Page 11 - Tata Group

Cyrus Mistry: SP Group to Tata Group, and beyond - A look at his journey

Known to like golf, the late business magnate Cyrus Mistry was considered a studious backroom executive with a sharp mind

Air India to redesign flight schedules to improve OTP: CEO Wilson

Air India's on-time performance at four metro airports -- Bengaluru, Delhi, Hyderabad and Mumbai -- was 83 per cent in July: DGCA

Tata alters policies to consolidate group operations under one umbrella

In 2000, Tata first amended the Tata group retirement policy of 70 years to bring in younger leaders and remove older directors

RIL chairman may give details of 5G rollout, new energy plans at 45th AGM

May defer offering specific timelines on listing of retail and telecom businesses; clarity on succession planning could come later

Intelsat, Nelco partner to offer inflight connectivity in India

Satellite company and broadband services firm Intelsat on Thursday announced the beginning of Intelsat's inflight connectivity services in Indian skies through an agreement with Tata Group satellite services firm Nelco. As part of the collaboration, Intelsat's airline partners and flyers will enjoy end-to-end broadband coverage on domestic and international aircraft flying to and from an Indian airport as well as the aircraft flying over the country. "In addition to expanding our service coverage area for current customer airlines, our agreement with Nelco opens the possibility for Intelsat to serve India's domestic airlines. This is a fast-growing airline market, and there is considerable untapped potential for IFC growth," Intelsat president of Commercial Aviation Jeff Sare said in a statement. Nelco has a permit to provide in-flight telecom services in India. "As India's leading satcom service provider offering best-in-class services, we are now creating a great opportunity thro

Tata Sons may have to write off Rs 2,600 cr AirAsia India's losses: Report

Tata Sons will likely have to write off Rs 2,600 crore in form of accumulated losses for AirAsia India, which Tata Group-owned Air India has proposed to fully acquire

Air India, Air India Express to get new jets ahead of holiday season

Tata Group is planning to get six Boeing 777-2000 aircraft and 25 Airbus A320 Neo aircraft on lease by the first quarter of 2023 to expand the capacity of Air India and Air India Express

Brokerages expect Trent to be on growth runway after strong Q1 results

A CUT ABOVE Improved presentation in new categories, JVs/associates to gussy up retail major's consolidated performance

Tata Power subsidiary raises Rs 2,000 crore in green energy push

The transaction is part of the Rs 4,000-crore investment announced in April by Tata Power for its green energy business

Tata Group's Trent Ltd enters list of 100 most valued companies in India

In the past 5 trading sessions alone, the share price of Trent Ltd has jumped 11 per cent. On NSE, Trent rose 4.63 per cent to close at Rs 1,475.30, on Wednesday

India at 75: These pre-independence companies thrived in independent India

These companies that operated under the constraints of British rule before 1947 helped India become self-sufficient in various sectors after independence

Head of Tata Trusts may be disallowed from heading a Tata Group company

Ratan Tata was the last person to chair both the companies, Tata Sons and Tata Trusts, after JRD Tata. He is deliberating on the issue to ensure that the interests of both companies are protected

Air India to allow pilots to fly till 65 years amid expansion of fleet size

To ensure an adequate number of pilots for its expanding fleet size, Tata Group-owned Air India (AI) has decided to raise their retirement age from 58 to 65

Air India's load factor improves to 80% under Tata group management

It has risen to 80% in February-June period, compared with 60%; but market share is lower than in January

Tata Motors' shares climb nearly 7% post 51% jump in July sales

Shares of Tata Motors on Monday jumped nearly 7 per cent after the firm reported a 51.12 per cent increase in total sales last month. The stock advanced 6.58 per cent to end at Rs 479.25 apiece on the BSE. During the day, it jumped 6.94 per cent to Rs 480.90. On the NSE, it climbed 6.77 per cent to settle at Rs 480.05 apiece. It was the biggest gainer among the Nifty-50 components. Meanwhile, the 30-share BSE benchmark climbed 545.25 points or 0.95 per cent to settle at 58,115.50. The broader NSE Nifty advanced 181.80 points or 1.06 per cent to 17,340.05. In volume terms, 66.40 lakh shares of the company were traded on the BSE during the day and over 4.30 crore shares on the NSE. On Monday, Tata Motors reported a 51.12 per cent increase in total sales at 81,790 units in July 2022, driven by the strong performance of its passenger vehicles in the domestic market. The company had sold a total of 54,119 units in domestic and international markets in July last year, Tata Motors said

Tata Steel signs MoU with start-up for drone-based mining solutions

Tata Steel will also work jointly with AUS to provide exclusive drone-based solutions, including mine analytics and geo-technical mapping, to Tata Steel group companies

Tata Motors' Q1 loss widens to Rs 5,007 cr amid chip woes, China lockdown

Losses at the UK subsidiary widened to £482 million, from £286 million, as JLR retail sales fell 37 per cent to 78,825 units from the year-ago quarter

We invested, supported our UK biz for a long time: Tata Steel's Narendran

'The UK business has come a long way. Today, it is Ebitda positive and cash positive'

Tata Steel Q1 profit falls 21% to Rs 7,714 crore due to higher expenses

Tata Steel on Monday posted a 21 per cent fall in its consolidated net profit to Rs 7,714 crore for the April-June quarter due to higher expenses. The company had reported a net profit of Rs 9,768 crore in the same period of 2021-22, the steel giant said in regulatory filing. Total income of the company was at Rs 63,698.15 crore in April-June this year against Rs 53,627.66 crore in April-June of the preceding fiscal. Its expenses including the cost of materials consumed and the finance cost, increased to Rs 51,912.17 crore from Rs 41,490.85 crore in the year-ago quarter. Tata Steel is among the country's top four steel producers and contributes around 18 per to the total domestic steel production.

Tata Steel Q1FY23 result: How did the company perform in last four quarters

Tata Steel to announce Q1FY23 results on Monday; company plans Rs 12,000 cr investment in India and Europe