Tata group

Tata Group: Varieties alliance with Analog Units for semiconductor manufacturing

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Tata Group has introduced a strategic alliance to discover potential cooperative manufacturing alternatives with US-based multinational semiconductor firm Analog Units. Inc Tata Electronics, Tata Motors, and Tejas Networks have signed a Memorandum of Understanding (MoU) with ADI to discover alternatives for semiconductor manufacturing in India, and to make use of ADI’s merchandise in Tata purposes similar … Read more

AP Govt, Tata Group exploring feasibility of TCS improvement centre in Visakhapatnam

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The Andhra Pradesh Authorities and Tata Group are exploring the potential of establishing a Improvement Centre of TCS in Visakhapatnam. Chief Minister N Chandrababu Naidu tweeted this after a gathering with Natarajan Chandrasekaran, Chairman of the Board at Tata Sons, the holding firm and promoter of all Tata Group corporations, in Amaravati on Friday. The enhancement of … Read more

Air India reduces free cabin baggage allowance on home flights

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Loss-making Air India has diminished the free cabin baggage allowance to fifteen kilogram from 20 kilogram for the bottom economic system fare phase on home flights. The modifications have been made within the menu-based pricing mannequin fare households that had been launched by the Tata Group-owned Air India final August, with the airline saying {that … Read more

Delink financial institution loans from on-lending to group cos: RBI tells Tata Sons

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After months of negotiations with the Reserve Financial institution of India, Tata Sons is alleged to have labored out an answer which can not solely assist the tech to FMCG behemoth keep away from the requirement for necessary itemizing but in addition shun the non-banking finance firm – higher layer (NBFC–UL) classification. Based on sources, … Read more

Tata Group seeks RBI waiver from itemizing NBFC

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Tata Group has sought a proper waiver from the central financial institution to keep away from itemizing Tata Sons, its holding firm and non-banking finance agency, on inventory exchanges, Bloomberg Information reported on Friday, citing individuals aware of the matter. In searching for the waiver, Tata advised the central financial institution it has used the … Read more

Tata in talks to purchase Pegatron’s iPhone operations as quickly as Could

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Tata Group could strike a deal to take management of Pegatron Corp.’s iPhone manufacturing operations in India as quickly as Could, cementing Apple Inc.’s relationship with one of many nation’s most influential conglomerates. Tata Group is within the remaining phases of negotiations with Pegatron to take a majority stake within the Taiwanese agency’s Apple handset … Read more

Tatas in talks to purchase stake in Fabindia’s attire line

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The Tata group is known to be in talks with the promoters and shareholders of Fabindia for a stake or outright purchase of the ethnic attire enterprise, sources stated. Talks are nonetheless occurring, however sources point out that the acquisition will possible worth it decrease than the $2.5 billion pegged by the clothes firm’s aborted … Read more

Tata Sons to promote 0.6% stake in TCS for over ₹9,200 crore

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Tata Sons, the holding firm of the Tata Group, will probably be promoting 2.34 crore shares or 0.65 per cent fairness of Tata Consultancy Companies by means of a block deal for ₹9,362.3 crore ($1.13 billion). Based on the time period sheet, seen by businessline, the ground value of the deal has been mounted at … Read more

Tata Chemical substances and its stake in Tata Sons: Is the current upside in shares justified?

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Hypothesis on doubtless itemizing of Tata Sons has resonated in group shares within the final two weeks and extra so on the inventory of Tata Chemical substances. Within the final two weeks, Tata Chemical substances inventory has rallied 40 per cent from Feb-29 to Mar-7 and has shed 11 per cent at the moment, gaining … Read more

Cupboard approves 3 chip making models with funding of ₹1.26-lakh cr

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The Union Cupboard on Thursday accredited proposals to arrange three semi-conductor models with an funding of ₹1.26-lakh crore. Two of the models can be arrange in Gujarat whereas third one can be in Assam. With this, India could have 4 models, with provide from first unit is predicted by 12 months finish. Whereas Tata group … Read more