Page 59 - Tata Group

How Adobe's tech is helping Tata CLiQ compete with e-commerce rivals

Access to Adobe Analytics dashboards and reports enables everyone in the Tata CLiQ ecosystem to dive deeply into data, track sales and make advanced analyses such as assessing customer purchase intent

Tata group in talks with 3 states for $300-million semiconductor unit

Tata Group is in talks with with Tamil Nadu, Karnataka and Telangana and scouting for land for the outsourced semiconductor assembly and test plant, say sources

Air India board to meet on Monday to finalise prepayment of Rs 12k-cr debt

Loans were raised by the airline as NCDs at 9.05-10.05% interest rate, will be prepaid as part of govt's sale of airline to Tatas

Tata-owned BigBasket enters offline grocery, will invest up to Rs 400 cr

It plans to expand its footprint to 200 physical outlets pan India by 2023 and 800 by 2026

Tata group likely to set up Tamil Nadu solar cell plant, invest Rs 3,000 cr

State seeks to have 25 GW of renewable energy capacity by 2030, become investment destination in sector.

Immersion in the Tata 'black box'

Book review of Tata: The Global Corporation That Built Indian Capitalism

JMM blockades Tata factories to protest shifting of TCPL HQ to Maharashtra

The JMM threatened to intensify the agitation

Air India sale, Tatas' EV arm keep deal street busy with $9.2 bn fund flows

The Air India sale to the Tatas has helped the deal street sizzle in October which in total saw 221 deals worth USD 9.2 billion -- 24 per cent more than the money changed hands in the same month in 2020, according to an industry report. According to Grant Thornton dealtracker report on Monday, October was encouraging, both in terms of deal volume and deal value, indicating the continuum in deal activities. While volume jumped two times over October 2020, in value terms it grew 24 per cent. In October, 61 mergers and acquisitions worth USD 3.3 billion were announced of which as much as USD 2.4 billion were the Tatas paying the government for the national carrier Air India, and 160 private equity deals worth USD 5.9 billion, which was 62 per cent more than the year ago period, according to the data collated by the agency. With 61 deals, M&As were the highest since 2015, up 62 per cent in volumes and 25 per cent in value. The month also witnessed the birth of five new unicorns: ...

Tata Steel Q2 results: PAT rises eight-fold to Rs 11,918 crore

The company is looking to deleverage around Rs 12,000 crore this year, depending on cash flows. It had deleveraged Rs 11,800 crore last year

Trent posts Rs 80-cr profit for Q2; revenue sees 2-fold jump to Rs 1,178 cr

Tata group retail firm Trent Ltd on Tuesday reported a consolidated net profit

No tie-up with airlines for govt staff after Air India-Tata deal

The government is not mandating travel by any particular airline, going forward, after handing over Air India because there won't be any state-owned airline, said DIPAM secretary

Tata Motors Ltd Q2 consolidated net loss widens to Rs 4,415.54 crore

Tata Motors Ltd (TML) on Monday reported a widening of consolidated net loss

Super app war: Adani, Tata and Reliance Industries go on acquisition spree

The conglomerates are planning to offer personal loans, travel bookings, and movie tickets to create a consolidated digital platform that will support their existing offline businesses, say bankers

Voltas reports 31% increase in second quarter profit at Rs 104.29 crore

The company has posted a consolidated net profit of Rs 79.66 crore in the same period last fiscal

Ministries, PSUs, govt depts owe more than Rs 600 crore to Air India

Airline is owed Rs 1,500 crore for tickets: mainly for flying VVIPs, ministers, foreign dignitaries and evacuation operations.

TMS, Ep 30: Tata group firms' m-cap, WGC India CEO Q&A, markets, and IoT

Why is TCS' share in m-cap of listed Tata firms declining so rapidly? Why does WGC's Somasundaram PR think 2022 will be a great year for gold? What is IoT and how does it work? Get all answers here

Why is TCS' share in listed Tata group firms declining so rapidly?

The combined m-cap of all listed Tata firms, excluding TCS, has shot up by 102% this year. This report examines how the fortunes of the Tata group companies are turning around under N Chandrasekaran

Govt signs share purchase agreement with Tatas for Air India sale

After signing the deal, Conditions Precedent (CP), which includes terms and conditions, will be completed in eight weeks, as per the plan shared by govt

Challenges abound as Tata draws up a flight plan for Air India

Industry executives warn any success will be a long and complicated process that could cost Tata Sons more than $1 bn

What will be the task ahead for Tatas to get Air India soaring again?

Air India has returned to the Tatas' stable after 68 years. But, that's just the first step. Let's delve into the long flight to stability that the airline and the group will have to chart