Ratan Tata was deeply involved in promoting a technology-oriented culture in the group
Suddenly, the legendary advertising line -- a diamond is forever -- is losing its shine.
'This is the Bengal story, where businesses are nurtured, dreams are realised, and legacies are built.'
Veteran industrialist Ratan Tata, who headed Tata group whose iconic hotel in Mumbai was one of the sites of the 26/11 terror attacks, on Thursday penned a heartfelt tribute saying the wanton destruction that took place 12 years ago will never be forgotten.
IT major nears $100 bn m-cap, accounts for 61% of the group's combined valuation.
Tata Motors plans to have 10 new battery electric vehicles (BEVs) in its domestic product portfolio by 2025 as it looks to drive its business model towards sustainable mobility going ahead, as per Tata Motors chairman N Chandrasekaran. In his message to the shareholders, he noted that the auto major aims to be amongst the world leaders in sustainable mobility solutions and as part of that it is also exploring tie-ups in cell and battery manufacturing to secure supplies for its portfolio of green vehicles. "In India, EV penetration in our portfolio has now doubled to 2 per cent this year and we expect penetration to increase exponentially in the coming years. "Tata Motors will lead this change in the Indian market. By 2025, Tata Motors will have 10 new BEV vehicles and as a Group, we will invest proactively to set up charging infrastructure across the country," Chandrasekaran informed shareholders in the company's Annual Report for 2020-21.
The Tata Group has been named the world's eleventh most reputed company, according to a study compiled by United States-based Reputation Institute.
The protesters staged a sit-in at the main entrance of Bombay House.
Kishore A Chaukar has been appointed as non-executive director and chairman on the board of TTML, with effect from March 24, the filing said.
Competition Commission has approved Tata Group's proposed acquisition of debt-laden Air India as well as its two subsidiaries. The Rs 18,000 crore-deal that includes the winning bidder Talace taking over Rs 15,300 crore-worth debt, is a major step in the government's efforts over the years to revive the ailing airline. Talace Pvt Ltd, a wholly-owned subsidiary of Tata Sons, emerged as the winning bidder in October.
The Tata Group chairman may have gone overboard in his criticism of a profession called journalism.
In a post on the microblogging platform 'X' on Saturday, passenger Vineeth K said that even though he was getting cheaper fares with Gulf carrier Etihad, he had opted for Air India as it operates a non-stop service to the US.
Tata Sons on Thursday announced the appointment of Campbell Wilson as chief executive officer and managing director of Air India. Wilson is the founding CEO of low-cost airline Scoot.
The government on Monday issued a letter of intent (LoI) confirming the sale of its 100 per cent stake in loss-making Air India to Tata Group for Rs 18,000 crore, a senior official said. Last week, the government had accepted an offer by Talace Pvt Ltd, a unit of the holding company of salt-to-software conglomerate, to pay Rs 2,700 crore in cash and takeover Rs 15,300 crore of the airline's debt. Subsequent to that, an LoI has now been issued to Tata confirming the government's willingness to sell its 100 per cent stake in the airline.
In 2006-07, TCS had employed 7,000 people in the eastern states.
Refuting Tat's charges about Welspun buy, Mistry said to even suggest that the Tata Sons board including the nominee directors of the Tata Trusts had not been adequately informed is contrary to the factual record
The Tata group has done yet another Nano -- this time in the water purifier segment. Group company Tata Chemicals on Monday launched a compact water purifier, called 'Swach', which means clean in Hindi.
Tata Group is on an expansion spree in Karnataka, with new projects of its companies at various stages, including the proposed 100-acre Tata Consultancy Service campus here.
The successor to the legendary Ratan Tata should have a keen understanding of the group's core values, foresight, strength of character, good grasp of Indian-ness, among other qualities, says Sanjeev Nayyar.
For debt-laden Jet Airways, bitter foe Tata may turn into timely saviour.
The $70-billion Tata Group has embarked on a global search for a successor to Ratan Tata who will retire in 2012.
Thanks to a big payout by the group's cash cow, Tata Consultancy Services (TCS), Tata Sons is set to earn a record-high equity dividend worth nearly Rs 33,350 crore from the group's listed companies for FY23, up 130 per cent from Rs 14,529 crore in FY22. Nearly 90 per cent of this, or around Rs 30,500 crore, is estimated to accrue to Tata Sons while the rest will show up in its profit & loss account for FY24. This is because nearly 80 per cent of the dividend payout by TCS for FY23 was done before the end of the financial year through three quarterly interim instalments and a special one in January this year.
Shares of Tata Consultancy Services (TCS), the country's largest IT services provider, continue to remain under pressure, hitting a new eight-month low of Rs 3,624.90 intraday on Tuesday before closing at Rs 3,631, down 1.19 per cent. In the past two trading sessions, the stock price has declined 4 per cent on fears of a slowing US economy.
Tata Group Chairman Emeritus Ratan Tata on Friday met Maharashtra Navnirman Sena (MNS) chief Raj Thackeray at his residence in Mumbai.
Infringements related to brand names and trademarks are a never-ending story. In the latest dispute over a brand name, the Tata Group has objected to the word 'Tata' used in oktatabyebye.com, a travel community site owned by MakeMyTrip.
The branding exercise is estimated cost Rs 100-200 crore to the Tata Group.
Ginger Hotels are the Tata Group's chain of budget hotels.
US-based Orient Express Hotels has termed the $1.86 billion acquisition offer by Tata group firm Indian Hotels as 'unsolicited' and said it will evaluate the proposal 'carefully and respond' accordingly.
Temasek is nearing a deal to acquire a 10% per cent stake in Haldiram Snacks Foods, valued at $10 billion.
With Valentine's Day falling on a Friday, travel is picking up as people look for quick getaways.
Tata plans to do what he has always been passionate about -- set up a design centre of international standards and scale.
The Tata Group is looking beyond Indian shores to expand the companies under its fold, even as it has received a 20-year gas supply contract from the government of Bangladesh.
Mody, 92, held important positions in Tata group and led Tata Steel till he retired in the early 1990s.
One hundred years from now, of course, I expect Tata to be much bigger and more global than it is now.
American chip behemoth Nvidia Corp and India's retail-to-refining giant Reliance Industries on Thursday unveiled their goal to build a formidable AI computing infrastructure in the country. Highlighting the tie-up, Jensen Huang, founder and CEO of Nvidia, made a broader appeal: India should focus on "manufacturing" AI, rather than racing to build semiconductor fabs. As part of this collaboration, Nvidia will reportedly supply its Blackwell AI processors to power Reliance's one-gigawatt data center in Jamnagar, Gujarat.
The last date to submit bids is March 17 but the deadline could be extended if there are requests from potential bidders.
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