Monday, 23 May, 2022

Topic: Tata

Tata in acquisition talks with as many as 5 brands, to bolster position in consumer goods sector

The conglomerate will likely face stiff competition in the sector from existing global giants such as Unilever, as well as Indian tycoon Mukesh Ambani’s Reliance Industries.

Businesses can’t ignore stakeholder community. It’s how Tatas have sustained till now

In 'Outlast', the authors talk about how the Tatas incorporated a crucial element of 'good' business—social impact and better governance.

Nationalisation did not kill Air India, politics did. Tata’s challenge lies beyond fixing it

A great airline cannot just be a bus service, it must stand for something. Tata might want to take clues from one of its hospitality brands: The Taj.

Tata Sons chief Chandrasekaran promises a ‘world-class airline’ after Air India takeover

The group also said it philosophically agrees with PM's vision for the aviation sector, of making it affordable and ensuring it contributes to boosting 'ease of living' for citizens.

Tata officially takes over Air India, group chief Chandrasekaran says ‘totally delighted’

After a competitive bidding process, the Centre had on October last year sold the airline to Talace Private Ltd, a subsidiary of the Tata Group's holding company, for Rs 18,000 crore.

Tata Chemicals is in talks to buy battery business of Johnson Matthey

Tata is one of the frontrunners to acquire the assets in a deal that could fetch the London-based firm up to $700 million.

Govt to work on monetising Alliance Air, 3 other Air India subsidiaries: DIPAM Secretary

The government on 8 October had announced that salt-to-software conglomerate Tatas have won the bid to acquire debt-laden national carrier Air India for Rs 18,000 crore.

Tata finally set to take over Air India, boost Modi govt’s privatisation plan

An official announcement is expected in the coming days. For Tata Sons, the recommendation means it’s coming back to an asset it started almost 90 years ago.

India signs mega deal for 56 Airbus C-295 aircraft — here’s what lies ahead

The aircraft have a 5-10 tonne capacity, are capable of operating from semi-prepared strips and has a rear ramp door for quick reaction and para dropping of troops and cargo.

No leadership structural changes at Tata Sons on anvil, clarifies chairman Chandrasekaran

Day after a media report speculated major revamp at the group, Ratan Tata said he was 'extremely disappointed' with such reports which can only 'serve to cause disruption'.

On Camera


Inflation made luxury cars even more expensive but sales remain in fast lane. See Mercedes

For years, the luxury car market in India was biased towards the entry-level. But today, cars below Rs 40 lakh account for the smallest fraction of sales.

World’s $300 trillion in debt. Here’s what it means for services like health, education

To meet debt payments, at least 100 countries will have to reduce spending on essential services, the IMF estimates.


File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

India to ink ‘repeat order’ deal for 73,000 SiG 716 rifles from the US

In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.