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Detailed stories on technology startups, business and economic current affairs.
The flop show of the super app Tata Neu isn’t the biggest problem for Tata Sons chairman N Chandrasekaran. The new CEO he has now picked has more fundamental issues to fix.
Naveen Tahilyani must be a marked man in the $150 billion, 156-year-old Tata group right now. He has been tasked with reconstructing a house in a shambles, one that threatens to leave a blemish in an otherwise good run for Tata Sons chairman N Chandrasekaran.
Tahilyani, 49, is the newly appointed chief executive officer of Tata Digital, the e-commerce and online services unit of the Tata group. He succeeds Pratik Pal, an ex-staffer of Tata Consultancy Services who was until now considered the best man for the job given his wide experience in building digital capabilities.
As an idea, Tata …
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.
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.