LIVE | India bids adieu to Ratan Tata; industry titan given ceremonial guard of honour

Rata Tata death: TCS cancels Q2 earnings press conference

Tata Consultancy Services (TCS) has cancelled a press conference scheduled on Thursday evening to announce its second quarter performance, company officials said.

The press conference was originally scheduled at 1730 hours on Thursday.

As originally scheduled, TCS will inform the exchanges about its July-September performance after the board meeting, the officials said.

Tata Group Chairman Natarajan Chandrasekaran, who announced the death last night, called Tata "a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation".

"It is with a profound sense of loss that we bid farewell to Mr. Ratan Naval Tata, a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation," Chandrasekaran said in a late-night statement.

For the Tata Group, he was more than a chairperson. "To me, he was a mentor, guide and friend. He inspired by example. With an unwavering commitment to excellence, integrity, and innovation, the Tata Group under his stewardship expanded its global footprint while always remaining true to its moral compass," he said.

Tata's dedication to philanthropy and the development of society touched the lives of millions. "From education to healthcare, his initiatives have left a deep-rooted mark that will benefit generations to come. Reinforcing all of this work was Mr. Tata's genuine humility in every individual interaction," he said, adding his legacy will continue to inspire.