In 2022, India’s central bank, the Reserve Bank of India (RBI), classified Tata Sons as an “upper layer non-banking financial company” because of its systemic importance and investment activities. This created a listing obligation on the group. Tata Sons sought to get out of this classification by repaying their debt and arguing that they do
The complexity of the role has risen in recent years as the “collective losses of the new businesses are more than the cashflow generated by older companies like TCS, the group’s software arm whose business model has been challenged by AI”, Nirmalya Kumar, who previously headed strategy at Tata Sons, told the BBC. TCS has
For some artists, using AI during the creative process is like ripping the soul out of an intimate human experience. Tyga, however, doesn’t have those qualms. During an August interview with Vibe, the rapper revealed he relied on at least one AI music program while crafting his ninth studio album, “$tarface.” The 80s-inspired project, released
N Chandrasekaran, the chairman of Tata Group, has said that he will not seek reappointment when his term ends in February. The 63-year-old said the decision came after the board of Tata Sons could not reach a resolution on a five-year extension of his term, months after the proposal first came up. The news sent
