TATA GROUP
India Inc. is profitable. So why isn’t it investing?
Indian companies are making record profits, but they are not investing in new factories or infrastructure. This is creating fewer jobs and increasing inequality. Unlike China, which invests heavily, Indian businesses are hesitant. This trend risks trapping India in scarcity. Leaders must decide on a path towards mass affluence now.
India's Electronics Mart eyes new markets as tech hubs fear job losses
Electronics Mart India is diversifying its store presence beyond Hyderabad due to concerns about potential AI-driven job losses impacting consumer spending in the tech hub. The retailer plans to invest significantly in opening new stores, particularly in Kolkata and the New Delhi region, to reduce its dependence on the IT sector.
SP Group seeks more time to repay bonds nearing maturity
Shapoorji Pallonji Group has reduced its ₹28,500 crore refinancing by ₹3,500 crore and is seeking a two-month extension on ₹14,300 crore of maturing bonds. Delays in debt raising, initially impacted by rising hedging costs, are forcing the conglomerate to negotiate more time with creditors. The refinancing, arranged by Deutsche Bank, is now expected to close later this summer.
Delayed takeoff: Noida airport begins flight operations today
The Noida airport opens today with an IndiGo flight to Lucknow. Initially, 12 daily flights will operate, increasing to 40 by July. IndiGo and Akasa begin services this week. Tata group airlines are delayed due to capacity cuts. The airport is built for long-term growth, with confidence in India's traffic recovery.
Tata Trusts to hike philanthropic spending to Rs 2,000 cr this fiscal, CEO hits back at 'chaos' narrative
Tata Trusts will boost its charitable spending to Rs 2,000 crore this fiscal year. CEO Siddharth Sharma highlighted the trusts' commitment to societal upliftment. This increased funding will support initiatives like cancer care and the establishment of a new university and hospital. Sharma emphasized the trusts' ongoing dedication to their philanthropic goals, aiming to serve those in need across India.
JRD Tata once lost his favourite pen. Top Tata official bought him a similar one from London. But JRD still refused to take it. Why?
A lost pen led to a powerful lesson in integrity from JRD Tata. A Tata Steel executive found an identical pen in London and gifted it to Tata. Tata, though delighted, returned the pen. He explained he never accepted gifts from colleagues to prevent pressure. His decision showed personal accountability matters even when no one is watching.
- Go To Page 1
Tata Sons board meets to approve FY26 accounts
The Board of Tata Sons convened to approve annual accounts and dividend for FY26. Key figures including Group Chairman N Chandrasekaran and Tata Trust Chairman Noel Tata attended the meeting at Bombay House. Discussions did not include Chandrasekaran's tenure extension or the potential listing of the holding company.
Boeing, civil aviation minister issue key statement on Air India AI-171 crash probe
Boeing and India's Civil Aviation Minister Ram Mohan Naidu issued statements marking one year since the Air India AI-171 crash. Both expressed condolences to the victims' families and affirmed their commitment to the ongoing investigation. The minister emphasized a thorough determination of causes to enhance aviation safety.
Air India plans to downsize with owner Tata balking at losses
Air India is reportedly deferring aircraft deliveries, cutting flights, and postponing expansion plans following instructions from owner Tata Group to focus on reducing significant losses. This strategic shift aims to stabilize operations and implement cost-cutting measures, impacting a previously ambitious growth agenda.
'We will bring back Tatas in Bengal': Suvendu Adhikari
Suvendu Adhikari, West Bengal Chief Minister, stated the BJP plans to bring the Tata Group back to the state. This comes after the Tata Motors Nano project's departure from Singur in 2008. The move aims to revive industrialisation and investment discussions in West Bengal. The BJP's commitment signals a potential return for significant industrial ventures.
A year after Air India tragedy, Tata's Rs 1 crore relief reaches most, but some families still decline belongings
Air India has disbursed ex-gratia payments to most families of the Air India plane crash victims. Personal belongings are being returned with respect. Digital devices have also been returned. The airline is also compensating those injured on the ground. A trust was set up to support victims and their families.
Air India says 96% of Ahmedabad crash victims' families have received interim compensation
Air India is nearing completion of compensation for AI171 crash victims. Most families have received interim aid, with final payouts underway. Personal belongings are being returned, and support services continue. Injured individuals on the ground have also received assistance. The Tata Group's welfare trust is providing additional aid. This marks progress ahead of the crash anniversary.
Air India's long history as it continues to face fallout from deadly crash
Investigators will delay the final report on the deadly Air India Boeing 787 crash. The analysis of the plane's engines requires more time. This incident marked the world's deadliest air disaster in a decade. Air India has a long history, founded in 1932. The airline is undergoing significant changes and fleet expansion.
Dividend rush! Buy these 5 Adani stocks, 4 Tata Group stocks today to lap up payout rewards
More than 30 companies, including five Adani Group firms and four Tata Group companies, have fixed June 12 as the record date for dividend payouts totaling nearly ₹300 per share. Investors looking to qualify for these dividends must buy the shares by June 11.
