Tata Sons board evaluates roadmap to turn around loss-making companies
Tata Sons Chairman N Chandrasekaran and other top officials made a detailed presentation to the board members at the Bombay House group headquarters, here on Tuesday.
Tata Sons Chairman N Chandrasekaran and other top officials made a detailed presentation to the board members at the Bombay House group headquarters, here on Tuesday.
Tata Sons chairman, N Chandrasekaran, reacting on the Nashik sexual harassment case, said that the Tata Group maintains a "zero-tolerance" policy towards any form of coercion or misconduct by its employees.
He was speaking after attending the 187th birth anniversary programme of Jamsetji Nusserwanji Tata in Jamshedpur.
The announcement followed a nearly two-hour meeting between Chief Minister Hemant Soren and Tata Group Chairman N Chandrasekaran in Ranchi.
The company's revenue from operations during the first quarter declined 8 per cent year-on-year to Rs 54,771 crore compared to Rs 59,490 crore in the same period last year.
He made a pledge to protect and empower all affected communities with a commitment of Rs 500 crore for waging the "war against virus".
On December 18, the NCLAT had restored Cyrus Mistry as the Executive Chairman of Tata Group, stating that his removal was illegal.
Groundbreaking ceremonies for expansion of Tata Steel Kalinga Nagar Plant by Chairman Tata Sons Mr N Chandrasekaran, Vedanta Aluminium Refinery expansion of Anil Agarwal, seafood processing of Falcon Marine Exports were held.
Not only Tata Steel has a large capacity, Tata Motors has a significant presence with its 30 service stations and dealers network and Tata Power has four generation units here, he said.
Tata Sons Chairman N Chandrasekaran was elected President of the court of the Indian Institute of Science (IISc) for three…