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Latest Articles in tata sons

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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Tatas To Acquire 68 Pc Stake In BigBasket For Rs 9,500 Cr: Sources

BigBasket had raised USD 150 million from Mirae, Alibaba and CDC Group, which placed the Bengaluru-based company in the unicorn club (companies with valuation of USD 1 billion and above).

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Tata Sons To Acquire 32.67% More In AirAsia India For $37.66 mn; Stake To Rise To 83.67%

The announcement comes weeks after the Malaysia airline group said it is reviewing its investment in low-cost carrier AirAsia India, which has been 'draining cash' and causing much financial stress while also flagging its concerns about its businesses in Japan and India.

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N Chandrasekaran Says 'Thank You' In A Letter To Tata Employees

"It is important, also, to acknowledge the psychological toll of upheaval. It is a burden you have shouldered with great professionalism".

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Tata Sons Expected To Submit Initial Bid For State-Run Carrier Air India

Tata already operates two airlines in India - full-service carrier Vistara, which is in partnership with Singapore Airlines, and budget airline AirAsia India along with Malaysia's AirAsia Group.

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Tata Group To File Expression Of Interest For Air India Today

Tata’s are exploring various options now on how to carry on this transaction, as the group has been associated with two airlines in India in the past, a joint venture with Singapore airlines and also in another joint venture with Air Asia.

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Tata Sons Buys Shares Worth Rs 76 Cr In Tata Chemicals

As per Tata Chemicals' shareholding data for September 2020 quarter, Tata Sons held 29.39 per cent stake in the company as a promoter.

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Tata family mourns death of TCS founder Faqir Chand Kohli

Tata family mourns death of TCS founder Faqir Chand Kohli

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