India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
MUMBAI: In an anticipated move, trustees of Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT) approved reappointment of trustee and vice-chairman Venu Srinivasan for life on Monday, setting aside recent differences over governance issues.The decision follows reappointment of trustee and chairman Noel Tata in Jan 2025, with no limits on his tenure. SDTT and SRTT have a combined 52% stake in Tata Sons.Fellow trustee Mehli Mistry's reappointment is similarly scheduled in the next few days. Srinivasan's reappointment was not unexpected: the Trusts had unanimously passed a resolution on Oct 17, 2024, stating that "on expiry of tenure of any trustee, that trustee will be reappointed by the concerned Trust without any limit being attached to the period of tenure of such reappointment."At the Oct 17, 2024 meeting, it was decided that any trustee who voted against another trustee's reappointment would be in breach of their commitment and unfit to serve on the charities' boards. This meant all trustees at SDTT and SRTT serve for life.At the Oct 17, 2024 meeting, it was decided that the trustees were all "equally responsible" and "charged with public duty and specifically tasked by Mr Ratan N Tata". This resolution thus makes a trustee's reappointment more of a formality than a serious process. Their tenures also do not have an end, similar to past trustees like JRD Tata, Ratan Tata, Jamshed Bhabha, and RK Krishna Kumar, who held their positions until their passing.While these four trustees were exceptions, others like Noshir Soonawala, who was also a trustee for life, stepped down from the boards of the two Trusts due to health and advancing age. There have also been trustees with fixed tenures, typically three years, which have been periodically renewed.Sir Dorabji Tata Trust and Sir Ratan Tata Trust are the main trusts within the Tata Trusts umbrella, collectively owning about 52% of Tata Sons. At the Oct 17, 2024 meeting, Trusts also decided that directors nominated by them to the board of Tata Sons would be reviewed on attaining 75 years of age. It was during this meeting that the charities chose to nominate Noel Tata to the Tata Sons board. Noel assumed the role of chairman of Trusts following the passing of his older half-brother Ratan Tata on Oct 9, 2024.The Trusts also specified at the Oct 17, 2024 meeting that any breach of the commitment to reappoint a trustee for life will lead to reconsideration of all resolutions passed at the same board meet. This was to ensure that trustees could not selectively follow only parts of the resolution and disregard others, said people familiar with the information. In addition to Noel Tata, Venu Srinivasan, and Mehli Mistry, the boards of the main charities include Vijay Singh, Pramit Jhaveri, Darius Khambata, and Jehangir Jehangir. The first four are part of the executive committee, which makes decisions related to Tata Sons' shareholding and other operational matters of the Trusts.Differences among trustees became public last month following a review of nominee directors on the Tata Sons board who have reached 75 years. As a result, Vijay Singh's directorship was reviewed, and he lost the majority of trustees' support. Mehli was suggested as Singh's replacement, but Noel Tata rejected the proposal. Consequently, Singh resigned from the board of Tata Sons.
Mumbai, July 4: Tata Power Chairman N Chandrasekaran, addressing the company's 106th Annual General Meeting (AGM) on July 4, emphasized the company's strategic growth, operational excellence, and unwavering commitment to clean energy, even as he acknowledged recent challenges. Opening the address with a solemn note, Chandrasekaran said, "We honour those who lost their lives in the recent Air India flight tragedy AI-171. Across the Tata Group, our thoughts are with the affected families and loved ones." He also paid homage to the late Ratan Tata, saying, "We bid farewell to Mr. Ratan Tata las ...Read More >
BENGALURU, India, March 30, 2026 /PRNewswire/ -- Tejas Networks (BSE: 540595) (NSE: TEJASNET) today announced that the company has reached a major milestone by cumulatively shipping over 17,000 IP/MPLS routers for BharatNet Phase III. Tejas' industry-leading TJ1400 routers are being deployed in 9 states and 5 union territories across India by its PIA (Project Implementation Agency) partners and are carrying live traffic at multiple locations. Altogether, the company will be supplying nearly 60,000 TJ1400 routers for BharatNet Phase III which will be deployed across 55,000+ GPs (Gram Panchayats ...Read More >
MUMBAI, India, April 2, 2026 /PRNewswire/ -- Tata Communications, a leading global communications technology player, proudly announces that it has been recognised as a Leader in the 2026 Gartner® Magic Quadrant™ for Global WAN Services, marking its thirteenth consecutive year of recognition for Completeness of Vision and Ability to Execute. Over the past year, Tata Communications has continued to redefine its Network fabric through advanced AI and analytics, offering composable, high-speed, on-demand and intent-based connectivity that supports enterprises worldwide across industries such as f ...Read More >
