"We are waiting for any input from any quarter," Civil Aviation Secretary R N Choubey said, adding, "We have not received anything so far".
Tata Group-owned Air India will buy 250 aircraft, including 40 wide-body planes, from Airbus as the airline expands its fleet and operations. This is the first time in more than 17 years that Air India has placed an aircraft order. It is also the first order placed by the carrier under the ownership of Tata Group. On Tuesday, Tata Sons chairman N Chandrasekaran said Air India has signed a letter of intent to acquire 250 aircraft from Airbus.
The world is on the threshold of a new era of cooperation in which individuals, business and nations more readily join forces, thanks to the coronavirus pandemic and only a global effort can help get back to normality from the health crisis, according to Tata Sons chairman N Chandrasekaran. In his New Year address to over 7.5 lakh employees of the consumer products to aerospace conglomerate, Chandrasekaran said the pandemic has rewritten the rules and there has been a shift in priorities with greater focus on safety and resilience, and a transition from 'just in time' toward 'just in case' -- changes that "offer a glimpse of the new economy that will emerge from the old".
To deliver on strategy that late Slym was executing.
Microsoft Chairman and CEO Satya Nadella along with Alphabet Inc and its subsidiary Google CEO Sundararajan Pichai are also among those from trade and industry who have been awarded the Padma Bhushan for their distinguished services.
MUrgency is slated to launch services in Amritsar and Jalandhar in the last week of May and cover the entire state by June end.
Amid concerns over alleged poaching of pilots, Air India told Akasa Air that petitioning a competitor to collude in restricting the rights of staff to change an employer could potentially violate the competition law. Air India CEO and managing director Campbell Wilson wrote a letter to Akasa Air CEO Vinay Dube against the backdrop of Akasa Air raising concerns about Air India Express hiring pilots from the airline. The letter, dated September 21, followed a letter by Dube to Tata Sons on September 11.
Far from public glare, company is investing in tech firms and providing consultancy.
A lot has been written about Gukesh but have you wondered about how it is to be the parents of a genius and budding World Champion.
Hussain shall hold office as the chairman of the company until a new chairman is appointed in his place
Tech major's shareholders will receive total dividend of Rs 15,474 crore in FY15
'I've been backing businesses in the e-commerce space because they enable goods and services to reach people who could never have been catered to in this manner before.'
Experts view this as a case of "failed experiment" in succession
'The main thing Cyrus left is to tell us that you can be a business leader by being good.' 'He practiced that in all of his dealings, in all of his decisions -- in the way he thought, the way he behaved and indeed as he spoke.'
Calling Cyrus Mistry her twin, Nationalist Congress Party leader Supriya Sule on Monday said she has been devastated by the demise of the former chairman of Tata Sons.
The death toll in the Ghatkopar hoarding collapse in Mumbai rose to 16 on Thursday with rescue personnel retrieving the bodies of a retired general manager of Air Traffic Control (ATC) and his wife, officials said.
'Two would be premium products and three would be mainstream products.'
He underlined the need for industrial parks and white-collared environment
'He wanted to learn all the time.'
These start-ups include high-growth companies such as Ola, Paytm, Lenskart, UrbanClap and Urban Ladder. Nearly half of these have gone on to raise follow-on funding, a key measure of success for start-ups. A few have become unicorns, the term for start-ups valued at $1 billion or more.
Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.
The protesters staged a sit-in at the main entrance of Bombay House.
Singapore Airlines (SIA) is engaged in confidential talks with Tata Sons for merging Vistara with Air India, the flagship carrier of the Republic of Singapore informed the stock exchange in the Southeast Asian nation on Thursday in a first acknowledgement of a possible integration of the two airlines. "In line with its multi-hub strategy, SIA is currently in confidential discussions with the Tatas to explore a potential transaction in relation to the securities of Vistara and Air India. "The discussions seek to deepen the existing partnership between SIA and Tatas and may include a potential integration of Vistara and Air India," SIA said in a notification to the Singapore stock exchange. SIA owns 49 per cent stake in Vistara and is among the four airlines run by Tata Group.
"I do not want India to be an economic superpower. I want India to be a happy country." - JRD Tata
With a net worth of $12.6 billion, Mistry is well known for constructing some of Mumbai's landmarks such as the Reserve Bank of India headquarters, The Taj Mahal Palace and Towers, and the Oberoi Hotels
The 2019 list shows a 37 per cent jump in brand value for the Tata group, to $19.55 billion for 2019, the highest in the top 25.
At the end of 2018-19, the Tata group had a consolidated debt of Rs 2.77 trillion. Tatas not only plan to avoid big-ticket acquisitions for now, the group's main focus will be on improving key metrics and reduce debt, say Shally Seth Mohile & Dev Chatterjee.
Together with its share buyback worth Rs 16,000 crore completed in January this year, TCS shareholders will receive a record Rs 30,250 crore from their company in FY21.
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.
Few people know Ratan Tata as well as R K Krishna Kumar does. Widely perceived to be among the managers closest to Tata, Krishna Kumar assesses Ratan Tata, the man and business leader, in this exclusive interview to Rediff.com's Vaihayasi Pande Daniel.
The police team probing the crash are examining the CCTV footage for further leads, the official said.
Ratan Tata invested about $299,000 during the first six months of 2016.
Dr Anahita had only worn the shoulder harness from the back and had not adjusted the lap belt, police said.
It started commercial operations as a full service carrier on January 9.
Tatas and Singapore Airlines have assured the government that control of their proposed airline venture would always remain in Indian hands, while seeking approval to offer passenger services on both domestic and international routes.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
Ratan Tata was the first one to realise that Indian companies had become a prisoner to tradition and needed to radically innovate.
Ratan Tata has acquired a stake in Chinese handset maker Xiaomi, the first investment by any Indian in the smartphone maker.
With Ratan Tata watching proceedings, his lawyer on Wednesday pleaded for a direction from the Supreme Court to ensure that conversations tapped by government agencies in the 'Radia tapes' affair are not leaked and misused.
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