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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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Focus on simplification, synergy, scale: Chandrasekaran to Tata workers

Focus on simplification, synergy, scale: Chandrasekaran to Tata workers

Wed, Dec 27, 2017

Chandrasekaran, who took over as the chief of the Tata group in February this year after the unceremonious ouster of Cyrus Mistry last year, said he was "more convinced than ever before about the future power and potential of the Tata businesses".

Thyssenkrupp ready to make workers offer for Tata Steel deal

Thyssenkrupp ready to make workers offer for Tata Steel deal

Sun, Dec 10, 2017

Thyssenkrupp is prepared to offer workers commitments on jobs and investments to get union backing for its deal with Tata Steel to merge their European steel operations, German weekly Bild am Sonntag reported, citing an internal memo.

Air India: No formal interest from Tatas, clarifies Sinha

Air India: No formal interest from Tatas, clarifies Sinha

Sat, Dec 02, 2017

The comment of the Union minister of state for civil aviation sought to clear the air after he told a television news channel yesterday that there were indications of interest from the Tatas for Air India.

Now Tata Teleservices customers will start enjoying services on Airtel's network

Now Tata Teleservices customers will start enjoying services on Airtel's network

Thu, Nov 23, 2017

Transition of subscribers will be done in a phased manger. The company said that the first batch of the transition is being effected in UP (West), Bihar, and West Bengal.

Mistry firms seek to amend plea in Mumbai NCLT against Tatas

Mistry firms seek to amend plea in Mumbai NCLT against Tatas

Fri, Nov 03, 2017

Cyrus Investments and Sterling Investments filed the amendment pleas, after the National Company Law Appellate Tribunal (NCLAT) on September 21 asked it to approach the Mumbai NCLT.

NTT DoCoMo gets $1.2 billion from Tatas; puts behind bitter feud

Tue, Oct 31, 2017

Japan's largest mobile firm NTT DoCoMo today said it has received over $1.2 billion (144.9 billion yen) from Tata Sons, bringing the curtains down on a prolonged bitter dispute over their telecom joint venture.

Tata Steel, Air India deal not profitable to Tata Group, says ex-Chief of Strategy Nirmalya Kumar

Tata Steel, Air India deal not profitable to Tata Group, says ex-Chief of Strategy Nirmalya Kumar

Thu, Oct 26, 2017

Nirmalya Kumar, former Chief of Strategy at Tata Group speaks about the current strategy of the company and what he would have done differently.

'I am being sacked', Mistry texted wife before board meet

'I am being sacked', Mistry texted wife before board meet

Sun, Oct 22, 2017

"I am being sacked" was the text message former Tata Sons chairman Cyrus P Mistry sent to his wife Rohiqa minutes after he was asked to either resign or face termination over Tata Trusts losing confidence in him for a variety of reasons.

Three deals that helped Bharti Airtel shares climb its two-year peak

Three deals that helped Bharti Airtel shares climb its two-year peak

Mon, Oct 16, 2017

Investors are quite optimistic on Bharti Airtel's so much so that the stock price has risen by nearly 19% in one week. This came in after Bharti's a list of deals to strengthen its footprint not only in domestic market but also international one.

Tata Teleservices Maharashtra to raise up to Rs 20,000 crore

Sat, Oct 14, 2017

Tata Teleservices (Maharashtra) Ltd (TTML) today said its board will meet on October 18 to consider a proposal for raising up to Rs 20,000 through issue of preference shares to promoters or via bonds.

Bharti Airtel–Tata deal part of consolidation in telcos after RJio's entry: Fitch

Bharti Airtel–Tata deal part of consolidation in telcos after RJio's entry: Fitch

Fri, Oct 13, 2017

Merging is being done on a debt-free cash-free basis, except for Bharti Airtel assuming a small portion of the unpaid spectrum liability of Tata’s towards the DoT, which is to be paid on deferred basis.

Tata Teleservices may shut down soon: A guide to use MNP to port your number

Tata Teleservices may shut down soon: A guide to use MNP to port your number

Tue, Oct 10, 2017

Tata Teleservices is reportedly in the process of shutting down its business. So what’s next for its subscribers?

Tata Group Chairman N Chandrasekaran officially expresses interest in buying Air India

Tata Group Chairman N Chandrasekaran officially expresses interest in buying Air India

Tue, Oct 10, 2017

Tata Sons CEO, N Chandrasekaran has officially remarked about the sale of the national carrier - Air India and Tata Group's interest in buying it.

Legacy businesses in India have burnt their fingers tapping the online market; Here’s why

Legacy businesses in India have burnt their fingers tapping the online market; Here’s why

Mon, Sep 25, 2017

With another online venture that may soon bite the dust it goes to show that the e-commerce game is not for everyone.

Face of Tata group to change in next decade, Ratan Tata says

Face of Tata group to change in next decade, Ratan Tata says

Thu, Sep 21, 2017

Hinting at consolidation and possible divestments of certain businesses which once defined the group, Tata said the conglomerate may look very different in the next decade, although the 150-year-old group will always strive to retain its culture.

Tata Communication net profit down 22% in Q1

Tata Communication net profit down 22% in Q1

Tue, Jul 25, 2017

Tata Communications on Monday reported a 22.27 % fall in its consolidated net profit at Rs 32.94 crore in the quarter ended June 30, as compared to Rs 42.38 crore in the year-ago period.

We'll definitely prune the portfolio: Tata Sons Chairman

We'll definitely prune the portfolio: Tata Sons Chairman

Sun, Jul 23, 2017

Emphasising that there will "definitely" be pruning of the Tata portfolio, Tata Sons Chairman Natarajan Chandrasekaran has said that the company will not exit a business "just to get a headline" but only when it is certain it is not getting returns from it.

Eurofins Scientific to acquire Tata's Advinus Therapeutics

Eurofins Scientific to acquire Tata's Advinus Therapeutics

Fri, Jul 21, 2017

Tata Industries on Thursday said that laboratory testing major Eurofins Scientific will acquire its preclinical contract research company Advinus Therapeutics.

Tata Sons' appoint Subramanian as Group Chief Digital Officer

Tata Sons' appoint Subramanian as Group Chief Digital Officer

Fri, Jul 14, 2017

Tata Sons on Thursday announced the appointment of Aarthi Subramanian as the Tata Groups Chief Digital Officer. According to the company, Subramanian, in her new role, will report to N. Chandrasekaran, Executive Chairman of Tata Sons.

Mega losses apart, six charts that show true picture of Air India as against other Indian airlines

Mega losses apart, six charts that show true picture of Air India as against other Indian airlines

Mon, Jul 10, 2017

Air India's will finally be sold off. However, the whens and hows are still unanswered. Zeebiz looks at financial and other data of the airline and compare to the aviation sector in India. The results are interesting.

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