Page 45 - Tata Group

Tata Trusts CEO N Srinath retires, new chief to be announced soon

Srinath joined Tata Administrative Services in 1986 and led different Tata Companies in the ICT sector

Can low earth orbit satellites roar? Mittal, Musk, Tatas putting in money

The size of the market will also depend on which customer segment the players are targeting

Letter surfaces showing Gadkari seeking investments from Tatas in Nagpur

At a time when Maharashtra is losing many big-ticket projects to neighbouring Gujarat, a letter written by Gadkari, seeking investments from the Tata Group in and around Nagpur has surfaced

Tata plans to borrow Rs 15,000 crore for Air India's working capital

The money will be used to cover day-to-day air operations and losses, refurbish the fleet, pay aircraft rentals and overhaul IT operations, according to sources

Tata Power net profit jumps 94% in Sept quarter on strong energy demand

Sequentially, revenue declined 3.2 per cent. In the June quarter, the company reported revenue of Rs 14,495 crore and net profit of Rs 795 crore

Air India gets 72,000 job applications for cabin crew; 1,752 for pilots

The airline's aggressive expansion plan, which has already seen 17 long-grounded aircraft return to the skies with 12 more to follow, necessitates a significant expansion in flying crew

Saurabh Agrawal takes over as Tata Power Renewable Energy's chairman

Three more directors including Eduard Ruijs, the Managing Director and Head of the London based BlackRock Global Infrastructure Fund team, also joined the board.

Brewing at Tata Starbucks: Double-digit growth, premium store, masala chai

In the Asia Pacific, Starbucks has 142 Reserve stores

Boeing offers 737 Max jets to Air India amid US-China trade tensions

Boeing Co. is offering 737 Max jets once slated for Chinese customers to Air India Ltd. as the planemaker tries to offload some of the roughly 140 aircraft it's currently not allowed to deliver

What does the merger of Vistara and Air India mean for Tata's aviation biz?

Singapore Airlines and Tata group are in talks, exploring viability of merging Vistara and Air India. If materialised, what will this merger mean for Tata's aviation ambition? Let's dwell into details

Tata Electronics shifts to hiring mode in Tamil Nadu; to add 10-15% staff

Tata Group to set up an iPhone assembling unit in JV with Wistron, in the state's Krishnagiri district

Tata Power hit by cyber attack, says critical systems functioning

The company did not divulge which systems were impacted

Air India in talks with aircraft makers to buy planes: CFO Vinod Hejmadi

Air India is in discussions with aircraft manufacturers for acquiring planes as the Tata group-owned airline plans to expand its fleet by three times compared to the current size, a senior executive said on Friday. Air India Chief Financial Officer Vinod Hejmadi also said the airline is currently in the "taxiing phase" and it will take two years before it takes off, consolidates and enters the growth mode. Since taking over Air India in January this year, Tatas have unveiled a comprehensive transformation plan for reviving the loss-making airline. The plan focuses on five factors -- industry leadership, robust operations, commercial efficiency, industry best-talent and exceptional customer experience. "In the Air India transformation journey, we are looking for, in the next five years, 30 per cent market share and we are planning to grow our aircraft fleet three times of what we currently have... We are looking forward to ensuring that we add on capacity for growth (and) discussions

Singapore Airlines confirms Vistara-Air India merger discussions

SIA, however, has cautioned its investors that there is no certainty of a deal

SIA in talks with Tata group for possible merger of Vistara, Air India

SIA owns 49% of Vistara in JV with Tata Group; Vistara could be merged into Air India, which is headed by former SIA executive

Tata Group has no plans to enter 5G consumer space, says N Chandrasekaran

Tata Sons Chairman N Chandrasekaran on Tuesday said the conglomerate does not have any plans to have a 5G offering for consumers. He said the group, which exited its consumer-facing telecom service due to losses a few years ago, has concentrated its efforts on building modern technology infrastructure for 4G and 5G and is also investing in 6G. "On the 5G, we don't have plans for getting into consumer business. We have exited that business," Chandrasekaran said at the 'Lokmat Maharashtrian of Year 2022' award ceremony here. He said the technology being built by the group companies is fully indigenous, and will be tested first for being eventually implemented on a large scale. There are already enquiries for its offerings, he added. Asked about the group's plans to consolidate four airlines in its portfolio, Chandrasekaran said it wants to create a single airline with two platforms -- a full-service carrier and a low cost carrier (LCC). "We will definitely have both full services an

TCS needs to breakout over Rs 3,150-level for fresh rally, chart says

There is an "Inverse Head and Shoulder" pattern getting established on the daily chart. Technically, this pattern breakout over Rs 3,150 levels would add aggressive bets on the stock.

Tata to triple Zoya stores by 2027 as India's new rich fuel brand expansion

India's expected surge of rich consumers is driving the jewelry unit of Indian conglomerate Tata Group to triple its Zoya-branded stores by 2027

TCS beats Street estimates in Q2, net rises 8.4%; attrition remains high

Net profit has crossed the Rs 10,000-crore mark for the first time

Titan's Taneira shrugs off Covid blues to shake up the saree market

After jewellery and eyewear, Titan looks for an encore in another large segment that is mostly a commodity play