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Tata Group

Air India orders 100 additional Airbus aircraft

Air India orders 100 additional Airbus aircraft

Mon, Dec 09, 2024

Air India said on Monday that it has placed an order to purchase 100 more Airbus aircraft, comprising 10 widebody A350 and 90 narrowbody A320 family aircraft, including A321neo. The 100 new aircraft are in addition to the firm orders of 470 aircraft that Air India had placed with Airbus and Boeing last year, according to a press release.

Tata Power, Asian Development Bank ink pact for $4.3-billion finance

Tata Power, Asian Development Bank ink pact for $4.3-billion finance

Thu, Nov 21, 2024

A memorandum of understanding has been signed with ADB at Baku, Azerbaijan, Tata Power said.

Indian Hotels shares hit fresh 52-week high as company plans expansion

Indian Hotels shares hit fresh 52-week high as company plans expansion

Tue, Nov 19, 2024

Under the 'Accelerate 2030' programme, the company is also looking to double its consolidated revenue to Rs 15,000 crore in the next five years, Chhatwal told reporters at its 'Capital Market Day'.

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Titan Company expects 20% growth in FY20; opens Taneira outlet

Titan Company expects 20% growth in FY20; opens Taneira outlet

Mon, May 06, 2019

Titan Company managing director Bhaskar Bhat also said the company plans to open 14 outlets of 'Taneira', the group's premium sarees and ethnic wear category during FY20 taking the total to 18 by the end of the year.

Tata Projects bullish on oil, gas, nuclear segments, eyes Rs 16,000 cr topline this year

Tata Projects bullish on oil, gas, nuclear segments, eyes Rs 16,000 cr topline this year

Mon, Apr 15, 2019

Riding high on the pace of growth in the oil and gas, nuclear and urban infrastructure sectors, Tata Projects, a part of the diversified Tata Group, is eyeing up to Rs 16,000 crore worth of revenue this fiscal.

Tata Projects bullish on oil, gas, nuclear segments, eyes Rs 16,000 cr topline this year

Tata Projects bullish on oil, gas, nuclear segments, eyes Rs 16,000 cr topline this year

Sun, Apr 14, 2019

"With the kind of orders that we are bagging in the nuclear segment, we will continue to focus on this sector. Also, the dependence on thermal power is going down and there is a government thrust on renewable energy including nuclear," Satyanarayana said.

Bombay HC quashes prosecution order against ex-managing trustee of Tata Trusts in defamation case

Bombay HC quashes prosecution order against ex-managing trustee of Tata Trusts in defamation case

Wed, Mar 27, 2019

In October 2018, the magistrate's court at Ballard Pier had issued the process of summoning Venkataramanan after the Shapoorji Pallonji group filed a criminal defamation case against him.

Tata Group, GIC, SSG Capital Management to invest Rs 8,000 cr in GMR's airports business

Tata Group, GIC, SSG Capital Management to invest Rs 8,000 cr in GMR's airports business

Wed, Mar 27, 2019

GMR Infrastructure Wednesday said Tata Group along with an affiliate of Singapore's sovereign wealth fund GIC and SSG Capital Management will invest Rs 8,000 crore in the company's airports business.

Happy Holi for investors! This Ratan Tata firm rose by Rs 754 in 1 year, gave 50% return to investors

Happy Holi for investors! This Ratan Tata firm rose by Rs 754 in 1 year, gave 50% return to investors

Tue, Mar 19, 2019

From last year’s Holi to this year, IT-giant Tata Consultancy Services (TCS) has made many investors wealth in green.

Vistara, Japan Airlines ink code share agreement

Vistara, Japan Airlines ink code share agreement

Fri, Feb 22, 2019

The code share flights will offer convenient connections to and from a daily flight that Japan Airlines already operates to Delhi directly from Tokyo Narita, it said.

Value of brand Tata soars 37% to USD 19.5 billion in 2019 - Only domestic brand in this global top 100 list

Mon, Jan 28, 2019

The salt-to-software group has been ranked 86th in the list compiled by the London-based consultancy Brand Finance, up from 104 in 2018, the statement said, adding it is the only domestic brand in the global top-100.

Tata Motors to launch new premium hatchback in Q2 FY'20

Tata Motors to launch new premium hatchback in Q2 FY'20

Fri, Jan 25, 2019

Tata Motors has expanded its sales points across the country, with Rajasthan being one of the focus markets having huge potential for the passenger car market, he said.

