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Latest Articles in tata sons

Air India Staff Unions Express Happiness Over Tata Sons Winning Bid For Airline

The Indian National Commercial Pilots Association (ICPA), the Airbus pilots' body of Air India, said it has great hopes from the new employer.

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A Red Carpet For The Maharajah

This time the Government of India’s disinvestment plan is focused on a quicker deal closure and on making the transaction fructify. If announced over the next few days, this deal could see closure in a few months (this financial year itself).

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Long Live The Maharajah

...all angles are examined. transfer of ownership, whether between two private entities or between a government-owned entity and a private party takes time

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Tata Sons Wins Bid To Acquire Air India

Tatas' winning bid of Rs 18,000 crore comprises taking over Rs 15,300 crore of debt and paying rest in cash; Air India's handover to Tatas is expected by Dec.

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Tata Group Better Corporate For Handing Over Air India, Says Montek Singh Ahluwalia

Tata Sons has emerged as the top bidder for the takeover of the state-run airline but the bid is yet to be approved by a group of ministers headed by Home Minister Amit Shah.

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Airline Stocks Take Hit On Reports Of Air India-Tata Sons Buzz

The aviation stocks saw selling after news reports came to the fore that Tata Sons is leading the race for Air India. InterGlobe Aviation, which operates IndiGo, fell nearly 3 percent at 13:53 PM on October 1. SpiceJet and Jet Airways shed around half a percent each.

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Tata Sons Said To Win Air India Bid As DIPAM States 'Official Approval Pending'

It is all but confirmed that the highest bidder, Tata Sons, is all set to win the financial bid in Air India disinvesment. However, the Department of Investment & Public Asset Management has cautioned that government's final decision is still awaited.

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Tata Sons Arm Acquires 16.8% Stake In Tejas Networks

The announcement on July 29 had mentioned a preferential allotment of 1.55 crore warrants, each carrying a right to subscribe to one equity share at an exercise price of Rs 258 per equity share aggregating to Rs 400 crore.

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Tejas Networks Shares Jump 5 %; Hit Upper Circuit As Tata Sons Arm To Acquire Controlling Stake

Tejas Networks on Thursday said an arm of Tata Sons will acquire controlling stake in it for nearly Rs 1,890 crore in a multi-step deal.

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Tata Sons Arm To Acquire Controlling Stake In Tejas Networks For Nearly Rs 1,890 Cr

This may be exercised by Panatone in 'one or more tranches during the period commencing from the date of allotment of the warrants until expiry of 11 months from the date of allotment of the warrants'

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Tata Group Has Spent Rs 2,500 Cr For COVID Relief Till Now: Chandrasekaran

As the pandemic continued in the country, group companies including larger ones like TCS and Tata Steel made additional contributions to the tune of Rs 1,000 crore.

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Hybrid New Normal, But Social Interactions A Necessity; Will Ask Employees To Return To Offices Post Pandemic: TCS

97 per cent of the company's staff have been working from their homes because of the pandemic, he said, admitting that a 'hybrid' model where people work from homes and also from offices will be the new normal.

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SC Order A Miscarriage Of Justice, Riddled With Errors: Mistry In Review Petition

The petition follows the March 26 Supreme Court order that dismissed all pleas of the SP Group and set aside the NCLAT order of December 2019 that reinstated Cyrus Mistry as the chairman of Tata Sons.

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Vistara To Roll Back Pay Cut For Select Staff Categories

The Tata Sons and Singapore Airlines joint venture airline had in June 2020 announced a reduction in salary of nearly 40 per cent of the total workforce till December 31 to deal with low cash flow amid weak passenger demand in the wake of the pandemic.

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Tatas Plan To Acquire Over 60 % Stake In BigBasket

Tatas have been looking to buy into BigBasket for the past many months and the proposed deal also provides an exit route for a host of investors, including Chinese billionaire Jack Ma-controlled Alibaba.

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