Trump's tariff threats spooks markets; Sensex down 106 points
Tata Group Chief Ratan Tata met Communication and IT Minister Dayanidhi Maran on Wednesday and discussed wide ranging issues relating to spectrum policy and investments in the telecom sector.
India's two corporate giants Tata Group and Mukesh Ambani owned Reliance Group have booked space in DLF Ltd's malls for rolling out their retail ventures.
Tata hired the best talent from across the world as he saw early on that to survive in the wake of economic liberalisation, Indian companies needed to go global and adopt best practices.
Half a dozen names are doing the rounds as replacement for Cyrus Mistry as the chairman of the Tata Group.
'Some icons are living textbooks, teaching us about leadership, success, and legacy. Extraordinary yet human and approachable, they inspire and guide us.' 'India has lost a true son and champion.'
Tata Global Beverages, formerly Tata Tea, is considering restructuring the company's operations at various levels and aiming to launch a new nutrition-based beverage, according to top officials.
Three persons were killed on Wednesday and another injured after a major fire broke out at the Bombay House building, housing the Tata Group offices in South Mumbai.
In the largest gift from an international donor in Harvard Business School's 102-year-old history, Ratan Tata, chairman of the Tata Group, announced a $50 million gift to fund a new academic and residential building on the HBS campus in Boston.
Tata said, "Please disassociate Tatas from Nandigram. We are not in Nandigram. We are in a place called Singur. The two places are contiguous to each other."
Air India will soon have a new crew management system that will help strengthen rostering rules and enable faster recovery from scheduled disruptions. In a message to the staff on Friday, Air India CEO and MD Campbell Wilson said that in the next two weeks, there will be the CAE Crew Management System that will "strengthen our systems' adherence to rostering rules, improving the tracking of training & qualifications, and enabling faster recovery from schedule disruptions". The new system also comes against the backdrop of concerns flagged by pilots' unions about rostering issues.
'We don't have to compete with Maharashtra or Gujarat. We have to now start thinking about how we compete with the United States or China.'
The Tata Group is likely to sign a final agreement with Bangladesh's state-run Board of Investment for its proposed two billion dollar investment in the country soon, a media report said on Monday.
The move is in keeping with the group's target of achieving Rs 2,200 crore revenues from the defence sector by 2007-2008.
The industry is hoping the Tatas deepen their dive and offer two stable airlines -- a Vistara merged into Air India servicing the international routes, and an AirAsia India merged with Air India Express that competes with the low fare airlines in India and offers destinations within five hours, says Anjuli Bhargava.
First investment by the group in aviation; deal size may be less than Rs 100 crore.
Aviation watchdog Directorate General of Civil Aviation (DGCA) has asked Vistara to submit a daily report on flight cancellations and delays as the Tata group airline cancelled more than 50 flights for the second straight day on Tuesday amid non-availability of pilots.
Tata Teleservices MD, Charles Anthony, has called it quits.
Tata Group expects to do some tightrope walking on legal issues in the days ahead.
Tata group Chairman Ratan Tata has written a letter to Chief Minister Y S Rajasekhara Reddy indicating that Tata Advance Systems was keen to invest in the hub in the proposed Special Economic Zone in Adibhatla village, on the outskirts of the state capital.
We take a snapshot of his illustrious life through the lens of photographer Gopal Shetty.
While Tata Motors is looking to set up new assembly facilities through local partners in countries like Tunisia and Kenya, the group's hospitality chain Taj Hotels Resorts and Palaces is also considering 'proposals from three-four' countries to set up new properties.
Brokerages expect a further slowdown in Indian firms' revenue and earnings growth in Q4FY25, following low single-digit growth in the preceding three quarters, as factors like weak consumer demand and credit growth linger on.
Ratan Tata was the first one to realise that Indian companies had become a prisoner to tradition and needed to radically innovate.
Diversified conglomerate Tata group was on Tuesday declared India's most valuable brand with a value of $21.1 billion, while US-based technology giant Apple has retained its top position globally with about $105 billion.
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.
The rural BPO centre will be established by the Tata Business Support Services -- the BPO wing and a wholly-owned subsidiary of Tata Sons -- in partnership with Tata Steel Rural Development Society -- a corporate NGO managed by the Tata Group for the last 60 years. To start with, it is expected to employ around 200 people. Sources close to the development said the company has already recruited the first batch of the executives for the BPO unit.
Chip giant Qualcomm chief executive Cristiano R Amon and billionaire Gautam Adani on Monday discussed role of AI, semiconductors and edge appliances across markets in the fast changing global technology space. The two leaders met in Mumbai on Monday morning to discuss India's potential around semiconductors, AI and mobility, according to a social media post by Adani. While Qualcomm is big on designing and manufacturing semiconductors and wireless telecommunications products, Adani group had in 2022 bought a small quantity of fifth generation or 5G spectrum for private captive network deployment in ports, logistics and power generation among others.
Noel, Ratan Tata's half-brother and Mistry's brother-in-law, was a contender for the top position when Mistry was chosen as chairman in 2011.
