Tata Sons

  • AirAsia India gets its first aircraft 22-03-2014 01:47 PM

    Chennai: The first aircraft of the private airline AirAsia India, an Airbus A320 landed at the domestic airport in Chennai on Saturday, the company said. The aircraft configured with an all economy layout of 180 seats from the Airbus factory in Toulouse landed at 9.25 a.m. and was given a...
  • Tata Sons withdraws its bank licence application: RBI 27-11-2013 05:54 PM

    New Delhi: Tata Sons has withdrawn its application for setting up a bank, saying its current financial services model best supports the needs of the group's domestic and overseas businesses. The withdrawal by Tata Sons leaves over two dozen applicants, including Anil Ambani Group and Aditya Birla Group, in the...
  • FIPB approves Tata-Singapore Airlines joint venture 24-10-2013 02:52 PM

    New Delhi: The government on Thursday gave a green signal to Singapore Airlines' proposal to start an aviation venture with Tata Sons entailing an initial foreign investment of $ 49 million. "It (Tata-SIA proposal) has been cleared," Economic Affairs Secretary Arvind Mayaram told reporters after a meeting of the Foreign...
  • Tatas in race for Chennai, Kolkata airport projects 25-09-2013 08:38 PM

    Tata Sons is set to make another big splash in aviation after its recent foray with Singapore Airlines and Air Asia. CNBC TV 18 learns that Tata Group is likely to bid for 100% stake in two airport projects, i.e they are planning to bid for the governments stake in...
  • Tata, Birla among 26 companies in race for bank license 02-07-2013 12:17 AM

    Mumbai: Tata Sons, India's biggest business group, and firms controlled by billionaires Anil Ambani and Kumar Mangalam Birla are among the 26 companies that have applied for a license to open banks. Ambani's Reliance Capital has applied for a banking license along with Japan's biggest life insurer Nippon Life Insurance...
  • AirAsia moves a step closer to launching operations in India 10-06-2013 09:23 PM

    London: AirAsia India moved a step closer to securing permission to launch operations in the country, with Civil Aviation Minister Ajit Singh on Monday saying that all issues concerning the carrier's application had been resolved. "All matters on AirAsia India have been resolved. The proposal has been sent to the...
  • AirAsia India has appointed CEO: Tony Fernandes 21-04-2013 11:35 PM

    Mumbai: Low cost carrier AirAsia on Sunday said that the AirAsia India board has approved and appointed a Chief Executive Officer for the Indian subsidiary. Earlier, an airlines spokesperson had said that the airline had not yet appointed a CEO for AirAsia India. "The board of Airasia India has approved...
  • Talk Asia: Ratan Tata on the 12-fold rise in Tata empire 28-12-2012 11:45 PM

    Ratan Tata, who retired on December 28, 2012 speaks about the legacy of his family and the huge business empire. ...
  • Ratan Tata retires on 75th birthday, holidays in Pune lakehouse 28-12-2012 03:16 PM

    Twenty one years after he took over the reins of Tata Sons, Ratan Tata retired on Friday, his 75th birthday. ...
  • Tata Sons appoints Cyrus Mistry as chairman from Dec 28 18-12-2012 02:15 PM

    New Delhi: Tata Sons, the promoter of major operating companies of the salt-to-software conglomerate, on Tuesday announced appointment of Cyrus P Mistry as its Chairman with effect from December 28 following retirement of Ratan N Tata. "The Board of Directors of Tata Sons today announced the appointment of Cyrus P...
  • Be your own man: Tata's advice to Mistry 14-12-2012 12:48 PM

    Mumbai: Be your own man, Ratan Tata has advised Cyrus Mistry, who will succeed him at the helm of the $100 billion Tata group two weeks from now. "I don't think it is right to have a ghost to shadow over somebody," said Tata, dismissing any notion that his larger-than-life...
  • Tata denies using strong words against PM 08-12-2012 06:15 PM

