Page 16 - Tata Group

Market Close Highlights, Oct 10: Sensex adds 144 pts, Nifty nears 25,000; Banking shares shine

Stock Market Close Highlights, Oct 10, 2024: Kotak Mahindra Bank, JSW Steel, HDFC Bank, Bharat Electronics, and IndusInd Bank were among the 23 constituent stocks of the Nifty50 that ended in the gree

Will walk alongside Air India: IndiGo MD Bhatia pays tribute to Tata

Paying tribute to late Ratan Tata, InterGlobe Enterprises Group Managing Director Rahul Bhatia on Thursday said IndiGo will walk alongside Air India to secure the country's rightful seat at the centre stage of global aviation. "As we all know, Mr. Tata had a deep passion for flying machines, and I was only too pleased to see Air India return to where it truly belonged," Bhatia said in a statement. Tata, who was the Chairman Emeritus of Tata Sons, passed away on Wednesday night. "While I am much too small a man to say this, in tribute to Mr Tata's love for flight and his vision for the future of Indian Aviation, IndiGo will, ever so modestly, walk alongside Air India to secure India's rightful seat at the centre stage of global aviation," Bhatia said. InterGlobe Enterprises is the parent of the country's largest airline IndiGo. Bhatia also recalled that he had the occasion to engage with Tata and that was when he returned from college in 1985. According to Bhatia, they discussed t

Ratan Tata looked beyond the balance sheets. He was a man of ideas

Ratan Tata was a reflection of compassionate capitalism. Like other gems of the Tata brand, he didn't require any parliamentary legislation to fulfill his social responsibilities

Ratan Tata's success: A billion-dollar empire minus the billionaire tag

Despite leading a multi-billion-dollar empire, Ratan Tata was never included in billionaire rankings. Read on to find out why

Visionary, an inspiration: India Inc mourns demise of nation's Ratan

Ratan Tata was at the helm of the widely known Tata Group for 21 years between 1991 and 2012, and under him, the group's profits rose by 50 times

Jamshedpur mourns Ratan Tata, who brought global recognition to backwater

The city of Jamshedpur, popularly known as 'Tatanagar', is mourning. And so is Jharkhand where a day's mourning was declared on Thursday in a mark of respect for industrialist Ratan Tata. Named after Tata Group's founding father Jamsetji Nusserwanji Tata, it was the timeless vision of Ratan Tata that propelled Jamshedpur's growth and put it on the global map. His contributions are considered significant towards shaping Jharkhand, a backward region that became a state in 2000. He first visited Jamshedpur in 1963 to look into how Tata Steel, now a global conglomerate, works. He then visited the city in 1965 to hone his pilot skills. As soon as the news of his demise spread, a pall of gloom descended on the city. Since the morning, people from different walks of life have been visiting the Tata Centre to pay their homage to the legend who died at a Mumbai hospital on Wednesday night at the age of 86. Ratan Tata, who became the chairman of Tata Steel in 1993, visited the city ...

Ratan Tata was visionary leader, cherished partner: Singapore Airlines CEO

Ratan Tata was a visionary global business leader as well as a cherished partner, Singapore Airlines CEO Goh Choon Phong said on Thursday and emphasised that his legacy inspires us as Tata Sons and the airline continue their collaboration on the Vistara-Air India merger. Vistara is a joint venture between the Tatas and Singapore Airlines. Back in 1994, the Tata Group and Singapore Airlines (SIA) made efforts to set up a joint venture airline in India. Six years later, they again tried to enter the country's aviation market, this time by teaming up to acquire stakes in Air India. However, the two attempts did not take off. Finally, they realised their dream as Vistara took to the Indian skies in January 2015. And in November 2022, Tata Group announced the merger of Vistara with Air India. While expressing the deepest condolences on behalf of the Singapore Airlines Board and Management, Goh Choon Phong said Tata was a visionary global business leader, as well as a cherished partner a

How fate played a role in Ratan Tata becoming a global business icon

Ratan Tata, the former chairman of Tata Sons, passed away on Wednesday at the age of 86 in Mumbai. Under his leadership, the Group transformed from an Indian-focussed entity to a global powerhouse

Tata Consultancy cancels Q2 earnings press events after Ratan Tata's death

Tributes poured in from around the world for Ratan Tata as people remembered his remarkable journey and unparalleled contributions to the Indian business landscape and the society

Air India, Vistara make inflight announcements remembering Ratan Tata

Air India, Air India Express and Vistara are making inflight announcements on Thursday in remembrance of Tata Group patriarch Ratan Tata for whom aviation was especially close to his heart. Tata, 86, who was also Tata Sons Chairman Emeritus, breathed his last on Wednesday night at a Mumbai hospital. Officials on Thursday said the three airlines, part of the Tata Group, will be making announcements in remembrance of Tata in their flights during the day. The demise of Tata also comes at a time when the conglomerate is in the process of completing the consolidation of its airline business -- the integration of Air India Express and AIX Connect was completed on October 1 while the merger of Vistara with Air India is set for November 12. Vistara is a joint venture between the Tata Group and Singapore Airlines. Air India CEO and MD Campbell Wilson told staff that Air Indians especially acknowledge and are grateful for Tata's immense contribution to Indian aviation and to the Tata ...

