Tata International

Tata International bondholders seek clarity on redemption of Rs 800-cr bonds

The question of redemption of these bonds is crucial for TIL, because if the company fails to redeem, it could see interest rate on the instruments rise from 9.1 percent to 12.1 percent - a steep three-percentage-point markup - significantly raising its financing costs and straining cash flows.

Tata International faces a Rs 800 crore bond redemption that risks raising financing cost and strain cash flow

With total debt - including perpetual instruments - estimated at over Rs 5,000 crore, any delay or rollover of these bonds could increase TIL’s interest outgo by nearly Rs 24 crore annually, further squeezing liquidity.

Tata International appoints Rajeev Singhal as MD

Rajeev Singhal whose appointment to the new position is effective from April 1, succeeds Anand Sen, who superannuated on March 31, 2024, Tata International said in a statement.

Noel Tata may be among frontrunners for top job at Tata Sons

Speculations have been rife on who will take charge of Tata Sons after the board ousted 48-year old Cyrus Mistry last month. The Economic Times today reports Noel Naval Tata, the media-shy half-brother of Ratan Tata and current Managing Director of Tata International has also emerged as a frontrunner to take over as Tata Sons‘ chief.

Tata group strengthens presence in Myanmar

The office, set up by Tata International, will be a central hub for Tata companies and will further enhance and strengthen the group's engagement with stakeholders in Myanmar, it said in a statement.

Tata International to locate strategic functions in Singapore

Over 70 percent of top minerals and mining companies and over 60 percent of the world's top 30 steel companies are based here, Iswaran said.

Tata International to expand footprint in Africa this year

Tata Motors will soon be setting up an assembly line in Nigeria as that country has made it mandatory to have local manufacturing.

Competition Comm clears TVS Logistics' acquisition of DIESL

Giving its green signal, the fair trade regulator said the deal is not likely to have an appreciable adverse impact on competition in the country. The transaction between DIESL and TVS Logistics Services Ltd (TVS LSL) was announced in May.

Naushad Forbes, Noel Tata debate future of retail sector

In a conversation with CNBC-TV18, Naushad Forbes, Director, Forbes Marshal said that companies need to focus on improving domestic efficiency before focusing on foreign investment.

TVS Logistics to acquire Tata Group's logistics firm DIESL

DIESL set up as a 50:50 joint venture between Tata International and Tata Industries has more than 180 warehouses and 6.5 million square foot of storage space primarily for consumer products.

India's iron ore imports jump to record 15 MT in FY'15

A report by industry consultancy SteelMint said that FY'15 marked an all time high of 15 MT iron ore imports into India.

Tata International launches Aerosoles shoes

"We have already invested USD 1.5 million to start off in terms of merchandise and in terms of shop refits and advertising. Going forward, the investment will come in a phased manner," Tata International global business head for footwear and leather garments N Mohan told PTI.