Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

Tata Group chairman <keyword id="19981455" type="General" weightage="100" keywordseo="Ratan-Tata" source="keywords">Ratan Tata</keyword> breathed his last on Wednesday (October 9) at Breach Candy Hospital in Mumbai. On Monday, the industrialist was admitted to the hospital for age-related issues. As soon as the news of his death broke, people started remembering the philanthropic businessman and social media is full of reactions. From actors to other business leaders, a lot of prominent figures reacted to Ratan Tata's demise. From <keyword id="6354583" type="General" weightage="20" keywordseo="salman-khan" source="Orion">Salman Khan</keyword> and <keyword id="1655" type="General" weightage="20" keywordseo="priyanka-chopra" source="Orion">Priyanka Chopra</keyword> Jonas to Ranveer Singh and <keyword id="6357860" type="General" weightage="20" keywordseo="anushka-sharma" source="Orion">Anushka Sharma</keyword>, Bollywood celebs also expressed their sorrow on social media. Let us take a look at some reactions. Superstar Salman Khan expressed his sorrow on X (formerly Twitter), writing, “Deeply saddened by the passing of Mr. Ratan Tata,” capturing the emotional weight of the moment. Ajay Devgn echoed the sentiment, describing Tata as a visionary whose impact transcended business: “The world mourns the loss of a visionary. Ratan Tata’s legacy will forever inspire generations. His contributions to India and beyond are immeasurable. We are deeply grateful. Rest in peace, Sir.” Anushka Sharma, sharing her thoughts on Instagram, lauded Tata for his integrity and grace: “Deeply saddened by the news of Shri Ratan Tataji. He upheld the values of integrity, grace, and dignity through everything he did and was truly an icon and Taj of India. RIP sir, you have touched so many lives.” Priyanka Chopra Jonas reflected on Tata’s kindness and leadership, noting, “Through your kindness, you touched the lives of millions. Your legacy of leadership and generosity will continue to inspire generations. Thank you for your unmatched passion and dedication to everything you did for our country.” Many others in the industry also shared their admiration for Tata. Sanjay Dutt called him a beacon of integrity, saying, “India has lost a true visionary today. He was a beacon of integrity and compassion whose contributions went beyond business, impacting countless lives.” Randeep Hooda hailed Tata as “India’s most valuable man,” saying that his worth was measured by his values rather than wealth. "India’s most valuable man, not necessarily for his vast wealth, but for his values.. largest being Integrity !! Never a show off but always the star ⭐️ The life #RatanTata ji led will always be an inspiration,"Hooda wrote in a post on X. Varun Dhawan, in a heartfelt Instagram post, shared a throwback picture of Tata, simply writing, “RIP sir RATAN TATA,” while Riteish Deshmukh took to X, stating, “Deeply saddened to know that Shri #RatanTata ji is no more. Condolences to the family and loved ones. Rest In Glory Sir.” Ranveer Singh paid tribute by sharing a monochrome photo of Tata with a simple infinity emoji, highlighting the eternal impact Tata will leave on the country. Actor R Madhavan also shared his admiration, writing, “A visionary, a gentleman of the highest order, an inspiration for generations, leaves behind a void that can never be filled.” <keyword id="19959949" type="General" weightage="20" keywordseo="sushmita-sen" source="keywords">Sushmita Sen</keyword> and Karan Johar both paid their respects, while Dharmendra expressed his regret at never having met Tata, calling him a “Humble King” who treated his workers like family. “Sir, you will always be remembered with great love and respect,” he added. Filmmaker Rohit Shetty called Ratan Tata a “real hero,” while music maestro AR Rahman offered a poignant reflection: “Some icons are living textbooks, teaching us about leadership, success, and legacy. Extraordinary yet human and approachable, they inspire and guide us. India has lost a true son and champion. Rest in peace, Ratan ji.” <keyword id="19895145" type="General" weightage="20" keywordseo="vicky-kaushal" source="keywords">Vicky Kaushal</keyword> also expressed his grief, writing, “Never could meet him… but adored, admired and respected everything he said and did for society. Lost a legend. May his soul rest in peace.” Other notable tributes came from stars like SS Rajamouli, Jr NTR, Prithviraj Sukumaran, and Rana Daggubati, who all shared their deep respect for Tata’s leadership and humanitarian work. Rajamouli, in particular, remarked, “Legends are born, and they live forever… Ratan Tata’s legacy is woven into everyday life.” The passing of Ratan Tata has left a profound void, but the legacy he has built in business, philanthropy, and ethics will continue to inspire and guide future generations.

