Page 6 - Tata Group

TCS appoints Amit Kapur to lead newly formed AI and services unit

Kapur's appointment, effective from September, comes at a time when Indian IT companies are racing to adopt and offer more AI products to their clients to attract tech spending

Sajith Sivanandan appointed Tata Digital CEO & MD, to take over on Sept 1

Sivanandan, who has led Jio Mobile Digital Services and Disney+ Hotstar, will take over Tata Digital after a leadership vacuum since Naveen Tahilyani's exit in May

IHCL to buy stake in firms operating The Clarks Hotels & Resorts' brand

Tata Group-owned Indian Hotels Company Ltd (IHCL) on Monday said a committee constituted by its board has approved and executed agreements to acquire about 51 per cent stake each in two entities -- ANK Hotels and Pride Hospitality -- which have a portfolio of 135 hotels operated under 'The Clarks Hotels & Resorts' brand. The transactions to be executed via cash consideration are expected to be completed by November 15, 2025. The share subscription and purchase agreements and shareholders' agreements were executed to acquire about 51 per cent equity stake for an amount not exceeding Rs 110 crore in ANK Hotels Pvt Ltd, and Rs 94 crore in Pride Hospitality Pvt Ltd, according to a regulatory filing. "The foregoing companies have a portfolio of 135 hotels which are operated under 'The Clarks Hotels & Resorts', primarily across India, IHCL said. The country's biggest hospitality player has also signed a distribution & marketing agreement with 'Brij Hospitality Pvt Ltd', which ...

Tata Group CEOs see broad-based FY25 pay hikes led by growth sectors

Top Tata Group executives saw an average 19.2% pay hike in FY25, driven by profit growth in consumer, hospitality, and tech units, while heavy industries stayed muted

Tata Steel eyes ₹7k cr gross merchandise value from 'Aashiyana' in FY26

Tata Steel is aiming to double the gross merchandise value (GMV) to around Rs 7,000 crore of its homebuilding e-commerce platform Aashiyana' in the 2025-26 fiscal, a senior company official said. The steel major is also considering onboarding non-Tata Steel products for the first time to expand offerings in the domain, he said. All of the GMV on Aashiyana' currently comes from Tata Steel products, but we do plan to expand our offerings in the near future, Tata Steel VP (Long Products) Ashish Anupam told PTI. The platform recorded a GMV of Rs 3,550 crore in 2024-25, registering a 60 per cent year-on-year growth, and with the rollout of Aashiyana 3.0' the newly launched version of the platform Tata Steel expects to double the GMV over the next one year, he said. Initially launched as a transactional e-commerce site, Aashiyana' has now evolved into a full-fledged content-to-commerce ecosystem designed specifically for individual home builders (IHBs) a largely unorganised but ...

Air India raises pilots' retirement age to 65, non-flying staff to 60

Air India has decided to increase the retirement age for pilots to 65 years and for non-flying staff to 60 years, sources said on Friday. At present, the retirement age for both pilots and non-flying staff at the airline is 58 years. The announcement about increasing the superannuation age was made at the airline's townhall addressed by CEO and MD Campbell Wilson, the sources said. Air India pilots' retirement age will be increased to 65 years and that of non-flying staff will be raised to 60 years, a move that will also bring their superannuation age at par with erstwhile Vistara. There was no official comment from Air India. Tata Group-owned Air India has around 24,000 staff, including about 3,600 pilots and nearly 9,500 cabin crew members It could not be immediately ascertained whether the retirement age for cabin crew, which is currently 58 years at Air India, has been increased or not. In recent times, some pilots and cabin crew members have quit the airline. According to

Trent Q1 results: PAT up 8.6% at ₹424.7 cr on strong retail performance

Tata group retail firm Trent Ltd on Wednesday reported an 8.6 per cent increase in consolidated net profit to Rs 424.7 crore in the June quarter, driven by steady performance across formats. The company had posted a consolidated net profit of Rs 391.2 crore in the June-April period a year ago, Trent Ltd said in a regulatory filing. Consolidated revenue from operations in the first quarter stood at Rs 4,883.48 crore compared to Rs 4,104.44 crore in the year-ago period, it added. Total expenses in the period under review were higher at Rs 4,368.59 crore against Rs 3,703.96 crore in the same period of the previous fiscal, said the company that runs different retail chains under brands, including Westside and Zudio. "The business delivered a steady performance during the quarter. We remain focused on evolving our differentiated consumer proposition that appeals to a wider audience across diverse markets," Trent Ltd Chairman Noel N Tata said. Notwithstanding continuing competitive ...