Meet Venkata Datta, Hyderabad techie, who is set to marry badminton star PV Sindhu The KYC Bubble: How digital ID's could trigger a global collapse 5 reasons why Allu Arjun will become biggest pan-India star with Pushpa 2: The Rule This is world's weirdest hotel where guests stay to get insulted, pay Rs 20000 room rent, it is located in... Vikrant Massey breaks silence on his 'retirement' announcement, says his post was misread: 'I'm not...' After breakup with Arjun Kapoor, Malaika Arora does 'Nain Matakka' with another actor, netizens react Naga Chaitanya-Sobhita Dhulipala wedding: Allu ...Read More >
New Delhi [India], February 7 (ANI): The Delhi High Court on Friday ruled against the use of logos and images related to Ratan Tata and Tata Trusts, acknowledging that Tata is a well-known trademark and that the late Ratan Tata is a prominent figure deserving of name protection. Justice Mini Pushkarna's bench, while hearing a lawsuit filed by the Sir Ratan Tata Trust and Tata Sons Pvt Ltd issued an injunction against Rajat Srivastava, who had been planning to organize an award ceremony named the 'Ratan Tata Icon Award.' Also Read | Rahul Gandhi Claims More Voters in Maharashtra Than Total Ad ...Read More >
New Delhi: Non-banking financial company Tata Capital is set to launch its initial public offering (IPO) on October 6, with people familiar with the matter pegging the issue size at an estimated USD 2 billion (Rs 17,200 crore)."The bid/offer opens on Monday, October 6, 2025, and closes on Wednesday, October 8, 2025. The anchor investor bidding date shall be Friday, October 3, 2025," according to a disclosure made to the stock exchanges. The company is eyeing a valuation of around USD 18 billion, the people cited above said.The proposed IPO of 47.58 crore shares comprises a fresh issue of 21 c ...Read More >
Mumbai: Tata Capital, among the top three diversified financial services companies owned by India's largest conglomerate, will consider a fresh round of dilution in equity only after two-and-a-half to three years, a top official at the Tata Group entity said. The proposed ₹15,512-crore IPO, which will open for subscription early next week, will result in an 11.21% dilution in the promoter's stake. Tata Group owns 95.8% in the company, and of this Tata Sons holds 88% stake. The proposed IPO is the largest from the Tata group to date. "The capital we raise and the profits we will earn will sup ...Read More >
The Indian Premier League (IPL) 2026 season has barely begun, but it has already delivered its first major controversy. Following Kolkata Knight Riders' (KKR) six-wicket defeat to Mumbai Indians (MI) at the Wankhede Stadium, a pointed remark from captain Ajinkya Rahane has triggered a wider debate - forcing Cricket Australia (CA) to step in with a clarification. At the centre of the storm is Cameron Green, KKR's high-profile signing worth INR 25.20 crore, who did not bowl a single over despite MI's dominant chase of 220. KKR seemed in control after posting a commanding 220/4, but the script ...Read More >
Tata Communications has introduced the IZO™ Data Centre Dynamic Connectivity, a software-defined platform designed to enhance global data centre connectivity in an AI-driven world. The platform leverages intelligent routing to ensure uninterrupted, resilient connections, offering enterprises performance predictability and cost efficiency amidst dynamic global challenges. Tata Communications has unveiled a groundbreaking platform, IZO™ Data Centre Dynamic Connectivity, to redefine resilience ...Read More >
Jamshedpur, July 2: Tata Steel held its 118th Annual General Meeting (AGM) on July 2, where the company's Chairman addressed shareholders with a comprehensive overview of the company's performance, challenges, and strategic direction. The meeting opened on a solemn note, acknowledging recent losses within the Tata Group and paying tribute to significant figures whose contributions shaped the company. "There is a lot to talk about today," said the Chairman. "But I must begin by acknowledging the heavy loss we have felt in recent months. Across the entire Tata Group, we honour those who lost th ...Read More >
Tata Power is transitioning from a pure-play solar and wind company to become a force in the hybrid renewable energy market and is also ready to take part in nuclear power development in future, Chairman N Chandrasekaran said on Friday. He was addressing shareholders at the company's 106th Annual General Meeting (AGM). Sharing the future plans of the company, Chandrasekaran said, "The company is transitioning from being a pure-play solar and wind company to being a force in the hybrid renewable ...Read More >