'Humble king who looked after his workers like children': Bollywood reacts to Ratan Tata’s demise

<ul><li>Captains of India Inc came out in droves to express shock over <keyword id="6356895" type="General" weightage="100" keywordseo="Cyrus-Mistry" source="Orion">Cyrus Mistry</keyword>’s death. </li><li>Prime Minister Narendra Modi says Mistry was a business leader who believed in India’s economic prowess.</li><li>Cyrus Mistry was a warm, friendly, and congenial person who built a strong relationship with the TCS family, said a statement by the company. </li><li>Maharashtra Deputy Chief Minister Devendra Fadnavis asks police to conduct a detailed investigation into the road accident that killed Cyrus Mistry.</li></ul>From disbelief to grief, the sudden death of Cyrus Mistry, the former boss of <keyword id="46894" type="General" weightage="20" keywordseo="tata-sons" source="Orion">Tata Sons</keyword>, evoked many reactions from people from all walks of life. Many from corporate India took to social networking platform Twitter to express their shock, while many of his friends contacted by BI said they were in a state of shock and could not comment on the matter. Prime Minister Narendra Modi in his tweet said: “The untimely demise of Shri Cyrus Mistry is shocking. He was a promising business leader who believed in India’s economic prowess. His passing away is a big loss to the world of commerce and industry. Condolences to his family and friends. May his soul rest in peace.” On a journey back from Ahmedabad, local sources in Palghar, said that a Mercedes with four people in it hit a divider and killed two people in the car instantly. One of them was Cyrus Mistry. <cmsannotation type="cmsannotation" annotationid="Cyrus was a warm, friendly, and congenial person: TCS" comment="subhead" text="Cyrus was a warm, friendly, and congenial person: TCS">Cyrus was a warm, friendly, and congenial person: TCS</cmsannotation> “Tata Consultancy Services mourns the untimely demise of our former chairman, Shri Cyrus Mistry. He was a warm, friendly, and congenial person who built a strong relationship with the TCS family during his time as the Chairman of the company. We offer our deepest condolences and prayers to his family and friends in their time of loss,” said a statement by TCS. Finance MInister Nirmala Sitharaman said that his death had come as a shock. She said that he was committed to carrying forward and strengthening his business in infrastructure and infra projects. "He desired to keep contributing to India's economic progress. Condolences to his family and friends," the FM said on micro-blogging site Twitter. Mistry was the sixth chairman of the <keyword id="8555" type="General" weightage="20" keywordseo="tata" source="Orion">Tata</keyword> Sons board and only second from outside the Tata family. He was ousted in a boardroom coup in October 2016, following which he fought a bitter legal battle with Tata Sons. Mistry’s family holds 18.37% in Tata Sons. Even as the who’s who of the country expressed their shock and disbelief, Maharashtra’s Deputy Chief Minister Devendra Fadnavis asked the police to conduct a detailed investigation into the road accident that killed Cyrus Mistry. Congress leader Rahul Gandhi also took to Twitter and said: “Saddened by the tragic news of the sudden news of demise of former Chairman of Tata Sons, Cyrus Mistry. He was among the brightest business minds of the country, who made a significant contribution to India’s growth story.” Gandhi offered his condolences to Mistry’s friends, family and admirers. Despite his high profile legal battle with the Tata Sons board, Mistry had admirers undoubtedly. Harsh Goenka of the RPG Group also took to Twitter to say that he was shocked to hear of the news of his sudden demise. Calling him a friend, gentleman and a man of substance, Goenka said, “He was instrumental in creating the global construction giant Shapoorji Pallonji and ably led the Tata Group. Similarly, CP Gurnani of Tech Mahindra said that the industry had lost a “brilliant mind and a gentle soul”. Many others like Ashishkumar CHauhan of the National Stock Exchange and Road Transport Minister Nitin Gadkari express condolences. Professor Nirmalaya Kumar, former member of the Group Executive Council at Tata Sons, took to Twitter to say: “My dear friend, ex-boss and chairman of Tata Sons. Thank you for the life lessons. Inconsolable - We shared a laugh last month on a park bench in London. RIP.” He further said that Mistry had given him an opportunity that no one else would have and mentored him with patience.

