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Tata

Tata Electronics is expanding its client base beyond Apple, aiming to diversify by partnering with tech giants like Microsoft, Dell, and HP

Updated On: 05 Dec 2024 | 12:11 PM IST

The Pune facility's inauguration comes amid a growing focus on organised scrapping solutions in India

Updated On: 02 Dec 2024 | 10:10 PM IST

The pharma and healthcare sectors have consistently delivered strong earnings, outperforming expectations

Updated On: 27 Nov 2024 | 10:56 PM IST

Air India Express plans to start reconfiguration of planes having business class seats from April 2025, as the airline focuses on operating narrow-body planes with only economy class seats, according to a senior official. The Tata Group-owned airline that merged AIX Connect with itself on October 1 has rationalised its network and currently has an operational fleet of 90 planes, including over 30 aircraft with dual-class seats. Amid supply chain woes impacting fresh aircraft deliveries, the airline has, so far, inducted 35 white-tail Boeing 737-8 planes. Their count will rise to 50 in the coming months. Many of these white-tail aircraft have varying numbers of business-class seats. Generally, white-tail planes are those that were originally manufactured for a particular airline and later taken by another airline. The senior airline official said it will start reconfiguration of the aircraft having business class from April onwards. The carrier wants to offer only economy class se

Updated On: 11 Nov 2024 | 7:28 PM IST

Tata-Airbus C295 project to be inaugurated in Vadodara on Monday marks the first time a military aircraft will be manufactured in India by a private company

Updated On: 28 Oct 2024 | 9:30 AM IST

Prime Minister Narendra Modi and his Spanish counterpart, Pedro Sanchez, will inaugurate the Tata aircraft complex in Gujarat's Vadodara on Monday for manufacturing C-295 aircraft by Tata Advanced Systems. The Prime Minister's Office (PMO), in a statement on Saturday, said this will be the first private sector final assembly line for military aircraft in India. During the visit to his home state, Modi will also launch development projects worth more than Rs 4,900 crore in Amreli. The PMO said 40 aircraft will be built in the Vadodara facility as part of the agreement, while aviation behemoth Airbus will deliver 16 aircraft directly. Tata Advanced Systems is responsible for making these 40 aircraft in India and this facility will be the first private sector final assembly line (FAL) for military planes in India. It will involve the full development of a complete ecosystem, from manufacture to assembly, test and qualification, to delivery and maintenance of the complete life cycle o

Updated On: 26 Oct 2024 | 4:39 PM IST

Tata Tea will implement price hikes across its brand portfolio over the next few months, as it aims to expand its profit margins, which have been hit due to a jump in input prices, a top official said on Wednesday. Parent company Tata Consumer Products expects a rise in overall volumes, which were impacted due to reasons including flooding in urban areas, sluggish rural economy and also general slowdown in growth, its chief executive and managing director Sunil A D'Souza said. The company, which posted a 1 per cent jump in profits in the July-September quarter despite an 11 per cent jump in revenues, feels that the tea prices have shot up by over 25 per cent this year because of supply disruptions. It has started taking "calibrated price increases" while ensuring that there is no demand shock and also ensuring that it stays competitive, D'Zouza told reporters on the sidelines of an event. "... You would see some price implementations every quarter, if not a fortnight, and over a ..

Updated On: 23 Oct 2024 | 11:23 PM IST

Construction equipment major Tata Hitachi on Wednesday expressed concerns over the growing penetration of Chinese imports in the Indian market, capping the growth trajectory of domestic companies despite healthy market conditions. The company urged the government to take measures to encourage companies that have invested heavily in 'Atmanirbhar Bharat' and 'Make in India' initiatives, by countering "unfair" competition from Chinese imports. Tata Hitachi Managing Director Sandeep Singh stated that the market share of Chinese excavators in India has surged to 20-22 per cent, a concerning trend given the country's focus on self-reliance and domestic manufacturing. "The Chinese penetration in the excavators segment has intensified in recent months, reaching about 20-22 per cent. This is very high. Five years back, it was not even 10 per cent," Singh told reporters on the sidelines of the CII-organised IMME and Global Mining Summit 2024. The construction equipment business in India is .

