Tata Steel threatens to shut shop in UK: Report
UK's largest steel company, Tata Steel, has threatened to close operations unless the British government provides assistance of nearly 1.5 British pounds (around Rs 14,400 crore) within the next one year to help the company reduce its carbon emissions, the Financial Times (FT) reported.
Campbell Wilson appointed as the CEO & MD of Air India
Mumbai: Tata Sons today announced Campbell Wilson’s appointment as the Chief Executive Officer (CEO) & Managing Director (MD) of Air India.
Air India proposes to buy 100 pc stake in Air Asia India
Mumbai: Air India has proposed to buy a 100 percent stake in fellow Tata group-owned Air Asia India with the aim to merge the budget airline with Air India Express, its low-cost entity, to save operational costs.
Mumbai: Tata Sons may review the appointment of new Air India CEO and MD Turkish national Ilker Ayci over potential hindrances in security clearance, media reports said.
Ratan Tata honoured with Assam's highest civilian award 'Assam Baibhav'
Guwahati/IBNS: Assam Chief Minister Dr Himanta Biswa Sarma on Wednesday conferred the "Assam Baibhav", the state's highest civilian award, on legendary businessman and philanthropist Ratan Naval Tata at a function held in Taj Wellington Mews in Mumbai.
Tata Group appoints former chairman of Turkish Airlines Ilker Ayci as CEO of Air India
Mumbai/IBNS: The Tata Group has appointed former chairman of Turkish Airlines Ilker Ayci as Air India's new CEO and MD, the conglomerate announced Tuesday.
Ilker Ayci appointed as CEO, MD of Air India: Tata Sons
New Delhi: Tata Sons on Monday announced the appointment of Ilker Ayci as the CEO & MD of Air India.
Tata Sons extends N Chandrasekaran's term as chairman for 5 years
Mumbai: The board of Tata Sons on Friday announced the extension of the tenure of chairman N Chandrasekaran for a period of five years.
Govt settled Air India's Rs 61,000 cr debt before transfer to Tatas
New Delhi: The Centre has settled more than Rs 61,000 crore of Air India's legacy debt and other liabilities that were left in Air India Assets Holding Limited (AIAHL) -- before the transfer of the national carrier to the Tata Group, media reports said.
New Delhi/IBNS: Tata Sons Chairman N Chandrasekharan on Thursday said he is "convinced that the golden age of Air India lies ahead" as he welcomed the employees of the airline addressing them as "members of the Air India family".
Tatas to take over Air India on Thursday, new board to pilot the airline
New Delhi/UNI: Tata group is all set to take control of Air India on Thursday marking the end of long-running disinvestment process for the loss-making carrier.
Air India appoints Vikram Dev Dutt as CMD
Mumbai/IBNS: Air India on Friday appointed Vikram Dev Dutt as its chairman and managing director (CMD).
Banks offer Rs 35,000 cr loan to Air India's new owner Talace promoted by Tata
Mumbai/IBNS:Air India has been offered a loan of over Rs 35,000 crore at a weighted-average yield of 4.25 percent, the cut-off rate at which the government last raised one-year money through an auction of 364-days treasury bills, ET reported.
As Ratan Tata turns 84, here's a look at another great year of India's greatest businessman
Mumbai/IBNS: Legendary businessman Ratan Tata celebrated his 84th birthday on Tuesday. Birthday wishes poured in for the Chairman Emeritus of Tata Sons with netizens sharing photos from his youth and inspirational quotes from him.
Expat CEO to lead Air India; board to be reconstituted: Report
Mumbai/IBNS: Tata Sons has chosen a non-Indian CEO to head Air India and also shortlisted members for reconstituting the board of the acquired national career before it finally takes over in January 2022, media reports said.