The project, Eureka Park Phase 2, will come up in Sector 150 of Noida and will offer 3bhk flats to address the rising demand.
Published on Nov 17, 2021 10:12 PM IST
PTI | , Noida
Published on Oct 16, 2021 07:27 PM IST
- With the Tata Sons winning the Air India bid at ₹18,000 crore, the government is now looking at possibilities to sell its remaining four subsidiaries.
Published on Oct 10, 2021 03:42 PM IST
hindustantimes.com | Written by Sharmita Kar | Edited by Poulomi Ghosh, New Delhi
There will be no restriction on Tata Sons regarding the future merger, the finance ministry said.
Published on Oct 08, 2021 05:05 PM IST
With this, the airline will go back to the Tatas who have a long history with the national carrier. JRD Tata founded the airline in 1932 and it was at that time called Tata Airlines.
Published on Oct 08, 2021 04:14 PM IST
- With Tata Sons emerging as Air India next owners, this handover could come as a relief for Prime Minister Narendra Modi as the enterprise, for decades, was bleeding the government.
Published on Oct 01, 2021 01:16 PM IST
Written by Shankhyaneel Sarkar | Edited by Meenakshi Ray, Hindustan Times, New Delhi
Air India divestiture: Tata Sons was said to be selected as the winning bidder for Air India for Friday, a report by the Bloomberg news agency said.
Updated on Oct 01, 2021 11:49 AM IST
The meeting will take place via video conferencing.
Published on Sep 14, 2021 07:02 AM IST
hindustantimes.com, New Delhi
The SP Group had asked the top court to allow a separation of the group’s ownership interest through the 18.37% stake in Tata Sons by extinguishing the shares held by SP Group in lieu of a fair compensation or equities of listed Tata Group companies.
Updated on Mar 27, 2021 01:11 AM IST
, MumbaiAnirudh Laskar
The Supreme Court said that all the appeals filed by Tata Sons against Cyrus Mistry are allowed. "We leave it to Tata Sons and Mistry to take the legal route to resolve issues of shares," it added.
Updated on Mar 26, 2021 12:58 PM IST
hindustantimes.com | Edited by Amit Chaturvedi, Hindustan Times, New Delhi
AirAsia Group last month said it was reviewing investment in its cash-strapped Indian affiliate, hours after its Japan unit filed for bankruptcy. The group has also stopped funding AirAsia India leaving the future of the company largely dependent on India’s Tata Group.
Updated on Dec 30, 2020 09:18 AM IST
Under his leadership, Tata Sons’ revenue grew over 40 times and profit over 50 times. He was instrumental in the business’ expansion and conceptualisation of popular cars like the Tata Nano and the Tata Indica.
Published on Dec 28, 2020 05:02 PM IST
Hindustan Times, New Delhi |hindustantimes.com | Edited by Nilavro Ghosh
Subramanian in 2013 had filed a writ petition in the Delhi high court challenging the illegal grant of license to Air Asia India, which is a joint venture with Tata Sons
Updated on Dec 23, 2020 10:04 AM IST
Hindustan Times, Mumbai |Neha LM Tripathi
RATAN NAVAL TATA: This Tata Group ex-chairman was instrumental in the key acquisitions of Tetley, Jaguar Land Rover & Corus, that built a global brand. He is a Padma Bhushan & Padma Vibhushan awardee.
Updated on Dec 21, 2020 08:15 PM IST
Hindustan Times, New Delhi | HT Correspondent
Speaking at the 93rd annual convention of industry Chamber FICCI, he also said that if the idea “that the 2020s belong to India” has to be realised, industry should be bold and start visioning all projects at scale, while there is also a need a new focus on talent, enable data and bandwidth.
Published on Dec 12, 2020 12:17 PM IST
New Delhi |Press Trust of India| Posted by Susmita Pakrasi
Appearing for the Tata group, senior counsel Harish Salve told a Supreme Court bench headed by Chief Justice SA Bobde that the group’s estimate of the value of the stake is far lower than what has been claimed.
