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Tata Group News
Happy Holi for investors! This Ratan Tata firm rose by Rs 754 in 1 year, gave 50% return to investors
Tue, Mar 19, 2019
From last year’s Holi to this year, IT-giant Tata Consultancy Services (TCS) has made many investors wealth in green.
Vistara, Japan Airlines ink code share agreement
Fri, Feb 22, 2019
The code share flights will offer convenient connections to and from a daily flight that Japan Airlines already operates to Delhi directly from Tokyo Narita, it said.
Value of brand Tata soars 37% to USD 19.5 billion in 2019 - Only domestic brand in this global top 100 list
Mon, Jan 28, 2019
The salt-to-software group has been ranked 86th in the list compiled by the London-based consultancy Brand Finance, up from 104 in 2018, the statement said, adding it is the only domestic brand in the global top-100.
Tata Motors to launch new premium hatchback in Q2 FY'20
Fri, Jan 25, 2019
Tata Motors has expanded its sales points across the country, with Rajasthan being one of the focus markets having huge potential for the passenger car market, he said.
TCS shares decline nearly 3% post Q3 earnings
Fri, Jan 11, 2019
The country's largest software exporter TCS Thursday reported 24.1 per cent growth in net profit at Rs 8,105 crore for the quarter ended December 2018.
Jet Airways is in active discussions with various investors: CEO Vinay Dube
Wed, Nov 21, 2018
Tata Sons, the holding company of the Tata Group firms, had said discussions on acquiring a stake in the financially troubled Jet Airways have been at a preliminary stage and that no such proposal has been made so far.
PM Modi boards crisis hit Jet Airways flight, prods Tata group to save Naresh Goyal airline
Fri, Nov 16, 2018
PM Modi has himself been personally keeping a close watch on Jet Airways crisis and asked Tata Group to provide as much help in the matter as possible, claimed a Zee Business Channel report.
Exclusive! Tata, Jet Airways merger: Deal announcement may be tomorrow
Thu, Nov 15, 2018
Cash-strapped Jet Airways merger with Tata group has been hogging the headlines for weeks now and this is the latest that has emerged. A business viability plan on the proposed acquisition is expected to be presented to the board on Friday itself by Tata Sons Ltd Chairman N. Chandrasekaran, said a newspaper report citing people close to the development.
Cyrus Mistry vs Tata group: An RTI reply sheds light on this surprising tun of events
Wed, Nov 14, 2018
The Ministry of Corporate Affair's western region director had raised questions on some of the grounds Registrar of Companies (RoC) used to declare that the sacking of Cyrus P Mistry as chairman and director of Tata Sons and Tata Consultancy Services (TCS) violated Companies Act and RBI rules, according to an RTI reply.
Aviation: Jet Airways terms deal with Tata group as 'speculative'
Tue, Nov 13, 2018
The cash-strapped airline, in which gulf carrier Etihad Airways holds 24 per cent stake, is looking to raise funds and has appointed merchant bankers to tie-up with potential investors.
The magnitude of fall in China is something that no OEM had planned for: PB Balaji, CFO, Tata Motors
Tue, Nov 06, 2018
New products will be launched with an electric power steering system (EPS), which has the potential for huge success. Besides, Evoque will be relaunched, said PB Balaji, Group CFO, Tata Motors.
Ex Tata executive alleges sexual harassment; group says matter investigated by independent panel
Fri, Nov 02, 2018
Writing for a leading English daily, Anjuli Pandit, a former executive assistant to ex-MD & CEO of Taj Hotels, Rakesh Sarna, claimed she reached out to Taj board members, Tata Group Executive Council members, the chairman and the senior-most HR official with her complaint against Sarna. "The only resolution they could find was to ask me to resign from Taj, immediately," she wrote, adding she "lost trust in Taj's process" as the company's Internal Complaint Committee, comprised "Sarna, four people within two reporting lines of him and an external member from one of Tata's closest law firms".
Tata Sons writes off entire investment of Rs 28,651 cr in Tata Teleservices
Tue, Oct 23, 2018
Tata Sons is in the process of transferring the consumer mobile business of Tata Teleservices to Bharti Airtel and hiving off the enterprise segment to merge with the group's networking arm Tata Communications.
Tata Group to buy Jet Airways? Naresh Goyal led crisis hit airline needs saviour
Thu, Oct 18, 2018
Jet Airways has been facing a financial crunch amid rising oil prices and a depreciating rupee. In a bid to revive itself, Jet said in August it will inject funds and cut costs to turn around the business, without elaborating further.
Tata Group beats ITC in NDMC auction to retain iconic Taj Mansingh Hotel
Fri, Sep 28, 2018
The auction was pending since the lease had expired in 2011 and the Tata group were operating the property on temporary extensions. The lease for the hotel will be granted to the group for 33 years at double the license fees.
TCS Recruitment 2018: Company holds online test for 2.80 lakh engineering graduates
Tue, Sep 25, 2018
As many as 2,80,000 engineering graduates have taken the online examination conducted earlier this year. The company has taken the digital route in its bid to have a pan India recruitment exam which it has termed as the National Qualifier Test.
NCLAT declines stay on Tata Sons' conversion to pvt co; says Cyrus Mistry can't be forced to sell stake
Fri, Aug 24, 2018
In September last year, Tata Sons had received shareholders' nod to convert itself into a private limited company from being a public limited company, limiting in effect Cyrus Mistry family's ability to sell their stake to outsiders.
TCS hiring! N Chandrasekaran says Tata Group firm to expand workforce in Gujarat
Tue, Aug 21, 2018
Tata Sons chairman N Chandrasekaran, who was on a visit to Gandhinagar yesterday, met Chief Minister Vijay Rupani, Deputy Chief Minister Nitin Patel, energy minister Saurabh Patel, and senior bureaucrats. Chandrasekaran apprised them about the Tata Group‘s plans in Gujarat, said a DNA report.
Cyrus Mistry approaches NCLAT against his removal from Tata Sons
Fri, Aug 03, 2018
A special bench of the tribunal held that the Board of Directors at Tata Sons was "competent" to remove the executive chairperson of the company.
JRD Tata birth anniversary: All you need to know in brief
Sun, Jul 29, 2018
JRD Tata birth anniversary: Jehangir Ratanji Dadabhoy is one of the pioneers of industry in India. The French-born Indian reshaped Indian aviation and industrial space. He was the first licenced pilot in India and an able entrepreneur and responsible for the inception of Air India in 1932.