Tata Sons

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Watch | How Ratan Tata celebrated his 84th birthday, see viral video here
India

Watch | How Ratan Tata celebrated his 84th birthday, see viral video here

The clip was initially shared by Vaibhav Bhoir, Business Development Manager at Tata Motor Finance, on his LinkedIn account

Air India deal: Centre signs share purchase agreement with Tata Sons for Rs 18,000 cr
India

Air India deal: Centre signs share purchase agreement with Tata Sons for Rs 18,000 cr

The government is divesting its 100 percent ownership of Air India and Air India Express along with its 50 percent stake in ground-handling company AISATS

Air India is gone. Let’s talk about the little airline govt is still holding onto
Business

Air India is gone. Let’s talk about the little airline govt is still holding onto

The airline will now be on its own and will see its own PSS (Passenger Service System), website and more. The change will have to be communicated to the market and would mean additional expenditure.

Tata Sons wins bid for Air India, Civil Aviation Minister Jyotiraditya Scindia calls it
India

Tata Sons wins bid for Air India, Civil Aviation Minister Jyotiraditya Scindia calls it "a new dawn" for airline

Along with 100 percent stake in Air India, as well as its low-cost arm, Air India Express, Tata Group will have a 50 percent stake in the carrier's SATS Airport Services Private Limited

Air India returns to the Tatas; conglomerate bids Rs 18,000 crore for 100% shares
India

Air India returns to the Tatas; conglomerate bids Rs 18,000 crore for 100% shares

The Department of Investment and Public Asset Management (DIPAM) secretary said Tatas' bid of Rs 18,000 crore comprises taking over of Rs 15,300 crore of debt and paying the rest in cash

Received financial bids for Air India disinvestment, says Centre; Tatas among suitors
Business

Received financial bids for Air India disinvestment, says Centre; Tatas among suitors

The stake sale process, which begun on January 2020, faced delays due to the COVID-19 pandemic

Vinod Kannan to take the lead as new CEO of Vistara; Leslie Thng to join senior rank in Singapore Airlines
Business

Vinod Kannan to take the lead as new CEO of Vistara; Leslie Thng to join senior rank in Singapore Airlines

Vistara is a 51:49 joint venture airline between Tata Sons and Singapore Airlines. Vinod Kannan is set to take over as Vistara's CEO from 1 January, 2022

How Jamsetji Tata crafted an unmatched legacy in the 20th century by giving away $102.4 bn to charity
India

How Jamsetji Tata crafted an unmatched legacy in the 20th century by giving away $102.4 bn to charity

Jamsetji Tata news: The total donations made by the Tata group founder were more than the GDPs of Kenya, Ethiopia, Sri Lanka or Luxembourg, whose GDP is much lower than $100 billion

Tata Digital to acquire majority stake in digital pharma company 1MG
Business

Tata Digital to acquire majority stake in digital pharma company 1MG

The investment in 1MG strengthens Tata's ability to provide high quality healthcare products and services in e-pharmacy and e-diagnostics space through a technology-led platform, said CEO of Tata Digital

SC sets aside NCLAT order restoring Cyrus Mistry as Tata Group’s executive chairman
India

SC sets aside NCLAT order restoring Cyrus Mistry as Tata Group’s executive chairman

Mistry had succeeded Ratan Tata as chairman of Tata Sons in 2012 but was ousted four years later

Supreme Court to deliver verdict in Tata Sons-Cyrus Mistry case today
Business

Supreme Court to deliver verdict in Tata Sons-Cyrus Mistry case today

Cross appeals were filed by Tata Sons and Cyrus Investments against the NCLAT order which had restored Mistry as the executive chairman of the Tata group

Happy birthday Ratan Tata: As Chairman Emeritus of Tata Sons’ turns 83, wishes pour in on Twitter
India

Happy birthday Ratan Tata: As Chairman Emeritus of Tata Sons’ turns 83, wishes pour in on Twitter

Union minister Ramesh Pokhriyal Nishank wished the veteran businessman stating that Prime Minister Narendra Modi recently praised the Tata Group for playing an important role in India's development.

Tata Sons vs Cyrus Mistry: CJI SA Bobde discloses his son appears for Shapoorji Pallonji Group firm
Business

Tata Sons vs Cyrus Mistry: CJI SA Bobde discloses his son appears for Shapoorji Pallonji Group firm

However, the lawyers appearing in the case on behalf of both the parties expressed that they had no objection to a CJI-led bench hearing the case

Nearly seven decades after exit, Tata Group seeks to board Air India yet again
Business

Nearly seven decades after exit, Tata Group seeks to board Air India yet again

Today is the last day for submission of Expression of Interest for Air India. The Tata Group is currently operating two airlines: the full service carrier Vistara and AirAsia India

Fresh twist in Tata-Mistry tussle: Hours after SC orders status quo on shares, SP group says 'time to separate'
Business

Fresh twist in Tata-Mistry tussle: Hours after SC orders status quo on shares, SP group says 'time to separate'

This development comes just hours after the Supreme Court restrained till 28 October the SP group and Cyrus Mistry from pledging or transferring their shares in Tata Sons Pvt Ltd

Silver Lake invests an additional Rs 4,546-cr in Jio Platforms, raises stake in Reliance Industries' digital arm to 2.08 percent
Business

Silver Lake invests an additional Rs 4,546-cr in Jio Platforms, raises stake in Reliance Industries' digital arm to 2.08 percent

The deal adds to a pile of funds raised by Jio in recent months and comes close on the heels of Abu Dhabi sovereign fund Mubadala Investment Company injecting Rs 9,093.6 crore on 4 June.

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

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

Jio Platforms attracting funds from Facebook, Silver Lake, Vista Equity, highlight Mukesh Ambani's digital-era venture capitalist avatar
Business

Jio Platforms attracting funds from Facebook, Silver Lake, Vista Equity, highlight Mukesh Ambani's digital-era venture capitalist avatar

In the new normal for Reliance Industries Limited, investors in Jio Platforms like Silver Lake and Vista Equity are more like knowledge and network partners.

Tata's IHCL opens up hotels to medical professionals; 7 establishments across Noida, Mumbai, Goa, Agra to offer rooms
India

Tata's IHCL opens up hotels to medical professionals; 7 establishments across Noida, Mumbai, Goa, Agra to offer rooms

Days after Ratan Tata and Tata Sons announced Rs 1,500 crore contribution for the fight against coronavirus, the group has now opened its hotels for medical staff treating Covid-19 patients.