Search Result for : Ratan Tata

The Dollar Business Bureau  N Chandrasekharan, the Chairman of Tata Steel in his address to the shareholders in the company’s Annual Report for 2016-17 said, Tata Steel’s strategic priorities going forward will be to focus on India while pursuing  pension restructuring programme in the UK, which is likely to conclude soon.  Speaking about the steel demand in India which is likely to witness growth soon in the near future, Chandrasekharan said, "While the steel sector in India is financially stressed currently, the government of India has outlined its intent for ensuring long-term viability of the sector through the recently announced National Steel Policy 2017.”  Chandrasekharan who had taken over as Chairman of the company in February after the departure of Cyrus Mistry said, ...

PTI In a dramatic development that took the corporates and others by surprise, Cyrus Mistry was on Monday sacked as Chairman of Tata Sons and was replaced by Ratan Tata, from whom he had taken over the reins of the over $100 billion salt-to-software conglomerate four years ago.The surprise announcement came after the Board of Tata Sons met here and decided to replace 48-year-old Mistry and appoint Ratan Tata, 78, as interim head.The board named a five-member search committee, which includes Tata, to choose a successor to Mistry within four months.Mistry was chosen as Tata's successor in November, 2011, and was appointed Deputy Chairman of Tata Sons, whose board he had entered in 2006. He was made chairman on the basis ...

The Dollar Business Bureau Telangana IT Secretary Jayesh Ranjan announcing details of Inspiring Indian Innovation Awards 2015 in Hyderabad on Thursday.   In a bid to encourage innovations in the technology space and young entrepreneurs, the Telangana state government has developed a technology incubation centre, T-Hub at Hyderabad. Spread over an area of 60,000 sqft, the center will be inaugurated by Ratan Tata on September 7. The T-Hub can accommodate around 800 start-ups and it is one of the efforts of the state government in preparation for the World Congress on Information Technology (WCIT).  Notably, the Telangana government in January had announced that the State will host the World Congress on Information Technology (WCIT) in 2018. In the backdrop of announcing ...

Sachin Manawaria | The Dollar Business The annual spending on online purchases in India is projected to grow by 67% to Rs.10,000 from per person in 2015 from Rs.6,000 in 2014, says the recently concluded study conducted by Associated Chambers of Commerce & Industry of India (ASSOCHAM) and PwC. The study says that around 40 million consumers purchased online products in 2014, and the numbers are expected to go up to 65 million in the coming year. Better infrastructure, logistics, broadband and internet ready devices will drive the demand of online spending further in India next year. According to the study, the e-commerce market in India is valued at $17 billion and is growing at a CAGR of around ...