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MUMBAI: Venu Srinivasan has backed the idea of a public listing of Tata Sons, the first time that a Tata Trusts trustee has publicly supported such a move, saying that the step would be inevitable if the Reserve Bank of India classifies the group holding company as an upper layer non-banking finance company (NBFC), appearing to reflect a widening divergence of opinion at the group's top echelons. Tata Trusts vice chairman Srinivasan told ET that such a move would allow Shapoorji Pallonji (SP) G ...Read More >
New Delhi: Air India CEO Campbell Wilson Tuesday said he has resigned, leaving the Tata Group-owned airline scrambling to find his replacement by September. In a statement, Air India said Wilson had conveyed his decision of stepping down to Tata Sons chairman N Chandrasekaran back in 2024, leading many to question why the salt-to-steel conglomerate hasn't been able to set a concrete succession plan yet. "Usually, the new CEO should be in place 3-6 months prior and work with the outgoing CEO to ...Read More >
Mumbai, Apr 7 (PTI) Air India CEO & MD Campbell Wilson has resigned after helming the Tata Group-owned airline for four years that have been punctuated by multiple headwinds, including the fatal AI171 crash in June last year. The Air India board has constituted a committee that will find the successor in the coming months, a statement from the airline said on Tuesday. "Wilson had conveyed his intention to step down in 2026 to Air India Chairman N Chandrasekaran in 2024 and, since then, has bee ...Read More >
NEW DELHI, April 7 (Reuters) - Air India said on Tuesday that CEO Campbell Wilson had resigned after nearly four years in the role, as the carrier grapples with persistent losses and heightened regulatory scrutiny following a crash last year that killed 260 people. Wilson's resignation comes just days after its bigger domestic rival, IndiGo, tapped aviation veteran Willie Walsh as its next CEO. The country's two largest carriers are under pressure from an industry crisis stemming from the Midd ...Read More >
NEW DELHI: Air India chief executive Campbell Wilson has resigned, the airline announced. His departure adds fresh uncertainty to a carrier struggling with rising costs and a string of safety-related incidents. New Zealand-born Wilson was appointed in 2022 after the Tata Group took over the loss-making former state carrier. He will leave before the end of his five-year term but remain in charge until a successor is appointed. Wilson had informed group chairman N. Chandrasekaran in 2024 of hi ...Read More >
Air India's chief executive officer Campbell Wilson has resigned as the airline deals with challenges, including financial losses and the aftermath of a deadly crash last year that killed 260 people. Wilson, whose term was set to end in 2027, will stay in the role until a successor is appointed, Air India said. A former Singapore Airlines executive, Wilson was brought in to lead a turnaround after Tata Group bought Air India from the Indian government in 2022 following years of losses. During ...Read More >
New Delhi: Air India Chief Executive Officer and Managing Director, Mr Campbell Wilson on Tuesday resigned from his post. He will remain in the role until his successor is announced and in place. Air India is a statement said that Mr Wilson had conveyed his intention to step down in 2026 to Air India Chairman N. Chandrasekaran in 2024 itself and, since then, he has been working to ensure the organization and leadership team is on a stable footing for the transition. In a message to the Air Ind ...Read More >
Mumbai, Apr 7 (PTI) Tata Group-owned Air India on Tuesday announced that its CEO and MD Campbell Wilson has resigned and the airline has set up a committee to find his successor. Wilson, a native of New Zealand and a former Singapore Airlines' veteran, has been at the helm of the airline for four years as Chief Executive Officer and Managing Director. "Wilson had conveyed his intention to step down in 2026 to Air India Chairman N Chandrasekaran in 2024 and, since then, has been working to ensu ...Read More >
New Delhi: Air India on Tuesday confirmed the resignation of Chief Executive Officer and Managing Director, Campbell Wilson. In an official statement, the airline said that a committee has been constituted to find the successor in the coming months. "Wilson had conveyed his intention to step down in 2026 to Air India Chairman N. Chandrasekaran in 2024 and, since then, has been working to ensure the organisation and leadership team is on a stable footing for the transition," the airline stated. ...Read More >
