Page 9 - Tata Group

Tata Projects eyes Rs 2,500 cr via rights issue at Rs 6,700 cr valuation

According to a company filing, the rights issue is priced at Rs 163.1 per share, which includes a premium of Rs 158.1

Tata Group appoints Shibashish Roy as MD & CEO of Croma from April 1

Roy has helped expand Croma's market presence and improve its customer service approach across different sales channels

Croma appoints Shibashish Roy as new CEO and MD, effective April 1

Tata Group retail chain Croma on Monday announced the appointment of Shibashish Roy as its new Chief Executive Officer & Managing Director, effective April 1. Roy was named CEO in November 2024 and worked alongside outgoing Managing Director Avijit Mitra during a transition period that concluded in March 2025, Croma said in a statement. He has over 20 years of experience in Tata Group companies and has been instrumental in expanding Croma's market presence and improving its customer service approach across different sales channels, it added. "Shibashish has been transitioning into the role of CEO & MD over the past five months, following the succession plan announced late last year... I am certain Shibashish's digital-first approach and passion for customer engagement will drive Croma to great heights and look forward to working with him," Infiniti Retail Ltd Chairman Naveen Tahilyani said. Infiniti Retail Ltd operates organised consumer durables and electronics chain in India

TATA.ev drives into Mauritius market, expands international footprint

The automaker is set to introduce three electric models - Tiago.ev, Punch.ev, and Nexon.ev - in the Mauritius market

Tata group seeks 80 acres more to expand Dholera semiconductor chip plant

Gujarat govt had earlier allocated 20-acre land parcel to conglomerate

Tata Capital raises Rs 1,500 crore from Tata Sons, IFC via rights issue

The company will use the proceeds for further lending and to improve its leverage ratios

Tata AutoComp to acquire IAC Sweden, strengthening European presence

Tata AutoComp Systems Ltd on Monday said it will acquire International Automotive Components Group Sweden AB (IAC Sweden), in a bid to strengthen its presence in Europe's automotive sector. This proposed acquisition reinforces Tata AutoComp's presence in Sweden and enhances the company's relationships with key European Original Equipment Manufacturers (OEMs) in both the passenger vehicle and commercial vehicle segments, further expanding its global footprint, the company said in a statement. The company, however, did not disclose any financial details. IAC Sweden has a turnover of approximately USD 800 million and is a well established manufacturer of interior systems and components to the automotive industry, it added. The transaction is subject to European regulatory approvals, the company said. "This acquisition aligns with our long-term vision of expanding in global markets and strengthening our relationships with European OEMs," Tata AutoComp Systems Vice Chairman Arvind Goel

Tata-backed Air India eyes major widebody jet order from Airbus and Boeing

Air India may be looking to add 30 to 40 jets as Tata Group plans domestic and international expansion

Tata Sons set to invest Rs 1,432 cr in rights issue of Tata Projects

Conglomerate's engineering and construction company gets board approval for fundraising

N G Subramaniam appointed as chairman of Tata Communications board

NGS has been part of Tata Consultancy Services (TCS), the IT major, for 40 years. He stepped down from TCS in May 2024 as the chief operating officer and executive director

Tata's Tanishq expands US presence with new stores in Seattle, Atlanta

Indian jewelry brand from the TATA Group, Tanishq, is expanding its presence in the US market, opening new stores in the states of Washington and Georgia. Tanishq opened its fifth and sixth US stores in Redmond, Washington and Cumming, Georgia, respectively, marking a significant milestone in its North American expansion, a press release said. The brand continues to make waves in the US market, offering a sophisticated collection of fine gold and diamond jewelry tailored for both South Asian traditions and contemporary American tastes, it said. The 3,640 sq. ft showroom in Redmond near Seattle also has over 5,000 pieces on display and caters to a growing community that values quality craftsmanship, transparency and ethical sourcing. The opening was attended by Consul General of India in Seattle, Prakash Gupta, and Mayor of Redmond Angela Birney, Tanishq USA said. With Seattle emerging as a thriving hub for professionals and families who cherish both tradition and modernity Tanish

Tata Technologies announces leadership changes to drive growth strategy

Global product engineering and digital services firm Tata Technologies on Tuesday announced key leadership changes as part of its strategy to closely support clients across automotive, industrial heavy machinery, and aerospace sectors. The changes are part of the company's 'One Team with Customers' philosophy by deepening integration with top global clients through dedicated account teams, Tata Technologies said in a statement. Under the new structure, Nachiket Paranjpe will expand his leadership scope, continuing to grow the automotive business outside Tata Motors Ltd (TML) group while driving transformation in the embedded software and software-defined vehicles (SDV) business, it said. His role will encompass full lifecycle ownership of sales, solutions, and delivery, ensuring Tata Technologies remains at the forefront of SDV and embedded software innovation, it added. Keith Matthews has been elevated as Head Sales - Aerospace Business with immediate effect. He will focus on scal

Tata Capital plans to raise $750 mn via ECBs under $2 bn MTN programme

The fundraising comes as the company prepares for an initial public offering (IPO), expected by September, pending shareholder approval

India Semiconductor Mission, Tata ink fiscal pact for Gujarat chip plant

The Centre through the India Semiconductor Mission, has committed 50 per cent fiscal support on a pari-passu basis for eligible project costs

Air India sacks trainer pilot after probe into whistleblower claims

Air India on Wednesday said it has terminated the services of a trainer pilot for lapses and 10 pilots who underwent training under the trainer pilot have been removed from flying duties pending investigation. The latest action came after a whistleblower alleged that a simulator trainer pilot had failed to properly discharge his duties during recurrent simulator training for pilots. In a statement, the Tata Group-owned airline said a detailed probe was conducted into the allegations, which were corroborated after a review of the evidence. Without disclosing specific details, Air India said the trainer pilot's services are being terminated. "As a precaution, ten pilots who underwent recurrent training under the trainer pilot have been removed from flying duties pending further investigation," the airline said. Further, Air India said it voluntarily reported the matter to aviation regulator DGCA and also commended the whistleblower for stepping forward. Details about the trainer pi

Tata Capital seeks approval for related party deals with Tata Steel, TCS

Under the factoring arrangement, Tata Steel discounts its sales receivables with Tata Capital (TCL) arising from goods sold on credit to customers

Need for sovereign AI systems to avoid digital colonialism: Chandrasekaran

Chandrasekaran explained that the group was focused on priority areas, including artificial intelligence, sustainability and new energy, and geopolitical and supply chain resilience

Bharti Airtel confirm talks with Tata Group to merge their DTH segments

Analysts collectively believe that consolidation is the only way forward for the DTH industry

Airtel confirms 'bilateral discussions' with Tata Group for DTH merger

This consolidation is set to benefit Airtel by expanding its broadband and entertainment business, integrating telecom, broadband, and DTH services into a unified offering

Tata Capital's board approves IPO plan, to issue 230 mn new shares

Financial services company also approves rights issue of Rs 1,504 cr as it moves to comply with RBI regulations