Latest News, Updates & Breaking Headlines
After Ratan Tata’s death, the bungalow has remained associated with the Tata ecosystem. Recently, reports emerged that Tata Sons had leased the bungalow for a five-year term at a starting monthly rent of ₹17.56 lakh. The agreement reportedly involved Ewart Investments, a Tata Sons subsidiary that owns the property. Today, Ratan Tata’s Colaba bungalow represents…
India on Sunday paid tribute to late Ratan Tata on his 88th birth anniversary, as political leaders, industrialists and institutions gathered to remember the businessman.Tata Group chairman N Chandrasekaran paid homage to Ratan Tata at Bombay House, garlanding the statue of the late industrialist and philanthropist, Ratan Tata, the former chairman of the Tata Group.Recalling…
Counterpoint Research indicates that over 70% of iPhones sold in the US are manufactured in India. (AI image) The Tata group seems to be betting big on iPhones, with its latest regulatory filing with the Registrar of Companies indicating that it has injected an additional Rs 1,500 crore into Tata Electronics. This company manufactures iPhones…
Tata Electronics is set to manufacture Intel’s advanced AI laptop chips and employ cutting-edge packaging technologies at its new Gujarat and Assam facilities. This significant collaboration aims to boost India’s semiconductor ambitions, enhance cost-effectiveness, and accelerate market entry for Intel, tapping into the nation’s burgeoning AI PC demand. MUMBAI: Tata Electronics will manufacture chips and…
MUMBAI: The late industrialist Ratan Tata’s property in Seychelles is up for sale. The former Tata Group chairman had bequeathed his beachfront villa on Mahe, the archipelago’s largest island, to RNT Associates, his Singapore-registered fund that backed Indian startups, as stated in his will. Third-party valuers appointed by his will’s executors had valued the property…
BENGALURU: Bhaskar Bhat, a one-company man, began his career at the Tatas as a member of its watch project in the early 1980s. He eventually secured a coveted seat at the highest table in the group when he was appointed to the board of the Sir Dorabji Tata Trust 42 years later. During that period,…
Neville Tata has been appointed by Tata Trusts to the board of Sir Dorabji Tata Trust (SDTT). Neville Tata is the son of Tata Trusts chairman Noel Tata. Group veteran Bhaskar Bhat has also been inducted.This appointment strengthens Noel Tata’s position whilst elevating Neville, aged 32, to one of the most significant roles within the…
MUMBAI: He says nothing and chooses not to vote, but his silence speaks volumes at Tata Trusts. Jimmy Naval Tata, 85, the reclusive younger brother of the late Tata Trusts chairman Ratan Tata and a trustee of the Sir Ratan Tata Trust (SRTT), stayed away from voting on Tuesday on Mehli Mistry’s reappointment as a…
MUMBAI: For someone at the heart of one of India’s most storied corporate families, Mehli Mistry has long remained an enigma: a man who moves within the most rarefied Parsi circles yet stays almost invisible to the public eye. Photographs of him are scarce; party appearances rarer still. He doesn’t drink, avoids the social circuit,…
Given that Mistry is ineligible to vote regarding his own term renewal, the outcome at SDTT represents a majority decision. Tata Trusts tussle: In a significant development at the Tata Trusts, Mehli Mistry’s position appears uncertain as chairman Noel Tata, vice chairman Venu Srinivasan and trustee Vijay Singh have not approved for extending his term,…
