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Tata Group

Tata group firm Indian Hotels Company picks majority stake in Rajscape Hotels

Tata group firm Indian Hotels Company picks majority stake in Rajscape Hotels

Tue, Nov 05, 2024

The acquisition of majority shareholding is aimed at strengthening IHCL's presence in the experiential leisure segment.

Air India to cancel around 60 flights on India-US routes in Nov-Dec due to non-availability of aircraft

Air India to cancel around 60 flights on India-US routes in Nov-Dec due to non-availability of aircraft

Thu, Oct 31, 2024

The flights, which have been cancelled during the peak travel period, include services to San Francisco and Chicago, among others, the source said.

Tata Technologies Q2 FY25 Results: Tata group firm's Q2 profit falls nearly 2% to Rs 157 crore

Tata Technologies Q2 FY25 Results: Tata group firm's Q2 profit falls nearly 2% to Rs 157 crore

Mon, Oct 28, 2024

Tata Technologies said its consolidated revenue from operations in the quarter under review stood at Rs 1,296.45 crore as against Rs 1,269.17 crore in the year-ago period.

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FinMin ask banks, LIC to keep watch on Tata group developments

FinMin ask banks, LIC to keep watch on Tata group developments

Sun, Nov 06, 2016

In Tata Power LIC owns 13.1% stake, 7.13% in Tata Motors, 8.8% in Indian Hotels and 9.8% in Tata Global Beverages.

Throw me under the bus to gain credibility in new regime, says former Tata employee

Throw me under the bus to gain credibility in new regime, says former Tata employee

Sun, Nov 06, 2016

Kumar said that he was fired from his position for "working intensely and extensively" with ousted Tata Sons Chairman Cyrus Mistry.

Ratan Tata installs new management team at Tata Sons

Ratan Tata installs new management team at Tata Sons

Sat, Nov 05, 2016

Ratan Tata, patriarch of the Tata group who is temporarily back at the helm as interim chairman, has put together a team of five executives, including two former Mistry advisers, Tata Sons said in a statement on Friday.

Tata Sons makes organisational changes; Rajan, Kannan, Kumar quit

Tata Sons makes organisational changes; Rajan, Kannan, Kumar quit

Fri, Nov 04, 2016

Tata Sons has found replacements for NS Rajan, Madhu Kannan and Nirmalya Kumar, it said in a statement on Friday.

Tata Motors' passenger vehicles grow 28% in October

Tata Motors' passenger vehicles grow 28% in October

Tue, Nov 01, 2016

The company's sales from exports were at 6,333 units in October 2016, a rise of 39% to 4,569 vehicles sold during the same period last month.

Mistry woes continue: Brickwork Ratings downgrades Tata Steel

Mistry woes continue: Brickwork Ratings downgrades Tata Steel

Mon, Oct 31, 2016

Citing "heightened management risk" following the ouster of Cyrus Mistry as Chairman of Tata Sons, Brickwork Ratings has revised outlook of Tata Steel to negative while as revised the ratings of its NCDs worth Rs 6,500 crore.

Mistry Ouster: 3 Tata Sons senior group executives quit

Mistry Ouster: 3 Tata Sons senior group executives quit

Sun, Oct 30, 2016

Three senior group executives at Tata Sons have resigned, people close to the matter told Reuters on Saturday, as management woes appeared to deepen at the $100 billion (nearly Rs 6,65,275 crore) conglomerate following the stunning ouster of its chairman.

Tata Group turmoil: Is it time to rejig your mutual funds portfolio?

Tata Group turmoil: Is it time to rejig your mutual funds portfolio?

Sat, Oct 29, 2016

With the ongoing saga at the Bombay House, Tata Group companies have lost nearly Rs 55,000 crore of investors' money in the past week.

Amazon to buy publishing business of Tata-owned Westland

Amazon to buy publishing business of Tata-owned Westland

Sat, Oct 29, 2016

US-based e-commerce giant Amazon said it is acquiring the publishing business of Tata-owned Westland for an undisclosed sum.

Mistry ouster: Tata Group’s HR head quits

Mistry ouster: Tata Group’s HR head quits

Sat, Oct 29, 2016

After the unceremonious exit of Cyrus Mistry from Tata Group, Chief Human Resources Officer (CHRO) of the company, N S Rajan put in his papers on Friday. The disbanding of the group executive council (GEC) triggered Rajan’s resignation, a report by Times of India said.

Cyrus Mistry denies Tata Group's claim on Welspun Power buy

Cyrus Mistry denies Tata Group's claim on Welspun Power buy

Sat, Oct 29, 2016

Stepping up his attack on the Tata Group in general and Ratan Tata in particular, ousted chairman Cyrus Mistry, on Friday, denied group's claim that the board was not properly consulted on Tata Power's purchase of Welspun Power in June.

Mistry woes continue: Says surprised by Tata's justification of his dismissal

Mistry woes continue: Says surprised by Tata's justification of his dismissal

Sat, Oct 29, 2016

The war of words between Tata Sons and its ousted Chairman Cyrus Mistry ratcheted up a notch late on Friday, with Mistry stating he was surprised with reasons given by the Indian conglomerate for his dismissal.

Indian Hotels to move Supreme Court against Delhi HC verdict

Indian Hotels to move Supreme Court against Delhi HC verdict

Fri, Oct 28, 2016

The company had filed an appeal challenging the earlier judgment dated September 5, 2016.

Will a Tata lead salt-to-software conglomerate again?

Will a Tata lead salt-to-software conglomerate again?

Fri, Oct 28, 2016

Noel Tata, Ratan Tata's half-brother and Cyrus Mistry's brother-in-law may be in the running for the job once again.

Cyrus Mistry departed from the culture and ethos of the group, Tata Sons says

Cyrus Mistry departed from the culture and ethos of the group, Tata Sons says

Thu, Oct 27, 2016

Tata Sons called Mistry's claims of $18 billion worth of probable write-downs as "unsubstantiated claims and malicious allegations".

Indian Hotels' shares plunge 6% as Delhi HC rejects extension bid

Indian Hotels' shares plunge 6% as Delhi HC rejects extension bid

Thu, Oct 27, 2016

Shares of Tata-owned Indian Hotels Company Ltd tanked nearly 6% after Delhi High Court rejected Taj Mansingh Hotel's bid to extend lease.

Tata Steel says ‘No comment’ to Cyrus Mistry's $18 billion write-down letter

Tata Steel says ‘No comment’ to Cyrus Mistry's $18 billion write-down letter

Thu, Oct 27, 2016

Responding to the scathing letter written by ex-Chairman Cyrus Mistry, Tata Steel on Thursday said that the company has followed all the guidelines and has 'nothing further to comment.’

Shocked beyond words, says Cyrus Mistry on unceremonious ouster

Shocked beyond words, says Cyrus Mistry on unceremonious ouster

Wed, Oct 26, 2016

In an email to the Tata Son’s group, Cyrus Mistry, former chairman of Tata Group has emailed the board stating that he was ‘shocked beyond words’ by his unceremonious removal from the company.

Tata in race against time to save global image

Tata in race against time to save global image

Wed, Oct 26, 2016

India`s largest conglomerate Tata faces one of the most turbulent periods in its long history after its shock decision to sack its chairman, analysts say, as it battles to save its global reputation.

Mistry's ouster: Tatas file caveats in SC, HC and NCLT

Mistry's ouster: Tatas file caveats in SC, HC and NCLT

Tue, Oct 25, 2016

Earlier in the day, interim Chairman Ratan Tata had asked senior management of the conglomerate's firms to focus on their businesses without being concerned about the top level change.

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