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Page 8 - Tata Sons

Tata Sons' board takes stock of Air India acquisition

The company will be raising around Rs 15,000 crore as debt from banks to fund Air India acquisition

Tata Sons' board takes stock of Air India acquisition
Updated On : 12 Oct 2021 | 11:38 PM IST

Air India sale kicks off privatisation drive, next up LIC listing: Official

Tuhin Kanta Pandey, spearheading the drive to sell state enterprises or shut them down, said the government hoped to complete the valuation exercise of LIC by November-December

Air India sale kicks off privatisation drive, next up LIC listing: Official
Updated On : 12 Oct 2021 | 9:03 PM IST

After Air India buy, Tata Sons asks govt to ease regulatory process

The Tata group currently operates two airlines -- Vistara and AirAsia India

After Air India buy, Tata Sons asks govt to ease regulatory process
Updated On : 12 Oct 2021 | 5:56 PM IST

Top headlines: Shah reviews coal crisis; Tata seeks to consolidate airlines

India may look at increasing tax on some goods and services in a step toward moving to a simpler structure. More on that in our top headlines this morning.

Top headlines: Shah reviews coal crisis; Tata seeks to consolidate airlines
Updated On : 12 Oct 2021 | 7:22 AM IST

Tata Sons board meet on Tuesday to discuss Air India acquisition

In AGM held in September, shareholders had approved up to Rs 40,000 cr debt raise plans. Of this, the board may clear raising Rs 15,000 crore, says source

Tata Sons board meet on Tuesday to discuss Air India acquisition
Updated On : 12 Oct 2021 | 1:13 AM IST

Air India sale: Modi govt's first privatisation in 7 years; what next?

With the successful sale of Air India to the Tata group, Prime Minister Narendra Modi's government has restarted the long-stalled privatisation programme. Can it do a Vajpayee? Watch this report.

Air India sale: Modi govt's first privatisation in 7 years; what next?
Updated On : 11 Oct 2021 | 9:41 AM IST

Tata group may need to invest $1 billion to upgrade Air India fleet

The government is expected to issue a letter of intent (LoI) to Tata Sons next week, following which the share purchase agreement will be formalised

Tata group may need to invest $1 billion to upgrade Air India fleet
Updated On : 11 Oct 2021 | 6:07 AM IST

Air India employee unions pledge support to Tata Sons, but concerns persist

Mood upbeat among AI employees over disinvestment but concerns persist over arrears, salary cuts, medical benefits

Air India employee unions pledge support to Tata Sons, but concerns persist
Updated On : 09 Oct 2021 | 8:16 PM IST

Top headlines: Tatas back in the Air India cockpit, TCS PAT rises 14% in Q2

Along with the brand and the slots of the debt-ridden state-owned airline, the Tatas will get the low-cost subsidiary Air India Express and a 50 per cent stake in ground handling firm AISATS.

Top headlines: Tatas back in the Air India cockpit, TCS PAT rises 14% in Q2
Updated On : 09 Oct 2021 | 7:28 AM IST

Tatas have liberty to refer new balance sheet to CAG-approved CA: TK Pandey

DIPAM Secretary says rescue missions such as Vande Bharat are on a cost recovery basis. Air India One has been transferred to the Indian Air Force. This will also be on a cost recovery basis

Tatas have liberty to refer new balance sheet to CAG-approved CA: TK Pandey
Updated On : 09 Oct 2021 | 4:14 AM IST

Air India returns to Tatas after group puts in winning bid of Rs 18,000 cr

Airline will return to Tatas after 68 years; first privatisation move in two decades

Air India returns to Tatas after group puts in winning bid of Rs 18,000 cr
Updated On : 09 Oct 2021 | 3:12 AM IST

Tata Sons wins bid: Air India may see turnaround as debt eases by 75%

Air India reported an operating profit of Rs 1,787 crore in FY20 on a consolidated basis but reported a net loss of Rs 7427 crore due to interest and depreciation costs

Tata Sons wins bid: Air India may see turnaround as debt eases by 75%
Updated On : 09 Oct 2021 | 6:03 AM IST

Tata Sons makes winning bid of Rs 18,000 cr for Air India: Govt

The bid got approved by a group of ministers headed by Home Minister Amit Shah on October 4, said DIPAM Secretary

Tata Sons makes winning bid of Rs 18,000 cr for Air India: Govt
Updated On : 08 Oct 2021 | 5:22 PM IST

Amit Shah-led ministerial panel to soon approve Air India sale

Clarification comes amid reports that Tata Sons may have won the bid

Amit Shah-led ministerial panel to soon approve Air India sale
Updated On : 01 Oct 2021 | 10:43 PM IST

Tata Sons winner of Air India bid? Govt says no decision taken as yet

DIPAM Secretary, in a tweet, said the government has so far not approved the financial bids for Air India

Tata Sons winner of Air India bid? Govt says no decision taken as yet
Updated On : 01 Oct 2021 | 3:06 PM IST

The Morning Show - Ep 6: SP Group crown jewel, Quad summit, and Evergrande

Will the Mistrys succeed in selling their crown jewel? How does Nilesh Shah see Evergrande crisis affecting India markets? What should PM Modi expect from Quad? Listen this podcast to get the answers

The Morning Show - Ep 6: SP Group crown jewel, Quad summit, and Evergrande
Updated On : 24 Sep 2021 | 10:43 AM IST

Ratan Tata, Chandrasekaran deny reports of leadership changes at Tata Sons

Both Tata and Chandrasekaran were reacting to media reports that a new CEO position will be created in Tata Sons to oversee the group's business

Ratan Tata, Chandrasekaran deny reports of leadership changes at Tata Sons
Updated On : 15 Sep 2021 | 11:56 PM IST

Top headlines: Chairman rules out Tata Sons' revamp; telcos get govt relief

Business Standard brings you the top headlines from today

Top headlines: Chairman rules out Tata Sons' revamp; telcos get govt relief
Updated On : 15 Sep 2021 | 8:21 PM IST

Financial bids received for Air India disinvestment; Tatas among suitors

Financial bids for Air India disinvestment received by Transaction Adviser. Process now moves to concluding stage, says DIPAM Secretary

Financial bids received for Air India disinvestment; Tatas among suitors
Updated On : 15 Sep 2021 | 8:14 PM IST

Shareholders of Tata Sons clear proposal to raise Rs 40K cr as fresh debt

The nod comes at a time when the group has ambitious plans to enter the e-commerce business

Shareholders of Tata Sons clear proposal to raise Rs 40K cr as fresh debt
Updated On : 15 Sep 2021 | 2:32 AM IST