TATA

  • Tata in talks to sell UK steel plants to Swiss group Klesch 4 days ago

    Rome: Tata Steel Ltd is in talks to sell loss-making European operations including mills in northern England and Scotland to Geneva-based Klesch Group, as it battles weak prices and tentative economic recovery. Tata, Europe's second-largest steel producer, said in a statement it had agreed to negotiate with Klesch over its Long...
  • Tata in talks to sell UK steel plants to Swiss group Klesch 5 days ago

    Mumbai: Tata Steel Ltd is in talks to sell loss-making European operations including mills in northern England and Scotland to Geneva-based Klesch Group, as it battles weak prices and tentative economic recovery. Tata, Europe's second-largest steel producer, said in a statement it had agreed to negotiate with Klesch over its Long...
  • Indian chemical industry to touch $190 billion in next 3 years: TATA October 9, 2014

    New Delhi: Indian chemical industry is likely to touch $190 billion by the financial year 2017-18 on account of increase in demand of the chemicals from industries of various sectors, a Tata group firm said in its report. At the end of last fiscal, the domestic market size of industry...
  • Delhi: DERC to review fuel surcharge, tariff may go up in November October 5, 2014

    New Delhi: Power tariff in the city may go up next month as Delhi Electricity Regulatory Commission is all set to levy a fuel surcharge to help the private distribution companies adjust their power purchase cost. While hiking the power tariff by up to 7.5 per cent for domestic consumers, the...
  • India Inc to observe October 10 as 'Compliance' Day October 5, 2014

    Mumbai: India Inc will observe October 10 as the 'compliance day for laws', being organised as a part of the week-long series of deliberations and workshops around the across the country starting from Monday. Scoring anything short on 10 on 10 on compliance would render individual and organisations vulnerable on...
  • Vistara pays Rs 5 crore to New India Assurance for cover October 3, 2014

    The soon to be launched airline Vistara, from the Tata Group-Singapore Airlines combine, has secured its insurance cover from the country's largest non-life insurer New India Assurance, for Rs 5 crore. "We have provided insurance cover to both the aircraft of Vistara. We are hopeful of providing cover to three...
  • Sensex, Nifty flat; Reliance & Infosys up, HUL falls September 29, 2014

    Mumbai: Sensex on Monday fell 29 points to end at 26,597.11 while Nifty sliped 10 points to close at 7,958.90. Earlier the market has opened on a flat note. The Sensex is up 8.81 points at 26635.13 and the Nifty is up 9.60 points at 7978.45. About 474 shares have advanced,...
  • Vistara takes delivery of first Airbus A-320 aircraft in Delhi September 25, 2014

    New Delhi: Taking a step closer to getting its flying licence, Tata-SIA joint venture Vistara took delivery of its first Airbus A-320 aircraft that landed at the IGI Airport on Thursday, as the airline planned to go ahead with its operational launch next month. The launch of Vistara has been delayed...
  • Tata TeaNetwork18 joint initiative 'Power of 49' sweeps Emvies, wins 5 golds, 2 silvers September 19, 2014

    New Delhi: The Tata TeaNetwork18 joint initiative, "Power of 49", has swept the Emvies winning 5 golds and 2 silvers including the Grand Emvies. The Emvies, awarded by the Advertising Club Bombay, honour "Measurable and Significant contributions in the field of media". The 'Power of 49' campaign was aimed to...
  • Odisha: Tata Steel drive to combat dengue September 15, 2014

    Bhubaneswar: Amid dengue scare in several parts of Odisha, Tata Steel is proactive in its coordination with government agencies to ensure hygienic and safe conditions for the dwellers in Jajpur district. "We are ensuring the best possible hygienic conditions at our site of operations at Kalinganagar which is spread over 1,700...
  • Tata Steel ferro chrome plant to start by March 2015 September 13, 2014

    Mumbai: Tata Steel is setting up a 55,000 tonne per annum (TPA) ferro chrome plant at Gopalpur in Ganjam district of Odisha and its first unit is expected to start operations by March 2015. "With Gopalpur project being a top priority for the company, we are currently setting up a 55,000...
  • Mamata's decline: It's now Ma, Mati, Mafia September 13, 2014

    Mamata Banerjee belongs to the dwindling tribe of regional politicians who look upon their profession through a partisan lens, which means that their focus is almost entirely on advancing the prospects of their parties. They have neither the ability nor the inclination to do anything for their states. Some are also...
  • Vistara launch may get delayed by couple of months September 10, 2014

    New Delhi: The launch of Vistara, the TataSingapore Airlines joint venture airline, may get delayed by a couple of months due to regulatory approvals, officials said on Wednesday. The airline, which is slated to get its first Airbus A320 soon, had earlier announced plans to start operations in October. The proposed...
  • Avani Davda, the only Indian in Fortune's list of groundbreaking women in food world September 4, 2014

    New York: Tata Starbucks CEO Avani Davda is the only Indian featured in Fortune and Food & Wine's list of 25 "most groundbreaking" women who are changing the way people eat and think about food. Davda, ranked 13 on the 'The Most Innovative Women in Food and Drink' list, leads the...
  • TCS reappoints N Chandrasekaran as CEO September 3, 2014

