Page 3 - Tata Group

Adani crisis unlikely to spill over to other Indian conglomerates

Adani is an outlier, not representative of India Inc. as a whole," economists Abhishek Gupta, Scott Johnson and Tom Orlik said in their report Tuesday

Tata mulls merger of arm for exemption from RBI as NBFC upper layer tag

Legal sources said Tata Sons will have to submit audited financial data of each subsidiary and its step-down subsidiaries--about 1,300 firms in all--in order to seek exemption

Air India to add over 90 planes in two years in first order since 2006

This includes 56 planes that are part of mega aircraft order signed with Airbus and Boeing. These will be in addition to previously announced leases of 36 planes

Weak tea biz a drag on domestic sales performance of Tata Consumer Products

International margins fall sharply on cost inflation, price lag in December quarter

Air India to borrow Rs 18K-cr from SBI, BoB to refinance existing debt: Rpt

These loans will be in continuation of the debt facility Tata Group received following the acquisition of Air India

Tata Sons exploring ways to get out of upper layer NBFC list: Report

Since the collapse of IL&FS in 2018, the RBI has been gradually tightening the regulatory framework for NBFCs

Q3 results: Titan posts surprise net profit fall, shares sink over 1%

The quarter witnessed a strong festive consumer demand, Titan Company Managing Director C K Venkataraman said

Tata Power ties up with Contour for digital trade finance network

Tata Power on Monday said it has partnered with Contour, a leading digital trade finance network based out of Singapore, to make its financial management process more robust, transparent and efficient. Contour's network uses decentralised technology (blockchain) to bring together companies, banks and ecosystem partners, onto a trusted network, to help create a streamlined digital trade finance workflow, a statement said. The integration enables trusted data flow across the world's trade routes and current fragmented ecosystems it explained. Manual and paper-based processes in finance slow trade growth by creating additional complexity and costs. "Tata Power's collaboration with Contour will pave the way for a seamless trade finance process one that can be made significantly efficient with the robust blockchain-based solution," Sanjeev Churiwala, Chief Finance Officer, Tata Power said in the statement. By joining Contour's network, Tata Power is implementing an end-to-end digital

Air India likely to post consolidated profit in current fiscal: Report

Air India had been ailing for a long time, before the Tata Group took it over on January 27 last year

1 year on: A snapshot of Air India's performance under the Tata group

The carrier has taken various steps to improve its performance such as starting flights on 16 international routes, hiring 1,200 people, doubling average daily revenue

Air India's progress has been nothing short of stunning: CEO Wilson

Air India chief Campbell Wilson on Friday said the airline's progress over the last 12 months has been "nothing short of stunning" and there is much more to be done as Tata group completes the first year of takeover of the carrier. Listing out the major initiatives over the last one year, Air India said it is "finalising a historic order of new aircraft to power future growth". Campbell also said that while working on improvements, the airline has not shied away from other ambitious actions such as merging Air India Express with Air Asia, or Vistara with Air India, or kicking off the establishment of a new InfoTech Centre, or an Aviation Academy. "And that's not to mention our much talked-about short- and-medium term fleet expansion," the CEO and MD of Air India said in a communication to the employees. Tata group took control of Air India from the government on January 27 last year. "Taken together, the progress over the last 12 months has been nothing short of stunning, even if

Tata's Air India to seal half of jumbo plane order of 495 jets: Report

The order, once finalised, aims to put Air India in the league of large global airlines

One year since Tatas took over Air India, here's how the journey has been

From expanding its reach to bringing in cultural changes, the flight has had its challenges

Pilot's licence suspension over passenger incident 'excessive': Air India

The regulator also suspended the licence of the pilot-in-command on the New York-New Delhi flight for three months

Tata group-owned AIX Connect violates norms on pilot proficiency checks

The airline is alleged to have violated the norms pertaining to Pilot Proficiency Check and Instrument Rating tests (PPC/IR) and could face a financial penalty of up to Rs 1 crore

Tanishq enters American market; first store inaugurated by Senator Menendez

Menendez said the arrival of Tanishq at this popular Indian shopping destination is significant and different from others

Tata Boeing Aerospace JV delivers first fuselage for Indian Army

The Apache will provide the Indian Army with a significant boost in capability just as the AH-64 did for the Indian Air Force," says Salil Gupte, who heads Boeing India

New brew: Tata group's Amalgamated Plantations to enter tea tourism

'Any additional revenue stream welcome,' says the company that has estates in several states

Amazon back as world's most valued brand, Apple down to No 2: Brand Finance

Tech brands lose value; Tata Group and Infosys climb the charts

Ratan Tata sets up new endowment trust, likely to fund charities in future

Trusts and foundations are typically set up for estate planning, not investments