Leadership call, control, and continuity; what's brewing at the Tata group

In extending the term of executive chairman N Chandrasekaran, Tata Trusts has added additional clauses as adjuncts in the group's leadership journey

Tata Capital IPO: Know key risks, strengths from Tata Group's NBFC DRHP

According to the Reserve Bank of India (RBI) regulations for upper-layer NBFCs, Tata Capital is required to complete its public offering by September 2025

JLR appoints PB Balaji as CEO; Adrian Mardell to retire in December

Jaguar Land Rover appoints P.B. Balaji as CEO, effective November 17, 2025, following Adrian Mardell's retirement after 35 years at the company, including three years as CEO

'UK steel ops to break even by FY26 as Tata cuts blast furnace losses'

Tata Steel's top brass on trade headwinds, European operations, MSME concerns, and India expansion plans amid Q1FY26 profit surge

Cost takeouts to continue as Tata Steel eyes steady profitability: CFO

Tata Steel will continue with its cost takeout programme in the coming quarters of the ongoing fiscal year in a bid to maintain profitability, the company's Chief Financial Officer (CFO) Koushik Chatterjee said on Thursday. The Tata Group entity on Wednesday saw its consolidated net profit more than doubled to Rs 2,007.36 crore during the June quarter, despite volatile global macro conditions and heightened uncertainty. "The strong improvement in our Q1 performance on QoQ as well as YoY basis was driven by an increase in our net steel realisations and the planned cost takeouts," Tata Steel CEO & MD T V Narendran said. In financial terms, cost takeout refers to strategic cost reduction measures taken by companies by removing unnecessary expenses to improve profitability and efficiency. Tata Steel has delivered resilient performance and sequentially improved margins by around 200 bps despite challenging demand and uncertainty on trade and tariffs, said Chatterjee, who is also the ...

Tata Consumer may find buffer in margins despite mixed Q1 results

Q1 results fell short of Street estimates. Strong growth in the company's core tea and salt businesses failed to offset the sluggish performance in its growth portfolio, dragging down overall numbers

Jaguar, Corus, Tetley: A look at Tata Group's biggest global acquisitions

The acquisitions of Tetley Tea, Corus Group, and Jaguar and Land Rover marked the salt-to-steel conglomerate's aggressive expansion streak in the 2000's

Air India: DGCA audit flags 51 safety lapses, training, and crew gaps

DGCA audit finds 51 safety issues at Air India, including poor pilot training, unauthorised simulators, and rostering flaws. Tata-owned airline under scrutiny after recent fatal crash

Tata Sons invested ₹1 trn in group firms in 5 years: N Chandrasekaran

Group firms undertook capex and investments of over Rs 4.5 trn, says chairman of conglomerate

Tata Chairman N Chandrasekaran's compensation up 15% at ₹156 crore in FY25

During FY25, Tata Sons' profit fell 24.3 per cent to ₹26,232 crore from ₹34,654 crore the previous year, according to the company's annual report

Air India saw minor increase in pilots reporting sick after crash: Govt

Air India witnessed a "minor increase" in sick leaves reported by pilots across its fleet in the aftermath of the Ahmedabad plane crash, with 112 pilots reporting sick in a single day on June 16, according to the government. In response to a Lok Sabha member's query on whether Air India has been experiencing mass sick reporting by its flight crew members, following the crash, Minister of State for Civil Aviation Murlidhar Mohol on Thursday said there has been a minor increase in sick leaves reported by pilots, and as many as 51 commanders reported sick on June 16. "Air India reported a minor increase in sick leaves reported by pilots across all fleets in the aftermath of the AI-171 accident. On 16.06.2025, a total of 112 pilots reported sick, comprising of 51 Commanders (P1) and 61 First Officers (P2)," the minister said in a written reply. The airline's Boeing 787-8 aircraft, operating the flight AI 171, en route to London Gatwick, crashed into a building soon after takeoff from ..

Two Tata Group firms plan India bond issues to raise ₹2,000 cr, bankers say

Tata Power Renewable Energy, a unit of Tata Power, is expected to raise about ₹1,000 crore via 10-year bonds, while Tata Communications may raise a similar amount through three-year notes

Tata Group, Google, Infosys three most attractive employer brands: Report

Tata Group, Google India and Infosys have emerged as India's top-three most attractive employer brands, according to Randstad Employer Brand Research (REBR) 2025. As per the report, India's workforce is increasingly prioritising purpose-driven employment choices, with work-life balance, equity, and attractive salary & benefits emerging as the top Employee Value Proposition (EVP) drivers. Tata Group scored very high on financial health, career progression opportunities, and reputation the top 3 EVP drivers for the organisation, as per the survey. Google India climbed the rankings this year to emerge as the runner-up, followed by Infosys, which occupied the third spot. The top-10 most attractive employer brands in India for 2025 also include Samsung India at the 4th place, JPMorganChase (5th), IBM (6th), Wipro (7th), Reliance Industries (8th), Dell Technologies Ltd (9th) and State Bank of India (10th). State Bank of India has entered the list of top 10 employer brands as the only .