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Singapore state investor Temasek Holdings is considering investing $100 million in Indian jeweller BlueStone for a stake of about 20%, two sources with direct knowledge of the matter told Reuters. The investment would value Bengaluru-based BlueStone, also backed by venture capital firm Accel and Indian industrialist Ratan Tata, at close to $500 million, said one of the sources, who declined to be identified as the matter is private. The potential deal could boost BlueStone's pl...
Temasek considers investing $100 million in Indian jeweller BlueStone
India's top industrialist and philanthropist Ratan Tata has been appointed to the 'Order of Australia' for distinguished service to the Australia-India relationship, particularly to trade, investment, and philanthropy, Australia's Governor General has announced. As of 2022, Ratan Tata, the Chairman Emeritus of Tata Sons and former Chairman of Tata Group, has a net worth of Rs 3800 crore. "In recognition of his support for the Australia-India relationship, he is wort...
Ratan Tata appointed to `Order of Australia` for bolstering bilateral ties
Prime Minister Narendra Modi on Tuesday congratulated Air India and Airbus for entering into an agreement, wherein Tata Group will buy 250 aircraft from the French plane manufacturer. Aiming to expand its fleet size and operation, the Tata group, which owns Air India, will buy 250 aircraft from Airbus in one of the largest aviation deals. The deal includes 40 A350 wide-body long-range aircraft and 210 narrow-body aircraft. "I congratulate Air India and Airbus for this landmark a...
PM Narendra Modi congratulates Air India and Airbus on aircraft deal
Ratan Tata on Monday paid glowing tributes to his former close associate R.K. Krishna Kumar who passed away here on New Year Day. "Words cannot describe the deep sense of loss I feel on the passing of my friend and colleague R.K. Krishna Kumar. I will always fondly remember the camaraderie we shared both within the Group and personally," said Ratan Tata. He described Krishna Kumar as "a true veteran of the Tata Group and the Tata Trusts and will be dearly missed by all&qu...
Ratan Tata pays rich tributes to ex-Tata honcho Krishna Kumar, funeral today
India's Tata Group is planning to open at least 20 "beauty tech" stores where it will use virtual makeup kiosks and digital skin tests to get young, affluent shoppers to buy premium cosmetic products, according to a company document and a person familiar with its strategy. The move pits Tata, whose interests range from cars to jewellery, against LVMH's Sephora and domestic rival Nykaa for a share of the fast-growing $16 billion beauty and personal care market in the world...
India`s Tata to open 20 `beauty tech` outlets, in talks with foreign brands
Vedanta founder Anil Agarwal was honoured with the Global Indian Award worth $50,000 by the Canada-India Foundation at its 15th annual gala here at the weekend. Agarwal donated the award money to a Canadian health charity working for the welfare of native Indians. Accepting the award at a star-studded gala event that included Ontario Premier Doug Ford, ministers and Indian consul general Apoorva Srivastava, the mining tycoon lauded the achievements of the 1.6 million-strong Indo-Canadia...
Vedanta founder Anil Agarwal honoured with Global Indian Award in Canada
Goodfellows, a young start-up that provides authentic meaningful companionship to seniors through young, educated graduates that are vetted intensely for empathy and emotional intelligence, was launched on Wednesday. It is a for-profit start-up based on the concept of intergenerational friendships. Shantanu Naidu, General Manager in the office of Ratan N. Tata, said, "The start-up emphasises that companionship means different things to different people. To some, it may mean watching a...
Ratan N. Tata invests in start-up offering companionship to the elderly
Key News Indiabulls Real Estate cuts its net debt by 54% to Rs 464 crore Indiabulls Real Estate has cut its net debt by 54 per cent to Rs 464 crore during the three months ended June, compared to the March quarter. Besides, the merger with the Embassy Group is in the final stage of National Company Law Tribunal (NCLT) review, according to an investor presentation by Indiabulls Real Estate Ltd (IBREL). In the investor presentation IBREL said its net debt stood at Rs 464 crore at the end ...
Key Stock News-Indiabulls Real Estate, Hines plans to develop ICICI Sec, Axis Cap, Ratan Tata ,Wockhardt initiates pha, Indian Oil aimsse-III, ARETE Securities
Ratan Tata, Chairman Emeritus of Tata Sons, has made a seed investment in a startup called "Goodfellows" that aims to help the elderly by pairing them with young and educated graduates for meaningful companionship, the startup said on Tuesday. In the last six months, "Goodfellows" has completed a successful beta and will now be available in Mumbai and soon in Pune, Chennai and Bengaluru. "The bonds between the two generations created by Goodfellows are very mean...
Ratan Tata invests in startup that connects the elderly with young graduates
India's leading omni-channel fine jewellery destination and business stalwart Ratan Tata-backed BlueStone on Monday announced the launch of four retail outlets in Delhi-NCR, taking the total count of their stores in the region to 18. The newly opened outlets are located at some of the most prominent locations and malls of the city -- East of Kailash, Kamla Nagar, Gaur City Mall and Ambience Mall. The company, which was established back in 2011, has been seeing an interesting cross-c...
Ratan Tata-backed BlueStone launches four new stores in Delhi NCR
Assam Chief Minister Himanta Biswa Sarma on Thursday conferred the 'Assam Baibhav', the state's highest civilian award, on eminent industrialist and Tata Trusts Chairman Ratan Tata at a function held at a hotel in Koloba, Mumbai. An Assam government statement said that as an industrialist and philanthropist, Ratan Tata has made exceptional contributions towards furthering cancer care in Assam. The Assam Baibhav award comprises a citation, a medal and a cash amount of Rs 5 la...
Assam Baibhav award conferred on Ratan Tata
Former senior bureaucrat and retired IAS officer Thomas Mathew will be penning the biography of Indian industrialist and Tata Sons chairman emeritus Ratan Tata. Mathew retired from service as additional secretary to then President Pranab Mukherjee in 2016. He had worked in Kerala in a few departments and was a favourite official of Congress veteran K. Karunakaran, here in his heydays. According to sources in the know of things HarperCollins has won the rights to publish the work to b...
Former IAS officer Thomas Mathew to pen Ratan Tata's biography
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 carrier in 1953. In a throwback of the journey the airline has taken so far, Ratan Tata, the Chairman Emeritus of Tata Sons, on Friday tweeted an old photograph of the company's former Chairman J.R.D. Tata getting down from an Air India aircraft, minutes after Tata Sons won the bid...
'Welcome back, Air India', says Ratan Tata
Pune-based energy distribution company Repos Energy has strengthened its energy distribution services in the country. The Ratan Tata-backed company said that with e-commerce, through their IoT-enabled mobile petrol pumps, the startup has sold over 3 crore litres of fuel through the platform. "From a homegrown petrol pump business in Maharashtra to forming a path-breaking startup for a global cause - the founders of Repos Energy have given a different meaning to innovation. By redef...
Ratan Tata-backed Repos Energy strengthens its presence across states
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
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