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The Indian Hotels Company is currently trading at Rs. 395.60, up by 2.20 points or 0.56% from its previous closing of Rs. 393.40 on the BSE. The scrip opened at Rs. 394.00 and has touched a high and low of Rs. 396.00 and Rs. 393.25 respectively. So far 29027 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 399.40 on 02-Jun-2023 and a 52 week low of Rs. 207.25 on 20-Jun-2022. Last one week high and low of the scri...
Indian Hotels Company moves up on partnering with Tata STRIVE to establish skill centre
Top industrial houses, including Reliance, Birla and Tata, on Friday announced investment proposals for Uttar Pradesh on the first day of the three-day Global Investors Summit 2023 being held here. Mukesh Ambani, Chairman of Reliance Industries Limited, announced an investment of Rs 75,000 crore in UP in the coming four years. About one lakh new jobs are expected to be created by this investment. Speaking at the event, Ambani said that the state would become a trillion dollar economy wi...
Top industrial houses including Reliance, Birla, Tata to invest in Uttar Pradesh
The Trustees of Tata Trusts have appointed Siddharth Sharma as the Chief Executive Officer (CEO) of the Trusts and Aparna Uppaluri as the Chief Operating Officer (COO), with effect from April 1, 2023. Sharma has been in government service for two decades where he handled important assignments in key ministries of the government, and as the financial advisor to the 13th and 14th Presidents of India. He subsequently joined the Tata Group where he has been heading the newly formed sustainabil...
Siddharth Sharma appointed CEO of Tata Trusts
Transportation company FedEx Express (FedEx) on Tuesday, deployed 30 TATA Ace EVs in Delhi to advance the sustainability goal of zero-emissions last-mile delivery in India. The company plans to transform its entire parcel pickup and delivery fleet to zero-emission electric vehicles globally by 2040. "The increasing popularity of e-commerce means transforming our operations to be more sustainable is more important than ever. The electrification of our fleet will go a long way toward...
FedEx India deploys EVs to achieve goal of zero-emissions last-mile delivery
Tata Sons Chairman N. Chandrasekaran has been appointed by the government as the Chair of Business 20 India and will lead the business agenda during the country's G20 Presidency, an official statement said here on Wednesday. The Confederation of Indian Industry (CII), India's apex industry body, has been named as the B20 India Secretariat by the government to lead the B20 India process, from December 1, when India's terms as G20 President commenced. Established in 2010...
Tata Sons` N. Chandrasekaran Chair of B20 India, to lead biz agenda
Indian conglomerate Tata Group is merging Air India with Vistara, its joint venture with Singapore Airlines (SIA), to create a bigger full-service carrier that will strengthen its presence in domestic and international skies. Autos-to-steel conglomerate Tata will hold 74.9% of the combined entity, while SIA will own the remaining 25.1%, the Indian group said in a statement on Tuesday. SIA will invest $252 million into Air India as part of the deal, Tata said, with the pair aiming to com...
Tata to bolster Air India with Vistara merger
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 possibility of its merger with Vistara, a joint venture between Tata Sons and Singapore Airlines. On September 15, Air India unveiled its comprehensive transformation plan, to establish itself, once again, as a world-class global airline. It said that over the next five years, it will strive to increa...
Buzz of merger with Vistara as Air India wants to establish itself as world-class global airline
The Kalyan Singh Super Specialty Cancer Institute (KSSSCI) is planning to replicate the model of functioning of Tata Memorial Hospital (TMH) in Mumbai. The effort is to learn the TMH model of functioning so that it can be replicated at KSSSCI. The director and deputy director of TMH will be made members of the governing body of KSSSCI. A proposal to this effect will soon be sent to the government. According to the government spokesman, a KSSSCI team will visit TMH to study the model ...
KSSSCI to replicate TATA model in Lucknow
Siemens Digital Industries Software on Friday announced it has appointment Mathew Thomas as Country Manager and Managing Director for its India operations. Thomas succeeds Suprakash Chaudhuri with immediately effect, the company said in a statement. "His strong experience in business will help Siemens continue to develop solid relationships with our customers in the region, assist them in making the switch to a software-driven manufacturing strategy and open up fresh prospects for ...
Siemens Digital Industries Software appoints new India biz head
Key News upGrad launches new upskilling programme; aims to enable 75,000 jobs Ronnie Screwvala-led edtech unicorn upGrad is doubling down on creating the largest upskilling programme portfolio. The programme will allow firsttime job seekers and working professionals to take their own upGrad branded courses. upGrad aims to enable 75,000 jobs through the new programme in one year. “Our own branded certification courses for job enablement allow us the flexibility to focus on what mak...
