Tata Sons: News

10 May 2024

Cyrus Mistry

₹200cr for Tata name: Group firms face increased royalty fee

Tata Sons, the primary holding company of Tata Group, has announced a significant increase in the royalty fee for its operating companies.

30 Apr 2024

Walt Disney

Tata Sons buys Temasek's stake in Tata Play for ₹835cr

Tata Sons has increased its stake in Tata Play to 70% by purchasing a 10% stake from Temasek, a Singaporean government-owned investment firm.

26 Apr 2024

Apple

Tata Electronics to soon manufacture iPhone casings in India

Tata Electronics, a subsidiary of the Tata Sons, has recently embarked on a strategic collaboration aimed at bringing iPhone casing production to India.

18 Mar 2024

Tata Power

Tata to sell TCS shares worth Rs. 9,300cr: Here's why

Tata Sons is set to sell approximately 2.34 crore shares of Tata Consultancy Services (TCS). The proposed deal is valued at around Rs. 9,300 crore.

10 Jan 2024

Gujarat

Tata to build semiconductor factory in Gujarat

At the ongoing Vibrant Gujarat Summit, Tata Sons Chairman N Chandrasekaran revealed that the company is close to finalizing plans for a semiconductor plant in Dholera.

DGCA suspends Air India's safety chief over 'perfunctory' audits

The Directorate General of Civil Aviation (DGCA) has suspended Air India's Chief of Flight Safety, Captain Rajeev Gupta, for a month after comprehensive surveillance of the airline conducted in July revealed serious deficiencies in critical areas.

09 Aug 2023

N Chandrasekaran

Tata Sons chairman N Chandrasekaran's remuneration rises to Rs. 113cr

Tata Sons chairman N Chandrasekaran saw his remuneration rise to Rs. 113 crore in FY23, including a Rs. 100 crore commission on profit.

25 Jan 2023

Air India

Amid urination case, Air India modifies in-flight alcohol service policy

Air India decided to modify its in-flight alcohol service policy on Tuesday, wherein cabin crew has been instructed to refuse further serving of alcohol if needed amid the recent incident of an unruly passenger peeing on a co-passenger.

Pee-gate: Air India fined Rs. 30L, pilot's license temporarily suspended

Following the negligence in reporting the incident in which a drunk man urinated on an elderly co-passenger onboard an Air India international flight, the Directorate General of Civil Aviation (DGCA) fined the airline Rs. 30 lakh and suspended the license of the flight's pilot-in-command for three months.

09 Jan 2023

Air India

Air India urination row: US-based Dr. Bhattacharjee gives eyewitness account 

The horrific incident of alleged urination by Mumbai-based Shankar Mishra on a woman co-passenger on an Air India flight in November was mismanaged at various levels, and the crew didn't handle the situation properly, revealed an eyewitness.

08 Jan 2023

Air India

Tata Sons chairman reacts to Air India urination incident

Tata Sons chairman N Chandrasekaran reacted to the incident of a drunk man who reportedly urinated on a female co-passenger on Air India's New York to Delhi flight in November and called it a matter of personal anguish between him and his colleagues at the airline.

07 Jan 2023

Air India

Air India urination row: Pilot, crew of NewYork-Delhi flight grounded 

Air India (AI) on Saturday grounded a pilot and four cabin crew members of a New York to Delhi flight over urinating incident in November.

07 Jan 2023

Air India

Air India urination case: Accused Shankar Mishra arrested from Bengaluru

Shankar Mishra, wanted by the Delhi Police for urinating on an elderly woman on an Air India New York-Delhi flight in November, has been arrested from Bengaluru and brought to Delhi.

06 Jan 2023

Air India

Air India urination row: Woman compensated, say Shankar Mishra's lawyers

The lawyers of the accused Shankar Mishra—booked for urinating on an elderly co-passenger in the business class of an Air India flight from New York to Delhi in November—claimed on Friday that both parties had already reached a settlement.