Updated on Dec 09, 2020 08:20 AM IST
Livemint, New Delhi/Mumbai |Japnam Bindra and Deborshi Chaki
A bench headed by Chief Justice SA Bobde questioned senior advocate C A Sundaram, appearing for Cyrus Mistry and his firms, for filing applications repeatedly when the case was already listed for final hearing.
Updated on Nov 18, 2020 09:01 PM IST
New Delhi |Press Trust of India | Posted by Shankhyaneel Sarkar
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.
Published on Oct 31, 2020 05:52 AM IST
Hindustan Times, Mumbai |Swaraj Singh Dhanjal and Jayshree P Upadhyay
or the unlisted Tata group companies, the SP group has sought an independent valuation followed by payment in cash or in listed securities.
Updated on Oct 30, 2020 05:08 AM IST
Mint, Mumbai |Jayshree P Upadhyay
Tata’s platform—an e-commerce gateway for its consumer products and services ranging from beverages to jewelry and resorts—may seek to compete with the ambitious plans of Ambani, Amazon.com and Walmart Inc.’s Indian venture Flipkart
Published on Sep 29, 2020 05:53 AM IST
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.
Published on Sep 29, 2020 05:45 AM IST
Mint, Mumbai |Jayshree P Upadhyay and Deborshi Chaki
The first point of friction could be the valuation of the SP group’s 18.4% stake in Tata Sons. While Tata Sons’ court filings peg the valuation of this stake at around ₹1.5 lakh crore, the SP group claims it is closer to ₹1.8 lakh crore.
Published on Sep 24, 2020 12:47 AM IST
Hindustan Times, Mumbai | , MumbaiSwaraj Singh Dhanjal
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.
Updated on Sep 24, 2020 02:48 AM IST
Hindustan Times, Mumbai |Jayshree P Upadhyay and Swaraj Singh Dhanjal
“The action by Tata Sons to block this crucial fund raise, without any heed for the collateral consequences, is the latest demonstration of their vindictive mind-set,” the SP Group said in a statement late Tuesday.
Updated on Sep 23, 2020 11:14 AM IST
The holding parent of Tata group companies said in a court filing that the bulk of operating companies underperformed the benchmark Sensex index, and that Tata Sons did not enter any significant business opportunities during Mistry’s tenure.
Updated on Jul 31, 2020 05:57 AM IST
Livemint, Mumbai |Jayshree P Upadhyay
AirAsia Bhd, which is facing headwinds due to airline industry disruptions from Covid-19, had in June approached the Tata group to sell its stake, as mandated by the terms of the joint venture (JV) under which Tata Sons has the right of first refusal, a person aware of the matter said.
Updated on Jul 12, 2020 11:20 PM IST
Mint, Mumbai/New Delhi |Anirudh Laskar and Rhik Kundu
Mistry is fighting a court battle against Tata Sons over his ouster from the Tata group, and is seeking proportional board representation as the largest shareholder in Tata Sons.
Published on Jul 11, 2020 04:52 AM IST
Hindustan Times, Mumbai | , MumbaiJayshree P Upadhyay
The holding company of Tata group, in a statement on Friday, said it is well-capitalised and prepared to take on the challenges posed by the countrywide lockdown since March 25, which has brought economic activity to a near- standstill.
Published on Jun 06, 2020 05:01 AM IST
Hindustan Times, Mumbai |Jayshree P Upadhyay
Last month, the NCLAT said Mistry was illegally ousted in October 2016 at the behest of Ratan Tata, the chairman-emeritus of the group, and that the actions were “oppressive” for minority shareholders.
Published on Jan 11, 2020 03:14 AM IST
Livemint, New Delhi |Prathma Sharma
While Mamta slammed the company over non-functional streetlights and its failure in completing the project even in one of the four zones of the city, the officials blamed the poor infrastructure and delay by the municipal corporation (MC) in granting permissions, for the alleged slow pace of the project.
Updated on Jan 07, 2020 10:47 PM IST
Hindustan Times, Ludhiana | HT Correspondent, Ludhiana