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Latest Articles in tata sons
Stage Set For Handover Of Air India To Tatas As Govt Notifies Agreement
The government had in October last year, inked the share purchase agreement with the Tata Group for the sale of national carrier Air India for Rs 18,000 crore
Read MoreTata Sons Chairman N Chandrasekaran Calls On PM Ahead Of Air India Handover
Tata Sons chairman N Chandrasekaran called on Prime Minister Narendra Modi on Thursday ahead of the official handover of Air India to the Tata Group.
Read MoreTata Sons, TICL To Participate In TCS' Mega Share Buyback Offer
According to a postal ballot notice by the company, Tata Sons and TICL intend to participate in the buyback offer.
Read MoreGovt Signs Share Purchase Agreement With Tata Sons For Rs 18,000-cr AI Deal
The deal also includes the sale of Air India Express and ground handling arm AISATS.
Read MoreAir 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.
Read MoreA 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).
Read MoreLong 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
Read MoreTata 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.
Read MoreTata 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.
Read MoreAirline 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.
Read MoreTata 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.
Read MoreTata 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.
Read MoreTejas 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.
Read MoreTata 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'
Read MoreTata 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.
Read More