Monday, 5 December, 2022
TopicTata Sons

Topic: Tata Sons

Tata Sons and Singapore Airlines announce merger of Air India, Vistara by March 2024

As part of the deal, SIA would also pump in $250 million in Air India, giving it a 25.1% stake in an enlarged Air India group.

ThePrint’s Editor-in-Chief Shekhar Gupta recognised with ‘Lifetime Contribution to Media’ award

Thirteen other noted personalities including Serum Institute of India CEO Adar Poonawalla and Tata Sons Chairman N Chandrasekaran were also awarded under various categories by AIMA.

‘Wholly devoid of merit’: Why Delhi HC dismissed Subramanian Swamy’s challenge to Air India sale

Alleging corruption and a threat to ‘national security’, the BJP MP had filed a petition against sale of Air India to the winning bidder, a wholly owned subsidiary of Tata Sons.

Air India returns to the Tatas, group wins bid to acquire national carrier for Rs 18,000 cr

Tatas' bid of Rs 18,000 crore comprises taking over of 15,300 crore of Air India's debt and paying the rest in cash, govt official said.

After Covid, there’ll be home, office & a ‘third place’ to work from: Tata’s Chandrasekaran

While the office remains a critical hub & staff will gradually return, the world won’t return to its pre-Covid norm, said Tata Sons chief Chandrasekaran at the Qatar Economic Forum.

Disappointed but my conscience is clear — Cyrus Mistry on SC’s judgment on Tata tussle

The apex court order had set aside NCLAT order restoring Mistry as executive chairman of the conglomerate, while allowing appeals filed by the Tata Group.

Tata-Mistry saga can only end with a divorce. That could still get messy

All of Shapoorji Pallonji's troubles would be over if it could get a nice divorce settlement from Tata. Trouble is, Ratan Tata also knows it.

India to exit entire 26.12% shareholding in Tata Communications Ltd

Panatone Finvest currently owns 34.8% of Tata Communications, while Tata Sons has a 14.1% stake in the company.

Ratan Tata urges social media users to discontinue Bharat Ratna campaign for him

Hashtag #BharatRatnaForRatanTata started trending after entrepreneur Vivek Bindra urged Twitter to join his campaign seeking India’s highest civilian honour for the industrialist.

Tata rejects Mistrys’ share-swap separation offer as ‘nonsense’

Shapoorji Pallonji Group had informed the Supreme Court in October that it estimated its 18.4% stake in Tata Sons to be worth more than Rs 1.75 lakh crore, which the Tatas valued at half the price.

On Camera

YourTurn

Protests sparked by draconian lockdowns may thwart China's plans to become a global superpower

Why China’s protests against Zero Covid won’t challenge Xi Jinping yet

Scholars and diplomats at the prestigious Institute of Chinese Studies conference discussed Socialism with Chinese characteristics in the New Era last week. Here’s what they said.
Representational Image.| Pixabay

Rupee to hover near weaker side of 81/dollar, bond yields await RBI’s monetary policy decision

The rupee ended last week at 81.3175 per dollar but underperformed its Asian peers due to strong demand for the greenback from corporates.

Defence

Russian President Vladimir Putin with Chinese President Xi Jinping. (Photo Credit - Reuters)

In western arms sanctions on Russia, China’s arms industry could stand to gain

The arms export embargoes on Moscow could create an opportunity for Beijing to supply arms to countries like Myanmar, which are heavily dependent on Russian arms.
Illustration: Soham Sen | ThePrint

Gujarat election is anything but dull. BJP’s political neurosis about AAP is the hidden headline

Gujarat is the only state where Modi is directly in contention. Even if he wins, the team that runs him closest has much to gain.