Cyrus and I shared a laugh last month on a bench in London, says former strategy head of Tata Sons

Tata Sons just won the bid for ownership of Air India in a full-circle moment - see the airline's 89-year history

Fakir Chand Kohli, the founder and the first CEO of <keyword id="6357585" type="DOMAIN" weightage="20" keywordseo="tata-consultancy-services">Tata Consultancy Services</keyword> (TCS), passed away on Thursday after reportedly suffering a heart attack. He was 96. A recipient of the Padma Bhushan, Kohli is called the 'Father of Indian IT Industry' and is credited for pioneering the technology revolution in India. Mourning the passing of Kohli, TCS, in statement, noted that Kohli joined the company in 1969 at the behest of J.R.D. Tata. He pivoted the first into management consultancy, and then over the next two decades, into software development, helping the organisation navigate multiple technology waves over two and a half decades by continually investing in people and staying relevant to customers, it said. Kohli stepped down as TCS' CEO in 1996 and continued to play an active role in promoting technology to solve the country's social problems. <keyword id="46894" type="COMPANY" weightage="20" keywordseo="Tata-Sons">Tata Sons</keyword> Chairman N. Chandrasekaran said: "I am deeply saddened by the news that Mr F.C. Kohli passed away this afternoon. He was a true legend, who laid the very foundations for India's spectacular IT revolution and set the stage for the dynamic modern economy we enjoy today." He said that Kohli led innovations in areas far-ranging from adult literacy, water purification, software engineering, software automation, complex systems and cybernetics. "I have had the honour and privilege of working with and learning from Mr. Kohli from the day he hired me as a trainee in TCS. Despite his momentous achievements, his simplicity and thoughtfulness is a lesson for us all. His enduring optimism and his ability to make ambitious bets leaves a legacy - one that has advanced a nation," Chandrasekaran said. TCS CEO and Managing Director Rajesh Gopinathan described Kohli as a true visionary, showing amazing foresight in harnessing the rich engineering talent available in India to create an entire new industry that defied all odds and grew to be a global powerhouse. TCS' former CEO S. Ramadorai said that Kohli was a brilliant technocrat and a business leader with varied interests. He was passionate about the development of the nation and its youth, he added. Industry body NASSCOM said: "A true visionary and the father of the Indian software industry - FC Kohli will always be remembered for his pioneering contributions to the sector and remarkable leadership at NASSCOM. Our condolences to his family." He was the President of NASSCOM during 1995-96. Kohli was born in Peshawar, where he did his schooling and did his college-level education in Lahore. He later went to Queen's University, Canada and completed B.Sc (Hons) in Electrical Engineering in 1948 and did his MS in <keyword id="6603085" type="UNKNOWN" weightage="20" keywordseo="Mechanical-Engineering">Mechanical engineering</keyword> from <keyword id="588039" type="COMPANY" weightage="20" keywordseo="The-Massachusetts-Institute-of-Technology">the Massachusetts Institute of Technology</keyword> in 1950. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/checkout-top-electric-cars-price-from-delhi-mumbai-chennai-bengaluru-kolkata/articleshow/79429631.cms" data-type="tilCustomLink">From Tata Nexon EV and MG ZS EV to Hyundai Kona Electric — here’s how much top electric cars cost in India</a> <a href="https://www.businessinsider.in/science/news/astrazeneca-will-likely-re-test-its-covid-19-vaccine-ceo-says-after-admitting-an-error-in-the-first-trial-that-may-have-skewed-results/articleshow/79434619.cms" data-type="tilCustomLink">AstraZeneca will likely retest its COVID-19 vaccine, CEO says after admitting an error in the first trial that may have skewed results</a>

FC Kohli, 'father' of India's IT industry and TCS founder, passes away at 96

<ul><li>Tata Sons Chairman N Chandrasekkharan made a big revelation at the Annual General Meeting.</li><li>The very nature of this business demands continuous investment in product and technology development, he said.</li><li>Jaguar Land Rover's depleting fortunes have been a big drag on Tata Motors.</li></ul>British luxury car maker Jaguar Land Rover (JLR) has been a white elephant for Tata Motors. Revenue from JLR fell by a billion dollars in the year ending March 2019 and made profit in only one of the four quarters last year. Last year, Tata Motors had to take an impairment-- write down the value-- of ₹27,838 crore due to weak sales and profitability at JLR. Things continue to look bleak even after 4,500 jobs were axed. This posed a question in front of N Chandrasekharan, the Chairman of the group's parent Tata Sons, on how long will the conglomerate continue to back the bleeding giant. "A company cannot shut the cash tap as the very nature of this business demands continuous investment in product and technology development," he <a href="https://www.indiatvnews.com/auto/cars-jaguar-land-rover-looking-for-financial-partnership-in-china-tata-chairman-n-chandrasekaran-539207" data-type="tilCustomLink" target="_blank">reportedly</a> said at the Annual General Meeting. "There are many discussions from tactical to strategic for such partnerships. Opportunities are coming and we keep evaluating them and as long as it is in the interest of Tata Motors. We will forge such partnerships so that we are able to address the capex issue," he told the shareholders. Tata Motors has already joined hands with German giant and rival BMW recently for a collaboration for manufacturing electric vehicles under the JLR banner. SEE ALSO: Audi's year of the eight- Audi India MD Rahil Ansari in conversation with Sriram Iyer 
 