    New Delhi: Tata Sons on Saturday issued a clarification denying that group Chairman Ratan Tata had used words such as 'venal' business environment or accused the government of 'inaction' in media interviews. "Tata Sons clarifies that in Ratan N Tata's interview with (a leading British financial) daily, he spoke about...
  • Ratan Tata steps down as Chairman of Tata Global Beverages 20-11-2012 06:34 PM

    Mumbai: Tata group chief Ratan Tata on Tuesday stepped down as Chairman of Tata Global Beverages with immediate effect, making way for successor Cyrus Mistry, who has also been inducted into the board of Indian Hotels Company. In two separate filings to the BSE, the two firms said the respective...
  • Tata Sons: passing the baton to Cyrus Mistry 13-12-2011 10:47 AM

    The passing of a crown is always a delicate affair. In 1991, when JRD Tata handed his to Ratan Naval Tata, his courtiers had rebelled. It took time for RNT to subdue the satraps and prove JRDs decision on his successor was perhaps his finest. But then JRD was always...
  • Tata Sons: A step in a new direction 02-12-2011 03:01 PM

    Just minutes before the world heard the news of the new chairman-in-waiting, Ratan Tata had individually called each of his leading CEOs in Bombay House on the phone to inform them about the board's decision. Many were stunned. Cyrus Mistry's long-standing assistant Vasu at SP Centre, the group's HQ in...
  • Cyrus Mistry's task: Set the pace, ensure growth 27-11-2011 12:15 PM

    New Delhi: Cyrus Mistry, the next chief of the sprawling Tata empire, will have the responsibility of setting the pace and ensuring overall business continuity amid global economic headwinds, feel experts. At the same time, they feel that the one-year period under the guidance of iconic Ratan Tata would provide...
  • Global search for Tata chief ends close to home 24-11-2011 12:02 PM

    Mumbai: The next chairman of India's venerable salt-to-software conglomerate Tata Group will be an insider and a family member by marriage. India's biggest corporate house had mounted a global search that lasted more than a year for a successor to Chairman Ratan Tata, but ended up tapping Cyrus Mistry, whose...
  • Tata group stocks subdued in weak market 24-11-2011 10:20 AM

    Mumbai: A number of Tata stocks opened on a strong note on Thursday, a day after Cyrus Mistry was named as successor to Ratan Tata as the group head, but could not sustain the gains in a weak market. However, a few like Tata Power, Tata Coffee and Trent were...
  • Tata watchers give thumbs up to Cyrus Mistry 24-11-2011 06:10 AM

    Mumbai: Former Tata Steel MD JJ Irani has praised Tata Sons Chairman Ratan Tata's surprise decision to appoint 43-year-old Director of Tata Sons and Tata Elxsi (India) Cyrus Mistry as his successor. This is the second time that the group will have a non-Tata at the helm of affairs in...
  • Ratan Tata picks Cyrus Mistry to succeed him 23-11-2011 06:22 PM

    Mumbai: Tata Sons Chairman Ratan Tata has appointed 43-year-old Director of Tata Sons and Tata Elxsi (India) Cyrus Mistry his successor. Mistry will work with Ratan Tata over the next year and take over from him when Tata retires in December 2012. The Board of Directors of Tata Sons at...
  • Do we need judicial activism? 02-09-2011 11:06 AM

    An Active Judiciary Is A Peoples Right The hallmark of a great nation is its institutions. The stronger the ability of these institutions to uphold and preserve fundamental values, the greater the nation would be. When Indias founding fathers wrote the Constitution, they created three arms " Parliament, Executive and...
  • Ratan Tata to retire; search for successor on 04-08-2010 09:30 PM

    New Delhi: Tata Sons on Wednesday said it has set up a panel to search for a successor to Group Chairman Ratan Tata, who is due to retire in December 2012. The move comes within days of elevation of Noel Tata, Ratan Tata's half-brother, as head of the $ 72...
  • Tatas ink biggest overseas acquisition 24-08-2006 10:26 AM

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