Recently ousted Chairman of Tata Motors, Cyrus Mistry in his letter to Tata Sons and Tata Trust board members states that only emotional reasons kept the Nano project alive. Reports indicate that the project was facing a cost overrun and losing money which peaked to about Rs 1,000 crore. The letter also states that, “Another challenge in shutting it down Read More

Tata Group will reach out more to consumers and tap digital opportunity to build upon the ‘foundation inherited’ by the company for the next 150 years, Tata Sons chairman Cyrus Mistry has said. Ratan Tata was deeply involved in promoting a technology-oriented culture in the group. “The group chief technology officer’s role is to evangelise innovation within different group companies; Read More