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This makes Titan the second entity of Tata Group to cross the $2 trillion mark, the first being Tata Consultancy Services, which is a Mumbai-headquartered information technology services and consulting company.
The promoters of Sterling Investment Corporation, an entity of Shapoorji Pallonji & Company Private Ltd., own a total of 9.185 per cent stake in Tata Sons which will be pledged to raise Rs. 6,600 crores.
The rumours began to surface after Bloomberg had reported earlier that the conglomerate would re-acquire the national airline 68 years after relinquishing its control to the government when Air India was nationalised in 1953.
The Tata Group, through its holding company and SpiceJet chairman Ajay Singh, is likely to make its financial bid for the airline in its personal capacity.
I would like to state that no leadership structural changes are on the anvil, as speculated in certain sections of media. Any such decisions if relevant, are taken by the Nomination and Remuneration Committee said Chandrasekaran
He also said that if the hybrid model had to work then to not think of it as only office or home, and that there was going to be a concept of a third place, he said that he called it a third place and the others may want to call it a satellite office.
Ratan Tata, a successful name in the area of business and industries, let me make you put through some of the engrossing facts about him.
The very famous quotes by the renowned businessman Ratan Tata are often an effective tool to inspire and motivate us. Let's have a glance over the way he used to see and perceive things.
The Supreme Court’s verdict in favour of Tata Group has put an end to the corporate war between Tata Group and the Mistrys.
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