Tata Group has no plans to enter 5G consumer space, says N Chandrasekaran
NEW DELHI: Tata Sons Chairman N Chandrasekaran on Tuesday said the conglomerate does not have any plans to have a 5G offering for consumers. He said the group, which exited its consumer-facing telecom service due to losses a few years ago, has concentrated its efforts on building modern technology infrastructure for 4G and 5G and […]
Yogi Adityanath invites Tata group to participate in investor summit
NEW DELHI: Uttar Pradesh Chief Minister Yogi Adityanath on Friday invited Tata group to participate in the Global Investors Summit slated for February next year while highlighting the environment created by the state for attracting investment. According to an official release, the chairman of industrial group Tata Sons, N. Chandrasekaran made a courtesy call on […]
Cyrus Mistry: A reclusive scion who fought for honour after being fired
NEW DELHI: Till his appointment as the chairman to lead Tata Sons, not many knew of Cyrus Mistry, who was then associated only with his family business. A south Mumbai boy, the Mistry family scion was already heading companies in the Shapoorji Pallonji Group – the family business – when he was appointed to succeed […]
Pallonji Mistry dies at 93
NEW DELHI: Shapoorji Pallonji Group’s head Pallonji Mistry died at his residence here, company officials said on Tuesday. Mistry, the largest individual shareholder in the Tata Group with a 18.4 per cent holding in the conglomerate, was 93. He died mid-sleep at his south Mumbai residence on the intervening night of Monday and Tuesday, the […]
Tata Group appoints Campbell Wilson as CEO & MD of Air India
NEW DELHI: The Tata Group said that it has appointed Campbell Wilson as CEO & MD of Air India. Wilson is currently CEO of Singapore Airline’s low-cost subsidiary Scoot. Earlier this year, Tata Group had named Turkish Airlines Chairman Ilker Ayci as Air India’s CEO & MD, but he subsequently denied the position. Wilson, 50, […]
Airtel joins hands with Tata Group for ‘Made in India’ 5G
NEW DELHI: Bharti Airtel, India’s premier communications solutions provider and Tata Group, have announced a strategic partnership for implementing 5G networks solutions for India. Tata Group has developed a ‘state of the art’ O-RAN based Radio & NSA/SA Core and has integrated a totally indigenous telecom stack, leveraging the Group capabilities and that of its […]
Tata group may take Air India’s control by January 1 if it is sole eligible bidder
NEW DELHI: The buzz in aviation circles is getting louder that the Tata group could be in the Air India’s cockpit as early as the New Year, if it is the sole eligible bidder for India’s national carrier. If the Tata bid is put in on or before the final submission date of August 31 […]
Tata Group’s Taj Hotel chain to sell assets as economy weakens
BY: P R Sanjai The luxury hotel chain controlled by India’s Tata Group is looking to sell some assets and avoid owning new properties in an effort to further pare debt, as it braces for a slump in consumer spending. Indian Hotels Co. Ltd., Tata’s listed firm that operates the Taj brand, plans to dispose […]
Jet Airways terms deal with Tata as ‘speculative’
NEW DELHI: Jet Airways (India) Ltd on Tuesday termed media reports of Tata Group carrying out due diligence to acquire the airline as “speculative”. “…The subject news is speculative in nature and that there is no discussion or decision in the board which would require a disclosure…,” Jet Airways said in a response to a […]