Page 24 - Tata Sons

Mistry family in talks with investors to raise Rs 4K cr, aims to cut debt

Funds being raised via debt, sale of part stake in Sterling and Wilson Solar

Covid-19 crisis: Ratan Tata says layoffs show India Inc's lack of empathy

While Tata Group has not laid off any employee, several Indian companies have retrenched staff due to lack of cash flow after the nationwide lockdown

Layoffs during pandemic shows India Inc's lack of empathy: Ratan Tata

Several Tata Group companies, including its airlines, hotels, financial services, and auto business, are severely hit, but have not laid off employees to date

Cheer in Covid times

Here's the backstory of Biocon's Alzumab which has been approved by the CDSCO for the treatment of Covid-19 in India

Tata Sons plans to infuse more funds into Covid-hit group entities

According to a person in the know, group firms affected the most were the airline, hotel, housing, and financial services verticals.

Responding to the consumer: When and how firms should react to criticism

Smart corporations don't just launch new products, they even tweak entrenched ones when need arises

For AirAsia's Tony Fernandes, business in India makes little sense now

With cash shortage and plans going awry, the AirAsia owner is looking to cash out of the venture he built with Ratan Tata in 2013

Commercial ambition sole motive of Mistry, Tata tells Supreme Court

Grievance is only about his removal as chairman: Tata

Tata Sons a 2-group firm, quasi-partnership between 2 groups: Mistry family

In its petition to the Supreme Court, Tata Sons has claimed there is no formal or informal agreement like quasi-partnership exists between the two groups, and Tata Sons is not a two-group company.

Not a two-group company, no links with Cyrus Investments: Tata Sons to SC

The apex court had on January 10 granted relief to Tata group by staying the NCLAT order of December 18 last year, by which Cyrus Mistry was restored as the executive chairman

Top headlines: Tatas in talks for AirAsia stake, google tax collection dips

From govt calling off merger of three public general insurers to technology players in fray for railway signalling tender, here are top headlines of the day.

Tata Sons in talks to acquire AirAsia India stake at a steep discount

The Tata group is likely to tie up with other financial investors to acquire its Malaysian partner's 49 per cent stake in AirAsia India, said banking sources.

Tata Power to raise Rs 2,600 crore from Tata Sons via preferential issue

Tata Power board approves setting up of renewables InvIT

Be strategic rather than opportunistic

The "long game" should be the new face of business strategy

I-T tribunal stays tax demand against Tata Education and Development Trust

The Rs 100-crore tax demand on Tata Education and Development Trust was raised last year by the I-T department owing to cancellation of registration on past exempted income.

My stand on Tata legacy hotspots is vindicated: Cyrus Mistry to SC

In his affidavit filed in the Supreme Court, Mistry gave details on businesses which, he claimed, had failed due to wrong business calls made by Mistry's predecessor, Ratan Tata.

Tata trustees' conduct violated rules of insider trading, says Cyrus Mistry

Mistry further said that it is the time the trustees are held accountable

Allowing 75% of TCS staff to WFH by 2025 a guesstimate: N Chandrasekaran

The firm said it was rewiring its security processes, and deploying artificial intelligence and bots to ensure there is no data leakage in its pursuit for providing seamless work from home experience.

Top headlines: Fitch predicts growth at 9.5% in FY22, AGR hearing, and more

From S&P retaining India's sovereign rating and outlook, SC relief to Amrapali homebuyers to HUL's crorepati club shrinking, here are top news of the day

Tata Sons may dip into overseas debt markets to meet fund requirements

The size of the international fund offering has not been decided as yet and it is one of the options on the table, said a banker close to the development