The final deal between Air India and Boeing is expected to include 40 to 50 Max aircraft that were built for Chinese carriers but never delivered due to an extended grounding of the US jet
Deal valuation pegged between Rs 1,000-1,500 crore
Both firms own 18.4% stake in Tata Sons
The offering could be Tata group's first since listing of TCS in 2004
Apple is in talks with Tata-owned Infiniti Retail, which runs Croma stores, to open the Apple stores spreading across 500 to 600 sq ft
MD Vinayak Pai says firm will not deploy its own capital in this space, but will work with customers who are ready to invest in these projects
Boeing's last mega order in India came in 2021 when low-cost airline Akasa struck a deal to buy 72 737 MAX jets, valued at nearly $9 billion at list prices
Carrier will add new seats and best in-flight entertainment across all classes
Tata Group-owned carrier Air India said on Thursday it would invest $400 million to refurbish cabin interiors
Vinayak Pai, who took over as the top man in the firm this July, dwells on the existing and prospective projects, and the future roadmap of the company
While Air India remains a high-profile operator in one of the world's biggest aviation markets, customer complaints about a decline in standards have hurt its reputation
The 30 planes leased in September are expected to be inducted in the airline's fleet by 2023-end and the other 6 by June 2023
The Pune-based vaccine producer's value has increased 20 per cent to Rs 2.2 trillion in the past one year
Offer document open to scrutiny only by regulator, exchanges; the Walt Disney Company-led firm eyeing a Rs 3,000-crore IPO
Also runs IndiGo close on the other three
With a single airline brand, Tatas aim for quick business turnaround
Partnership will offer international brands in apparel, accessories, and footwear
The facility in Narasapura is Wistron's only plant in India and it is used to manufacture devices and components for Apple
Combined entity will become India's largest international and second largest domestic carrier
Back in 1994, 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. On Tuesday, Tata group announced the merger of Vistara with Air India. The name 'Vistara' is derived from the Sanskrit word 'Vistaar' which means 'a limitless expanse'. Vistara, which is now the country's second largest airline in terms of domestic market share, operated its first flight on January 9, 2015, from Delhi to Mumbai. In October, Vistara had a market share of 9.2 per cent. At present, Vistara connects 43 domestic and overseas destinations, operates more than 260 flights daily. It has a fleet of 54 aircraft and close to 4,500 employees. According to the airline's website, in 2013, the two legendary bran