From Tetley Tea to Jaguar Land Rover and Air India, Ratan Tata has ticked off almost every item on his bucket list. However, one that remains unfinished is the electric version of his small car, the Tata Nano. A concept entrusted to Coimbatore-based Jayem Automotives (Jayem Auto) is still on the shelves, despite nearly 400 cars being launched, primarily due to Covid-19 and new crash norms.
Utilities in the power sector present an interesting investment case at this moment. Most power stocks have lost substantial ground in the past 12 months.
Of these, as many as seven are Level-1 violations, which are considered critical safety risks and require immediate corrective action by the air operator, they said.
'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.' 'There are some things which we will never forget. That is when the best of a person comes out.'
After the rechristening of Telco to Tata Motors in 2003, one of the auto-maker's earliest decision was to settle its high-cost debts of around Rs 500 crore with the proceeds from foreign currency convertible bonds, or FCCBs. The company had raised $100 million and repaid the debt.
Who else will take on the might of Microsoft, Google, and Amazon if not the Adanis, Ambanis, Birlas, or Tatas?, asks R Jagannathan.
People who attended the celebrations said the sincerity and passion, besides absence of smart one-liners, reminded them of his predecessor.
Upstox, an investment platform, has generated a 10-fold return to Tata group's former chairman Ratan Tata on a buyback of 5 per cent of his stake in the company, according to a company press release. The returns were on the partial sale of Tata's 1.3 per cent stake in the company.
N Chandrasekaran, managing director and chief executive officer of Tata Consultancy Services, has consistently said he wishes to take the company beyond mature economies such as America and Europe, into emerging markets.
Legendary industrialist Ratan Tata's body was on Thursday morning taken from his house in a hearse, decked with white flowers, to the National Centre for Performing Arts (NCPA) in south Mumbai where it would be kept for people to pay their last respects.
Tata Indica, the Tata Group's big passenger car bet, was not delivering expected returns a year into its launch. Desperate, the Tata Motors brass, led by Ratan Tata, acceded to a meeting request from Ford Motors for a possible sale of the passenger vehicles division to the American auto major. Some people had advised Tata to sell the business, and the Ford officials came to Bombay House to hold talks.
On another occasion, he recalled, as part of the SPG, he was tasked with the security of the then prime minister Manmohan Singh and assigned the responsibility of escorting Tata from Taj Mansingh Hotel in New Delhi.
The UK government on Sunday announced that it will support "iconic British brand" Jaguar Land Rover (JLR) with a loan guarantee of up to 1.5 billion pounds to give certainty to the Tata Motors owned carmaker's supply chain following a devastating cyber-attack. The loan will come from a commercial bank, backed by the Department for Business and Trade's (DBT) Export Development Guarantee (EDG), provided by export credit agency UK Export Finance, to be paid back over five years.
'Some buyers get carried away by festival offers and purchase higher variants or larger vehicles than they truly need, which impacts running cost and long-term affordability.'
The Delhi High Court has ordered a journalist not to host an award event using the name "Ratan Tata National Icon Award" or the trademarks "Tata" and "Tata Trusts". The court found that Ratan Tata's name and the Tata trademarks are protected and that the journalist's use of them was unauthorized. The case was filed by Sir Ratan Tata Trust and Tata Sons Pvt Ltd, who alleged that the journalist's actions caused harm to their reputation and goodwill. The court also ordered the journalist to stop using the logo and pictures related to Ratan Tata and Tata Trusts.
While Air India cancelled six international flights due to aviation regulator DGCA subjecting its Dreamliner fleet to enhanced checks, the Ahmedabad-London Gatwick one was cancelled due to unavailability of aircraft, the airline said.
Luxury carmakers are shifting into high gear with a mix of product launches, personalised experiences and lifestyle-led engagement.
The three officials include a divisional vice president of the airline, as per the DGCA order.
A Bangkok-bound Air India flight from Mumbai was held back for over five hours on June 25, after some hay was found stuck in one of the aircraft's wings, the airline has said.
'We will continue supporting those affected long after the work in Ahmedabad is done.'
For hatchbacks and sedans, offers range between Rs 40,000 and Rs 80,000 while SUVs and multi-purpose vehicles carry benefits exceeding Rs 1 lakh.
Air India and Air India Express on Tuesday progressively resumed their services to the Middle East, with flights to Dubai and Muscat, respectively, as countries in the region reopened their airspaces.
'Other than blaming the pilot, there is zero accountability.'
The ministry of civil aviation clarified that, contrary to circulating reports, a video recorder that had been recovered at the crash site was not the DFDR.
Even as New Delhi turns up the heat on Turkish firms over Ankara's public embrace of Islamabad, Indian companies rooted in Trkiye are staying put. Mahindra & Mahindra (M&M), Dabur India, and Jubilant FoodWorks say it's business as usual, with no plans to alter course despite the geopolitical chill.
One of the key attractions of the park, which houses a wide array of plant, animal and bird species besides ancient caves, the revamped toy train is set to provide an elating and exciting experience to visitors, especially children.
'They are positioned as defensive products and can potentially give marginally higher returns than liquid funds.'
21-year-old Nganthoi Sharma Kongbrailatpam was part of the cabin crew in Air India flight AI 171, a Boeing 787 Dreamliner, which crashed near Ahmedabad airport on Thursday.
While TCS cited evolving business needs and future readiness as reasons, industry experts say the action is a cost-cutting measure aimed at improving operating margins that have remained below the firm's aspirational range despite multiple efforts.
For students and other young people who gathered at the National Centre for Performing Arts (NCPA) in Mumbai to pay their last respects to Ratan Tata on Thursday, he was not just an industrialist but a role model with a human face, also better known for philanthropy and his love for animals.
Air India has cancelled eight flights, including four international services, on Friday due to enhanced maintenance and operational reasons, the airline said.
Ratan Tata: A Life, the much awaited biography, reveals that after a year of 'parallel running', Tata began having second thoughts about Cyrus Mistry's 'suitability'. 'Mistry targeted Ratan, the man who had elevated him from virtual oblivion into the mainstream of the Tatas...'
The Directorate General of Civil Aviation has directed Air India to carry out additional maintenance actions on its Boeing 787-8 and 787-9 planes equipped with Genx engines with immediate effect.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
'An HAL-private sector tieup is a possibility.'
What would be Oman's plan for Indian skipper Suryakumar Yadav when they play the T20 world champions in Asia Cup on September 19?
Stock market benchmark indices Sensex and Nifty tumbled over 1 per cent each on Friday as tensions soared between India and Pakistan, fuelling fears of a wider conflict.
In calendar year 2024, the stock price of Trent has zoomed 160% As compared to the 18% rally in the BSE Sensex during the same period. It has outperformed the market in the past 10 consecutive years.
To me he always symbolised the sincere, confident, face of a Bharat whose rise is unstoppable. Ratan Tata was a Rishi who was unquestioningly trusted by people who never saw him and never met him, asserts Tarun Vijay, the former BJP MP.
Auto parts exports from India may see a slight slowdown as US President Donald Trump's 25 per cent tariff could increase car prices for buyers by 8-25 per cent, thereby affecting demand, experts believe.
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