Page 2 - Tata

Eye on maximum value, lenders say no to Reliance Capital liquidation

"Lenders will decide on the further course of action, including the stance for negotiations on Friday," the source said

Indian legal system a hurdle for aircraft lessors: Air India to govt

Lessors wish to set up SPVs outside India

Tata CLiQ Luxury expands its luxury fashion category with launch of Le Mill

Partnership will offer international brands in apparel, accessories, and footwear

Tata Group plans to merge carriers under Air India, scrap Vistara brand

Tata is considering scrapping Vistara brand, Singapore Airlines Ltd's local affiliate in South Asian nation; Singapore Airlines is evaluating the size of stake it should take in the combined entity

Tata Group plans to add up to 45,000 workers at iPhone parts plant

The plant in the industrial town of Hosur, in Tamil Nadu state, will hire as many as 45,000 women workers within 18 to 24 months as it sets up new production lines

Tata plans to borrow Rs 15,000 crore for Air India's working capital

The money will be used to cover day-to-day air operations and losses, refurbish the fleet, pay aircraft rentals and overhaul IT operations, according to sources

Pact to set up Tata-Airbus project in Guj inked under MVA rule: Maha min

Maharashtra minister Uday Samant on Friday claimed that the deal to set up the Tata-Airbus C-295 transport aircraft project in Gujarat had been signed by the Centre in September last year when the Maha Vikas Aghadi (MVA) government was in power in the state. The state Industries Minister also slammed the opposition for creating "confusion" over the project. Samant said the Memorandum of Understanding (MoU) to set up the aircraft unit in Gujarat was signed by the Centre in September 2021. "Be it the Vedanta-Foxconn project or the Tata-Airbus project, the decision about where to set up these projects was taken before this (Eknath Shinde-led) government came to power in the state late June this year. The opposition is doing nothing except to criticise and create confusion among people," Samant said. "The central government had signed an MoU on September 2021 and the company had decided to take the project to Gujarat," he added. The defence ministry on Thursday said a consortium of Ai

Tata Consumer Products Q2 profit rises 36% to Rs 389 cr; revenue up 11%

Tata Consumer Products Ltd (TCPL) on Thursday reported a 36.25 per cent rise in consolidated net profit at Rs 389.43 crore for the second quarter ended September 30, 2022. The company had posted a net profit of Rs 285.80 crore for the July-September period a year ago, TCPL, earlier known as Tata Global Beverages Ltd, said in a BSE filing. Revenue from operations climbed 10.87 per cent to Rs 3,363.05 crore during the quarter under review as against Rs 3,033.12 crore in the corresponding period last year. Total expenses of the Tata group's FMCG arm were at Rs 3,021.90 crore, up 11.55 per cent from Rs 2,708.91 crore earlier. TCPL Managing Director and CEO Sunil D'Souza said: "We delivered another quarter of double-digit revenue growth while balancing margins despite inflationary pressures, weakness of currency and some lag in pricing in International Markets." TCPL's revenue from the Indian market in July-September rose 9.19 per cent to Rs 2,159.95 crore, as against Rs 1,978.08 crore

Indian saree market sees big corporates battling traditional players

Larger groups like the Tatas, Aditya Birla and Reliance Retail are slowly making a mark in a Rs 46,400 cr industry that is otherwise ruled by traditional organised and unorganised players

Britain in talks with British Steel and Tata to secure industry's future

Britain said on Monday it was in talks with steel makers, including British Steel, owned by China's Jingye Group, and India's Tata to help secure the industry's long-term future

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

1,898 tribal women from Jharkhand offered jobs to mark PM Modi's birthday

Around 1,900 tribal women from Jharkhand were offered jobs during an employment drive conducted by Tata Electronics Limited in collaboration with the Union Tribal Affairs Ministry to mark Prime Minister Narendra Modi's birthday, a statement said. The two-day recruitment drive was organized at Khunti, Saraikela, Chaibasa and Simdega districts of Jharkhand on September 18 and 19. The women will be employed at the company's facility in Hosur, Tamil Nadu. More than 2,600 women participated in the recruitment drive from the rural areas of the districts, of which 1,898 have been selected, the ministry said in the statement. Tribal Affairs Minister Arjun Munda said the drive was aimed at empowering young tribal women, and thanked Tata Electronics Ltd for providing them opportunities to work and upgrade their skills. Munda will on Tuesday flag off a special train which will carry the first batch of 822 tribal women from Ranchi to Hosur. The remaining candidates will be sent in the second .

Tatas to invest $90 bn in India in 5 years; focus on new industries

The investment by the Tata group is a shift in its strategy to focus more in the home markets instead of international markets where the group lost money

Tata Consumer appoints David Atkinson to head its UK, Ireland business

Tata Consumer Products (TCP), the FMCG arm of Tata Group, on Thursday announced the appointment of David Atkinson as Senior Vice President and Head of its UK and Ireland business. In his new role as Country Head, Atkinson will be responsible for leading the business and teams in the UK and Ireland, TCP said in a statement. He will be based in London and report to the President of International Business, Gharry Eccles, TCP said, adding that the announcement is in line with its commitment to strengthening business in key international markets. "This includes developing and executing a growth roadmap for the company as well as enhancing operational excellence. Combining its interests in tea and ready-to-drink products, TCP will be focusing on strengthening and growing its three key beverage brands -- Tetley, Good Earth and teapigs in international markets," it added. Atkinson, who comes with over two decades of experience, joined TCP from Hain Daniels Group, where he served as Managin

Tata Group to invest Rs 600 cr in Bengal's Jalpaiguri: Mamata Banerjee

Till the time this report was filed, there was neither any confirmation nor any denial from the Tata Group on this count

Tata Neu onboarding Titan by Diwali; Tata Motors and Air India next

Tata Neu 2.0: Super app to undergo revamp for a better user experience

Tatas all set to monetise road, ropeway projects; to raise Rs 6K crore

Tata Realty to raise Rs 6,000 cr as fresh debt

TATA AIA Life announces record annual bonus of Rs 861 cr for policyholders

TATA AIA Life Announces Record Annual Bonus of INR 861 crores for its policyholders

Minority investors may seek higher dividend as Tata Sons posts huge profit

Firm reports Rs 19,638 crore liability towards AGR dues of Tata Teleservices, makes provisions of Rs 1,148 crore for AGR and is expected to make additional provisions in the years ahead

Tata Motors comes out with a SUV teaser; here's what you can expect

According to leaked images, the upcoming Tata Motors SUV may come with minor exterior upgrades and new features