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KXIP unveils OCM as official suiting partner

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NEW DELHI: OCM India, men’s apparel fabric manufacturer, has announced its association with Kings XI Punjab as official suiting partner for the fifth edition of the cash rich tournament. This partnership was conceptualised by MEC Access, the sports, partnership and activation agency of MEC.

As official partner, OCM will enjoy a range of privileges and entitlements to display their company logo on platforms that include KXIP official website, player jerseys as well as using KXIP players for public appearances.

KXIP COO Col. Arvinder Singh said, “We are happy to have a leading men’s suiting brand like OCM as our Official Suiting Partner. We are confident this association with OCM will be rewarding. Both the brands share similar synergies and with an exciting squad and support of our partners, we are heading to the tournament with great zeal.”

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The tie-up with KXIP will offer OCM a platform to increase its brand visibility through on-ground action and amplify the impact by reaching out to the audience through various media platforms.

OCM India CEO S K Singhal said, “The association with King XI Punjab will help the company to relate with India’s masses in a big way. OCM has a strong retail presence across the country and has its manufacturing base in Amritsar, Punjab. We keenly look forward to zooming to greater heights building on the exciting fervor of IPL and wish all the participating young cricketers the very best for the game.”

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Tata Sons defers decision on chairman N Chandrasekaran’s third term 

Term runs till 2027, but board differences are stalling extension talks

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MUMBAI: Tata Sons has deferred a decision on whether to extend the tenure of its chairman, N Chandrasekaran, injecting fresh uncertainty into the leadership timeline of India’s largest conglomerate.

The board had last year cleared a third executive term for Chandrasekaran running until February 2027, when he turned 65. However, deliberations on any further extension were put on hold this week after differences emerged during a board meeting, CNBC-TV18 reported, citing people familiar with the matter.

The pause underscores internal strains as the group pushes through an aggressive investment cycle while grappling with uneven financial returns. The Economic Times reported that Chandrasekaran himself asked for discussions on his reappointment to be deferred after some directors raised concerns about mounting losses at several newer businesses.

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Those concerns were led by Tata Trusts chairman Noel Tata, the principal shareholder of Tata Sons. Other board members countered that losses were expected in early-stage, capital-intensive ventures designed to secure the group’s long-term position.

Since taking charge in 2017, following the ouster of Cyrus Mistry, Chandrasekaran has driven a phase of expansion and consolidation. Over the past five years, the tata group has nearly doubled revenue and more than tripled net profit and market capitalisation, while committing about Rs 5.5 lakh crore to investments aimed at making the conglomerate “future fit”, according to its latest annual report.

Recent numbers, however, present a more mixed picture. Tata Sons reported a 24 per cent rise in revenue to Rs 5.92 lakh crore in fiscal 2025, while net profit fell 17 per cent to Rs 28,898 crore.

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In its annual report, the company said the year opened with expectations of macroeconomic stability and easing inflation. That optimism faded as uncertainty over global trade policy intensified, complicating the operating environment.

For now, the question of leadership continuity at the apex of the Tata Group remains unresolved and closely watched by investors assessing the cost and conviction behind the conglomerate’s long-term bets.

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