Key News - UpGrad ,Tata Trusts, Adani-owned, Infosys cuts, McLaren, Zomato - ARETE Securities Ltd
Tata's super app Neu will not restrict itself to the group's offerings but also cater to newer segments after taking feedback from its customers, its top executive said on Thursday. N Chandrasekaran, the chairman of Tata Group, said that the app will make its offerings "compelling to the consumers" and evolve those offering after taking inputs from the users. Launched on April 7, Tata Neu aims to take on Reliance and Amazon in the race to become the most popular super ...
Tata's super app Neu to create a 'compelling' platform for consumers
As tensions between Russia and Ukraine remain high, the Tata Group-led Air India will run three direct flights to Kyiv to bring back stranded Indians from the East European country. Accordingly, Air India will operate three flights between Delhi and Kyiv on its Boeing 787 Dreamliner aircraft. The flights to the Boryspil International Airport from India will be operated on February 22, 24 and 26. On Thursday, the Centre removed the restrictions on the number of flights and seats between ...
Rescue Ops: Tata-led Air India to run special flights to Ukraine
The Delhi High Court on Thursday junked BJP leader Subramanian Swamy's plea against debt-laden Air India's disinvestment process, in which the Tatas emerged as the highest bidder. A bench of Chief Justice D.N. Patel and Justice Jyoti Singh said: "The policy decision to disinvest was taken after following transparent procedure through multi-layered decision making, involving Inter-Ministerial Group (IMG), Core Group of Secretaries on Disinvestment (CGD) and the empowered Air In...
'Followed transparent procedure': HC junks Swamy's plea against Air India sale to Tatas
Tata AIA Life Insurance Company Limited (Tata AIA Life) on Monday said it closed last fiscal with a 34 per cent growth in its total premium income. The life insurer also said as it completes 20 years of existence, it is poised to introduce Health and Wellness related products in the coming year, marking a new chapter in the history of the industry. In a statement, TATA AIA Life said it closed last year with a total premium income of Rs 11,105.09 crore up from Rs 8,308.51 crore logged in...
TATA AIA Life to bring in health & wellness products
Ratan Tata-backed Moglix on Monday announced that it is the first industrial B2B commerce platform in the manufacturing space in India to become a new unicorn with raising $120 million in fresh funding which took its valuation to $1 billion. The Series E funding round was led by Falcon Edge Capital and Harvard Management Company (HMC), and also saw participation from existing investors Tiger Global, Sequoia Capital India and Venture Highway. "We started six year...
Ratan Tata-backed Moglix becomes new unicorn from India
The Competition Commission of India (CCI) has approved Tata Digital's proposed acquisition of 64.3 per cent stake in Supermarket Grocery Supplies Private Ltd (SGS), which operates the business-to-business arm of the online grocery firm BigBasket. The proposed combination involves acquisition by Tata Digital Limited (TDL) of up to 64.3 per cent of the total share capital of SGS (on a fully diluted basis) through a combination of primary and secondary acquisitions, in one or more series ...
CCI nod for Tata Digital`s acquisition of Big Basket
BENGALURU - Global and Indian firms are flexing their industrial muscle to help the world's second biggest population battle coronavirus, coming to the rescue of a public health system buckling under the weight of surging infections and deaths. Amazon.com, Intel and Google, as well as Indian firms Tata Sons, Reliance Industries and JSW Steel have pitched in with everything from airlifts of medical equipment and funding pledges to making medical oxygen. "What we need is better p...
From Amazon to Tata, industry steps up to combat India`s coronavirus crisis
Production of the aspirational Tata Nano at its Sanand plant in Gujarat dipped to a low in 2019 and to nil in 2020 due to its non-conversion to the latest BS-VI standards and other factors, the state Assembly was told on Tuesday. Replying to a series of questions by Congress members Niranjan Patel, Chandrikaben Bariya and Rajesh Kumar Gohil, Chief Minister Vijay Rupani said that the low production was due to the failure of Nano car's conversion to BS-VI standards and as other essential...
Tata Nano production nil in 2020 due to BS-VI issue: Gujarat
Tata Communications on Tuesday announced its partnership with Google Cloud to drive cloud adoption and transform Indian businesses. With this partnership, Tata Communications has expanded its managed public cloud services portfolio to include capabilities for Google Cloud. The partnership between Tata Communications and Google Cloud India will enable organisations to deploy and access Google Cloud services through Tata Communications' IZO(TM) Managed Cloud while providing them ea...
Tata Communications, Google Cloud to drive cloud adoption in India
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