Tata Sons News
Govt eyes ₹2.5 trillion proposed investment in North eastern region ahead of summit: Scindia
The focus sectors for investment include energy, agriculture and allied industries, tourism and hospitality, infrastructure and logistics, textiles, handloom and handicrafts, IT and ITeS, education and skill, healthcare, and entertainment and sports.
2 min read14 May 2025Company Outsider: Glaring contrast between the actions of Tata Sons and Kohl Corp over governance lapses
Kohl Corp recently fired its CEO, Ashley Buchanan, just four months into his job, for a breach of its code of ethics. However, Tata Sons, the holding company of India’s most respected conglomerate, has taken a somewhat different view on a similar issue of corporate behaviour by a senior executive.
4 min read7 May 2025Tata Sons concludes probe into a top executive. Here’s the verdict
Report does not term Mukhopadhyay guilty, reasoning that the breach of Tata Code was not deliberate
5 min read29 Apr 2025Who is Aarthi Subramanian? TCS's first woman COO to take charge from May 1, 2025
Tata Consultancy Services (TCS) has appointed Tata Sons' Aarthi Subramanian as the new COO of the IT major, effective May 1, 2025 for a five year period.
1 min read15 Apr 2025N. Chandrasekaran changed Tata Capital. Now, the company is prepping for an IPO
After 22 years, India’s biggest conglomerate will once again have a listed company in the fast-growing financial services industry. While Tata Capital can set benchmarks in corporate governance, can it innovate enough to stand out in the hyper competitive industry?
10 min read14 Apr 2025Ratan Tata’s will: Why the Tata model is still an inspiration for the rich
Ratan Tata’s relatively modest wealth, as seen in his bequest, reflects the Tata Group’s structural orientation. Its commitment to charity should inspire today’s billionaires even if the Tata structure itself seems outdated.
3 min read2 Apr 2025Inside Ratan Tata's ₹10,000 crore will: Charity gets majority; here's what Shantanu Naida, family, and friends get
Ratan Tata's final will includes a wealth of ₹10,000 crore, with most assets going to a non-profit for charitable purposes. He left significant assets to Shantanu Naidu, family, friends, and pets, ensuring his legacy and philanthropic intentions continue after his passing on October 9, 2024.
2 min read1 Apr 2025CCI approves Tata Sons' plan to acquire additional 10% stake in Tata Play
The Competition Commission of India has approved Tata Sons' plan to increase stake in Tata Play, the group's content distribution arm, by an additional 10 per cent.
1 min read17 Mar 2025Tata Group's holding firm to invest ₹1,432 crore in engineering arm's rights issue
Tata Sons is set to invest ₹1,432 crore in Tata Group's engineering arm, Tata Projects rights issue. The firm will likely consider getting listed on the domestic stock markets.
1 min read14 Mar 2025Tata Electronics' proposal to acquire majority stake in Pegatron India gets CCI nod
Tata Electronics is set to acquire a majority stake in Apple's contract manufacturer Pegatron India after receiving the green light from India's antitrust regulator, CCI, on January 7.
1 min read7 Jan 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
The Gensol-BluSmart saga
On 24 February, Mint first reported, citing people familiar with the developments, that Blu-Smart Mobility, Anmol Jaggi’s privately-owned electric cab-hailing service, had defaulted on Rs 30 crore worth of bonds in early February because of a cash crunch. The company subsequently paid non-convertible debenture (NCD) holders. (Even before this development, another Mint story on 4 February had spotlighted Gensol's shareholding pattern: In September 2022, Hari Shankar Tibrewala had invested in the company, part of whose stake was taken into possession by the Government of India in late 2024.) Just 10 days after we wrote about the news of Blu-Smart facing a cash crunch, things turned worse for Gensol when Care Ratings downgraded the company to default. The rating agency's action marked the start of a downward spiral for the company, which then saw its share prices crash, leading to the invocation of promoter shares and raising questions on corporate governance. Finally, on 15 April, the market regulator, the Securities and Exchange Board of India, in an interim order, minced no words when it barred the Jaggi brothers from being at the helm and ordered Gensol to undertake a forensic audit on money siphoning. Here’s a list of all these stories by Mint to understand how the company, once the poster boy of renewable energy and EV space, unravelled.