NCLT gives nod for Vistara-Air India merger
Chandigarh/IBNS: The National Company Law Tribunal (NCLT), a quasi-judicial body in India that adjudicates issues relating to Indian companies, at Chandigarh has given its nod for a merger between two airline companies -- Air India and Vistara.
Tata Group promises major new investments, expansion plans in Telangana
Hyderabad/UNI: Tata Group on Thursday said it would make major new investments and expand its presence in Telangana.
Tata Sons Chairman N. Chandrasekaran awarded France's highest civilian honour
Mumbai: Tata Sons Chairman N. Chandrasekaran was awarded the highest civilian honour of France "Chevalier de la Légion d'Honneur"—the highest honour in France by French Minister for Europe and Foreign Affairs Catherine Colonna.
New Delhi/IBNS: The Hinduja Group has lauded the Union Budget presented by Finance Minister Nirmala Sitharaman on Wednesday (Feb 1, 2022) for the Financial Year 2023-24 with a major focus on capital formation with the highest outlay ever outlay of Rs 2.40 lakh crore, about 9 times the outlay made in 2013-14.
Mumbai/IBNS: Tata Sons Chairman N Chandrasekaran has praised the Union Budget for prioritizing growth “given the challenging macro backdrop of slowing global growth and tightened financial conditions.”
Tata Sons chairman N Chandrasekaran to head Maharashtra's new economic advisory body
Mumbai/IBNS: Tata Sons chairman N Chandrasekaran will lead the new Economic Advisory Council of Maharashtra, the state government said on Thursday.
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.