Tata Group

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9h
Business Standard India
Year of the crisis leaderspublic spat between another founder Narayana Murthy and the firm’s first non-pr
Business Standard India / Posted 9 hours ago
public spat between another founder Narayana Murthy and the firm’s first non-promoter CEO Vishal Sikka. Ditto at the Tata group, the over $ 100-billion salt-to-software conglomerate. After the ignominious sacking of its chairman Cyrus Mistry... Read more
11h
The Hindu
Mixed show by Tata firms post-Mistryout corporate battle which is far from finished yet. While the last one year s
The Hindu / Posted 11 hours ago
out corporate battle which is far from finished yet. While the last one year saw a slew of negative news hit the Tata Group, the listed entities of the conglomerate witnessed a mixed run on the bourses with most of the better-known... Read more
13h
Business Standard India
Tata Group's corporate governance not up to mark: Nirmalya Kumarlast year," said he. Kumar said post his exit from the Tatas, he is focusing o
Business Standard India / Posted 13 hours ago
last year," said he. Kumar said post his exit from the Tatas, he is focusing on his academic career and the events at the Tata group gave him an inside view of the Tata group. “Just 11-12 people at the top does not make the Tata group. It’s the... Read more
21h
Business Standard India
Telecom shares rally; Idea, RCom up over 5%, Bharti Airtel hits 8-year hightwo weeks, the stock rallied 29% after the company said on October 12 that it w
Business Standard India / Posted 21 hours ago
two weeks, the stock rallied 29% after the company said on October 12 that it will acquire the wireless business of the Tata Group. Tata Teleservices (Maharashtra) too locked in upper circuit for the seventh straight trading sessions up 5% at... Read more
1d
Business Standard India
'I am being sacked', Mistry texted wife ahead of Oct 24 meeting last yearto return the next day" when the latter queried him about the same. Kumar said
Business Standard India / Posted yesterday
to return the next day" when the latter queried him about the same. Kumar said Mistry's ouster stood out because the Tata Group had a history of only six chairmen over 148 years. "Cyrus Mistry was selected after a careful process that took... Read more
5 related articles
1d
asianage
I am being sacked, Mistry texted wife before board meetMistry to return the next day" when the latter queried him about the same. Kum
asianage / Posted yesterday
Mistry to return the next day" when the latter queried him about the same. Kumar said Mistrys ouster stood out because the Tata Group had a history of only six chairmen over 148 years. "Cyrus Mistry was selected after a careful process that took... Read more
5 related articles
2d
Business Standard India
No CEO spoke ill of Mistry, says Nirmalya KumarWriting in his blog, Kumar, who was head of strategy of the Tata group during M
Business Standard India / Posted 2 days ago
Writing in his blog, Kumar, who was head of strategy of the Tata group during Mistry’s tenure and removed the same day as the latter, said no group CEO, barring two — Harish Bhat and Bhaskar Bhat — spoke ill of Mistry in the past year. This showed... Read more
5 related articles
2d
asianage
'How Cyrus Mistry was Fired as Tata Chairman'is always news, despite it not being a terribly uncommon occurrence. What made
asianage / Posted 2 days ago
is always news, despite it not being a terribly uncommon occurrence. What made the firing of Mistry so unusual was that Tata Group had a history of only six Chairman over 148 years,” wrote Kumar. What followed is known to all – one of the... Read more
5 related articles
2d
The Hindu
‘Mistry’s exit could have been smoother’of Tata Sons better? Yes, if one were to go by Nirmalya Kumar, a close associa
The Hindu / Posted 2 days ago
of Tata Sons better? Yes, if one were to go by Nirmalya Kumar, a close associate of Mr. Mistry and a former member of the Tata Group executive council. Blog post In a blog,Mr. Kumar said, “by eschewing the public humiliation of Cyrus Mistry, the... Read more
5 related articles
2d
Business Standard India
No Tata CEO spoke ill of Cyrus Mistry, says Nirmalya KumarNirmalya Kumar, a close aide to former Tata group chairman Cyrus Mistry said on
Business Standard India / Posted 2 days ago
Nirmalya Kumar, a close aide to former Tata group chairman Cyrus Mistry said only law firms and public relations (PR) companies gained from the Tata-Mistry war, while the reputation of the Tata group, as well as Cyrus Mistry, was damaged... Read more
5 related articles
3d
Business Standard India
