Tata Sons, holding company for the Tata group, is working on building a centralised rural business platform that could be leveraged for the entire group's benefit, instead of each company looking at it separately.
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The proposal of Tatas and Singapore Airlines for a new joint venture, entailing foreign investment of $49 million, is likely to come up before the Foreign Investment Promotion Board for approval on October 18.
Tata Motors is India's largest automobile company, with consolidated revenues of Rs 1,65,654 crore (Rs 1.65 trillion)
When 'humiliated' Tata did 'favour' to Ford with JLR buyout!
The company has also been exploring the possibility of opening a factory in Mexico.
Sales of commercial vehicles declined 24.51 per cent in June to 31,384 units from 41,577 units a year ago.
US-based coffee giant Starbucks on Thursday said it is moving forward with the memorandum of understanding (MoU) signed with Tata Coffee and hopes to make an announcement soon even as the government has notified 100 per cent FDI in single brand retail.
The recent equity market weakness has sobered up investor mood, but the coming festive season is keeping analysts upbeat on stocks related to the consumption basket. Among the lot, fast-moving consumer goods (FMCG), retail, and consumer electronics segments are expected to do well over the next few months, and investors should thus selectively take bets in these pockets, analysts suggest. "We expect good volume growth for the FMCG sector during the festive season with some improvement in rural demand.
Giants like Pepsi and Coke are fast losing shelf-space to healthier, functional options.
Titan Industries, the country's leading watch manufacturer, is leveraging the existing distribution network of the Tata Group companies to penetrate the rural markets to mark its presence in the low-cost watches under the Sonata brand.
Not wanting to alienate other suitors including Mahindras, Ford may wait till the new year to announce the winner for its Jaguar and Land Rover brands, although Indian conglomerate Tatas have emerged as the top choice, media reports said in London on Friday. "Tata Motors is set to be chosen by Ford as the preferred bidder for Jaguar and Land Rover as early as Friday," a report in Financial Times said quoting people close to the situation.
Prepares map for more flexible, lower breakeven, self-sustaining brands.
Orient-Express has rejected repeated approaches from Tata's Indian Hotels Company, with the issue turning into a public spat in December when the US group said it believed such an alliance would damage the value of its brands.
Publicly available data concerning the North American properties of both the hotel chains showed that Orient's average room rates were "meaningfully" below those of Taj's properties. Also, as per the latest financial statements, the trailing 12 month EBITDA margin of Indian Hotels was around 15 per cent higher than that of Oriental, Tatas said.
The new model from the British marquee brand Land Rover will be available in both petrol and diesel engine options.
'He was the most thoughtful corporate person I encountered.'
Subscribers will get free talk-time based on their purchases at the group's stores.
Retail rates of the fuel will now reflect international movement in oil prices.
The 400,000 square-metres plant was launched within two years of foundation laying ceremony.
Perhaps, the group's leadership position and potential in the retail segment prompted Tata Sons Chairman Cyrus Mistry to identify retail as one of the group's four growth clusters in his recent Vision 2025 statement.
In January this year, Tata Sons invested an additional Rs 2,500 crore (Rs 25 billion) in Tata Teleservices which was used to repay loans of the wireless telephony company.
Nescaf is leading the company's efforts to widen the public lens on its portfolio of brands
The curious case is of Honda, which has moved up the pecking order while actually losing market share!
Auto experts from CarJasoos will answer all your questions related to buying, selling or maintenance of new or used cars.
Nissan's executive vice-president and CEO Carlos Ghosn's key man for his new strategy in emerging markets, Andy Palmer, tells Business Standard how the Tata Nano's experience made his company steer away from the $2,500 car. He also speaks about how Nissan's association with Bajaj Auto to develop a small car failed, making his company place its bets on the Datsun brand to grow its market share 10-fold over the next three years.
The group, however, measured the economic value of just 43 creative ideas out of 1,700 innovations that took place within the Group last year.
Under its Turnaround 2.0 programme, Tata Motors will work to improve its sales capabilities -- "as the product itself is not enough" -- use experiential marketing to excite the market and cut costs to make its offerings more competitive.
Tata credit card holders will soon be able to instantly use the reward points they earn to have a cup of coffee or snacks by swiping their card.
Known for its acquisition-led strategy, India's second-largest branded tea company, Tata Tea, has tied up with the European Bank for Reconstruction and Development (EBRD) to buy 51 per cent in a Russian packaging and distribution company called Grand.
Open order books in February breach 700,000; wait period for some models exceed a year.
Tata Motors-owned Jaguar Land Rover reported 25 per cent increase in its global sales in November this year at 37,403 units.
Earlier, the JV company got a go-ahead from the Foreign Investment Promotion Board in October 2013 and was awaiting AOP for launching a full-service carrier.
It has been reported that Richard Branson's Virgin Mobile and Tata Teleservices are joining hands to launch Virgin in India.
Consolidated net sales during the quarter this year increased by 8.03 per cent.
India is an under-penetrated ATM market with only 98 ATMs for every 10 lakh of population.
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