Mumbai: The Board of Directors of Tata Motors Ltd (TML) has approved a composite scheme of arrangement amongst TML, TML Commercial Vehicles Limited (TMLCV), Tata Motors Passenger Vehicles (TMPV) and their respective shareholders, taking the demerger plan of entities announced in March 2024, further, the company said in a filing to the stock exchanges. As … Read more
Home Business Air India Offers Full Refund, Free Rescheduling To Passengers After London-Bound Flight Returns To Mumbai; Details Here On Wednesday, a London-bound Air India flight, which departed from Mumbai at 8.36 AM in the morning, was forced to turn back and return to the Mumbai airport after nearly 3 hours at around 11.30 AM. … Read more
BENGALURU: Tata Sons chairman N Chandrasekaran said even as AI will enhance productivity, it may also result in job losses. “It’s a mixed bag. We need to reskill and upskill to handle this change. While there will be job losses, AI will create jobs in data management,” Chandrasekaran, who is also TCS chairman, said at … Read more
Mumbai: After delivering strong results across the segments in the year that ended in March, Tata Motors business units’ next phase of growth will encompass focussing on market beating growth, improving margins, and enhancing customer experience in the current year, N Chandrasekaran, chairman Tata Motors, wrote in a letter to the shareholders in the company’s … Read more
MUMBAI: Mukesh Ambani’s Reliance Industries is all set to enter the quick commerce space to take on Zomato’s Blinkit, Tata Group‘s BigBasket, Swiggy‘s Instamart and Zepto. Reliance Retail’s JioMart could launch the service as early as next month, sources told TOI. To begin with, JioMart will deliver groceries in at least 7-8 cities and eventually … Read more
MUMBAI: Three companies from India’s two largest conglomerates are looking to raise funds amid their growth plans. Adani Energy Solutions (earlier known as Adani Transmission) plans to sell shares worth Rs 12,500 crore to institutional investors, while the board of sister company Adani Enterprises will meet on Tuesday to consider raising fresh capital.Tata Steel, part … Read more
Synopsis In its lifetime every midcap company sees some headwinds. There are many examples from history which show the difference between the companies which have been able to survive and grow even after all the trouble is that of the parent company. A company belonging to a strong industrial group which has a track record … Read more
Tata Group holding company Tata Sons on Tuesday likely sold around 2.02 crore shares or 0.6% equity in Tata Consultancy Services (TCS) in a block deal following which the shares fell 3% to Rs 4021.25 on BSE. The deal is reported to be worth around Rs 9,000 crore at an average share price of Rs … Read more
Mumbai: Tata Sons, the holding company of Tata Consultancy Services (TCS), plans to sell 23.4 million shares in India’s largest software services exporter for at least ₹9,300 crore on Tuesday, showed a term sheet issued by JP Morgan, the banker to the deal. The floor price for the stock, amounting to 0.65% of the company’s … Read more
NEW DELHI: Shares of Tata Consultancy Services (TCS) on Monday declined nearly 2 per cent amid reports that its promoter Tata Sons is likely to sell a minority stake in the IT major. According to reports, TCS-promoter Tata Sons is planning to sell up to 2.3 crore shares, representing a 0.64 per cent stake in … Read more