When Ratan Tata flew F-16 and F-18 jets back to back over Bengaluru skies

An avid aviator, Tata held licences to fly both jets and helicopters, and eagerly accepted the chance to co-pilot the combat aircraft

Maharashtra govt declares one day mourning in honour of legend Ratan Tata

Earlier, Eknath Shinde said on Wednesday night that the last rites of industrialist Ratan Tata will be performed with full state honours

Ratan Tata brought reforms to Tata Group's working ethos: Amit Shah

Union Home Minister Amit Shah will attend the funeral of industrialist Ratan Tata in Mumbai on Thursday, sources said on Thursday. Shah will pay respects to the mortal remains of Tata on behalf of Government of India, they added. The home minister will visit Mumbai for the funeral as Prime Minister Narendra Modi is leaving for Laos to attend the ASEAN-India and East Asia summits. In a message, Shah said he was deeply saddened by the demise of the "legendary industrialist and true nationalist". He said Tata selflessly dedicated his life to the development of the nation. "Every time I met him, his zeal and commitment to the betterment of Bharat and its people amazed me," he added. The home minister said Tata's commitment to the welfare of the country and its people led to the blooming of millions of dreams. "Time cannot take away Ratan Tata Ji from his beloved nation. He will live on in our hearts. My condolences to Tata Group and his countless admirers. Om Shanti Shanti Shanti,"

'Ratan Tata's legacy to guide people in industry', says Amit Shah

Shah acknowledged Tata's remarkable leadership in transforming the Tata Group

Ratan Tata death: Tata Group stocks trade mixed; TaMo down 2%, TCS up 1%

Ratan Tata News: Tata Chemicals, Indian Hotels Company, Tejas Networks, Voltas, Tata Elxsi and Tata Consultancy Services (TCS) were up in the range of 1 per cent to 4 per cent

Name that showed possibilities, Ratan Tata's vision should still be India's

Ratan Tata's own instincts seemed to have nudged him in a different direction, while he never gave up on manufacturing, he always believed that Indian companies should be global

Ratan Tata a 'role model' who inspired generations of entrepreneurs: Ficci

Industry body Ficci on Thursday mourned the demise of industry veteran Ratan Tata, describing him as a "role model who inspired generations of entrepreneurs and corporate leaders with his vision of ethical capitalism". Ficci President Anish Shah said, "Ficci remembers Ratan Tata not just as a successful businessman but as a role model who embodied the values of integrity, humility, and social responsibility." "His vision of ethical capitalism and his efforts to use business as a force for societal good have inspired generations of entrepreneurs and corporate leaders," Shah said. The loss of Mr Tata leaves a void in the Indian business community that will be hard to fill, the industry body said, adding Ficci extends its deepest condolences to his bereaved family and friends. Echoing similar sentiments, Assocham described him as an iconic leader whose influence extended beyond Corporate India making him a global leader with immense goodwill. "Mr Tata not only took a well-diversified

Sundar Pichai recalls last meet with Ratan Tata: 'Talked about his vision'

Ratan Tata passed away on Wednesday evening at the age of 86. Google chief Sundar Pichai shared his tribute mentioning the veteran industrialist's influence on industry and philanthropy

US mourns death of industrialist Ratan Tata who 'drove India to prosperity'

The US on Wednesday mourned the death of veteran industrialist and philanthropist Ratan Naval Tata, remembering him as someone who drove India to greater prosperity and development. Tata, the former Tata Group chairman who transformed a staid group into India's largest and most influential conglomerate, breathed his last at south Mumbai's Breach Candy Hospital at 11.30 pm on Wednesday. He was 86. My last meeting with Ratan Tata at Google, we talked about the progress of Waymo and his vision was inspiring to hear. He leaves an extraordinary business and philanthropic legacy and was instrumental in mentoring and developing modern business leadership in India. He deeply cared about making India better. Deep condolences to his loved ones and Rest in Peace Shri Ratan Tata Ji, wrote Google and Alphabet CEO Sunder Pichai on X. Atul Keshap, the president of the US-India Business Council (USIBC), told PTI the Padma Vibhushan recipient was a "unique and noble son of India, a role model for th

Ratan Tata's mortal remains taken to NCPA for people to pay tributes

Legendary industrialist Ratan Tata's body was on Thursday morning taken from his house in a hearse, decked with white flowers, to the NCPA in south Mumbai where it would be kept for people to pay their last respects. Before the hearse started from Tata's home, located a couple of kilometres away from the National Centre for Performing Arts (NCPA), the Mumbai Police band played a tune as a mark of respect to him. As the news of Tata's demise spread, people from different walks of life gathered outside his house since early Thursday morning to pay tribute to him. Cricket legend Sachin Tendulkar was among the early visitors at Tata's home. Ratan Tata, who is credited with transforming the Tata Group into a globally renowned conglomerate, died at age 86 at the Breach Candy Hospital in Mumbai on Wednesday night. Chief Minister Eknath Shinde, his deputy Devendra Fadnavis, Maharashtra's education minister Deepak Kesarkar and industrialist Mukesh Ambani were among those who rushed to the