Page 8 - Tata Group

Boeing offers 737 Max jets to Air India amid US-China trade tensions

Boeing Co. is offering 737 Max jets once slated for Chinese customers to Air India Ltd. as the planemaker tries to offload some of the roughly 140 aircraft it's currently not allowed to deliver

What does the merger of Vistara and Air India mean for Tata's aviation biz?

Singapore Airlines and Tata group are in talks, exploring viability of merging Vistara and Air India. If materialised, what will this merger mean for Tata's aviation ambition? Let's dwell into details

Tata Electronics shifts to hiring mode in Tamil Nadu; to add 10-15% staff

Tata Group to set up an iPhone assembling unit in JV with Wistron, in the state's Krishnagiri district

Tata Power hit by cyber attack, says critical systems functioning

The company did not divulge which systems were impacted

Air India in talks with aircraft makers to buy planes: CFO Vinod Hejmadi

Air India is in discussions with aircraft manufacturers for acquiring planes as the Tata group-owned airline plans to expand its fleet by three times compared to the current size, a senior executive said on Friday. Air India Chief Financial Officer Vinod Hejmadi also said the airline is currently in the "taxiing phase" and it will take two years before it takes off, consolidates and enters the growth mode. Since taking over Air India in January this year, Tatas have unveiled a comprehensive transformation plan for reviving the loss-making airline. The plan focuses on five factors -- industry leadership, robust operations, commercial efficiency, industry best-talent and exceptional customer experience. "In the Air India transformation journey, we are looking for, in the next five years, 30 per cent market share and we are planning to grow our aircraft fleet three times of what we currently have... We are looking forward to ensuring that we add on capacity for growth (and) discussions

Singapore Airlines confirms Vistara-Air India merger discussions

SIA, however, has cautioned its investors that there is no certainty of a deal

SIA in talks with Tata group for possible merger of Vistara, Air India

SIA owns 49% of Vistara in JV with Tata Group; Vistara could be merged into Air India, which is headed by former SIA executive

Tata Group has no plans to enter 5G consumer space, says N Chandrasekaran

Tata Sons Chairman N Chandrasekaran on Tuesday said the conglomerate does not have any plans to have a 5G offering for consumers. He said the group, which exited its consumer-facing telecom service due to losses a few years ago, has concentrated its efforts on building modern technology infrastructure for 4G and 5G and is also investing in 6G. "On the 5G, we don't have plans for getting into consumer business. We have exited that business," Chandrasekaran said at the 'Lokmat Maharashtrian of Year 2022' award ceremony here. He said the technology being built by the group companies is fully indigenous, and will be tested first for being eventually implemented on a large scale. There are already enquiries for its offerings, he added. Asked about the group's plans to consolidate four airlines in its portfolio, Chandrasekaran said it wants to create a single airline with two platforms -- a full-service carrier and a low cost carrier (LCC). "We will definitely have both full services an

TCS needs to breakout over Rs 3,150-level for fresh rally, chart says

There is an "Inverse Head and Shoulder" pattern getting established on the daily chart. Technically, this pattern breakout over Rs 3,150 levels would add aggressive bets on the stock.

Tata to triple Zoya stores by 2027 as India's new rich fuel brand expansion

India's expected surge of rich consumers is driving the jewelry unit of Indian conglomerate Tata Group to triple its Zoya-branded stores by 2027

TCS beats Street estimates in Q2, net rises 8.4%; attrition remains high

Net profit has crossed the Rs 10,000-crore mark for the first time

Titan's Taneira shrugs off Covid blues to shake up the saree market

After jewellery and eyewear, Titan looks for an encore in another large segment that is mostly a commodity play

Analysts bet on TaMo's India biz as JLR Q2 sales disappoint; stock dips 5%

Following the development, global brokerage JP Morgan downgraded the stock from 'overweight' to 'neutral' with a September 2023 price target of Rs 455.

Eye on 5G opportunities, Tatas to recast telecom biz with extra funding

In June this year, the central government allowed enterprises to set up captive non-public networks to buy 5G spectrum directly from DoT, to establish their isolated networks

At home in super luxury: the rise of a real estate trend

The sale of properties that only the super-rich can afford is bumping up two years after the pandemic hit the country

Yogi Adityanath invites Tata group to participate in investor summit

Uttar Pradesh Chief Minister Yogi Adityanath on Friday invited Tata group to participate in the Global Investors Summit slated for February next year while highlighting the environment created by the state for attracting investment. According to an official release, the chairman of industrial group Tata Sons, N. Chandrasekaran made a courtesy call on the Chief Minister of Uttar Pradesh at his official residence here during which discussions were held regarding future investment plans of Tata Sons in various areas of the state. Referring to state government plans to organize the Global Investors Summit in February 2023, the CM invited Tata Sons to participate in it. In the last five years, the state government has created a better environment for investment and entrepreneurship in the state by undertaking extensive reforms in various sectors, the CM stressed. Appreciating the efforts for holistic development of Uttar Pradesh N. Chandrasekaran said that a favorable environment has be

TCS set to win $2-billion deal from BSNL for 4G and 5G roll-out

The official said Tata's recently acquired subsidiaries Tejas Network and Saankhya Labs would also participate in producing necessary equipment as per the deal

Air India halves discount on basic fares for senior citizens, students

Tata Group-owned full-service carrier Air India has reduced by half the discount offered on basic fares to senior citizens and students in the economy class on its flights, according to its website. The revised discount on basic fares is effective from September 29. Tata Group took control of the loss-making Air India from the government on January 27, this year. "... (under senior citizen and student concession) for tickets issued on/after 29th September 2022, 25 per cent (discount) of basic fare will be applicable on select booking classes in economy cabin," as per the website. Air India earlier was offering 50 per cent discount on select booking classes in economy cabins of its aircraft to these two categories of travellers, according to the website. Separately, in a circular dated September 28, the airline said "it has been decided to revise the concessionary fares with effect from 29th September 2022. The changes are applicable for tickets issued on/after 29th September ...

TaMo takes a shot at mainstreaming EVs with sub-Rs 10-lakh priced e-Tiago

India's first electric car is acknowledged to be the Lovebird, from Eddy Current Controls (India) in 1993

Tier-2 & 3 regions are goldmines for e-commerce firms: Amazon India V-P

Amazon India has witnessed a significant demand for services from Tier-1 and Tier-2 regions for its flagship sale event