TCS shares decline nearly 3% post Q3 earnings

TCS shares decline nearly 3% post Q3 earnings

Fri, Jan 11, 2019

The country's largest software exporter TCS Thursday reported 24.1 per cent growth in net profit at Rs 8,105 crore for the quarter ended December 2018.

Jet Airways is in active discussions with various investors: CEO Vinay Dube

Jet Airways is in active discussions with various investors: CEO Vinay Dube

Wed, Nov 21, 2018

Tata Sons, the holding company of the Tata Group firms, had said discussions on acquiring a stake in the financially troubled Jet Airways have been at a preliminary stage and that no such proposal has been made so far.

PM Modi boards crisis hit Jet Airways flight, prods Tata group to save Naresh Goyal airline

PM Modi boards crisis hit Jet Airways flight, prods Tata group to save Naresh Goyal airline

Fri, Nov 16, 2018

PM Modi has himself been personally keeping a close watch on Jet Airways crisis and asked Tata Group to provide as much help in the matter as possible, claimed a Zee Business Channel report.

Exclusive! Tata, Jet Airways merger: Deal announcement may be tomorrow

Exclusive! Tata, Jet Airways merger: Deal announcement may be tomorrow

Thu, Nov 15, 2018

Cash-strapped Jet Airways merger with Tata group has been hogging the headlines for weeks now and this is the latest that has emerged. A business viability plan on the proposed acquisition is expected to be presented to the board on Friday itself by Tata Sons Ltd Chairman N. Chandrasekaran, said a newspaper report citing people close to the development.

Cyrus Mistry vs Tata group: An RTI reply sheds light on this surprising tun of events

Cyrus Mistry vs Tata group: An RTI reply sheds light on this surprising tun of events

Wed, Nov 14, 2018

The Ministry of Corporate Affair's western region director had raised questions on some of the grounds Registrar of Companies (RoC) used to declare that the sacking of Cyrus P Mistry as chairman and director of Tata Sons and Tata Consultancy Services (TCS) violated Companies Act and RBI rules, according to an RTI reply.

Aviation: Jet Airways terms deal with Tata group as 'speculative'

Aviation: Jet Airways terms deal with Tata group as 'speculative'

Tue, Nov 13, 2018

The cash-strapped airline, in which gulf carrier Etihad Airways holds 24 per cent stake, is looking to raise funds and has appointed merchant bankers to tie-up with potential investors.

The magnitude of fall in China is something that no OEM had planned for: PB Balaji, CFO, Tata Motors

The magnitude of fall in China is something that no OEM had planned for: PB Balaji, CFO, Tata Motors

Tue, Nov 06, 2018

New products will be launched with an electric power steering system (EPS), which has the potential for huge success. Besides, Evoque will be relaunched, said PB Balaji, Group CFO, Tata Motors.

Ex Tata executive alleges sexual harassment; group says matter investigated by independent panel

Ex Tata executive alleges sexual harassment; group says matter investigated by independent panel

Fri, Nov 02, 2018

Writing for a leading English daily, Anjuli Pandit, a former executive assistant to ex-MD & CEO of Taj Hotels, Rakesh Sarna, claimed she reached out to Taj board members, Tata Group Executive Council members, the chairman and the senior-most HR official with her complaint against Sarna. "The only resolution they could find was to ask me to resign from Taj, immediately," she wrote, adding she "lost trust in Taj's process" as the company's Internal Complaint Committee, comprised "Sarna, four people within two reporting lines of him and an external member from one of Tata's closest law firms".

Tata Sons writes off entire investment of Rs 28,651 cr in Tata Teleservices

Tata Sons writes off entire investment of Rs 28,651 cr in Tata Teleservices

Tue, Oct 23, 2018

Tata Sons is in the process of transferring the consumer mobile business of Tata Teleservices to Bharti Airtel and hiving off the enterprise segment to merge with the group's networking arm Tata Communications.

Tata Group to buy Jet Airways? Naresh Goyal led crisis hit airline needs saviour

Tata Group to buy Jet Airways? Naresh Goyal led crisis hit airline needs saviour

Thu, Oct 18, 2018

Jet Airways has been facing a financial crunch amid rising oil prices and a depreciating rupee. In a bid to revive itself, Jet said in August it will inject funds and cut costs to turn around the business, without elaborating further.

Tata Group beats ITC in NDMC auction to retain iconic Taj Mansingh Hotel

Tata Group beats ITC in NDMC auction to retain iconic Taj Mansingh Hotel

Fri, Sep 28, 2018

The auction was pending since the lease had expired in 2011 and the Tata group were operating the property on temporary extensions. The lease for the hotel will be granted to the group for 33 years at double the license fees.

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