Tata group hasn't made a final decision about which companies would be folded under TCS
No call yet on which companies will be folded, group may sell smaller non-core firms
Goal is to prove how difference could be made in lives of those who need help by using technology
Shuva Mandal will join the company with effect from July
New business from innovations is set to accelerate with microbiome-based biomarkers, invented by TCS
Tata Group companies have together spent 2.8 per cent of their consolidated revenue at Rs 18,409 crore on innovations in fiscal 2016 and they have gained USD 1 billion worth in incremental benefits. "On an average we spend 2.5 to 2.8 per cent of our consolidated revenue on R&D. In fiscal 2016, it stood at 2.8 per cent, or Rs 18,409 crore. And when it comes to incremental benefits, it has been averaging at USD 1 billion per annum for the past three years or so," Gopichand Katragadda, group chief technology officer at Tata Sons, said today. He said fiscal 2017 numbers are not out yet as most of the Tata firms are yet to declare their annual results. Over the years, Tata companies showcased over 3,300 implemented innovations, which has grown over 110 per cent over the past years, under the Tata Innovista programme. The number of patents published stood at over 8,000 since the programme was launched in 2007, while the number of patents granted stood at around 2,500, he said. A ...
In the last two months, Tata Power has witnessed biggest drop in the mutual fund holding
N Chandrasekaran will be the first non-Parsi chairman of the 150-year old Tata Group
HC had earlier directed few Tata companies to keep one post of independent director vacant until further orders
According to Brand Finance Global 500 report, Tata group's position slipped to 103 from 82 last year
On January 12, TCS chief Chandrasekaran was named the new Chairman of Tata Sons
Tata Motors (1.5%), Tata Steel (0.5%) and Tata Elxsi (0.24%) fell after the announcemen
Chandrasekaran's foremost challenge will be to regain the trust and loss of reputation of the Tata group
Tata Steel, however, slumped over 1% to Rs 405, while Tata Chemicals, Tata Steel and Indian Hotels were trading flat
The Tata Trusts are governed by their trust deeds and the Maharashtra Public Trusts Act and have a unique position
Tata Metaliks, Tata Sponge, Tinplate Company, TRF, Tata Investment and Tata Chem were up in the range of 5%-19%
Wadia also said that as an independent on the board, he has no fiduciary duty towards the 'undefined Tata Group or Tata companies'
Strategy documents have a special place in the Tata group's scheme of things
Experts are divided in their advice to shareholders when voting to remove some independent directors in the Tata group
Gross debt climbed 50% between 2011-12 and 2015-16, but net debt-to-equity ratio at a nine-year low in 2015-16