CHENNAI: Major Indian jewellery brands continue their expansion in the US despite challenging economic and geopolitical situations. Brands focusing on luxury and premium segments are betting on the rapidly growing market and big-ticket purchases by the wealthy Indian diaspora. Tata Group‘s Tanishq opened three stores in the US – in Houston, Frisco, New Jersey –…
iPhone maker Apple is reportedly in advanced discussions with the Murugappa Group and Tata Group’s Titan Company to assemble — and, possibly, manufacture — sub-components for its iPhone camera modules in India. If the deal works out, the Indian supplier ecosystem will deepen for Apple as it looks to shift more of its operations away…
Apple has reportedly assembled $14 billion of iPhones in India last fiscal year, doubling production in a sign it’s accelerating a push to diversify beyond China. According to a report in Bloomberg, the US tech giant now makes as much as 14% or about 1 in 7 of its marquee devices from India, people familiar…
Pegatron is reportedly in advanced talks to hand over control of its only iPhone manufacturing facility in India to the Tata Group. According to a report in news agency Reuters, this marks the Taiwanese company’s latest scale back of its Apple partnership. The report claims to quote two sources with direct knowledge.Under the deal, which…
NEW DELHI: Despite simmering discontent among Vistara pilots over reduced pay as their airline readies for a merger into Air India by the year end, over 98% of the 1,000-odd pilots have signed the new agreement for the same. The Tata Group is in the process of merging its low-cost carriers — AIX Connect (erstwhile…
Consumer discretionary major Titan Company reported high double-digit revenue growth for the quarter ended March 2024 on the back of a solid show by jewellery and emerging businesses. Titan‘s revenue jumped 17% year-on-year in the fourth quarter and 86 stores were added in the same period. The overall store count currently stands at 3,035. Jewellery…
MUMBAI: The concerns expressed by the Vistara pilots are not isolated incidents but rather indicative of systemic issues that extend across various Tata Group, Air India pilots said in a letter sent to theTata Group chairman on Thursday. They brought to the fore problems they have been facing with the Air India HR department as…
Vistara flight cancellation crisis: Amid ongoing protests by Vistara pilots over pay revision, sources revealed that at least 15 senior first officers recently resigned from the airline. Vistara operates around 300 flights daily and has a fleet of 70 aircraft including A320-family planes and Boeing 787s.In recent weeks, the Tata Group-owned airline has faced discontent…
Vistara flight cancellations: Vistara, the joint venture airline between Tata and SIA, faced significant disruptions today, with nearly 50 flights cancelled and substantial delays in over 150 flights across its network. In response, the airline has announced plans to reduce flight operations and deploy wide-body aircraft on domestic routes to manage the backlog of affected…
Mumbai: Noel Tata-led chain Trent, which owns Westside, Zudio and Star Bazaar, has built a business model around selling private labels (owned brands), and its chief executive believes there is no reason just yet to deviate from this pronouncedly singular script for the Tata Group retailing business. “We have growing conviction in our model. The…
