TTRata Group’s Air India having ordered 470 odd planes from Boeing and Airbus will have a positive impact on job opportunities in India, both directly and indirectly, according to Ashish Saraf, Vice President and Country Head at Thales India. Saraf emphasised that this would provide Thales India with an advantage, enabling them to offer their […]
The Tata Group and the founders of CaratLane have been unable to agree on the valuation of the founders’ remaining stake in the company. This has led to a prolonged deadlock, which has now reached the attention of N Chandrasekaran, Chairman of Tata Sons, who is reportedly trying to find a swift resolution to the […]
Wistron is shutting is iPhone assembly in Kolar, Karnataka and is in the process of selling the facility to Tata Group. The company is one of three global contract manufacturers to start assembling iPhones in India in 2017. But a leading media house said that Wistron’s struggle with component manufacturing and vendor-managed inventory holding was […]
Tata Group will be Apple’s fourth iPhone contract manufacturer in India after the acquisition of Wistron Corp’s factory in Bengaluru, according to a TrendForce report. The assembly orders by the cars-to-software conglomerate for various iPhone models is expected to be 5 per cent of total units in 2023. The company has reportedly received orders for […]
BigBasket, a Tata group-owned grocery unicorn, has started testing its large format supermarket mode in Hyderabad. Earlier the company began testing its offline retail model with tech-driven, self-serviced fruits and vegetables outlets in Bangalore last year. On Wednesday, the digital first startup opened its first full-fledged supermart in the country in Hyderabad’s IT corridor, with […]
Tata Consumer Products Ltd (TCPL) announced on Thursday that it has acquired 23.3 per cent more shares in South Africa-based Joekels Tea Packers through a step-down subsidiary for Rs 43.65 crore. Tata Consumer Products Overseas Holdings Ltd (TCP Overseas), a step-down wholly-owned subsidiary of Tata Consumer Products UK Group, “has decided to purchase 23.3 per […]
After raising USD 200 million, the Tata Group-owned online grocer BigBasket is looking to make an IPO foray by 2025. BigBasket is presently valued at USD 3.2 billion. According to media reports, the e-commerce major will launch an initial public offering over the next 24 to 36 months. However, the group is looking to raise […]