 
 <div type="Youtube" id="R4HVmaowq4k" title="Audi's year of the eight- Audi India MD Rahil Ansari in conversation with Sriram Iyer" thumbUrl="https://i.ytimg.com/vi/R4HVmaowq4k/mqdefault.jpg"></div>







 Any recovery for the JLR hinges a lot on how Brexit unfolds. “Uncertainty around an orderly outcome of Brexit negotiations and the evolving global tariffs situation pose risks, in particular to TML's JLR business, which faces a significant level of production-sales mismatch due to concentration of its production base in the UK,” global ratings agency Fitch said while downgrading Tata Motors for JLR's troubles. Aside from Brexit, the US-China trade war and <a href="https://economictimes.indiatimes.com/markets/stocks/news/tata-motors-mulls-selling-stake-in-jlr-agencies/articleshow/68216938.cms">signs</a> of a slowdown in the global economy are also compounding JLR's problems. China has traditionally been one of the biggest markets for the luxury car but sale volumes fell a sharp 29% between April and June this year, compared to the same time last year. A month back, credit rating agency Moody’s had downgraded Tata Motors. In addition to JLR related troubles, Tata Motors’ domestic business is also troubled by a general slowdown in the auto market. In June 2019, Tata Motors <a href="https://www.moneycontrol.com/news/business/companies/tata-motors-global-sales-dip-5-in-june-4195251.html">reported </a>a 14% decline in India sales, while a 5% drop was seen in global sales. The stock has lost over 50% of its value in the last one year. 
 
 
 
 
 <div type="javascript" title="Custom" contenttype="Image"><cdata><![CDATA[
<div class="flourish-embed" data-src="visualisation/551517"></div>
]]></cdata></div>









 SEE ALSO: <a href="https://www.businessinsider.in/cbi-accuses-rolls-royce-of-bribing-hal-ongc-and-gail-officials/articleshow/70451323.cms" data-type="tilCustomLink" target="_blank">Rolls Royce bribed officials in government companies in India, says premier investigation agency</a> <a href="https://www.businessinsider.in/share-price-of-maruti-tata-motors-and-mahindra-fall-as-government-pushes-for-electric-cars/articleshow/70430370.cms" data-type="tilCustomLink" target="_blank">India's push for electric vehicles is haemorrhaging car makers</a> <a href="https://www.businessinsider.in/gst-council-slashes-tax-on-evs-and-ev-chargers/articleshow/70407724.cms" data-type="tilCustomLink" target="_blank">Buy electric vehicles for less now, GST council slashes rate from 12% to 5%</a> <a href="https://www.businessinsider.in/nissan-may-lay-off-over-1700-employees-in-india/articleshow/70389996.cms" data-type="tilCustomLink" target="_blank">Nissan may lay off over 1,700 employees in India as car sales slow down</a> <a href="https://www.businessinsider.in/Top-10-electric-cars-that-people-are-excited-about/Tesla-Model-X-507990-searches/slideshow/70404198.cms" data-type="tilCustomLink" target="_blank">Top 10 electric cars that people are excited about</a>

Tata Motors is looking for partnerships to revive Jaguar Land Rover

<ul><li>The five businesses that made the most <keyword id="6355005" type="UNKNOWN" weightage="20" keywordseo="news">news</keyword> in the year are <keyword id="6355199" type="ORGANIZATION" weightage="20" keywordseo="reliance-industries">Reliance Industries</keyword>, <keyword id="6358200" type="ORGANIZATION" weightage="20" keywordseo="jet-airways">Jet Airways</keyword>, Amazon India, <keyword id="46894" type="PERSON" weightage="20" keywordseo="Tata-Sons">Tata Sons</keyword> and <keyword id="6354706" type="DEFINITION" weightage="20" keywordseo="IndiGo">Indigo</keyword> Airlines.</li><li>A report made by the technology led PR platform Wizikey shared insights into what made these companies the newsmakers of 2019. </li><li>From Reliance’s AGM to Jet Airways downfall, it was a mix of good and bad that brought these companies in the news.</li></ul>2019 was a year of headlines – from Indian general elections to the economic slowdown. Businesses have been at the receiving end – from those which shut shop to those that opened new doors to success. The top five businesses that generated the most news are Reliance Industries, Jet Airways, Amazon India, Tata Sons and Indigo Airlines, according to a report by the technology-led PR platform Wizikey. They stayed in the news for both good and bad reasons. Reliance Industries Mukesh Ambani-led Reliance recently created history in the stock market with its market cap crossing ₹10 lakh crore. It was the first Indian company to do so. But that wasn’t the only news that caught everyone’s attention. The stock and the company has been buzzing especially during the second half of the year. According to the Wizikey report, Reliance holds the credit for one-third of the total news created by the top 5 companies. The busiest news month for the company was in August, when it held its annual general meeting. At the AGM, Ambani made major announcements -- like fundraising apart from unveiling next-gen technology. <div type="Article" hostid="261" msid="70638299" title="Mukesh Ambani's speech at the Reliance Industries AGM had ten big takeaways" mstype="2" mssubtype="0"></div>

