The resolutions to renew the directorship of Ajay Piramal and Venu Srinvasan were also cleared by the shareholders
Firm reports Rs 19,638 crore liability towards AGR dues of Tata Teleservices, makes provisions of Rs 1,148 crore for AGR and is expected to make additional provisions in the years ahead
Tata Sons will likely have to write off Rs 2,600 crore in form of accumulated losses for AirAsia India, which Tata Group-owned Air India has proposed to fully acquire
Tata Teleservices, one of the first to start wireless telephony services in India, becomes cash burner for group
At a time when growth in bank credit is outstripping that of deposits, several lenders, including the country's largest bank, State Bank of India (SBI), have raised deposit rates ahead of the festival
The chairman of the committee will be selected by the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust from amongst the nominees nominated by the Trusts
Ratan Tata was the last person to chair both the companies, Tata Sons and Tata Trusts, after JRD Tata. He is deliberating on the issue to ensure that the interests of both companies are protected
While the govt has secured a big win by privatising Air India, it is still far from its initial goal of privatising majority of PSUs
Banerjjee brings to Rezolve more than 22 years of experience in senior roles
It has risen to 80% in February-June period, compared with 60%; but market share is lower than in January
According to company officials, its been 10-days since Sauvik Banerjjee has moved out of his role
The appointment of Wilson as the Chief Executive Officer and Managing Director of Air India was announced by Tata Sons on May 12.
'The UK business has come a long way. Today, it is Ebitda positive and cash positive'
CBI case prompts the authorities to bar low-cost airline from proceeding on bids it won for regional air connectivity project
BigBasket expects GMV to grow 30% to Rs 13,000 cr in FY23 with quick commerce push; will scale up offline stores from 90 to 695 in a year, will double footprint to 70 cities
The World Bank last month cut India's economic growth forecast for the current fiscal to 7.5 per cent owing to rising inflation, supply chain disruptions and geopolitical tensions
Unit has been designed to make two rocket engines a week
Tata Sons, which took over the loss-making airline on January 27 this year, announced the appointment of Wilson on May 12
Inks partnership with Tata Motors and Tejas Networks, plans innovation centre with TCS
Company turned around in FY22 after the Covid pandemic hit its core real estate operations in FY21; experts say Pallonji Mistry's sons now lead the businesses