Mumbai: Noel Tata, chairman of Trent Limited, said consumer sentiment remained relatively muted and coupled with seasonality led to retail businesses facing headwinds, after the Tata Group company reported a 40% increase in net sales for the quarter ended September. The retailer that runs Westside and Zudio, saw revenue of Rs 4036 crore while net…
NEW DELHI: Noel Tata was appointed chairman of Tata Trusts on Friday, succeeding his half-brother Ratan Tata, who passed away on Wednesday at the age of 86, according to a CNBC report.Noel’s appointment is significant because Tata Trusts holds a 66% stake in Tata Sons, the holding company of the numerous firms under the Tata…
Photo credit: X/Royal Moroccan Armed Forces NEW DELHI: Tata Advanced Systems Ltd (TASL) has secured a contract to manufacture Wheeled Armoured Platform (WhAP) combat vehicles for the Moroccan defence forces.“Kingdom of Morocco’s Royal Armed Forces and Tata Advanced Systems sign deal for local production of Wheeled Armoured Platform. Developed in collaboration with the DRDO and…
NEW DELHI: Faced with a huge financial burden caused by the ruling of a nine-judge bench of Supreme Court enabling states to collect royalty on extracted minerals and to levy tax on mineral-bearing land, Centre has sought a review, pointing out several “errors apparent in the judgment”.Interestingly, the Centre has roped in Madhya Pradesh as…
Tata Motors is all set to launch the Tata Curvv EV in the Indian market tomorrow i.e., August 7, 2024. Petrol and diesel versions will be launched later with deliveries of the Curvv EV expected to begin soon. The Curvv was first showcased in April 2022 as an all-electric concept and then in its ICE…
Representative Image The Aditya Birla Group, a conglomerate with business interests spanning metals and cement to financial services and fashion, is now entering jewellery sector where other big players are already present such as Tata Group with its Tanishq brand and Mukesh Abani’s Reliance with its Reliance Jewels, besides other national chains such as Kalyan…
Zoya, the diamond boutique from the House of Tata, aims to grow at a CAGR of 30 per cent over the next 3 years, Ajoy Chawla, CEO – jewellery division, Titan told ETRetail. The brand, which has recently opened its 10th boutique store in Mumbai, has been growing at 40 per cent for the last…
The Adani Group, led by billionaire Gautam Adani, is looking to diversify its empire by venturing into the fast-growing e-commerce and digital payments sectors in India, according to a report by the Financial Times (FT). The move comes as the conglomerate seeks to build a digital business to compete with rivals such as Tata, Google,…
MUMBAI: Braving a beating down sun in the hope of improved governance and development, a procession of business titans emerged from their abodes to fulfil their democratic duty on Monday. Among them stood Tata Trusts chairman Ratan Tata, Reliance Industries chairman Mukesh Ambani, Aditya Birla Group chairman Kumar Mangalam Birla, Mahindra Group boss Anand Mahindra…
MUMBAI: Spain’s Inditex, the owner of fashion brand Zara, saw its slowest ever sales growth in India, excluding the pandemic year, in FY24 as the world’s largest fashion group faced rising competition from global rivals in the clothing market that is increasingly getting cluttered. Inditex Trent, its joint venture with Tata that runs 23 of…
