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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
In a surprise move on Wednesday, the Tata Sons chairman announced he will exit Bombay House at the end of his tenure in February 2027. He leaves at what is one of the most crucial times for the group.
N. Chandrasekaran’s decision to step down as chairman of Tata Sons comes at a point when the group is facing one of its toughest times. With his unceremonious exit, the nearly 160-year-old group finds itself at a new low, and probably at its weakest point.
One could argue that circumstances were even more adverse when Ratan Tata took over in 1991; he had to spend the next decade turning around and cleaning up several group companies. Or that Tata’s tussle with his successor, Cyrus Mistry, was the darkest chapter in the group's long and rich history. But the current upheaval …
The acquisition of IDBI Bank puts his Fairfax smack dab in the middle of the RBI’s rules on bank ownership. It must now decide whether to sell CSB Bank or merge the two lenders, neither of which will be easy.
The two new chief executives at Air India and IndiGo come with contrasting reputations but face the same challenge—do their predecessors one better.
The FMCG major acquired the maker of Ching’s Secret to make the most of its high margins, but things didn’t go to plan. Two years and a few lessons later, TCPL is trying to change that.
