News for 'Tata Group'

Buy dips in auto stocks amid Tesla's India debut, Trump tariffs: Analysts

Buy dips in auto stocks amid Tesla's India debut, Trump tariffs: Analysts

Rediff.com21 Feb 2025

Risks emerging from the US have left automotive investors worried. US President Donald Trump has announced 25 per cent tariffs on automotive imports, while global electric carmaker Tesla has taken its first steps towards entering India. While these developments are sentimentally negative for related stocks, it may be too early to conclude the eventual impact, analysts said.

Why CEOs, Bankers Want To Be Like Bumrah

Why CEOs, Bankers Want To Be Like Bumrah

Rediff.com7 Jan 2025

From CEOs to RBI governors, cricket's rich imagery and strategy resonate deeply with leadership, uncertainty, and decision-making across industries and global diplomacy, points out Suveen Sinha.

What Air India Plans For Its Crews

What Air India Plans For Its Crews

Rediff.com4 Oct 2024

Some of the proposed policies have been welcomed by pilots and cabin crew, while others have sparked criticism.

Mistry's removal was 'necessary': Tata

Mistry's removal was 'necessary': Tata

Rediff.com1 Nov 2016

Tata, 78, who retired as Tata Group Chairman nearly four years back, justified his return for "maintaining stability and continuity of leadership" and promised to give the group "a world-class leader" when a fulltime boss is appointed.

Air India: Will JRD Tata's Legend Return?

Air India: Will JRD Tata's Legend Return?

Rediff.com14 Oct 2021

J R D Tata and Air India... Mrigank Warrier explores one of India's eternal love stories.

First C-295 aircraft to roll out of Gujarat facility in Sep 2026

First C-295 aircraft to roll out of Gujarat facility in Sep 2026

Rediff.com27 Oct 2024

The ministry of defence in September 2021 signed a Rs 21,935-crore contract with Airbus Defense and Space SA, Spain for supply of 56 aircraft.

Airtel, Tatas team up for 'Made in India' 5G tech

Airtel, Tatas team up for 'Made in India' 5G tech

Rediff.com21 Jun 2021

Bharti Airtel and Tata Group on Monday announced a strategic partnership for implementing 5G network solutions for India. Tata Group has developed "O-RAN (Open Radio Access Network) based Radio and NSA/SA (Non-Standalone/standalone) Core and has integrated a totally indigenous telecom stack, leveraging the Group capabilities and that of its partners", according to a joint statement. This will be available for commercial development starting January 2022.

India Inc holds breath for Trump's new tariffs to kick in

India Inc holds breath for Trump's new tariffs to kick in

Rediff.com27 Feb 2025

Industry insiders in India warn that any such move in the pharmaceutical sector could be counterproductive for the US as it may face increased drug shortages if tariffs are imposed on such imports.

Chandrasekaran rules out leadership revamp at Tata Sons

Chandrasekaran rules out leadership revamp at Tata Sons

Rediff.com15 Sep 2021

Ratan Tata, the octogenarian chairman of Tata Trusts that have controlling stake in Tata Sons, separately said he was extremely disappointed over reports speculating a major revamp in the leadership structure at the group. "I would like to state that no leadership structural changes are on the anvil," Chandrasekaran said in a brief statement. The statement came in relation to a Bloomberg report that said Tata Sons was considering a "historic revamp of its leadership structure by creating a chief executive officer's role to help improve corporate governance."

Strategic pacts reshape energy turf

Strategic pacts reshape energy turf

Rediff.com13 Feb 2025

Leading oil companies dedicated the second day of India Energy Week (IEW) 2025 to announcing strategic deals and business agreements across the supply chain - from sourcing more crude oil supply to deploying more domestic ships and building gas distribution capacity.

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

Tesla starts hiring in India, and the jobs are...

Tesla starts hiring in India, and the jobs are...

Rediff.com18 Feb 2025

American electric carmaker Tesla has opened recruitment for various roles in India, including business operations analyst and customer support specialist, in what could be a precursor for the company's entry into the country. As per the job postings on the company's website, the posts are for the 'Mumbai Suburban' area.

Adani Ports to enter Sensex from June 24; Wipro to move out

Adani Ports to enter Sensex from June 24; Wipro to move out

Rediff.com24 May 2024

Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) will replace IT major Wipro in the 30-share BSE Sensex from June 24, according to an official announcement on Friday. This marks the first inclusion of any Adani Group firm in Sensex. The group has 10 listed firms with a combined market valuation surpassing Rs 17 lakh crore.

Tata Sons likely to earn record Rs 27,797 crore from its listed firms

Tata Sons likely to earn record Rs 27,797 crore from its listed firms

Rediff.com31 May 2022

Tata Sons, India's biggest promoter in the private sector, is expected to earn a record Rs 27,797 crore via equity dividend and proceeds through share buyback from its listed group companies for the financial year 2021-22. This amount is up 17.6 per cent from Rs 23,663 crore that it pocketed in FY21. Nearly two-thirds of these proceeds will show up in Tata Sons' financial results for FY22, thanks to the quarterly interim dividend by its cash cow Tata Consultancy Services (TCS).

