Bombay House is different from any other conglomerate's headquarters. While every visitor is frisked at the entrance of the colonial-era building, one should not be surprised to see a street dog stroll in nonchalantly. For decades, specific instructions have been issued to the staff to allow a free entry and exit for the strays who may want to come in.
With several $500 million-plus deals in the pipeline -- including ICICI Prudential AMC, Lenskart, PhonePe, Groww, PhysicsWallah, Meesho, Pine Labs, and Zepto -- investment bankers look poised for another year of hefty bonuses in 2025.
The Directorate General of Civil Aviation-appointed panel investigating the flight disruptions at IndiGo is likely to summon the airline's CEO Pieter Elbers and Chief Operating Officer Isidre Porqueras on Wednesday as part of the ongoing probe, according to a source on Monday.
In another development, aviation safety regulator DGCA in an order on Sunday late evening extended the time by Monday 6 pm for IndiGo CEO Pieter Elbers and Chief Operating Officer and Accountable Manager Isidro Porqueras to submit reply to its show cause notice over the ongoing disruptions in the airline's operations.
Tata Group will create 5 lakh manufacturing jobs in the next five years across sectors such as semiconductor, electric vehicles, battery and related industries, its Chairman N Chandrasekaran said on Tuesday.
French automotive component maker Valeo on Wednesday said it will invest over Rs 2,150 crore in India and treble its annual sales in the country to around Rs 7,510 crore by 2028.
'We consider everyone who lost someone in this tragedy as part of our family -- now and forever.'
Air India Group expects to induct 26 wide-body and narrow-body planes, and operate 81 per cent of its international flights with upgraded aircraft by the end of 2026, while overall capacity will remain almost unchanged next year.
Financial services giant HDFC Bank, carrying a brand value of $44.9 billion, has surged past IT consulting behemoth Tata Consultancy Services (TCS) to reclaim its crown as the country's most valued brand, according to the 2025 Kantar BrandZ Most Valuable Indian Brands report.
The family of a filmmaker killed in the Ahmedabad plane crash used the compensation they received to clear debt and buy a house, fulfilling his promise to them.
Market sentiment is likely to remain cautious as investors position themselves for the upcoming Union Budget and the US Fed's interest rate decision, where expectations are muted.
Nearly three decades after the ambitious project was first conceived to decongest the existing airport in the financial capital, the greenfield Navi Mumbai International Airport became a reality on Thursday as an IndiGo Airbus A320 from Bengaluru landed on the tarmac at 8 am amid a traditional water cannon salute.
The US on Wednesday mourned the death of veteran industrialist and philanthropist Ratan Naval Tata, remembering him as someone who drove India to greater prosperity and development. Tata, the former Tata Group chairman who transformed a staid group into India's largest and most influential conglomerate, breathed his last at south Mumbai's Breach Candy Hospital at 11.30 pm on Wednesday. He was 86. "My last meeting with Ratan Tata at Google, we talked about the progress of Waymo and his vision was inspiring to hear. He leaves an extraordinary business and philanthropic legacy and was instrumental in mentoring and developing modern business leadership in India.
Wagging its tail non-stop, the dog with a red collar refused to leave Tata's side, literally clinging to the spot next to the casket.
Ratan was extremely ethical in his dealings, which he brought to bear on the business house which he helmed, remembers Sailesh Kottary.
Late Ratan Tata always ensured employees are taken care of along with the well-being of their families across the Tata Group companies, which shaped a number of leaders across the conglomerate, and there really was no one like him, Tata Sons chairman N Chandrasekaran said on Monday. Recollecting his association with Tata (86) who passed away last week, in a post on networking platform LinkedIn, he wrote, "Anybody who met Mr Tata came away with a story about his humanity, warmth, and dreams for India. "There really was no one like him."
India's leading conglomerates are stepping up investments in real estate, recasting what was once a peripheral activity into a core growth driver. Supported by strong balance sheets, established brands and access to long-term capital, major business houses including Aditya Birla, Tata, Godrej, L&T, Raymond, Wadia, Shapoorji Pallonji, Mahindra and Adani are positioning realty as a strategic pillar within their diversified portfolios.
The incident was reported at 1 pm to the IGI Airport Police Station, following which fire tenders, local police, and personnel from the Central Industrial Security Force (CISF) rushed to the spot, the official said.
