Latest news with #TAFE
ABC News
16 hours ago
- Health
- ABC News
A Dad's mission to save his daughter, and conquer cancer
Matt Dun left school at 17 to join the Australian navy as a submariner and later finished his high school certificate as an adult attending TAFE at night. He then trained in biomedical science and was researching childhood leukaemia when his family received some devastating news, their little daughter Josie was diagnosed with terminal brain cancer. Matt turned all his energy and expertise into searching for treatments to help Josie and other children like her. He found running was one thing that helped him cope with the stress and pain of his daughter's illness, and with his wife founded the charity, RUN DIPG Further information Find out more about the Conversations Live National Tour on the ABC website.
New Indian Express
2 days ago
- Entertainment
- New Indian Express
Durga Stalin's book ‘Avarum Naanum Part-2' released
CHENNAI: The book titled 'Avarum Naanum - Part 2', authored by Durga Stalin, wife of CM MK Stalin, was released at an event held at the Anna Centenary Library on Monday. The book was released by writer Sivasankari, and the first copy was received by Mallika Srinivasan, CMD of TAFE. Sivasankari said, 'The book, written in a transparent and truthful manner, captures the love and respect the couple have for each other and reveals an unknown side of Stalin, a family man showing care for his children and wife. It also shows how he respected his wife's freedom and never imposed his ideas on her. Durga mentions in the book that Stalin's care was so profound that she saw 'motherhood' in him.'
Yahoo
7 days ago
- Business
- Yahoo
Long-standing tractor makers Agco and TAFE settle their disputes
This story was originally published on Manufacturing Dive. To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter. Dive Brief: Farm equipment makers Agco Corp. and India-based Tractors and Farm Equipment Ltd. have settled their simmering legal and commercial disputes related to the usage rights of global brand Massey Ferguson over the past nine months. For more than 60 years, TAFE has been a licensee of Massey Ferguson and sells the branded equipment across three South Asia countries. Moving forward, the company will now take ownership of the tractor brand exclusively for business in India, Nepal and Bhutan, according to a news release. As part of the resolution, Agco and TAFE said they will terminate all commercial agreements and withdraw all ongoing legal proceedings between them. They have also agreed for TAFE to buy back Agco's remaining equity in TAFE — valued at $260 million — prior to Nov. 28. Dive Insight: Established in 1960, TAFE is one of the largest tractor manufacturers in the world, selling over 180,000 units per year with a global reach that spans more than 80 countries, according to its news release. It is also Agco's largest shareholder, holding a 16.3% stake in the Duluth, Georgia-based company, which has sparked friction when disagreements arise. In April 2024, Agco terminated some commercial agreements with TAFE, citing 'poor operational performance as a supplier, brand licensee and distributor.' In response, TAFE sued Agco and pushed for board changes, expressing concerns with the company's decision-making and direction as tractor makers navigated a down market. The back-and-forth eventually led to Agco terminating its license and distributor agreements with TAFE for the Massey Ferguson brand in key South Asia markets, sparking more legal issues and friction between the companies. They have since come to a resolution that allows TAFE to have ownership of Massey Ferguson across the three countries, rather than regularly renewing licensing contracts, while retaining its majority stake in Agco. Agco acquired Massey Ferguson in 1994 and maintains global ownership of the brand in all other countries. The companies have also agreed to 'mutual non-disparagement' and for TAFE to refrain from engaging in public activism moving forward. Additionally, TAFE can no longer nominate a representative to serve on Agco's board of directors, and Agco's director on TAFE's board will step down. 'We are pleased to have reached an amicable resolution with TAFE on all outstanding commercial, governance and shareholding matters,' Eric Hansotia, Agco's chairman, president and CEO, said in a statement July 1. In addition to the company's dispute resolution, Agco's board of directors authorized to launch a new share repurchase program of up to $1 billion in company stock. Recommended Reading Agco to lay off 6% of workforce, citing 'weakening demand' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
15-07-2025
- Business
- Time of India
TAFE, ICRISAT join hands to set up agri-research centre in Hyderabad to boost sustainable farming
Tractors and Farm Equipment Limited ( TAFE ) and the International Crops Research Institute for the Semi-Arid Tropics ( ICRISAT ) have signed a Memorandum of Understanding (MoU) to establish the 'JFarm Adaptive Agriculture Research & Extension Centre' in Patancheru, Hyderabad. The partnership, formalised on July 11, 2025, will see TAFE and ICRISAT collaborate on promoting mechanised, resource-efficient, and socially inclusive farming practices. The new centre will be part of TAFE's JFarm initiative — launched in 1964 to empower farmers through research and training — and will operate under ICRISAT's Centre of Excellence for South–South Cooperation in Agriculture (ISSCA). Pivotal to Viksit Bharat The centre will focus on field-validating innovations like machine-harvestable chickpeas, soil conservation, water-use efficiency, crop residue management, and lab-to-land technology transfer. It will also provide training to farmers on tractor operations, servicing, and integrated mechanisation models. One key highlight will be the promotion of the Farmer-to-Farmer (F2F) Digital Custom Hiring model that enables mechanisation access without the need for ownership. TAFE's Group President, Dr. T R Kesavan, said the collaboration aims to 'implement precision agriculture while safeguarding land and water resources.' He added that the initiative reflects TAFE's belief in last-mile knowledge dissemination. Dr. Himanshu Pathak, Director General of ICRISAT, called mechanisation 'pivotal to achieving a Viksit Bharat,' adding that the partnership will help reduce chemical inputs, labour dependency, and environmental impact — with potential applications across Africa.
