Page 30 - Tata Group

Top headlines: Amazon to manufacture locally, SAT stays SEBI ban on Biyani

Amazon said it will begin making devices in India for the first time. More on that story and other headlines this evening.

Tata Group to buy 68% stake in BigBasket for Rs 9,500 crore: Report

BigBasket top management are likely to stay on for three to four years, the report said

Tata Electronics signs MoU with Tamil Nadu to set up mobile components unit

The state has signed 28 memoranda of understanding (MoUs) for projects envisaging investments of around Rs 28,000 crore

Tata Motors launches founders' edition for Tata group employees

This limited edition line has been designed as a tribute to JRD Tata, Tata Motors' visionary founder. These select cars and SUVs will carry an insignia of JRD Tata

Tata Projects aims to close FY21 with a top line of Rs 12,000 crore

Himanshu Chaturvedi, chief strategy officer at Tata Projects, told Business Standard the firm was expected to close the financial year with an order book of Rs 55,000-60,000 crore

Govt likely to fetch around Rs 15,000 crore from sale of Air India

Prospective bidders are perhaps ascribing zero value to the equity of the financially-stressed company, a source said. The Tata group is being considered a frontrunner for acquiring Air India

Ports, roads, steel: 5 companies step up investments as economy recovers

India is focusing on improving its infra as the economy recovers after the coronavirus pandemic. A look at at what Tata Group, L&T, Adani Ports, Ultratech Cement, and JSW Steel plan to do

Tata's airline dilemma

A Tata takeover of Air India is being seen as the best outcome for all concerned

Tata Medical in talks to launch Moderna Covid-19 vaccine in India: Report

(Reuters) - Tata Medical & Diagnostics is said to have started initial discussions with Moderna Inc for a partnership to launch its COVID-19 vaccine in India, the Economic Times reported on Monday.

Top headlines: Govt plans to lift cap on flights, firms call for tax relief

The government has initiated discussions with airlines to allow them to operate in full capacity and Allocation for the Jal Jeevan Mission is expected to rise two-fold in the upcoming Budget

Tata versus Mistry: Lenders hold out hope on Supreme Court verdict

While SP group sources said the verdict and debt rejig plans are unrelated, lenders said the group will be able to raise substantial sums if the SC allows it to pledge its shares in Tata Sons

What unicorns' coming of age means for big business and retail investors

While foreign investors like Japan's Softbank, China's Alibaba, and the US' Sequoia are big players in the start-up space, India doesn't have a serious VC sector with risk appetite, writes T N Ninan

Tata Steel Long back in the black in Q3, posts PAT of Rs 304 cr; stk up 13%

The company has posted a consolidated net loss of Rs 112 crore in the year-ago quarter

From Tatas to RIL, India Inc goes into hiring mode as demand picks up

IT and auto lead the spurt in hiring so far; most of the jobs for junior or entry levels

TCS market capitalisation touches all-time high of Rs 12 trillion

Currently, TCS is India's second most valuable firm after Reliance Industries (RIL) which has a market cap of nearly Rs 12.9 trillion (includes market cap of partly-paid up shares)

Nifty rejig: This Tata Group firm could replace GAIL in next review

The index is reconstituted semi-annually, considering six months data ending January and July

Tata Chemicals in advanced talks for Archean's industrial salt unit

A potential deal could offer a reprieve to Archean, which has been struggling to service its debt obligations for the past two years

Tata Elxsi net profit up 39.5% at Rs 105.2 crore in Dec quarter

Tata Elxsi on Tuesday said its net profit has increased 39.5 per cent to Rs 105.2 crore for the December 2020 quarter. The company had registered a net profit of Rs 75.4 crore in the year-ago period, Tata Elxsi said in a regulatory filing. Its revenue from operations rose 12.7 per cent to Rs 477.1 crore for the said quarter from Rs 423.4 crore in the corresponding period last fiscal, it added. In a statement, Tata Elxsi CEO and Managing Director Manoj Raghavan said the company saw all-round growth across industries and geographies. "We continue to execute strongly on both top line and bottom line, with double-digit quarter-on-quarter revenue growth and industry-leading operating margins. Our Healthcare business continues to accelerate, while Media and Communications reported another strong quarter of sustained growth," he said. Raghavan added that the company has seen new customer additions and large deals in both the industries in the quarter. "We are seeing a sustained recovery

Rekha Jhunjhunwala ups stake in Tata firm stock amid 5x gain since March

According to the publically available data on Reuters, analysts have a consensus BUY rating on the stock

Tata Power takes over power distribution in western, southern Odisha

Tata Power has taken over the management and operations of Western Electricity Supply Company of Odisha (WESCO) and SOUTHCO Utility upon completion of sale process