Page 2 - Tata Group

Top headlines: Tata- Bisleri talks, IBA mulls 5-day week for bank employees

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Tata Group's talks over $1 billion Bisleri stake stall over valuation

The Indian conglomerate had been in advanced discussions to take control of Bisleri and the parties were working on finalizing the structure of a transaction, the people said

Fixing Air India

The Tatas have their hands full trying to turn around India's flag carrier. Here's why

Air India's order for 470 aircraft will be worth $70 billion: CEO Wilson

Campbell Wilson added that the process of integration of Vistara with Air India is underway and is now awaiting approval from regulatory bodies

Titan to more than double Zoya luxury store counts, top-line by FY27

Zoya, the luxury jewellery brand from the house of Titan, is looking to more than double its revenue as well as the store count over the next three years from what it has done all through its 14-year history. Since its launch in 2009, Zoya has become a Rs 200-crore sub-brand in the Titan stable which grosses over Rs 40,000 crore annually, with seven showrooms -- the latest addition being just last week at the Taj Mahal Palace Hotel here -- and an equal number of galleries. If everything goes as planned, and if the demand for luxury maintains the current growth momentum, we will have at least eight more boutiques by FY27, adding to our seven stores and seven galleries at present, CK Venkatraman, the managing director of Titan Company, which is a joint venture between the Tatas and the Tamil Nadu government, told PTI. On the investment side, he said each store commands at least Rs 40 crore, which means, they will invest over Rs 320 crore over the next three years. The investment in

Tata Motors in talks to raise $1 bn via stake sale in EV business: Report

Indian carmaker, Tata Motors has begun discussions with soverign wealth funds and private equity investors to sell a significant minority stake in the company's electric vehicle division

Women's Premier League: BCCI awards title sponsorship rights to TATA Group

The Board of Control for Cricket in India (BCCI) has awarded the title sponsorship rights of the Women's Premier League (WPL) seasons 2023-2027 to TATA Group.

After IPL, Tata Group bags title rights for Women's Premier League

Tata Group on Tuesday bagged the title rights for the inaugural Women's Premier League beginning in Mumbai on March 4. A BCCI source told PTI that Tata has secured the rights for five years. The Indian multinational conglomerate had last year replaced Vivo as the title sponsor for the Indian Premier League. "The deal has been inked for five years," the source said. The first edition will be played in Mumbai at two venues, Brabourne Stadium and DY Patil Stadium. The sale of media rights had fetched BCCI Rs 951 crore and the five teams were sold for Rs 4700 crore. At Rs 3.40 crore, Indian opener Smriti Mandhana was the most expensive buy at the auction held earlier this month.

Delighted to announce Tata Group as title sponsor of WPL: Jay Shah

The WPL 2023 will begin with a blockbuster clash between Gujarat Giants and Mumbai Indians on March 4 at the DY Patil Stadium

Tata Motors to induct 25,000 EVs into Uber's premium service in India

Tata Motors on Monday signed a memorandum of understanding (MoU) with ride-hailing platform Uber to induct 25,000 XPRES-T electric vehicles into its premium category service in India

Flipkart in talks to acquire Bengaluru-based e-pharma player Pharmallama

The deal may result in Flipkart gaining access to technologies of the platform, the people said on condition of anonymity

Air India, Vistara start integration process; joint town hall on March 2

Deloitte is working with senior executives from Air India and Vistara to integrate human resources while AZB Partners is working on regulatory compliance

Billionaire Raj: The rise of India's multi-business conglomerates

The experience of South Korea, Japan and Russia has shown that the conglomerate model often comes with political connections, but such comparisons can be overblown, writes T N Ninan

Air India order for 840 planes, with 370 as options: Airline executive

Order of 840 aircraft a culmination of a fascinating two-year journey: CCTO

Air India may find it cheaper to buy jets, thanks to Tata's credit profile

On the strength of its excellent financial track record, Tata Group was able to secure Power-By-Hour (PBH) agreements with engine manufacturers GE and Rolls Royce

How secret talks in London led to Air India's gigantic plane order

On Tuesday, Air India provisionally agreed to acquire almost 500 jets from Airbus and Boeing to take on domestic and international rivals

A jumbo deal

Air India's purchase commitment has multiple implications

Rolls-Royce announces order of Trent XWB-97 engines from Air India

British engineering company Rolls-Royce on Tuesday announced that it has received an order from Air India for 68 Trent XWB-97 engines, in addition to an option for 20 more. The large A350 aircraft of Airbus are powered by Rolls-Royce XWB engines. Air India on Tuesday sealed an order for procuring 250 Airbus passenger jets. The order comprises 40 Airbus A350s and 210 Airbus A320/321 aircraft. Separately, Air India ordered 220 planes from Boeing. "This is the biggest ever order for the Trent XWB-97, which exclusively powers the Airbus A350-1000. Air India has also ordered 12 Trent XWB-84, engines, the sole engine option for the Airbus A350-900," the company said in a statement. It said this is the first time that an Indian airline has ordered the Trent XWB and the deal will make Air India the largest operator of the Trent XWB-97 in the world. Rolls-Royce Tufan Erginbilgic said that the announcement marks an "exciting and truly remarkable" occasion for Tata Group and Air India. "The

Air India seals world's largest aircraft deal at $70 bn, orders 470 planes

Air India had last ordered planes in 2006, when it had booked 111 aircraft: 68 from Boeing and 43 from Airbus

Industry 4.0: Tatas to invest over Rs 4,200 crore in Uttar Pradesh

The state government has roped in Tata Technologies (TTL) to upgrade 150 government-run industrial training institutes (ITI) and align them to the requirements of Industry 4.0