Page 38 - Tata Group

Tata Group-owned Air India to hire over 1,000 pilots, to expand its fleet

The move to hire more pilots comes as the Tata Group-owned airline plans to extend its fleet and network. Air India has placed an order for 470 aircraft with Boeing and Airbus

Top headlines: GST authorities quiz auto dealers, electronics exports up

Business Standard brings you top news at this hour

Top headlines: RBI calls bank boards' meet, Tim Cook meets PM and more

Business Standard brings you top news at this hour

Air India may bid for AIESL with Lufthansa Technik, Air France-KLM

AIESL is the maintenance repair and operations company, owned by Centre, which caters largely to Air India's fleet

Cook's eclectic itineraries: Vada paav with Madhuri; biz meets with Ambanis

Ahead of the opening of Apple's maiden retail store in India, the company's chief executive Tim Cook arrived in the financial capital on Monday. Cook, who has visited India multiple times in the past, is also likely to meet Prime Minister Narendra Modi in New Delhi. On Day one, Cook visited richest Indian Mukesh Ambani's house Antilla for a business meeting and is said to have met other top industrialists, including Tata Sons chairman N Chandrasekaran. Company executives, however, dodged queries on Cook's itineraries during his India tour. On Monday afternoon, Cook himself confirmed his arrival by tweeting a picture with over 100 employees inside the brand's store in BKC business district, which will open for customers on Tuesday. He also managed time to have Wada paav, the much celebrated local snack, with actor Madhuri Dixit at an eatery which is Ambani family's favourite. Cook thanked Dixit for introducing him to the Wada paav at the multi-cuisine joint, terming the food item

Tata Coffee Q4 result: A look at how it performed in previous quarters

Tata Group in March 2022 announced a merger between Tata Coffee and Tata Consumer Products, NCLT's nod is expected soon

Talks with UK government on financial package continue: Tata Steel CEO

Tata Steel is still pursuing its request for the financial package with the UK government, the company's CEO T V Narendran said. Narendran who is also the Managing Director of Tata Steel made the remarks in reply to a question on stance on exiting the UK business. "Tata Steel is still pursuing it (request) with the government there (UK)," he told PTI on the sidelines of an event in the national capital. There has been no conclusion to the request made for a financial package, he said. India-headquartered Tata Steel owns the UK's largest steelworks at Port Talbot in South Wales and employs around 8,000 people across all its operations in the country. The company had sought 1.5 billion pounds from the UK government to execute its decarbonisation plans. However, the British government earlier this year made a counter offer which was much lower to the company's expectations. Speaking to PTI, Narendran had said that Tata Steel cannot see its future in the UK without the support of th

Tata Group to set up Air India's new ground handling business: Report

The new company may also include an aviation training academy

Tata Group set to takeover of Wistron's iPhone plant in Bengaluru

India set to get its first homegrown production line for Apple products as Tata Group completes takeover in April

Taxi to Take Off: Air India says Phase 1 of its transformation complete

First phase focused on addressing legacy issues, strengthening fleet, upgrading systems and hiring

From manual pricing to ChatGPT: How Air India is transforming under Tata

The push to modernise underscores the decay left by years of under-investment as Air India looks to shed decades-old bureaucratic processes and recapture customers

Air India secures Rs 14,000 crore from State Bank of India, Bank of Baroda

The loans are benchmarked to SBI's six-month marginal cost of funds-based lending rate (MCLR) and are priced 50 basis points (bps) above it

Regressive changes in service condition by Air India, says pilots' bodies

Pilots' bodies at Tata Group-owned Air India have accused the airline management of making unilaterally "rapid" and "regressive" changes in the service conditions of pilots. In a letter to Air India Chief Human Resources Officer Suresh Dutt Tripathi on Tuesday, Indian Pilots Guild (IPG) and Indian Commercial Pilots Association (ICPA) also stated that "all unilateral violations of their rights and service agreements are creating industrial unrest and shattering employee confidence in the current management". The communication comes amid Air India reducing drastically the annual limit of privilege leave accumulation to 60 days from 300 days earlier, as per a source. IPG represents the wide-body aircraft pilots at the airline while ICPA represents pilots who operate the narrow-body fleet of Air India. "To help the company, the unions have supported you in good faith for over a year. But still, we are being fed the same non-committal, bidding-for-time excuses while rapid and regressive

Amid rising competition, Air India may reward talent with 8-10% salary hike

This is the first performance review of employees since the Tata Group took control of Air India

Five senior executives leave Nykaa; company calls it business as usual

Nykaa rivals conglomerates such as Tata and Reliance both of which have interests in the beauty products industry

TISS NET 2023 Result announced. Check complete details on official website

On March 3, 2023, TISS released the tentative answer keys and gave candidates until March 8 to make objections. On March 21, the final TISSNET 2023 answer key was made available

Tata Group planning to inject $2 billion into its super-app Tata Neu

Tata Neu allows users to buy groceries and gadgets as well as reserve airplane tickets and restaurants from brands under Tata

Bisleri deal dissolved; Tatas to make investments in their own brands

The Tata Group company announced on March 17 that negotiations regarding the potential acquisition of Ramesh Chauhan's Bisleri International had ceased

Discussions on at Tata Group to engage Gopinathan beyond Sept 15: Report

Tata Sons chairman N Chandrasekaran is learnt to have discussed the engagement of outgoing TCS MD and CEO Rajesh Gopinathan with the group beyond September 15 in an advisory role, according to sources from Tata Group. Tata Sons and IT behemoth Tata Consultancy Services declined to comment on the development. Tata Group sources, who did not wish to be identified, told PTI that there have been preliminary discussions between the two as the group needs reliable and experienced hands with its diversification into various technology domains. "Chandrasekaran has discussed with Gopinathan for his engagement with Tata Group in an advisory role after his notice period ends on September 15. There has been preliminary discussion," a source at one of Tata Group technology firms said. Gopinathan during his press conference has said that he has no immediate plans to engage with Tata Group in advisory roles. "As far as advisory roles go, my respect for advisors is exponentially growing. So, I wi

Amid staff shortage, peak demand, Air India to cancel long-haul flights

As of now, six weekly flights to the US, three to Newark and three to San Francisco, will be trimmed due to a crew shortage for the coming 2-3 months, said CEO & MD of Air India, Campbell Wilson