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CCI approves Tata Sons' additional 10% stake purchase in Tata Play

Fair trade regulator CCI on Monday cleared Tata Sons' proposed acquisition of an additional 10 per cent stake in DTH operator Tata Play from Singapore's sovereign wealth fund Temasek Holdings. Currently, Tata Sons -- the promoter of Tata Group -- owns a 60 per cent stake in Tata Play. "The proposed combination involves the acquisition of 10 per cent shareholding in Tata Play by Tata Sons," the Competition Commission of India (CCI) said in a release. Tata Sons is an investment holding company, which is registered as a core investment company with the Reserve Bank of India and classified as a "Systemically Important Non-Deposit Taking Core Investment Company". "Commission approves the acquisition of certain additional shareholding in Tata Play Ltd by Tata Sons Pvt Ltd from Baytree Investments (Mauritius) Pte Ltd," the regulator said. Baytree Investments (Mauritius) is an affiliate of Singapore's sovereign wealth fund Temasek Holdings. Pursuant to the approval by CCI, Tata Sons will

CCI approves Tata Sons' additional 10% stake purchase in Tata Play
Updated On : 17 Mar 2025 | 9:27 PM IST

Tata Communications floats commercial papers to raise Rs 465 crore

Tata Communications on Monday said it has issued commercial papers to raise Rs 465 crore. The commercial papers has been issued on February 21 with May 23, 2025 as date of redemption, the company said in a regulatory filing. "Tata Communications Limited has issued and allotted Commercial Paper aggregating to an amount of Rs 465 crore. The said Commercial Paper is listed on National Stock Exchange of India Limited on February 24, 2025," the filing said. The face value per security is Rs 5 lakh. The company has offered a discount of 7.47 per cent per annum on the security.

Tata Communications floats commercial papers to raise Rs 465 crore
Updated On : 24 Feb 2025 | 10:49 PM IST

Delhi HC orders restraint on 'imposter' sites using Tata trademark

The Delhi High Court has restrained imposter domains found infringing the trademark of Tata Power Solar Systems Limited. Justice Amit Bansal was hearing the plea filed by Tata Power Solar Systems Limited against the infringement of its trademark by registrants of four imposter domains: www.tatapowersolardealership.co.in, www.tatapowersolars.com, www.tatapowersolars.org and www.tatapowersolarroof.com In a February 13 order, the court said, A bare perusal of the impugned domain names and email addresses used by the defendants (imposter domains registrants) makes it apparent that the said defendants have slavishly copied the plaintiffs' registered and well-reputed trademark TATA' and TATA POWER SOLAR' formative marks and the products of the said defendants bearing the impugned marks are being used for identical services, i.e., solar energy solutions. The court said it was a "clear case of infringement" of trademarks where the imposter domains took unfair advantage of the reputation and

Delhi HC orders restraint on 'imposter' sites using Tata trademark
Updated On : 21 Feb 2025 | 6:38 PM IST

Tata Advanced Systems to expand Karnataka ops, boost aerospace growth

TASL to establish state-of-the-art MRO facility for Indian Air Force's C-130J fleet

Tata Advanced Systems to expand Karnataka ops, boost aerospace growth
Updated On : 11 Feb 2025 | 9:44 PM IST
Updated On : 11 Feb 2025 | 1:43 PM IST

Tata Consumer Products Q3FY25 results: Net profit remains flat at Rs 279 cr

Tata Consumer, known for its 'Tetley' tea and its namesake brand of salt, was hurt by rising costs of domestic tea

Tata Consumer Products Q3FY25 results: Net profit remains flat at Rs 279 cr
Updated On : 30 Jan 2025 | 10:22 PM IST

Tata Technologies Q3 results: Net profit falls marginally to Rs 169 crore

Consolidated profit after tax fell marginally to Rs 169 crore ($19.52 million) in the October-December quarter, from Rs 170 crore a year ago

Tata Technologies Q3 results: Net profit falls marginally to Rs 169 crore
Updated On : 21 Jan 2025 | 5:48 PM IST

Tata Capital raises $400 million through maiden international bond

Tightens pricing by 33 bps over initial guidance

Tata Capital raises $400 million through maiden international bond
Updated On : 14 Jan 2025 | 11:19 PM IST

Tata partners with IISc to set up medical school, to contribute Rs 500 cr

Tata Group on Tuesday said it has partnered with the Indian Institute of Science (IISc) to establish Tata IISc Medical School at the institute's Bengaluru campus and will make a contribution of Rs 500 crore for support. The Tata IISc Medical School will be a centre of excellence that seeks to catalyse a unique model of clinical research and medical education in India, by bringing basic science and engineering to bear on clinical science and practice, the group said in a statement. It will focus on a variety of specialities, including oncology, cardiology, neurology, nephrology, diabetes and metabolic disorders, infectious diseases, integrative medicine, and public health. Under a Memorandum of Understanding (MoU) signed on Tuesday, the Tata Group will make a contribution of Rs 500 crore to support the establishment of the medical school, it said. Tata Sons Chairman N Chandrasekaran said, "Healthcare is one of India's biggest challenges and also one of its greatest opportunities, gi

Tata partners with IISc to set up medical school, to contribute Rs 500 cr
Updated On : 14 Jan 2025 | 8:00 PM IST

