Tata Sons
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Supreme Court dismisses plea to review decision on removal of Cyrus Mistry as Tata Sons head
Business | May 19, 2022 12:45 ISTA bench headed by Chief Justice NV Ramana, however, ordered the deletion of certain remarks made against Cyrus Mistry in the March 2021 verdict.
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Tata Sons appoints Campbell Wilson as new CEO and MD of Air India
Business | May 12, 2022 16:41 ISTEarlier in February this year, Tata Sons had announced the appointment of former chairman of Turkish Airlines Ilker Ayci as the CEO and MD of Air India. However, he declined to take up the position amid controversies over his views related to India
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NINL acquisition: Tata Steel to complete acquisition by end of this quarter
Business | May 04, 2022 11:30 ISTOn January 31, Tata Steel had announced winning the bid for acquiring 93.71 per cent stake in Odisha-based steel maker NINL for Rs 12,100 crore.
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N Chandrasekaran, chairman of Tata Sons, officially appointed chairman of Air India
Business | March 14, 2022 18:02 ISTN Chandrasekaran reappointment as the chairman of Tata Sons - the holding company of the salt-to-software Tata Group - for a second five-year term in February this year. His appointed as Air India chairman came following a board meeting on Monday.
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Ilker Ayci declines Tata Group's offer to be CEO & MD of Air India: Sources
Business | March 01, 2022 16:02 ISTOn February 14, Tata Sons had announced the appointment of Ayci, former chairman of Turkish Airlines, as the Chief Executive Officer and Managing Director of Air India.
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Who is Ilker Ayci? All you need to know about new CEO & MD of Air India
India | February 14, 2022 17:50 ISTAir India board met on Monday afternoon to consider the candidature of Ayci, with Tata Sons Chairman N Chandrasekaran as a special invitee.
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N Chandrasekaran reappointed as Tata Sons Chairman for five more years
Business | February 11, 2022 17:12 ISTThe board members commended the performance of the Executive Chairman and unanimously approved the re-appointment of Chandrasekaran as the Executive Chairman for the next five years, Tata Sons stated.
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Tata Sons chairman Chandrasekaran meets PM Modi ahead of Air India handover
Business | January 27, 2022 15:03 ISTMaharaja is the official mascot of Air India which operates globally apart from domestic operations. According to the available data in 2020, "Air India operates around 101 destinations including 57 domestic operations including 33 countries on four continents around the world."
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Clear Air India dues, buy tickets in cash: Finance Ministry tells ministries, departments
Business | October 28, 2021 11:01 ISTAs of August 31, Air India had a total debt of Rs 61,562 crore and 75 per cent of this debt or Rs 46,262 crore will be transferred to a special purpose vehicle AIAHL before handing over the loss-making airline to the Tata Group.
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Govt signs share purchase agreement with Tata Sons for Rs 18,000 crore Air India sale
Business | October 25, 2021 17:59 ISTEarlier this month, the government had accepted an offer by Talace Pvt Ltd, a unit of the holding company of the salt-to-software conglomerate, to pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.
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Air India returns to its original owner Tata after 68 years: Top Points
India | October 08, 2021 17:29 ISTTatas cannot transfer Air India brand, logo for 5 years, can transfer to only Indian person after 5 years.
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Air India finds a new address: Chronology of Air India privatisation
Business | October 08, 2021 17:17 ISTThe international service was among the first public-private partnerships in India, with govt holding 49 pc, the Tatas keeping 25 pc and the public owning the rest.
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Air India disinvestment: Centre has not taken any decision on winning bid so far, says Piyush Goyal
India | October 02, 2021 14:52 IST"I have been in Dubai since...day before and I don't think there is any such decision that has happened at all," Piyush Goyal told reporters.
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Aarohi Pandit to re-enact India's first commercial flight flown by JRD Tata in 1932
India | October 01, 2021 21:30 ISTThe association also said that Aarohi Pandit will taxi to the Tata Power hangar at the Juhu Aerodrome for a traditional water salute and reception.
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Tata Sons arm to acquire controlling stake in Tejas Networks for nearly Rs 1,890 cr
Business | July 29, 2021 10:17 ISTAs part of the agreement, the company will make a preferential allotment of 1.94 crore equity shares at a price per equity share of Rs 258 per share aggregating to Rs 500 crore to Panatone.
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Cyrus Mistry seeks review of Supreme Court verdict in case against Tata Sons
Business | April 26, 2021 8:48 ISTSupreme Court had on March 26 set aside the NCLAT order of December 18, 2019 restoring Cyrus Mistry as executive chairman of Tata Group.
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TCS buyback: Tata Sons sells shares worth Rs 10,000 crore
Business | January 07, 2021 15:54 ISTTata Sons Pvt Ltd, the holding company of salt-to-software Tata Group, has raised about Rs 10,000 crore from selling close to 1 per cent holding in Tata Consultancy Services (TCS) in the IT firm's recently concluded share buyback.
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TCS buyback offer: Tata Sons tenders shares worth Rs 9,997 crore
Business | January 06, 2021 20:18 ISTTata Sons tendered shares worth Rs 9,997 crore of Tata Consultancy Services (TCS) during the IT major's Rs 16,000 crore-buyback offer that concluded recently.
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Tata Sons to acquire 32.67% more in AirAsia India for USD 37.66 mn; stake to rise to 83.67%
Business | December 29, 2020 22:58 ISTTata Sons will increase its stake in budget carrier AirAsia India (AAI) to 83.67 per cent by acquiring an additional 32.67 per cent for USD 37.66 million from AirAsia Investment Ltd (AAIL), according to a regulatory filing.
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Tata Power gets shareholders' nod to raise Rs 2,600 cr from Tata Sons
Business | July 30, 2020 23:47 ISTTata Power on Thursday said it has received shareholders' approval to raise Rs 2,600 crore via issuance of preferential shares to its promoter Tata Sons.
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