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May 5, 2024
Three internal candidates - Ajoy Chawla, CEO of jewellery business, Suparna Mitra, CEO of watches and wearables, and Saumen Bhaumik, CEO of eyecare business - would be evaluated by Titans 13-member board in the coming months.
April 24, 2024
Bhat and Speth, who joined the board in 2017 and 2016 respectively, hit Tata Sons mandatory retirement age of 70 over this year and next
April 9, 2024
Vistara is merging with Air India. The integration has many complexities. For instance, not all Vistara employees are happy with the roles or pay they would receive in the merged entity. Will this discontent impact Air Indiaโs operations?
March 26, 2024
N Chandrasekaran gets second term as Tata Sons chairman : Rashtra News #Chandrasekaran #term #Tata #Sons #chairman The board of the Tata Sons, the investment arm of the Tata Group, which met on Friday, commended Chandrasekaranโs performance as executive chairman and unanimously approved his reappointment, Tata Sons said in a statement. Natarajan Chandrasekaran has been
December 18, 2023
Soon after Venkataraman succeeded Bhaskar Bhat as Titan boss, Covid-19 struck. All businesses had to be rewired for employees, distributors, franchises and retail partners. Venkataramans corner-office role came with a formidable set of challenges. "The year 2019-20 was a challenging one," Titan said in its annual report for that year. "Slowdown in the growth of Indian economy, significant rise in gold prices and the onset of the Covid-19 pandemic and consequent lockdown in the mo...
November 21, 2023
“The consumer story in India is going to play out over several decades. If you take just the mobile phone and internet penetration in this country and the cost of data, it is changing the habits of Indians. It is not just the sheer size of the population, its the 21-64 population group continuing to grow that will be an opportunity.”
September 2, 2023
Mithun Sacheti, co-founder of CaratLane, has gained attention since the announcement of Titans acquisition of his remaining stake in the company for Rs 4,621 crore ($635 million) in cash. While the spotlight is new to him, Sacheti says he always knew the value of the business. Despite the large sum of money, he admits it doesnt mean much to him personally and that he would take the business back if given the opportunity. CaratLane has been growing at over 50% for the last five years and achieved...
August 12, 2023
Billionaire investor Rakesh Jhunjhunwalas top CEO picks include Bhasker Bhat of Titan Industries for exceptional leadership, citing an 85660.68% stock return in 20 years and Adi Godrej, Chairman of Godrej Group for his transparency, capital returns, despite Jhunjhunwala not holding their stocks.
August 10, 2023
Tata Sons chairman Natarajan Chandrasekaran was paid Rs. 113 crore as remuneration for 2022-23 (FY23), including Rs. 100 crore as commission on profit. Chandrasekaran, 60, often referred to as Chandra, received a remuneration of Rs. 109 crore in 2021-22 (FY22). With this, Chandra has emerged as one of the highest-paid chief executive officers (CEO) in Corporate India for FY23.