Government schemes such as the PM E-Drive initiative, with allocations of around Rs 2,000 crore for charging points deployment, are helping accelerate rollout
People from different walks of life gathered outside the residence of Ratan Tata in south Mumbai on Thursday morning to pay their respects to the veteran industrialist, who died in a hospital in Mumbai.
Country's largest IT services company TCS has rolled out salary hikes in the range of 4.5-7 per cent for a majority of its employees, sources said on Tuesday.
This is seen as the first concrete opportunity to break HAL's monopoly in combat aircraft manufacturing, potentially opening the door to a private-sector fighter jet producer.
Network scale seen as central to tapping smaller markets.
"I mentioned to sir (Ratan Tata) that the son of a fellow army officer was handicapped below the waist and needed a job," he told PTI from Pune where he now lives. "Vijay Bisht, son of my then colleague in M&G area HQ Lt Col B S Bisht, had sustained severe leg injuries after falling from a horse and I came to know he was looking for a job," he added. Tata said the needful would be done. And it was.
Indian automakers are reviving legacy nameplates to leverage brand recall and stand out in a crowded market, as classic badges like Sierra, Safari, Baleno and Scorpio return to attract buyers.
The Nifty IT index hit a more than nine-month low, trading at its weakest level since April 17, 2025.
Tata Motors on Friday reported a 62.2 per cent decline in consolidated net profit to Rs 4,003 crore in the June quarter, impacted by volume decline across segments, drop in JLR profits due to US tariffs and high base effect due to gain from sale of discontinued operations. The auto major had posted a consolidated net profit of Rs 10,587 crore in the April-June quarter of the previous fiscal, Tata Motors Ltd (TML) said in a regulatory filing.
The fiscal tilt towards capex benefits companies in investment-related sectors like capital goods, defence equipment, engineering & construction and metal & mining. The planned cut in revenue expenditure will weigh on companies in consumption sectors like FMCG, consumer durables and retail.
Firms are still barred from holding board positions in the special purpose vehicle that will develop the airport.
In 2013-14, the group spent Rs 2.5 per cent of its revenue or Rs 16,000 crore.
'We sent just 500 people from India to the US on H-1B visas. There is no dependence on H-1B visas.'
NPS Vatsalya offers a disciplined investment avenue that parents can use to create intergenerational wealth by contributing even small sums.
'Instead of one or two families controlling 10% to 15% of GDP, it has to be broad based. Then, the resilience of the economy also will be higher.' 'Then, if something happens to one business, it will not hurt the economy badly.'
Air India has terminated the services of a trainer pilot for lapses during simulator training. Ten pilots who underwent training under the trainer pilot have been removed from flying duties pending investigation. The action follows a whistleblower complaint alleging that the trainer pilot failed to properly discharge his duties. Air India conducted a detailed probe and corroborated the allegations. The airline voluntarily reported the matter to the Directorate General of Civil Aviation (DGCA) and commended the whistleblower for coming forward.
rediffGURU Patrick D'souza, CAT expert and founder of Patrick100 explains how to pick a management course and college that will boost your career.
The Tatas have collectively increased their aggregate airlines seat capacity across domestic and international markets by an impressive 20 per cent, going from 64.03 million in calendar year (CY) 2023 to 76.72 million in the current CY, according to data shared by the group that controls Air India in which Vistara has been merged recently. The Tatas also run Air India Express in which Air Asia India has been merged.
Expressing condolences on the demise of the doyen of Indian industry and Chairman Emeritus of Tata Group, Finance Minister Nirmala Sitharaman on Thursday said he has left an indelible mark on society. "Saddened by the passing away of Shri Ratan Tata, a leader par excellence, visionary industrialist, and philanthropist whose contributions have left an indelible mark on our society," Sitharaman said in a post on X.
Rs 135.3 crore. How much of it was salary, and how much commission?
Pilots' body Airlines' Pilots Association (ALPA) India on Friday took 'strong' objection to safety regulator Directorate General of Civil Aviation (DGCA)'s 'selective and unsafe' relief to domestic carrier IndiGo, amid widescale cancellations, saying the decision sets a dangerous precedent.
Pilots' body the Federation of Indian Pilots (FIP) has alleged that IndiGo, despite getting a two-year preparatory window before the full implementation of new flight duty and rest period norms for cockpit crew, "inexplicably" adopted a "hiring freeze."
