Tata Group’s market value declined by Rs 90,000 crore in Monday crash
Tata Group stocks saw a sharp decline on Monday, losing nearly Rs 90,000 crore in market value amid a global market selloff.
Tata Group stocks saw a sharp decline on Monday, losing nearly Rs 90,000 crore in market value amid a global market selloff.
Union Minister Rajeev Chandrasekhar on Saturday raised concerns over Air India's service quality after its takeover by the Tata Group, warning that reduced competition in full-service airlines could lead to complacency.
A groundbreaking ceremony for the new hotel was held today in the presence of Chief Minister Devendra Fadnavis and Tata Sons Chairman N Chandrasekaran.
Sequentially, the decline was sharper, with net profit falling 61.1 per cent from Rs 758.84 crore in the previous quarter (Q2 FY25), according to company’s exchange filing.
The Tata Group plans to create 500,000 manufacturing jobs over the next half-decade in sectors like battery, semiconductors, electric vehicles and solar industries, Tata Sons Chairman N. Chandrasekaran said on Thursday.
Terming Tata Group the best business group in India, global investor Mark Mobius on Monday recalled that he had met the (recently-deceased) Ratan Tata a few years ago and "despite being a titan of the Indian Industry, he was very humble".
Noel Naval Tata, the newly-appointed Chairman of Tata Trusts, on Friday said he looks forward to carrying on the legacy of Ratan Naval Tata and the founders of the Tata Group.
Noel Tata’s career within the Tata Group began in the early 2000s. By 2010-2011, he was appointed managing director of Tata International.
Leaders from across the political and business spectrum paid their tributes to industrialist Ratan Tata, who passed away peacefully on Wednesday, October 9, 2024.
According to the Minister, these technologies are extremely critical for key applications such as automotives (especially electric vehicles), communications, network infrastructure, and others.