 Jet Airways The Indian airlines shut shop in April this year and not surprisingly, that was the month it was mentioned the most. The report said that the most common buzzwords around Jet Airways were “flight cancellation, aircraft grounding, insolvency proceedings, debt resolution and management takeover”. <div type="Article" hostid="261" msid="69878191" title="It’s official-- Jet Airways is bankrupt, declares a Indian court on the same day the share price jumped 93%" mstype="2" mssubtype="0"></div>

 IndiGo Accompanying Jet Airways in the newsmakers sector, was one of India’s largest airlines – IndiGo. Having gained from the collapse of Jet Airways, with more bookings coming its way, IndiGo too had its fair share of trouble. A feud between its founders Rahul Bhatia and Rakesh Gangwal over company’s control took an ugly turn. Both of them had landed in the courts in July 2019, after Gangawal’s sensational expose on the workings of the airline. <div type="Article" hostid="261" msid="71740625" title="Indigo debt has swollen by seven times in one year" mstype="2" mssubtype="0"></div>

 Amazon India Amazon India has been generating both good and bad news this year. “Amazon saw itself being mentioned the most throughout the year - for all the wrong reasons,” said the Wizikey report. October was the month of most mentions, after the Department for Promotion of Industry and Internal Trade called in the e-commerce giant for its <a href="https://www.businessinsider.in/business/ecommerce/news/headline-amazon-dismisses-deep-discounts-and-says-sellers-set-their-own-pricesamazon-dismisses-deep-discounts-and-says-sellers-set-their-own-prices/articleshow/72450155.cms">deep discounts</a> and possible foul play. But it was also the festive month, where Amazon’s great sales kept it in the news. <div type="Article" hostid="261" msid="70222978" title="Amazon India sets up ‘war rooms’ to handle Prime Day pressure" mstype="2" mssubtype="0"></div>

 Tata Sons Tata Sons owe their “newsy” year to one person – Dr Subrahmanyam Jaishankar, when he was appointed the Minister for External Affairs. Jaishankar held the post of President, Global corporate affairs at Tata Sons, which is why his appointment in the ministry shared the spotlight on the company. But that’s not all. “Rumours around Jaguar being sold to BMW saw Tata mentioned in the news early in the year,” said the report. Tata’s interest in Jet Airways too got them a lot of space in the papers. <div type="Article" hostid="261" msid="71802900" title="Not just Tata Motors, a lot of other companies are excited by Jaguar Land Rover numbers" mstype="2" mssubtype="0"></div>