06 Jan 2023

Air India

Air India crew forced woman to face accused who urinated

The woman—who had a horrendous experience after a drunk co-passenger urinated on her on an Air India flight in November—was forced to face the accused by the crew as he begged to be spared, claiming he was a "family man," new documents reveal.

05 Jan 2023

Air India

Air India: Man who urinated on co-passenger identified

A man who reportedly urinated on an elderly co-passenger during an Air India flight from New York to Delhi on November 29 has been identified as Mumbai-based businessman Shankar Mishra.

04 Jan 2023

Air India

Air India: Man gets 30-day ban for urinating on co-passenger

Air India on Wednesday banned a man from traveling with the airline for 30 days after he, in an inebriated state, urinated on an elderly woman co-passenger in the business class of a flight traveling from New York to Delhi on November 26.

02 Jan 2023

Tata Trusts

Tata Group veteran RK Krishnakumar dies; Ratan Tata pays tribute

Former Tata Sons director RK Krishnakumar died due to cardiac arrest in Mumbai on Sunday. He was 84.

28 Dec 2022

Ratan Tata

Happy birthday, Ratan Tata: Tracing his glorious life and achievements

Renowned philanthropist, industrialist, and former chairperson of Tata Sons, Ratan Tata has turned 85 today.

30 Nov 2022

Apple

Tata Group in talks to acquire Wistron's iPhone manufacturing facility

An iPhone, made in India by Tata Group, could soon become a reality. The homegrown multinational conglomerate is in talks with Wistron Corp., one of Apple's top three vendors in India, to acquire its manufacturing facility in Karnataka.

29 Nov 2022

Singapore Airlines

Singapore Airlines and Tata agree to merge Vistara, Air India

Singapore Airlines (SIA) and Tata Sons have agreed to merge Vistara and Air India. As part of the deal, SIA will get a 25.1% stake in an enlarged Air India.

02 Nov 2022

AirAsia India

AirAsia sells remaining stakes in Indian arm to Air India

AirAsia Aviation Group Ltd. (AAGL) has sold its remaining shares in its Indian arm AirAsia (India) to Tata's Air India.

01 Nov 2022

Tata Steel

'Steel man of India' JJ Irani passes away at 86

Popularly known as the "steel man of India," former managing director of Tata Steel and former director of Tata Sons, Jamshed J Irani, died aged 86 at Tata Main Hospital (TMH) in Jamshedpur, Jharkhand, on Monday night.

04 Oct 2022

Air India

Delhi: Air India employees 'forced' to vacate Vasant Vihar colony

Residents of Air India Colony in Delhi's Vasant Vihar on Tuesday alleged basic facilities and water supply were cut off at their residential complexes in a bid to force them to vacate, Hindustan Times reported.

09 Sep 2022

iPhone

iPhone, made by Tata in India, could soon become reality

We may soon see an iPhone made in India by Tata Group. The homegrown multinational conglomerate is in talks with Apple's Taiwanese supplier Wistron Corp. to establish an electronics manufacturing joint venture in India.

08 Sep 2022

Mumbai

Cyrus Mistry death: Car driven at 100kmph, highway under scanner

Business tycoon Cyrus Mistry's car was going at 100 kilometers per hour (kmph) before the driver hit the brakes, Mercedes revealed on Thursday.

06 Sep 2022

Road Accidents

Cyrus Mistry death: Last rites of industrialist in Mumbai today

The last rites of business tycoon and ex-Tata Sons chairman Cyrus Mistry—who died in a car crash on Sunday—were performed at Mumbai's Worli Crematorium on Tuesday.

05 Sep 2022

Cyrus Mistry

Cyrus Mistry death: Road ahead for $30B Shapoorji Pallonji Group

The 157-year-old Shapoorji Pallonji Group was dealt a significant blow on Sunday as its youngest scion Cyrus Mistry passed away in a car accident.

05 Sep 2022

Maharashtra

Cyrus Mistry death: No seatbelt, car was overspeeding before crash

Cyrus Mistry, the former Tata Sons chairman who died in a car crash in Maharashtra on Sunday, was reportedly not wearing a seatbelt.

