Page 5 - Tata Sons

Tata Sons, Trusts to set up a new Trust for long term care of AI victims

Chairman N Chandrasekaran told Tata Sons' board that a dedicated trust will be created with Tata Trusts to provide long-term support to victims' families

Tata Sons, Singapore Airlines invested ₹9,558 crore in Air India in FY25

Tata Sons and Singapore Airlines invested Rs 9,558 crore in loss-making Air India in 2024-25, with the promoters pumping in Rs 4,306 crore alone in March this year. The airline, being piloted by Tatas since January 2022, has embarked on an ambitious five-year transformation plan. In November 2024, Vistara -- a joint venture between Tatas and Singapore Airlines -- was merged with Air India, following which the Singaporean carrier acquired a 25.1 per cent stake in Air India. In response to queries about fundraising, an Air India spokesperson told PTI on Wednesday that its shareholders have together infused fresh capital of more than Rs 9,500 crore in 2024-25 to meet the airline's capital expenditure requirements. Tata Sons invested Rs 3,224.82 crore, and Singapore Airlines put in Rs 6,333.18 crore in Air India, taking the total fund infusion to Rs 9,558 crore in the financial year ended March 2025. "Pursuant to the merger of Vistara with Air India in November 2024, the shareholders h

Tata to create a new trust to help Air India crash victims: Chandrasekaran

"We are looking at the option to set up an AI171 trust to help the families," Chandrasekaran, who first heard about the crash in his Mumbai office, said

Tata Sons dividend income may have slipped in FY25 for first time in 9 yrs

Tata Sons reported standalone operating income of Rs 43,767 crore in FY24 up 25.3 per cent from Rs 34,917 crore a year ago

Tata Capital likely to get Sebi approval for nearly $2-billion IPO

Tata Capital may soon get Sebi clearance for a $2 bn IPO, aiming for a listing before the September 2025 deadline for upper-layer NBFCs under RBI rules

Tata to pump in ₹30,000 crore for new ventures, new digital CEO on cards

Tata Sons to infuse ₹30,000 crore into digital, electronics, Air India, and defence units, funding to come through equity infusion

Tata Sons board accepts internal panel report on company secretary

Tata Sons board clears Suprakash Mukhopadhyay of wilful breach or personal gain in code of conduct case, reviews FY25 results and Tata Capital IPO plans

Tata Sons board to review financial results, Tata Capital IPO plans

Tata Sons board to assess FY25 financials, Tata Capital IPO, group firm performance, and dividend payout crucial to funding Tata Trusts' philanthropic goals

Tata Digital CEO Tahilyani resigns after a year, joins Prudential

Tahilyani, who joined Tata Digital in February 2024, exits after restructuring leadership and growing the firm's financial offerings including a booming credit card base

Tata group telecom services provider share zooms 28% in 2 days; here's why

Tata Sons Ltd, the holding company of the Tata Group, may be forced to infuse fresh capital into its loss-making telecom arm, Tata Teleservices.

Tata Sons may infuse capital into Tata Tele as AGR dues cross Rs 19,000 cr

Tata Teleservices faces dues of Rs 19,256 crore amid heavy losses and negative net worth; Tata Sons may extend support as SC dismisses telcos' AGR relief plea

Tata Sons Chairman meets UP CM, discusses investment, industrial growth

Tata Sons Chairman N Chandrasekaran on Wednesday paid a courtesy visit to Uttar Pradesh Chief Minister Yogi Adityanath in Lucknow on Wednesday, according to an official statement. The meeting centred around industrial development, investment promotion, and future strategies for the state, with detailed discussions on positioning UP as an ideal destination for domestic and international investors, as per the government statement. A key focus was the progress of the proposed "Temple Architecture Museum" project in Ayodhya, envisioned to preserve the state's religious and cultural heritage while significantly boosting tourism, it stated. "The discussion also covered the Jewar Airport project, which is expected to bring transformative economic and commercial growth to Uttar Pradesh. Additionally, talks were held regarding the potential establishment of an MRO (Maintenance, Repair, and Overhauling) facility for Air India, which would enhance the state's aviation services sector and ...

IPO-bound Tata Capital's impairment surges 310% to Rs 3,072 crore

Despite strong revenue growth, Tata Capital's FY25 standalone profit rose just 4% as impairment on financial instruments jumped over fourfold amid rising NPAs

Trust and transparency: Uncertainty for Tata Sons as listing deadline nears

It all started with RBI classifying Tata Sons as an upper layer non-banking financial company (NBFC) in September 2022, implying that it would be required to list on stock exchange within three years

Tata inks $990.79 million loan to fund Britain's biggest battery plant

The deal is among the three largest foreign currency loans for an Indian company this year

Tata Sons to utilise hefty TCS dividend to invest in new businesses

Tata Sons invested ₹3,000 cr in Tata Capital, Tata Projects rights issue in FY 2025

Tata Capital files for confidential IPO with Sebi, eyes ₹15,000 cr listing

Tata Capital's board approved the IPO, comprising a fresh issue of up to 230 million shares along with an offer for sale by existing shareholders

Leo Puri steps down from Tata Sons board, weeks after exiting HUL

Leo Puri's exit from HUL was due to an increase in his board commitments, which included his proposed appointment on the board of a global entity

Tata Projects eyes Rs 2,500 cr via rights issue at Rs 6,700 cr valuation

According to a company filing, the rights issue is priced at Rs 163.1 per share, which includes a premium of Rs 158.1

Tata Capital raises Rs 1,500 crore from Tata Sons, IFC via rights issue

The company will use the proceeds for further lending and to improve its leverage ratios