UP's role to be critical in making India USD 5-trillion economy, says Tata Sons Chairman Chandrasekaran
Tata Sons Chairman N Chandrasekaran said that Tata Group sees a huge potential in sectors such as renewable energy, tourism, airlines and electric mobility, among others.
Last year on December 15, a magistrate court in the city had issued notices to Ratan Tata and the others in the criminal defamation case filed by Nusli Wadia.
Tata Steel seems to have started flexing muscles to usher in the next level of expansion in the company, but without making significant capital expenditure as it plans to bring down debt levels.
As of March 2019, at a consolidated level, the group had a debt pile of Rs 1,08,016 crore on its book, after having pared around Rs 17,864 crore during the course of FY19.
Insiders say CM Edappadi K Palaniswami and Deputy CM O Panneerselvam picked A Mohammed John and N Chandrasekaran to avoid friction with party seniors
The tenure of AIADMK MPs V Maitrayen, R Lakshmanan, T Rathinavel, K.R. Arjunan, DMK MP Kanimozhi, and CPI MP Raja will get over on July 24.
Chandrasekaran in the Tata Motors' Annual Report for 2018-19 said that electric vehicles are necessary for India.
Ousted Tata Sons chairman Cyrus Mistry today said Tata Motors had taken a unanimous decision to discontinue production of loss-making Nano almost a year back.