Tata Group

Tata Group’s Jamsetji Tata tops world’s top philanthropist in 100 years, Azim Premji ranks 12 in top 50

The Tata Group is the only Indian company that has reached the top 10 positions. Besides that, the other Indian that made it to the list is the founder-chairman of Wipro Ltd, Azim Premji. He was ranked 12 with donations worth $22 billion.

Jun 25, 2021, 09:54 AM IST

Airtel, Tata Group tie up to deploy 5G network solutions in India

Tata Consultancy Services (TCS) brings its global system integration expertise and helps align the end-to-end solution to both 3GPP and O-RAN standards, as the network and equipment are increasingly embedded into software, it said.

Jun 22, 2021, 18:50 PM IST

Tata group importing 24 cryogenic containers to help ease oxygen shortage in country amid rising COVID-19 cases

The Tata Group's announcement came after PM Narendra Modi's address to the nation on the coronavirus situation.

Apr 21, 2021, 07:38 AM IST

Air India sale: Govt begins process for inviting financial bids, deal to conclude by September

Salt-to-software conglomerate Tata Group was among the "multiple" entities that had put in preliminary bids for buying loss-making Air India in December last year.

Apr 14, 2021, 09:44 AM IST

Govt begins process for inviting financial bids for Air India sale, deal to conclude by Sep

The airline, which started as a mail carrier in 1932, will give a successful bidder control of 4,400 domestic and 1,800 international landing and parking slots at domestic airports, as well as 900 slots at airports overseas. Besides, the bidder would get 100 percent of the low-cost arm Air India Express and 50 percent of AISATS.

Apr 13, 2021, 19:38 PM IST

Disappointed as a minority shareholder: Cyrus Mistry on SC judgement

A bench headed by Chief Justice S.A. Bobde had said that all questions of law are in favour of Tata Group while dismissing the appeals filed by Mistry. The top court upheld the Tata Sons decision to sack Mistry on October 24, 2016.

Mar 30, 2021, 18:36 PM IST

Tata Group vs Cyrus Mistry: SC judgement favours Ratan Tata, sets aside NCLAT order

Days after the ouster, Tata had explained to shareholders of group firms that Mistry was replaced as the Chairman of Tata Sons after four years in that role on October 24, 2016, "because the board of Tata Sons lost confidence in him and his ability to lead the Tata Group in future".

Mar 26, 2021, 15:15 PM IST

Ratan Tata shares founder JRD Tata's picture on twitter on his birth anniversary

Jamsetji Tata founded a private trading firm in 1868, which is the starting point of the global conglomerate. Jamsetji Tata is a pioneer in the Indian industry and is known as the 'Father of Indian industry'. Tata iron and steel factory was set up by him and it is by far the oldest factory in India.

Mar 03, 2021, 12:40 PM IST

Severe blow to Chinese billionaire Jack Ma, Tata Group snatches BigBasket from Alibaba

Chinese internet giant Alibaba has about 30 percent stake in BigBasket. The deal provides an exit route for a host of investors of BigBasket, including Chinese billionaire Jack Ma-controlled Alibaba.

The eGrocery market has grown 60 percent from the calendar year 2020 and is expected to grow 41-49 per cent by the first half of CY21, according to the latest data provided by homegrown consulting firm RedSeer.

Feb 17, 2021, 17:17 PM IST

Tatas to acquire 68% stake in BigBasket for Rs 9,500 crore

The salt-to-software conglomerate, which has been working to gain majority control in the Bengaluru-based startup for months, has finally signed the deal, according to people in the know of the development.

The deal provides an exit route for a host of investors of BigBasket, including Chinese billionaire Jack Ma-controlled Alibaba.

Feb 17, 2021, 12:13 PM IST

Air India employees bid for stake in cash-strapped national carrier

A group of 219 Air India (AI) employees has submitted the Expression of Intent (EOI) to purchase a stake in the loss-making national airline, according to Meenakshi Malik, who is Air India’s Commercial Director.

Dec 14, 2020, 22:45 PM IST

Air India Privatisation: US Based Fund Interups, Tata Sons among prime bidders

Debt-laden Air India has now become a test case on how to get investor interest in adversarial market conditions.

Dec 14, 2020, 15:09 PM IST

Air India Privatisation: Tata Group likely to file Expression of Interest today

Debt-laden Air India has now become a test case on how to get investor interest in adversarial market conditions.

Dec 14, 2020, 12:44 PM IST

Indian IT industry pioneer and TCS founding chief executive FC Kohli dead

The sector's largest company TCS, of which he was the founding chief executive, announced the death of Kohli and said it was the insistence of JRD Tata which got Kohli to join the Tata Group, which now counts on its infotech arm for a bulk of resources.

Nov 27, 2020, 15:49 PM IST