Topic: Tata Group
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.
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 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 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.
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.
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.
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.
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
‘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.
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.