Kolkata: Tata Sons chairman Natarajan Chandrasekharan met West Bengal chief minister and Trinamul Congress supremo Mamata Banerjee at the state secretariat Nabanna on Wednesday. They had an hour-long meeting on the investment opportunities in the state. State chief secretary Manoj Pant and CII director general Chandrajit Banerjee were also present in the meeting. Later TMC posted on X-handle, "Smt. @MamataOfficial hosted Shri Natarajan Chandrasekaran, Chairman of Tata Sons and the Tata Group, for a constructive dialogue on Bengal's industrial growth and emerging opportunities." It said, "The ...Read More >
Andhra Pradesh CM N Chandrababu Naidu inaugurated Ratan Tata Innovation Hubs in Amaravati and five cities, aiming to boost entrepreneurship. Backed by Tata Group and major firms, the initiative honours Ratan Tata's legacy while supporting startups, industrial hubs, and economic growth in the State Amaravati: Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday inaugurated Ratan Tata Innovation Hubs (RTIHs) at Amaravati and five more centres in the State. The CM was accompanied by Tata ...Read More >
New Delhi: In a significant development, the Reserve Bank of India (RBI) has asked the Tata Group to list its holding company - Tata Sons. The company was given a three-year deadline to do so, and now only a day remains until the deadline. Tata Sons is the holding company of the country's largest business group. The possible public listing of the USD200-billion group, which owns Jaguar Land Rover, Air India, Taj Hotels, and a major European steel company, could have massive effects on India's top businesses and trusts. Not only the government but also the industry and even people are closely ...Read More >
Tata Group plans an AI City in Lucknow, expansion of TCS units and fresh investments in electronics and defence after Tata Sons Chairman met Uttar Pradesh Chief Minister Yogi Adityanath. Tata Sons Chairman N Chandrasekaran paid a courtesy visit to Chief Minister Yogi Adityanath on Monday, during which the two held wide-ranging discussions on the progress, expansion and proposed new investments of Tata Group projects in Uttar Pradesh. The meeting saw a broad consensus on long-term collaboration a ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...Read More >
New Delhi, Jul 2 (PTI) Tata Steel is confident of completing its transition to green steel manufacturing in the UK and Netherlands as per schedule, the company's Chairman N Chandrasekaran said on Wednesday. He made the remarks while addressing the shareholders at the company's 118th Annual General Meeting (AGM). Also Read | Iran's President Masoud Pezeshkian Approves Law to Suspend Cooperation With IAEA Following Israel, US Strikes. "...we remain confident that the transition to green steel making in the UK and the Netherlands will happen as per our plans, in the next few years," Chandrasek ...Read More >
New Delhi, Jul 7 (PTI) The Tata Group is focusing on enhancing safety across companies as it has become a "top priority" and is aware that it needs to do more on the issue as it goes ahead with its expansion plans, Tata Sons Chairman N Chandrasekaran said on Monday. He was responding to a shareholders' query regarding safety measures undertaken in the aftermath of the Air India crash and how to avoid such tragedies in other Tata Group firms, while addressing the Annual General Meeting of the Ind ...Read More >
New Delhi: Tata Group-backed Indian Hotels Company (IHCL) on Thursday reported consolidated revenue of ₹2,102 crore for the quarter ended June 30, up 32% year-on-year (YoY). Profit after tax jumped 19% YoY to ₹296 crore. IHCL MD and CEO Puneet Chhatwal said despite geopolitical challenges, flight disruptions, and booking cancellations, Q1FY26 marked the thirteenth consecutive quarter of "record performance" for the chain. "In line with our guidance, the company reported double-digit growth in consolidated revenue. The hotel segment's revenue at '1,814 crore, grew by 14%, leading to a strong ...Read More >
Tata Sons, the holding company of the Tata conglomerate, announced on July 18 that the trust set up for assistance to and welfare of the families of the recent Air India plane crash victims has been formalised and its registration completed. The public charitable trust will be known as 'The AI-171 Memorial and Welfare Trust'. Tata Sons and Tata Trusts have jointly pledged a contribution of Rs 500 crore for the purpose, with each committing Rs 250 crore. Funding for the Trust will commence once ...Read More >
Mumbai, November 14: Tata Motors Passenger Vehicles (TMPV) on Friday reported a multi-fold jump in its consolidated net profit to Rs 76,170 crore for the second quarter of the current financial year (Q2 FY26), driven by an Rs 82,616 crore one-time gain from the demerger of its commercial vehicles business. The Tata Group company had posted a net profit of Rs 3,446 crore in the corresponding quarter last year. Despite the exceptional gain, TMPV's revenue fell 14 per cent year-on-year to Rs 72,349 crore in Q2 FY26, compared with Rs 83,656 crore in Q2 FY25. Excluding the demerger-related gain, t ...Read More >
