Page 6 - Tata Group

Air India crash: High-level panel formed, to submit report within 3 months

Air India Flight 171, a Boeing 787 en route to London, crashed in Ahmedabad on June 12, killing 241 on board; Aircraft Accident Investigation Bureau (AAIB) has retrieved the flight's black box

Air India crash: Tata to pay ₹1 cr to victims on ground, toll rises to 274

The Air India Dreamliner crashed near Meghaninagar, Ahmedabad, killing 274, including 33 on ground; Tata to pay ₹1 cr to each victim's kin and rebuild damaged college hostel

N Chandrasekaran pledges full transparency in Air India crash probe

Tata Sons Chairman N Chandrasekaran calls the Air India crash one of the Group's darkest days and assures families of full transparency as international probes begin

Tata Group needs to fine-tune key aspects of Air India's ops: Praful Patel

Former Civil Aviation Minister Praful Patel on Friday said the Tata Group needs to fine-tune key aspects of Air India's operations, including maintenance, in the wake of the crash of its Dreamliner aircraft in Ahmedabad. "After three-and-a-half years of the takeover of Air India by the Tatas, the management needs to fine-tune various aspects of running a world-class airline, including maintenance," Patel told reporters here. Air India's Boeing 787 Dreamliner (AI171) carrying 242 passengers including 12 crew members crashed in the Meghaninagar area shortly after the take-off from the Ahmedabad airport on Thursday afternoon, killing 241 persons on board and others who were on the ground. The accident is being probed by the Aircraft Accident Investigation Bureau (AAIB) which comes under the civil aviation ministry. Terming the accident as a temporary setback, Patel said India's aviation sector remains largely well-managed. A Rajya Sabha MP, Patel headed the civil aviation ministry .

Mood turns sombre at Bombay House after Air India Dreamliner crash

A sombre mood grips Bombay House after an Air India Dreamliner crash, dealing a blow to Tata's aviation revival plans and delaying key group events and ceremonies

Ahmedabad plane crash: Army deployed to assist civil admin in rescue ops

The Indian Army has been deployed to support civil authorities in rescue and relief operations after the Air India plane crash in Ahmedabad that killed hundreds

What caused Air India plane crash? Clues point to power failure, not blast

Air India flight AI171 crashed near Ahmedabad after take-off. Early signs point to power failure, not explosion. Investigations are underway as Boeing 787 safety concerns come under lens

Tata Group announces ₹1 cr ex-gratia for kin of Air India crash victims

The Tata Group has pledged to pay ₹1 crore to the families of each person who has lost their life in the Ahmedabad plane crash. Noel Tata extended his heartfelt condolences to the bereaved families

Tata Steel to begin UK low-carbon project in July 2025, eyes 2027 launch

Homegrown Tata Steel is expecting to start the construction of its low-carbon EAF-based steel making project in the UK from July 2025 and commence operations by 2027, top company officials said. The company has received necessary approvals for its USD 1.5 billion project at Port Talbot, Tata Steel CEO & MD T V Narendran, and ED & CFO Koushik Chatterjee said in the company's annual report for FY2024-25. "We are now transitioning to decarbonised and state-of-the-art EAF-based steelmaking by FY2027-28, supported by 500 million pounds in the UK Government funding," the management said. They said that planning approval has been received for the EAF (electric arc furnace) project at Port Talbot and the construction is expected to commence in July 2025. The operations in the UK have been shut and the company is servicing its customers from its India and Netherlands operations. "We have exited from steelmaking through the end-of-life heavy end assets in Port Talbot, and moved to a ...

Tata Sons dividend income may have slipped in FY25 for first time in 9 yrs

Tata Sons reported standalone operating income of Rs 43,767 crore in FY24 up 25.3 per cent from Rs 34,917 crore a year ago

In a first, Rafale fuselage to be made in India under Tata-Dassault tie-up

"The agreements between Dassault and TASL also come amid a growing focus on boosting private sector participation in the production of indigenous combat aircraft."

Tata Capital likely to get Sebi approval for nearly $2-billion IPO

Tata Capital may soon get Sebi clearance for a $2 bn IPO, aiming for a listing before the September 2025 deadline for upper-layer NBFCs under RBI rules

Apple taps Tata for iPhone repairs as company expands India role: Report

In its latest partnership expansion, Tata is taking over the mandate from an Indian unit of Taiwan's Wistron, ICT Service Management Solutions

Tata Sons board accepts internal panel report on company secretary

Tata Sons board clears Suprakash Mukhopadhyay of wilful breach or personal gain in code of conduct case, reviews FY25 results and Tata Capital IPO plans

Tata group earnings mirror India Inc show as FY25 profit dips marginally

The combined consolidated adjusted net profit of listed Tata group fell 0.1 per cent Year-on-Year to Rs 90,547 crore in FY25 from Rs 90,630 crore in the previous financial year

Tata Digital CEO Tahilyani resigns after a year, joins Prudential

Tahilyani, who joined Tata Digital in February 2024, exits after restructuring leadership and growing the firm's financial offerings including a booming credit card base

Tata Motors expects low single-digit PV growth in FY26, hatchback rebound

Tata Motors expects to maintain low single-digit growth in passenger vehicle sales this fiscal in line with the overall industry estimate, with the company betting on premium hatchback sales to bounce back with the introduction of its all-new version of Altroz, a top company official said on Thursday. The company is looking to regain 25 per cent share in the premium hatchback segment, having seen it fall in the last one-and-a-half year, Tata Motors Passenger Vehicle Ltd and Tata Passenger Electric Mobility Ltd Managing Director Shailesh Chandra told PTI here in an interview. However, it has paused plans to introduce an electric version of the premium hatchback Altroz due to overcrowding in the price segment in which it was envisaged to be positioned, he said. The all-new Altroz has been launched with introductory prices ranging from Rs 6.89 lakh to Rs 11.29 lakh across petrol, CNG and diesel variants. "I am also going with the triangulated view coming from various agencies, ...

Tata group telecom services provider share zooms 28% in 2 days; here's why

Tata Sons Ltd, the holding company of the Tata Group, may be forced to infuse fresh capital into its loss-making telecom arm, Tata Teleservices.

TCS gets Rs 2,903 crore BSNL order for 4G rollout at 18,685 sites

BSNL places Rs 2,903 crore APO with TCS for planning and maintenance of 4G network; Tejas Networks to supply RAN equipment worth Rs 1,525 crore

Tata Tech expects return to healthy growth by Q2 FY26: CEO Warren Harris

Global product engineering and digital services firm Tata Technologies Ltd expects its return to healthy growth by the second quarter of this fiscal anticipating bilateral trade pacts between the US and its trade partners and the emergence of clarity after President Donald Trump's tariff shock, its CEO and Managing Director Warren Harris said. Having grappled with softness in the market over the last 12 months, he told PTI that the company was entering the new fiscal year "relatively bullish" before Trump's "tariff shock" prompted its customers to once again revisit their plans. "A lot of those customers towards the end of the (last) fiscal year were starting to get clarity, were starting to put programme decisions and we were very much encouraged by the interactions we had with many of our customers. We were relatively bullish coming into April," he said. Harris further said, "But unfortunately, almost within the first week of the new fiscal year the new (US) president announced th