Tata Global

Tata Power on Tuesday said its arm Tata Power Renewables Energy has commissioned a 431 MW DC Solar project in Neemuch, Madhya Pradesh. Spanning across 1,635.63 acres, the project features a unique combination of single-axis trackers and bi-facial modules, thereby setting a new benchmark for solar energy generation in India, a Tata Power statement said. This innovative integration has boosted the efficiency of the entire system by over 15 per cent, enabling peak power supply for extended hours, it added. "We are thrilled to announce the successful commissioning of the 431 MW DC solar project in Neemuch," Deepesh Nanda, CEO and Managing Director, Tata Power Renewable Energy Ltd, said. The project contributes to sustainability with an estimated CO2 offset of 7,80,300 tonnes. "This project not only demonstrates the viability of cost-effective solar energy, with a winning bid price but also highlights the potential of sustainable energy solutions to drive India's green energy transitio

Ratan's global vision extended beyond expansion to innovation and wanted to pioneer a new type of innovation for a new type of consumer

Like in other offerings, customers buying insurance products will also earn NeuCoins, which can then be redeemed across the Tata ecosystem

Known for the successful ventures he established, Jamsetji Tata, founder of the Tata Group, did not shy away from taking tough calls and making strategic choices to exit from unviable business as shown by the shutting of Tata Shipping Line in the 1890s, according to a new book. He had started the 'Tata Line', the first ever business of the Tata Group which bore the Tata name, with a view to challenge the monopoly of the English P.&O., the pre-eminent shipping line that carried exports from India during the 1880s and 1890s. The English P.&O. which had the support of the then British India government, had a virtual monopoly on shipping from India and charged Indian merchants exorbitant freight rates, while providing greater rebates on British and Jewish firms thereby creating an uneven playing field for Indians, according to the book titled 'Jamsetji Tata - Powerful Learnings For Corporate Success'. "Jamsetji Tata, who was in the textile business at that time, was adversely ...

Leading DTH operator Tata Play (erstwhile known as Tata Sky) has reported widening of its consolidated loss to Rs 353.9 crore, as revenue from operations declined 4.32 per cent to Rs 4,304.62 crore in the financial year ended March 31, according to financial data accessed by business intelligence platform Tofler. In FY23, the company had reported a net loss of Rs 105.25 crore and its revenue from operations stood at Rs 4,499.19 crore. Total expenses of Tata Play, in which Tata Sons now owns 50 per cent share, has increased 1.47 per cent to Rs 4,760.55 crore in FY24. Earlier, it stood at Rs 4,691.25 crore for the financial year ended in March, 2023. Tata Play's total revenue in FY24 also declined 4.47 per cent to Rs 4,327.07 crore. Earlier, the total revenue was at Rs 4,529.97 crore a year ago. On a standalone basis, Tata Play's revenue from operations also declined 6.07 per cent to Rs 3,982.57 crore for the financial year ended on March 31, 2024. It was at Rs 4,240.04 crore in ...

Tata Group's global trading and distribution arm, Tata International on Monday announced the appointment of Rajeev Singhal as its Managing Director (MD). Singhal whose appointment to the new position is effective from April 1, succeeds Anand Sen, who superannuated on March 31, 2024, Tata International said in a statement. Prior to this, Singhal was Executive Director and Chief Operating Officer (COO) at Tata International. "We are confident that under his leadership, Tata International will scale to greater heights into its next phase of growth," said Noel N Tata, Chairman of Tata International. Singhal brings over 36 years of experience to his new position, having transitioned from Tata Steel, where he served in various positions including Vice President for marketing and sales for flat products, according to the statement.

Tesla (brand value down 12 per cent to $58.3 billion) has dropped out of the top 10, falling to 18th place in the ranking

The government's target of hitting $52-$58 billion in mobile phone exports in FY26 has been faltering; an Indian corporate group with financial muscle will help

Finnish telecom gear maker Nokia on Thursday said it has bagged a broadband gear supply deal from Tata Play Fiber to launch India's first WiFi6-ready broadband network. Nokia said with increasing broadband usage in both residential and enterprise areas, there is significant demand for new, high-capacity broadband connections and to meet this demand, broadband networks need future proof fiber and in-home solutions that can scale in line with evolving end-customer needs. Under the contract, Nokia will ship WiFi6 Mesh technology which the company claims is ideally suited to residential homes with large and multi-floor spaces, as well as for small office/home office (SOHO) enterprises, which represent a large addressable market in India. "Our partnership with Nokia allows us to bring WiFi6-ready network to our customers - which is a first in the category. "The deployment of this next generation best-in-class optical networking solution will boost up speed and coverage for multiple smar

Change of guard at IT services giant today, with Krithivasan set to pick up baton

Tata Steel India reported a record operational performance in the last financial year despite a challenging environment, according to the company's CEO & MD T V Narendran. The company produced 19.87 Million Tonnes (MT) of steel in the last fiscal as against 19.06 MT in 2021-22. During the same period, sales were higher at 18.87 MT compared to 18.27 MT in the year-ago period. "Tata Steel India reported a record-breaking operational performance in FY23 despite a challenging environment," Narendran said in a statement on Thursday. "Our strong marketing network and agile business model enabled us to grow across segments," he added. During January-March period, Tata Steel India's production increased to 5.15 MT from 4.90 MT in the year-ago period.

As super apps slowly become a reality, the global spend via conversational commerce will reach $135 billion by 2027, rising from $39 billion in 2023, a report showed on Tuesday.

Merger is part of Tata group plan to bring similar businesses under a single umbrella like Tata Steel's merger of seven subsidiaries with itself to consolidate its metals and mining businesses

Higher investments may cap margins in the near term

The firm has also been granted 56 patents during the same period

Tata Motors on Thursday announced the appointment of Martin Uhlarik as the company's new Global Design Head

Improvement in international business, merger of Tata Chemicals' consumer business are positive

According to the agreement, TGB Czech Republic will cease to be a subsidiary of the company

The consolidated revenue from operations during the quarter increased 4 per cent to Rs 1,834 crore, driven by improvements in both branded and non-branded business.

Stock calls and Outlook on Nifty by Mr. Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking Ltd