News for 'Tata Group'

Will festive season bring cheers to India's housing sector after 3 weak quarters?

Will festive season bring cheers to India's housing sector after 3 weak quarters?

Rediff.com13 Oct 2025

After three straight quarters of decline, India's housing market is pinning hopes on the ongoing festival season to revive sales momentum. While 2025 may still end with sales volumes below 2024 levels, developers believe the seasonally strong October-December quarter could narrow the gap, aided by stable interest rates, festive incentives, and resilient demand in the premium segment.

News about Starbucks leaving India is baseless: TCPL

News about Starbucks leaving India is baseless: TCPL

Rediff.com19 Dec 2024

Tata Consumer Products Ltd (TCPL) on Thursday denied reports on the exit of cafe chain Starbucks from the Indian market, terming them as "baseless". Tata in a 50:50 joint venture with US-based Starbucks Corporation operates a cafe chain in India under the brand name of Starbucks, which is the leading cafe chain in India.

DGCA flags 100 safety lapses at AI, including 7 critical breaches

DGCA flags 100 safety lapses at AI, including 7 critical breaches

Rediff.com30 Jul 2025

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.

Air India faces worst crisis, cancels 7 int'l flights amid crash fallout

Air India faces worst crisis, cancels 7 int'l flights amid crash fallout

Rediff.com17 Jun 2025

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.

Tatas to invest $90 bn in India in 5 years

Tatas to invest $90 bn in India in 5 years

Rediff.com23 Sep 2022

The Tata group is planning to invest $90 billion in new industries such as mobile components plant, semiconductor, electric vehicles, batteries, renewables energy and e-commerce by 2027. The Tata group's investment in India is far higher than the $75-billion investments planned by Mukesh Ambani-owned Reliance Industries and $55-billion investment planned by the Adani group in the next five years in the country, the Economist reported recently. The investment by the Tata group is a shift in its strategy to focus more in the home markets instead of international markets where the group lost money.

Tata Digital unveils leaner A-team under CEO Tahilyani

Tata Digital unveils leaner A-team under CEO Tahilyani

Rediff.com21 May 2024

After weeks of organisational shakeup, Tata Digital's new chief executive Naveen Tahilyani has come up with a revamped executive team for the Neu super app. Tahilyani announced his A-team in an internal mail to employees. The focus of the rejig has been to streamline the structure of the leadership and make the firm nimble and business focused.

Tata Motors to demerge passenger, commercial biz

Tata Motors to demerge passenger, commercial biz

Rediff.com4 Mar 2024

Tata Motors on Monday announced the demerger of its commercial and passenger vehicle segments into two separate listed entities to better capitalise on growth opportunities. The commercial vehicles business and its related investments would be housed in one entity while the passenger vehicle business, including electric vehicles, Jaguar Land Rover (JLR) and its related investments, would be part of the second entity, the auto major said in a regulatory filing. Tata Motors chairman N Chandrasekaran said that Tata Motors has scripted a strong turnaround in the last few years.

Amid crisis, Air India asked to remove 3 officials

Amid crisis, Air India asked to remove 3 officials

Rediff.com21 Jun 2025

The three officials include a divisional vice president of the airline, as per the DGCA order.

UK clears decks for 500 mn grant for Tata Steel's Port Talbot project

UK clears decks for 500 mn grant for Tata Steel's Port Talbot project

Rediff.com12 Sep 2024

The Labour government in the UK has cleared the decks for a 500 million grant to Tata Steel, paving the way for decarbonisation of the company's British business and a sustainable financial future. In a statement, Tata Steel said that it has signed a 500 million Grant Funding Agreement (GFA) with the UK government, allowing it to "proceed at pace with the project to install a state-of-the-art electric arc furnace (EAF) at the Port Talbot steelworks in Wales". This is part of the 1.25 billion green steel project in Port Talbot, of which Tata Steel's investment is to the tune of 750 million.

Tatas paring assets to cut group firms' debt

Tatas paring assets to cut group firms' debt

Rediff.com3 Feb 2014

Mistry's strategy appears to be the opposite of the group's stance in the heady days of 2007

Mistry has ideal qualities to lead the group: Tata

Mistry has ideal qualities to lead the group: Tata

Rediff.com10 Aug 2012

Mistry is expected to take over the mantle of the salt to software giant in Deecmber, 2012 after Ratan Tata retires.

'We Were There At Every Crew Funeral': AI CEO

'We Were There At Every Crew Funeral': AI CEO

Rediff.com21 Jun 2025

'We will continue supporting those affected long after the work in Ahmedabad is done.'

