The firm was helped by a rebound in soda ash volumes in the US and India.
Together with TCS, the conglomerate is creating capacity to take advantage of the big new opportunity in 5G network and broadband rollout by acquiring a reputed telecom gear manufacturer and tying up
Tejas Networks said Panatone and some other companies of the Tata Group would make a public announcement to acquire up to 40.3 million equity shares of Tejas Networks
It accounts for 9.2% of group m-cap, highest in a decade
Business Standard brings to you the top headlines on Tuesday
Ex-TCS, group posted net loss for the third straight year in FY21
Tata Group is taking a more vocal interest in rules shaping online marketplaces, hinting at ambitions as it reappraises its retail strategy just as e-commerce reform threatens to muddy plans
Industry and IT Minister Partha Chatterjee has said talks are on with the Tatas for big-ticket investments in the state.
Tata group consumer durables major Voltas Ltd on Monday said it has appointed Jitender P Verma as its chief financial officer (CFO). Verma, who was the senior Executive Vice President and Group CFO and a Member of the Board and Executive Committee of Thoresen Thai Agencies Public Ltd Company, Thailand, will succeed Anil George, who has decided to separate from the services of the company due to personal commitments, Voltas Ltd said in a regulatory filing. His appointment is with effect from July 19, 2021, it added. With over three decades of experience in organisations ranging from Asian conglomerates to American and European multinationals, Verma has worked in diversified manufacturing sectors, FMCG - food, agro, retail, electronics, and infrastructure, the company said. He was also Executive Director and Group CFO of Jindal Stainless Ltd. His expertise is "in the area of business strategy and planning, merger and acquisitions, P&L enhancement, restructuring, JV and strategic ..
Their renewable energy and retail plans offer contrasting strategies; if they pan out, the consumer is the guaranteed winner
Has approached foreign banks for a Rs 5,000-crore bridge loan
Chandrasekaran was appointed as non-independent non-executive director of the firm on February 11, 2017.
The company, however, said it is moving ahead with "calmness and composure" and is confident of overcoming all the challenges.
FMCG firm Tata Consumer Products Ltd (TCPL) will work "very closely" with BigBasket, recently acquired by the Tata Group, to drive win-win synergies, according to company's MD and CEO, Sunil D'Souza
The big boys may well compete, but if you parse Mr Ambani's AGM statement, it appears that RIL would more like to play the role of an input and/or original-equipment-manufacturer than a fierce rival
Here are the best of Business Standard's opinion pieces for Tuesday
He will continue as a consultant to the company till the end of this fiscal year, the company said in an exchange filing
Hurun Research and EdelGive Foundation today released the 2021 EdelGive Hurun Philanthropists of the Century, a ranking of the world's most generous individuals from the last 100 years
Based on open radio access network (ORAN) technology, the plan is to roll out the solution initially for India and subsequently for exports
The Adani group has five listed entities, and the median number of analysts covering the group is one, lower than that of other large groups