News for 'tata group'

'New Delhi Can Hobnob With Moscow And Beijing, But...'

'New Delhi Can Hobnob With Moscow And Beijing, But...'

Rediff.com1 Sep 2025

'...it should not delude itself into thinking that India's security or its great-power ambitions will be advanced by those partnerships.'
'Instead, what India should focus on is on riding out the next three-and-a-half years of Trump's presidency with minimal damage to itself.'

Sensex, Nifty rise on buying in banking stocks

Sensex, Nifty rise on buying in banking stocks

Rediff.com10 Oct 2024

Equity benchmark indices Sensex and Nifty settled higher on Thursday, powered by a rally in banking and power stocks amid a largely firm trend in global markets. The stock markets mostly traded range-bound in the absence of any major trigger and persistent foreign capital outflows, traders said. The 30-share BSE Sensex rose 144.31 points, or 0.18 per cent, to settle at 81,611.41.

Tatas apply for 'Tata SIA Airlines Limited' name

Tatas apply for 'Tata SIA Airlines Limited' name

Rediff.com20 Sep 2013

Starting the process of incorporating a new company for its proposed aviation venture with Singapore Airlines, Tata group has sought to register this entity as 'Tata SIA Airlines Limited'.

Operation Sindoor casts shadow on car sales in May

Operation Sindoor casts shadow on car sales in May

Rediff.com9 Jun 2025

Fada estimates that global supply chain headwinds like scarce availability of rare earth elements for electric vehicle components and geopolitical tensions may affect urban consumer sentiment in June as well.

250,000 AI 'Experts' At India's IT Firms

250,000 AI 'Experts' At India's IT Firms

Rediff.com30 Jul 2025

'Advanced skills is such a broad spectrum that a simple prompt engineer to a critical upper end LLM developer are clubbed under one.' 'In addition, some include their non-technical employees who can use AI tools under this talent base.'

Tata Investment now a Tata Sons arm

Tata Investment now a Tata Sons arm

Rediff.com18 Feb 2008

Tata Sons has made Tata Investments its subsidiary by acquiring around 55 per cent stake in the company.

Tatas now 100% owner of Air India as Air Asia sells stake

Tatas now 100% owner of Air India as Air Asia sells stake

Rediff.com3 Nov 2022

Ending its uncomfortable journey in India after eight years, Malaysia-based AirAsia Group on Wednesday said it has exited AirAsia India by selling its remaining 16.67 per cent stake to Tata Group-owned Air India for Rs 155.64 crore. Later in the day, Air India said it has begun the process of creating a single low-cost carrier subsidiary by merging AirAsia India and Air India Express. A working group consisting AirAsia India CEO Sunil Bhaskaran and Air India Express CEO Aloke Singh has been formed for the two carriers' integration, which is expected to take approximately 12 months, it added.

Shivraj given 'broken seat' on Air India flight, probe ordered

Shivraj given 'broken seat' on Air India flight, probe ordered

Rediff.com22 Feb 2025

Union Minister Shivraj Singh Chouhan on Saturday slammed Tata Group-owned Air India for allotting him a 'broken and sunk' seat, prompting his ministerial colleague K Rammohan Naidu to instruct the airline to take 'necessary action'.

Tatas to expand aerospace units

Tatas to expand aerospace units

Rediff.com24 Jan 2011

The Tata Group is planning to set up three more units as a part of its aerospace manufacturing initiative in Hyderabad with an investment of Rs 1,000 crore (Rs 10 billion).

Tata vies for Daewoo Romania

Tata vies for Daewoo Romania

Rediff.com15 Jan 2007

The Tata group may take on global automobile giants such as Ford and Renault-Nissan for in an attempt to buy Daewoo Automobile Romania, the privatisation of which the Romanian government has put on the fast track.

Jhunjhunwala will be remembered for his foresightedness, understanding of markets: Ratan Tata

Jhunjhunwala will be remembered for his foresightedness, understanding of markets: Ratan Tata

Rediff.com14 Aug 2022

Ratan Tata, Chairman Emeritus of the Tata Group, on Sunday said ace investor Rakesh Jhunjhunwala will always be remembered for his acute understanding of the markets as well as for his jovial personality, kindness, and foresightedness. Jhunjhunwala, often referred to as 'India's Warren Buffett', passed away here Sunday morning due to a cardiac arrest. He was 62. Jhunjhunwala had investments in more than three dozen companies, the most valuable being watch and jewellery maker Titan, part of the Tata conglomerate.

