Tata Power is evaluating opportunities to make another overseas acquisition of a coal mine. A senior company management executive said the company was planning to zero in on smaller mines. Prasad Menon, managing director, Tata Power, said: "We are evaluating various opportunities."
Khusrokhan has been with Tata Chemicals as its executive director. Prior to which, he was managing director at Tata Tea from 2001-04.
Residents of Mumbai who have never faced load-shedding will have to gear themselves to contend with power cuts this summer, though not as severe as the ones in other parts of Maharashtra.
Paving the way for launch of its flights, Tata-Singapore Airlines joint venture airline Vistara was on Monday granted flying permit by aviation regulator DGCA, almost nine months after it applied for the licence.
Early Cricket Club chairman Gary Shacklady, himself a vegan, realised that many of the meals, especially at away grounds, were inaccessible to many of the players. This included the team's Hindu and Muslim players, who do not eat beef and pork for religious reasons.
With the FIPB giving approval to the Tata-Singapore Airlines joint venture to start a full-service carrier, Tata Group Chairman Emeritus Ratan Tata on Friday met Commerce and Industry Minister Anand Sharma.
A day after FIPB cleared the Tata-Singapore Airlines' (SIA) airline venture, Tata group Chairman Emeritus Ratan Tata and SIA chief Goh Choon Phong on Friday met Civil Aviation Minister Ajit Singh exuding confidence of launching flights by May-June next year.
Tata-SIA have applied to the Civil Aviation Ministry for a no-objection certificate to start a full-service airline in India.
Vistara's growth and future funding requirement would hinge on how soon the government changes these rules.
Singapore Airline along with its Indian JV partner have got clearance from the aviation ministry.
The first Airbus A-320 aircraft of Tata-SIA joint venture Vistara airline, painted with its logo and livery, landed at the IGI Airport in New Delhi on Wednesday, taking the carrier a step closer to its launch.
While four of the directors would be nominated by Tata Sons, the other two would be representatives of Singapore Airlines.
As per information available with the Corporate Affairs Ministry, the new company was incorporated on November 5 with a total paid up capital of Rs 500,000 and has been registered in New Delhi.
Tata's Vistara has a very strong core team to look into daily operations.
Singapore Airlines first approached the Tatas, its old choice for a venture in India, and was aware of AirAsia negotiations.
The full-service airline has faced multiple challenges in its run.
While study was done before the current boardroom battle began, the findings indicate Tata is no longer viewed as aspirational brand by working professionals.
The inaugural flight took off in the presence of Minister of State for Civil Aviation, Mahesh Sharma, along with a number of other people.
Tata Sons and Singapore Airlines (SIA), which recently received a no-objection certificate from the ministry of civil aviation to start a full-service airline (Tata-SIA Airlines), are in the process of securing an import licence for 20 Airbus A320 aircraft.
AirAsia says deal not violative of shareholder agreement.