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Tata Chair Chandrasekaran Skips TCS AGM Amid AI Crisis

Mint New Delhi

|

June 20, 2025

This is the first time in 18 years that the Tata Sons' chairman has missed TCS annual meeting

- Jas Bardia & Varun Sood

Natarajan Chandrasekaran skipped Tata Consultancy Services' annual general meeting on Thursday after staying away from Tata Consumer Products Ltd's shareholder meeting a day earlier, as the Tata Sons chairman battles a crisis following a deadly Air India plane crash last week.

This is the first time in 18 years that Chandrasekaran has missed TCS's shareholder meeting since he was inducted into the board in 2007. He served as the chief executive officer of TCS from 2009 to 2017, when he was picked to take over as the chair of Tata Sons. "The chairman of the board, N. Chandrasekaran, will not be able to attend the meeting due to some exigencies," said Yashaswin Sheth, TCS's company secretary.

MEER VERHALEN VAN Mint New Delhi

Mint New Delhi

EV, hydro boom to power 6x rise in battery storage by ‘47

India is preparing to meet a projected cumulative battery energy storage capacity of nearly 3 terawatt-hours (TWh) by 2047 across electric mobility, power, and electronic components, according to two people aware of the development, with electric vehicles (EVs) expected to contribute a third of the demand.

time to read

2 mins

November 27, 2025

Mint New Delhi

Mint New Delhi

Taxpayer base soars, but return filings lag sharply: CBDT data

India’s income tax base is growing faster than the number of those conscientiously filing returns, driven by the expanding reach of the tax deducted at source (TDS) system, according to latest data from the central board of direct taxes (CBDT).

time to read

3 mins

November 27, 2025

Mint New Delhi

Mint New Delhi

INSIDE THE QUIET RISE OF A GURUGRAM DEVELOPER

Rising from the ashes of NCR's property crisis, Signature Global became India’s 5th-largest listed realty firm in FY25 by sales

time to read

7 mins

November 27, 2025

Mint New Delhi

Market nears peak on dollar tailwind

Stocks jump 1.2%, but futures rollovers signal weak conviction

time to read

3 mins

November 27, 2025

Mint New Delhi

Mint New Delhi

SP Eyes Tata exit to cut debt costs

Debt-laden Shapoorji Pallonji Group is banking on Tata Trusts softening the stance on its potential exit from Tata Sons to reduce its borrowing costs, two people aware of the matter said.

time to read

2 mins

November 27, 2025

Mint New Delhi

Mint New Delhi

Why computers are selling like hot cakes again

Sales of laptops, desktops and tablets had a bad time in India after a pandemic boom.

time to read

2 mins

November 27, 2025

Mint New Delhi

Mint New Delhi

Candidates using AI? No, thanks, say IIT recruiters

As the annual placement season dawns at the Indian Institutes of Technology (IITs), colleges and recruiters are working to bar artificial intelligence (AI) tools and prevent cheating at test venues, a concern that first rose last year.

time to read

3 mins

November 27, 2025

Mint New Delhi

Mint New Delhi

Reliance JV, L&T to plough $13.5 bn into data centres

India’s data-infrastructure buildout hit a $13.5-billion inflection point on Wednesday, with a Reliance Industries Ltd (RIL) joint venture and Larsen & Toubro (L&T) announcing large-scale investments in data centres, driven by surging demand for artificial intelligence (AI) applications.

time to read

2 mins

November 27, 2025

Mint New Delhi

Mint New Delhi

Softbank’s 40% fall from peak shows worry on OpenAI bet

Growing unease over frothy artificial intelligence (AI) valuations is weighing on shares of SoftBank Group Corp.

time to read

2 mins

November 27, 2025

Mint New Delhi

PepsiCo taps gourmet taste buds with Red Rock Deli’s India debut

Snack and cola maker PepsiCo is finally giving gourmet a chance with the launch of Red Rock Deli chips, priced ₹60 and ₹125 a pack, in a shift from its years-long focus on mass-market Lay's that starts as low as ₹5.

time to read

2 mins

November 27, 2025

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