Tata Sons today elevated its group CFO Saurabh Agrawal and group company Titan's managing director Bhaskar Bhat as directors on the board of the group.
The scheme, valid until December 12, 2017, would be offered across 11 projects by Tata Housing in seven cities.
The development comes close on the heels of Tata Group announcing the sale of its consumer mobile business to Bharti Airtel.
“I am being sacked” was the text message former Tata Sons chairman Cyrus P Mistry sent to his wife Rohiqa minutes after he was asked to either resign or face termination
The Mistry family, which owns 18.4 per cent of Tata Sons, had called the move "oppression of the minority interests" and stated that it would vote against the proposal. Tata Trusts holds 66 per cent in Tata Sons.
Based in Amsterdam, the merged entity will have an annual turnover of about €15bn, 48,000 employees, and annual shipments of about 21m tonnes of flat steel
Tata Steel expects to grow faster after its deal with German steel giant Thyssenkrupp.
Aa Tata Sons spokesperson said that the reinstatement of Tata Sons as a private company was considered by the board to be in the best interest of the company.
The combined market valuation of the Kumar Mangalam Birla-led listed companies stood at Rs 3,42,354.87 crore at the end of Friday's trade
India is currently producing 90 to 95 million ton of steel per annum against the world no.2 steel producer Japan, which produces around 103 million ton.
During his stint at Aditya Birla, Agrawal oversaw the multi-billion Idea-Vodafone merger
Tata Steel's UK business continues its process of transformation that is essential to create a viable future for its UK strip products business.
Tata Sons on Monday welcomed the order of an apex corporate tribunal which ruled against a petition by Cyrus Mistry's firms that had alleged mismanagement by the company.
Tata Sons on Monday welcomed the National Company Law Tribunal (NCTL) dismissing the petitions by the Cyrus Mistry camp and said that it vindicates the position of the group.
Tatas and NTT Docomo had jointly informed court that they had reached an agreement to go with the Rs 7,800 crore award given by London Court of International Arbitration
Tata Steel UK has announced that it will close the British Steel Pension Scheme to future accrual from March 31 and staff will get a new contributory scheme for their retirement savings thereafter.
The NCLT today held that the two petitions filed by Cyrus Mistry's family companies against his ouster from Tata Sons were not maintainable as they did not fulfil the eligibility criteria for approaching the tribunal.
A 2013 Comptroller and Auditor General’s (CAG) report that said the Trusts were earning a huge profit, instead of using it for charitable purposes
The High Court will now have to adjudicate the RBI’s objections to Tata’s application to buy back Docomo’s stake at Rs 58.5 a share
On his first day in office as Tata Sons chairman, N Chandrasekaran on Tuesday made it clear that he will closely monitor capital allocations and enhance shareholder returns across group companies.