Dwell market place updates: The critical benchmark indices ongoing to languish at the lows of the day on the again of persistent promoting stress in economic shares, predominantly personal institutions. The BSE Sensex was down far more than 1,000 factors around 55,200-odd amounts, though the NSE Nifty50 index dipped underneath the […]
Read Time : 4 Minutes
Air India’s control to be handed over, Tata Sons Chairman in Delhi

 
 
 The management command of nationwide provider Air India is established to be handed about to a subsidiary of Tata Sons. 
 
 According to very positioned sources, the Chairman of Tata Sons N. Chandrasekaran is in countrywide money to meet important Central governing administration officials in advance […]
Read Time : 6 Minutes
Maruti Suzuki, Hyundai report decline in wholesales for Dec; Tata Motors, M&M register growth
Passenger vehicle industry leaders Maruti Suzuki and Hyundai on Saturday documented a drop in wholesales in December 2021, even though homegrown majors Tata Motors and Mahindra & Mahindra documented development, amid semiconductor shortage continuing to effect production. Other producers Nissan and Skoda also documented an increase in December 2021 income […]
Read Time : 5 Minutes
Tata Steel Q1 consolidated PAT at Rs 8,907 cr vs loss of Rs 4,416 cr YoY
Tata Steel, the country’s oldest steel producer, documented a consolidated web revenue of Rs 8,907 crore in June quarter as against a decline of Rs 4,416 crore in the corresponding period of time very last calendar year on the back of enhanced income in Q1’FY22 and very low foundation on […]
Read Time : 3 Minutes
Guenter Butschek to step down as CEO & MD on June 30: Tata Motors
Tata Motors declared that Guenter Butschek who had knowledgeable his need to relocate to Germany at the finish of the agreement for personalized good reasons, will be stepping down from his part as CEO & MD from June thirty, 2021. He will continue on as a expert to the organization […]
Read Time : 3 Minutes
Tata Motors raises $425 mn in offshore bonds to pare debt, meet expenses
Indian automaker Tata Motors has elevated $425 million as a result of unsecured offshore bonds at a price of four.35% to refinance existing debt and fulfill expenditures, in accordance to a expression sheet of the offer seen by Reuters. Of the proceeds elevated, Tata will use 225 million pounds ($318 […]
Read Time : 4 Minutes
‘2020s belong to India’: Tata Chairman Chandrasekaran at FICCI meeting
Tata Team Chairman N. Chandrasekaran reported that impression of Covid on innovation has been ‘all-pervasive’ and the versions of functioning from dwelling are earning all providers rethink the long run of do the job. Addressing a session on “Motivated India: A Business enterprise Leader’s Standpoint”, during Ficci’s 93rd Once-a-year General […]
Read Time : 4 Minutes
Tata Steel Long Products freezes at 20% upper circuit on robust Q2 results
Shares of Tata Steel Long Items have been locked in the 20 for every cent higher circuit band at Rs 403 on the BSE on Wednesday in an if not weak market place following the organization documented a consolidated web income of Rs fifty nine.06 crore in July-September quarter (Q2FY21). […]
Read Time : 5 Minutes
My stand on Tata legacy hotspots is vindicated: Cyrus Mistry to SC
Cyrus Mistry, previous chairman of Tata Group, has explained his stand on the group’s sick businesses was vindicated as losses in these “legacy hotspots” ongoing to mount even after a new administration, led by the recent chairman N Chandrasekaran, took more than. In an affidavit filed in the Supreme Court […]
Read Time : 3 Minutes
Tata Motors, two group firms accused of antitrust violations: Report
India’s competition regulator is examining allegations that Tata Motors and two finance companies of its $one hundred billion mother or father team abused their marketplace place when promoting business motor vehicles, according to 3 sources and legal documents observed by Reuters. The Opposition Fee of India (CCI) is examining a […]
Read Time : 3 Minutes
After SC AGR ruling, Tata Tele pays Rs 2,197 cr, Voda Rs 2,500 cr to govt
With the Supreme Courtroom coming down intensely on telecom firms, Tata Teleservices and Vodafone Strategy on Monday made the payment of a portion of their Altered Gross Profits (AGR) dues to the Division of Telecommunications (DoT) in direction of license rate and spectrum use costs. Though Tata Teleservices paid Rs […]