Tata Sons chairman N Chandrasekaran called on Prime Minister Narendra Modi on Thursday ahead of the official handover of Air India to the Tata Group.
There will be changes in seating arrangements and also the dress of the cabin crew, say sources
The management control of national carrier Air India is set to be handed over to a subsidiary of Tata Sons.
At Rs 4,500 apiece, the two entities stand to rake in about Rs 12,993.2 cr
the TCS Board had approved an upto Rs 18000 crore buyback offer entailing 4 crore shares at Rs 4,500 apiece
Digital, new energy, supply chain resilience and health to be focus of the $100-billion conglomerate.
The state industries, energy and labour department will support in facilitating the necessary approvals as per the rules and regulations for setting up of the facility, the company said
Tata Group is in talks with with Tamil Nadu, Karnataka and Telangana and scouting for land for the outsourced semiconductor assembly and test plant, say sources
Group made the guarantee in September, before the government offered a four-year moratorium to the company.
Discontinued due to Covid restrictions, Railways to resume serving cooked food in trains
Transaction to be completed by early next year; plans merger with Air India Express once deal is done
Book review of Tata: The Global Corporation That Built Indian Capitalism
Tata owns 84 per cent stake in AirAsia India, allowing it to create a single airline entity quickly.
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The government on Monday signed a share purchase agreement with Tata Sons for sale of national carrier Air India for Rs 18,000 crore
With AirAsia India getting close to obtaining international flying rights, conglomerate Tata Sons, will in the near future, have four airlines with permits for overseas operations.
Group puts textile land in Karnataka on sale; it had earlier sold its stake in Eureka Forbes and in renewable power firm Sterling and Wilson
The top two players will control 80% of industry revenue
Tata also owns a majority stake in Vistara, a premium joint venture with Singapore Airlines Ltd, as well as budget airline AirAsia India.
GMR-run Delhi airport expects hub traffic to surge to 25 per cent in three years as the now cash-strapped Air India will expand its domestic and international network under the stewardship of Tatas