IHCL plans to double hotel rooms, revenue by 2030 with Rs 5,000 cr capex
Nov 19, 2024, at 11:37 pm
Mumbai: Tata Group’s hospitality arm Indian Hotels Company Ltd (IHCL) has allocated capex of Rs 5,000 crore to increase its properties to over 700 by 2030, news agency PTI reported.
Air India completes merger with Vistara, creating India’s largest full-service carrier
Nov 12, 2024, at 11:12 pm
New Delhi/IBNS: The Air India Group has successfully completed the operational integration and legal merger of Air India and Vistara, finalizing a major step in its post-privatization transformation.
Nov 11, 2024, at 07:23 pm
Mumbai/IBNS: Today (Monday, Nov. 11) marks the final day of operations for Vistara under its own brand, as the airline will transition to flying as part of Air India starting Tuesday (Nov. 12).
Board of Tata Trusts meets to discuss appointment of third representative to Tata Sons
Oct 17, 2024, at 07:27 pm
Mumbai/IBNS: The board of Tata Trusts is meeting today (Thursday, Oct. 17) to discuss the appointment of a third representative to the board of Tata Sons, reports Economic Times.
India Inc mourns Ratan Tata's demise
Oct 10, 2024, at 09:33 pm
Mumbai: As Indians from all walks of life mourn the loss of the country’s beloved industrialist Ratan Tata, business leaders have shared heartfelt tributes to the iconic figure, whose life and legacy have left an enduring impact for generations to come.
Shares of Tata Elxsi, TTML, Tata Power jump up to 15% in stock market today
Oct 10, 2024, at 06:09 pm
Mumbai/IBNS: Hours after Ratan Tata's death, Tata Group stocks experienced a surge in buying activity during early trading on Thursday (Oct. 10).
Noel Tata takes centre stage in Tata Group's leadership transition after Ratan Tata's death
Oct 10, 2024, at 05:56 pm
Mumbai/IBNS: The demise of Tata Group chairman Ratan Tata has brought attention to the future leadership of Tata Trusts, where his half-brother, Noel Tata, is emerging as a significant figure, reports said.
Tata Power to invest up to $9 billion in expanding renewable energy capacity
Sep 18, 2024, at 08:17 pm
Mumbai/IBNS: Tata Power plans to invest up to $9 billion to more than quadruple its renewable energy capacity to over 20 gigawatts (GW) within the next five to six years, Reuters reported on Tuesday, citing the company's CEO Praveer Sinha.
Sep 10, 2024, at 06:38 pm
Bengaluru/IBNS: American tech giant Apple has started talks with Micron, the Tata Group, and other semiconductor manufacturers setting up plants in India to secure $12 billion worth of chips for its iPhones produced in the country.
Annual report shows Tata Group's aviation business more than halves loss in FY24
Sep 07, 2024, at 10:50 pm
Mumbai/IBNS: Tata Sons FY24 annual report revealed that the Tata Group's aviation business narrowed losses to Rs 6,337 crore from Rs 15,414 crore in the previous fiscal year.
Tata Sons clears Rs 20,000 crore debt to avoid mandatory share market listing
Aug 26, 2024, at 06:28 pm
Mumbai/IBNS: Tata Sons, the $410-billion holding company of the Tata Group, has voluntarily surrendered its certificate of registration after repaying over Rs 20,000 crore in debt to remain an unlisted entity, according to a report by The Economic Times.
Aug 02, 2024, at 05:17 am
Mumbai: The Board of Directors of Tata Motors Ltd has approved a Composite Scheme of Arrangement involving the demerger of its Commercial Vehicle (CV) business undertaking and the merger of Tata Motors Passenger Vehicles (TMPV) with the existing listed company thereby resulting in two separate listed companies for the CV and PV businesses.
Tata Group cancels stake acquisition in Chinese phone maker Vivo India as Apple objects deal: Report
Jul 31, 2024, at 10:35 pm
Mumbai: The Tata Group's attempt to acquire a majority stake in Vivo's India business has faced challenges due to objections from Apple, according to a Times of India report.
Tata Steel Q4FY24: PAT drops 64.6% YoY Rs 555 cr
May 30, 2024, at 04:53 am
Mumbai: Tata Steel's net profit in January-March quarter witnessed a staggering 64.6% year-on-year decline to Rs 555 crore, as per an exchange filing released on Wednesday.
Jaguar Land Rover to make iconic Range Rover models in India; prices likely to come down
May 24, 2024, at 10:00 pm
Mumbai: Jaguar Land Rover has said it will start assembling the iconic Range Rover models at the Pune plant in India, marking the first time this process will occur outside of the UK.
