Page 29 - Tata Group

Organic India, Ching's Secret to be acquired by Tata Consumer: Report

TCPL will acquire the controlling stake in Organic India at a valuation of Rs 1,800 crore. The valuation of Capital Foods is expected to be Rs 5,100 crore

Vibrant Gujarat 2024: Tata to soon start new semiconductor factory in state

Vibrant Gujarat Summit: 'Tata Group is about to complete negotiations surrounding semiconductor fab plant in Gujarat,' announced chairman N Chandrasekaran

Like trains, planes, buses; TV and OTT will co-exist: Tata Play chief

Like trains didn't go out of fashion even after a hundred years of airlines in operation, television is here to stay and co-exist with OTT, according to Tata Play MD and CEO Harit Nagpal. Commenting on the debate on whether streaming services on devices could sound the death knell for television, Nagpal, in an interview to PTI, said there will always be a segment of customers opting for TV in India. "There are people who own private planes, have commercial airlines gone out of business? No! Airlines business has been around... have trains and buses gone out of fashion? No! "Of the 300 million Indian homes, 140 million are yet to buy their first TV... So, it doesn't mean that if OTT has come, TV will go. They will co-exist," said Nagpal, who is out with his debut book, 'Adapt: To Thrive, Not Just Survive'. Admitting that there is a segment of people who have moved from TV to OTT, the 62-year-old here talked about recognising the other available segments, like those who till now coul

Tata Power Renewable Energy plans to invest Rs 70,800 cr in Tamil Nadu

Tata Power Renewable Energy Ltd (TPREL) plans to make investments worth Rs 70,800 crore for renewable energy projects in Tamil Nadu. The company, part of Tata Power, has signed two Memoranda of Understanding (MoUs) with the Tamil Nadu government to support the development of the state's renewable energy landscape and accelerate the country's clean energy transition, a regulatory filing said on Tuesday. The MoUs were signed on Monday. Under the first MoU, TPREL plans to explore opportunities to develop 10,000 MW of renewable energy power projects across solar, wind, hybrid, RTC (Round The Clock), peak, Firm and Dispatchable Renewable Energy (FDRE) over the next five to seven years. These renewable projects will be located over 50,000 acres of land in Tamil Nadu with an investment potential of nearly Rs 70,000 crore. This initiative has the potential to generate around 3,000 green job opportunities, according to the filing. The second MoU is to increase the investment commitment to

Tata Group to explore IPO for its auto component arm, Tata Autocomp Systems

Tata Autocomp Systems is wholly owned by Tata Group entities, with Tata Sons holding approximately 21%, and the remaining stake held by Tata Industries Ltd

Mcap club 2023: Tata group remains No 1; Murugappa, JSW in top 10

Ambani's group mcap is Rs 19.42 trillion at the end of CY23, up 10.7 per cent from the Rs 17.6 trillion a year ago

Tata Electronics to sign deal worth over Rs 12,000 cr with TN govt: Report

Reports suggest that Tata Electronics is gearing up to invest Rs 7,000 crore in the expansion of its Hosur plant, spread over a six-year timeline

Tata Passenger Electric Mobility plans to roll out over 5 EVs in 18 months

Tata Passenger Electric Mobility plans to bring in more than five products in the next 18 months on its first advanced pure electric vehicle architecture 'acti.ev'. The company on Friday said the 'Punch.ev', the electric version of its compact SUV Punch, will be the first product based on its first pure EV architecture, acti.ev. The acti.ev platform will underpin future products from the Tata Passenger Electric Mobility (TPEM) portfolio and spawn a variety of products with multiple body styles and sizes, the company said in a statement. On a promotional video of the acti.ev platform, the company said it plans "five-plus products in the next 18 months". TPEM Chief Products Officer, Head of HV Programs and Customer Service Anand Kulkarni said, "This architecture has been meticulously designed to enable class-leading efficiencies, maximising space, and battery capacity and enhancing the overall driving experience. acti.ev is a global-ready, future-facing pure electric architecture tha

Tata Motors domestic sales rise 4% in Dec; EV sales rise 21% in Q3FY24

Tata Motors' passenger vehicles remained in strong demand including preference for emission-friendly products in the domestic market, the company said

The four fortunes riding on PM Modi's victory in Lok Sabha elections

Naturally, the biggest danger of allowing a handful of business groups to aggressively branch into new areas and extend their control over large swathes of economy is extreme concentration of power

Air India to fly wide-body A350 jet from Jan 22 on domestic routes

Aircraft that has three-class cabin configuration will later be used for 'destinations across continents'

