The dream car of Ratan Tata Nano is going to transform into an electric vehicle under TAMO brand, swerving into an altogether a new mode for India, is not without reason as the government is likely to moot encouragement for electric vehicles in the near future, including tax concessions. It helps Tata to retain his dream car run on roads ...
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Cyrus Mistry Bows Out of Tata Group Companies, Lists Reasons
Cyrus Mistry has finally bowed to the pressure to exit from Tata Sons on Monday, October 24, 2016 but said his legal battle will continue. Here is his statement in which he listed out his version to shareholders: “Over the last five decades my family’s steadfast support for the Tata Group has been one of guardianship. We have always ensured ...
Read More »Japanese Curse? Tata Sons Sacks Cyrus Mistry, Ratan Tata is Back
In a shocking sensation to the business world, India’s Number One business conglomerate Tata Sons has ousted Cyrus Mistry as chairman and brought Ratan Tata back at the helm of affairs after the company lost a court case in a high-pitch battle in a case with erstwhile partner Japan conglomerate NTT Docomo. While the case is poised to make a ...
Read More »Nilekani Ventures into Microfinance Again, Ropes in Tata, Kelkar
Nandan Nilekani has again set his eyes on a microfinance venture after an experiment that failed a decade ago in Bangalore by his family members. This time he was able to rope in Ratan Tata, chairman emeritus of the Tata group, Nandan Nilekani, former chairman of the Unique Identification Authority of India, and former finance secretary Vijay Kelkar. Since technology ...
Read More »Smartphones to Enfield Bikes’ Online Sale Prompts Tata Vouch for E-commerce
Not a single day passes by in India without some smartphone or a computer making it big in online sale. Wednesday alone saw Lenovo selling 30,000 new K3 Note black version in 3.9 seconds and 19,800 units of the white variant in 4.3 seconds. Not far behind, heralding similar online sale for the first in motorbikes, India’s age-old Royal Enfield ...
Read More »Why Ratan Tata Acquired Xiaomi, not Micromax?
It should not come as a surprise for those who know Ratan Tata’s enthusiasm at ano car and no-nonsense approach to buy big or small companies, if it makes perfect sense. No wonder, Xiaomi has made a cut with Ratan Tata when the Chinese smartphone make said on Sunday that the chairman emeritus of the Tata group, has acquired a ...
Read More »Ratan Tata appointed to board of Interpol Foundation
Tata Sons’ Chairman Emeritus Ratan Tata has been appointed to the board of Interpol Foundation to contribute to its two global initiatives. Interpol Foundation said it was “honoured that Tata Sons Chairman Emeritus Ratan Tata has accepted to sit on its board of trustees and contribute to the success of the Protecting Cultural Property, and Modernising Channels of International Judicial ...
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