Trump's tariffs: Auto part makers hope for 'balanced resolution'

Trump's tariffs: Auto part makers hope for 'balanced resolution'

Rediff.com4 Apr 2025

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.

Air India flight to Bangkok held at Mumbai airport for over 5 hrs

Air India flight to Bangkok held at Mumbai airport for over 5 hrs

Rediff.com27 Jun 2025

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.

'Business as usual': Indian firms brush off Turkiye tensions

'Business as usual': Indian firms brush off Turkiye tensions

Rediff.com10 Jun 2025

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.

'Same Type Of Accidents Happen Again And Again'

'Same Type Of Accidents Happen Again And Again'

Rediff.com19 Jun 2025

'Other than blaming the pilot, there is zero accountability.'

AI 171's blackbox recovered from rooftop of building

AI 171's blackbox recovered from rooftop of building

Rediff.com13 Jun 2025

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.

NPS: MSF Makes Investing Simpler, Smarter

NPS: MSF Makes Investing Simpler, Smarter

Rediff.com27 Oct 2025

Those who have long retirement horizons of 15 to 20 years and seek higher long-term returns may opt for MSF. Investors nearing retirement (under 10 years) or those with low risk tolerance should stay away.

Officials hint at 'political interests' behind Manipur ambush

Officials hint at 'political interests' behind Manipur ambush

Rediff.com5 Oct 2025

Security forces in Manipur have launched a major crackdown on the banned People's Liberation Army (PLA) following an ambush on an Assam Rifles convoy. Fifteen cadres have been arrested, including suspects directly involved in the attack. Investigations are underway to determine if the PLA has political patronage and if weapons looted during ethnic clashes are being used against security forces.

Air India, AI Express resume flights to Middle East

Air India, AI Express resume flights to Middle East

Rediff.com25 Jun 2025

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.

EV makers hope for festive spark to light up sales

EV makers hope for festive spark to light up sales

Rediff.com27 Aug 2025

India may see its busiest EV festive season in 2025 with SUVs, luxury cars and scooters set to launch, but rare-earth supply bottlenecks risk delaying rollouts.

Markets tumble as India-Pak conflict flares up; Sensex sinks 880 points

Markets tumble as India-Pak conflict flares up; Sensex sinks 880 points

Rediff.com9 May 2025

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.

Praggnanandhaa STUNS Gukesh to win Tata Steel Chess

Praggnanandhaa STUNS Gukesh to win Tata Steel Chess

Rediff.com3 Feb 2025

R Praggnanandhaa outclassed world champion D Gukesh in sudden death to win Tata Steel Masters chess title.

No help from AI or govt: Father of deceased crew member from Manipur

No help from AI or govt: Father of deceased crew member from Manipur

Rediff.com13 Jun 2025

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.

'World lost a giant with a giant heart'

'World lost a giant with a giant heart'

Rediff.com10 Oct 2024

United States Ambassador to India, Eric Garcetti, expressed condolences on veteran industrialist, Ratan Tata's demise on Thursday and said that India, and the world have 'lost a giant with a giant heart'.

Air India-Vistara merger may impact 600 non-flying staff

Air India-Vistara merger may impact 600 non-flying staff

Rediff.com11 Jul 2024

Around 600 non-flying staff of Air India and Vistara are likely to be impacted by the two airlines' mega-merger, and efforts will be made to provide job opportunities to the affected employees within Air India group and Tata companies, sources said on Wednesday. Tata Group-owned loss-making full-service carriers -- Air India and Vistara -- together have more than 23,000 employees.

BFSI Sector Set For Boom With Rs 58K Cr IPOs

BFSI Sector Set For Boom With Rs 58K Cr IPOs

Rediff.com25 Sep 2025

The sector's IPO pipeline is led by Tata Capital's Rs 17,000 crore issue, followed by ICICI Prudential Asset Management at Rs 10,200 crore and Billionbrains Garage Ventures at Rs 6,000 crore.

'Legends Never Die': A tribute to Ratan Tata

'Legends Never Die': A tribute to Ratan Tata

Rediff.com10 Oct 2024

Industry leaders including Google's India-born chief executive Sundar Pichai on Wednesday mourned the death of Ratan Tata, saying the veteran industrialist cared about making India better. "He leaves an extraordinary business and philanthropic legacy and was instrumental in mentoring and developing the modern business leadership in India. He deeply cared about making India better," Pichai said in a post on X. Pichai recalled that his last meeting with Tata was at Google's office where they spoke about the progress of self-driving car Waymo.

Air India cancels 8 flights; bookings decline by up to 20%

Air India cancels 8 flights; bookings decline by up to 20%

Rediff.com20 Jun 2025

Air India has cancelled eight flights, including four international services, on Friday due to enhanced maintenance and operational reasons, the airline said.

