Tata Group

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Tanishq ad backlash strips India's veneer of pluralism, propped up by television, film programming of decades past
Lifestyle

Tanishq ad backlash strips India's veneer of pluralism, propped up by television, film programming of decades past

What exactly has the Tanishq controversy revealed that wasn’t already in practice in India?

DCGI approves commercial launch of Tata Group's low-cost COVID-19 test 'Feluda'
India

DCGI approves commercial launch of Tata Group's low-cost COVID-19 test 'Feluda'

This test uses an indigenously-developed, cutting-edge CRISPR technology for detecting the virus' genome sequence

Tata Group ties up with SCTIMST for commercial production of COVID-19 testing kits
Business

Tata Group ties up with SCTIMST for commercial production of COVID-19 testing kits

The Tata Group has entered into a partnership agreement with the Sree Chitra Tirunal Institute for Medical Sciences and Technology (SCTIMST), an institute of national importance, for commercial production of COVID-19 testing kits

India's most valuable companies likely to lose $25 bn of brand value as COVID-19 pandemic wreak havoc: Brand Finance report
Business

India's most valuable companies likely to lose $25 bn of brand value as COVID-19 pandemic wreak havoc: Brand Finance report

Brand Finance has assessed the impact of COVID-19 based on the effect of the outbreak on enterprise value, compared to what it was on 1 January 2020

Relief for Cyrus Mistry; SC agrees to hear plea on Pallonji Group’s representation on Tata Sons board
Business

Relief for Cyrus Mistry; SC agrees to hear plea on Pallonji Group’s representation on Tata Sons board

The plea seeks representation on Tata Group's board proportionate to 18.4 percent holding of Pallonji Group

Tata Group firms trim payments of top executives for first time in company's history as lockdowns hit business, revenue
Business

Tata Group firms trim payments of top executives for first time in company's history as lockdowns hit business, revenue

The compensation of CEOs and managing directors (MDs) of Tata Steel, Tata Motors, Tata Power, Trent, Tata International, Tata Capital and Voltas, among others, will be cut the report said citing company executives.

AGR dues: Govt is well aware of implications if relief not provided to telcos, says COAI
Business

AGR dues: Govt is well aware of implications if relief not provided to telcos, says COAI

Industry body COAI on Friday said the government is well aware of implications of leaving the stressed telecom sector without a relief package, as it urged policymakers to use "tools" available to find appropriate solutions expeditiously

Govt mulls up to Rs 12,000 cr rescue plan for aviation sector battered after coronavirus outbreak: Report
Business

Govt mulls up to Rs 12,000 cr rescue plan for aviation sector battered after coronavirus outbreak: Report

The Finance Ministry is considering a proposal that includes the temporary suspension of most taxes levied on the aviation sector, including a deferment of aviation fuel tax, said the sources, who have direct knowledge of the matter.

Rakesh Jhunjhunwala loses Rs 603 cr after Thursday’s market plunge erodes investor wealth of over Rs 11 lakh cr
Business

Rakesh Jhunjhunwala loses Rs 603 cr after Thursday’s market plunge erodes investor wealth of over Rs 11 lakh cr

Jhunjhunwala’s investment in Titan, based on the shareholding pattern in the company, stood at Rs 7,593 crore after the firm's profit rose 12.9 percent in the December quarter

'We are evaluating Air India', says Vistara chairman Bhaskar Bhat on national carrier's disinvestment
Business

'We are evaluating Air India', says Vistara chairman Bhaskar Bhat on national carrier's disinvestment

Vistara, a joint venture between India’s Tata Group and Singapore Airlines, is considering a bid for the government’s stake in state-run carrier Air India, Vistara’s chairman said on Monday, according to local media reports

Tata Motors, two group finance firms accused of antitrust violations in India; company denies allegations, to support enquiries
Business

Tata Motors, two group finance firms accused of antitrust violations in India; company denies allegations, to support enquiries

The latest complaint alleged Tata Motors broke rules by working in concert with Tata Motors Finance and Tata Capital Financial Services while advancing dealer credit.

Tata Group refuses to pay Rs 13,823 cr AGR dues; says already cleared Rs 2,197 cr based on self-assessed calculations
Business

Tata Group refuses to pay Rs 13,823 cr AGR dues; says already cleared Rs 2,197 cr based on self-assessed calculations

On 17 February, Tata Teleservices had paid Rs 2,197 crore to the government, while DoT's calculations pegs the outstanding amount at over Rs 14,000 crore after the Supreme Court coming down heavily on telecom firms.

Vistara plans to start in-flight broadband service by March-end; ties up with Tata group firm Nelco, Panasonic Avionics Corp
Business

Vistara plans to start in-flight broadband service by March-end; ties up with Tata group firm Nelco, Panasonic Avionics Corp

Tata group firm Nelco and Panasonic Avionics Corporation on Wednesday announced forging a partnership for offering in-flight broadband service in Indian skies, starting with Vistara airlines

AGR dues: Vodafone Idea says will 'immediately' pay Rs 2,500 cr to DoT; Tata Teleservices makes Rs 2,197 cr payment
Business

AGR dues: Vodafone Idea says will 'immediately' pay Rs 2,500 cr to DoT; Tata Teleservices makes Rs 2,197 cr payment

Vodafone Idea Ltd (VIL) has said its board has authorised the company to immediately pay Rs 2,500 crore, a portion of its statutory dues, to the telecom department on Monday

Cyrus Mistry files appeal in Supreme Court; says his family deserved more relief from NCLAT
Business

Cyrus Mistry files appeal in Supreme Court; says his family deserved more relief from NCLAT

Less than a month after the Supreme Court stayed an order reinstating him as Tata Sons chairman, Cyrus Mistry has moved the apex court seeking removal of many anomalies in the NCLAT order, saying his family deserved more relief from the tribunal

Srinath Narasimhan appointed as Tata Trusts chief executive; former Citi CEO Pramit Jhaveri to be Trustee of Sir Dorabji Tata Trust
Business

Srinath Narasimhan appointed as Tata Trusts chief executive; former Citi CEO Pramit Jhaveri to be Trustee of Sir Dorabji Tata Trust

Currently, Narasimhan is the managing director of Tata Teleservices Ltd and Tata Teleservices (Maharashtra) Ltd, Tata Trusts said in a statement.

TGBL renamed Tata Consumer Products; to spearhead FMCG ambitions of $113 bn Tata Group
Business

TGBL renamed Tata Consumer Products; to spearhead FMCG ambitions of $113 bn Tata Group

Two Tata group firms — Tata Global Beverages Limited (TGBL) and Tata Chemicals Limited (TCL) on Monday announced that the scheme of arrangement between them regarding the Consumer Products Business of TCL is now "operational" effective from 7 February, 2020

Air India stake sale: Tata Sons chief N Chandrasekaran say it's too early to take a call on bid for national airline
Business

Air India stake sale: Tata Sons chief N Chandrasekaran say it's too early to take a call on bid for national airline

The Central government last month issued a preliminary information memorandum (PIM), initiating the process to divest its entire stake in Air India

Tata Group likely to bid for Air India in partnership with Singapore Airlines; eyes merger of Air India Express, Air Asia India
Business

Tata Group likely to bid for Air India in partnership with Singapore Airlines; eyes merger of Air India Express, Air Asia India

While Air India's net loss in 2018-19 was around Rs 8,556 crore, its current total debt is around Rs 80,000 crore.