'Some buyers get carried away by festival offers and purchase higher variants or larger vehicles than they truly need, which impacts running cost and long-term affordability.'
After weeks of organisational shakeup, Tata Digital's new chief executive Naveen Tahilyani has come up with a revamped executive team for the Neu super app. Tahilyani announced his A-team in an internal mail to employees. The focus of the rejig has been to streamline the structure of the leadership and make the firm nimble and business focused.
The Tata Tech IPO will be the first from the Tata group since TCS listed its shares in 2004.
Private and public defence players can bid to participate in the stealth fighter development programme independently, as a joint venture, or as consortia.
US President Donald Trump on Friday again sought to pressurise Apple on its decision to increase production of its iPhone in India. Trump said that Apple will have to pay a 25 per cent import tariffs if its mobile handsets sold in US are not produced in the boundaries of the country.
'An HAL-private sector tieup is a possibility.'
Asia's most prestigious marathon was held after three years and Mumbaikars made most of a rare opportunity to run around iconic city landmarks like the Queen's Necklace at Marine Drive and the Rajiv Gandhi Bandra-Worli Sea Link on a chilly Sunday morning.
Tata Group on Wednesday announced an investment of 4 billion pounds (about Rs 42,500 crore) in setting up a flagship factory to make batteries for Jaguar Land Rover as well as other manufacturers. Tata Sons, owner of JLR, chose Bridgwater in Somerset in southwest England for the gigafactory over a rival location in Spain. The gigafactory, at 40GWh, will be one of the largest in Europe and Tata's first outside of India, the conglomerate said in a statement.
United States Ambassador to India, Eric Garcetti, expressed condolences on veteran industrialist, Ratan Tata's demise on Thursday and said that India, and the world have 'lost a giant with a giant heart'.
Luxury carmakers are shifting into high gear with a mix of product launches, personalised experiences and lifestyle-led engagement.
Mistry indeed followed standards of corporate governance so that it should not create any controversies at a later date
The Mukesh Ambani-led Reliance group ended 2007 by overtaking the Tata group in market capitalisation stakes and this despite the latter's acquisition of Corus steel. Last year's number one, the Tata group, is now a distant number two with a market capitalisation of Rs 3.20 trillion.
Tata Motors on Monday announced the demerger of its commercial and passenger vehicle segments into two separate listed entities to better capitalise on growth opportunities. The commercial vehicles business and its related investments would be housed in one entity while the passenger vehicle business, including electric vehicles, Jaguar Land Rover (JLR) and its related investments, would be part of the second entity, the auto major said in a regulatory filing. Tata Motors chairman N Chandrasekaran said that Tata Motors has scripted a strong turnaround in the last few years.
Industry leaders including Google's India-born chief executive Sundar Pichai on Wednesday mourned the death of Ratan Tata, saying the veteran industrialist cared about making India better. "He leaves an extraordinary business and philanthropic legacy and was instrumental in mentoring and developing the modern business leadership in India. He deeply cared about making India better," Pichai said in a post on X. Pichai recalled that his last meeting with Tata was at Google's office where they spoke about the progress of self-driving car Waymo.
India's largest IT services company TCS on Thursday reported an 11.95 per cent jump in net profit at Rs 12,380 crore in the December quarter while the overall workforce reduced by over 5,000 employees. The Tata Group company had reported a net profit of Rs 11,058 crore in the year-ago period, and Rs 11,909 crore in the preceding September quarter. The company's revenue grew 5.6 per cent to Rs 63,973 crore as against Rs 60,583 crore a year earlier.
Air India's flight to London from Ahmedabad, which has started operating with a new code post the June 12 crash of AI-171, was cancelled on Tuesday due to "operational issues", an airport official said.
Around 600 non-flying staff of Air India and Vistara are likely to be impacted by the two airlines' mega-merger, and efforts will be made to provide job opportunities to the affected employees within Air India group and Tata companies, sources said on Wednesday. Tata Group-owned loss-making full-service carriers -- Air India and Vistara -- together have more than 23,000 employees.
The Tata group is planning to invest $90 billion in new industries such as mobile components plant, semiconductor, electric vehicles, batteries, renewables energy and e-commerce by 2027. The Tata group's investment in India is far higher than the $75-billion investments planned by Mukesh Ambani-owned Reliance Industries and $55-billion investment planned by the Adani group in the next five years in the country, the Economist reported recently. The investment by the Tata group is a shift in its strategy to focus more in the home markets instead of international markets where the group lost money.
The Tata Group-owned airline, grappling with disruptions following the fatal plane crash on June 12 in Ahmedabad, said the objective of reducing flights on 18 international routes is to restore schedule stability and minimise last-minute inconvenience to passengers.