Wipro Q4 PAT up 26%; sees up to 3.5% drop in revenue for Q1FY26

Wipro Q4 PAT up 26%; sees up to 3.5% drop in revenue for Q1FY26

Rediff.com16 Apr 2025

Wipro on Wednesday reported a 25.9 per cent year-on-year rise in consolidated net profit for the March quarter to Rs 3,569.6 crore, but warned of a weak quarter ahead with up to 3.5 per cent expected drop in IT services revenue for Q1FY26, amid global uncertainties. CEO and Managing Director Srini Pallia said clients remain cautious in the face of macroeconomic uncertainty.

Chaos at airports as Air India Express cancels 100 flights; 15K flyers hit

Chaos at airports as Air India Express cancels 100 flights; 15K flyers hit

Rediff.com9 May 2024

Discontent has been brewing among a section of the cabin crew at the low-cost carrier for some time now, especially after the start of the process of merger of AIX Connect, formerly AirAsia India, with itself.

Tata arm to construct Noida International Airport at Jewar

Tata arm to construct Noida International Airport at Jewar

Rediff.com3 Jun 2022

Tata Group's infrastructure and construction arm, Tata Projects, has bagged the contract to construct the upcoming Noida International Airport at Jewar, in Uttar Pradesh. As part of the contract, Tata Projects will construct the terminal, runway, airside infrastructure, roads, utilities, landside facilities and other ancillary buildings at the airport, Yamuna International Airport Private Limited (YIAPL) said in a statement on Friday. YIAPL is a 100 per cent subsidiary of Swiss developer Zurich Airport International AG and has been incorporated as a Special Purpose Vehicle to develop Noida International Airport. In 2019, Zurich Airport International AG won the bid to develop the airport.

NCLT junks Mistry's plea against his removal from Tata Sons

NCLT junks Mistry's plea against his removal from Tata Sons

Rediff.com9 Jul 2018

NCLT in its judgement said: "The removal of Cyrus Mistry as executive chairperson was because the board lost confidence and not because they were contemplating that he would cause discomfort to Ratan Tata, N Soonawala and others.' "The Board is competent to remove an executive chairman. Mr Mistry's removal from the position of director came because he admittedly sent out company information to the I-T (department), press, and came out in public against the board and the trust."

Could Noel Tata be the next Tata chairman?

Could Noel Tata be the next Tata chairman?

Rediff.com3 Aug 2010

What strengthens this view further is that he is also the son-in-law of Pallonji Mistry, the largest single shareholder in Tata Sons, the controlling arm of the diversified Tata Group, with an 18 per cent stake.

Ratan Tata mulls Tata Sons float

Ratan Tata mulls Tata Sons float

Rediff.com7 Dec 2004

Ratan Tata's successor by March 2011

Ratan Tata's successor by March 2011

Rediff.com6 Aug 2010

Ratan Tata will play only an advisory role and will not be part of the selection panel.

Sunny skies await Indian aviation?

Sunny skies await Indian aviation?

Rediff.com23 Dec 2024

The trails of mega-mergers, tailwinds of expanding fleets, flights and airports will dot the fast-growing Indian aviation firmament in 2025, though the dark clouds of supply chain woes will persist longer. Also, new airline takeoffs, the future trajectory of revised norms to tackle pilot fatigue and efforts to reduce carbon emissions will be on the radar.

Ratan Tata steps down as Tata Power chairman

Ratan Tata steps down as Tata Power chairman

Rediff.com8 Nov 2012

Effective November 8, Ratan N Tata has stepped down as chairman of Tata Power and Cyrus P Mistry will take his place.

Silence is no longer an option, says Tata-funded IiAS

Silence is no longer an option, says Tata-funded IiAS

Rediff.com29 Oct 2016

In absence of hard facts, the group risks losing public trust, says the firm, which has investment from the Tatas

Tata cos under Mistry lens say full disclosure done

Tata cos under Mistry lens say full disclosure done

Rediff.com27 Oct 2016

Tata Steel and Indian Hotels on Wednesday said they have always made all relevant disclosures and have no further comments to offer following comments made by ousted Tata Group chairman Cyrus Mistry that Tata group firms could face a potential USD 18 billion writedown.

Noel Tata does a Trent at Tata International

Noel Tata does a Trent at Tata International

Rediff.com5 Feb 2013

Noel Tata, who had built Trent into a Rs 1,000-crore company and launched a slew of brands in India such as Sisley and Zara, is now considering launching global brands from Tata International, the exports and trading arm of the Tata Group.

Rajiv Dube quits Tata Motors

Rajiv Dube quits Tata Motors

Rediff.com17 May 2010

Tata Motors on Monday said its president for the passenger car division, Rajiv Dube has resigned from the company.

Tatas now only half as small as PSUs

Tatas now only half as small as PSUs

Rediff.com27 Jan 2014

Analysts say Tatas could sustain their current pace of growth, provided the group's "cash cows", such as TCS and Tata Motors, continue to deliver.

