Page 55 - Tata Group

Tata group companies cut debt by selling shares, some biz portfolios

Group's net debt fell to Rs 2.04 trn in FY21 from Rs 2.6 trn a year ago; Debt of unlisted Tata Sons, the holding company, will go up this fiscal with Air India deal

Tata Coffee board approves re-appointment of Chacko Thomas as MD and CEO

Thomas is the managing director and chief executive officer of the company since April 1, 2019

Indian Hotels to eliminate single-use plastic across properties by 2030

Tata group hospitality firm Indian Hotels Co Ltd (IHCL) on Tuesday said it will completely eliminate single-use plastic across all its hotels by 2030, besides committing to skill 1 lakh youths in the next five years as part of its sustainability and social impact measures under a newly launched initiative, Paathya. The company has outlined a host of short and long-term goals for 2030 with a commitment to sustainability, social impact and growth. These include ensuring 100 per cent reuse of wastewater, 50 per cent of energy to come from renewables and 100 per cent of the company's hotels certified to a global sustainability standard. "By 2030, all (our) hotels will be single-use plastic-free, have onsite organic waste management systems, and all of the wastewater will be recycled or reused. Also, 100 per cent of all of our hotels will be EarthCheck certified," IHCL Managing Director & CEO Puneet Chhatwal said while launching the Paathya initiative. Amongst other initiatives that ..

Airbus leans on existing ties with Tatas as it pitches A350 to Air India

The Tata group is also in preliminary talks with planemakers for renewing Air India's aging long-haul fleet of Boeing 777s

Airbus in talks with Tatas, Indian carriers for A350XWB aircraft

Wide-bodied planes like A350XWB have larger fuel tanks that allow them to travel longer distances as compared to narrow-bodied aircraft like A320NEO

In touch with Tata for providing new aircraft for Air India: Airbus India

Global aerospace major Airbus India on Monday said that it is in touch with Tata Group for providing its new aircraft A350 for Air India.

TataNeu: Tata group super app loyalty play awaits April 7 launch

TataNeu will offer multi-category loyalty programme

SP Group to raise up to Rs 15,000 crore against Tata Sons shares

Ares SSG, Farallon offer loans at 24% per annum after long-drawn talks

Air India has 2,657 pending cases in Indian and international courts: Govt

These cases related to issues such as employee service matters, consumer complaints, commercial matters, MoS Civil Aviation V K Singh said

SoftBank in talks with Tatas, Mahindra for stake buy in subsidiary: Misra

Japanese investor SoftBank Investment Advisers is in talks with Tatas and Mahindras for a stake buy in one of their subsidiaries, a top official said on Friday.

These two beaten-down Tata Group stocks freeze at 5% upper circuit

Nelco was locked in the upper circuit at Rs 637.10 and Tejas Networks was frozen at Rs 384.90 on the BSE.

Tata-Mistry spat: SC to hear Mistry review petitions on Wednesday

The Mistry family has challenged apex court's March 2021 decision which agreed with Tata Sons board to remove Cyrus Mistry as chairman

Japan's Renesas, Tata Elxsi partner in EV design centre

The centre in Bangalore will be a new hub for the two companies to develop crucial EV systems, such as battery management systems and motor control units

Air India's CEO choice leaves many questions

How actively did the aviation experts in the Tata group - which already had two airlines - participate in the selection process of the Air India chief?

Ilker Ayci turns down Tata Group's offer to be new Air India CEO

Plan B: 5-member interim panel to run the airline

Turkey's Ilker Ayci declines Air India CEO role in setback for Tata Group

RSS-affiliate Swadeshi Jagran Manch had last Friday said the government should not give clearance to the appointment of Ilker Ayci 'keeping in view national security'

SC to hear Mistry's plea to delete remarks against him in case vs Tata Sons

Supreme Court on Monday said it would hear after 10 days the plea of CIPL for expunction of certain remarks made against Cyrus Mistry in the 2021 verdict setting aside the NCLAT's order

Female employees break a Tata Steel glass ceiling as SCR operators

Tata Steel has deployed four female employees as stacker-cum-reclaimer (SCR) operators for the first time at its Meramandali plant in Odisha's Dhenkanal district

TCS elevates Muthuswami as North America chairman, rejigs several key posts

He will take charge from TCS North America chairman Surya Kant, who will retire at the end of the current financial year after a stint of 43 years at the firm

Tata Power, RWE Renewables GmbH tie up to develop offshore wind projects

A corresponding MoU has been signed between Tata Power Renewable Energy Limited and RWE Renewables GmbH, one of the world's leaders in offshore wind, a Tata Power statement has said