Page 36 - Tata Group

Indian conglomerates look towards global brands to cash in on luxury retail

In a bid to add a global flavour to the Indian retail landscape, Reliance, Tata, and a number of other Indian brands have begun a series of joint ventures with global luxury brands

Air India reports steepest on-time performance fall in June, shows data

Air India's OTP nosedived especially during June 11-15 when its average daily OTP fell below 50 per cent

Tata Group job opening ads for UK cell developer hints at local factory

The plant is set to make batteries for Jaguar Land Rover's planned range o fully electric models that are due from 2024.

SP Group firm Afcons Infra to tap market to raise Rs 8,000 cr: Report

The fundraising by Afcons Infrastructure comes shortly after another group company, Goswami Infratech, raised nearly Rs 14,500 crore by issuing bonds

Tata Motors gains 3% on Sebi nod to Tata Tech IPO; CLSA raises target price

The stock of the Tata group automobile company was trading at its highest level since September 2016

Rate hikes revealed hidden stresses of banking sector: Chandrasekaran

The rise in interest rates has revealed hidden stresses in parts of the banking sector and this could impact global growth in the coming year, according to Tata Group and Tata Motors Chairman N Chandrasekaran. In his address to shareholders of Tata Motors in the annual report for 2022-23, he said, "the current year witnessed a surge in inflation requiring coordinated action by most central banks to increase interest rates to control inflationary expectations." Chandrasekaran further wrote, "While inflation is starting to moderate, the rise in interest rates has also revealed hidden stresses in parts of the banking sector that enjoyed a long run of low-interest rates and hence not prepared for the rate rise. This could impact global growth in the coming year." Recollecting his last year's message, he said, "recent history has been relentless with the global pandemic, military conflict, growing inequality, supply chain shortages and more." These challenges are resulting in structural

Have no associations with cryptocurrency of any form, says Ratan Tata

"If you see any articles or ads mentioning my association with cryptocurrency, they are absolutely untrue and meant to scam citizens," he added

Riding on rising demand for CNG vehicles, Tata aims to double its sales

Currently, Tata offers its Tiago, Tigor, and Altroz with a CNG option. With its CNG vehicles, Tata is betting on the mass market that looks for affordable fuel options

Tata Cliq gets new CEO as Tata Digital reshuffles management

The changes at Tata Cliq are being finalised after the annual appraisal was recently closed at the e-commerce unit of Tata Group

Tata AIA Life Insurance to pay Rs 1,183 cr in dividend to policyholders

The higher payout is due to the company reporting a multi-fold increase in net income at Rs 506 crore in FY23, up from Rs 71 crore in the previous fiscal

As Indigo buys 500 aircraft, a look at how carriers finance their wishlist

Before this, Tata Group-owned Air India had placed an order for 470 aircraft

Tata AIA Life reports multi-fold rise in net income at Rs 506 cr in FY23

Its total renewal premium rose 32 per cent to Rs 11,964 crore year-on-year, and the asset under management grew by 21 per cent to Rs 71,006 crore

Tata Technologies IPO: Read to know everything about the company, listing

The Tata Motors subsidiary Tata Technologies filed for Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on March 9. Check out the full IPO details here.

Singapore Airlines denies media report on raising stake in Air India

Singapore Airlines said it has not raised its stake in Air India from the 25.1% which it secured as part of the Tata Group's Vistara merger to create a bigger full-service India's national carrier

IHCL partners with Tata Strive to set up skill centre in Rajasthan

Indian Hotels Company (IHCL) on Thursday said it has partnered with Tata Strive, a skill development initiative of Tata Trust, to set up a hospitality-focused skill centre at Umaid Bhawan Palace in Jodhpur, Rajasthan. "Rajasthan has a very strong growth potential in the tourism sector. We are delighted to partner with Tata Strive for the skill centre in Jodhpur, which will offer skill-building programmes to youth and also contribute to the overall growth of the industry, IHCL Executive Vice President - Human Resources Gaurav Pokhariyal said. The first batch with 20 students is being trained in a 4-month food and beverage course, whose module is designed by IHCL as a knowledge partner and is aligned to National Skill Development Corporation with Tata Strive as an implementation partner. This collaboration represents a significant step in IHCL's mission to contribute to the skill development and upliftment of individuals from economically weaker backgrounds, the statement added.

PNB, LIC, SBI and BoB looking to seek formal bids for stake sale in UTI AMC

These entities have already appointed merchant bankers to initiate the sale process in UTI AMC

Tata Steel inks deal to cut carbon emissions with Germany's SMS group

The objective of the demonstration will be to reduce carbon dioxide emissions by more than 50% from the blast furnace's baseline operation, it added

Tata Group awards generous pay hikes of 16-60% to its top officials

This comes at a time when the board of Tata Sons has acknowledged the group's highest growth in its history

Tata Group is India's most valuable brand, Infosys and LIC follow

With a value growth of 10.3% in 2023 as compared to 2022, Tata Group became the only Indian brand with a valuation of over $25 billion

US-bound Air India flight diverted to Magadan in Russia after engine glitch

The airplane faced the problem mid-flight, making the pilot to take immediate action to ensure the safety of all onboard