Air India hikes salaries, announces performance bonus for pilots
May 24, 2024, at 05:39 am
Tata Group-owned Air India Thursday announced a salary hike of up to Rs 15,000 for pilots besides an annual performance bonus of up to Rs 1.8 lakh with effect from April 1.
Tata Consumer Products Q4FY24 profit down by 19% YoY to Rs 217 cr
Apr 24, 2024, at 04:36 am
Mumbai: Tata Consumer Products Ltd, the company behind Tetley tea and Ching's Secret noodles, recorded a net profit (attributable to owners) of Rs 217 crore in the fourth quarter of FY24, marking a 19 percent decline from Rs 269 crore in the corresponding period last year.
Apr 17, 2024, at 02:05 am
Bengaluru: Apple is in talks with the Murugappa Group and Tata Group's Titan Company for manufacturing sub-components for iPhone camera modules, media reports said.
Tata Advanced Systems partners with Boeing to manufacture advanced composite assemblies
Jan 20, 2024, at 07:52 am
Hyderabad/UNI: Tata Advanced Systems Ltd. (TASL), a wholly owned subsidiary of Tata Sons, on Friday announced it has signed a contract with Boeing Commercial Aeroplanes (BCA) to manufacture and supply advanced composite assemblies for the Boeing 737 MAX, 777X, and 787 Dreamliner.
Tata Group promises major new investments, expansion plans in Telangana
Jan 19, 2024, at 05:06 am
Hyderabad/UNI: Tata Group on Thursday said it would make major new investments and expand its presence in Telangana.
Air India appoints P. Balaji as Group Head GRC & Corporate Affairs
Jan 04, 2024, at 02:40 am
Gurugram: Air India Wednesday announced the appointment of P. Balaji in a newly created role of Group Head- Governance, Regulatory, Compliance (GRC) and Corporate Affairs.
Tata Power's market cap crosses Rs 1 lakh crore
Dec 09, 2023, at 05:39 am
Mumbai: Tata Power’s market capitalization has crossed Rs 1 lakh crore (1 trillion), making it the second infrastructure and sixth company from Tata Group to achieve this milestone, the company said in a press release.
Tata Technologies IPO gets strong response; gets subscribed 69.43 times
Nov 25, 2023, at 02:47 am
Mumbai: Tata Technologies initial public offering (IPO), the first from Tata Group since the Tata Consultancy Services IPO in 2004, garnered full subscription just within the first few hours of opening.
Air India poised to restore entire 'long grounded' fleet since Tata Group took reins
Nov 09, 2023, at 05:26 am
Mumbai: Air India is set to restore its entire "long-grounded" fleet, which has been out of operation since the Tata Group took over two years ago.
Tata Motors to sell 9.9% stake in IPO-bound subsidiary Tata Technologies
Oct 14, 2023, at 05:31 am
Mumbai: Tata Motors Limited (TML) is divesting a 9.9 percent stake in its IPO-bound subsidiary, Tata Technologies (TTL), for Rs 1613.7 crore as part of its strategy to reduce debt.
TCS reports Rs 11,342 cr net profit for Q2FY24; declares Rs 9 dividend per share
Oct 12, 2023, at 02:34 am
Mumbai: Tata Consultancy Services (TCS) on Wednesday announced a net profit of Rs 11,342 crore for the Q2FY24, propelled by a robust order book, particularly in the BFSI sector, despite a challenging business environment.
Administrative agency of the U.S. state of Georgia hires TCS to replace its insurance claim platform
Oct 06, 2023, at 02:02 am
Atlanta (United States): Tata Consultancy Services (TCS) has been selected by the Georgia Department of Labor (GDOL) to replace its 1980s-era legacy platform with a proven, agile, secure, and scalable cloud-based unemployment insurance system that streamlines the claims process and ensures that eligible individuals receive prompt financial assistance and support when they need it most.
Tata Group in talks to buy 51% stake in Haldiram's: Report
Sep 07, 2023, at 02:50 am
New Delhi: Tata Group is likely to compete directly with Pepsi and billionaire Mukesh Ambani's Reliance Retail as the conglomerate’s consumer unit is in talks to buy at least 51% of popular snack food maker Haldiram's, Reuters reports said.
CCI approves Air India-Vistara merger
Sep 02, 2023, at 02:48 am
New Delhi: India’s anti-trust watchdog the Competition Commission of India (CCI) has approved the merger of Tata Group airlines Vistara and Air India, making Air India the largest international carrier in India and the second biggest domestic carrier after IndiGo.
Jul 30, 2023, at 02:30 am
Mumbai: Tata Steel on Saturday celebrated the 119th birth anniversary of the Tata Group's late iconic leader and aviator, Bharat Ratna JRD Tata, with a series of events held at various locations across the company.