The solution directly connects to BFSI clients' application programming interfaces (APIs) and fintech platforms, streamlining the complete customer journey, from initiation to resolution. NEW DELHI: Homegrown telecom and CPaaS player, Tata Communications, said it has launched an agentic artificial intelligence (AI)-driven voice solution for improving customer engagement in the banking, financial services and insurance (BFSI) vertical. Tata Communications said the speech-to-speech solution offer ...Read More >
New Delhi, Oct 31 (PTI) Singapore Airlines on Friday said that as a significant minority shareholder it will provide its expertise and support where necessary to Air India. The comments came against the backdrop of reports saying that Air India is seeking more than Rs 10,000 crore from Tata Sons and Singapore Airlines. The loss-making Air India, which is jointly owned by Tata Sons and Singapore Airlines, has been facing certain headwinds in recent times. In one of the worst air accidents, Air India's Boeing 787-8 Dreamliner enroute to London Gatwick crashed soon after take-off from Ahmedabad ...Read More >
Mumbai, India - A Unit Linked Insurance Plan (ULIP) is a financial instrument that strategically combines essential life insurance coverage with market-linked investment growth in a single policy. During periods marked by frequent and rapid changes in financial markets, ULIPs from platforms like Tata AIA have demonstrated notable growth. These plans offer policyholders life cover to secure their future, coupled with the handy feature to adjust their investment allocation. This dual capacity assists individuals in managing market risk while continuing to pursue long-term wealth accumulation goa ...Read More >
The Tata Group honored the World Cup-winning women's cricket team. Each player received a newly launched Tata Sierra SUV. Tata Sons Chairman N Chandrasekaran praised their performance. He compared their victory to the 1983 men's World Cup win. The felicitation took place at Bombay House. This gesture celebrates the team's achievement. Mumbai, The Tata Group on Tuesday felicitated members of the World Cup-winning women's cricket team by gifting a newly launched SUV to each of them. Tata Sons Cha ...Read More >
Kolkata: Tata Group & Tata Sons chairman N Chandrasekaran met chief minister Mamata Banerjee at state secretariat, Nabanna, to discus key matters, including potential investments in West Bengal. This meeting follows Mamata Banerjee's Singur movement, after which the Tatas pulled the Nano project out of Bengal in 2008. Chief Secretary Manoj Pant was also present at the meeting today. Chandrasekaran's visit comes a day after the Bengal government announced plans to host a 'Business & Industry Conclave' in Kolkata after Durga Puja. "There was discussion on several important issues. It would b ...Read More >
Mumbai: Tata Sons and Tata Trusts on Friday announced the formation of a Rs 500 crore welfare trust for the victims of the Air India plane crash in Ahmedabad on June 12. Tata Sons and Tata Trusts committed to contributing Rs 250 crore each to the trust. All but one of the 242 people on board the London Gatwick-bound AI-171 flight died as the Boeing 787 Dreamliner aircraft crashlanded into a medical college hostel building, close to the Sardar Vallabhbhai International Airport, just 32 seconds after take-off. The final toll rose to 260 as 19 persons lost their lives on ground. 'The AI-171 Me ...Read More >
New Delhi, Jul 18 (PTI) Tata Group on Friday announced setting up a Rs 500-crore trust - The AI-171 Memorial and Welfare Trust - for the victims of the Air India plane crash that killed 260 people in Ahmedabad last month. Tata Sons and Tata Trusts have committed Rs 250 crore each to the Trust, which has been registered as a public charitable trust in Mumbai. "The Trust will provide both immediate and continuing support to the dependents/next-of-kin of the deceased, to those who were injured, and to all others who are directly or collaterally affected by the accident," Tata Sons said in a sta ...Read More >
MUMBAI: Tata Trusts vice-chairman Vijay Singh attended the board meeting of Tata Sons on Friday, a day after resigning from his directorship. Since he had already resigned, he couldn't vote on any board agenda items but was invited to the meeting by Tata Sons to show appreciation for the contributions he had made to the board, sources said.Singh was a nominee director of Tata Trusts, the force behind Tata Sons, but at Friday's board meeting, he did not hold any special power as a nominee.Unlike other directors at Tata Sons, Tata Trusts' nominee directors have significant influence, with the ab ...Read More >
MUMBAI, India, April 2, 2026 /PRNewswire/ -- Tata Communications, a leading global communications technology player, proudly announces that it has been recognised as a Leader in the 2026 Gartner® Magic Quadrant™ for Global WAN Services, marking its thirteenth consecutive year of recognition for Completeness of Vision and Ability to Execute. Over the past year, Tata Communications has continued to redefine its Network fabric through advanced AI and analytics, offering composable, high-speed, on-demand and intent-based connectivity that supports enterprises worldwide across industries such as f ...Read More >