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Monday, March 2, 2026

Tag: Tata Sons

Air India May Post $1.6 Billion Loss; Tata Plans $2B Turnaround

ICRA reports Air India's FY2024 loss driven by Ahmedabad crash groundings. The airline targets a $200M profit in FY2025 with a new fleet and network expansion.

Tata Trusts Power Struggle: Neville Tata Appointment Blocked in SRTT

Noel Tata secures son's position on one trust but faces resistance on another as internal power dynamics continue following recent trustee ousters.

Venu Srinivasan Objects to Tata Trust Appointments in Board Meeting

Vice-Chairman Venu Srinivasan halted surprise trustee inductions at Sir Ratan Tata Trust, citing procedural concerns during dramatic board meeting.

Air India Seeks $1.14 Billion Support from Tata, Singapore Airlines

Air India requests financial bailout from owners Tata Sons and Singapore Airlines to fund operational overhaul and fleet modernization amid ongoing challenges.

Tata Trusts Reappoints Venu Srinivasan For Life Amid Internal Rifts

Tata Trusts unanimously reappoints Venu Srinivasan as lifetime trustee as focus shifts to Mehli Mistry renewal amid reported internal divisions.

Tata Trusts Reappoints Venu Srinivasan as Trustee for Life Amid Internal Conflict

Tata Trusts unanimously reappoints Venu Srinivasan as lifetime trustee while internal divisions emerge between Noel Tata and Mehli Mistry factions ahead of key decisions.

Tata Trusts Board Meeting Avoids Governance Disputes, Focuses on Projects

Tata Trusts board discusses routine healthcare and rural development matters while steering clear of recent internal governance tensions and board appointment disputes.