Latest News
-
Indian Railway Finance Corp (IRFC): Top NBFC Railway Stock Advised To BUY; Short-To-Long Term Target Prices -
2 Multibagger Defence To Shield Your Money, Buy On April 24; Prabhudas Sets Target Prices, Stop Loss -
Rs 3.5/Share Dividend Declared: NBFC Declares 55.5% YoY Surge In PAT, Shares Up 87% In 1-Yr -
Rs 118/Share Dividend: Healthcare Stock Below Rs 400 Turned Ex-Dividend, Payout Soon; Buy For Rs 515 Target -
6,693% Returns: Below Rs 75, Pharma Penny Stock Ex-Dividend For Rs 40/Sh Payout After 9 Years; Do You Own? -
TCS Vs Infosys Vs Wipro Shares, ADRs, Upcoming Dividends: Which Mega IT Stocks To Buy After Q4 Results? -
SBI Card Launches 3 New Variants of Its Travel Credit Card ‘SBI Card MILES’ -
25% Dividend Record Date: Logistic Stock Nears 1-Year High And It Belongs To Mahindra; Motilal Neutral -
1:10 Split, 26 Dividends: Tata's 26-Year-Old Retail Stock In Focus, Q4, Dividend Ahead; Buy For Target Rs 4200 -
1:5 Split Soon: Rs 2,300 Defence Stock To Split Into Five Shares, Rs 400 Cr Fundraising Too; Hits 52-Week High
Tata Groups' Chief Ethics Officer Quits
Tata Sons said its Chief Ethics Officer Mukund Rajan will leave the group to evaluate entrepreneurial pursuits in the coming months.
"Dr. Rajan and Tata Sons have mutually agreed that Dr. Rajan will leave the services of Tata Sons on March 31, 2018," the company said in a statement.
On the reasons for his departure, the company said Rajan (49) has "conveyed personal reasons for his decision to leave Tata Sons and has indicated he will be evaluating certain entrepreneurial pursuits in the coming months".
Rajan, who was formerly managing director of Tata Teleservices (Maharashtra) Ltd, was appointed as the group spokesperson and brand custodian in February 2013.
His was the first major appointment after Cyrus Mistry, took over as the chairman of the group after Ratan Tata retired on December 28, 2012.
He was also a part of the Group Executive Council (GEC) set up by Mistry. The GEC, headed by Mistry, was set up in April 2013 with the objective providing strategic and operational support to him.
However, after Mistry's ouster, the GEC was disbanded and Rajan was moved to his new role.
He has been with Tata Group for two-decades after starting his career as a Tata Administrative Service (TAS) Officer.
"Tata Sons thanks him for his distinguished services in various leadership roles including in the telecommunication sector, private equity space, and branding strategy, as a Tata Administrative Service (TAS) Officer in the Tata Group, over a period of 23 years," the statement said.
Source: PTI