Tata Motors: Aggressive efforts for a turnaroundTata group chairman N Chandrasekaran recently said the cost of Tata Motors’ pas
Business Standard India / Posted 3 days ago
Tata group chairman N Chandrasekaran recently said the cost of Tata Motors’ passenger car division was “out of whack” and he was working closely with Tata Motors’ CEO and MD Guenter Butschek to chalk out a plan to turn around the loss-making domestic... Read more
3d
Business Standard India
Tata group stocks lag the SensexOne year after Cyrus Mistry’s exit as group chairman, Tata group companies have
Business Standard India / Posted 3 days ago
One year after Cyrus Mistry’s exit as group chairman, Tata group companies have remained laggards on the bourses. The combined market capitalisation of 26 listed group companies and stocks is up 4.7 per cent in the last 12 months, against 15.8 per... Read more
3d
Business Standard India
Tatas put Bombay House in orderThe biggest restructuring in the history of corporate India could well be under
Business Standard India / Posted 3 days ago
The biggest restructuring in the history of corporate India could well be underway as new Tata group chairman N Chandrasekaran aims to remove impediments at the $105-billion group. Ever since Cyrus Mistry was removed as chairman on October 24, 2016,... Read more
4d
Business Standard India
Tata Sky may get a boost with TTSL dealTata Sky may have a chance at building a communications ecosystem if Tata Group
Business Standard India / Posted 4 days ago
Tata Sky may have a chance at building a communications ecosystem if Tata Group decides to combine the fixed-line and broadband businesses of Tata Teleservices (TTSL) with the former’s direct-to-home (DTH) business. While no decision has been taken... Read more
5d
Business Standard India
Railway stations in 15 cities may soon offer residential apartmentsto the tune of Rs 15,000 crore. This was decided after Goyal held a meeting wi
Business Standard India / Posted 5 days ago
to the tune of Rs 15,000 crore. This was decided after Goyal held a meeting with major stakeholders, including the Tata group, Shapoorji Pallonji, GMR, Essel Group and L&T on September 20 and October 5 this year. However, some developers... Read more
7d
asianage
Leslie Thng takes over as Vistara CEO; replaces Phee Teik Yeohis effective from today, replaces Phee Teik Yeoh, who has returned to Singapore
asianage / Posted 7 days ago
is effective from today, replaces Phee Teik Yeoh, who has returned to Singapore Airlines. A joint venture between Tata group and Singapore Airlines, the airline began its commercial operations in January 2015. Currently, it has a fleet of... Read more
7d
asianage
Airtel's takeover of Tata Tele beneficial but raises integration risk: S&PRatings has said. S&P said however that Airtel's rating is "unaffected" by its
asianage / Posted 7 days ago
Ratings has said. S&P said however that Airtel's rating is "unaffected" by its recently-announced acquisition of the Tata Group firm. "In our view, this deal increases integration risk for Bharti because the company will be simultaneously... Read more
4 related articles
7d
The Hindu
Airtel-Tata deal beneficial but raises integration risk: S&PRatings has said. S&P said however that Airtel’s rating is “unaffected” by its
The Hindu / Posted 7 days ago
Ratings has said. S&P said however that Airtel’s rating is “unaffected” by its recently-announced acquisition of the Tata Group firm. ”...in our view, this deal increases integration risk for Bharti because the company will be simultaneously... Read more
4 related articles
7d
The Hindu
Leslie Thng takes over as Vistara CEOis effective from today, replaces Phee Teik Yeoh, who has returned to Singapore
The Hindu / Posted 7 days ago
is effective from today, replaces Phee Teik Yeoh, who has returned to Singapore Airlines. A joint venture between Tata group and Singapore Airlines, the airline began its commercial operations in January 2015. Currently, it has a fleet of... Read more
7d
Business Standard India
Diwali dhamaka: Stocks to buy in Samvat 2074We have a positive view on the stock. Target price: Rs 590 Trent: The company
Business Standard India / Posted 7 days ago
We have a positive view on the stock. Target price: Rs 590 Trent: The company was established in 1998 and part of the Tata group, Trent operates Westside, one of India’s largest and fastest growing retail chains; Star Bazaar, a hypermarket... Read more
9d
asianage
Reliance Jio Q2 loss at Rs 270.5 croreaccelerated the consolidation in the industry and large operators are either co
asianage / Posted 9 days ago
