The EV business in the commercial vehicles segment will remain with the parent company and is out of the purview of this deal
Both Tata and Chandrasekaran were reacting to media reports that a new CEO position will be created in Tata Sons to oversee the group's business
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
Under the plan being proposed, the CEO will guide the sprawling businesses of the 153-year-old Tata empire, while the chairman will oversee the chief executive on behalf of shareholders, say sources
The shareholders will vote on raising fresh debt when group has made ambitious plans to make big splash in e-commerce and buying Air India from central govt
Globally, every country, including India, is looking at reducing its dependence on imports for chips and moving towards self-sufficiency
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Online meeting is scheduled to take place on Sept 14
Tata Sons Chairman N Chandrasekaran on Tuesday met Finance Minister Nirmala Sitharaman
Tata group chairman's remarks come at a time when automobile makers across the world are facing a severe shortage of semiconductors, hitting their businesses
At present, EVs account for 2 per cent of the company's passenger vehicle (PV) sales
The firm is also investing on development of hydrogen fuel cell vehicles, company Chairman N Chandrasekaran said
Tata Motors lost 91 people from its ecosystem due to COVID-19 and it "will do everything" it can to support their families, company Chairman N Chandrasekaran said on Friday.
Chandrasekaran was appointed as non-independent non-executive director of the firm on February 11, 2017.
Eight O'Clock Coffee to be launched next week in India
He will continue as a consultant to the company till the end of this fiscal year, the company said in an exchange filing
Tata Sons Chairman N Chandrasekaran said workplaces will benefit from allowing staff greater leeway with the help of technology
The company said in its annual report for FY21 said that in a highly fragmented global IT services market, it has grown at twice the rate of market growth over the past decade
Tata Group's holding company ends FY21 with higher stake in key arms
The Reserve Bank of India (RBI) bought about Rs 26,000 crore of bonds from the secondary market anonymously on February 12, a day after it bought Rs 20,000 crore as part of its announced OMOs