Ratan Tata’s Demise Shakes India’s Self-Reliance Vision
Ratan Tata, one of India’s leading business tycoons and industrialists, died on Wednesday at the age of 86 after a prolonged illness. He led the TATA group for 21 consecutive years from 1991-2012, the same period when the Tata conglomerate grew into a multinational giant. On Ratan Tata’s death, his family in a statement mentioned,…
Shipra Prajapati
Tata Might Sell Their Home Appliance Company Voltas
One of the biggest home appliance companies in India, Voltas is in dire straits as its parent company, Tata Group is planning on selling the company citing extreme difficulty in upscaling the business because of steep competition within the market. Voltas is one of the oldest companies in Tata Group’s portfolio. It was founded in…
UK Signs Deal With Tata Steel, “Will Create 4,000 Jobs”
UK’s prime minister Rishi Sunak signed a deal with Tata Steel that will help convert a coal-based steel plant in Port Talbot into a lower emission electric arc furnace. PM Rishi Sunak pointed out how this deal will help create more than 4,000 jobs for the British people and will also help in lowering the…
Yash Sharma
Air India To Hire New Staff To Expand Its Operations
After placing an order for the largest-ever aircraft, Air India plans to hire new staff to expand its national and international operations. On Thursday, a report conveys that Air India is hiring more than 1000 pilots, including captains and trainers and 4,200 cabin crew trainees this year. Currently, Tata-owned Air India has more than 1,800…
Sumit
Tata Refines Its Own Brand After Bisleri Deal Flatlines
March 20, 2023, marked the cancellation of the much sought-after acquisition deal between two major players in their respective fields, namely Tata Consumer Products Limited and Bisleri International. After a long wait and nearly two years of discussion between the players, the deal came to a standstill last week due to indecisiveness. Bisleri International was…
India Ranked As World’s Second Largest Producer Of Steel
India’s steel production has broken the record of 120 million tonnes per year and becomes the world’s second-largest steel producer, according to the government. India is soon to double its steel production to 300 million tonnes per annum by 2030, said Steel Minister Jyotiraditya Scindia. “There has been a doubling in the last eight years…
Tata Group To Open Apple Stores Across The Country
Indian salt-to-software conglomerate Tata Group plans to open 100 Apple stores across the country, as per the reports. Tata Group’s Infiniti Retail, which runs the consumer electronics store chain Chroma, will be an authorised reseller of Apple products and set up stores in shopping malls, high streets, and other neighbour locations, the report said. For…
Vikas
Goodfellows ━ A Startup By Ratan Tata For Senior Citizens
Industrialist Ratan Tata announced on Tuesday to invest in the companionship startup ‘Goodfellows’ for senior citizens. It would be the first Indian startup that aims to encourage intergenerational friendship. At the launch of Goodfellows, Ratan Tata said, “You do not know what it is like to be lonely until you spend time alone wishing for…
Approves Tata Steel’s Bid to Acquire 93.71% Equity in NINL
The Government on Monday has approved the highest bid of Tata Steel Long Products Limited for acquiring 93.71% equity in Neelachal Ispat Nigam Ltd (NINL), a joint venture of 4 CPSEs ─ MMTC, NMDC, BHEL, MECON, and 2 Odisha Government-owned companies ─ OMC and IPICOL. This is a combined decision of three Ministers ─ Transport…
John David
Adani Group Gives Green Signal to $5 Billion Steel Project With POSCO
South Korea’s POSCO and Indian billionaire Gautam Adani, together, aim to invest about $5 billion in the steel project in the western state of Gujarat. With this, the conglomerate, which is India’s largest player in ports and renewable energy, is making a move in the metal sector. Before this, it steps into aluminum and copper….
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