Page 62 - Tata Group

Tata brings Air India home: Here's the carrier's 90-year journey

Air India returns to Tatas after group puts in winning bid of Rs 18,000 cr

Air India deal: Tatas back in the cockpit after decades of resistance

The group has been battling fierce opposition from other airlines and politicians since the 1990s

Top headlines: Air India returns to Tatas; CEA Subramanian to step down

Business Standard brings you the top headlines on Friday

Tatas will have to retain all AI employees for 1 year, can offer VRS in 2nd

The new owners of Air India will have to retain all the employees of the national carrier for at least one year post which they can offer a VRS. The gratuity, pension fund and post retirement medical benefits of existing and past employees too would be honoured by the new owner, Civil Aviation Secretary Rajiv Bansal said. Tata Sons has emerged as the winning bidder for Air India with the government accepting its Rs 18,000 crore offer to acquire 100 per cent of the debt-laden state-run carrier. Briefing reporters, Department of Investment and Public Asset Management Secretary Tuhin Kanta Pandey said the outstanding dues of employees of Rs 1,332 crore as per the report of Justice Dharmadhikari would be paid by the government. Air India has 12,085 employees - 8,084 permanent and 4,001 contractual. Besides, Air India Express has 1,434. In the next five years, about 5,000 permanent employees will be retiring, he said. Free travel by government employees on Air India flight will stop po

New dawn for Air India: Scindia on airline's sale to Tata Group

The Tata Group's bid of Rs 18,000 crore comprises taking over of Rs 15,300 crore of debt and paying the rest in cash

Tata Motors likely frontrunner to take over Ford's Chennai unit

Group Chairman Chandrasekaran, Tata Motors top-level delegation meet Stalin in a span of 2 weeks

Tata Steel's output grows 7% in July-September period

The company's consolidated steel production was 7.25 MT in the same period last year, Tata Steel said in a statement.

Tata Group firms make open offer to acquire 26% stake in Tejas Networks

Tata Group firms on Friday made open offer to acquire upto 26 per cent stake in domestic telecom gear firm Tejas Networks for around Rs 1,038 crore

"Ratan Tata Inspired Me To Become A Social Entrepreneur", Says Utkarsh Kishore

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Govt begins Air India bid evaluation from Tata Group, SpiceJet founder

The government has begun evaluation of financial bids received from Tata Group and SpiceJet founder for the acquisition of Air India, sources said.

Tata likely to emerge victorious for Air India, says former director

Tata Sons Ltd., the group holding company that controls Jaguar Land Rover and owns a majority stake in AirAsia India, submitted a bid for Air India earlier this month

Tata-Mistry battle: Can debt-ridden SP Group monetise its crown jewel?

The 70-year ties between Tata Group and SP Group have gone from sweet to sour in last few years. Mistrys want to exit Tata Sons and liquidate their stake. Will they succeed? Watch this report

Tata Group to invest Rs 110 crore in health tech firm Karkinos

Comprehensive oncology platform Karkinos has closed a funding round with the Tatas with an investment commitment of Rs 110 crore, according to industry sources

Tatas most trusted group amongst the investors, finds poll

What stands out starkly about the poll results is that there's a huge gap between the winner and the rest of the corporate groups

Top headlines: SBI likes Tata Air India bid; markets sweat over Evergrande

McLeod Russel India, the country's largest tea producer, bubbles out of insolvency. Metal stocks crash over fears about China's Evergrande. More in top headlines of the day

State Bank of India prepared to support Tata group's bid for Air India

Holding company's 'AAA' rating will make it a formidable player: Bankers

Govt may select winner in Air India's disinvestment in about three weeks

The Tata group and SpiceJet promoter Ajay Singh are in the race to acquire the loss-making airline

Tata says Dutch state support needed in drive for 'green' steel

Economy minister Stef Blok in a statement said he would investigate extent to which national or international subsidies would be available, without breaking European rules for state support.

Tatas, SpiceJet's Ajay Singh submit financial bids to acquire Air India

The Tata group has confirmed that it has put in its bid. Ajay Singh has participated in the bid

Ratan Tata, Chandrasekaran deny reports of leadership changes at Tata Sons

Both Tata and Chandrasekaran were reacting to media reports that a new CEO position will be created in Tata Sons to oversee the group's business