Mukesh Ambani’s Reliance, Jet Airways and other top newsmakers of 2019

<ul><li>The National Company Law Appellate Tribunal (NCLAT) has said that <keyword id="6356895" type="ORGANIZATION" weightage="20" keywordseo="cyrus-mistry">Cyrus Mistry</keyword>’s removal as the Chairman of <keyword id="46894" type="PERSON" weightage="20" keywordseo="Tata-Sons">Tata Sons</keyword> is illegal.</li><li>The stock market, which was nearing closing, saw that the share price of almost all <keyword id="6355725" type="ORGANIZATION" weightage="20" keywordseo="tata-group">Tata Group</keyword> companies fell. </li><li>Tata Motors fell by almost 3% closing at ₹175. </li></ul>The National Company Law Appellate Tribunal (NCLAT) has said that Cyrus Mistry’s removal as the Chairman of Tata Sons is illegal and that his position should be restored. As soon as the news broke during stock closing time, almost all the group company stocks fell. Tata Motors fell by almost 3% closing at ₹175. In the morning the company was trading at a seven month high of ₹185. <table style="border-width: initial; border-style: none; width: 468pt; table-layout: fixed;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"> </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Share price fall </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Motors </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><ul><li>3% </li></ul></td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Global Beverages </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><ul><li>3.5% </li></ul></td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Chemicals </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><ul><li>1.93% </li></ul></td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Power </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><ul><li>1.43% </li></ul></td></tr></tbody></table>Source: BSE Meanwhile the stocks of other group companies like Tata Consultancy Services, Tata Steel etc weren’t affected. Cyrus Mistry, whose family holds a majority stake in Tata Sons, was appointed as Chairman in 2012 and was ousted in 2016. <keyword id="6360722" type="UNKNOWN" weightage="20" keywordseo="ratan-tata">Ratan Tata</keyword> has asked Mistry to step down from his post as the board had lost faith in him. However, Mistry’s refusal to leave had resulted in the very public spat between Tata and Mistry. Mistry was later replaced by the former TCS CEO, <keyword id="539517" type="PERSON" weightage="20" keywordseo="N-Chandrasekharan">N Chandrasekharan</keyword>. While upholding Mistry's appeal, the court has also admitted that there was 'mismanagement' by the Tata Sons Board and interference by Ratan Tata, as alleged by Mistry. This has cast a shadow on the Group's hallowed reputation and has planted suspicion in the minds of the investors who would wonder what these wrong decisions were. See Also: <a href="https://www.businessinsider.in/business/corporates/news/cyrus-mistry-can-return-as-tata-sons-chairman-three-years-after-he-was-thrown-out-by-ratan-tata/articleshow/72868406.cms">Cyrus Mistry can return as Tata Sons Chairman three years after he was thrown out by Ratan Tata</a>

Tata Group stocks tumble after Mistry's legal win casts a shadow on the conglomerate's hallowed reputation

<ul><li>The Indian stock markets could open on a flat note on September 16 after hitting new highs on the previous day.</li><li>Trends on SGX <keyword id="6354813" type="General" weightage="20" keywordseo="nifty" source="Orion">Nifty</keyword> showed a decline of 3 points, suggesting that Nifty could have a tepid opening amid mixed cues in other Asian markets.</li><li>Telecom, Auto and Tata group could be among the top stocks to watch out for on September 16.</li></ul><cmsannotation type="cmsannotation" annotationid="Telecom stocks" comment="subhead" text="Telecom stocks">Telecom stocks</cmsannotation> The government’s highly-awaited <a href="https://www.businessinsider.in/business/telecom/news/telecom-relief-package-airtel-vodafone-idea-get-four-year-moratorium-on-agr-dues/articleshow/86227218.cms">telecom relief package</a> is finally here, offering a four-year moratorium on AGR and spectrum dues. Vodafone Idea and Airtel to benefit the most, but analysts are divided on whether this is enough to help Vodafone Idea survive. <cmsannotation type="cmsannotation" annotationid="Auto stocks" comment="subhead" text="Auto stocks">Auto stocks</cmsannotation> The Indian government <a href="https://www.businessinsider.in/business/news/government-approves-26058-crore-pli-scheme-for-auto-and-drone-industries/articleshow/86228285.cms">announced</a> a production-linked incentive scheme worth ₹26,000 crore for auto and auto component makers. The focus will be on promoting hydrogen fuel vehicles and electric vehicles. <cmsannotation type="cmsannotation" annotationid="Tata group" comment="subhead" text="Tata group">Tata group</cmsannotation> Has <a href="https://www.businessinsider.in/business/news/tata-sons-submits-financial-bid-for-air-india-spicejets-ajay-singh-still-in-the-race/articleshow/86230882.cms">submitted</a> a bid for Air India. Tata Sons’ chairman N Chandrasekaran also rejected news reports that the company is considering a revamp of its leadership structure. <cmsannotation type="cmsannotation" annotationid="SpiceJet" comment="subhead" text="SpiceJet">SpiceJet</cmsannotation> The airline’s owner Ajay Singh has also submitted a bid for Air India, according to media reports. <cmsannotation type="cmsannotation" annotationid="Wipro" comment="subhead" text="Wipro">Wipro</cmsannotation> Bagged a multi-year IT managed services contract from the Kuala Lumpur-based Maxis Broadband. <cmsannotation type="cmsannotation" annotationid="Zee Entertainment" comment="subhead" text="Zee Entertainment">Zee Entertainment</cmsannotation> Rated ‘Underweight’ by JP Morgan, with a price target of ₹320. After <a href="https://www.businessinsider.in/stock-market/news/zee-entertainment-shares-hits-upper-circuit-after-two-independent-directors-resign-on-investors-demand/articleshow/86189814.cms">rallying</a> 40% on Tuesday, Zee Entertainment’s stock ended slightly in the negative yesterday. <cmsannotation type="cmsannotation" annotationid="IPO Watch" comment="subhead" text="IPO Watch">IPO Watch</cmsannotation> <a href="https://www.businessinsider.in/stock-market/news/sansera-engineering-ipo-most-likely-to-open-on-september-14/articleshow/86012856.cms">Sansera Engineering IPO</a> fully subscribed on Day 2. Today is the last day to subscribe to the IPO. <cmsannotation type="cmsannotation" annotationid="HG Infra Engineering" comment="subhead" text="HG Infra Engineering">HG Infra Engineering</cmsannotation> Bagged two projects from the National Highways Authority of India, and was declared as the lower bidder for a ₹448 crore project in Rajasthan. <cmsannotation type="cmsannotation" annotationid="CEAT" comment="subhead" text="CEAT">CEAT</cmsannotation> Received shareholder approval to issue ₹500 crore worth non-convertible debentures. SEE ALSO: <a href="https://www.businessinsider.in/business/telecom/news/telecom-relief-package-airtel-vodafone-idea-get-four-year-moratorium-on-agr-dues/articleshow/86227218.cms">Indian government dials M for moratorium – Airtel, Vodafone Idea get a four-year relief on AGR dues</a> <a href="https://www.businessinsider.in/business/news/tata-sons-submits-financial-bid-for-air-india-spicejets-ajay-singh-still-in-the-race/articleshow/86230882.cms">Tata Sons submits financial bid for Air India, SpiceJet's Ajay Singh still in the race</a> <a href="https://www.businessinsider.in/business/news/government-approves-26058-crore-pli-scheme-for-auto-and-drone-industries/articleshow/86228285.cms">Government approves ₹26,058 crore PLI scheme for auto and drone industries</a>

