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Tag "Tata Sons"

Buzz of merger with Vistara as Air India wants to establish itself as world-class global airline

Buzz of merger with Vistara as Air India wants to establish itself as world-class global airline

🕔15:37, 19.Sep 2022

New Delhi, Sep 19 (IANS) Amid the ambitious plan of the Tata owned Air India to raise its market share substantially to at least 30 per cent in the domestic market, there is a buzz within the aviation industry on the

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In touch with Tatas for providing new aircraft for Air India: Airbus India

In touch with Tatas for providing new aircraft for Air India: Airbus India

🕔15:00, 21.Mar 2022

New Delhi, March 21 (IANS) Global aerospace major Airbus India on Monday said that it is in touch with Tata Group for providing its new aircraft A350 for Air India. Speaking at a company event here to showcase the new generation

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Committed to making Air India world-class airline, says Tata Sons Chairman

Committed to making Air India world-class airline, says Tata Sons Chairman

🕔07:37, 17.Feb 2022

New Delhi, Feb 17 (IANS) Tata Sons Chairman N. Chandrasekaran on Wednesday said the group is committed to make Air India a world-class airline which it deserves to become. In his maiden address to the staff via virtual platform, he said

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Ex-Turkish Airlines head Ayci named Air India CEO-MD

Ex-Turkish Airlines head Ayci named Air India CEO-MD

🕔07:39, 15.Feb 2022

Mumbai, Feb 15 (IANS) Tata Sons has announced the appointment of Mehmet Ilker Ayci as the new Chief Executive Officer and Managing Director of Air India, an official said here on Monday. Expected to take charge on or before April 1,

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Succession planning as Noel Tata joins two Tata trusts as trustee

Succession planning as Noel Tata joins two Tata trusts as trustee

🕔12:33, 14.Feb 2022

New Delhi, Feb 14 (IANS) In an important development signalling succession planning, two main Tata trusts controlling Tata Sons roped in Noel Tata as a trustee making him a board member, as per media reports. Reports said the move signals succession

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Air India Revamp: New flight App, strategy for better OTP on anvil

Air India Revamp: New flight App, strategy for better OTP on anvil

🕔17:10, 27.Jan 2022

New Delhi, Jan 27 (IANS) National carrier Air India under the Tata brand is set for major revamp in service standards as well as introduction of new passenger friendly amenities. According to sources, on avail are the likely introduction of

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AirAsia India expects full-traffic recovery in 2022 sans 3rd Covid wave

AirAsia India expects full-traffic recovery in 2022 sans 3rd Covid wave

🕔19:16, 23.Dec 2021

New Delhi, Dec 23 (IANS) Tata Sons-backed AirAsia India expects full passenger traffic as well as capacity recovery in 2022 sans a third Covid wave triggered via the Omicron variant. In a conversation with IANS, Ankur Garg, Chief Commercial Officer, AirAsia

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CCI approves acquisition of Air India stake by Tata Sons’ Talace

CCI approves acquisition of Air India stake by Tata Sons’ Talace

🕔21:26, 20.Dec 2021

New Delhi, Dec 20 (IANS) Fair market regulator Competition Commission of India on Monday approved the acquisition of Air India, Air India Express, and Air India SATS Airport Services by Talace, which is a wholly owned subsidiary of Tata Sons. The

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Divestment Saga: Air India employees to be retained for one-year

Divestment Saga: Air India employees to be retained for one-year

🕔19:35, 8.Oct 2021

New Delhi, Oct 8  Air India employees will be safeguarded even after the divestment of the national carrier by December-end. The announcement came after Tata Sons’ subsidiary Talace emerged as the highest bidder for the national carrier under the divestment

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Tata Sons to retain Air India debt of over Rs 15K crore

Tata Sons to retain Air India debt of over Rs 15K crore

🕔19:34, 8.Oct 2021

New Delhi, Oct 8  Tata Sons’ subsidiary Talace, which emerged as the highest bidder for national carrier Air India, will retain over Rs 15,000 crore worth of airline’s debt. Talace quoted an enterprise value of Rs 18,000 crore for 100

