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via timesofindia.indiatimes.comBusiness & Companies

Noel Tata to retire as Titan vice-chairman; Q2 net profit more than doubles to 2.4k crore

FROM THE WIRE · TIMESOFINDIA.INDIATIMES.COM

NEW DELHI: Noel Tata will retire as vice-chairman and director of Titan on Nov 12 under Tata group governance guidelines, the company said on Thursday.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe more-than-doubled quarterly profit is positive, while the retirement of a senior executive is a governance event.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Noel Tata will retire as vice-chairman and director of Titan on November 12.
  2. 02The retirement follows Tata group governance guidelines.
  3. 03Titan's second-quarter net profit more than doubled to 2.4k crore.

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