Page 17 - Tata Sons

Air India sale: Modi govt's first privatisation in 7 years; what next?

With the successful sale of Air India to the Tata group, Prime Minister Narendra Modi's government has restarted the long-stalled privatisation programme. Can it do a Vajpayee? Watch this report.

Tata group may need to invest $1 billion to upgrade Air India fleet

The government is expected to issue a letter of intent (LoI) to Tata Sons next week, following which the share purchase agreement will be formalised

Air India employee unions pledge support to Tata Sons, but concerns persist

Mood upbeat among AI employees over disinvestment but concerns persist over arrears, salary cuts, medical benefits

Top headlines: Tatas back in the Air India cockpit, TCS PAT rises 14% in Q2

Along with the brand and the slots of the debt-ridden state-owned airline, the Tatas will get the low-cost subsidiary Air India Express and a 50 per cent stake in ground handling firm AISATS.

Tatas have liberty to refer new balance sheet to CAG-approved CA: TK Pandey

DIPAM Secretary says rescue missions such as Vande Bharat are on a cost recovery basis. Air India One has been transferred to the Indian Air Force. This will also be on a cost recovery basis

Air India returns to Tatas after group puts in winning bid of Rs 18,000 cr

Airline will return to Tatas after 68 years; first privatisation move in two decades

Tata Sons wins bid: Air India may see turnaround as debt eases by 75%

Air India reported an operating profit of Rs 1,787 crore in FY20 on a consolidated basis but reported a net loss of Rs 7427 crore due to interest and depreciation costs

Tata Sons makes winning bid of Rs 18,000 cr for Air India: Govt

The bid got approved by a group of ministers headed by Home Minister Amit Shah on October 4, said DIPAM Secretary

Amit Shah-led ministerial panel to soon approve Air India sale

Clarification comes amid reports that Tata Sons may have won the bid

Tata Sons winner of Air India bid? Govt says no decision taken as yet

DIPAM Secretary, in a tweet, said the government has so far not approved the financial bids for Air India

The Morning Show - Ep 6: SP Group crown jewel, Quad summit, and Evergrande

Will the Mistrys succeed in selling their crown jewel? How does Nilesh Shah see Evergrande crisis affecting India markets? What should PM Modi expect from Quad? Listen this podcast to get the answers

Ratan Tata, Chandrasekaran deny reports of leadership changes at Tata Sons

Both Tata and Chandrasekaran were reacting to media reports that a new CEO position will be created in Tata Sons to oversee the group's business

Top headlines: Chairman rules out Tata Sons' revamp; telcos get govt relief

Business Standard brings you the top headlines from today

Financial bids received for Air India disinvestment; Tatas among suitors

Financial bids for Air India disinvestment received by Transaction Adviser. Process now moves to concluding stage, says DIPAM Secretary

Shareholders of Tata Sons clear proposal to raise Rs 40K cr as fresh debt

The nod comes at a time when the group has ambitious plans to enter the e-commerce business

Tata Sons reportedly considering creating CEO role in board revamp

Under the plan being proposed, the CEO will guide the sprawling businesses of the 153-year-old Tata empire, while the chairman will oversee the chief executive on behalf of shareholders, say sources

Top headlines: Tata Sons AGM today, GST Council meet on Friday

Business Standard brings the top headlines of the day

Tata Sons AGM: Shareholders to vote on raising fresh debt up to Rs 40k cr

The shareholders will vote on raising fresh debt when group has made ambitious plans to make big splash in e-commerce and buying Air India from central govt

Top headlines: Small firms on I-T radar, race for steel supremacy, and more

Business Standard brings you the top headlines at this hour

Tata Sons' insurance, auto subsidiaries defy Covid-19 pandemic blues

Telecom, airline businesses continue to remain a drag for holding company