Page 29 - Tata Group

Tata Sons' net debt burden at eight-year low as cash reserves swell

This comes amid group's bet on semiconductor, EV battery biz

Team of 80 people harmonising ops of 4 Tata airlines: Air India CEO

The Tata Group is consolidating its aviation business and merging four airlines into two

M&M promoter group entity sells 0.7% stake, Tata Chemicals gains 11%, more

Shares of Mukka Proteins, an aqua feed producer, surged more than 50 per cent during their trading debut on Thursday

Gujarat allots 188 acres for Tata group, CG Power semiconductor plants

Ground-breaking likely on Mar 13; incentives form 70% of project cost

Air India deboards female passenger at IGI after argument with crew members

A female business class passenger on an Air India flight to London was deboarded at the Delhi airport following an argument with cabin crew members this week. The incident happened on flight AI 161 on March 5 and the passenger involved was a senior corporate executive, according to sources in the know. In a statement, an Air India spokesperson said a passenger travelling in business class was off boarded on the advice of the captain following some argument with members of the crew before the scheduled pushback. "Following the off boarding, flight AI 161 departed after a delay of about an hour. The passenger who was off boarded was travelling for some compelling reasons and was accommodated on a subsequent flight following a written assurance," the spokesperson said. Further details about the incident could not be immediately ascertained. As many as 894 passengers were denied boarding by Air India in January and around Rs 98 lakh was spent by the airline on facilitation/ compensati

BigBasket eyes profitability in next 6-8 months, IPO in 2025: Hari Menon

Part of Tata Digital, the firm will turn profitable in another 6-8 months once the newly-launched 'BB Now' vertical turns profitable

Tata Sons listing: Tata Group stocks rally on hopes of value unlock

Automobile Corporation of Goa (ACG) gained the most at 14 per cent followed by Tata Chemicals and Tata Investment Corporation (TIC) at around 5 per cent each

Here's why you should keep an eye on Tata Motors shares on Tuesday, March 5

The board of Tata Motors Ltd (TML), after market hours on Monday, gave approval to a proposal to demerge the automobile maker into two separate listed companies

Tata group will remain committed to integrity, innovation: Chandrasekaran

Tata Sons Chairman N Chandrasekaran on Sunday said the conglomerate would continue to uphold the legacy of its founder Jamsetji Tata, and remain committed to the principles of integrity, innovation and social responsibility. Chandrasekaran was addressing a gathering at the Postal Park in Bistupur in Jharkhand's Jamshedpur after paying homage to Jamsetji Tata on his 185th birth anniversary. He was accompanied by Tata Steel CEO and MD TV Narendran. "Our founder, Jamsetji Tata, envisioned a future where industry would be a force for positive change, and it is with great pride that we continue to uphold his legacy. In this occasion, we reaffirm our commitment to the principles of integrity, innovation, and social responsibility that have guided us since our inception," Chandrasekaran said. "We will continue to work together with the community to build a brighter, more prosperous future for Jamshedpur and its residents," he added. Later, he inaugurated an exhibition at Steelennium Hall

Govt clears 3 chip plants: Tatas have built their own tech, says Vaishnaw

The Tatas have built their own indigenous ATMP technology. So we won't require a foreign technology partner here

Tata's semiconductor unit in Assam to be gamechanger for NE: CM Himanta

Assam Chief Minister Himanta Biswa Sarma said the Rs 27,000-crore semiconductor plant approved for the state by the Union Cabinet on Thursday will be a game-changer for the economy of the entire North East region. The plant will trigger a new Industry 4.0 revolution in the state, he added. The Union Cabinet approved setting up three semiconductor-making units at an investment of Rs 1.26 lakh-crore as part of an attempt to cut India's dependence on imports to meet requirements of chips, of which one will be in Assam. Tata Semiconductor Assembly and Test Pvt Ltd (TSAT) will set up a semiconductor unit in Morigaon, Assam, at an investment of Rs 27,000 crore. It will have a capacity of 48 million chips per day for automotive, electric vehicles, consumer electronics, telecom, and mobile phones. Construction of the three units will begin within the next 100 days, Telecom Minister Ashwini Vaishnaw told reporters after the cabinet meeting. "People of Assam will remain eternally grateful

How India is betting big on the global outsourced semiconductor play

The Cabinet today cleared two projects, the Tata's assembly testing and packaging plant (ATMP) and the Murugappa-owned CG Power with Renesas from Japan as its tech partner

DGCA fines Air India Rs 30 lakh over failure to provide wheelchair

The 80-year-old passenger died of heart attack after he walked from plane to the terminal in Mumbai airport

Tata Group firm Agratas to build UK's biggest EV battery plant in Somerset

Agratas, Tata Group's global battery business, on Wednesday confirmed that it will build Britain's biggest electric vehicle battery manufacturing facility in Somerset, south-west England. The so-called gigafactory, announced last year, will be built on the Gravity Smart Campus near Bridgwater in Somerset with a community-first approach, involving locals to learn more about and be a part of the project. The company said the 40 GWh factory is set to contribute almost half of the projected battery manufacturing capacity required for the UK automotive sector by the early 2030s. "Our multi-billion-pound investment will bring state-of-the-art technology to Somerset, helping to supercharge Britain's transition to electric mobility whilst creating thousands of jobs in the process, said Tom Flack, CEO of Agratas. "We care deeply about the communities we operate in, so it's imperative to us that we work with, and listen to, our new neighbours as we build our factory in Somerset. That's why .

Govt's semiconductor strategy makes progress with $21 billion in proposals

Israel's Tower Semiconductor Ltd. is proposing a $9 billion plant, while India's Tata Group has put forward an $8 billion chip fabrication unit

Tata Capital seeks shareholders' nod on related party deals with Tata Steel

RPTs with Tata Steel to rise to Rs 12,000 cr

We don't see hiring going down due to generative AI: TCS CEO K Krithivasan

His comments come at a time when the hiring done by industry has come down significantly. For instance, in FY23 the industry added a total new headcount of 290,000. This has fallen to 60,000 in FY24.

Tata Group in talks with two Taiwanese companies for chip plant in Dholera

Tata Group has also reportedly finalised the details of the land and will break ground soon

At $365 billion, Tata Group's market cap more than Pakistan's economy

The market capitalisation of Tata Group stood at $365 billion, while the IMF estimated Pakistan's GDP to be almost $341 billion

Tata Capital's risk adjusted capital to improve to 10% in 2 years: S&P

Company to benefit from infusions by the Tata group and planned IPO, says rating agency