Tata Tele Business Services (TTBS) India’s leading enterprise connectivity solution provider showcased an array of technology solutions for the SMEs at Do Big Conclave – its flagship customer programme. The conclave under the aegis of the theme “Technologies to power up growth for Fintech and Insurance” witnessed participation from over hundred delegates from SME community. Elaborating on [...]
March 2, 2020
Loknath Das
Business
Tata MotorsNSE 2.17 % Saturday said it has sold its stake in subsidiary TAL Manufacturing Solutions Limited to sister concern TASL for Rs 625 crore for the aerospace business. Tata Motors also said that it has acquired non-aerospace business from TAL Manufacturing Solutions Limited (TAL) for Rs 10 lakh. “…we would like to inform that the Company has [...]
March 31, 2019
Loknath Das
Business
Beverage major’s business climbs ₹1,507.4 crore over a year Good volume growth in the branded business segment and improved performance in some of its associates has boosted the prospects of Tata Global Beverages (TGB) during the second quarter of 2017-18. TGB has interests in tea, coffee and water. The company’s branded business comprises packet tea, [...]
November 20, 2017
Loknath Das
Business
Tata Motors on Monday said its President and Chief Technology Officer (CTO) Timothy Leverton has resigned, after nearly seven years of association with the automaker. Leverton has decided to disengage from his services in the organisation as he wishes to relocate back to the UK for personal reasons, Tata Motors said in a statement. He [...]
September 8, 2017
Loknath Das
Business
MUMBAI (Reuters) – Tata Motors Ltd and Microsoft India on Thursday announced a strategic collaboration on the technology front to make driving a more personalized experiences for the customers, the companies said in a joint statement. The first vehicle showcasing the vision of the enhanced driving experiences will be unveiled at the Geneva International Motor [...]
February 16, 2017
Saheli
Technology
Investors expecting a deal this year in Tata Steel’s talks to merge its European assets with Germany’s Thyssenkrupp risk disappointment, given complications associated with the Indian-owned firm’s British pension scheme. Tata and Thyssenkrupp shares have firmed on hopes a merger would trigger European steel capacity cuts. Tata Steel UK, Britain’s top steelmaker, is seeking regulatory [...]
February 10, 2017
Saheli
Business
A day after the unceremonious removal of Cyrus Mistry, Ratan Tata took charge as the interim chairman of Tata Sons at Bombay House and addressed the managing directors and senior leaders of companies in the group. He asked them to focus on leadership in their respective markets and enhance returns to shareholders, sources close to [...]
October 25, 2016
Saheli
News
Sales of Tata’s Nano small car have been falling for years. India’s Tata Motors is overhauling its domestic supply chain, product portfolio and organizational structure as part of a three-year turnaround strategy, the company’s chief executive said on Tuesday. The aim is to put Tata Motors TTM 0.08% among the top three car brands in [...]
August 31, 2016
Saheli
Business
Mumbai: Tata Chemicals Ltd has agreed to sell its urea plant in Babrala, Uttar Pradesh, to the Indian unit of Norway-based Yara International ASA for Rs.2,670 crore, as it seeks to position itself as a maker of consumer products rather than fertilizers. The transaction, the first cross-border deal in the fertilizer industry, doesn’t include specialty [...]
August 14, 2016
Saheli
Business
MUMBAI: Tata Group on Wednesday said it has sold its Urea business, part of Tata ChemicalsBSE -0.59 % to Pune-based Yara Fertilizers India for a consideration of Rs 2670 crore. “The board has agreed for the transfer of the business of sale and distribution of Urea and customized fertilisers, manufactured by the Company at its [...]
August 14, 2016
Saheli
Business
MUMBAI: At least two employees at Tata Group firms earn more than their chairman, Cyrus Mistry . In the financial year ended on March 31, 2015, Tata Consultancy Services CEO N Chandrasekaran was paid Rs 21.28 crore, compared with Rs 16.25 crore Mistry earned in commission, salaries and other allowances, according to regulatory filings. The [...]
March 30, 2016
Saheli
Business
After a steep correction over 12 per cent over the first two months of 2016, domestic equity markets bounced back on firm global markets and a budget that has reignited hopes of an interest rate cut by the Reserve Bank of India (RBI) in the immediate future. On a month-to-date basis, the BSE Sensex surged [...]
March 10, 2016
Saheli
Uncategorized