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n chandrasekaran

Tata Trusts: Big battle breaks out: Tata Trusts call reappointment of Chandrasekaran as chairman ‘illegal’

File photo: N Chandrasekaran A major battle has broken out at Tata Sons after Tata Trusts on Thursday called the board’s decision to reappoint N Chandrasekaran as chairman for another five-year term “illegal”, setting up a potential legal and governance dispute at the top of the Tata Group.The Trusts said the resolution approving Chandrasekaran’s reappointment...
tata sons gets 3 mth agm relief

RBI’s FAQs keep Tata Sons boxed

RBI’s FAQ clarifies why Tata Sons remains an NBFC despite being debt-free and having no direct public borrowings. MUMBAI: Even as Reserve Bank of India rejected Tata Sons’ application to surrender its registration as an NBFC in a terse letter on Friday, it updated its FAQ on NBFCs on Monday, setting out the regulatory provisions...
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