Page 21 - Tata Sons

Tata Sons surpasses Centre as the largest promoter of listed companies

At a time when Indian equity market rallied to record high levels, Tata Sons emerged as the largest promoter of listed companies in India

Top headlines: Tata largest listed cos promoter; Budget to boost investment

From what CEOs expect from Budget 2021 to Tata Sons overtaking govt as largest promoter of listed companies, here are the top headlines for the day

Tata Sons overtakes govt as largest promoter of listed companies

Tata Sons stake in the group's listed companies is now worth Rs 9.28 trillion, up 34.4 per cent on a year-on-year (YoY) basis

Govt won't disclose names of Air India bidders after DIPAM's rule change

Under earlier protocol, had to inform qualified bidders by Jan 5; alteration came into effect after Transaction Adviser EY said it did not want any deadline

Tatas spread wings in aviation, hike stake in AirAsia India to 84%

Malaysian parent planning to quit the joint venture fully

AirAsia to sell 32.67% of stake in its Indian operations to Tata Sons

The announcement comes two months after AirAsia shut its operations in Japan, citing highly challenging conditions amid the pandemic

Stress and trauma of Covid-19 hold big space for renewal: Tata Sons chief

Tells 700,000 Tata group staffers that pandemics have inspired progress in medicine, urban planning, architecture and countless other fields in the past.

Shapoorji Pallonji Group cites ex-facie breach in Cyrus Mistry ouster

The counsel appearing for SP Group firms told a Bench headed by Chief Justice S A Bobde about the importance of selecting the chairman of Tata Sons

Can NCLAT reinstate Cyrus Mistry as chairman of Tata Sons? Asks CJI

The NCLAT perhaps wanted Mistry to continue as chairman of Tata Sons, the CJI remarked

Tata Sons must seek NCLT nod for conversion to pvt firm: Mistry to SC

Mistry counsel Sundaram says such a move is necessary under provisions of the new Companies Act of 2013

Interups says it has Rs 13,500 cr ready for Air India, can invest billions

US based firm has $28 mn market cap, has already bid for several bankrupt firms in India such as Lavasa Corp, Asian Colour Coated Steel and Reliance Naval

Top headlines: Farmers' protest, Air India bid, BPCL valuation, and more

Here are the top headlines on Tuesday morning

With Air India bid, Tatas hope to give wings to their aviation dream

Over the past three decades, the group made unsuccessful attempts to get back into the commercial aviation business

Ratan Tata, not professional board, was running Tata Group: Mistry to SC

Mistry counsel Sundaram claims Ratan Tata was able to achieve this through the Tata Trusts-nominated directors on Tata Sons board

Tatas, US-based fund Interups among bidders for debt-laden Air India

The latter's bid is made in partnership with a group of airline employees

Tata Sons among multiple bidders to buy national carrier Air India

An official said transaction advisor will inform bidders before January 6, if their bids have been qualified

Tata Sons likely to submit bid for Air India before Monday deadline: Report

A successful bidder would win control of Air India's 4,400 domestic and 1,800 international landing and parking slots at domestic airports, as well as 900 slots at airports overseas

Cyrus Mistry family's 18.5% stake in Tata Sons worth Rs 94,000 crore

Based on current valuation ratio of listed holding companies, Tata Sons now valued at Rs 5.08 trn

Post-Covid world order holds limitless opportunity for India: Chandrasekaran

But for the country to be ready to participate, there is a need to establish regulatory standards on data and taxation in general, Tata Sons Chairman N Chandrasekaran said

Tatas reject Mistrys' settlement offer to divide Tata Sons' assets

Tata Sons' counsel, Harish Salve said the Mistrys are seeking division of assets including 18.4 per cent stake in Tata brand