Page 32 - Tata Group

Mistry stake valued at Rs 80,000 crore at most, says Tata group in SC

This is in response to Rs 1.78 trn sought by Mistry family; Tata Sons counsel says NCLAT judgement setting aside Chandra's appointment went beyond the scope of judicial review

Go big or bow out: Tata at crossroads as airline biz reaches critical point

India has been trying unsuccessfully to sell its unprofitable national airline for years

Top Headlines: Modi underlines need for reforms, Tata's airlines in a bind

SBI expects its earnings to be better than it had reckoned before and India considers speeding up emergency review of two coronavirus vaccines

Radhakishan Damani, others sell 0.79% stake in Tata's Trent for Rs 202 cr

Radhakishan Damani, promoter of Avenue Supermarts, and persons acting in concert have trimmed stake in Tata group's retail arm, Trent, by selling shares for an estimated sum of over Rs 202 crore

Supreme Court adjourns hearing in Tata Sons-Mistry case to December 8

The Tata group has appealed against a National Company Law Appellate Tribunal (NCLAT) order

Tata Group in advanced talks to buy 80% stake in BigBasket for $ 1.3 bn

Mumbai-based Tata Group, with a combined revenue of about $113 billion and marquee brands such as Jaguar Land Rover and tea maker Tetley, is scouting for local e-commerce assets

Indian Hotels looks East, signs three-hotel deal with Ambuja Neotia Group

This and three other properties being developed by the Kolkata-based Group will enable IHCL to double the number of rooms to 2,000 in four years in a strategically important region for the company

CCEA allows ATC to increase stake in tower business for Rs 2,480 cr

The acquisition follows the exercise of a 'put' option by Tata Teleservices (TTSL) and Tata Sons.

Top headlines: India may get 1st vaccine by Feb, FMCGs expand rural reach

India is likely to issue an emergency use authorisation to at least one Covid vaccine by the end of January and health workers will be the first to be inoculated. More headlines in our evening roundup

Tata, Birla, Bajaj, and Piramal Group may lead race for bank licence

A top Tata group official said the group is really interested in getting into banking but it is too early to elaborate as only recommendations are out and work is in nascent stage

Singapore Airlines' India venture Vistara eyes direct flights to U.S.

Flag carrier Air India is the only Indian airline currently offering direct flights to the US

Tata Power consolidated net profit rises 10% to Rs 371 crore in Q2

On a consolidated basis, Tata Power Group's Q2 FY21 revenue was up by 15 per cent at Rs 8,413 crore as compared to Rs 7,329 crore last year.

Atmanirbhar move: Tata Steel to source entire domestic requirement from Hind Zinc

Under the MoU, Hindustan Zinc will cater to both Tata Steel & Tata Steel BSL

TataMD launches test for Covid-19; ready with 1 mn tests a month capacity

Tata Medical and Diagnostics launched new diagnostic testing for Covid-19, claiming it to be more efficient and simpler than the existing ones

Tata vs Shapoorji Pallonji case adjourned; hearing expected after Diwali

Mistry has pegged the valuation of the firm's 18.4 per cent stake in Tata Sons at Rs 1.78 trillion.

Govt likely to get tax bonanza under Mistry exit plan, say experts

A legal source said the Mistrys would have to sell shares in listed Tata companies to pay the tax (if Tata Group agrees to the Mistry plan) and lower their stakes in them

Shapoorji Pallonji Group stakes claim in all Tata companies, seeks division

Mistry family's group claims a 13.22 per cent stake in Tata Consultancy Services and a pro-rata share of the Tata brand

Top headlines: Maruti Q2 profit up 2%, SP Group claims stake in Tata firms

India's front line health workers will be the first to be inoculated once an effective vaccine is available. More headlines in our evening roundup.

Looking to go omnichannel, BigBasket may seal deal with Tatas soon

Reports say the online grocer is in talks with salt-to-software conglomerate to sell around 50 per cent of its stake in the company for around $1 billion

Tata Group to set-up electronic components manufacturing unit in Chennai

A government official told PTI that a Tata Group firm has applied for incentive at Meity but could not confirm other details