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‘Welcome back, Air India’, says Ratan Tata

‘Welcome back, Air India’, says Ratan Tata

🕔19:32, 8.Oct 2021

New Delhi, Oct 8  Life has come full circle for the Tata Group which has emerged as the winning bidder to takeover Air India, an airline that they once started and nurtured before the government decided to nationalise the air

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Tata Sons emerge as the highest bidder for Air India

Tata Sons emerge as the highest bidder for Air India

🕔17:49, 8.Oct 2021

New Delhi, Oct 8 (IANS) The Centre on Friday declared Tata Sons’ subsidiary Talace as the highest bidder for national carrier Air India under the divestment process. The Tatas’ subsidiary quoted Rs 18,000 crore of enterprise value for Air India, Divestment

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Air India back with the Tatas after seven decades

Air India back with the Tatas after seven decades

🕔17:39, 8.Oct 2021

New Delhi, Oct 8 (IANS) Life has come a full circle for the Tatas with the government declaring the corporate conglomerate the winning bidder to take over national carrier Air India. The airline the group once started and nurtured into becoming

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Divestment Flight: Centre receives financial bids for Air India

Divestment Flight: Centre receives financial bids for Air India

🕔08:20, 16.Sep 2021

New Delhi, Sep 16  The Centre on Wednesday received multiple financial bids for divestment of national carrier Air India. Tata Sons and industrialist Ajay Singh, in his personal capacity, have submitted financial bids for Air India. According to sources, Singh,

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Tata Digital acquires majority stake in BigBasket

Tata Digital acquires majority stake in BigBasket

🕔20:42, 28.May 2021

Mumbai, May 28  Tata Sons’ subsidiary Tata Digital on Friday said it has acquired a majority stake in supermarket grocery supplies private limited, the company which is better known as BigBasket. According to the company, E-grocery has been one of

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SC sets aside NCLAT order reinstating Cyrus Mistry as Tata Sons chairperson

SC sets aside NCLAT order reinstating Cyrus Mistry as Tata Sons chairperson

🕔13:33, 26.Mar 2021

New Delhi, March 26 In a huge victory for Tata Group, the Supreme Court on Friday accepted all contentions of the Tata conglomerate and set aside the order of the NCLAT, which restored Cyrus Mistry as the executive chairman of the

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Tata Sons to buy 32.67% stake of AirAsia Group in AirAsia India

Tata Sons to buy 32.67% stake of AirAsia Group in AirAsia India

🕔07:19, 30.Dec 2020

New Delhi, Dec 30  Tata Sons will enhance its shareholding in low-cost carrier — AirAsia India — by buying 32.67 per cent equity stake of its JV partner AirAsia Group Berhad. The budget airline is a JV in which Tata

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Tata Steel surges 7% as it starts talks with SSAB to sell Dutch unit

Tata Steel surges 7% as it starts talks with SSAB to sell Dutch unit

🕔12:16, 17.Nov 2020

New Delhi, Nov 17  Shares of Tata Steel surged nearly 7 per cent on Tuesday, after the company confirmed that is has started talks with Sweden-based SSAB to sell its Netherland business, including Ijmuiden steelworks. It surged 7.6 per cent

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Tata Power completes sale of defence biz to Tata Advanced Systems

Tata Power completes sale of defence biz to Tata Advanced Systems

🕔18:22, 2.Nov 2020

New Delhi, Nov 2  Tata Power has completed the sale of its defence business to Tata Advanced Systems Limited, a wholly-owned subsidiary of Tata Sons Pvt Ltd. The sale process was completed on October 31, a company statement said on

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Vistara to start international operations in August

Vistara to start international operations in August

🕔07:13, 12.Jul 2019

New Delhi, July 12  Tata Sons and Singapore Airlines promoted Vistara will start its international operations in August with flights to Singapore from Delhi and Mumbai. In a statement, Vistara said that it will operate two daily flights to Singapore,

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