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The Latest Breaking News from Tata Digital

Chandrasekaran's successor at Tatas will have to start off with a three-way, Rs 29,000-cr tightrope walk

The new chairman of Tata Sons faces a myriad of financial hurdles and strategic choices. Air India’s transformation hinges on hefty investments and a defined route to profitability. Meanwhile, the semiconductor initiative from Tata Electronics calls for both time and sustained financial support. The third big issue involves Tata Digital’s…

The Economic Times

Post Chandrasekaran, the head that wears the Tata crown won't rest easy

As N. Chandrasekaran prepares to step down, Tata Sons faces a pivotal succession dilemma. The new chairman will take the reins of iconic brands including Air India and JLR, each laden with intricate challenges. TCS is set to embrace the advancing AI landscape while Tata Digital strives for profitable growth.

The Economic Times

Cult. Fit IPO: Actor Hrithik Roshan set to sell 6.33 lakh shares in Rs 3,500-4,000-crore offer

Actor Hrithik Roshan plans to sell shares in Cult. Fit's upcoming public offering. The company aims to raise Rs 3,500-4,000 crore through its initial public offering. This IPO includes a fresh issue and an offer for sale by existing investors.

The Economic Times

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Cultfit files papers for Rs 3,500-4,000 crore IPO; fresh issue at Rs 950 crore

The IPO will comprise a fresh issue of shares worth Rs 950 crore and an offer for sale of up to 178.6 million shares by existing investors and individual shareholders, according to the DRHP. The total offer size will be finalised after the price band is set.

The Economic Times

Flipkart appoints Vinay Vaidya as SVP to drive AI-led tech innovations

Prior to joining Flipkart, Vaidya served as the chief technology officer at Tata Digital, where he led technology strategy, platform modernisation, and large-scale digital transformations. Before that, Vaidya worked with Amazon for 18 years. He started as a software development engineer and was eventually elevated to director of engineering and…

The Economic Times

Flipkart names Vinay Vaidya as senior VP to bolster tech leadership

Flipkart has appointed Vinay Vaidya as Senior Vice President of Technology for its supply chain, aiming to bolster its tech leadership and advance AI and platform capabilities. Vaidya, with extensive experience from Amazon and Tata Digital, will oversee technology across fulfilment, seller experience, and marketplace operations.

The Economic Times

BigBasket CEO Hari Menon steps down; Amazon veteran Amit Nanda takes over

BigBasket CEO Amit Nanda: Tata-owned BigBasket founder Hari Menon has stepped down from the CEO role at the e-grocery firm, the company announced on Tuesday. Amazon veteran Amit Nanda, the director of selling partner services at the ecommerce major, will be taking over as the chief executive.

The Economic Times

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Bigbasket elevates Seshu Tirumala as COO as it sharpens quick commerce push

Tirumala joined BigBasket in 2014 and was most recently its chief buying and merchandising officer. He has also overseen sourcing, category management and private labels. BigBasket said its private-label business now contributes nearly 40% of total sales.

The Economic Times

New-age biz CEOs make presentations at Tata Sons board meet

Tata Sons board convened in Mumbai to assess new ventures. Leaders from Air India, Tata Digital, and Tata Electronics presented their progress. Discussions also touched upon the reappointment of Chairman N Chandrasekaran. The group faces significant losses in its unlisted businesses. A future meeting is scheduled for June 12.

The Economic Times

Tata reviews super app strategy as sales may miss target by 50%

MUMBAI: MUMBAI: Tata Group’s ambitious super app is expected to meet just half of the sales target in its debut year, forcing the sprawling Indian corporate to review its digital strategy, people familiar with the matter said.

The Times of India

Tatas super app Neu to host non-group brands as well: Chandrasekaran

MUMBAI: Tata Group chairman Natarajan Chandrasekaran on Thursday said the group's recently launched super app Neu is on an open architecture and it will host non-group brands as well.

The Times of India

Tata group launches super app Tata Neu

NEW DELHI: Tata group on Thursday launched possibly India's first super app, Tata Neu, that brings together grocery-to-hotel-to-airline ticket booking and medicine on a single platform, rivalling similar products from Amazon and Walmart's Flipkart.

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