Page 16 - Tata Sons

Top headlines: Tatas in talks for AirAsia stake, google tax collection dips

From govt calling off merger of three public general insurers to technology players in fray for railway signalling tender, here are top headlines of the day.

Tata Sons in talks to acquire AirAsia India stake at a steep discount

The Tata group is likely to tie up with other financial investors to acquire its Malaysian partner's 49 per cent stake in AirAsia India, said banking sources.

Tata Power to raise Rs 2,600 crore from Tata Sons via preferential issue

Tata Power board approves setting up of renewables InvIT

Be strategic rather than opportunistic

The "long game" should be the new face of business strategy

I-T tribunal stays tax demand against Tata Education and Development Trust

The Rs 100-crore tax demand on Tata Education and Development Trust was raised last year by the I-T department owing to cancellation of registration on past exempted income.

My stand on Tata legacy hotspots is vindicated: Cyrus Mistry to SC

In his affidavit filed in the Supreme Court, Mistry gave details on businesses which, he claimed, had failed due to wrong business calls made by Mistry's predecessor, Ratan Tata.

Tata trustees' conduct violated rules of insider trading, says Cyrus Mistry

Mistry further said that it is the time the trustees are held accountable

Allowing 75% of TCS staff to WFH by 2025 a guesstimate: N Chandrasekaran

The firm said it was rewiring its security processes, and deploying artificial intelligence and bots to ensure there is no data leakage in its pursuit for providing seamless work from home experience.

Top headlines: Fitch predicts growth at 9.5% in FY22, AGR hearing, and more

From S&P retaining India's sovereign rating and outlook, SC relief to Amrapali homebuyers to HUL's crorepati club shrinking, here are top news of the day

Tata Sons may dip into overseas debt markets to meet fund requirements

The size of the international fund offering has not been decided as yet and it is one of the options on the table, said a banker close to the development

Enough cash flow to tide over Covid-19 crisis: Tata Sons chairman

Tata Sons is in strong financial position with adequate cash flows to support the group companies and new growth initiatives, said Chandrasekaran

Not looking to monetise investments to raise capital: Tata Sons chairman

Tata Group, like all other companies, is facing both challenges and opportunities arising out of the coronavirus pandemic and resulting economic situation

Hail the verdict and appeal against it!

Cyrus Mistry's reinstatement as chairman and director of the Tata companies for the rest of his tenure was symbolic at best as he hardly had any significant tenure left

Tata Tele to sell residual businesses to repay banks, gets promoter support

Tata Sons infused about Rs 46,595 crore in Tata Teleservices between January 2014 and December 2019

Tata-Mistry dispute will test the rights of minority shareholders: Lawyers

The SC on Friday agreed to hear a plea filed by the SP Group challenging the National Company Law Appellate Tribunal's (NCLAT's) December order

SC issues notice to Tata Sons on cross-appeal by Mistry against NCLAT order

The top court had on January 10 granted relief to Tata group by staying the National Company Law Appellate Tribunal order of December 18 last year

Invest in trust to promote entrepreneurship

What we observe currently is a dilution of the formal channels of communication, while there is not much evidence of the informal ones evolving

All for liquidity: Watch every rupee, chase dues, and refinance debt

Refinancing high-cost debt into low-cost debt is possible, thanks to the RBI's TLTROs

Ratan Tata hopes entrepreneurs will create new benchmarks of tomorrow

In a post on social media platform Instagram, Tata hoped that entrepreneurs will find a better way to run their operations following the pandemic that has severely disrupted economic activity.

Big names in Indian philanthropy team up to respond to climate change

Some of the biggest names in Indian philanthropy have teamed up with researchers and more to craft an India-specific response to the climate crisis. Nikita Puri reports on the development