India's Tata to invest $35bn over next three years
Aug 01, 2014 at 04:07 | Source:
The Tata conglomerate, India's biggest business group, has said it will invest $35bn (£20.7bn) over the next three years in areas including retail and defence. The expansion plans were unveiled by chairman Cyrus Mistry at an internal meeting th...
Confronting life's unknown insecurities and taming demons (Book Review)
Jul 16, 2014 at 23:15 | Source:
Title: Passion Flower: Seven Stories of Derangement; Author: Cyrus Mistry; Publisher: Aleph; Pages: 199; Price: Rs. 495There is a wicked demon in all of us. Lying dormant somewhere, partially active, at times justifying our actions or lamenting and b...
Tata Sons names Gopichand Katragadda chief technology officer
Jul 01, 2014 at 08:12 | Source:
MUMBAI: Tata Sons has appointed Gopichand Katragadda as the group's Chief Technology Officer (CTO). The appointment will be effective from August 3 and he will report to group Chairman Cyrus Mistry, a company release said here. Katragadda will be re...
TCS working on e-governance projects: Cyrus Mistry
Jun 28, 2014 at 12:37 | Source:
MUMBAI: India's largest software services firm Tata Consultancy Services (TCS) is working on projects of e-governance, which can help in checking corruption, Chairman Cyrus Mistry said today. Mistry, who is also Chairman of the over $100-billion Tat...
Two more senior executives of Tata Motors quit from key positions
Jun 11, 2014 at 23:47 | Source:
MUMBAI: Challenged by attrition at the top deck and a declining share in the market place, Tata Motors, India's largest automobile company in revenues, saw two more senior executives exiting from key positions. Venkatram Mammillapalle, senior VP purc...
Budget 2014: India Inc seeks conducive tax environment, bold reforms
Jun 08, 2014 at 00:32 | Source:
NEW DELHI: India Inc has sought a conducive tax environment and a bold statement of economic reforms in the forthcoming budget to revive investor sentiment and get growth back on track. In their first interaction with the new finance minister Arun Ja...
Delhi High Court rejects plea challenging AirAsia India permit
May 09, 2014 at 14:01 | Source:
(Photo: Reuters) The Delhi High court has dismissed a plea by an airlines industry body challenging the grant of a flying permit to AirAsia India.The Federation of Indian Airlines had challenged the Directorate General of Civil Aviation's (DGCA) dec...
Ahead of make-or-break launches, Tata Motors' senior executives resign
May 05, 2014 at 12:31 | Source:
MUMBAI: Even as the CEO search at Tata Motors enters its fourth month, the company has seen the departure of two senior executives crucial to the launch of the Zest and Bolt models that's part of an exercise aimed at reinvigorating the flagging passe...
Precision Engineering aims ten-fold growth by 2019
Apr 04, 2014 at 07:06 | Source:
BANGALORE: Titan Company's smallest business vertical, Precision Engineering, aims to record a ten-fold growth by 2019, during which time a possible decision to carve out the vertical as a separate company would also be made by Tata Sons. Cyrus Mistr...
Tata group bets big on infrastructure, to invest $8B
Mar 18, 2014 at 20:00 | Source:
India has plans to spend $1 trillion over five years on infrastructure development in the country and 40 per cent of this is expected to come from the private sector. Tata group's chief Cyrus Mistry is looking to spend a whopping $8 billion (...
AirAsia India gets closer to getting flying permit
Feb 21, 2014 at 16:31 | Source:
AirAsia chief Tony Fernandes. PHOTO: AP In a step forward for issuance of flying permit to AirAsia India, aviation regulator Directorate General of Civil Aviation (DGCA) has disposed of the objections against the start-up carrier filed by the Federa...
Tata Motors breaks jinx
Feb 11, 2014 at 04:22 | Source:
Calcutta Telegraph News
Mumbai, Feb. 10: Tata Motors has hauled its domestic operations out of losses. Buoyed by a one-time profit of Rs 1,947 crore from the sale of its investments in overseas companies to its Singapore step-down subsidiary and a tax credit of Rs 630 cror...
Jaguar Land Rover quarterly profits double to £842m
Feb 11, 2014 at 04:22 | Source:
Profits at luxury car maker Jaguar Land Rover (JLR) more than doubled in the last three months of 2013. The UK company made profits of £842m, up from £404m for the same quarter in 2012, on revenues of £5.3bn. Sales during the third quarter rose 27...