Bagchi, who has been serving as the global head of communications at the Tata Consultancy Services (TCS) will be reporting to Tata Sons Chairman N Chandrasekaran, in his new role
TGBL and Tata Chemicals said the proposed date of acquisition is on or after September 18
The holding company will buy stakes in group firms
Purushothaman is a former Goldman Sachs International VP and Global Economist
There is also a possibility of divesting some companies that are not on the group's priority list
According to the report, the directive will put hundreds of crores of rupees at risk
$104-bn group is again in consolidation phase under Chandrasekaran, who took over as chairman in Feb
M-cap up 29% since end-March 2014, against 72% rise in combined m-cap of all listed companies
Chairman will present future course next month to group leadership
Tata Sons' stake in Tata Motors will go up to around 31% after the buyout
Tata Sons cited 'restructuring of investment portfolio' as the reason for the planned deal
Agrawal, who will join from July, is currently the head of strategy with the Aditya Birla Group
STEM has been a big priority area for the US for the past few years now
New COO likely soon; in the process of appointing a CFO
The rationale behind the condition was to ensure stability, Tata Sons said
Group firms own shares worth Rs 8,000 cr in other operating companies
Tata Teleservices and DoCoMo have been locked in a long tussle
Analysts say thresholds for allocating capital likely
Mistry has warned of big writedowns and stressed the need for governance reforms at Tata Sons
Chandrasekaran is the first non-Parsi to take over reigns of Tata Sons