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Tata Group to create 5 lakh manufacturing jobs over next half decade: N. Chandrasekaran

Tata Group to create 5 lakh manufacturing jobs over next half decade: N. Chandrasekaran

Thu, Dec 26, 2024

The Tata Group plans to create 500,000 manufacturing jobs over the next half-decade in sectors like battery, semiconductors, electric vehicles and solar industries, Tata Sons Chairman N. Chandrasekaran said on Thursday.

Starbucks 'fully committed' to Indian market: Tata Starbucks

Starbucks 'fully committed' to Indian market: Tata Starbucks

Sat, Dec 21, 2024

Tata Starbucks, is a 50:50 joint venture between Tata group FMCG arm Tata Consumer Products Ltd (TCPL) and US-based Starbucks Corporation, which operates a cafe chain in India under the brand name of Starbucks.

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.

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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.

Tata companies must focus on market position, says Ratan Tata

Tata companies must focus on market position, says Ratan Tata

Tue, Oct 25, 2016

Ratan Tata, interim chairman, Tata Sons on Tuesday said that the group companies must focus on market position and enhance shareholder returns.

Tata stocks in focus as Board boots out Cyrus Mistry

Tata stocks in focus as Board boots out Cyrus Mistry

Tue, Oct 25, 2016

The Mistry family is the second largest shareholder in Tata Sons with over 18% stake. Media reports said that the family has decided to take legal action against the Board for not following due procdure before sacking Mistry.

Taking charge is in the interest of stability of Tata Sons: Ratan Tata to employees

Taking charge is in the interest of stability of Tata Sons: Ratan Tata to employees

Mon, Oct 24, 2016

As per the company's statement, it will decide the new Chairman in next four months.

Here's how Tata shares performed during Cyrus Mistry's 4 year reign

Here's how Tata shares performed during Cyrus Mistry's 4 year reign

Mon, Oct 24, 2016

Mistry had took over the seat four years back, in December 2012, when Ratan Tata decided to become 'angel' for startups.

Cyrus Mistry's removal illegal, says Shapoorji Pallonji Group

Cyrus Mistry's removal illegal, says Shapoorji Pallonji Group

Mon, Oct 24, 2016

Just hours after the sacking of Tata Sons' Chairman Cyrus Mistry, Shapoorji and Pallonji Group has termed his removal as illegal, according to an ET Now alert.

Docomo moves to US court to force Tatas pay $1.2 billion

Docomo moves to US court to force Tatas pay $1.2 billion

Fri, Oct 07, 2016

Tata Sons clarified that by pursuing the application before the English High Court, it is "following the path laid down by the arbitral tribunal in the award".

Exits for Tata Group usually the last resort, says Cyrus Mistry

Exits for Tata Group usually the last resort, says Cyrus Mistry

Sun, Oct 02, 2016

Tata Group chairman Cyrus Mistry has said he is "not embarrassed" to admit that exits for the group, which has exited over 40 businesses in 20 years, are usually the last resort and the conglomerate does not take decisions about exiting through a "short-term financial lens".

Trent redeems Rs 300 crore from non-convertible debentures

Trent redeems Rs 300 crore from non-convertible debentures

Tue, Sep 20, 2016

It said in a statement,Trent has redeemed 3000 rated lsisted unsecured redeemable NCDs at face value of Rs 10 lakhs each which was allotted on April 6, 2015 at par on due date i.e. September 20.”

"Challenging situations" call for hard decisions on portfolio: Cyrus Mistry

"Challenging situations" call for hard decisions on portfolio: Cyrus Mistry

Wed, Sep 14, 2016

Mistry said each of the group companies is charting its own strategy and growth story, with the focus on sustainable and profitable growth.

Tata CLiQ’s ‘Dependence sale’ offers multiple discounts till this Independence Day

Tata CLiQ’s ‘Dependence sale’ offers multiple discounts till this Independence Day

Fri, Aug 12, 2016

Tata group’s multi-brand phygital (physical + digital) ecommerce platform, Tata CLiQ launched its first ever Dependence Sale. This sale is in keeping with the 70th year of independence of India.

JLR sales up 34% in July at 44,486 units

JLR sales up 34% in July at 44,486 units

Sat, Aug 06, 2016

Tata Motors-owned Jaguar Land Rover today reported 34 per cent jump in retail sales in July at 44,486 units. The month's performance has been driven by strong sales of Land Rover Discovery Sport, Jaguar XE and F-PACE, the company said in a statement.

Tata Group sells its Taj Boston for $125 million

Tata Group sells its Taj Boston for $125 million

Wed, Jul 13, 2016

"On May 18, 2016, the Indian hotels has accorded its approval to United Overseas Holding Inc (UOH) to pursue the option of divestment of Taj Bostan Hotel via sale or disposal of its entire issue along with outstanding LLC interests of IHMS (Boston) LLC at selling price not lower than $ 125 million to an independent third party," Indian Hotels said in a regulatory filing.

Tata Steel in JV talks with ThyssenKrupp for European biz

Tata Steel in JV talks with ThyssenKrupp for European biz

Sat, Jul 09, 2016

The announcement has come after the company screened around 200 potential financial and industrial investors for sale of its loss-making UK operations.

India, Thailand, Myanmar to be connected with a 1400-km highway

India, Thailand, Myanmar to be connected with a 1400-km highway

Mon, May 23, 2016

Indian Ambassador to Thailand Bhagwant Singh Bishnoi said 73 bridges in Myanmar, built more than seven decades ago during World War II, were being renovated with funding from India to allow vehicles to cross the highway safely.

India Inc is selling its prized possessions

India Inc is selling its prized possessions

Sat, May 21, 2016

What do Tata Group, Reliance ADAG, Bharti Airtel, Jaypee Group, DLF, and several other Indian businesses have in common today?

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