Tata Steel may sell stake in group cos to Tata Sons

Tata Steel may sell stake in group cos to Tata Sons

Rediff.com25 Jun 2013

Needs funds for Odisha plant expansion, to cut high debt.

IPL 2025: Defending champs KKR to face RCB in season opener

IPL 2025: Defending champs KKR to face RCB in season opener

Rediff.com16 Feb 2025

The 18th edition of the prestigious tournament will commence on March 22, 2025 at the Eden Gardens in Kolkata and the Final will be played on May 25, 2025 at the same iconic venue.

Tatas' m-cap doubled under Mistry

Tatas' m-cap doubled under Mistry

Rediff.com24 Oct 2016

Tata Group is the country's most valuable group and has an estimated 4.1 million shareholders across its various listed companies

Tata Motors: Positives fully priced in, analysts still upgrading the stock

Tata Motors: Positives fully priced in, analysts still upgrading the stock

Rediff.com21 Apr 2024

There is no impediment to normal operations as Tata Motors puts in place the demerger process of its commercial and passenger vehicles businesses. Instead, the demerger would provide greater manoeuvrability for both new entities to operate independently, according to Tata Motors management. While there may not be immediate value unlocking, it will give investors clarity about future growth and the financials across different segments.

Air India pilots seek Ratan Tata intervention in revamped salary structure issue

Air India pilots seek Ratan Tata intervention in revamped salary structure issue

Rediff.com25 Apr 2023

Air India pilots, who are up in arms against the airline's management's decision to unilaterally alter their salary structure and services conditions, on Tuesday sought Ratan Tata's intervention in resolving the issue. In a petition, signed by a little over 1,500 Air India pilots, the community alleged that the "pilots' concerns are not being heard or addressed by the current HR team". On April 17, Air India rolled out a revamped compensation structure for its pilots and cabin crew, which has since been rejected by the two pilot unions - Indian Commercial Pilots Association (ICPA) and Indian Pilots Guild (IPG) - on the grounds that the airline, in alleged violation of the labour practices, did not consult them before finalising the new contracts.

TCS Q2 net profit up 4.99% to Rs 11,909 cr

TCS Q2 net profit up 4.99% to Rs 11,909 cr

Rediff.com10 Oct 2024

India's largest IT services firm TCS on Thursday reported a 4.99 per cent increase in its September quarter net profit at Rs 11,909 crore. The Tata Group company had reported a net profit of Rs 11,342 crore in the year-ago period, while in the preceding quarter, it had a post tax net of Rs 12,040 crore, a company filing said.

Why DGCA Suspended Vistara Executive

Why DGCA Suspended Vistara Executive

Rediff.com1 May 2024

This isn't the first instance of Vistara facing scrutiny from the regulator over improper pilot training.

'He Was Not An 'I' Man At All'

'He Was Not An 'I' Man At All'

Rediff.com23 Oct 2024

'He was a practical person who ensured that he thought about the common man, animals, the fact that they have a life and they have to be respected.'

Not an issue of winning or losing: Ratan Tata on SC verdict

Not an issue of winning or losing: Ratan Tata on SC verdict

Rediff.com26 Mar 2021

Soon after the Supreme Court of India upheld all the appeals filed by the Tata group and set aside the order of the National Company Law Appellate Tribunal reinstating Cyrus Mistry as group chairman, Ratan Tata, chairman emeritus of Tata Sons and chairman of Tata Trusts, took to Twitter to share his views.

Tata congratulates Mamata

Tata congratulates Mamata

Rediff.com23 May 2011

In a congratulatory message addressed to the chief minister, Tata expressed hope that West Bengal would make rapid strides in all spheres of development under her leadership, sources close to the Tata Group said.

Tatas outdo Sensex under Chandrasekaran, but more dependent on TCS

Tatas outdo Sensex under Chandrasekaran, but more dependent on TCS

Rediff.com1 Mar 2021

Tata group companies have outperformed the broader market over the past four years, under the chairmanship of N Chandrasekaran. However, the group's fortunes rely heavily on the performance of Tata Consultancy Services (TCS) now, as compared to the past. The combined market capitalisation of the group's listed companies has nearly doubled in the last four years, against a 77 per cent rally in the benchmark Sensex during the period. The overall market value of 16 key group firms - excluding listed subsidiaries of such entities - stood at Rs 16.8 trillion as of Friday. This was close to 2x the Rs 8.45 trillion as of February 21, 2017 - the day Chandrasekaran took charge as chairman of Tata Sons.

Tatas commit Rs 1500 crore to fight coronavirus

Tatas commit Rs 1500 crore to fight coronavirus

Rediff.com29 Mar 2020

The donation by Tata Sons and Trusts is the biggest sum committed by a corporate and its philanthropic arm since the outbreak of Covid-19. Others, including Reliance Foundation, Mahindra Group, Bajaj Group, and ITC, are lending support too in the battle against the pandemic.

