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Natarajan Chandrasekaran (born 2 June 1963) is an Indian businessman, and the chairman of Tata Sons and Tata Group. [1] [2] He was chief operating officer (COO) and executive director of Tata Consultancy Services (TCS), where in 2009, he became chief executive officer (CEO). [3] [4] He was also the chairman of Tata Motors and Tata Global ...
His wife, Meherbai Tata, was the maternal aunt of nuclear scientist Homi J. Bhabha. The couple did not have children. Sir Ratanji Tata (20 January 1871 – 5 September 1918), younger son of Jamsetji, philanthropist and pioneer of poverty studies. The couple did not have children. After Ratanji Tata died, his wife, Navajbai Tata, adopted an ...
In December 2019, the National Company Law Appellate Tribunal reinstated Mistry as the chairperson for Tata Sons for his remaining term, and declared that the appointment of TCS CEO Natarajan Chandrasekaran as executive chairman of Tata Sons was illegal. [39] In January 2020, Tata Sons appealed to the Supreme Court against NCLAT's decision. [40]
Tata Sons Pvt. Ltd. is the holding company of the Tata Group, headquartered in Mumbai.It owns the bulk of shareholding in the Tata group of companies including their land holdings across India, tea estates and steel plants, and derives its revenue from dividends from these companies and brand loyalty fees.
Ratan Tata was born in Bombay (now Mumbai), during the British Raj, into a Parsi Zoroastrian family, on 28 December 1937. [11] He was the son of Naval Tata (who was born in Surat and later adopted into the Tata family), and Soonoo Tata (the niece of Tata group founder Jamsetji Tata).
In 1932, Tata founded an airline, known as Tata Air Services (later renamed Tata Airlines). [9] In 1953, the Government of India passed the Air Corporations Act and purchased a majority stake in the carrier from Tata Sons, though JRD Tata would continue as chairman until 1977. In 1945, Tata Motors was founded, first focused on locomotives.
Like his father, Sir Dorabji believed that one must make use of the wealth one had acquired for constructive purposes. So, in less than a year after his wife Meherbai's death, he donated all his wealth to the trust, insisting that it must be used "without any distinction of place, nationality or creed", for the advancement of learning and research, the relief of distress and other charitable ...
His father first bought shares in Tata Sons in the 1930s, a stake that as of 2011 stood at 18.4%, making Mistry the largest individual shareholder in Tata Sons, [1] which is primarily controlled by the Tata philanthropic Allied Trusts, [5] [6] and the largest individual shareholder in India's largest private conglomerate, Tata Group, the primary shareholder being the charitable Tata Trusts.