Page 6 - Tata

Tata Consumer to strengthen distribution in smaller towns for growth: CEO

"Over a period of time, volume has come back. It is broadly in the ballpark. From a volume perspective, Q4 was slightly tough," says D'Souza

Tesla inks semiconductor deal with Tata electronics for global operations

This agreement comes amid Elon Musk-led Tesla's eagerness to penetrate Indian market, and his scheduled visit to the country this month

SpaceX rocket deploys Tata's indigenous military-grade satellite into orbit

Named TSAT-1A and manufactured at the Vemagal facility in Karnataka, the satellite was part of SpaceX's payload aboard the Bandwagon-1 mission

Tata Mutual Fund launches six sectoral and thematic index funds

Schemes are based on infra, manufacturing, health care, realty sectors and themes, among others

Apple pivots to housing for Indian factory workers. Plans 78,000 homes

'The massive employee housing initiative aims to enhance efficiency and provide security, particularly for migrant women employees,' said an official

Tata Cummins starts new facility for hydrogen-based engines in Jamshedpur

Apart from the engines, the factory will also manufacture low to zero-emission technology products

Tata Sons to sell up to 23.4 mn TCS shares in a deal worth $1.13 bn

Tata Consultancy Services' stock price closed at Rs 4,152.50 today, it is up 1% on one month and has gone up by 14.92% in six months

PV or CV at TN plant? Tata Motors will take a call based on market trend

Tata Motors and the Tamil Nadu government signed a memorandum of understanding on Wednesday to set up a manufacturing unit in Ranipet near Vellore with an investment of Rs 9,000 crore

Tata Electronics bets big on Singapore-based semiconductor co Silicon Box

Silicon Box specialises in chiplet technology which is considered an advance over traditional chip making

Tata's chip plants to serve all sectors, generate 72k jobs: Chandrasekaran

Tata Electronics plants will gradually serve all sectors in a phased manner by supplying chips and generate around 72,000 jobs over the years, Tata Sons Chairman N Chandrasekaran said here. While speaking on the sidelines of the groundbreaking ceremony of Tata Electronics' Rs 91,000 crore chip manufacturing plant and Rs 27,000 crore chip assembly facility in Assam, Chandrasekaran said there will be the expansion of projects but only after the company cross the early milestones. He said Tata Electronics chips will cater to the requirements of various sectors, including automotive, power, electronics, consumer, and medical, among others. "There is a whole range of sectors, which have a need for chips in this sector. Obviously, we can't produce all form factors on Day 1. It will happen in stages, but we will be serving all sectors," Chandrasekaran said. Tata's chip plant is capable of producing wafers in 28 nanometers (nm) to 110 nanometer nodes, the chairman noted. High-tech gadget

Rs 2.5 trn smart metering play has Adani, Tatas walking different paths

Installation of 25 crore meters is estimated to offer Rs 2.5 trillion revenue opportunity

Tata group considering spinoff of battery business Agratas Energy Storage

A listing may value Agratas at $5 billion to $10 billion depending on its growth and market sentiment, they said. A representative for Tata declined to comment

Premium and luxury segments becoming more prominent in India: Titan CFO

Sonthalia says that the company is aiming for margin optimisation through cost control and growth through international expansion and product diversification

CCI clears Tata Electronics acquisition of Wistron's iPhone assembly plant

The Competition Commission of India (CCI) on Tuesday said it has cleared Tata Electronics' proposed acquisition of Taiwan-based Wistron's operations in India. Wistron Infocomm Manufacturing (India) operates an iPhone assembly plant near Bengaluru. In October last year, Wistron Group announced it has agreed to sell a plant in Bengaluru to the Tata Group. According to an update on the CCI's website on Tuesday, the regulator has cleared the deal between Tata Electronics and Wistron. Tata Electronics proposes to acquire 100 per cent of the Wistron Infocomm Manufacturing (India) equity share capital from SMS Infocomm (Singapore) Pvt Ltd (SMS Infocomm) and Wistron Hong Kong Ltd (Wistron HK), as per a notice submitted to the regulator. SMS Infocomm and Wistron HK owned 99.99 per cent while 0.01 per cent of the Wistron Infocomm Manufacturing (India) share capital on a fully diluted basis, respectively. Wistron InfoComm Manufacturing (India) was incorporated in 2017 by the Wistron group.

Tata Elxsi Q3 net profit rises 6% to Rs 206 cr on transportation segment

The company's net profit rose to 2.06 billion rupees ($24.78 million) for the quarter ended Dec. 31 from 1.95 billion rupees a year ago

Beyond the 'chameleon' strategy

Drawing on his four decades of experience across sectors, Harit Nagpal's book offers actionable nuggets for anyone who worries about becoming obsolete as things change and they struggle to keep pace

Tata's fab investment to be big, will move for Cabinet approval soon: Govt

The Tata Group's investment for the fab manufacturing in Gujarat will be "very big" and a Cabinet note seeking approvals for the project will be moved "very soon", Union Minister for Electronics and Information Technology Ashwini Vaishnaw said on Thursday. Speaking at the biennial Vibrant Gujarat Global Summit here, Vaishnaw said the Tatas' proposed investment is important because it will be serving a wider spectrum of opportunities, right from fab to OSAT (Outsourced Semiconductor Assembly and Test). Vaishnaw said the fab proposed in Dhooera will be a semiconductor chips manufacturing factory, which will be a "very big investment". "Already there is a lot of good progress on it. Very soon, we will take it to the Cabinet and construction will begin after that," Vaishnaw told reporters. The Union Cabinet will have to grant approval for the project, he added. The Union minister also said the Tata Group will tie up with a technical partner to set up the project, but declined to share

TN global investors meet: Tata Electronics, JSW, TVS unveil mega plans

Hyundai, Pegatron, First Solar also queue up

Airbus supply, support services by Tata to draw 5% GST, rules AAR

Tata Advanced Systems approached the AAR to know if GST is applicable on the supply of the aircraft

Temasek plan to sell stake in Tata Play delayed over firm's valuation

Tata Sons is offering a lower valuation than $1 billion made for Tata Play