accelerated the consolidation in the industry and large operators are either combining forces (Idea-Vodafone) or acquiring smaller players (Bharti's acquisitions of Telenor and now the consumer mobile business of Tata Group) to protect thei... Read more
16 related articles
10d
The Economic Times
Airtel-Tata Teleservices deal unchains the bullssaid in a note to clients. Swiss brokerage UBS said the deal would give Airtel
The Economic Times / Posted 10 days ago
said in a note to clients. Swiss brokerage UBS said the deal would give Airtel “access to 60,000 km of fibre owned by the Tata group, complementing the Sunil Mittal-led telco’s own 240,000 km of fibre resources, helping it eliminate the gap with... Read more
29 related articles
10d
Gulf News
Billionaire gets Tata’s 40m users in ‘cash free’ dealsince May 10 MUMBAIBharti Airtel Ltd surged the most since in five months afte
Gulf News / Posted 10 days ago
since May 10 MUMBAIBharti Airtel Ltd surged the most since in five months after it announced that it had agreed to absorb Tata Group’s mobile-phone business in the latest among mergers shaking up one of the world’s most crowded wireless... Read more
29 related articles
10d
Business Standard India
Merger a win-win deal for Bharti Airtel, Tata TeleN Chandra always wanted to get rid of the unviable mobile telephony business an
Business Standard India / Posted 10 days ago
N Chandra always wanted to get rid of the unviable mobile telephony business and that will allow him to concentrate the Tata Group’s capital in places where it really matters. For Bharti Airtel, it gives them access to a captive client base,... Read more
29 related articles
10d
The Hindu
Airtel stock surges on Tata mobile unit dealBharti Airtel Ltd saw its share price surge as much as 8 % in early Friday trad
The Hindu / Posted 10 days ago
Bharti Airtel Ltd saw its share price surge as much as 8 % in early Friday trade as investors cheered its purchase of Tata Group's mobile arm, in a deal that secures 40 million new clients and spectrum at little cost. The deal with Tata... Read more
29 related articles
10d
Business Standard India
Tata Tele is second telco Bharti Airtel is getting virtually free this yearadd 40 million customers to the Sunil Bharti Mittal-led company at a throwaway
Business Standard India / Posted 10 days ago
add 40 million customers to the Sunil Bharti Mittal-led company at a throwaway price, will also mean that the $103-billion Tata group won’t have to shut down its telecom business and worry about thousands of job losses. In its 149-year-old history,... Read more
29 related articles
10d
asianage
Airtel to acquire struggling Tata Tele on 'no-debt, no-cash'New Delhi: Bharti Airtel will acquire Tata Group's loss-making mobile telephony
asianage / Posted 10 days ago
New Delhi: Bharti Airtel will acquire Tata Group's loss-making mobile telephony business, almost for free, boosting its spectrum holding and raising subscriber base while saving the Tatas from the prospect of having to shut down the struggling... Read more
29 related articles
11d
The Economic Times
9 macro triggers that should matter for market todayThe Tata Tele-Airtel Deal The Tata Group has agreed to sell its mobile business
The Economic Times / Posted 11 days ago
The Tata Tele-Airtel Deal The Tata Group has agreed to sell its mobile business to Bharti Airtel for free, ending the conglomerate's long-standing attempts to rid itself of this loss-making venture while bolstering the market share and 4G airwaves... Read more
11d
Business Standard India
Telecom exposure of Tata group stands at Rs 47,000 croreAfter its exit from the consumer mobile business, the Tata group, which had inv
Business Standard India / Posted 11 days ago
After its exit from the consumer mobile business, the Tata group, which had invested Rs 47,208 crore in the past 15 years through equity and debt, would now have two businesses — enterprise business and retail fixed-line and broadband business.... Read more
29 related articles
11d
Business Standard India
Tata Tele-Bharti Airtel deal will help stress resolution, say lendersThe transfer of Tata group’s consumer mobile business to Bharti Airtel is expec
Business Standard India / Posted 11 days ago
The transfer of Tata group’s consumer mobile business to Bharti Airtel is expected to lessen the debt burden on lenders and pave the way for further consolidation in the troubled sector. Though many cases, including Reliance Communication, await... Read more
11d
Business Standard India
How Tatas made the wrong calls in telecomwas not smooth with both sides battling it out in court till eventually the Jap
Business Standard India / Posted 11 days ago