The Indian government has appointed Finance Secretary Tuhin Kanta Pandey as the new chairman of the Securities and Exchange Board of India (SEBI). Pandey, a 1987-batch IAS officer, will replace Madhabi Puri Buch, whose three-year tenure ends on February 28. Pandey's appointment comes at a time when the markets are experiencing bear pressure due to withdrawals by foreign institutional investors (FIIs). Pandey has extensive experience in the finance ministry, having served as the longest-serving secretary in the Department of Investment and Public Asset Management (DIPAM) and the Department of Public Enterprises (DPE). He also played a key role in the framing of the 2025-26 Budget and the drafting of the new Income Tax Bill. Pandey's appointment is for an initial period of three years.
'I get enormous pleasure from seeing the uplift of an underprivileged or poor person.' 'I feel elated when I walk on the street and see someone who pushes a handcart talking on a cell phone.' A revealing glimpse from Peter Casey's The Story of Tata: 1968 to 2021.
Amid mounting safety concerns and the cancellation of at least 66 flights that were to be operated with Boeing 787 Dreamliner aircraft, DGCA officials held a detailed review meeting with top Air India and Air India Express executives.
'They are positioned as defensive products and can potentially give marginally higher returns than liquid funds.'
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.
From the Sensex firms, Bajaj Finance, Infosys, Hindustan Unilever, ICICI Bank, HCL Tech, UltraTech Cement, Bajaj Finserv, State Bank of India, Tata Consultancy Services, Reliance Industries, Axis Bank and Larsen & Toubro were among the major gainers. However, Trent, Tata Steel, Tech Mahindra and Maruti were among the laggards.
What would be Oman's plan for Indian skipper Suryakumar Yadav when they play the T20 world champions in Asia Cup on September 19?
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Among 30 Sensex firms, UltraTech Cement, Tech Mahindra, HCL Tech, Tata Consultancy Services, Eternal, Asian Paints, Tata Steel and Kotak Mahindra Bank were among the biggest gainers. Tata Motors, Adani Ports and Sun Pharma were the laggards.
It was the summer of 2006 (May 18). Writers' Building, then the state secretariat, was buzzing with journalists. The event marked the start of Buddhadeb Bhattacharjee's second term as chief minister. And in style, it got off with West Bengal bagging the small car plant, Nano.
Flipkart Group Chief Executive Kalyan Krishnamurthy on Monday said the firm was advancing preparations for a potential initial public offering (IPO) in India, which included shifting its holding company to India from Singapore. Speaking at an internal town hall, Krishnamurthy said the company's leadership structure is strengthening and that the steps toward relocating Flipkart's legal base to India are progressing as planned, according to people familiar with the matter.
The DGCA has issued multiple fines and warnings to Air India over the past three years, flagging serious concerns in flight operations, cockpit discipline, and internal accountability.
Mistry is expected to take over the mantle of the salt to software giant in Deecmber, 2012 after Ratan Tata retires.
Mistry's strategy appears to be the opposite of the group's stance in the heady days of 2007
Pre-initial public offering (IPO) allotments have fallen out of favour over the past two years amidst buoyant primary markets and increasing average float sizes. In 2023, 13 firms raised a record Rs 1,074 crore through pre-IPO placements.
The termination led to chaotic scenes at the Netaji Subhas Chandra Bose International Airport as the 211 passengers on the Boeing 777-200 LR tried to convince officials to let them reach their destination at the earliest.
Shares of Tata Technologies, an arm of Tata Motors, made a dream stock market debut on Thursday, listing with a huge premium of 140 per cent, against the issue price of Rs 500. The stock of the company which provides engineering and product development digital services listed at Rs 1,199.95, registering a sharp jump of 139.99 per cent from the issue price on the BSE. It further zoomed 180 per cent to Rs 1,400.
Japan is expected to increase its investment target in India from the earlier 5 trillion yen ($34 billion) to almost 10 trillion yen.
The government's target of hitting $52 billion to $58 billion in mobile phone exports in FY26 has been faltering; an Indian corporate group with financial muscle will help.
Tata Group-owned Air India shaved off its losses by 60 per cent to Rs 4,444.10 crore in FY24 over the previous year, according to the Tata Sons annual report for 2023-24. The airline had reported a loss of Rs 11,387.96 crore in FY23, the annual report said.
Tata Sons chairman N Chandrasekaran on Thursday said the best of artificial intelligence and machine learning will be deployed at Air India and emphasised that the airline is not just another business for the group but a passion and a national mission. As Tata Group steers the transformation of loss-making Air India since taking control in January last year, Chandrasekaran said that he most of the time receives "caring criticism" about the airline that also further strengthens the commitment. Speaking at an event in the national capital where Air India's new brand identity and aircraft livery were unveiled, he said the focus is on upgrading all human resources aspects in the airline.
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