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Singapore Airlines poised to invest Rs 3194.5 crore in Air India Singapore Airlines is poised to invest Rs 3,194.5 crore in Air India following the anticipated merger of Vistara with the Tata Group-owned airline.  Vistara was set up in 2015 as a joint venture with Singapore Airlines holding a 49 per cent stake in the Indian carrier and the Tata Group owning a majority 51 per cent share.   Singapore Airlines said that after the completion of the merger in November 2024, SIA’s additional investment is likely to total Rs 31,94.5 crore. A...
Singapore Airlines poised to invest Rs 3194.5 crore in Air India
Singapore Airlines poised to invest Rs 3194.5 crore in Air India
Source: IANS
2024-11-11 09:44:59 am
Noel Tata joins board of India`s Tata Sons  Noel Tata, the half-brother of late Indian tycoon Ratan Tata, has been appointed to the board of Tata Sons, the group company that operates the $165 billion salt-to-software conglomerate, the company's website on Tuesday showed. The move follows Noel Tata's appointment last month as the chairman of the powerful and influential philanthropic arm of the Tata group, called Tata Trusts. Tata Trusts owns 66% of Tata Sons and appoints a third of the directors to the Tata Sons bo...
Noel Tata joins board of India`s Tata Sons
Noel Tata joins board of India`s Tata Sons
Source: Reuters
2024-11-05 12:50:06 pm
Noel Tata likely to join board of India`s Tata Sons, source says The new chairman of Tata's philanthropic arm, Tata Trusts, is likely to be appointed to the board of the group company that operates the $165 billion salt-to-software conglomerate, a source with direct knowledge of the matter said on Friday. Noel Tata, the half-brother of Ratan Tata who died last week, has been appointed as the head of the powerful and influential philanthropic arm of the group that owns 66% of Tata Sons, the parent company. Tata Trusts exerts indirect control over ...
Noel Tata likely to join board of India`s Tata Sons, source says
Noel Tata likely to join board of India`s Tata Sons, source says
Source: Reuters
2024-10-18 11:35:36 am
PM Narendra Modi meets Tata Sons, Taiwan`s PSMC leaders as they bauild Rs 91,000 cr chip facility in Indi Prime Minister Narendra Modi on Thursday met the leadership team of Tata Sons and Taiwan's Powerchip Semiconductor Manufacturing Corporation (PSMC), which are building a Rs 91,000 crore mega semiconductor fabrication facility in Gujarat's Dholera.  In a post on X, PM Modi said he had "a great meeting with the leadership team of Tata Sons and PSMC". "They shared updates on their semiconductor manufacturing projects. PSMC expressed enthusiasm to further expand ...
PM Narendra Modi meets Tata Sons, Taiwan`s PSMC leaders as they bauild Rs 91,000 cr chip facility in Indi
PM Narendra Modi meets Tata Sons, Taiwan`s PSMC leaders as they bauild Rs 91,000 cr chip facility in Indi
Source: IANS
2024-09-27 09:43:33 am
India's Tata Sons raises stake in Tata Play, Temasek exits, Economic Times reports Tata Sons, the holding company of India's Tata Group, has increased its stake in satellite TV provider Tata Play to 70% by buying a 10% stake from Singapore state investment firm Temasek for about $100 million, the Economic Times reported on Tuesday. Tata Play has informed the Ministry of Information and Broadcasting about the change in shareholding, complying with regulations governing direct-to-home (DTH) companies, according to the report, which cited people familiar with the matter...
India's Tata Sons raises stake in Tata Play, Temasek exits, Economic Times reports
India's Tata Sons raises stake in Tata Play, Temasek exits, Economic Times reports
Source: Reuters
2024-04-30 09:56:47 am
New chip manufacturing hubs to have a lasting impact on entire nation: Tata Sons Chairman  The new semiconductor manufacturing plants will have a lasting impact on the entire nation and the ecosystem from across the globe will mobilise to have India as their preferred semiconductor destination, N. Chandrasekaran, Chairman of Tata Sons Pvt Ltd, said on Wednesday. Addressing the 'India's Techade: Chips for Viksit Bharat' programme where Prime Minister Narendra Modi laid the foundation stone of three chip manufacturing units worth Rs 1.25 lakh crore -- including t...
New chip manufacturing hubs to have a lasting impact on entire nation: Tata Sons Chairman
New chip manufacturing hubs to have a lasting impact on entire nation: Tata Sons Chairman
Source: IANS
2024-03-13 03:13:21 pm
Tata Group stocks gain on Tata Sons` IPO buzz Several Tata Group stocks were in focus on Thursday due to the buzz around Tata Sons' IPO as several of them held a stake in it, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services. Tata Group stocks showed strong gains on Thursday. Tata Steel was the top gainer in the Sensex with gains of 4 per cent, Tata Chemicals was up 11 per cent, Tata Teleservices (Maharashtra) was up 7 per cent, while Tata Power gained 7 per cent. Tata Consumer gained more than...
Tata Group stocks gain on Tata Sons` IPO buzz
Tata Group stocks gain on Tata Sons` IPO buzz
Source: IANS
2024-03-08 09:49:45 am
Market value of Tata Sons` listed investments estimated at Rs 16 lakh crore Tata Sons’ could potentially fetch a value of Rs 7-8 trillion at current market capitalisation of Tata Group companies, as per investment banking firm Spark PWM. There are multiple levers of value available from the unlisted investments as the group is entering into new-age segments such as semiconductors (by Tata Electronics). “Thus, we believe that the group could derive another Rs 1-1.5 lakh crore of value from unlisted investments and step-down subsidiaries such as Tata ...
Market value of Tata Sons` listed investments estimated at Rs 16 lakh crore
Market value of Tata Sons` listed investments estimated at Rs 16 lakh crore
Source: IANS
2024-03-06 10:08:39 am
Group, company headed by brothers get Union Cabinet`s nod for semiconductor fab units A common thread that runs in all three companies that got the Union Cabinet's nod on Thursday for setting up semiconductor units is that they are headed by brothers – N. Chandrasekaran and N. Srinivasan. While Chandrasekaran is the Chairman of Tata Sons, the principal investment holding company and promoter of Tata companies, Srinivasan heads the CG Power and Industrial Solutions Ltd, which is part of another industrial conglomerate, the Murugappa Group. Incidentally, their br...
Group, company headed by brothers get Union Cabinet`s nod for semiconductor fab units
Group, company headed by brothers get Union Cabinet`s nod for semiconductor fab units
Source: IANS
2024-03-01 11:14:58 am
India`s Reliance Industries in talks to buy Tata Play stake from Disney - Business Standard Indian oil-to-telecom conglomerate Reliance Industries is in talks to buy a 29.8% stake in subscription-based satellite TV and video streaming service provider Tata Play from Walt Disney, Business Standard newspaper reported on Thursday, citing sources close to the development. If the negotiations are successful, it would be the first collaboration between the Tata group and billionaire Mukesh Ambani's conglomerate, allowing Reliance to offer its complete JioCinema content into Tata Pl...
India`s Reliance Industries in talks to buy Tata Play stake from Disney - Business Standard
India`s Reliance Industries in talks to buy Tata Play stake from Disney - Business Standard
Source: Reuters
2024-02-15 09:50:09 am