Tata Sons

Vistara to launch international operations from second half of 2018

Vistara to launch international operations from second half of 2018

Vistara, the joint venture passenger carrier of Tata Sons and Singapore Airlines, plans to commence international operations from the second half of 2018 and will add Chennai to its growing domestic network from next month.

Jan 06, 2018, 15:01 PM IST

NTT DoCoMo receives $1.2 billion from Tatas

However, Reserve Bank of India had objected to the transfer which was later rejected by the Delhi High Court in April, thus clearing the decks for the Tatas to pay over USD 1.18 billion to the Japanese firm.

Oct 31, 2017, 17:08 PM IST
Bharti Airtel stock surges on Tata mobile unit deal

Bharti Airtel stock surges on Tata mobile unit deal

India`s telecoms market has seen rapid consolidation since the entrance of Reliance Jio Infocomm Ltd sparked a price war.

Oct 13, 2017, 11:46 AM IST

Airtel to acquire struggling Tata Tele on 'no-debt, no-cash' basis

In February, Airtel absorbed Telenor's operations in seven circles -- Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP (East), UP (West) and Assam in a similar no cash deal.

Oct 12, 2017, 23:40 PM IST
Tata Teleservices to merge consumer mobile business with Bharti Airtel

Tata Teleservices to merge consumer mobile business with Bharti Airtel

The merger is being done on a debt-free cash-free basis, except for Bharti Airtel assuming a small portion of the unpaid spectrum liability of Tata`s towards DoT, which is to be paid on deferred basis, the statement added.

Oct 12, 2017, 16:35 PM IST
NCLT sets aside Cyrus Mistry plea to shift case to Delhi bench

NCLT sets aside Cyrus Mistry plea to shift case to Delhi bench

The principal bench of the NCLT headed by Chairman Justice M M Kumar also imposed a cost of Rs 10 lakh on Mistry's two investment firms, which would be shared by both.

Oct 06, 2017, 12:11 PM IST
Tata Sons appoints Eruch N Kapadia as CFO

Tata Sons appoints Eruch N Kapadia as CFO

The group CFO position was created after N Chandrasekaran took over as Chairman of Tata Sons.

Sep 25, 2017, 16:46 PM IST
Only Tata, Sekhsaria can appeal as minority shareholders in Tata Sons: NCLAT

Only Tata, Sekhsaria can appeal as minority shareholders in Tata Sons: NCLAT

While Tata is the Chairman Emeritus of Tata Sons, the holding firm of the USD 105 billion salt-to-software group, NS Sekhsaria is Chairman, Non-Independent and Non-Executive Director of Ambuja Cement.

Sep 22, 2017, 18:33 PM IST
Tata Sons receives shareholders' approval to become private company

Tata Sons receives shareholders' approval to become private company

Tata Sons, the promoter of major operating companies of the Tata group, was for past some days planning to convert itself into a private limited firm from a public limited one

Sep 21, 2017, 17:57 PM IST

NCLAT ruling on rule waiver: Mistry says 'vindicated'

In today's ruling, the appellate tribunal has granted waiver to Mistry firms in the filing criteria of having 10 percent shares of the company.

Sep 21, 2017, 15:29 PM IST
NCLAT allows waiver plea of Cyrus Mistry firms

NCLAT allows waiver plea of Cyrus Mistry firms

Mistry was ousted as Tata Sons chairman in October 24, 2016 and was also removed subsequently as director on the board of the holding company on February 6, 2017.

Sep 21, 2017, 11:44 AM IST
NCLAT to pronounce verdict over Cyrus Mistry's waiver plea today

NCLAT to pronounce verdict over Cyrus Mistry's waiver plea today

The appellate tribunal had concluded its hearing on July 24 and reserved its judgement.

Sep 21, 2017, 09:12 AM IST

Tata Sons buys 4.31 crore shares of TGBL from Tata Chemicals

In a regulatory filing, Tata Chemicals said it has sold 4,31,75,140 equity shares of face value of Re 1 each of Tata Global Beverages Ltd (TGBL) to Tata Sons Ltd at price of Rs 213.35 per share.

Sep 19, 2017, 17:19 PM IST
Book opens for buyer seeking $312 million stake in India's Tata Motors

Book opens for buyer seeking $312 million stake in India's Tata Motors

The purchase, which is being undertaken through a so-called reverse bookbuild method, is for up to 1.71 percent of Tata Motors, the term sheet showed.

Sep 19, 2017, 14:13 PM IST
Mistry asks Tata cos to reject making Tata Sons private entity

Mistry asks Tata cos to reject making Tata Sons private entity

The Mistry family holds 18.4 per cent stake in Tata Sons while the Tata Trusts holds 66 per cent.

Sep 18, 2017, 21:11 PM IST
Tata Sons to raise stake in TGBL, Tata Chemicals

Tata Sons to raise stake in TGBL, Tata Chemicals

Tata Sons, the promoter of major Tata group companies, will hike its shareholding in Tata Global Beverages and Tata Chemicals by up to 6.84 percent and 4.39 percent respectively for a total estimated value of Rs 1,458 crore.

Sep 12, 2017, 10:38 AM IST
Tata Motors took unanimous decision to stop Nano: Mistry

Tata Motors took unanimous decision to stop Nano: Mistry

Ousted Tata Sons chairman Cyrus Mistry on Tuesday said Tata Motors had taken a unanimous decision to discontinue production of loss-making Nano almost a year back, which however continues to be manufactured at a subscale level till date.

Aug 22, 2017, 22:58 PM IST
Sikka saga: Institutions need to outlive founders, feel experts

Sikka saga: Institutions need to outlive founders, feel experts

Sikka's resignation from IT major Infosys is the second high profile exit of an 'outsider' from a big corporate after Cyrus Mistry was removed as chairman of Tata Sons in November last year.

Aug 20, 2017, 14:52 PM IST
AirAsia fund diversion case: Tata Sons denies Cyrus Mistry charges

AirAsia fund diversion case: Tata Sons denies Cyrus Mistry charges

Tata Sons on Wednesday rejected the allegations that its ousted chairman Cyrus Mistry has made against managing trustee of Tata Trusts R Venkataramanan and linking him to some wrongdoings at Air Asia India.

Jul 05, 2017, 19:25 PM IST
Cyrus Mistry, others face Rs 500 crore criminal defamation case

Cyrus Mistry, others face Rs 500 crore criminal defamation case

A court here has initiated process against industrialists Cyrus P. Mistry, Shapoor Mistry and others in a Rs 500 crore criminal defamation complaint lodged last month by Tata Trusts` Managing Trustee R. Venkataramanan, an official said on Tuesday.

Jul 04, 2017, 23:11 PM IST