New Delhi: Air India CEO Campbell Wilson has resigned, a source with direct knowledge of the matter said on Tuesday, as the airline grapples with persistent losses and heightened regulatory scrutiny following a crash last year that killed 260 people. The news of his resignation comes just days after its bigger rival IndiGo tapped aviation industry veteran Willie Walsh as its next CEO, as the country's two largest carriers come under pressure to tackle a mounting industry crisis stemming from t ...Read More >
NEW DELHI: Air India CEO Campbell Wilson has resigned, a source with direct knowledge of the matter said on Tuesday, as the airline grapples with persistent losses and heightened regulatory scrutiny following a crash last year that killed 260 people. The news of his resignation comes just days after its bigger rival IndiGo tapped aviation industry veteran Willie Walsh as its next CEO, as the country's two largest carriers come under pressure to tackle a mounting industry crisis stemming from th ...Read More >
MUMBAI: Amid financial concerns flagged by Tata Trusts chairman Noel Tata regarding Tata Sons' new ventures, the businesses are now estimated to incur a combined loss of Rs 29,000 crore in FY26, sharply higher than an earlier projection of Rs 5,700 crore, according to internal estimates reviewed by TOI.Losses for the first nine months of FY26 have already reached Rs 21,700 crore, compared with Rs 16,550 crore for all of FY25, with Tata Digital, Air India, Tata Electronics, and Tejas Networks acc ...Read More >
NEW DELHI - Air India chief executive officer Campbell Wilson has resigned, Indian newspaper Mint reported, as the airline grapples with persistent losses and heightened regulatory scrutiny following a crash in 2025 that killed 260 people. The report of the leadership change comes as the airline contends with delivery delays and persistent losses. Regulators have also reprimanded the airline for safety lapses, including flying an aircraft eight times without an airworthiness certificate and run ...Read More >
NEW DELHI: Air India CEO Campbell Wilson has resigned, Mint reported, as the airline grapples with persistent losses and heightened regulatory scrutiny following a crash last year that killed 260 people. The report of the leadership change comes as the airline contends with delivery delays and persistent losses. Regulators have also reprimanded the airline for safety lapses, including flying an aircraft eight times without an airworthiness certificate and running planes without checking emergenc ...Read More >
New Delhi, Apr 4 (PTI) Veteran industrialist Venu Srinivasan, a trustee on Tata Trusts, has resigned from the Bai Hirabai Jamsetji Tata Navsari Charitable Institution, according to sources. Although he cited other business commitments for his resignation from one of the smaller trusts in the Tata Trusts, the development followed a challenge from Mehli Mistry, a former trustee of the Tata Trusts. Comments from Srinivasan and Tata Trusts could not be obtained immediately. Mistry had challenged ...Read More >
Urges cash conservation, tighter project timing, cost control and employee support Tata Sons chairman N Chandrasekaran has cautioned group CEOs and managing directors to prepare for a tougher business environment, warning of a demand slowdown, project delays driven by supply chain disruptions, and rising costs linked to oil prices, currency movements and logistics pressures as the conflict in West Asia continues, according to sources. The message was delivered at a review meeting with over 30 ...Read More >
NEW DELHI: Tata Sons chairman N Chandrasekaran has asked over 30 CEOs and managing directors of group companies to brace for a tougher business environment, as the war in West Asia is disrupting supply chains, sources said.At a review meeting on the war's implications on Thursday, Chandrasekaran told top executives that more than 10,000 Tata employees are based in the region, including those from Voltas, TCS, Indian Hotels, and Titan (including Damas), and outlined steps to facilitate their retu ...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 ...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 Ch ...Read More >
New Delhi, Dec 16 (PTI) India is set for a power-packed presence at the World Economic Forum Annual Meeting in Swiss ski resort town of Davos next month with four union ministers including Ashwini Vaishnaw and Shivraj Singh Chouhan set to join five CMs and over 100 CEOs from the country. K Ram Mohan Naidu, Minister for Civil Aviation, and Pralhad Joshi, Minister for New & Renewable Energy, Consumer Affairs, and Food & Public Distribution, will also be part of the Indian delegation at the five-d ...Read More >