How Tatas plan to make Air India world's most advanced airline

How Tatas plan to make Air India world's most advanced airline

Rediff.com16 Feb 2022

Virtually addressing employees of Air India across the globe, he said for the airline to be the best again there will be an organisational redesign, and it will "require a huge transformation, probably the largest transformation and the change all of you would ever go through". The carrier will expand its "outreach both domestically and internationally" and it has the desire to connect India with every part of the globe, he added.

Budget key trigger for life insurance companies' stocks in near term

Budget key trigger for life insurance companies' stocks in near term

Rediff.com21 Jan 2025

The data for individual weighted received premium (WRP) showed divergent trends for life insurers in December 2024. Overall, the industry's individual WRP grew 4.8 per cent year-on-year (Y-o-Y); LIC's individual WRP declined 13 per cent while private players saw 11.4 per cent growth.

Adani's clarification on bribery charges lifts markets

Adani's clarification on bribery charges lifts markets

Rediff.com27 Nov 2024

From the 30-share Sensex pack, Adani Ports surged 6 per cent. NTPC, HDFC Bank, Bajaj Finance, Maruti and Axis Bank were among the other gainers. In contrast, Titan, State Bank of India, Asian Paints, Tata Consultancy Services, HCL Tech, Sun Pharma, IndusInd Bank and ICICI Bank were among the laggards.

Tata Neu onboarding Titan by Diwali; TaMo & Air India next

Tata Neu onboarding Titan by Diwali; TaMo & Air India next

Rediff.com19 Sep 2022

Close to six months since the launch of Tata Neu, the super application (app) from Tata Sons Group is all set for a revamp. The highlights include a reimagined rewards programme or NeuPass, a more seamless user experience by increasing the digital maturity of brands, adding more brands to the platform, and hiring category leaders to drive the next phase of growth. When it comes to brands, Titan will join Tata Neu by Diwali. Tata Motors and Air India will be on board after the Festival of Lights.

Tata launches long-awaited super app Neu, joins ecommerce battle

Tata launches long-awaited super app Neu, joins ecommerce battle

Rediff.com7 Apr 2022

The Tata group on Thursday launched its super app, Tata Neu, bringing all its brands in one platform as it seeks to play a major role in the Indian ecommerce space currently dominated by the likes of Amazon and Flipkart.

What Tata's new leader must do

What Tata's new leader must do

Rediff.com28 Oct 2016

'The Tata group will need for its new leader to show the same foresight and willingness to go against conventional wisdom at times to keep the group's aspirations high and uphold the values of innovation, ethics, corporate responsibility, trust and leadership that are frequently associated with the Tata name.'

Trump's tariff threats spooks markets; Sensex down 106 points

Trump's tariff threats spooks markets; Sensex down 106 points

Rediff.com26 Nov 2024

Trump's tariff threats spooks markets; Sensex down 106 points

Looking to go omnichannel, BigBasket may seal deal with Tatas

Looking to go omnichannel, BigBasket may seal deal with Tatas

Rediff.com29 Oct 2020

The competition which BigBasket faces now is with the big three - Amazon, Walmart, and Reliance.

Tata Sons finances escape Covid blow; TCS remains the prime cash cow

Tata Sons finances escape Covid blow; TCS remains the prime cash cow

Rediff.com10 Jun 2021

The 14 listed Tata group companies in which Tata Sons holds a stake are paying out a record Rs 35,441 crore to their shareholders by way of dividends and share buyback for FY21.

Tatas, US-based fund among Air India bidders

Tatas, US-based fund among Air India bidders

Rediff.com14 Dec 2020

Salt-to-software conglomerate Tata group was among "multiple" entities who on Monday put in preliminary bids for buying the government's stake in loss-making carrier Air India.

How Tatas plan to grab the $100 billion-plus global 5G market

How Tatas plan to grab the $100 billion-plus global 5G market

Rediff.com10 Aug 2021

The Tata group's tryst with mobile services, with either CDMA or GSM technology, did not really fly, forcing it to close operations and write off losses. Now the group is back in the big game, this time straddling the telecom equipment, network and technology space in India as well as the global market. To this end, it is leveraging the opportunities that flow from 5G technology through open radio access network, or O-RAN. Recently, the Tata Sons' subsidiary Panatone Finvest acquired 43.3 per cent in Bengaluru-based telecom equipment manufacturer Tejas Network for Rs 1,850 crore and announced it would buy another 26 per cent of the voting capital through an open offer.

'Bengal Is In Business'

'Bengal Is In Business'

Rediff.com6 Feb 2025

'This is the Bengal story, where businesses are nurtured, dreams are realised, and legacies are built.'

Tata-Mistry battle leaves SBI worried

Tata-Mistry battle leaves SBI worried

Rediff.com8 Nov 2016

As a step to protect its interest as a lender, SBI will look at the financial stability and corporate governance practices in companies where it has exposure.

Will Tatas buy majority stake in Jet Air?

Will Tatas buy majority stake in Jet Air?

Rediff.com29 Oct 2018

However, any progress on the deal depends upon Goyal giving up control of the company.