AdvantageClub.ai, founded in 2016 by Sourabh and Smiti Bhatt Deorah, provides a unified platform for rewards and recognition, wellness solutions, sales incentive automation, flexible benefits, surveys, and more. The platform has more than 5.5 million users across 100 countries. Among its nearly 1,000 clients are Concentrix, BCG, Tech Mahindra, HCL, L&T, Biocon, Tata Steel and Air India.
Tata Sons Chairman N Chandrasekaran has urged leaders of Tata Group companies to pursue growth aggressively. Despite economic uncertainties, he emphasized bold ambitions and seizing opportunities. Key companies have shown mixed results, but focus remains on future growth and resilience. Major investments are being directed towards Air India, Tata Electronics, and Tata Digital.
Firms from multiple domains participated across the three clusters in Summer Placements, with all students being placed across more than 25 cohorts of firms that visited. Despite challenging market conditions, the institute saw a rise in recruiting firms, and roles being offered. 51 new companies participated in the 2024 summer placements, up from 12 in 2023.
Balaji Telefilms has made two major leadership appointments. Sanjay Dwivedi, the current Group CFO, has been elevated to the position of Group CEO. Vimal Doshi, with a long tenure at Balaji, has been named COO of Balaji Motion Pictures. Dwivedi has been with Balaji Telefilms since 2013 and has a strong financial background.
Noel Tata, the new chairman of Tata Trusts, is considering his continuation as chairman in other Tata group firms following the death of Ratan Tata. Holding non-executive roles at Trent, Voltas, and other companies, he faces no legal restrictions. His leadership has driven significant growth in these entities.
Noel Tata, the new chairman of Tata Trusts, is known for his low profile and strategic vision. He has successfully led Trent's growth and has been pivotal in maintaining Tata Group values. His leadership is expected to enhance Tata philanthropy and improve relations with the Mistry family.
Noel Tata on Friday was unanimously appointed as Chairman of Tata Group's philanthropic arm Tata Trusts during a board meeting to discuss the group's succession plans after the demise of Ratan Naval Tata at age 86.
Ratan Tata, chairman emeritus of Tata Sons, passed away at 86 after being moved into intensive care. His hospitalisation shifted focus to the next generation of Tata heirs—Leah, Maya, and Neville Tata, who are emerging as future leaders within the conglomerate.
The established companies of the conglomerate are in good shape too with 25 listed firms collectively adding over Rs 4.4 lakh crore in market capitalisation since April 1, bringing the total to Rs 35.07 lakh crore, up 14.2%, compared with the Nifty's gain of 13.8%.
Business Secretary Jonathan Reynolds said workers at the Port Talbot Steelworks in south Wales, owned by India's Tata Steel, will be offered improved severance terms and a reskilling package if they choose.
Tata Sons is considering new board appointments with Bhaskar Bhat retiring and Ralf Speth stepping down soon. Bhaskar Bhat may remain in an advisory role until the Air India-Vistara merger. The board will also review new management appointments as several executives have retired or exited. Tata Sons saw a 57% profit increase in FY24.
Get updates on your preferred social platform
Follow us for the latest news, insider access to events and more.