Tata Consumer Products to add 50-100 Starbucks outlets annually; sees potential for 8,000 units
Tata Starbucks aims for massive expansion in India, with plans to reach 8,000 stores. The coffee chain is now profitable at the operating level. This growth is driven by increasing cafe culture and a growing young population. The company is adding 50 to 100 new outlets annually, strengthening its presence across cities.
Priority will be to bring back Tatas in big way: Bengal's new industries minister
Bengal's new Industries Minister Tapas Roy is focused on attracting major investments from the Tata Group. He aims to signal the state's readiness for industrial revival. Efforts will be made to bring back businesses that left West Bengal. The government will work to restore investor confidence and create an industry-friendly environment.
Vijay Rupani's daughter urges Air India to drop compensation waiver requirement
Air India is offering compensation to families of victims from last year's Ahmedabad plane crash. However, families must waive their right to sue the airline and its manufacturer to receive the settlement. Radhika Mishra, daughter of a victim, urged Air India to halt these demands until the investigation concludes.
Air India Express defers Noida Airport launch, exits Hindon amid cost-cutting
Air India Express has indefinitely postponed its operations from Noida International Airport. This reduces the number of airlines launching services at the new airport next week. IndiGo will start services on opening day, followed by Akasa Air. Air India Group is focusing on cost reduction. Hindon Airport traffic has declined significantly. Stakeholders remain optimistic about future growth.
Tata Group units plan bond sales after year-long gap, bankers say
Two Tata Group infrastructure units, Tata Steel and Tata Projects, are poised to re-enter the corporate bond market after a 15-month hiatus. This move follows a recent easing of Indian corporate bond yields after the Reserve Bank of India maintained key policy rates.
Last date to buy these 3 Tata Group stocks for dividends worth Rs 89. Do you own any?
Investors have a final chance today to purchase shares in Tata Chemicals, Tata Elxsi, and Tata Investment Corporation. These three Tata Group companies have set June 10 as the record date for their upcoming dividends. Shareholders buying today will be eligible for a combined dividend payout of Rs 89.4. This presents an opportunity for investors to secure these corporate rewards.
Indian aviation market offers long-term opportunities: Star Alliance CEO
India's aviation market presents significant long-term opportunities. Air India is poised to benefit from this growth. Demand for premium leisure travel is rising globally and in India. Star Alliance members are adapting to this trend. Air India's transformation is progressing well with Star Alliance support.
Air India, Thai Airways to enter into codeshare agreement this year, expand travel options for travellers
Air India and Thai Airways are set to launch a codeshare agreement. This partnership will offer more travel choices for passengers flying between India and Thailand. The airlines aim to enhance connectivity across their networks. This collaboration will benefit travellers by providing convenient access to numerous destinations.
Infosys, Adani Enterprises, Trent among 44 stocks going ex-date this week. Do you own any?
Investors should watch out as 44 stocks including Infosys and Adani Group companies turn ex-date this week. Corporate actions like dividends, bonus issues, and stock splits are scheduled. Shareholders must hold shares by the record date to be eligible. This corporate activity presents opportunities for investors to track.
RBI to soon release revised list of upper-layer NBFCs: Governor
The Reserve Bank of India will soon release an updated list of upper-layer non-banking financial companies. This comes as Tata Sons has requested to be removed from this category. The central bank is examining this request. The new list will be finalised shortly. This update is crucial for financial sector regulations.
Titan Company shares gain 2%. Why JPMorgan, others see up to 28% upside after analyst call?
Titan shares are seeing gains as brokerages maintain a positive outlook. The company has outlined ambitious growth plans for the coming years. Key businesses like Tanishq are expected to see significant revenue and profit increases. Analysts highlight Titan's strong market position and ability to navigate challenges. Future growth is anticipated from both jewellery and other segments.
Air India, Riyadh Air ink initial pact for codeshare partnership
Air India and Saudi Arabia's Riyadh Air have signed an initial agreement. This partnership will offer seamless travel connections between India, Saudi Arabia, and beyond. Customers can expect a single booking and smoother onward journeys. The collaboration aims to support growing travel demand and explore joint initiatives. This move strengthens ties between the two nations.
Bigbasket elevates Seshu Tirumala as COO as it sharpens quick commerce push
Tirumala joined BigBasket in 2014 and was most recently its chief buying and merchandising officer. He has also overseen sourcing, category management and private labels. BigBasket said its private-label business now contributes nearly 40% of total sales.
Trent bonus issue alert! Last date to buy shares for 1:2 bonus reward. Do you own?
Trent, the parent of Zudio and Westside, has announced its first bonus share issue. The record date is June 4, meaning today is the final chance to buy shares for eligibility. Investors will receive one bonus share for every two shares held. This corporate action is a significant event for shareholders.
Load More