Tata Elxsi Q3 results: PAT falls 3.6% to Rs 199 cr, revenue at Rs 939 cr

The company's revenue from operations rose 2.7 per cent to Rs 939 crore ($109.40 million) for the quarter ended Dec. 31, below analysts' estimate of Rs 969 crore

Tata Elxsi Q3 results: PAT falls 3.6% to Rs 199 cr, revenue at Rs 939 cr
Updated On : 09 Jan 2025 | 6:10 PM IST

Tata Digital enters retail investment with fixed deposits marketplace

Tata Digital on Tuesday announced its foray into the retail investment space with the launch of its fixed deposits marketplace on the superapp Tata Neu. Customers can invest in fixed deposits through the marketplace with leading financial institutions at interest rates of up to 9.1 per cent without the need for a savings bank account, the company said in a statement. "With our fixed deposit marketplace, we aim to democratise access to high-yield, fixed-return instruments from multiple trusted providers. "This simple and secure platform is designed to offer competitive interest rates, empowering both seasoned investors and newcomers to grow their wealth confidently and effortlessly," Tata Digital Chief Business Officer, Financial Services, Gaurav Hazrati said. The company said customers invest as little as Rs 1,000. With bank investments insured up to Rs 5 lakh by the Deposit Insurance and Credit Guarantee Corporation (DICGC), they get safety and complete peace of mind. Customers c

Tata Digital enters retail investment with fixed deposits marketplace
Updated On : 07 Jan 2025 | 6:12 PM IST

Tata airlines overall seat capacity soars 20%, but IndiGo way ahead

Despite that the group has a long way to go even to reach half of the domestic seat capacity of rival IndiGo

Tata airlines overall seat capacity soars 20%, but IndiGo way ahead
Updated On : 13 Dec 2024 | 11:31 PM IST

Tata Electronics targets tech giants Microsoft, Dell for client expansion

Tata Electronics is expanding its client base beyond Apple, aiming to diversify by partnering with tech giants like Microsoft, Dell, and HP

Tata Electronics targets tech giants Microsoft, Dell for client expansion
Updated On : 05 Dec 2024 | 12:11 PM IST

Tata International, Tata Motors start vehicle scrapping facility in Pune

The Pune facility's inauguration comes amid a growing focus on organised scrapping solutions in India

Tata International, Tata Motors start vehicle scrapping facility in Pune
Updated On : 02 Dec 2024 | 10:10 PM IST

Time correction likely ahead, expect low-to-flat returns in near-term

The pharma and healthcare sectors have consistently delivered strong earnings, outperforming expectations

Time correction likely ahead, expect low-to-flat returns in near-term
Updated On : 27 Nov 2024 | 10:56 PM IST

Air India Express to reconfigure planes with biz class seats from Apr 2025

Air India Express plans to start reconfiguration of planes having business class seats from April 2025, as the airline focuses on operating narrow-body planes with only economy class seats, according to a senior official. The Tata Group-owned airline that merged AIX Connect with itself on October 1 has rationalised its network and currently has an operational fleet of 90 planes, including over 30 aircraft with dual-class seats. Amid supply chain woes impacting fresh aircraft deliveries, the airline has, so far, inducted 35 white-tail Boeing 737-8 planes. Their count will rise to 50 in the coming months. Many of these white-tail aircraft have varying numbers of business-class seats. Generally, white-tail planes are those that were originally manufactured for a particular airline and later taken by another airline. The senior airline official said it will start reconfiguration of the aircraft having business class from April onwards. The carrier wants to offer only economy class se

Air India Express to reconfigure planes with biz class seats from Apr 2025
Updated On : 11 Nov 2024 | 7:28 PM IST
Updated On : 28 Oct 2024 | 8:02 PM IST

PM Modi, Spain PM to inaugurate Tata-Airbus C295 Vadodara plant today

Tata-Airbus C295 project to be inaugurated in Vadodara on Monday marks the first time a military aircraft will be manufactured in India by a private company

PM Modi, Spain PM to inaugurate Tata-Airbus C295 Vadodara plant today
Updated On : 28 Oct 2024 | 9:30 AM IST

PM Modi, Spanish counterpart to inaugurate Tata's C-295 aircraft facility

Prime Minister Narendra Modi and his Spanish counterpart, Pedro Sanchez, will inaugurate the Tata aircraft complex in Gujarat's Vadodara on Monday for manufacturing C-295 aircraft by Tata Advanced Systems. The Prime Minister's Office (PMO), in a statement on Saturday, said this will be the first private sector final assembly line for military aircraft in India. During the visit to his home state, Modi will also launch development projects worth more than Rs 4,900 crore in Amreli. The PMO said 40 aircraft will be built in the Vadodara facility as part of the agreement, while aviation behemoth Airbus will deliver 16 aircraft directly. Tata Advanced Systems is responsible for making these 40 aircraft in India and this facility will be the first private sector final assembly line (FAL) for military planes in India. It will involve the full development of a complete ecosystem, from manufacture to assembly, test and qualification, to delivery and maintenance of the complete life cycle o

PM Modi, Spanish counterpart to inaugurate Tata's C-295 aircraft facility
Updated On : 26 Oct 2024 | 4:39 PM IST