Page 50 - Tata Group

Over 7 mn users download Tata Neu app within seven weeks of launch

Tata Neu app has been downloaded by over 11 million users as per the data from App Annie, a mobile app tracking platform

With Europe slowing, TCS says North America to drive its growth in FY23

The IT major indicated that clients in Europe are more cautious on tech spends given the possibility of deeper recession and ongoing conflict in Eastern Europe, leading to delays in decision making

Is Tata copying Adani, Reliance with its green turn?

A host of Tata companies have come together to create an EV ecosystem. Tata Power has committed a $9.5 bn investment for its renewable energy business. Let us find out more

Tata Motors global wholesales up 48% to 316,443 units in April-June quarter

The company's global sales of all passenger vehicles were at 2,12,914 units, up from 1,61,780 units in June quarter of FY22

RBI clears payment aggregator licence for Razorpay, PineLabs & Stripe

Payment aggregators enable e-commerce sites and merchants to accept payment instruments from customers without the need for merchants to create their own payment integration system

Tata Tech plans IPO by fiscal-end, the first by Tata group in 18 years

The company is in talks with several banks, including Citibank, to manage the share sale; The last share sale by a Tata firm was in 2004, when TCS floated an IPO

Tata Chemicals has no EV plant plan, lines up Rs 5,000-crore capex

Tata Chemicals' consolidated turnover for financial year 2021-22 (FY22) grew 24 per cent to Rs 12,622 crore over the previous year

Titan's sales nearly tripled in Q1, helped by low base and non-disruption

While, its jewellery division, which contributes around 85 per cent of its revenue, reported 207 per cent growth and added 19 new stores during the quarter, taking the total count to 463.

Employee costs surge over 12% to a record Rs 10.8 trillion in FY22

Employee costs rose over 12% in FY22, the fastest in 8 years

Tata Steel completes Rs 12,100 cr acquisition of NINL via step-down arm

Apart from a 1.1 mt plant, Neelachal Ispat Nigam has iron ore mines with reserves of 90 million tonnes and 2,500 acres of land providing scope for future expansion

Tata Steel to work 'expeditiously' to restart NINL, expand capacity

Tata Steel on Monday said it will work "expeditiously" to restart NINL and simultaneously draw a plan to expand its capacity to produce 4.5 MTPA long products complex in the next few years.

Tata Motors expects its performance to be better in H2FY23: Chandrasekaran

Tata Motors expects second half of the current fiscal to be better in terms of performance with gradual improvement in the overall supply situation in commodity prices, according to N Chandrasekaran.

Titan says mid-term outlook for jewellery division positive amid headwinds

Tata group firm Titan said the outlook for its jewellery division in FY23 and mid-term is "positive" with "excellent" growth opportunity helped by multi-pronged efforts within the wedding market

Cabin crew, guards among 1,600 Air India employees opting for VRS

Airline says it will reskill employees as expands terms of the scheme

Japanese chip maker Renesas Electronics broadens tie-up with Tata group

Inks partnership with Tata Motors and Tejas Networks, plans innovation centre with TCS

Tata Motors partners with Japan's Renesas to develop chip solutions

As part of the partnership, Renesas will also work with Tejas Networks, a Tata Group company, on wireless network solutions including 5G

Top headlines: 28% tax on online gaming, Dish TV-YES Bank tussle, and more

Business Standard brings you the top headlines at this hour

Tata group's Infopark Properties raises Rs 1,900 cr via zero coupon bonds

Infopark Properties will own 100% of shareholding in TRIL Infopark Ltd which operates the asset Intellion Park, Chennai, spread over an area of 4.6 mn sq ft

Will continue to look for acquisition opportunities: Tata Consumer chairman

Tata Consumer Products Ltd will continue to look for the right acquisition opportunities in different categories to fuel its growth, the company's chairman N Chandrasekaran said on Monday. Responding to shareholders' queries in the annual general meeting of the company, Chandrasekaran, who is also the chairman of Tata Sons -- the holding firm of the Tata group -- said TCPL (Tata Consumer Products Ltd) would focus on leveraging its product portfolio, expanding distribution and product innovation and entering new categories, while supporting both organic and inorganic growth opportunities in future. "We also believe in inorganic expansion and yes inorganic expansion is one of the key strategies for the company. The cash in the company will be used definitely for the right inorganic growth opportunities," he said. Replying to another query on whether there is going to be acquisition in the water segment, Chandrasekaran said, "Yes, we will continue to look for any expansion opportunitie

Tata Capital to raise Rs 20,000 crore as fresh debt, expand retail book

TataNeu helps company to onboard new customer