Topic
tata
Logistics Tata Group Seeks Approval for $1 Billion Shipbuilding Investment in Kerala
Tata Group is seeking approval for a Rs100bn ($1bn) shipbuilding investment in Kerala, marking its entry into shipbuilding. Kerala chief minister V.D. Satheesan stated the state government is considering the proposal and could approve within a month. The move is part of India's broader push to expand shipbuilding capacity, supported by a $2.9bn maritime development fund.
Business Noel Tata to Step Down from Six Tata Group Company Boards in November at Age 70
Noel Tata, chairman of Tata Trusts, will step down from the boards of six Tata group companies in November when he turns 70, triggering the conglomerate's retirement age limit for non-executive directors. He will retain his seat on Tata Sons. The departure sets off boardroom changes amid internal conflict at Tata Trusts.
Business Pramit Jhaveri Returns to Tata Ecosystem, Joins NCPA Board as Independent Member
Pramit Jhaveri, former Citibank India chief, is set to join the board of the National Centre for the Performing Arts (NCPA) as an independent member, marking his return to the Tata Trusts ecosystem. He stepped down as a trustee of the Sir Dorabji Tata Trust in February and resigned as a Trusts nominee on the NCPA board, but was reappointed as an independent member in the same meeting with a five-minute gap.
Finance IHCL Targets ₹7,500 Crore Capex Over 5 Years, Expands Across Segments: Chairman N Chandrasekaran
IHCL chairman N Chandrasekaran announced a ₹6,000–7,500 crore capital expenditure plan over five years, funded through internal accruals. The company reported FY2026 revenue of ₹9,971 crore, net profit of ₹2,247 crore, and free cash flow of ₹1,450 crore. Expansion will focus on new regions and scaling Ginger hotels to 1,000.
Business Tata-backed Small Animal Hospital Board Reconstituted After Mistry Exit Amid Trust Turmoil
The board of Tata-backed Small Animal Hospital has been reconstituted following the exit of Mehli Mistry, a close confidant of the late Ratan Tata. New directors Sanjay Ubale and Dr Sheila Mukundan have joined. The hospital, which cost Rs 165 crore to build, is losing Rs 1.5 crore monthly and operating at a fraction of its capacity. Mistry's resignation was part of a wider conflict at Tata Trusts.