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Tata Sons News - Page 2

Ratan Naval Tata Passes Away Highlights: Final rites of legend industrialist Ratan Tata performed with full state honours

October 11, 2024 10:31 pm

Mourners kept pouring in to pay their last respects to Ratan Tata at National Centre for Performing Arts (NCPA) in south Mumbai.

TCS shares slip 3% after Tata Sons stake sale announcement

March 19, 2024 10:48 am

shares of IT major TCS slipped 108.25 points, or 2.61 per cent at Rs 4,046.45 per equity share.

Tata Sons plans to offload 0.65% stake in TCS for nearly Rs 9,400 crore

March 19, 2024 10:24 am

The reported price is a discount of 3.46 per cent to Monday’s closing price of Rs 4,144.75 on the BSE.

RBI norms may force Tata Sons to consider mega IPO

March 09, 2024 7:28 pm

With an estimated valuation of Rs 11 lakh crore, Tata Sons is reportedly looking to sell 5 per cent in the IPO, which makes up to about Rs 55,000 crore, according to a report by a broking firm.

Tata Sons chairman earns Rs 113 crore as FY23 remuneration

August 10, 2023 12:35 am

The income of Tata Sons is mainly from tech giant Tata Consultancy Services (TCS) which made a profit of Rs 39,106 crore in FY23. Air India, where Tata Sons, had invested a huge amount is estimated to have made a huge loss in FY23.

Tata, Singapore Airlines seek CCI’s nod for AI-Vistara

April 20, 2023 12:03 am

The notice for the merger was filed jointly by the four parties--Tata Sons, Singapore Airlines, Air India, and Tata SIA Airlines (Vistara).The competition watchdog’s approval is a must for mergers and acquisitions.

'Consuming inferior quality packaged drinking water could be fatal': Delhi High Court restrains man from selling water under 'Taza' brand

April 17, 2023 10:49 am

The high court had on November 2, 2020 passed an interim ex parte order restraining defendant Sarfaraz Khan from using the mark ‘Taza Water Plus’ or any other mark or device which may be deceptively similar to ‘Tata Water Plus’ product/packaging.

Delhi HC disposes of plea against foreign investment clearance granted to Air Asia after Tata's takeover

March 15, 2023 10:36 am

The court was informed that after regulatory approvals from the Competition Commission of India and the Directorate General of Civil Aviation last year, the shareholding of Air Asia was revised and it became a wholly owned subsidiary of Air India.

Air India fell short, should have acted faster: Tata Sons chairman reacts to urinating incident

January 09, 2023 6:15 am

Chandrasekaran’s statement came a day after the airline CEO, Campbell Wilson, said on Saturday that the airline could have handled the situation better. He said four cabin crew and a pilot had been de-rostered, and the airline is reviewing its policy of serving alcohol on flights.

Former Tata Sons director Krishna Kumar dies at 84

January 02, 2023 1:27 am

Krishna Kumar, who was a close associate of Tata Sons Chairman Emeritus Ratan Tata, was involved in Tata’s consultancy firm, RNT Associates, and the group’s charitable trusts, which hold 66 per cent stake in Tata Sons, the holding company of the Tata group.

Air India not govt controlled; no longer amenable to writ jurisdiction: Delhi HC

December 29, 2022 7:28 am

The court refused the plea by the Indian Airlines Officers Association seeking pay and allowance arrears

Reform will propel fundamentals of India's performance in coming decades: N Chandrasekaran

December 16, 2022 1:20 pm

Chandrasekaran noted that the government has taken several reforms before and after the pandemic which has set a strong foundation for a renewed vision for India in 2047.

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