Page 51 - Tata Group

Tata Aerospace is Boeing 'Supplier of the Year', picked out of 11,000 firms

Nine companies feted for 'proactively managing supply chain quality, advancing global sustainability'

India's GSAT-24 satellite launched, entire capacity leased to Tata Play

NewSpace India Limited (NSIL) launched GSAT-24 in its first "demand-driven" communication satellite mission post space sector reforms, leasing the entire capacity on board to Direct-to-Home (DTH) service provider Tata Play. Built by Indian Space Research Organisation for NSIL, the satellite was successfully placed into geostationary orbit by the Ariane 5 rocket, operated by French company Arianespace, from Kourou in French Guiana (South America) on Thursday. GSAT-24 is a 24-Ku band communication satellite weighing 4180 kg with pan-India coverage for meeting DTH application needs. NSIL, incorporated in March 2019, is a Central Public Sector Enterprise (CPSE), under Department of Space (DOS) and is the commercial arm of ISRO. As part of "space reforms" announced by the Government in June 2020, NSIL was mandated to undertake operational satellite missions on a "demand driven" model, wherein it has the responsibility to build, launch, own & operate satellites and provide services to

To mark Adani's 60th birthday, family pledges Rs 60K cr to charities

The corpus will be administered by the Adani Foundation

Tatas exit race to buy Reliance Capital's general insurance arm

Group only interested in general insurance, but lenders want firms to bid for entire cluster of companies

Amazon Retail India enters Gujarat, to source directly from farmers

The e-commerce major said the aim is to empower the farmers of Gujarat and offer high-quality fruits and vegetables to its customers

Air India prepares one of the largest aircraft deals in aviation history

Air India is looking to buy as many as 300 jets, which may be Airbus SE's A320neo family jets or Boeing Co.'s 737 Max models, or a mix of both

AI reorganising itself under Tatas; won't comment on A350 order: Airbus CCO

India has decided to procure its maiden batch of wide-bodied A350 aircraft from Airbus and the first plane is likely to be delivered to the airline by March 2023

Tata Power to buy coal worth Rs 12,000 cr from Indonesian miner in FY23

Related party transaction will require shareholder approval, says Indian company

CCI clears Air India's acquisition of AirAsia India stake, helping merger

At present, the Tata group owns and operates four airlines - Air India, Air India Express, AirAsia India, and Vistara. Air India and Vistara operate on both domestic and international routes

Tata Tech eyes acquisitions, 69% growth to nearly $800 mn by 2025

For the year ended March 2022, Tata Technologies revenue was seen at $473.5 million, along with an operating profit of $ 86.5 million and profit after tax of $58 million

TCS sees fall in staff attrition, robust demand for IT services: Top exec

More tech talent is expected to enter the job market from startups facing funding crunches, as central banks withdraw stimulus and hike rates: Girish Ramachandran

Tata's super app not just old wine in 'Neu' bottle, says JM Financial

Tata Group's Tata Neu is an ecosystem bringing the conglomerate's data-driven omnichannel experience to consumers across multiple channels, said JM Financial Institutional Securities

Tata Motors to strengthen R&D capabilities with fresh hiring this year

Tata Motors is gearing up to strengthen its R&D with fresh hiring as well as upskilling of the current employees this fiscal year in order to scale up capabilities across various business verticals, including the electric vehicle segment, as per a top company official. In the EV space, the company is looking to enhance its expertise in the area of battery packs and vehicle architecture, among others. "As far as hiring in R&D is concerned we are going for major hiring, especially this year, but there is also another area which we have looked into very deeply and that is upskilling the current engineers within R&D," Tata Motors President Passenger Vehicle and Electric Vehicles Shailesh Chandra said in an analyst call. It is going to be a big component of how the company is planning to really expand its R&D base, he added. The Mumbai-based auto major, in line with its growth aspirations and business plans for the next few years, is hiring across various verticals like ...

Tata group's Air India takeover worries Singapore's antitrust body

Says move could limit competition on India-Singapore routes

Tata Projects scales its way up the infra ladder one brick at a time

Noida airport latest in a series of assignments bagged by the company in recent years

Top headlines: Ambani is richest Asian again, PMI rises to 11- year high

Mukesh Ambani on Friday regained his spot as Asia's richest man, surpassing his rival Gautam Adani, as a report said that the difference between the two billionaires was 'just $1 billion

Singapore regulator raises concern with Tata Group on Air India acquisition

Singapore's competition commission on Friday said it has raised concerns with the Tata Group over its acquisition of Air India as the conglomerate now owns two of the three key airlines

Top Indian firms show resilience post pandemic, Tata Group at top spot

Top Indian firms have shown resilience in post pandemic business conditions and TATA Group, with its brand value up 12 per cent to $24 billion, continues to be the most valuable brand, a report showed

Tata Motors to takeover Sanand plant; signs MoU with Ford and Gujarat govt

As part of the MoU, Tata Motors would take over land, plant building, machinery, and vehicle assembly from Ford India Pvt. Ltd., along with all workers working at the plant

Adani Group companies' sky-high valuations unfazed by market correction

Group's stocks trading at a P/E of 105.3x