Tata Steel shares: The company announced plans to boost domestic capacity by nearly 50%, including a 4.8-million-tonne addition, aimed at strengthening market leadership and securing long-term raw material supplies. Tata Steel shares are expected to be in focus on Monday, December 15, following the company's recent announcements related to large-scale capacity expansion in India and efforts to secure long-term raw material supplies. The steelmaker is planning to increase its domestic production ...Read More >
Lucknow, Dec 15 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath on Monday met Tata Sons Chairman N Chandrasekaran to review the progress of Tata Group's existing projects in the state, and discussed their expansion and new investment proposals. According to an official statement, the meeting saw wide-ranging deliberations on long-term cooperation in sectors such as artificial intelligence (AI), information technology, electronics, defence manufacturing, energy, renewable energy, electric veh ...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 72,34 ...Read More >
Bengaluru - A boardroom shake-up in Indian conglomerate Tata Group in early October threatened to destabilise the tea-to-semiconductors business house, prompting the government to intervene. The government was so worried about the situation at the organisation - which accounts for an estimated 4 per cent of India's gross domestic product - that Home Minister Amit Shah and Finance Minister Nirmala Sitharaman met some of Tata's top leaders in a closed-door meeting in Delhi on Oct 7. The unpreced ...Read More >
Mumbai: New Delhi is stepping in to ease the turbulence building up at a critical Mumbai institution, amid mounting concerns that infighting at majority shareholder Tata Trusts could begin to impede the functioning of Tata Sons, India's most valuable business conglomerate. This week, two senior cabinet ministers will meet with four key officials of Tata group in the National Capital to discuss recent developments that have sparked concern. Tata Trusts chairman Noel Tata, vice-chairman Venu Sri ...Read More >
Guwahati, Sept 27: Assam has taken the lead in India's Swadeshi 4G revolution, with 2,053 towers already set up across the state as part of the country's first fully indigenous mobile network. The landmark project, inaugurated nationally by Prime Minister Narendra Modi in Jharsuguda, Odisha, on Saturday, marks India's entry into the league of nations with their own end-to-end telecom technology. A special event at Srimanta Sankaradeva Kalakshetra, Union Minister Jyotiraditya Scindia, Chief Min ...Read More >
Mumbai: The Economic Offences Wing of Mumbai police has recorded the statement of Shilpa Shetty's husband Raj Kundra in a Rs. 60 crore alleged fraud case. Mumbai Police shared an update in the case and stated: "Investigations are going on against actress Shilpa Shetty and her husband Raj Kundra in an alleged fraud case of Rs. 60 crore. A summon was issued by the Economic Offences Wing of Mumbai Police to Raj Kundra. He was asked to appear before police for the investigation." They further stat ...Read More >
Mandi (Himachal Pradesh) [India], September 16 (ANI): Heavy overnight rain lashed Mandi district in Himachal Pradesh, causing major destruction in Dharampur town. Mandi has been facing continuous rain since Monday night with the bus stand of Dharampur was flooded with water, police said Also Read | Dehradun Cloudburst: Massive Flooding in Karligaad Rivulet After Continuous Rainfall, 1 Missing (Watch Videos). Many buses and vehicles were swept away in the strong flow of water. "Dharampur town ...Read More >
Chennai (Tamil Nadu) [India], September 16 (ANI): AIADMK General Secretary Edappadi K Palaniswami praised the Bharatiya Janata Party (BJP) for extending consistent support to his party, especially after the demise of former Chief Minister J Jayalalithaa, while strongly criticising the DMK government for its alleged failures in maintaining law and order in Tamil Nadu. Speaking at a public meeting in Chennai to mark the birth anniversary of former Chief Minister CN Annadurai, Palaniswami said tha ...Read More >
Kolkata, Sep 16 (PTI) Economist and former CPI(M) leader Prasenjit Bose joined the Congress during a programme in the metropolis, and asserted that he would support the party in its fight to "save the Constitution". Bose (51) became a part of the Congress at a formal joining ceremony here on Monday in the presence of party leaders Ghulam Ahmad Mir, Syed Naseer Hussain and Kanhaiya Kumar, besides state unit president Subhankar Sarkar. "We have to protect the Constitution, establish a government ...Read More >
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