Time of India
13-07-2025
- Business
- Time of India
‘Values form core of a successful work culture'
Mallika Srinivasan, chairman and managing director of agricultural machinery manufacturer TAFE (Tractor and Farm Equipment Ltd), has been a respected voice in India Inc for decades. In a conversation with TOI, she talks about her leadership mantra, being part of a corporate legacy and Tamil Nadu's industrial future. Excerpts: You have seen India's automobile market in general and the tractor and farm equipment market in particular, change rapidly in the last 20 years or so. Looking ahead, what are the main change-points you see and how will it impact the way tractors and farm equipment are retailed and consumed in the future? Will AI, machine learning, smart machines, IoT make these products smarter and will that lead to smart cultivation? Precision agriculture and automation are key technology trends that will determine the future of farming. These technologies address farming needs of enhanced productivity and yield directly and encompass in their scope smart machines, AI, IoT, etc. The challenge in developing markets, however, is to create tailor-made solutions that are cost-effective for our farms and thereby enable widespread adoption. You Can Also Check: Chennai AQI | Weather in Chennai | Bank Holidays in Chennai | Public Holidays in Chennai As the CMD of a 65-year-old company with a very strong legacy in the tractor and farm equipment industry, how did you stay in step with the company's legacy while forging a new path into the future? What were your challenges while doing so? Values form the core of a legacy and a successful culture. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo While institutionalizing these, we need to move forward, adopt technology, encourage innovation, and create a work environment that provides a learning culture and meets the aspiration of young professionals, evoking in each of them an entrepreneurial spirit. You were pivotal in forging a path for TAFE from acquiring Eicher's tractor business 20 years ago to resolving the dispute with long-term partner AGCO just recently. Do you see these milestones as growth catalysts for your company? How important are experiences like these to your vision of what you wanted TAFE to be when you entered the corner room? One starts with a dream and a clear vision. As the organization progresses, it develops strong capabilities while simultaneously the environment and competitive scenario evolves. Opportunities and challenges arise. One must be open to factoring these to recast strategy as required towards realization of the vision. The goal is clear. The path towards it, has to be periodically evaluated and refined. What's your vision for TAFE in the next 5 years? Where do you see the company and where do you see the industry? Our vision statement is 'Cultivating the World'. As one of the largest tractor manufacturers in the world and with a strong reputation for quality products, we are well positioned to move towards our vision. India is the world's largest tractor market and domestic volumes are expected to cross 10 lakh this year with export volumes growing faster than domestic and overall volumes are expected to be in excess of 11.25 lakh. Over the next three years, we expect the domestic industry to grow at an annual 3% to 5% with export growth in excess of 10%. We at TAFE are confident of growing faster than market growth in both domestic and export with an estimated volume of 2 lakh tractors this year. Besides, TAFE is investing in expanding into a range of specialized and self-propelled farm equipment like paddy transplanters and harvesters for domestic and international markets. We are also leveraging our strong manufacturing capability and quality standards to produce engines for international OEs. Our plans are ambitious and include both organic and inorganic avenues for growth. In many ways you were stepping into the shoes of a giant when you took over as CMD of TAFE from your father A Sivasailam. What were his leadership mantras that have stayed with you as you continue to take the legacy forward? Ethics, quality and human values truly defined him, and we continue to take this legacy forward. These became the bedrock of our culture and we have institutionalized these as the pillars of our value system. By incorporating these into our vision and value statements, we can say with deep conviction we are taking his legacy forward. You have worked closely with your father and he has been your guru and guide. As a continuation of family legacy and corporate leadership, how do you plan to mentor Dr Lakshmi Venu, who after playing a key role, has now taken over as vice-chairman of TAFE? Good succession planning and grooming of next generation leadership are essential for continued success of a business, and I believe, Lakshmi with her experience, drive for excellence, customer orientation and strongly imbibed value systems, is well positioned for leadership. Working alongside my father was the biggest learning experience for me, and having benefited from this, it will be my endeavour to share the best of my experiences and learning with Lakshmi. Do you think women CEOs look at corporate leadership differently? Women leaders are very passionate about what they believe is in the interest of the organization and will strive towards this uncompromisingly. This defines them. Looking at the industrial environment of Tamil Nadu, what do you think are the state's real strengths and what are the areas where it needs more work? Tamil Nadu's intrinsic strength is its enormous depth of manufacturing. It is dotted with units across sectors that include automotive, manufacturing and service sectors like IT and healthcare. The education levels of people are high with a mature industrial culture. It has a good progressive government, far-sighted sectoral policies all of which foster inclusive growth. Women participation in the workforce is very high. The state offers good opportunities to drive innovation through the academia- industry interface. TN is one of the fastest growing states in the country and has a well-laid plan for its ambitious growth. To maintain its pre-eminent positioning, a strong and continuous emphasis on building capability in line with rapidly changing technology, manufacturing and capacity development should be a key thrust area. New sectors for growth also need to be explored, like tourism – including religious, cultural and wildlife tourism – which has good employment generation potential.