India's M&A deals dipped in Q2 amid valuation caution

India's M&A deals dipped in Q2 amid valuation caution

Rediff.com10 Oct 2025

India's mergers and acquisitions (M&A) activity cooled in the second quarter of 2025-26 (Q2FY26), with deal value falling to $26.26 billion from $29.04 billion a year ago, according to Bloomberg data.

DGCA orders enhanced inspection of AI's Boeing 787 Dreamliner fleet

DGCA orders enhanced inspection of AI's Boeing 787 Dreamliner fleet

Rediff.com13 Jun 2025

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.

Chandra gets 2nd term as Tata Sons chairman

Chandra gets 2nd term as Tata Sons chairman

Rediff.com11 Feb 2022

N Chandrasekaran was on Friday reappointed as chairman of Tata Sons for a second five-year term. Tata Sons in a statement said the reappointment was ratified by the board. "At its meeting on 11 February 2022, the Board of Tata Sons reviewed the last five years and considered the reappointment of its executive chairman N Chandrasekaran," it said in a statement.

TCS Q3 net profit rises 12% to Rs 12,380 cr

TCS Q3 net profit rises 12% to Rs 12,380 cr

Rediff.com9 Jan 2025

India's largest IT services company TCS on Thursday reported an 11.95 per cent jump in net profit at Rs 12,380 crore in the December quarter while the overall workforce reduced by over 5,000 employees. The Tata Group company had reported a net profit of Rs 11,058 crore in the year-ago period, and Rs 11,909 crore in the preceding September quarter. The company's revenue grew 5.6 per cent to Rs 63,973 crore as against Rs 60,583 crore a year earlier.

Tatas strike back: 'Unforgivable attempt to besmirch group'

Tatas strike back: 'Unforgivable attempt to besmirch group'

Rediff.com27 Oct 2016

Refusing to be drawn into a point by point clarification of Mistry's letter, the company said: "It will be beneath the dignity of Tata Sons to engage in a public spat with regard to the several unfounded allegations appearing in his leaked confidential statement."

What Gave Ratan Tata Great Pleasure

What Gave Ratan Tata Great Pleasure

Rediff.com14 Oct 2024

'I get enormous pleasure from seeing the uplift of an underprivileged or poor person.' 'I feel elated when I walk on the street and see someone who pushes a handcart talking on a cell phone.' A revealing glimpse from Peter Casey's The Story of Tata: 1968 to 2021.

PhonePe seeks Sebi nod for IPO; submits papers

PhonePe seeks Sebi nod for IPO; submits papers

Rediff.com24 Sep 2025

Digital payments provider PhonePe has filed draft papers with markets regulator Sebi for its upcoming initial public offering (IPO) using the confidential pre-filing route. On Wednesday, the company's spokesperson said, "PhonePe Ltd has filed the Pre-filed Draft Red Herring Prospectus with Sebi and the stock exchanges, under...the Sebi ICDR Regulations in relation to the proposed initial public offering of its equity shares on the main board of the stock exchanges".

Tata Tech makes bumper stock market debut; shares list with huge premium of 140%

Tata Tech makes bumper stock market debut; shares list with huge premium of 140%

Rediff.com30 Nov 2023

Shares of Tata Technologies, an arm of Tata Motors, made a dream stock market debut on Thursday, listing with a huge premium of 140 per cent, against the issue price of Rs 500. The stock of the company which provides engineering and product development digital services listed at Rs 1,199.95, registering a sharp jump of 139.99 per cent from the issue price on the BSE. It further zoomed 180 per cent to Rs 1,400.

For Tata Sons, Air India is a passion and a national mission: Chandrasekaran

For Tata Sons, Air India is a passion and a national mission: Chandrasekaran

Rediff.com10 Aug 2023

Tata Sons chairman N Chandrasekaran on Thursday said the best of artificial intelligence and machine learning will be deployed at Air India and emphasised that the airline is not just another business for the group but a passion and a national mission. As Tata Group steers the transformation of loss-making Air India since taking control in January last year, Chandrasekaran said that he most of the time receives "caring criticism" about the airline that also further strengthens the commitment. Speaking at an event in the national capital where Air India's new brand identity and aircraft livery were unveiled, he said the focus is on upgrading all human resources aspects in the airline.

Why The Americans Were Opposed To Agni

Why The Americans Were Opposed To Agni

Rediff.com6 Nov 2025

'The heat shield technology for re-entry vehicles was first mastered in DRDO for the Agni missile.' 'This is why the Americans were so opposed to Agni in the 1980s, unlike other missiles -- it was a re-entry vehicle.'