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 Sons Ltd, the holding company of the Tata Group, may be forced to infuse fresh capital into its loss-making telecom arm, Tata Teleservices.
Tata Teleservices faces dues of Rs 19,256 crore amid heavy losses and negative net worth; Tata Sons may extend support as SC dismisses telcos' AGR relief plea
Tata Sons Chairman N Chandrasekaran on Wednesday paid a courtesy visit to Uttar Pradesh Chief Minister Yogi Adityanath in Lucknow on Wednesday, according to an official statement. The meeting centred around industrial development, investment promotion, and future strategies for the state, with detailed discussions on positioning UP as an ideal destination for domestic and international investors, as per the government statement. A key focus was the progress of the proposed "Temple Architecture Museum" project in Ayodhya, envisioned to preserve the state's religious and cultural heritage while significantly boosting tourism, it stated. "The discussion also covered the Jewar Airport project, which is expected to bring transformative economic and commercial growth to Uttar Pradesh. Additionally, talks were held regarding the potential establishment of an MRO (Maintenance, Repair, and Overhauling) facility for Air India, which would enhance the state's aviation services sector and ...
Despite strong revenue growth, Tata Capital's FY25 standalone profit rose just 4% as impairment on financial instruments jumped over fourfold amid rising NPAs
It all started with RBI classifying Tata Sons as an upper layer non-banking financial company (NBFC) in September 2022, implying that it would be required to list on stock exchange within three years
The deal is among the three largest foreign currency loans for an Indian company this year
Tata Sons invested ₹3,000 cr in Tata Capital, Tata Projects rights issue in FY 2025
Tata Capital's board approved the IPO, comprising a fresh issue of up to 230 million shares along with an offer for sale by existing shareholders
Leo Puri's exit from HUL was due to an increase in his board commitments, which included his proposed appointment on the board of a global entity
According to a company filing, the rights issue is priced at Rs 163.1 per share, which includes a premium of Rs 158.1
The company will use the proceeds for further lending and to improve its leverage ratios
Over a dozen investors keen on buying the bonds that may be backed by the group's stake in Tata Sons
Fair trade regulator CCI on Monday cleared Tata Sons' proposed acquisition of an additional 10 per cent stake in DTH operator Tata Play from Singapore's sovereign wealth fund Temasek Holdings. Currently, Tata Sons -- the promoter of Tata Group -- owns a 60 per cent stake in Tata Play. "The proposed combination involves the acquisition of 10 per cent shareholding in Tata Play by Tata Sons," the Competition Commission of India (CCI) said in a release. Tata Sons is an investment holding company, which is registered as a core investment company with the Reserve Bank of India and classified as a "Systemically Important Non-Deposit Taking Core Investment Company". "Commission approves the acquisition of certain additional shareholding in Tata Play Ltd by Tata Sons Pvt Ltd from Baytree Investments (Mauritius) Pte Ltd," the regulator said. Baytree Investments (Mauritius) is an affiliate of Singapore's sovereign wealth fund Temasek Holdings. Pursuant to the approval by CCI, Tata Sons will
Conglomerate's engineering and construction company gets board approval for fundraising
Bharti Airtel will reportedly hold a majority stake of 52-55% while Tata Play's shareholders, including Tata Sons and Walt Disney, will keep 45-48%
Tata Sons, which holds 93 per cent in Tata Capital, will subscribe to the full extent of its portion in the rights issue, said a source close to the development
The board's meeting, to discuss the size and timing of the rights issue, came shortly after the company sought shareholders' approval in January
Lunch with BS: "After Chandra took over as Tata Sons chairman, RNT would often say that there won't be noise anymore; there will be stability, there will be growth," says author of Ratan Tata: A Life
Natarajan Chandrasekaran has been the Chairman of Tata Sons since 2017, having joined its board in October 2016