04 Sep 2022

Maharashtra

Cyrus Mistry: A young tycoon who once headed Tata Group

The former Chairman of Tata Sons Cyrus Mistry was killed in a road accident on Sunday after his Mercedes car rammed into a divider in Maharashtra's Palghar district, which borders Mumbai.

04 Sep 2022

Cyrus Mistry

Former Tata Sons Chairman Cyrus Mistry dies in car accident

Former Tata Sons chairman and industrialist Cyrus Mistry has died in a car accident near Mumbai.

SC to hear Ratan Tata's plea in 'Radia tapes' controversy

The Supreme Court will be hearing a plea by business tycoon Ratan Tata on Thursday that seeks an investigation into the 2010 Niira Radia audio tapes leak.

14 Mar 2022

Air India

Tata Sons' chief N Chandrasekaran is new Air India chairman

Tata Sons chairman N Chandrasekaran has been officially appointed as the chairman of Air India.

01 Mar 22

Air India

Ex-Turkish Airlines chairman Ilker Ayci declines Air India CEO role

The former chairman of Turkish Airlines Ilker Ayci on Tuesday turned down the offer of Tata Group to be the chief executive officer (CEO) of Air India.

14 Feb 2022

Air India

Ilker Ayci, former Turkish Airlines chief, is Air India CEO

Tata Sons on Monday announced that it has appointed Ilker Ayci as the new chief executive officer (CEO) and managing director (MD) of Air India.

27 Jan 2022

Jyotiraditya Scindia

'Totally delighted,' says Tata Sons chief after Air India takeover

The Tata Group on Thursday welcomed Air India to its fold as the historic privatization of the national carrier was successfully completed.

27 Jan 2022

Air India

Tata Sons chairman to meet PM before Air India handover

Tata Sons chairperson N Chandrasekaran will reportedly meet Prime Minister Narendra Modi on Thursday, shortly before the official handover of Air India to the conglomerate.

10 Oct 2021

Air India

Government could sell Alliance Air as well: Check details here

Hot on the heels of national carrier Air India's sale to Tata Sons, the government is reportedly likely to sell state-run regional airline Alliance Air.

01 Oct 2021

Air India

'Incorrect': Government denies report on Tata winning Air India bid

The Indian government has denied reports that the Tata Group has won the bid for Air India.

14 Dec 2020

Air India

Decades after exit, Tata Group expresses interest in Air India

One of India's largest conglomerates, the Tata Group, has submitted an expression of interest for acquiring the beleaguered national carrier Air India.

29 Sep 2020

X

NewsBytes Briefing: Microsoft 365 suffered an outage, and more

Last night, Microsoft 365 suffered a major outage due to an internal change and left essential web services down for hours, including Microsoft Office 365, Teams, and Outlook.

Dream11 wins IPL 2020 title sponsorship for Rs. 222 crore

The fantasy gaming platform Dream11 has bagged the title sponsorship rights of IPL 2020 for Rs. 222 crore.

SC stays NCLAT order reinstating Cyrus Mistry as Tata Chairperson

Weeks after the National Company Law Appellate Tribunal (NCLAT) reinstated Cyrus Mistry as the Executive Chairperson of Tata Group, the Supreme Court stayed the tribunal's order citing "basic errors" in it.

Tata Sons moves SC over Cyrus Mistry's reinstatement

Tata Sons Ltd on Thursday moved the Supreme Court against the reinstatement of Cyrus Mistry as Executive Chairman of the company.

18 Dec 2019

Ratan Tata

'Victory of principles': Mistry after being restored as Tata chairman

In a surprise move, the National Company Law Appellate Tribunal (NCLAT) on Wednesday restored Cyrus Mistry as the executive chairman of the Tata Group.

01 Nov 2018

Sexual Harassment

#MeToo: Former Taj Hotels' employee names then CEO as harasser

In November 2015, a Taj Hotels employee resigned and in letter alleged the then CEO and MD, Rakesh Sarna sexually harassed her.

