginess when it comes to dolling out bonuses. To a shareholder's query at the 73rd AGM of Tata Chemicals about low bonuses being doled out by the company, though the parent company being a $ 100 billion entity, Tata in a jocular vein...
12:46 PM, Aug 23, 2012
Jamshedpur: Jaguar Land Rovers, the iconic British luxury car brand acquired by Tata Motors in 2008, has a good future, Tata Group Chairman Ratan Tata said in Jamshedpur on Saturday. Tata Steel Europe (formerly Corus), another global brand acquisition by Tatas, need investment as well as improvement in the prevailing economic slowdown there to look up, he said. "The future of Jaguar Land Rovers is very good and China being...
11:25 PM, Mar 03, 2012
New Delhi: Some of India's biggest tycoons are set to make their case to Prime Minister Manmohan Singh on Wednesday on how to resolve the country's worsening electricity crisis, adding pressure on a government blamed for neglecting major policy initiatives. Reliance Power Chairman Anil Ambani, Adani Power chief Gautam Adani and Tata group Deputy Chairman Cyrus Mistry are among the leaders of private power firms in an industry delegation also...
02:59 PM, Jan 18, 2012
The passing of a crown is always a delicate affair. In 1991, when JRD Tata handed his to Ratan Naval Tata, his courtiers had rebelled. It took time for RNT to subdue the satraps and prove JRDs decision on his successor was perhaps his finest. But then JRD was always renowned for his ability to pick men. The circumstances around anointing RNTs successor exactly two decades later were rather different....
10:47 AM, Dec 13, 2011
Just minutes before the world heard the news of the new chairman-in-waiting, Ratan Tata had individually called each of his leading CEOs in Bombay House on the phone to inform them about the board's decision. Many were stunned. Cyrus Mistry's long-standing assistant Vasu at SP Centre, the group's HQ in South Mumbai, too had fielded calls from senior colleagues across the SP Group asking if the news was true. Vasu...
03:01 PM, Dec 02, 2011
New Delhi: Cyrus Mistry, the next chief of the sprawling Tata empire, will have the responsibility of setting the pace and ensuring overall business continuity amid global economic headwinds, feel experts. At the same time, they feel that the one-year period under the guidance of iconic Ratan Tata would provide 43-year-old Mistry with an opportunity to closely understand the intricacies of running a salt-to-software conglomerate of this size and stature....
12:15 PM, Nov 27, 2011
Mumbai: Former Tata Steel MD JJ Irani has praised Tata Sons Chairman Ratan Tata's surprise decision to appoint 43-year-old Director of Tata Sons and Tata Elxsi (India) Cyrus Mistry as his successor. This is the second time that the group will have a non-Tata at the helm of affairs in its 143-year history. Giving a thumbs up to Mistry, JJ Irani said, "He is very open, he is correct, he...
06:10 AM, Nov 24, 2011
