Tag - Tata Group

At $365 billion, Tata Group’s market cap more than Pakistan’s economy


The combined market value of Tata Group companies has surpassed Pakistan's gross domestic product (GDP), a report by The Economic Times (ET) said. According to the report, the listed companies of the salt-to-software conglomerate have produced fantastic returns on the stock market in one year, and their combined value is now more than Pakistan's entire...

Tata Group crosses Rs 30 lakh crore market cap for first time


Mumbai: Tata Group companies' shares combined market capitalisation crossed Rs 30 lakh crore on February 6. With this, the Tata group has become India's first conglomerate to hit such a milestone driven by strong performances from Tata Consultancy Services, Tata Motors, Tata Power and Indian Hotels. Tata Consultancy Services Ltd surged over 9 per cent...

Not in negotiations to acquire Haldiram’s: Tatas


New Delhi, Sep 6 (IANS) Tata Consumer has said it is not in negotiations to seek control of snack maker Haldiram’s. In a clarification, Tata Consumer said it is not in negotiations with Haldiram's as reported in media reports. “We are not aware of any information that has not been announced to the Exchanges, which...

IndiGo to start codeshare flights to US


IndiGo is all set to commence codeshare flights through Istanbul to the US as the no-frills carrier continues to expand its international connectivity. The flights, in codeshare partnership with Turkish Airlines, will provide connections to New York, Boston, Chicago and Washington, effective June 15, it said in a release on Friday.  The airline, India's largest in terms of domestic market...

Air India creates aviation history, places largest-ever order for 470 aircraft


The Tata group-owned Air India on Tuesday placed the largest-ever aircraft order in global aviation history with letters of intent signed for the purchase of 470 aircraft, a mix of narrow-body and wide-body Airbus and Boeing aircraft. The aggregate purchase value at list prices for the 470 firm orders, 160 options, and 210 purchase...

Tata Group to open 100 exclusive Apple stores across India


Indian salt-to-software conglomerate Tata Group plans to open 100 stores across the country that will only sell Apple Inc products, the Economic Times newspaper reported on Monday, citing two people aware of the matter.  Tata Group's Infiniti Retail, which runs the consumer electronics store chain Croma, will be an Apple-authorized reseller and set up stores...

Tata Group to consolidate Air India and Vistara


New Delhi: The Tata Group has announced the consolidation of its airlines, Vistara and Air India. With this consolidation, Air India will be India's leading domestic and international carrier with a combined fleet of 218 aircraft, making it India's largest international carrier and second largest domestic carrier. Air India, an airline fully owned by Tata...

US orders Air India to pay $ 121.5 million as refunds to passengers


The US has ordered Tata-group-owned Air India to pay a whopping $121.5 million as refunds and USD 1.4 million as penalties for extreme delays in providing refunds to passengers due to the cancellation or change in flights, mostly during the pandemic, officials said.  Air India is among the six airlines that have agreed to cough...

Cyrus Mistry death: Tragic reminder on rear seat belts


The tragic death of Cyrus Mistry, former chairman of the Tata Group, in a car crash has turned into a wake-up call for passengers in the back seat who almost never strap on their seat belts. “I resolve to always wear my seat belt even when in the rear seat of the car. And I...