The CII President said that the Indian auto ancillary industry should expand its export list and reach at least 5% of global components trade by 2026. He shared his views at the 61st annual session of ACMA.

Mahajan has succeeded Rajeev Anand, who is superannuating from the company on completing 38 years.

Tata Steel Ltd has promoted TV Narendran as CEO and Managing Director of Tata Steel Ltd globally. A press release by the company stated that the decision was taken in a Board of Directors meeting held on 30 October, 2017.

Tata Sons Ltd, the holding company of India's salt-to-software Tata conglomerate, plans to buy out Tata Steel Ltd's stake in Tata Motors Ltd on or after June 23, it said in a regulatory filing.