Airtel, Vodafone Idea, Tata group and other top stocks to watch out for on September 16

<a href="http://www.businessinsider.in/searchresult.cms?query=chandrasekeran&amp;sortorder=effectivedate">TCS CEO N Chandrasekaran</a> is the new chairman of <keyword id="46894" type="PERSON" weightage="100" keywordseo="Tata-Sons">Tata Sons</keyword>. The announcement comes months after removal of <a href="http://www.businessinsider.in/searchresult.cms?query=cyrus+mistry&amp;sortorder=effectivedate">Cyrus Mistry</a>. 
 
<a href="http://www.businessinsider.in/searchresult.cms?query=ratan+tata&amp;sortorder=effectivedate">Ratan Tata</a> was handling the top position since November and had formed a panel to decide on the new name. 
 <keyword id="56148" type="PERSON" weightage="100" keywordseo="Chandrasekaran">Chandrasekaran</keyword> was the top most choice of the panel. <keyword id="796" type="PERSON" weightage="20" keywordseo="Chandra">Chandra</keyword>sekaran, who is fondly known as Chandra, took over as <a href="http://www.businessinsider.in/searchresult.cms?query=TCS&amp;sortorder=effectivedate">TCS </a>CEO and MD in 2009. 
 
Since then, he has proven to be the right choice as he tough several tough decisions for India’s biggest IT conglomerate. 
 Under Chandrasekaran’s leadership, <keyword id="6357150" type="CITY" weightage="20" keywordseo="TCS">TCS</keyword> saw three-fold growth from Rs 30,000 crore ($6.34 billion) in 2010 to Rs 1.09 lakh crore ($16.5 billion) in FY16. Profits also jumped more than three times from Rs 7,093 crore to Rs 24,375 crore. 
 TCS, which is Tatas’ cash cow, now accounts for 60% of the <keyword id="6355725" type="CITY" weightage="20" keywordseo="Tata-Group">Tata Group</keyword>'s combined market cap of $116 billion, besides contributing 70% to Tata Sons' revenue, which comes from dividends of its listed entities. 
 Meanwhile, <keyword id="283473" type="PERSON" weightage="20" keywordseo="Rajesh-Gopinath">Rajesh Gopinath</keyword> will take over from Chandrasekaran to be the new TCS CEO.

