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Tag: Tata Group

Air India
In-Flight Pilot's Welcome Announcement Changed For Air India Passengers

On Friday, the first day post the formal take over by the Tata Group, the pilots were asked to change the welcome announcement which are made after the closure of the cabin.

Air India Comes With Over 140 Aircraft But No Real Estate Assets For Tata Sons
Air India Comes With Over 140 Aircraft But No Real Estate Assets For Tata Sons

Under the agreement with the Centre, no employee will be removed for one-year. In the second year, if an employee has to be removed, a VRS option will be provided.

Golden Age Of Air India Lies Ahead; Proud To Welcome It Back Into Tata Family: N Chandrasekaran
Golden Age Of Air India Lies Ahead; Proud To Welcome It Back Into Tata Family: N Chandrasekaran

In a separate social media post themed "Looking back, looking forward", Chandrasekaran reiterated that Tata Group is committed to making Air India a world-class airline.

Air India
Govt Notifies Air India Asset Transfer Agreement With AIAHL; Stage Set For AI Handover To Tata Group

The Tata Group would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt. The deal also includes sale of Air India Express and ground handling arm AISATS.

Air India Likely To Be Handed Over To Tata Group On Thursday
Air India Likely To Be Handed Over To Tata Group On Thursday

While this will be the Centre's first privatisation since 2003-04, Air India will be the third airline brand in the Tatas' stable as it holds a majority interest in AirAsia India and Vistara, a joint venture with Singapore Airlines Ltd.

Air India Likely To Be Handed Over To Tata Group By Weekend
Air India Likely To Be Handed Over To Tata Group By Weekend

Tatas had on October 8 beat the Rs 15,100-crore offer by a consortium led by SpiceJet promoter Ajay Singh and the reserve price of Rs 12,906 crore set by the government for the sale of its 100 percent stake in the loss-making carrier.

Will Air India Employees Be Retained?
Will Air India Employees Be Retained? Civil Aviation Secretary Opens Up

At present, Air India has a total strength of 12,085 employees, which includes 8,084 permanent staff. Air India Express has 1,434 employees.

Air India Finds A New Address: Chronology Of Air India Privatisation
Air India Finds A New Address: Chronology Of Air India Privatisation

With the opening up of the aviation sector to private players in 1994-95 and private entities offering cheaper tickets, Air India gradually started losing market share.

Tata Group Wins Bid For Acquiring Air India
Tata Group Wins Bid For Acquiring Air India: Govt

The process for the sale of Air India, which is reportedly reeling under a debt of over Rs 60,000 crore, had begun in July 2017.

Jamsetji Tata
Jamsetji Tata Named World's Top Philanthropist Of The Century

The inaugural list on philanthropists of the century released by Edelgive Foundation and Hurun India noted that with donations of $102.4 billion, Jamsetji Tata is the topmost philanthropist globally.

political funding
Political Donations: BJD hits Rs 28cr jackpot, Tata funded PET major player!

Bhubaneswar: There seems to be no stopping for the ruling Biju Janata Dal (BJD) in Odisha when it comes to the heavy downpour of political donations. The cash registers of the regional party rang well though the financial year 2019-20 wasn’t an election year. For the sheer magnetic attributes of the ruling BJD in the […]

Parliament
Tata Group Wins Bid To Build New Parliament Building For ₹ 861.9 Crore

New Delhi: Construction major Tata Projects has won the bid to erect the federal Parliament’s new building in place of the colonial-era structure here in the national capital. As per the available information, Tata Projects bid an amount of Rs 861.9 crore. According to a company spokesperson: “We have emerged as the ‘L1’ in the […]

Air-Asia
Air Asia India eyes corporate clients, foreign flights

New Delhi: Seeking long-term travel commitment, Tata Group joint venture Air Asia India plans to tie up with about 200 companies in the next few months, offering them a slew of benefits, including flexibility in last-minute flight change and onboard meals. The aggressive business pitch is set to help the low-cost carrier widen its customer base […]

tata
Odisha govt urges Tata Group to set up defence mfg cluster

Bhubaneswar: The Odisha government today made a proposal to the Tata Group to set up a defence manufacturing cluster in the state. Chief Minister Naveen Patnaik met a delegation of the company, including Tata Sons Chairman Natarajan Chandrasekharan here at the state secretariat, and asked Tata Advanced Systems to consider developing the cluster on 871 […]

Implementation and Assessment Group Meet of GICNT
Jaishankar appointed as Tata Group's President of Global Corporate Affairs

Mumbai: Former Indian foreign secretary S. Jaishankar has apparently been given a waiver from the “cooling off period” for bureaucrats, as Tatas have announced his appointment as their Groups President of Global Corporate Affairs. Announcing the appointment, Tata Sons said Jaishankar will report to N Chandrasekaran, executive chairman of Tata Sons in his new role. […]

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