Nov 30, 2020-Monday

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Monday, Nov 30, 2020
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Tata group

Nov 25, 2020 15:56
“This was the historic opportunity to review our fixed and variable costs,” Chief Executive Officer Puneet Chhatwal said Wednesday. read more
Nov 24, 2020 05:32
The fund infusion through a mix of debt and equity could see the Tata group’s stake in AirAsia India Ltd grow beyond the current 51%, the people said on condition of anonymity read more
Nov 21, 2020 13:55
Though the specific timeframe and aircraft requirements are yet to be finalised, the airline is studying various scenarios for direct flights, Vinod Kannan, chief commercial officer, Vistara, said. Currently, flag carrier Air India is the only Indian airline offering direct flights to the US. read more
Nov 19, 2020 23:43
The test kit would first become available in Apollo labs in Delhi, Bengaluru, Chennai, Hyderabad, Mumbai, Kolkata, Pune, and Ahmedabad, people aware of the matter said, identifying the first week of December for the rollout. read more
Oct 31, 2020 05:52
While the offer to swap Tata Sons’ holdings for listed Tata stocks will not require the Tatas to raise huge sums of money, legal experts said that the offer might be a double-edged sword for the Tatas and a double bonanza for the SP group. read more
Oct 30, 2020 04:47
or the unlisted Tata group companies, the SP group has sought an independent valuation followed by payment in cash or in listed securities. read more
Oct 28, 2020 06:12
For the Tata group, the deal is aimed at securing as much control as possible in India’s fast-growing e-commerce market before Reliance Industries Ltd and Flipkart become too big, said the second person. read more
Oct 27, 2020 15:53
From high-velocity practices to old-fashioned principles, a new book through people-centric episodes gives a peek-into the values that made the Tata Group the giant it is today. read more
Oct 15, 2020 08:13
Two people familiar with the matter said the Mumbai-based conglomerate may in the first step join the ongoing fundraise of Alibaba-backed BigBasket, which is looking to raise around $200 million in primary equity infusion. read more
Oct 14, 2020 11:34
Soon after its release, the Tanishq campaign immediately led to the hashtag #BoycottTanishq. The 45-second film faced massive backlash on social media. read more
Sep 29, 2020 10:26
According to ongoing discussions between the two companies, the super app could be launched as a joint venture between Tata and Walmart, leveraging on the synergies between Tata’s e-commerce business and Flipkart, Walmart’s e-commerce unit, according to the report. read more
Sep 29, 2020 09:54
Tata Group stocks have climbed after a report that Walmart may buy a stake in the conglomerate’s new digital platform. read more
Sep 29, 2020 05:45
Shapoorji Pallonji (SP) group and Tata group are valuing the shares of Tata Sons on four parameters—the value of listed companies, value of unlisted firms, brand value and debt. read more
Sep 23, 2020 23:56
The SP group will have to offer the stake to Tata Sons first because the latter has the right of first refusal on the shares as per the company’s articles of association (AoA), which were amended after the ouster of Cyrus Mistry as chairman of the Tata group holding company in 2016. read more
Sep 23, 2020 05:08
Tata Sons Pvt. informed the Supreme Court Tuesday that it’s open to buying out the 18% stake owned by the Mistry family’s cash-strapped Shapoorji Pallonji group if the latter needed to raise money for paying maturing debt. read more