Page 25 - Tata Group

Auditor flags Tata Steel Europe's ability to carry on as going concern

The operational revenue of Tata Sons fell by 62% to Rs 9,460.24 crore in FY21 as against Rs 24,770.46 crore reported in the previous year

Tata Sons seeks shareholders' approval to raise Rs 40,000 crore in debt

The shareholders will vote on the proposal on September 14 at the company's annual general meeting

S&P places issuer ratings on Tata Group firms on CreditWatch positive

'Although the group companies still operate independently under professional directors and management, we observe a greater influence of Tata Sons on the strategy and financial policies of the group'

Despite India's poor track record, Tata takes a gamble on semiconductors

Globally, every country, including India, is looking at reducing its dependence on imports for chips and moving towards self-sufficiency

Reliance backs govt on proposed e-commerce rules as Tatas oppose

Stand on marketplace draft at variance with Tatas

Govt will support establishing semiconductor industry in India: Goyal

The statement comes days after Tata Group announced its intention to enter the semiconductor business

Decoded: Why commerce minister Piyush Goyal is peeved at some in India Inc

Indian industry would import even if it helped them save just 10 paise in the finished cost of goods, and then lobby to avoid the levy of anti-dumping duties on such imports, Goyal said

Ambitious again? Tata group entering too many global giants' turfs all at once

With its unrelated new initiatives, the group will enter the turfs dominated by the likes of Intel, Samsung, Tesla, Huawei, Amazon and Walmart- all of which are more focused than it - writes T N Ninan

Top headlines: Tata group mulls chips business, FM speaks on scrapping tax

Business Standard brings you top headlines this morning

Tata group is looking to enter semiconductor manufacturing: Chandrasekaran

Tata group chairman's remarks come at a time when automobile makers across the world are facing a severe shortage of semiconductors, hitting their businesses

After 5G equipment, Tata Group looking to enter semiconductor manufacturing

Tata Group is looking to make a foray into semiconductor manufacturing, Chairman N Chandrasekaran said on Monday. Pegging the market opportunity of high-tech manufacturing of electronics at USD 1 trillion, Chandrasekaran said Tata Group has already set up a business to seize the opportunity. His remarks come days after the USD 100-billion group announced entry into 5G equipment manufacturing and a string of acquisitions to create the Tata Digital business. Semiconductor manufacturing, which involves building chipsets among other things, requires high investments and India does not have any such facility yet. Chandrasekaran explained that alterations to the global supply chains, which are heavily dependent on China, in the aftermath of the pandemic and geopolitical changes, will make businesses shift their reliance on other countries and called this a huge opportunity for India, which becomes the second base. At the Tata Group, we have already pivoted into a number of new businesse

Tata Chemicals consolidated first quarter net surges to Rs 342 crore

The firm was helped by a rebound in soda ash volumes in the US and India.

Tata aims to get back into telecom game with 5G, using TCS' strengths

Together with TCS, the conglomerate is creating capacity to take advantage of the big new opportunity in 5G network and broadband rollout by acquiring a reputed telecom gear manufacturer and tying up

Tata Sons subsidiary to buy 43.3% stake in Tejas Networks for Rs 1,850 cr

Tejas Networks said Panatone and some other companies of the Tata Group would make a public announcement to acquire up to 40.3 million equity shares of Tejas Networks

Tata Steel rides metal rally to become second biggest firm in group

It accounts for 9.2% of group m-cap, highest in a decade

Top headlines: Tata group's legacy issues; tweaks to LIC surplus payouts

Business Standard brings to you the top headlines on Tuesday

Tata group continues to battle legacy issues; TCS remains prime cash cow

Ex-TCS, group posted net loss for the third straight year in FY21

Tata gets bullish on e-commerce just as rules threaten to transform market

Tata Group is taking a more vocal interest in rules shaping online marketplaces, hinting at ambitions as it reappraises its retail strategy just as e-commerce reform threatens to muddy plans

13 years after Singur fiasco, Bengal minister says Tatas 'most welcome'

Industry and IT Minister Partha Chatterjee has said talks are on with the Tatas for big-ticket investments in the state.

Tata group's Voltas appoints Jitender Verma as chief financial officer

Tata group consumer durables major Voltas Ltd on Monday said it has appointed Jitender P Verma as its chief financial officer (CFO). Verma, who was the senior Executive Vice President and Group CFO and a Member of the Board and Executive Committee of Thoresen Thai Agencies Public Ltd Company, Thailand, will succeed Anil George, who has decided to separate from the services of the company due to personal commitments, Voltas Ltd said in a regulatory filing. His appointment is with effect from July 19, 2021, it added. With over three decades of experience in organisations ranging from Asian conglomerates to American and European multinationals, Verma has worked in diversified manufacturing sectors, FMCG - food, agro, retail, electronics, and infrastructure, the company said. He was also Executive Director and Group CFO of Jindal Stainless Ltd. His expertise is "in the area of business strategy and planning, merger and acquisitions, P&L enhancement, restructuring, JV and strategic ..