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Tata Sons chairman N Chandrasekaran has urged group CEOs to "pursue growth aggressively" amid increasing market challenges. He emphasized the importance of bold ambitions, stating that while margins can be adjusted over time, seizing growth opportunities is crucial. Tata Motors reported a slight increase in sales, with November figures showing 74,753 units sold compared to 74,172 units a year earlier.
The merger of Air India and Vistara marks a significant step in transforming Air India into a world-class airline, according to Tata Sons Chairman N Chandrasekaran. He expressed optimism about the airline's future, acknowledging the high expectations and commitment to delivering excellence. The introduction of the new Airbus A350, now operating on routes to London and New York, symbolizes the ambitious plans for Air India's fleet modernization.
Ratan Tata's will, following his passing on October 9, ensures lifelong care for his German Shepherd, Tito, and allocates his estate, valued at approximately Rs 10,000 crore, to family, staff, and his foundation. Key beneficiaries include his brother Jimmy and half-sisters Shireen and Deanna Jejeebhoy. Additionally, Tata's 0.83% stake in Tata Sons will be directed to the Ratan Tata Endowment Foundation, likely to be chaired by N Chandrasekaran.
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