Page 46 - Tata Group

Analysts bet on TaMo's India biz as JLR Q2 sales disappoint; stock dips 5%

Following the development, global brokerage JP Morgan downgraded the stock from 'overweight' to 'neutral' with a September 2023 price target of Rs 455.

Eye on 5G opportunities, Tatas to recast telecom biz with extra funding

In June this year, the central government allowed enterprises to set up captive non-public networks to buy 5G spectrum directly from DoT, to establish their isolated networks

At home in super luxury: the rise of a real estate trend

The sale of properties that only the super-rich can afford is bumping up two years after the pandemic hit the country

Yogi Adityanath invites Tata group to participate in investor summit

Uttar Pradesh Chief Minister Yogi Adityanath on Friday invited Tata group to participate in the Global Investors Summit slated for February next year while highlighting the environment created by the state for attracting investment. According to an official release, the chairman of industrial group Tata Sons, N. Chandrasekaran made a courtesy call on the Chief Minister of Uttar Pradesh at his official residence here during which discussions were held regarding future investment plans of Tata Sons in various areas of the state. Referring to state government plans to organize the Global Investors Summit in February 2023, the CM invited Tata Sons to participate in it. In the last five years, the state government has created a better environment for investment and entrepreneurship in the state by undertaking extensive reforms in various sectors, the CM stressed. Appreciating the efforts for holistic development of Uttar Pradesh N. Chandrasekaran said that a favorable environment has be

TCS set to win $2-billion deal from BSNL for 4G and 5G roll-out

The official said Tata's recently acquired subsidiaries Tejas Network and Saankhya Labs would also participate in producing necessary equipment as per the deal

Air India halves discount on basic fares for senior citizens, students

Tata Group-owned full-service carrier Air India has reduced by half the discount offered on basic fares to senior citizens and students in the economy class on its flights, according to its website. The revised discount on basic fares is effective from September 29. Tata Group took control of the loss-making Air India from the government on January 27, this year. "... (under senior citizen and student concession) for tickets issued on/after 29th September 2022, 25 per cent (discount) of basic fare will be applicable on select booking classes in economy cabin," as per the website. Air India earlier was offering 50 per cent discount on select booking classes in economy cabins of its aircraft to these two categories of travellers, according to the website. Separately, in a circular dated September 28, the airline said "it has been decided to revise the concessionary fares with effect from 29th September 2022. The changes are applicable for tickets issued on/after 29th September ...

TaMo takes a shot at mainstreaming EVs with sub-Rs 10-lakh priced e-Tiago

India's first electric car is acknowledged to be the Lovebird, from Eddy Current Controls (India) in 1993

Tier-2 & 3 regions are goldmines for e-commerce firms: Amazon India V-P

Amazon India has witnessed a significant demand for services from Tier-1 and Tier-2 regions for its flagship sale event

Boards of two Tata Motors finance companies to consider merger next week

Merger is part of Tata group plan to bring similar businesses under a single umbrella like Tata Steel's merger of seven subsidiaries with itself to consolidate its metals and mining businesses

TMS Ep269: Tata group consolidation, festival sales, markets, NASA

What is driving consolidation at the Tata group? What explains the bumper festival sales? Where should you invest as global headwinds blow? Why did NASA ram DART into an asteroid? Answers here

What is driving consolidation at the Tata group?

The Tata group has 29 listed companies, over 60 unlisted and hundreds of subsidiaries across 10 verticals. Now, its chairman N Chandrasekaran wants consolidation to make the group efficient.

Air India processes refunds worth over Rs 150 crore after privatisation

Handles 250,000 refund cases in just the first few months since Tatas took over, says eligible request lodged on website will typically be processed within 2-3 days

Air India's future market share depends on aviation sector's probabilities

Its aim for a third of the domestic market by 2027 is contingent on a host of factors, many of them outside its control

Tata Sons to halve the number of listed companies from 29 to 15: Report

Under the current chairman N Chandrasekaran, Tata Sons has been taking steps to consolidate its business to improve its efficiency

Merger of entities with Tata Steel will simplify management: CFO

Merger of seven entities with Tata Steel will allow simplification of management and help with sharper focus on the business, Koushik Chatterjee, CFO of the steel giant, said. On Friday, the board of Tata Steel approved the amalgamation of its seven subsidiaries -- Tata Steel Long Products, Tata Metaliks, The Tinplate Company of India, TRF Limited, Indian Steel & Wire Products, Tata Steel Mining and S&T Mining -- into itself. "We have been driving simplification across Tata Steel for some time. The objective is to consolidate the subsidiary businesses within Tata Steel to drive simplification of management and also have a sharper focus on the business," Chatterjee told PTI. After successfully integrating Bhushan Steel, which was much larger and more complex, this was the next natural step, the official who is also an executive director of Tata Steel, said. In 2018, Tata Steel through its wholly-owned subsidiary Bamnipal Steel Ltd (BNPL) completed the acquisition of controlling

iPhone component hub near Hosur rings in promise of new roads, jobs, etc

Thousands of jobs being created, but most going to outsiders, complain locals

Tata Steel to absorb 7 group companies, simplify holding structure

'Move would also drive synergies' and increase value for shareholders, says company

TCS asks employees to work in office for at least three days a week

We are moving in a phased manner to get our associates back to office. This is in line with our vision to transition to 25*25 model: TCS spokesperson

Air India signs deal with Willis Lease Finance to replace 34 old engines

Air India has 113 planes in its fleet currently. Its narrow-body fleet comprises 70 aircraft, of which 54 are in service

Air India extends validity of frequent flyer points till March 31, 2023

Air India has extended the validity benefits under Flying Returns, the airline's 'Frequent Flyer' programme, till March 31, 2023