Updated On: 23 Oct 2024 | 10:26 PM IST

Tata Hitachi, a joint venture between Japan's Hitachi Construction Machinery Company and Tata Motors, has lost market share in recent years. One reason was the influx of Chinese imports

Updated On: 23 Oct 2024 | 8:38 PM IST

The statement also said the new building will create a permanent space for the Oxford India Centre for Sustainable Development (OICSD)

Updated On: 21 Oct 2024 | 10:23 PM IST

This contract follows a previous order from UPSRTC for 1,350 bus chassis, which are currently operational across Uttar Pradesh

Updated On: 21 Oct 2024 | 5:19 PM IST

Tata Motors on Monday said it has received an order from the UP State Road Transport Corporation to supply 1,000 units of diesel bus chassis. The company received the order following a competitive e-bidding process, Tata Motors said in a statement. The bus chassis will be supplied in a phased manner as per mutually agreed terms, it added. "The Tata LPO 1618 bus chassis is engineered to deliver robust and reliable mobility with high uptime and low maintenance and operating costs. We look forward to commencing supplies as per the guidance of UPSRTC," Tata Motors Head Commercial Passenger Vehicle Business Anand S said. The latest order follows the successful fulfilment of a similar, larger order of 1,350 bus chassis received last year, which are currently running efficiently by the UPSRTC, the company said.

Updated On: 21 Oct 2024 | 3:45 PM IST

India's $4.6 billion soft drink market has long been dominated by Coca-Cola and PepsiCo, but Reliance's entry is now causing a stir

Updated On: 19 Oct 2024 | 5:49 PM IST

The India foods business revenue grew over 28 per cent (plus 9 per cent excluding Capital Foods), and its value-added salt portfolio grew by 26 per cent, with rock salt registering record volumes

Updated On: 18 Oct 2024 | 9:52 PM IST

The chemical maker's consolidated net profit fell to Rs 194 crore ($23.1 million) for the quarter ended Sept. 30 from Rs 428 crore a year earlier

Updated On: 17 Oct 2024 | 5:38 PM IST

Updated On: 11 Oct 2024 | 5:53 PM IST

The business community in Bengal and across India is in mourning, following the demise of Ratan Tata, the legendary former chairman of the Tata Group. Tributes poured in from industry leaders and organisations alike, expressing their deep sorrow and admiration for Tata's legacy. Amit Saraogi, president of the MCCI, lauded Tata's transformative leadership, which saw the Tata Group's revenues soar from USD 4 billion to over USD 100 billion. Saraogi also highlighted Tata's significant contributions to corporate social responsibility and philanthropy. Titagarh Rail VC & MD Umesh Chowdhary and other prominent figures echoed Saraogi's sentiments, emphasising Tata's inspirational qualities and unwavering commitment to excellence. They remembered him as a visionary businessman who not only shaped the Indian corporate landscape but also touched the lives of countless people. The Indian Chamber of Commerce (ICC) also expressed condolences highlighting Tata's pioneering role in forging a ...

Updated On: 10 Oct 2024 | 8:04 PM IST

Paying tribute to late Ratan Tata, InterGlobe Enterprises Group Managing Director Rahul Bhatia on Thursday said IndiGo will walk alongside Air India to secure the country's rightful seat at the centre stage of global aviation. "As we all know, Mr. Tata had a deep passion for flying machines, and I was only too pleased to see Air India return to where it truly belonged," Bhatia said in a statement. Tata, who was the Chairman Emeritus of Tata Sons, passed away on Wednesday night. "While I am much too small a man to say this, in tribute to Mr Tata's love for flight and his vision for the future of Indian Aviation, IndiGo will, ever so modestly, walk alongside Air India to secure India's rightful seat at the centre stage of global aviation," Bhatia said. InterGlobe Enterprises is the parent of the country's largest airline IndiGo. Bhatia also recalled that he had the occasion to engage with Tata and that was when he returned from college in 1985. According to Bhatia, they discussed t

Updated On: 10 Oct 2024 | 3:52 PM IST