The Indian Commercial Pilots' Association (ICPA) defends the crew of the crashed AI 171 flight, rejecting insinuations of pilot suicide and calling for a fair investigation.
The domestic stock market this week would monitor the geopolitical developments after India and Pakistan reached an understanding to stop military actions, analysts said. Moreover, macroeconomic data announcements, Q4 earnings, trading activity of foreign investors and global market trends are also likely to influence sentiments, traders said.
'Tata Group is excited to work together to make Air India the airline of choice in terms of passenger comfort and service'. This is an audio message from Ratan Tata played onboard some Air India flights. Tata Group completed the takeover of the loss-making Air India on January 27.
Says UP misunderstood and underplayed
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."
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.
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
A family priest performed the prayers as per Parsi tradition before the last rites.
The venture is applying to the Reserve Bank of India for approvals.
Tata Sons said dividend from 40-odd Tata Group firms had declined during Mistry's tenure while expenses had risen
'Investors' decisions should reflect their financial goals, risk tolerance, and the amount of gold already present in their portfolio.'
Tata Group is set to become India's first homegrown iPhone maker after Taiwan's Wistron Group agreed to sell a plant in Bengaluru to India's largest conglomerate. Wistron's board approved the sale of Wistron InfoComm Manufacturing (India) Private Ltd to Tata Electronics for $125 million, the Taiwanese electronics manufacturer said in a statement on Friday. The unit operates an iPhone assembly plant near Bengaluru.
'He devoted his entire life for the betterment of Mumbai cricket and cricketers.' 'Even when he left for the Elysian Fields, he was in harness as mentor/advisor to the MCA.' Hemant Kenkre mourns the passing of Mumbai cricket icon Milind Rege.
77 per cent of all transactions in the January-March 2025 period took place digitally, indicating continued preference for online car purchases.
R Venkataramanan, the managing trustee of the Sir Dorabji Tata Trust who is responsible for all Tata-run trusts, prefers to keep a low profile but has emerged as a power centre in the group - with more clout than many established CEOs, says Dev Chatterjee.
Last month, through Fruition, one of his biggest initiatives, 20 post-graduate research students enrolled at the Tata Centre for Technology & Design at Indian Institute of Technology (IIT) Bombay.
With nearly 100 launches and unveils, the Bharat Mobility Global Expo 2025, held in Delhi from January 17 to 22, made one thing clear to automobile enthusiasts: Electric vehicles (EVs) are the way ahead for the Indian auto market for years to come.
It is believed that Tata Sons was unhappy with Mistry's approach of shedding non-profit businesses, including the conglomerate's steel business in Europe, and concentrating only on cash cows
The new provision under the Income-Tax Act may enable the authorities to seize trustees' personal assets if there's a breach of objectives governing registered charitable trusts.
He said that as compared to global models costing 2.5 to 3 US dollars per hour usage, India's AI model will cost less than less than Rs 100 per hour (1.16 US dollars per hour) after 40 percent government subsidy.
Mistry calls sacking illegal, says wasn't given any freedom
Tata Power on Saturday said it has inked a pact with IIT Delhi to work together on clean energy and other projects that can be transformed from research and development level to pilot stage. Tata Power, one of India's largest private sector integrated utilities, and the Indian Institute of Technology (IIT) Delhi have signed a Memorandum of Understanding (MoU) to collaborate in areas like smart grid technology, clean energy solutions, a company statement said. Considering the large number of experts with their excellence in different fields in IIT Delhi and Tata Power, there is an immense potential to collaborate between academia, research and domain experts from business with a high transformational impact, it added.
The gift from the Tata Trusts will allow Cornell to establish and expand partnerships with Indian scientists that build on its strength in applied agriculture research. The endowment will also be used to set up a scholarship fund to bring more Indian students, who may be discouraged by Cornell's price tag, to the university. The gift could eventually help support as many as 25 Indian undergraduate and graduate students at a time.
'High-value homes are designed and built on slum lands and slums are given residue. They do not have access to free air and live in close proximity of others.'
Chinese electric carmaker BYD is focusing on launching vehicles in the Rs 25-45 lakh price range in India even as it continues to evaluate customer preferences and demand in more affordable segments, its Head of Electric Passenger Vehicles in India Rajeev Chauhan told Business Standard.
These trusts are being registered under a new framework.
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.
The higher dividend will help Tata Trusts, which owns 67 per cent stake in Tata Sons, to invest in its charitable activities. The total dividend outgo will be Rs 404 crore.
With the Supreme Court not getting into the valuation part and leaving it to the two parties, lawyers said there was nothing much for Mistry Group to negotiate.
Tata was ranked second only to former president APJ Abdul Kalam in the list of 100 most trusted individuals in India.
Indian passenger vehicles market registered record wholesales of 43 lakh units in 2024, with companies like market leader Maruti Suzuki, Hyundai, Tata Motors, Toyota Kirloskar Motor, and Kia posting their best-ever annual domestic sales. The continued growth of SUVs, along with rural markets playing a key role in driving up car sales, helped the industry better the previous best of nearly 41.1 lakh units posted in 2023.
John Elliott, the author of Implosion: India's Tryst with Reality, on his Riding the Elephant blog, says the sacking of Cyrus Mistry as chairman of Tata and Sons was in line with Ratan Tata's personal style of dealing with executives
An exclusive excerpt from The Tatas: How A Family Built A Business And A Nation.
Private carrier Air India on Monday announced placing an order to purchase 100 more Airbus aircraft, comprising 10 wide-body A350 and 90 narrow-body A320 family aircraft including A321neo.
'IndiGo's position in this argument will depend on whether it has registered '6e' as a trademark.'
'I think Ratan felt he had to do everything that he could to retain control of the company started by his forefathers, because that was the first priority and nothing else mattered compared to that.'
Of the six chairmen that Tata group has had in its 148 years, the longest serving was Jehangir Ratanji Dadabhoy
Noel Tata likes to relax at his Alibaug beach home on weekends, but he is equally passionate about driving on the Mumbai-Pune Expressway at a speed of over 100 kilometres per hour.
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