was not smooth with both sides battling it out in court till eventually the Japanese partner was paid off. Even though the Tata group pumped in money, Tata Teleservices’ losses did not ease. It was also completely unprepared to respond to the... Read more
11d
Business Standard India
How Tata Tele-Bharti Airtel deal was done in 5 daysat a closure of the telecom business and had begun sounding out customers and e
Business Standard India / Posted 11 days ago
at a closure of the telecom business and had begun sounding out customers and employees last month. Top officials of the Tata group including CFO Saurabh Agrawal and Tata Tele MD N Srinath visited the Department of Telecom headquarters in New... Read more
29 related articles
11d
The Economic Times
Post wireless merger, Bharti-Tata tango likely across telecoms & media spacethe small retail fixed Line business and the broadband business of Tata Tele ar
The Economic Times / Posted 11 days ago
the small retail fixed Line business and the broadband business of Tata Tele are also set to be combined with Tata Sky, the Tata Group’s privately held direct to home (DTH) JV with Rupert Murdoch’s Rupert 21st Century Fox, and Temasek. Any such... Read more
29 related articles
11d
The Economic Times
Tata companies prepare to park their charity with Tata TrustsMUMBAI: Big Tata group companies are readying to channel asignificant part of t
The Economic Times / Posted 11 days ago
MUMBAI: Big Tata group companies are readying to channel asignificant part of their mandatory charity spend to Tata Trusts, the group's philanthropic arm and owner, in line with Tata Trusts Chairman Ratan Tata's effort to streamline all social spends... Read more
11d
Business Standard India
TCS Q2 net falls 2% to Rs 6,600 cr y-o-yaided by better margins and other income. A poll of analysts by Bloomberg had p
Business Standard India / Posted 11 days ago
aided by better margins and other income. A poll of analysts by Bloomberg had pegged the net profit at Rs 6,287 crore. The Tata group company’s business volume increased, as it won 47 clients, including an engagement with British insurer Lloyd’s,... Read more
10 related articles
11d
Business Standard India
Bharti gets Tata Tele for nothing; Rs 1,500-cr spectrum payout only costadd 40 million customers to the Sunil Bharti Mittal-led company at a throwaway
Business Standard India / Posted 11 days ago
add 40 million customers to the Sunil Bharti Mittal-led company at a throwaway price, will also mean that the $103-billion Tata group won’t have to shut down its telecom business and worry about thousands of job losses. In its 149-year-old history,... Read more
29 related articles
11d
Business Standard India
Airtel to take over liability of nearly Rs 2,000 cr for Tata Tele spectrumBharti Airtel will acquire Tata Group's loss-making mobile telephony business,
Business Standard India / Posted 11 days ago
Bharti Airtel will acquire Tata Group's loss-making mobile telephony business, almost for free, boosting its spectrum holding and raising subscriber base while saving the Tatas from the prospect of having to shut down the struggling unit. Airtel,... Read more
29 related articles
11d
dna
DNA Evening Reads | Talwars acquitted in daughter Aarushi's murder case; Himachal election dates announced; and moreto acquire debt laden Tata's consumer mobile business Debt laden Tata teleserv
dna / Posted 11 days ago
to acquire debt laden Tata's consumer mobile business Debt laden Tata teleservices and Tata Teleservices Maharashtra together referred as Tata to combine their Consumer Mobile Business with Bharti Airtel, Tata group announced on Thursday. Read... Read more
11d
asianage
Loss-making Tata Teleservices to merge with Bharti Airtel LtdMumbai: In a relief to Tata Group’s loss-making telecom business, Bharti Airtel
asianage / Posted 11 days ago
Mumbai: In a relief to Tata Group’s loss-making telecom business, Bharti Airtel will be absorbing Tata Tele’s Consumer Mobile Business’s (Tata CMB) operations across the country in 19 circles. Bharti Airtel, which will be taking on Tata’s Rs 10,000... Read more
29 related articles
12d
The Economic Times
Indian startups are not disruptive enough compared to global companiesopen economy, the country could well be home to the next Google with support fr
The Economic Times / Posted 12 days ago
open economy, the country could well be home to the next Google with support from the government and investors, the former Tata Group chairman said. "The government should and could play a major role in (developing India's startup ecosystem)... Read more
12d
Business Standard India
