Tata Group

Farewell to the titans: Remembering industry leaders we lost in 2024

From Japan's "100-yen shop" creator to India's architect of modern banking, we remember the industry titans who bid farewell to this world this year

Tata Steel Netherlands faces fines of almost 27 mn euros over emissions

Tata Steel Netherlands will face fines of almost €27 million ($28 million) if it doesn't take measures at its coke plaBy Charlotte Hughes-Morgan

Tourist hotspots have appetite for more offerings, says IHCL CEO & MD

IHCL's plans two offerings in Bahrain, Saudi Arabia each

Tata DDL partners with Baaz Bikes to set up EV battery swapping stations

Tata Power Delhi Distribution on Friday said it has joined hands with Baaz Bikes for augmenting and setting up of electric vehicle battery swapping stations across North and Northwest Delhi. Tata Power Delhi Distribution Ltd (Tata Power-DDL) is a leading power distribution utility that supplies electricity to about 9 million population in North Delhi. According a statement, Tata Power DDL signed a Memorandum of Understanding (MoU) with Baaz Bikes (Electorq Technologies Pvt Ltd), a battery-swapping service provider, for augmenting and setting up of electric vehicle battery swapping stations across North and Northwest Delhi. As per the agreement, Tata Power-DDL will allocate dedicated space for setting up battery swapping stations. Baaz Bikes, a battery-swapping service provider, will be responsible for designing, procuring, installing, and maintaining these stations. The MoU was signed between Tata Power-DDL & Baaz Bikes in presence of senior officials from both the organisations,

TCS extends partnership with Telenor Denmark for another five years

This deal consolidates TCS' position as a trusted transformation partner in the Nordics, where it has maintained a strong presence for the past 30 years

Jamsetji Tata: New book explores Tata group's adherence to his vision

Many books and works are referenced, but the authors often assume that the lay reader should automatically know what they are talking about

Tata Power Renewables Energy commissions 431 MW DC solar project in MP

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

Tata Sons chairman calls for aggressive growth despite market challenges

N Chandrasekaran's call to group CEOs comes as several Tata Group companies, including TCS, Tata Motors, Tata Steel, and Tata Power, recorded single-digit revenue growth in the first half of FY25

Tanishq to set up De Beers equipment to increase consumer confidence

Ajoy Chawla, CEO, Jewellery Division, Titan Company, said the goal is to give consumer confidence and also to grow the diamond market

Time correction likely ahead, expect low-to-flat returns in near-term

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

IHCL earmarks Rs 5,000 cr capex for doubling hotels, revenue by 2030

Tata Group hospitality firm Indian Hotels Company Ltd (IHCL) has earmarked capex of Rs 5,000 crore to double its number of properties to over 700 by 2030, its Managing Director and CEO Puneet Chhatwal said on Tuesday. Under the 'Accelerate 2030' programme, the company is also looking to double its consolidated revenue to Rs 15,000 crore in the next five years, Chhatwal told reporters at its 'Capital Market Day'. "We started our aspiration, saying that will be the most iconic and most profitable (hospitality) company from South Asia. Having achieved that, we've just tweaked it a bit, and we say we will be the most valued, most responsible and profitable hospitality ecosystem in South Asia...," he said. He further said anything related to the hospitality ecosystem, IHCL would like to be on the forefront of that. "And how do we win with this strategy is our expansion of our portfolio...," he said. Sharing the company's expansion plans for the next five years, Chhatwal said, "IHCL wi

Cooling solutions as a service hots up as Tata, Adani make the switch

In FY24, erstwhile Adani Transmission changed its name to Adani Energy Solutions (AESL) to reflect its focus on selling cooling solutions

Tata to buy majority stake in Pegatron for its iPhone plant in Tamil Nadu

Under the deal announced internally last week, Tata will hold 60 per cent and run daily operations under the joint venture, while Pegatron will hold the rest and provide technical support

AI-Vistara merger now a reality; SIA to invest Rs 3,195 cr in merged entity

Marking a significant consolidation in the fast-growing Indian aviation space, Air India on Tuesday completed the Vistara merger to create an integrated airline, partly owned by Singapore Airlines, that will be flying over 1,20,000 passengers daily and connect more than 90 destinations. The completion of the much-awaited amalgamation, which was announced in November 2022, comes within six weeks of the integration of Air India Express and AIX Connect. The two mergers have created a full service carrier and a low-cost carrier of scale for the Tata Group, which is seeking to establish a "world class global aviation company with an Indian heart". Earlier in the day, the nearly 10-year-old Vistara -- a joint venture between Tatas and Singapore Airlines -- flew into the sunset and its last flight was from Delhi to Singapore. As part of the merger, Singapore Airlines (SIA) will invest an additional Rs 3,194.5 crore in the enlarged entity. The enlarged Air India will operate over 5,600 wee

Mining tax by states: Tata Steel to file curative petition in Supreme Court

On July 25, a nine-judge Constitution Bench of the Supreme Court ruled that states have the power to levy cess on mining and mineral-use activities. Tata Steel's petition seeks a remedy to this order

A tribute: Ratan Tata empowered a generation of dreamers to push boundaries

For the youth, Shri Ratan Tata was an inspiration, a reminder that dreams are worth pursuing and that success can coexist with compassion as well as humility

Taj Hotels' parent co IHC to add 120 properties to tap travel, wedding boom

Indian Hotels will open the 1952-built Hessischer Hof in Frankfurt in the next 10 months marking its first foray into continent Europe

Ratan Tata's 'no comments' on Mistry more thunderous than statement: Author

Ratan Tata's 'no comments' was more 'thunderous' than any statement when asked if he shared the apprehensions of some Tata group veterans who felt that Cyrus Mistry was trying to break up the conglomerate, according to the author of biography of the late industrialist, Thomas Mathew. Tata had fully supported late Mistry as his successor in 2012, despite having second thoughts over the suitability of the latter at the end of the first year of 'parallel running' as Chairman designate and his replacement as Chairman of Tata Sons in 2016 was due to "an ethical and a moral issue", coupled with performance issue, Mathew told PTI Video in an interview. In the biography 'Ratan Tata A Life', some Tata group veterans have been quoted airing their apprehensions about Mistry trying to break up the salt-to-software conglomerate based on his style of functioning as the Chairman and the past record of the Shaprooji Pallonji (SP) Group's acquisition of shares in Tata Sons. "There are two schools of

Noel Tata joins Tata Sons board, first to hold dual positions since 2011

Noel Tata's dual role on the Tata Sons and Tata Trusts boards consolidates family oversight within the Tata Group's sprawling operations

Air India cancels 60 India-US flights in Nov-Dec citing aircraft shortage

Non-availability of aircraft due to maintenance issues has forced Tata Group-owned Air India to cancel some 60 flights on the India-US routes between November and December this year, according to an airline source. The flights, which have been cancelled during the peak travel period, include services to San Francisco and Chicago, among others, the source said. Air India, in a statement, said it has cancelled a "small" number of flights between November and December on account of delayed return of some aircraft from heavy maintenance and supply chain constraints, without naming the destinations. It also said that affected customers have been "informed" and offered flights on other Air India group services operating on the same or adjacent days. "Air India has cancelled some 60 flights to and from San Francisco, Washington, Chicago, Newark and New York between November 15 and December 31, as it does not have adequate wide-body aircraft to operate some of the flights to these ...