Breaking News: N Chandrasekaran is the new Tata Sons Chairman

There are so many things that one can learn from <keyword id="6360722" type="PERSON" weightage="100" keywordseo="ratan-tata">Ratan Tata</keyword>, and the art of keeping employees motivated is one of them. On Friday, the <a href="http://www.businessinsider.in/ratan-tata-is-not-stepping-down-from-tata-trusts-rubbishes-reports/articleshow/56018782.cms">chairman of Tata Trusts</a> called all employees of the Tata group "inheritors and custodians of the Trusts" and of its "belief in making a sustainable change" in society. 
 The <keyword id="123235" type="COMPANY" weightage="100" keywordseo="Charitable-Trust">charitable trust</keyword> owns 66% of <keyword id="46894" type="PERSON" weightage="100" keywordseo="Tata-Sons">Tata Sons</keyword>, which is the holding entity of all companies controlled by the conglomerate that deals in a variety of interests, ranging from salt, cars, technology and steel. 
 
Also read: <a href="http://www.businessinsider.in/jlr-unveils-range-rover-velar-thanks-ratan-tata-for-showing-faith/articleshow/57430509.cms">JLR unveils Range Rover Velar, thanks Ratan Tata for showing faith</a> 
 
"You bring your zeal, your vigor, your integrity and most importantly your hard work. It is because of you that we can derive and obtain the opportunity and the privilege to serve our community and through that, our nation," Tata wrote in a letter on the occasion of the 178th birth anniversary of Tata Trusts founder Jamsetji Nusserwanji Tata. It’s also the 125th year of the philanthropic organization. 
 
It was in 1892 that Tata Trusts was set up, in the form of the JN Tata Endowment, followed by Sir Ratan Tata trust in 1919, Sir Dorabji Tata Trust in 1932, the JRD Tata Trust in 1944, the Navajbai Ratan Tata Trust Jamsetji Tata Trust in 1974 and lastly, the Tata Education and Development Trust in 2008. 
 
The trust deals in healthcare, water, rural upliftment, energy, education, relief, rehabilitation and individual grants, and boasts of the creation of institutes such as the Indian Institute of Science, Tata Memorial Hospital, Tata Institute of Social Sciences and the National Centre for the Performing Arts, all reputed names in their respective fields. 
 However, only recently it was in the news because of former Tata Sons chairman <keyword id="6356895" type="PERSON" weightage="20" keywordseo="Cyrus-Mistry">Cyrus Mistry</keyword> <a href="http://www.businessinsider.in/war-intensifies-cyrus-mistry-is-going-to-challenge-chandrasekarans-appointment-as-tata-sons-chairman/articleshow/56642005.cms">questioning its governance structure</a> and ambit of power. It was October 24, 2016 that Mystry was <a href="http://www.businessinsider.in/cyrus-mistry-removed-as-tata-sons-director/articleshow/57003221.cms">ousted from his post</a>, which led to the feud. 
 
Four months later, on February 21 2017, <a href="http://www.businessinsider.in/this-is-how-new-chairman-chandrasekaran-is-going-to-enhance-operational-expertise-at-tata/articleshow/57307123.cms">N. Chandrasekaran</a> was appointed the <a href="http://www.businessinsider.in/N-Chandrasekaran-takes-charge-as-Tata-Group-Chairman-this-is-what-he-said-after-taking-over-the-reins/articleshow/57267209.cms">new chairman</a> of the Tata group. Chandrasekaran had earlier served as the <a href="http://www.businessinsider.in/chandrasekaran-moving-out-of-tcs-may-be-alarming-for-most-profitable-it-company/articleshow/56564074.cms">CEO of TCS</a>. 
 
Chandrasekaran also wrote a letter of encouragement to his employees, saying that higher shareholder value and business performance can be achieved if the conglomerate focuses relentlessly on customers and use innovation to reinvent its businesses. 
 
(Image source: Garavi Gujarat)

You Searched For "Tata Sons news" and got 10 results

'Humble king who looked after his workers like children': Bollywood reacts to Ratan Tata’s demise

Divyanshi Sharma

Cyrus and I shared a laugh last month on a bench in London, says former strategy head of Tata Sons

Malini Bhupta

Tata Sons just won the bid for ownership of Air India in a full-circle moment - see the airline's 89-year history

Taylor Rains

FC Kohli, 'father' of India's IT industry and TCS founder, passes away at 96

IANS

Tata Motors is looking for partnerships to revive Jaguar Land Rover

Sriram Iyer

Mukesh Ambani’s Reliance, Jet Airways and other top newsmakers of 2019

Sanchita Dash

Tata Group stocks tumble after Mistry's legal win casts a shadow on the conglomerate's hallowed reputation

Sanchita Dash

Airtel, Vodafone Idea, Tata group and other top stocks to watch out for on September 16

Rounak Jain

Breaking News: N Chandrasekaran is the new Tata Sons Chairman

Akanksha Jain

Ratan Tata calls Tata employees inheritors and custodians of Tata Trusts

BI India Bureau

Popular Keywords

Buying Guides