The size of the Tata group's nine acquisitions in 2005 is only marginally lower than the Rs 4,380 crore spent so far by India Inc on buying companies abroad in the year.
'Government officials use Gmail and ordinary phones without basic security consciousness.' 'Interoperability, especially in joint exercises with countries like the US, worries me.' 'It often means we open our systems to them, but they don't reciprocate.' 'They could have kill switches in their systems and might even be able to affect ours.'
'What we need to watch is how Saudi Arabia's financial assistance will be used by Pakistan. If the funds go to build their military hardware and operations, it should worry us.'
Billionaire Mukesh Ambani's Reliance Industries has retained its position as the highest-ranked Indian company on the 2025 Fortune Global 500 list, according to the latest rankings released by the publication. The oil-to-telecom-and-retail conglomerate has been ranked at No.88 on the latest list, down from 86th position in 2024.
Aiming to be the number one player in the soda ash industry, Tata Chemicals Ltd said it has acquired 63.5 per cent stake in UK-based Brunner Mond Group Ltd
What would be Oman's plan for Indian skipper Suryakumar Yadav when they play the T20 world champions in Asia Cup on September 19?
Fourteen per cent of the $16 billion invested by Ratan Tata in M&As abroad has been written off by his successor.
When Gensol Engineering made its public market debut through a small and medium enterprises (SME) initial public offering (IPO) in September 2019, its promoters held a commanding 96 per cent stake. Now, that figure has shrunk to a "negligible" fraction.
India's largest private conglomerate is looking to integrate some of its smaller businesses with their respective flagship companies, with a view to leveraging the value of the entities and increase cost efficiency.
Hind Lever Chemicals Ltd's board will meet on January 24 to consider a proposal for the merger of the company with the Tata Chemicals Ltd.
The Tata group is strengthening the management super-structure within its group companies by extending the post of vice-chairman to three more companies - Tata Motors, Tata Steel and Tata Consultancy Services.
Equity benchmark indices Sensex and Nifty settled higher on Thursday, powered by a rally in banking and power stocks amid a largely firm trend in global markets. The stock markets mostly traded range-bound in the absence of any major trigger and persistent foreign capital outflows, traders said. The 30-share BSE Sensex rose 144.31 points, or 0.18 per cent, to settle at 81,611.41.
'The facility works on Apple's iPhone and everything is damaged -- CNC machines, computers and CCTVs worth crores.'
Susim Mukul Datta has not passed away, rather he is the ever-youthful leader to all who knew him, points out R Gopalakrishnan.
Commerce and Industry Minister Piyush Goyal will accompany Prime Minister Narendra Modi to London for the signing of the free trade agreement between India and the UK on July 24, an official said on Monday. The two countries announced the conclusion of the negotiations for the trade agreement on May 6.
Deal makes company world's second largest producer of soda ash.
Tata will step down as chairman of Tata Sons and other group companies in December-end after a stint of over 21 years.
Vijay Kelkar, former advisor to the Union finance minister, has joined the board of Tata Chemicals Ltd as director.
The Cyrus Mistry camp is confident that independent directors will take their cue from their counterparts in Indian Hotels.
Small- and mid-size companies where Cyrus was the chairman did better on bourses than large Tata group companies
Quarterly earnings from corporates, the US Fed interest rate decision and other global trends will be the major driving factors for determining movement in the domestic equity market in a holiday-shortened week ahead, analysts said. Besides, factors like trading activity of foreign investors, global oil benchmark Brent crude and rupee-dollar trend would also influence trading.
Interrupting a two-month streak of decline, outward foreign direct investment (FDI) rose sequentially to $1.85 billion in July over $1.07 billion in June, an increase of 73 per cent. However, it was lower than the $2.18 billion in July last year, according to the Reserve Bank of India data. Outbound FDI, expressed as financial commitment, has three components - equity, loans, and guarantees.
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.
The Tata Group has close to 110 companies and Chandrasekaran plans to bring this number down to around five or six.
'Ratan had the quality that JRD and Russi Mody had -- they could walk with kings and never lose the common touch.'
Led by Tata Motors and Tata Consultancy Services (TCS), the combined revenue of the Tata group's listed firms crossed the Rs 10-trillion mark for the first time, in 2022-23. The group's 14 key listed companies in which Tata Sons holds a direct equity stake reported a combined revenue of Rs 10.07 trillion in FY23, up 15.3 per cent from Rs 8.73 trillion in FY22. The combined net profit of these companies was, however, down 10.6 per cent year-on-year (YoY) at Rs 66,670 crore in FY23, from a record high of Rs 74,540 crore in the previous financial year, when the profit had jumped 156 per cent YoY, aided by Tata Steel's strong showing.
Keeping an eye on the common man, Tata on Thursday launched two new variants of its water purifier 'Swach' in the North-Indian market, with the low-end version quoting a rock-bottom price of just Rs 499.
The joint venture, for which both the parties have signed a memorandum of understanding, has drawn criticism from the NGOs and environmentalists on the ground that it would cause extinction to the world's rarest birds.
Dismissing all suggestions that only a Parsi with a Tata name would succeed him, Tata Group chairman Ratan Tata on Monday said that the new incumbent would neither be a pro-Parsi nor an anti-Parsi, but the 'right person'.
Billionaire Mukesh Ambani's Reliance Industries and Tata Group have made it to the prestigious TIME's list of 100 World's Most Influential Companies of 2024. TIME called Reliance 'India's Juggernaut'. This is the second time that Reliance has found its way into the TIME list. Jio Platforms, the firm that holds digital properties of the conglomerate, was included in the inaugural TIME 100 Most Influential Companies List of 2021. Serum Institute is the other Indian company on the list.
Over 60 companies are ready to launch IPOs in the coming months.
Reliance Industries, Tata Chemicals, Bharti Enterprises' Fieldfresh and Indian Oil are among several large companies that have evinced interest in leasing closed sugar mills that the Bihar government is offering, mainly to exploit opportunities to make ethanol to meet mandatory petrol blending norms that were introduced this year.
With oil flowing past $145 a barrel, leading companies in the country have lined up plans to explore opportunities in jatropha cultivation and prospects of biofuel. The companies are flocking to Gujarat, which has earmarked 1,900,000 acres in the Narmada region for the crop cultivation.
'The chief minister believes the poorest of the poor have the first right on government resources.'
On Friday, shares of Tata Motors rose by 2.68 per cent and Tata Steel went up by 1.85 per cent on the Bombay Stock Exchange.
After years of losing money on two of the group's biggest bets - global steel business and domestic passenger cars - there are strong signs of a revival in both businesses.
Takes to the sea to save whale sharks off the Gujarat coast from being hunted to extinction.
