The value of the Indian Premier League went up 6.5 per cent to USD 16.4 billion (around Rs 134,858 crore) in 2024, according to a report by American investment bank Houlihan Lokey.
Peeved at the delay in getting the approval of the Bangladesh government, Tata Group on Wednesday hinted that it may shelve plans to invest over $3 billion to set up power, steel and fertiliser projects in the country.
Partha Chatterjee said the Tatas have 'love for the people'.
Dismissing all suggestions that only a Parsi with a Tata name would succeed him, Tata Group chairman Ratan Tata on Monday said that the new incumbent would neither be a pro-Parsi nor an anti-Parsi, but the 'right person'.
Bangladesh government has agreed in principle to construct a 30-km pipeline for supplying gas to the Tata Group's proposed fertiliser plant in Chittagong.
'As Tata Steel we will obviously use group-level leverage to make progress where we want.'
The Tata Group, one of India's largest business houses, has made summer internship offers to 19 students of five leading US business schools this year
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.
Stocks of Indian steel companies are reeling from pricing pressure that is partly blamed on cheap imports. The stocks have declined up to 9 per cent on the NSE in one month, likely allowing investors an opportunity to use the correction to enter the pack as pricing pressure eases. "In steel or any other commodity, if prices or spreads are nearing their bottom, it can be an opportune time to invest in those stocks.
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 Communications has seen analyst upgrades after reporting Q3FY24 results. The biggest factor is the visible signs of a turnaround in its new acquisition, Kaleyra. The consolidated revenue grew 16 per cent Q-o-Q to Rs 5,630 crore led by 15 per cent Q-o-Q improvement in the data segment.
Tata Group-owned Air India has placed an order for 840 planes with Airbus and Boeing, including the option to acquire 370 aircraft, with a senior airline official on Thursday saying the order is a "landmark moment" in the Indian aviation history. The announcement by Air India's Chief Commercial and Transformation Officer Nipun Aggarwal comes a day after the airline said it has placed a firm order for 470 aircraft -- 250 from Airbus and 220 from Boeing. In a LinkedIn post, Aggarwal said the airline is humbled by the excitement generated across the world by the airline's aircraft order.
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 steel market is out of step with global trends. Global demand is weak with China at a huge supply surplus to its domestic demand, pushing down global steel prices. India's domestic demand for steel is strong, given the continuing infrastructure push and is likely to accelerate as urbanisation improves, and the auto sector continues to grow alongside the infrastructure push.
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.
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.
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.
'A long-term investor with a 4 to 5 year horizon could invest in this theme via SIPs.'
Tata Group expects to do some tightrope walking on legal issues in the days ahead.
More than 50 per cent of SIP accounts come from semi-urban and rural areas.
The government has cleared US-based chip maker Micron's project to set up a semiconductor test and packaging unit worth USD 2.7 billion in the country, according to sources. The approved project is expected to create 5,000 jobs. "The project was cleared about a week back," a source said, confirming details of the project.
Trumponomics, poor growth, and high valuation certainly don't make a bullish recipe for Indian markets, warns Debashis Basu.
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