    New Delhi: India's largest software services firm Tata Consultancy Services (TCS) on Wednesday said that the tenure of its Chief Executive Officer and MD N Chandrasekaran has been extended by five years to October 2019. Chandrasekaran, who was appointed CEO and MD for five years on October 6, 2009, has been...
  • DTC may sign deal to procure 1,380 semilowfloor buses August 31, 2014

    New Delhi: After two failed bids, Delhi Transport Corporation (DTC) may soon sign a deal with an Indian automotive manufacturing company to procure a total of 1,380 semilowfloor buses to replace its fleet of standardfloor ones (yellow buses). "We invited global players for procurement of 1,380 semilowfloor buses... Tata Motors has...
  • Forbes names TCS among world's most innovative companies August 28, 2014

    Mumbai: Forbes has named Tata Consultancy Services as "one of the World's Most Innovative Companies", and positioned it 57th as the highestranking global IT services provider on this year's top100 list, a statement said on Wednesday. The World's Most Innovative Companies List is developed annually by Forbes Magazine, recognising corporate excellence...
  • Tata partners Snapdeal to sell houses online August 27, 2014

    New Delhi: Tata Value Homes, a real estate firm focussed on affordable housing, has partnered with ecommerce major Snapdeal to sell houses through the online marketplace model. As part of the partnership, about 1,000 homes across projects in cities like Mumbai, Pune, Ahmedabad, Bangalore and Chennai will be put up for...
  • CCI imposes Rs 2,545 crore penalty on 14 car makers August 25, 2014

    New Delhi: In the first major order against auto players, the Competition Commission on Monday slapped a penalty of Rs 2,545 crore on 14 car makers, including Maruti Suzuki and Tata Motors, for violating trade norms in the spare parts and after services market. Honda Siel Cars India, Volkswagen India, Fiat...
  • Tata Motors to launch two car models every year till 2020 August 20, 2014

    New Delhi: Tata Motors plans to launch two vehicles every year till 2020 as the company looks to ramp up its product portfolio in the competitive Indian car market. The company, which today launched its compact sedan Zest in the NCR, priced between Rs 4.64 lakh and Rs 6.99 lakh (exshowroom...
  • Industrialisation in Bengal: Government pats its back, India Inc unsatisfied August 19, 2014

    Kolkata: West Bengal Chief Minister Mamata Banerjee is just days away from making her maiden and muchhyped foreign trip to Singapore to attract investments to her state. Her trip comes just days after a war of words ensued between industrialist Ratan Tata and the Trinamool Congress (TMC) over economic development...
  • Civil Aviation Ministry issues series of instructions to Air India August 14, 2014

    New Delhi: The Civil Aviation Ministry has issued a series of instructions to Air India, including redeployment of its "surplus" staff, to tighten its belts to face heightened competition, particularly from the proposed TataSIA backed Vistara airline. In order to turn it into a 'lean and mean' airline to face growing...
  • Tata Steel sees pickup in European steel demand August 14, 2014

    Mumbai: Tata Steel Ltd looked to reviving European demand and infrastructure investment by the Indian government to boost sales in coming quarters after posting higher sales but a drop in net profit for AprilJune on Wednesday. Net sales rose 11 percent to 361.43 billion rupees in the quarter to endJune, helped...
  • 2G scam: CBI institutes inquiry against Tata over alleged illegal bidding August 12, 2014

    New Delhi: In a recent development in 2G scam, the CBI has instituted an inquiry against Tata for alleged illegal bidding by TataUnitech in the licence auctions. The Supreme Court of India had asked for CBI records of 2G Swan Telecom probe which is allegedly a front for Anil Ambani...
  • Vistara airline promises seamless, personalised experience of domestic travel August 12, 2014

    The Tata SonsSingapore Airlines joint venture unveiled the brand name of its new airline 'Vistara', and said it is expected to launch operations by October with the first aircraft coming in by September. The new airline promises a "seamless and personalised" experience of domestic travel. ...
  • Tata launches the Zest sedan in India; prices start at Rs 4.64 lakh August 12, 2014

    New Delhi: Tata Motors has launched its new sedan car Zest in India at Rs 4.64 lakhs onwards (exshowroom Delhi). The prices for the new Zest start at Rs 4.64 lakh for petrol and Rs 5.64 lakh for diesel. The new Tata Zest comes in five variants ...
  • Tata Zest review: A highly competent car that can match the Xcent, Amaze or Dzire August 12, 2014

    The Zest has been drawn from the ground up, keeping all of Tata Motors' baggage from the past aside. Work on this car began nearly three years ago involving over 6,000 engineers and technicians spread across 11 technical centers in five countries. That might seem like a lot of manpower...
  • Tata Zest to be launched in India today August 12, 2014

    Update 2: Tata Zest review: A highly competent car that can match the Xcent, Amaze or Dzire Update 1: Tata launches the Zest sedan in India; prices start at Rs 4.64 lakh The Tata Zest hits showrooms today. Although, the buzz around the new sedan from Tata Motors was enough to...