Major deals during Q2 might give sufficient boost to TCS results: Analyststo September on increased deals from North America and UK and improved spending
Business Standard India / Posted 12 days ago
to September on increased deals from North America and UK and improved spending by banking clients, say analysts. The Tata group company will kick off the quarterly results for Indian IT services sector on Thursday, which is looking to see... Read more
10 related articles
12d
The Economic Times
Airtel, Voda-Idea and Jio might command 90% market share: CLSAtelecom operators, along with Reliance Jio Infocomm, may well corner 90% of mar
The Economic Times / Posted 12 days ago
telecom operators, along with Reliance Jio Infocomm, may well corner 90% of market share by revenue, going forward, as the Tata group becomes the latest to head out of the wireless business, say analysts. The current state of the industry, though,... Read more
6 related articles
13d
The Economic Times
Srei Infrastructure files bankruptcy pleas against companies that held Viom sharesRs 1,005 crore. In an earlier email to ET, Srei Infra acknowledged receiving in
The Economic Times / Posted 13 days ago
Rs 1,005 crore. In an earlier email to ET, Srei Infra acknowledged receiving interest during these years. In October 2015, Tata group and Srei, with a clutch of private equity investors, sold a 51% stake in Viom to ATC for Rs 7,639 crore. Srei... Read more
13d
Business Standard India
Tata Teleservices lenders in huddle to recast loansbeing classified as a non-performing asset. Bankers said many telecom sector e
Business Standard India / Posted 13 days ago
being classified as a non-performing asset. Bankers said many telecom sector entities, including two companies of the Tata group, were facing financial stress and since options were limited, the lenders would look for a loan recast. As part of... Read more
13d
The Economic Times
Dassault plans business-jet manufacturing in India on Modi's push 64 years after Air India's nationalisation, Tata Group looking at bid to fly
The Economic Times / Posted 13 days ago
64 years after Air India's nationalisation, Tata Group looking at bid to fly its bird back home Moody's assigns Ba1 rating to GMR's Hyderabad Airport Global air travel demand rises... Read more
13d
The Economic Times
64 years after Air India's nationalisation, Tata Group wants to fly its bird back homeThe Tata Group, which founded Air India 85 years ago and was then forced to rel
The Economic Times / Posted 13 days ago
The Tata Group, which founded Air India 85 years ago and was then forced to relinquish control, is interested in bidding for the airline put up for sale by the government. If it acquires Air India, it will be 64 years after its nationalisation. The... Read more
13d
The Economic Times
India’s conglomerates need to slim down to reasonable sizes and focus on a few core businessesof the conglomerate dilemma, N Chandrasekaran, chairman of Tata Sons, told a si
The Economic Times / Posted 13 days ago
of the conglomerate dilemma, N Chandrasekaran, chairman of Tata Sons, told a sister publication of this newspaper that the Tata group needs to reduce its complexity. He would rather see the Tatas as focussed on five, six or seven broad businesses,... Read more
14d
The Economic Times
10 macro cues for your day on Dto slip further in the September 2017 round relative to its reading in the June
The Economic Times / Posted 14 days ago
to slip further in the September 2017 round relative to its reading in the June 2017 round. Tatas to Bid for Air India The Tata group is interested in bidding for state-owned Air India as the group needs to increase the sizes of its aviation... Read more
14d
Business Standard India
Tatas to look at Air India once data comes: N ChandrasekaranTata group Chairman N Chandrasekaran, in a series of interviews to the media, h
Business Standard India / Posted 14 days ago
Tata group Chairman N Chandrasekaran, in a series of interviews to the media, has unravelled his aviation strategy for the first time by saying the company might consider looking at Air India, being disinvested by the government. Chandra, as the... Read more
14d
The Economic Times
Do business founders follow process discipline when appraising and promoting the next generation?groups — Eicher and Escorts, to name just a couple — follow similar rules. Most
The Economic Times / Posted 14 days ago
groups — Eicher and Escorts, to name just a couple — follow similar rules. Most famously, Ratan Tata, chairman emeritus of Tata group, is known to have started from the shop floors of Tata Steel in the 1960s. In the next generation, three children... Read more
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