Page 12 - Tata Sons

Tata plans to borrow Rs 15,000 crore for Air India's working capital

The money will be used to cover day-to-day air operations and losses, refurbish the fleet, pay aircraft rentals and overhaul IT operations, according to sources

Saurabh Agrawal takes over as Tata Power Renewable Energy's chairman

Three more directors including Eduard Ruijs, the Managing Director and Head of the London based BlackRock Global Infrastructure Fund team, also joined the board.

AI receives over 73,750 applications for cabin crew, pilots in 2 months

Air India, which has embarked on expansion plans, on Thursday said it has received more than 1,752 applications for pilots and 72,000 applications for cabin crew in the last two months. The loss-making carrier, taken over by Tata group in January this year, has also received more than 25,000 applications in a little over a week from management postgraduates with three years' experience in ground-based business roles. Also, the airline has received more than 2,000 applications for a new tech centre in Kerala for various positions, including developers, architects, cyber security professionals, programme managers and UX visual designers. The carrier, which had not recruited in non-operations areas for more than 15 years, is quickly adding talent in all spheres of its business, including for commercial functions, business support services and operations, according to a release. "The airline's aggressive expansion plan, which has already seen 17 long-grounded aircraft return to the ski

Running airline in JV a challenge, says Air India CEO Campbell Wilson

'Air India already has scale... we are not doing this from scratch. We are doing this from a running start', said Wilson

Tatas mull exit from UK steel business on lack of government support

Tata Sons is considering Tata Steel's exit from its UK operations because of the absence of support from the British government for transition to green energy

Copycat threat to goodwill, trademark of legacy brands increasing

Small businesses violate trademark laws with deceptively similar brand names which not only confuses consumers, but also leads to production of fake goods resulting in huge losses to corporates

'Upper layer' NBFC tag for Tata Sons calls for a new compliance policy

Tata Sons will have to appoint a new chief compliance officer (CCO)

Tata Sons to halve the number of listed companies from 29 to 15: Report

Under the current chairman N Chandrasekaran, Tata Sons has been taking steps to consolidate its business to improve its efficiency

Tata Sons to offer stakes in Vistara to Singapore Airlines: Report

After the merger of Vistara and Air India, AI will become India's largest airline behind IndiGo

Over-speeding to rear seat belts: New rules, fines for traffic violations

According to the NCRB report, in 2021, 155,000 people died in accidents on Indian roads. The number was up from 133,000 in 2020. Total accidents reported also rose to 403,000 in 2021, up from 354,000

Climate change as business: Crisis, opportunity and everything in between

As the world changes with changing realities, some businesses will suffer. But in any case India has an unplanned advantage: It has to destroy less of the old to make way for the new, writes T N Ninan

Tata Sons to raise $500 mn in offshore loan, backed by BofA, SMB

Tata Sons will raise $500 million in offshore borrowings, backed by Bank of America, SMBC of Japan and Standard Chartered Bank

Tata Sons to invest Rs 975 crore in Pune IT City Metro rail project

The Rs 7,420-crore, 23-km project is being financed through debt-to-equity of 1.8 times and the entire debt has been tied up, and the envisaged equity commitment is supported by Tata Sons

Tatas all set to monetise road, ropeway projects; to raise Rs 6K crore

Tata Realty to raise Rs 6,000 cr as fresh debt

Deepak Parekh, Anil Ambani among corporate leaders to pay tribute to Mistry

Family friend and NCP leader Supriya Sule joins hundreds of SP group employees and others at the funeral Tuesday morning. Reliance Jio chief Akash Ambani among mourners

Cyrus Mistry's death brings attention back to the Shapoorji Pallonji Group

In 2012, Mistry was appointed as the chairman of the Tata Group. His brother, Shapoor Mistry, was entrusted with the responsibilities of the SP Group

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Top Headlines: Unrealistic deadlines for EVs, Mistry's demise, and more

Cyrus Mistry, former chairman of Tata Sons and scion of the Shapoorji Pallonji group, died in a car accident near Mumbai on Sunday.

'He was destined for greatness': India Inc grieves Cyrus Mistry's death

Leads to an outpouring of grief and shock among his industry colleagues

Cyrus Mistry cared deeply about sustaining Tata group values: Mukund Rajan

Mukund Rajan, who worked closely with Cyrus Mistry, on Sunday said his former boss' death in a car accident is a huge loss for the corporate world. "He cared deeply about sustaining the values the (Tata) Group stood for, and set a great example of hard work and responsibility for every member of his team," Rajan, who was the brand custodian and member of the group executive council (GEC) under Mistry, told PTI. Rajan said Mistry, who donned the mantle of chairmanship at the age of 44 in 2012, was very young but slipped into the giant shoes of his predecessor Ratan Tata with felicity and grace. Mistry was described as an inspiring leader, and a kind and considerate human being by Rajan, who had worked under Ratan Tata. "His untimely demise is a huge loss for the corporate world, Rajan, who began an entrepreneurial journey after leaving the Tata group in 2018, said.