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…
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…
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…
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…
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….
TATA Motors Recorded Second Highest Sales in December 2021
TATA Motors Overtook Hyundai – the South Korean Carmaker and Recorded the Highest Sales in December 2021. Keep reading for full coverage. TATA Motors, one of India’s biggest and oldest industrial groups, overtook Hyundai and became the second-highest seller of passenger vehicles in the domestic market after decades in December 2021. Despite the second wave…
Tata Power Received LOA For A 945 Crore Solar Energy Project
December 2, 2021 Solar Energy Corporation of India (SECI) has awarded an LOA (Letter Of Award) to Tata Power to develop a 100 MW EPC solar plant with a 120 MWh utility-scale Battery Energy Storage System. According to a statement released by Tata Sons on Wednesday, the project’s entire contract value is around 945 crore,…