29 Oct 2018

India

#MeTooEffect: Tata Sons decide against renewing Suhel Seth's contract

Tata Sons, the holding company of Tata Group, would not renew the contract of Suhel Seth, a spokesperson said on Monday.

09 Jul 2018

Ratan Tata

Tata vs Cyrus Mistry: NCLT rules in Tata Sons' favor

In what seems to be a decisive verdict in the Tata Sons-Cyrus Mistry case, the Mumbai bench of the National Company Law Tribunal (NCLT) has ruled in favor of Tata Sons, dismissing Mistry's pleas challenging his removal as the chairman of the group.

05 Jul 2018

Cyrus Mistry

Just 1 unit produced in June: End of Tata Nano?

There's been a lot of speculation about the fate of Tata Nano over the last year.

20 May 2018

India

India working on unmanned-tanks, vessels, robotic weaponry for future wars

In an ambitious defense project, the Indian government has started work on incorporating artificial intelligence (AI) to enhance the operational preparedness of all the three armed forces.

13 Mar 2018

Bharti Airtel

Sensex cautious on weak global cues; TCS cracks 5%

Despite positive macroeconomic data and the appreciating rupee, the BSE Sensex turned choppy on tepid cues from overseas market.

01 Nov 2017

Bharti Airtel

Tata pays $1.2bn penalty to Japan's NTT-DoCoMo, ending 3-year dispute

Settling its three-year-long dispute with NTT DoCoMo, Tata Sons has paid $1.2bn (144.9bn Yen) to the Japanese telco to put an end to the bitter feud over their Indian telecom joint venture, Tata DoCoMo.

22 Oct 2017

Ratan Tata

How Cyrus Mistry was fired as Tata Chairman?

On October 24, 2016, former Tata Sons chairman Cyrus Mistry was suddenly removed from his position. It was the first time Tata Sons had publicly removed a chairman.

20 Sep 2017

India

Tata Sons buys Tata Motors' shares, eyes online grocery retail

Tata Sons purchased 1.7% shares of Tata Motors worth Rs. 2,000 crore at a premium of 4% over Monday's closing price.

17 Aug 2017

Cyrus Mistry

Tata Sons to scrap all deals with Cyrus Mistry's group

Under chairman N Chandrasekaran's directions, the board of Tata Sons has ordered its group companies to scrap all business dealings with Cyrus and Shapoor Mistry's Shapoorji Pallonji Group.

27 Jul 2017

India

Axis Bank reappoints CEO Shikha Sharma for 3 years

The Axis Bank board has reappointed Shikha Sharma as the bank's CEO and Managing Director, finally putting an end to speculations of her exit.

04 Jul 2017

Mumbai

Court initiates Rs 500 crore criminal defamation proceedings against Mistry

A Mumbai metropolitan court has initiated criminal defamation proceedings against ex-Tata Group chairman Cyrus Mistry, his brother Shapur Mistry and their firms.

22 Jun 2017

India

Is Tata going to take over Air India?

The Centre is reportedly inquiring whether the Tata Group is interested in buying state-owned Air India of which the latter is the original promoter.

TCS to buy back 5.6 crore shares, at Rs2850 each

Returning surplus shares to shareholders in the biggest shares buyback, the Tata Consultancy Services today announced that it will repurchase about 2.85% of its share capital for Rs. 16,000 crore.

16 Feb 2017

Ratan Tata

Cabinet clears controversial Mekedatu project for parched Bengaluru

The controversial Mekedatu project on the Cauvery, for a reservoir with 66.50 tmcft capacity, was cleared by the cabinet. It will be presented to the Central Water Commission and Cauvery Supervisory Committee for approval.

31 Dec 2016

Ratan Tata

The Top 10 business scandals of 2016

Businesses across the world have faced their share of scandals this year, ranging from sexual harassment, to fraud, to providing politically biased news.

31 Aug 2016

Ratan Tata

Ratan Tata, Nilekani, Vijay Kelkar to launch MicroFinance Institution

Avanti Finance, a technology-supported financial inclusion vehicle is in the process of being set up by Ratan Tata, Vijay Kelkar and Nandan Nilekani.