The disruptive innovator is not the typical Tata exec.
A slow starter, the telecom company is way behind its peers and needs to scale up fast to become a profitable operation.
Corporate giant Tatas on Tuesday asked the government to seek surrender of excess spectrum lying with GSM operators, a line being aggressively pursued by Reliance Communications chief Anil Ambani. With this, the top two CDMA players have joined forces against GSM operators like Bharti and Vodafone to seek return of spectrum beyond the contractual amount of 6.2 Mhz.
The service - Photon TV - is available to the Tata Photon plus users across 22 states, Anil Sardana, Tata Teleservices Managing Director, told reporters here.
The attack reflects the open schism in the association, in which TTSL is a new member with other Unified Access Service Licence holders such as Loop Telecom , Etilasat DB, Uninor and STel. The older, established, operators are represented by Bharti, Vodafone Essar and Idea Cellular.
Tata Power is looking forward to drawing big advantage from Cyrus Mistry taking over as the $100-billion conglomerate's new chief, as he began Tata journey with this company and can relate to the business very well.
Anil Sardana, managing director of India's largest private power producer, says though the tariff freeze by some states is causing tremendous stress, the company will go ahead with the expansion of the Mundra project.
Tata Teleservices has accused Trai of favouring the GSM players in spectrum allocation.
Tata Teleservices on Saturday said it would invest $2 billion (over Rs 8,000 crore) in rolling out GSM-based mobile services in the country.
"We will start our GSM services soon. We have got spectrum in 13 circles in one or two months. We expect to get spectrum in all the circles barring one or two," TTSL managing director Anil Sardana said. RCom has launched GSM services in 11,000 towns, which would be extended to 22,000 towns in the next few months.
Earlier in February, Reliance Energy had announced that it would establish a mega project at Dadri, near Delhi.
Surprised at slow progress made over land allotment in Delhi, Tata Power has initiated talks with Haryana and Uttar Pradesh governments for establishing a 1000 MW power plant with a minimum investment of around Rs 4000 crore
Refuting Tat's charges about Welspun buy, Mistry said to even suggest that the Tata Sons board including the nominee directors of the Tata Trusts had not been adequately informed is contrary to the factual record
Santosh Kamath, partner (infrastructure and government services), KPMG in India, expects an extension of a tax holiday for the sector.
In the domestic market, the Tata Group has lost ground in the passenger car business.
Instead of condemning all businessmen, the PM may like to listen to some of them.
This is largely on the back of Tata Steel's expansion at Kalinganagar, as well as JLR's in China and Brazil