Tata Sons

Air India merger: Why there's optimism Vistara experience will not fade

A board meeting of Tata Sons is learnt to have reviewed the Air India business and how the Vistara experience would continue, as SIA would have a considerable stake in the merged entity

Tata Sons avoids mandatory listing after repaying Rs 20,000 crore debt

Tata Sons, the holding company of the Tata Group, has voluntarily surrendered its certificate of registration to the Reserve Bank of India (RBI)

Tata Sons chairman to co-chair task force for reshaping Andhra Pradesh

Chief Minister N Chandrababu Naidu on Friday said here that Tata Sons chairman N Chandrasekaran will co-chair the Task Force for Economic Development, for achieving a Swarna (golden) Andhra Pradesh by 2047. The Tata Sons chairman, who called on the Chief Minister today, would be a part of the task force, which comprises intellectuals and industry leaders. "The GoAP (government of Andhra Pradesh) is forming a Task Force for Economic Development of Swarna Andhra Pradesh,,,I'm delighted to announce that Chandrasekaran will co-chair this Task Force," said Naidu in a post on X. Calling Chandrasekaran an old friend, the CM observed that the Tata Group has also agreed to team up with the state for the Centre for Global Leadership on Competitiveness to be established in Amaravati by the Confederation of Industry (CII). Further, Naidu said he and Chandrasekaran explored opportunities for setting up a TCS development centre in Visakhapatnam, and also enhance the state's air connectivity thro

Tata Sons raises Tata Electronics' equity capital to Rs 10,000 crore

Tata Sons plans to establish a large-scale semiconductor fabrication plant and invest an additional Rs 27,000 crore to develop a new semiconductor assembly and testing facility in Assam

BigBasket and Tata 1mg opt for debt over equity for expansion in FY25

Tata 1mg received board approval for offline expansion, which will be funded through debt, while BigBasket plans to raise $80-100 million through a mix of equity and debt

UP okays TATA Sons' Rs 650 cr proposal for 'museum of temples' in Ayodhya

The Uttar Pradesh cabinet on Tuesday approved a proposal from the Tata Sons to build a 'museum of temples' in Ayodhya at a cost of Rs 650 crore, officials said. Sharing details about the decision, Tourism Minister Jaivir Singh said the tourism department would provide the company land for the international-level museum on a 90-year lease for a token money of Re 1. "Tata Sons had proposed the project through the Central government, offering to build the museum at a cost of Rs 650 crore under its corporate social responsibility fund," Singh said at a press meet here after the cabinet meeting chaired by Chief Minister Yogi Adityanath. The cabinet also okayed the company's proposal for other development works in the temple town for additional Rs 100 crore, he added. Tata Sons is the principal investment holding company and promoter of Tata companies. Other proposals approved during the cabinet meeting included the launch of helicopter services in Lucknow, Prayagraj an Kapilvastu unde

Tata Group firms executing over 100 GenAI projects: Chandrasekaran

Chandrasekaran said that AI will empower every employee to perform at a higher level of productivity.

N Chandrasekaran to lead Tata Electronics amid $14 bn semiconductor push

N Chandrasekaran will succeed Banmali Agrawala, who has served in this post for the past few years

Here's how much royalty Tata Group companies will pay for the Tata name

Tata Group companies pay a brand subscription fee for the privilege of using the 'Tata' name. Here is how much they will need to pay now

Tata group directors to meet in Mumbai on May 20 to talk future vision

The group had earlier put a cap on the brand subscription fee to group firms and this has now been lifted, leading to higher payout by TCS, said a source

Tata Sons raises stake in Tata Play to 70% as Temasek exits: Report

Tata Play has informed the Ministry of Information and Broadcasting about the change in shareholding

Air India-Vistara merger: Tata Sons moves up deadline to year-end

Air India and Vistara have reached out to the Directorate General of Civil Aviation (DGCA) and initiated the process of merging their operational manuals

Tata Passenger Electric, Shell India partner for EV charging stations

Tata Passenger Electric Mobility on Thursday said it has tied up with Shell India Markets to collaborate in establishing public charging stations across India. The collaboration will leverage Shell's widespread fuel station network and Tata Passenger Electric Mobility's (TPEM) insights from over 1.4 lakh Tata EVs on Indian roads to set up chargers at locations frequently visited by EV owners, the company, a part of Tata Motors, said in a statement. "Through this partnership, we aim to grow the existing charging infrastructure, which is crucial for mainstream adoption of EVs in the country, particularly as the customer base continues to expand," TPEM Chief Strategy Officer Balaje Rajan said. Shell India Markets Director Sanjay Varkey said the company is committed to define the EV charging experience by offering integrated solutions that prioritise convenience, safety, and sustainability.

Tata Group will move to 70% green energy by 2030: Chairman Chandrasekaran

Tata Sons Chairman N Chandrasekaran on Saturday said the conglomerate will move to 70 per cent green energy by 2030. He was addressing the convocation of XLRI-Xavier School of Management in Jamshedpur where he was honoured with the Sir Jehangir Ghandy Medal for Social and Industrial Peace. "Nation-building impulse is as relevant now as it was earlier. There are major energy transitions, digital transitions in the form of AI and machine learning, and supply chain transitions that we are facing today. But, India is uniquely placed because we can invest in each of these transitions today because of the geopolitical advantages that our country has," he said. He said that by 2030, the Tata Group will move to 70 per cent green energy. Chandrasekaran said the priorities of the conglomerate are simplification, synergy, sustainability, supply chain transformation and digital transformation. "These are achieved via integrity, sound strategy, great execution, good governance and consistent .

Tata Sons offloads TCS shares worth over Rs 9,300 crore via open market

Tata Sons has offloaded shares worth around Rs 9,300 crore in IT major Tata Consultancy Services through open market route, a regulatory filing said on Thursday. According to the filing, Tata Sons has sold 234 lakh shares amounting to 0.65 per cent stake in TCS on March 19. Calculated on the basis of the closing price of Rs 3,977.55 on March 19, the deal value comes to Rs 9,307.46 crore. The block deal initiated by Tata Sons was aimed to offload up to 2.34 crore shares of TCS at a floor price of Rs 4,001 per share. This floor price represented a 3.65 per cent discount from Monday's closing price of Rs 4,144.75 apiece. As of December 2023, promoters and promoter group entities hold a 72.41 per cent stake in TCS, of which 72.38 per cent shareholding is owned by Tata Sons. Shares of TCS recovered 0.09 per cent and settled for the day on Thursday at Rs 3,974.05 apiece on BSE, after witnessing a decline in the previous three trading sessions. Tata Sons shares had slipped on stock exch

TCS slips 3% after 21 mn shares change hands in block deals on BSE

At 09:15 am; around 20.93 million equity shares representing 0.58 per cent of total equity of TCS changed hands on the BSE, the exchange data showed.

Tata Sons to sell 23.4 mn TCS shares worth Rs 9,362 crore in block deal

Over the past year, TCS shares have gained nearly 33 per cent, slightly outperforming the Nifty50 index, which has risen 30 per cent

Tata Group stocks fall amid IPO uncertainty, m-cap plunged by Rs 27,385 cr

Tata Investment Corporation and Artson Engineering fell 5 per cent each

Will Tata Group shares halt their one-way rally? Check details here

Stocks to Watch on Monday, March 11: As per multiple news reports, Tata Sons is mulling restructuring its balance sheet to get an exemption from the RBI from getting listed on the stock exchanges

Tata Sons' net debt burden at eight-year low as cash reserves swell

This comes amid group's bet on semiconductor, EV battery biz