Maharashtra Chief Minister Devendra Fadnavis on Monday performed the groundbreaking ceremony for Taj Bandstand, a new luxury hotel set to rise opposite the iconic Taj Lands End in Bandra. The event was also attended by Puneet Chhatwal, MD & CEO, Indian Hotels, who emphasised that the project was a dream envisioned by Ratan Tata and would serve as a landmark for Mumbai. "This hotel was a dream project for Ratan Tata." Spanning over two acres, the ambitious project is slated for completion by 2029. The hotel will feature 330 rooms and 85 premium residences, along with multiple dining venues, convention spaces, and world-class amenities. Designed to blend luxury with culture, the property will also house an amphitheater and a landscaped park. Expressing gratitude to the Indian Hotels Company Limited (IHCL), the Tata Group's hospitality arm, Fadnavis hailed the project as one of Mumbai's most iconic additions. Listen in to know more.
Dutta's inclusion in the will has sparked intrigue, not least because Tata, who passed away in October 2024, was famously private about his personal affairs.
Tata Power announced its 21st consecutive quarter of PAT growth. In the quarter ending December 31, 2024, the company recorded a PAT of ₹1,188 crore, marking a 10% YoY increase. Consolidated EBITDA for the quarter rose by 7% to ₹3,481 crore, driven by strong contributions and improved operational efficiency across its businesses. For the 9MFY25 period, Tata Power reported revenues and PAT* of ₹47,174 crore and ₹3,909 crore respectively. The company achieved its highest-ever EBITDA of ₹10,639 crore during this 9-month period. Dr. Praveer Sinha, CEO and Managing Director of Tata Power, commented, "We have maintained consistent PAT growth for 21 quarters, with all our business segments contributing significantly. As a leader in clean energy, we are engaged across the entire value chain—from manufacturing and EPC to developing renewable projects and providing retail supply through group captives. With our integrated approach in power generation, transmission, and distribution, we are committed to delivering affordable energy solutions." Watch exclusive interview with Dr. Praveer Sinha, CEO & MD of Tata Power, discussing the Q3 results and future growth plans.
For Naidu, the role carries deep personal significance. Reflecting on his family’s connection with Tata Motors, he wrote, “I remember when my father used to walk home from the Tata Motors plant"
Outgoing trustee Arnaz Kotwal expressed dissatisfaction with the process in a letter to her fellow trustees, stating that she felt blindsided by the request to resign, the report state
Discover the timeless wisdom of Ratan Tata with 10 powerful quotes that inspire resilience, teamwork, and a commitment to excellence, guiding you through 2025 and beyond.
Acknowledging the geopolitical upheavals of 2024, including ongoing conflicts in Ukraine, Gaza, and Sudan, Chandrasekaran highlighted the global shift from efficiency to resilience in supply chains.
He also highlighted the hard work and dedication of people like Gautam Adani, Mukesh Ambani and Ratan Tata, who have built successful businesses and contributed to India's growth. Kapil Dev expressed pride in their accomplishments.
At a private event in Ahmedabad, Gujarat, former Indian cricket captain Kapil Dev shared heartfelt words about Adani Group Chairman Gautam Adani. Reflecting on a 30-year association, Kapil Dev praised Adani's resilience and business acumen, emphasizing the importance of recognizing top Indian entrepreneurs. "Ups and downs are part of life, but ultimately, people will realize how good he is," he remarked. He also highlighted the contributions of industry leaders like Mukesh Ambani and Ratan Tata, urging pride in India’s business icons.
Virat Kohli was among the most inquired personalities on Alexa through the year.
After Tata’s passing in October, Naidu shared an emotional tribute: “The hole that this friendship has now left with me, I will spend the rest of my life trying to fill. Grief is the price to pay for love. Goodbye, my dear lighthouse.”
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