Tata Group chairman emeritus Ratan Tata has cashed in on his early investment in the stock broking platform Upstox. Rata Tata has reportedly received 23,000%-plus return on his investment in the Tiger Global-backed platform.The 86-year-old industrialist, known for his visionary leadership of the Tata Group, had acquired a small stake in Upstox in 2016. Recently,…
NEW DELHI: Air India on Wednesday said that flights operated with Vistara aircraft will use flight numbers starting with the prefix ‘AI2’ following the merger scheduled for November 12. The airline, owned by the Tata Group, also assured that the crew and services will continue to operate as before, and the Vistara experience will be…
NEW DELHI: India’s low cost carrier (LCC) space is in for a major rejig with Tata Group‘s mega Air India Express coming into being on Oct 1, 2024, when the process of merging erstwhile AirAsia India into it gets completed. The combined entity, with 7,000 employees, as of now has 84 aircraft (mainly Boeing 737s…
Tata Sons, the holding entity of the $410-billion Tata Group, recently sought to voluntarily surrender its certificate of registration to the Reserve Bank of India (RBI) after repaying more than Rs 20,000 crore in debt in a strategic move that allows it to remain an unlisted, closely held company.The company in its annual report said…
Trent Limited After outperforming most of the world’s big retail stocks, shares of Trent Ltd. may be poised to rise even further with their addition to India’s benchmark index. The Tata Group company’s stock has risen 129% this year, ranking it No. 3 on the Bloomberg World Retail Index, on a winning strategy in affordable…
Apple’s expanding business in India has catalysed significant growth at Tata Electronics, propelling the homegrown company to a pivotal position within the global smartphone manufacturing industry. According to recent filings with the Registrar of Companies (RoC), as reported by The Economic Times, Tata Electronics witnessed an astounding ninefold increase in sales year-on-year, with revenues soaring…
Tired of looking for change every time you place a cash on delivery order online? Zomato has a solution for it. The food delivery company now offers an instant credit of the balance amount every time a customer pays in cash, making cash transactions as convenient as digital payments. Zomato says that this balance can…
NEW DELHI: Tata group‘s bid to acquire a majority stake in Chinese smartphone giant Vivo’s India business may have stalled after objections by Apple, sources told TOI.Sources said Vivo (FY23 revenue: Rs 30,000 crore) was looking to offload 51% stake in its Indian subsidiary to the Tata group as part of its efforts to ‘Indianise’…
New Delhi: The Aditya Birla Group on Friday launched a jewellery retail brand, Indriya, that directly pits it against the Tata Group‘s Tanishq and the Reliance Group‘s Reliance Jewels, and other national chains such as Kalyan Jewellers and Joyalukkas. The conglomerate with business interests spanning metals and cement to financial services and fashion is entering…
New Delhi: Leading jewellery and watchmaker Titan on Friday said it clocked a standalone revenue growth of 9 per cent in the first quarter ended June 30, 2024. The Tata Group-managed firm added 61 stores during April-June FY25, taking its combined retail network presence to 3,096 stores. Its jewellery division, which contributes over three-fourths of…
