Page 21 - Tata Sons

Tata group eyes private equity investor in financial services business

TCFSL's net interest margins (NIMs) declined to 4.62% in FY19

Vistara gets Rs 500-crore fund infusion from Tata Sons, Singapore Airlines

Vistara, which began operations in January 2015, launched its international operations last month with flights to Bangkok, Dubai, and Singapore

Shareholders of Tata Sons approve a proposal for 1000% dividend

The 1,000% dividend will help Tata Trusts, which owns 67 per cent in Tata Sons, to invest in charitable activities. The total dividend outgo will be Rs 404 crore

Tatas to infuse more funds into financial services firms TCFSL and TMFL

Total assets of financial services subsidiary cross Rs 110,000 crore

Tata Sons' FY19 net rises 30% to Rs 1,144 crore on TCS share buyback

In the financial year 2017-18, Tata Sons had sold TCS shares worth Rs 9,000 crore in the open market, which had resulted in higher other income

Tata Projects to mop up Rs 1,000 crore to fund infrastructure projects

Tata Projects is a subsidiary of Tata Sons, the holding company of the Tata group, and all loans will be guaranteed by the parent, said a banking source

Public shareholding rule to bring additional Rs 57,000 crore to Tata Sons

Holding company will need to reduce its stake in TCS from 72% to 65%

Tata Sons to infuse additional Rs 1,250 crore in financial services arm

Tata Sons had earlier invested Rs 785 crore in 2016-17 in the financial services business as equity

Two directors Amit Chandra, Ranendra Sen leave at Tata Sons board meet

With the two exits, the nine-member board of Tata group's holding company (excluding Chairman N Chandrasekaran) will reduce to seven

Tata Sons chairman N Chandrasekaran cautions on macro challenges in 2019

In a year-end letter, Tata Sons head says group needs to have a sharp focus on managing costs

Focus on what you can control: Chandrasekaran to Tata workers amid hurdles

Tata Sons Chairman N Chandrasekaran reiterated that there was much more work ahead to do, including simplifying the structure of the over $100-bn conglomerate

Nusli Wadia defamation suit: Court summons Ratan Tata, Tata Sons directors

Respondents to stand trial for criminal defamation under Indian Penal Code, face simple jail term of up to 2 years, with fine

After resigning from Tata Trust, Amit Chandra plans to quit Tata Sons board

Amit Chandra was the only representative on the board representing the trusts

Tata Sons sees dividend income rise 4.2% to Rs 75.69 billion in FY18

The firm also made substantial income last year through profit on sale and redemption of investments worth Rs 95.54 billion

Tata Sons writes off entire Rs 286-bn investment in Tata Teleservices

Tata Sons is in the process of transferring the consumer mobile business of Tata Teleservices to Bharti Airtel

Tata Sons shores up stake in Tata Motors to 34.2% as UK biz faces headwinds

At the end of the quarter ended September, the Tata Group holding company increased its stake in the flagship firm to 34.2 per cent from 33.3 per cent in June

Irdai asks insurers to sell their holdings in Tata Sons promptly

The regulator has also rejected an alternative proposal made by the companies

Tata Sons to invest Rs 12.5 bn in Tata Capital as equity by March 2018

Tata has already put in an equal amount to help Tata Capital meet capital adequacy norms

Tata Sons receives a clearance from Registrar of Companies to go private

Paving the way for the change, the NCLT bench comprising B S V Prakash Kumar and V Nallasenapathy, in its July 9 order, had justified Tata Sons' move

Tata Sons posts flat growth under Chandrasekaran's first year in office

As on July 31, Tata Sons' standalone cash and cash equivalents were about Rs 55.87 billion, which would be used to fund its ambitious growth plans