Tatas reshuffle pack after Mistry's exit

Tatas reshuffle pack after Mistry's exit

Rediff.com4 Nov 2016

Tata Sons on Friday announced organisational changes, bringing in S Padmanabhan as the group human resources head.

SC slams NCLAT for 'tinkering' with power in Tata-Mistry case

SC slams NCLAT for 'tinkering' with power in Tata-Mistry case

Rediff.com27 Mar 2021

The NCLAT, in its December 18, 2019 order, had restrained the company, its board of directors and shareholders from exercising the power under the article against minority members except in exceptional circumstances and in the interest of company. A bench headed by Chief Justice S A Bobde dealt with this issue in its 282-page verdict which set aside the NCLAT's order that had restored Cyrus Mistry as the executive chairman of the USD 100 billion salt-to-software conglomerate.

Brand Vistara Ends Its Journey

Brand Vistara Ends Its Journey

Rediff.com12 Nov 2024

Starting November 12, Vistara aircraft will be operated under the Air India banner, to be identified by a special four-digit flight code beginning with "2".

Milind Rege, The Last of the Mohicans

Milind Rege, The Last of the Mohicans

Rediff.com20 Feb 2025

'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.

Tata keen on expanding operations in Kashmir

Tata keen on expanding operations in Kashmir

Rediff.com5 Oct 2012

Tata Group Chairman Ratan Tata on Friday met Jammu and Kashmir Chief Minister Omar Abdullah and expressed his desire to expand his group's activities in the state.

Tatas, SpiceJet chief Ajay Singh bid for Air India

Tatas, SpiceJet chief Ajay Singh bid for Air India

Rediff.com15 Sep 2021

"Financial bids for Air India disinvestment received by Transaction Adviser. Process now moves to concluding stage," DIPAM Secretary Tuhin Kanta Pandey tweeted.

FY26 may be another slow year for IT firms

FY26 may be another slow year for IT firms

Rediff.com1 Aug 2025

The information technology (IT) services industry may be headed for another year of sluggish growth. Based on the results of the top five IT services companies for the first quarter of 2025-26 (Q1FY26), analysts say the possibility of hitting high single-digit revenue growth in FY26 looks unlikely.

Tata Neu in numbers: 120 mn customers, 2,500 offline stores, 80 mn downloads

Tata Neu in numbers: 120 mn customers, 2,500 offline stores, 80 mn downloads

Rediff.com8 Apr 2022

Shivani Shinde reports. The youngest member of the Tata group, the much-awaited Tata Neu, has finally been launched for people across the country. The 'super app' offers a number of services ranging from financial services to tech, travel and even groceries. The app takes off with a customer base of 120 million, with 2,500 offline stores. According to the Tata group, the app will be a one-stop destination for all consumer needs. The super app also offers a bouquet of financial offers like Unified Payments Interface (UPI), bill payments, loans and insurance. Tata Neu will also provide other services like fashion, gadgets, groceries, travel and health.

Tata most valuable Indian brand; LIC, Infosys next

Tata most valuable Indian brand; LIC, Infosys next

Rediff.com23 Jul 2019

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.

Mistry, Tata skip dinner with royal couple

Mistry, Tata skip dinner with royal couple

Rediff.com12 Apr 2016

Sources in the Tata group said they could not attend as they were travelling.

Soon, 'Nitol-Tata' shoes, cycles in Bangladesh

Soon, 'Nitol-Tata' shoes, cycles in Bangladesh

Rediff.com8 Oct 2012

The Tata Group's agreement with one of the largest conglomerates in Bangladesh, the Nitol Niloy group, to make footwear and bicycles is likely to bear fruit soon.

The Visionary Who Transformed HLL Forever

The Visionary Who Transformed HLL Forever

Rediff.com14 Jul 2025

Susim Mukul Datta has not passed away, rather he is the ever-youthful leader to all who knew him, points out R Gopalakrishnan.

High equality ranking for India masks deeper gaps, say economists

High equality ranking for India masks deeper gaps, say economists

Rediff.com14 Jul 2025

A recent World Bank report placing India among the most equal countries globally may present a limited view of inequality, with economists suggesting that broader data sets could tell a different story. According to the report, India's Gini index (or coefficient/ratio), a key measure of inequality, stood at 25.5 in 2022-23, placing the country fourth globally in terms of equality, behind only the Slovak Republic, Slovenia, and Belarus.

Chandra and his 3S philosophy to take Tata Sons ahead

Chandra and his 3S philosophy to take Tata Sons ahead

Rediff.com20 Apr 2018

The Tata Group has close to 110 companies and Chandrasekaran plans to bring this number down to around five or six.