Nov 05, 2024, at 06:33 pm
Mumbai/IBNS: Noel Tata has been appointed to the board of Tata Sons, the holding company of the Tata Group, as a representative of Tata Trusts, following his recent elevation to Trusts chairman after Ratan Tata’s death, reports the Economic Times (ET).
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.
Oct 15, 2024, at 12:05 am
Mumbai/IBNS: India's beloved industrialist and philanthropist Ratan Tata's demise last week triggered emotions and mournings all across the country.
Tata Motors and JLR to manufacture EVs in India for the world market: N Chandrasekaran
Sep 17, 2024, at 10:19 pm
Mumbai: Tata Motors and Jaguar Land Rover (JLR) are set to produce electric vehicles (EVs) in India for global markets, according to Tata Sons chairman N Chandrasekaran.
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.
NCLT gives nod for Vistara-Air India merger
Jun 08, 2024, at 07:01 pm
Chandigarh/IBNS: The National Company Law Tribunal (NCLT), a quasi-judicial body in India that adjudicates issues relating to Indian companies, at Chandigarh has given its nod for a merger between two airline companies -- Air India and Vistara.
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.
Tata Sons Chairman N. Chandrasekaran awarded France's highest civilian honour
May 18, 2023, at 03:02 am
Mumbai: Tata Sons Chairman N. Chandrasekaran was awarded the highest civilian honour of France "Chevalier de la Légion d'Honneur"—the highest honour in France by French Minister for Europe and Foreign Affairs Catherine Colonna.
Feb 02, 2023, at 01:06 am
New Delhi/IBNS: The Hinduja Group has lauded the Union Budget presented by Finance Minister Nirmala Sitharaman on Wednesday (Feb 1, 2022) for the Financial Year 2023-24 with a major focus on capital formation with the highest outlay ever outlay of Rs 2.40 lakh crore, about 9 times the outlay made in 2013-14.
Feb 02, 2023, at 12:52 am
Mumbai/IBNS: Tata Sons Chairman N Chandrasekaran has praised the Union Budget for prioritizing growth “given the challenging macro backdrop of slowing global growth and tightened financial conditions.”
Tata Sons chairman N Chandrasekaran to head Maharashtra's new economic advisory body
Dec 31, 2022, at 03:00 am
Mumbai/IBNS: Tata Sons chairman N Chandrasekaran will lead the new Economic Advisory Council of Maharashtra, the state government said on Thursday.
Tata Steel threatens to shut shop in UK: Report
Jul 25, 2022, at 12:41 am
UK's largest steel company, Tata Steel, has threatened to close operations unless the British government provides assistance of nearly 1.5 British pounds (around Rs 14,400 crore) within the next one year to help the company reduce its carbon emissions, the Financial Times (FT) reported.
Campbell Wilson appointed as the CEO & MD of Air India
May 12, 2022, at 09:36 pm
Mumbai: Tata Sons today announced Campbell Wilson’s appointment as the Chief Executive Officer (CEO) & Managing Director (MD) of Air India.
Air India proposes to buy 100 pc stake in Air Asia India
Apr 27, 2022, at 08:25 pm
Mumbai: Air India has proposed to buy a 100 percent stake in fellow Tata group-owned Air Asia India with the aim to merge the budget airline with Air India Express, its low-cost entity, to save operational costs.
Feb 25, 2022, at 11:02 pm
Mumbai: Tata Sons may review the appointment of new Air India CEO and MD Turkish national Ilker Ayci over potential hindrances in security clearance, media reports said.
Ratan Tata honoured with Assam's highest civilian award 'Assam Baibhav'
Feb 17, 2022, at 05:12 am
Guwahati/IBNS: Assam Chief Minister Dr Himanta Biswa Sarma on Wednesday conferred the "Assam Baibhav", the state's highest civilian award, on legendary businessman and philanthropist Ratan Naval Tata at a function held in Taj Wellington Mews in Mumbai.
Tata Group appoints former chairman of Turkish Airlines Ilker Ayci as CEO of Air India
Feb 16, 2022, at 07:22 am
Mumbai/IBNS: The Tata Group has appointed former chairman of Turkish Airlines Ilker Ayci as Air India's new CEO and MD, the conglomerate announced Tuesday.
Ilker Ayci appointed as CEO, MD of Air India: Tata Sons
Feb 14, 2022, at 11:12 pm
New Delhi: Tata Sons on Monday announced the appointment of Ilker Ayci as the CEO & MD of Air India.
Tata Sons extends N Chandrasekaran's term as chairman for 5 years
Feb 11, 2022, at 10:24 pm
Mumbai: The board of Tata Sons on Friday announced the extension of the tenure of chairman N Chandrasekaran for a period of five years.
Govt settled Air India's Rs 61,000 cr debt before transfer to Tatas
Jan 30, 2022, at 02:11 pm
New Delhi: The Centre has settled more than Rs 61,000 crore of Air India's legacy debt and other liabilities that were left in Air India Assets Holding Limited (AIAHL) -- before the transfer of the national carrier to the Tata Group, media reports said.
Jan 28, 2022, at 01:22 am
New Delhi/IBNS: Tata Sons Chairman N Chandrasekharan on Thursday said he is "convinced that the golden age of Air India lies ahead" as he welcomed the employees of the airline addressing them as "members of the Air India family".
Tatas to take over Air India on Thursday, new board to pilot the airline
Jan 27, 2022, at 04:14 am
New Delhi/UNI: Tata group is all set to take control of Air India on Thursday marking the end of long-running disinvestment process for the loss-making carrier.
Air India appoints Vikram Dev Dutt as CMD
Jan 22, 2022, at 07:49 am
Mumbai/IBNS: Air India on Friday appointed Vikram Dev Dutt as its chairman and managing director (CMD).
Banks offer Rs 35,000 cr loan to Air India's new owner Talace promoted by Tata
Dec 30, 2021, at 05:58 am
Mumbai/IBNS:Air India has been offered a loan of over Rs 35,000 crore at a weighted-average yield of 4.25 percent, the cut-off rate at which the government last raised one-year money through an auction of 364-days treasury bills, ET reported.
As Ratan Tata turns 84, here's a look at another great year of India's greatest businessman
Dec 29, 2021, at 05:18 am
Mumbai/IBNS: Legendary businessman Ratan Tata celebrated his 84th birthday on Tuesday. Birthday wishes poured in for the Chairman Emeritus of Tata Sons with netizens sharing photos from his youth and inspirational quotes from him.
Expat CEO to lead Air India; board to be reconstituted: Report
Dec 05, 2021, at 02:06 am
Mumbai/IBNS: Tata Sons has chosen a non-Indian CEO to head Air India and also shortlisted members for reconstituting the board of the acquired national career before it finally takes over in January 2022, media reports said.
Noel Tata steps down from all executive posts in Tata Group
Nov 24, 2021, at 08:57 pm
Mumbai/IBNS: Noel Tata has stepped down as the managing director of Tata International after turning 65, the retirement age for the senior personnel in Tata Group, Economic Times reported.
Tata Sons working on merger of Air Asia India with Air India Express: Report
Nov 18, 2021, at 11:53 pm
Mumbai/IBNS: Tata Sons has started working on the merger of budget carrier Air Asia India with Air India's low fair wing Air India Express in a bid to achieve synergies and cut operational costs, Economic Times reported.
Tata Sons to take over national carrier Air India, wins bid at Rs 18,000 crore
Oct 08, 2021, at 11:16 pm
New Delhi: Tata group won the bid to acquire India's flagship carrier Air India, adding another airline brand in its hangar with the other two being Vistara and Air Asia India, here on Friday.