Air India's new Airbus A350 to enter commercial service on January 22

The first flight of the A350 aircraft will be between Bengaluru and Mumbai at 7:05 am on January 22

Pilot unions express concern as Air India 'threats of appropriate measures'

Pilot unions at Air India on Sunday expressed "concern" over the Tata Group-owned airline's alleged threat to the cockpit staff with "appropriate measures" if pilots report sick for duty. In a communication to Air India senior vice president for flight operations Manish Uppal on Sunday, Indian Pilots Guild (IPG) and Indian Commercial Pilots Association (ICPA) said that reporting illnesses without the "fear of reprisal" is in the interest of flight safety. IPG is the wide-body aircraft pilots' body at Air India while ICPA represents pilots who fly narrow-body Airbus 320 family aircraft of the full-service carrier. The copies of the letter have also been marked to Air India Chairman N Chandrasekaran, DGCA Vikram Dev Dutt, Air India Managing Director and CEO Campbell Wilson, among others. "We are writing to express our concern and objection regarding recent communications implying threats of appropriate measures for sick reporting," the pilot bodies said in the communication. Stating

Tata Tech to provide skill development training for Telangana students

Tata Technologies has come forward to provide job-oriented industrial skill development training for students in Telangana at a proposed cost between Rs 1,500 crore and Rs 2,000 crore, the state government said on Saturday. Telangana Chief Minister A Revanth Reddy, who held a meeting with representatives of Tata Technologies here, discussed how to provide modern technology and train the youth to get more employment opportunities, a release from CMO said. The chief minister felt the need for introduction of modern courses in all government ITI (industrial training institute) colleges. Tata Technologies will provide required machinery, equipment and software for the establishment of 4.0 Skilling Centers (Industry 4.0 technology centres) along with maintenance in the state, it said. Revanth Reddy agreed with Tata Technologies' readiness to provide training in 4.0 industry based training courses like industrial automation, Robotics manufacturing, advanced CNC machine technicians, EV .

Tata's TCIL to invest over Rs 1,785 cr in manufacturing unit in Jamshedpur

The Tinplate Company of India Ltd (TCIL), a unit of Tata Steel, on Friday said it will invest Rs 1,787 crore for setting up a 3-lakh-tonnes-per-annum manufacturing facility in Jharkhand's Jamshedpur. The facility, an expansion project, is scheduled for commissioning in 2026, and is likely to generate about 600 direct and indirect employment opportunities, TCIL said. A pact was inked between the company and the Jharkhand government in this regard at a ceremony to mark the completion of four years of the JMM-led government in the state. "... This landmark MoU heralds the establishment of a cutting-edge 300,000 Tons per Annum (TPA) manufacturing facility in Jamshedpur, backed by an investment of approximately Rs 1,787 crore," TCIL said in a statement. The facility will not only enhance Tinplate's manufacturing capabilities with advanced technology and automation, but also contribute significantly to both domestic and export markets, bolstering the state's industrial growth, it said.

Tata Coffee, Tata Consumer Products merger to be effective from January 1

Tata Coffee will merge with Tata Consumer, TCPL Beverages on January 1, the company said in its exchange filing on Thursday

Need to be prepared for more disruption in 2024: Tata Sons Chairman

The complexity of global governance will reach new heights in 2024, and there should be preparedness for more disruption and volatility, according to Tata Sons Chairman N Chandrasekaran. In his New Year message to employees of the Tata Group, Chandrasekaran identified three priorities -- execution, customer satisfaction and technology -- for the group as it moves forward with its transformation journey in the next year, asserting the next decade will belong to companies who excel in giving customers excellent experiences. He described 2023 as "a tumultuous year", when the world faced an array of destabilising trends, from escalating geopolitical tensions to the mass adoption of generative AI (artificial intelligence) to the ever-accelerating push toward sustainability. "Some of these trends have been welcome; others much less so. But all of them have made the rules and processes governing our world trickier to navigate and all of them have added to the pressure to adapt," ...

Ratan Tata's birthday: Interesting facts about the legendary industrialist

Ratan Tata turns 86: The Tata Sons Chairman emeritus has earned universal adulation for his philanthropic activities

Air India, Airbus in talks to set up Rs 3,500 crore pilot training facility

The facility is expected to be formed under a joint venture between the two companies where each will have a 50% stake

New surveillance tech to reduce midair gap between aircraft from Jan 1

A reduction in lateral separation of aircraft will enable flight operators to take more direct routes, saving fuel in the process