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Representational image. | A five gram gold coin sits on a counter inside a Titan Co. Tanishq jewellery store in Mumbai. | Photo: Dhiraj Singh/Bloomberg

Tatas got panned for Tanishq ad. But this state govt is the largest shareholder in Titan

Titan was set up in 1984 as a joint venture between the Tata group and a state govt. While the Tatas own 25.02% stake, the state govt owns 27.88% stake in the company.

AirAsia X seeks debt restructuring in bid to survive

Southeast Asia’s budget carrier has been under immense pressure as the Covid pandemic roils the aviation industry. It reported its largest loss on record in the quarter ended June 30.

AirAsia stops funding Indian operations, up to Tatas now to rescue it

AirAsia X Bhd. said it needs to reach deals with major creditors to restructure debt amid 'severe liquidity constraints' that threaten its ability to resume services and continue.
File image of an Air Asia Aircraft | Wikipedia Commons

Uncertainty over AirAsia’s future in India after minister Puri’s ‘shutting down’ comment

Aviation minister Hardeep Puri said ‘AirAsia’s shop is anyway shutting down’, but his office later clarified that his comments were taken out of context.

Tata woos investors for digital platform as it seeks to compete with Jio, Amazon, Flipkart

Tata Sons is working with advisers to explore bringing in financial or strategic investors, including global tech companies, for its new digital entity.
Tata and Volkswagen

Tata offers to buy out Mistry family stake, proposal could end years-long legal dispute

Shapoorji Pallonji Group, controlled by Pallonji Mistry, owns about 18 per cent of closely held Tata Sons, the holding company of the $113 billion software-to-cars Tata empire.
Tata Group

Tata group wins contract to build new Parliament, beats L&T’s bid

The new Parliament building, triangular in shape, will be built on the same premises as the current one, as part of Modi govt’s ambitious Central Vista revamp.
An Air India 423-seater jumbo B747 plane set to leave Wuhan Saturday | Commons

Modi govt plans to drop condition that Air India buyer take on Rs 24,000 cr aircraft debt

Modi govt is being advised to drop the rule on concern it will deter buyers who will be allowed to bid on the enterprise value & not on the entity value.
Tata Group

Now, Tata plans ambitious e-commerce push to take on Amazon, Flipkart & Reliance

Tata Group is building an all-in-one e-commerce app for its swathe of consumer products & services and a launch is expected by end-2020 or early next year.
Ratan Tata

What Ratan Tata did when he was called a ‘wrong choice’ and JRD accused of nepotism

In an interview with Humans of Bombay, a popular Facebook page, Chairman emeritus of Tata Sons Ratan Tata also described his relationship with ‘mentor’ J.R.D. Tata.

On Camera

Emmanuel Macron’s remarks on Islam have put France’s global reputation at stake

Macron seems oblivious to a deepening problem at home: The old French model, which claimed to be superior to all social systems, is unsuited to an increasingly multi-ethnic society.

Revival in demand & business activity push Indian economy’s animal spirits up in September

Economists attributed the recovery to pent-up demand after a strict lockdown imposed in March hit the consumption of goods and services.

Defence

National Security Adviser Ajit Doval | File photo: ANI

‘Will fight on foreign soil’ if there is a threat, says NSA Ajit Doval at Rishikesh ashram

NSA Ajit Doval's remarks, made last week, were portrayed by some media reports as a warning to Beijing, but government officials have denied any link.
Illustration: Soham Sen/ThePrint

Trump or Biden? Doesn’t matter to India-US ties as they’re in a full, strategic embrace

Pompeo & Esper’s visit to India for the 2+2 talks is proof that old hypocrisies are history, and supreme national interest has again driven a strategic choice.