Journalism of Courage
Tata Sons wins bid for acquiring national carrier Air India
October 09, 2021 2:07 am
The Tata Group placed a winning bid of Rs 18,000 crore. Along with the assets, the new owner will also take on around Rs 15,300 crore of debt, Secretary, Department of Investment and Public Asset Management Tuhin Kanta Pandey said.
Air India bid: Tata is frontrunner, ahead of SpiceJet promoter
October 02, 2021 7:27 am
Representatives of both bidders were called for meetings on two occasions earlier this week, during which the share-purchase agreement was discussed to help them take a long-term view of Air India's various liabilities, and plan the funding accordingly.
Tatas, SpiceJet chief in race as Air India divestment enters the concluding stage
September 16, 2021 7:12 am
The airline’s divestment is expected to give the successful bidder control of 4,400 domestic and 1,800 international landing and parking slots at domestic airports, and 900 slots at airports overseas.
Tata Sons arm to buy 43.3% stake in Tejas Network for Rs 1,850 cr
July 30, 2021 12:36 am
The total cost of acquisition will touch Rs 2,850 crore if the public offer, by Panatone and other companies of the Tata group, is taken into consideration.
Explained: What lies ahead for Tata and Mistry group after Supreme Court verdict?
March 30, 2021 8:26 am
The petition was filed by Cyrus Pallonji Mistry against Tata Sons and Ratan Tata, alleging that his sacking as the Chairman of Tata Group was "illegal". The judgment brings the curtains down on one of the ugliest public spat in the history of boardroom wars in India.
Tata Sons to buy 32.67% stake in AirAsia India for $37.66 million
December 30, 2020 7:15 am
In a filing to the Malaysian stock exchanges, the AirAsia Group said that the deal, which is worth $37.66 million, will see its share in the Indian budget airline go down to 16.33 per cent.
Tata Sons rejects SP Group separation offer as ‘nonsense’
December 11, 2020 5:00 am
The SP Group had offered a pro-rata division of all the assets of Tata Sons as part of the settlement and had valued its stake at Rs 1.75 lakh crore.
Tata Sons to Supreme Court: SP Group stake worth up to Rs 80,000 crore
December 09, 2020 12:32 am
This is in contrast to SP Group’s claim of the stake’s worth around Rs 1.75 lakh crore.
Shapoorji Group files separation plan from Tata in Supreme Court
October 30, 2020 10:02 am
Tata Sons is a core investment company and is the holding company for the Tata group and its value arises from its stake in listed equities, non listed equities, the brand, cash balances and immovable assets, SP said.
Daily Briefing: As Covid surge sweeps rural Maharashtra, hunt for beds; Ravi Shankar Prasad interview; and more
September 23, 2020 8:42 am
From Shapoorji Pallonji Group's imminent exit from Tata Sons to BCCI sacking 11 coaches, read the top stories from print edition today.
Shapoorji ready to exit as Tata offers to buy out its stake
September 23, 2020 11:31 am
The statement came hours after the Tata Group informed the court that it was ready to buy out the SP Group's stake.
SP Group’s exit from Tata Group: Who can buy its stake, and how
September 24, 2020 9:07 am
Shapoorji Pallonji Group has told the Supreme Court their separation from the Tata Group is necessary, and the Tata Group has said they are willing to buy the stake of SP Group in Tata Sons.
Advertisement
Best of Express
EntertainmentDharmendra Health Latest Update: Family says 89-year-old actor is recovering, responding to treatment
Entertainment'Dharmendra recovering, responding to treatment': Family shares update as Sunny and Bobby Deol visit ailing actor
Trending‘We don’t even have proper footpaths’: Indian vlogger’s Bangkok video exposes India’s urban planning woes
TrendingBryan Johnson consumes magic mushrooms, shares ‘most satisfying things’ he discovered during experiment: ‘My heart had stopped’
Advertisement
Advertisement