Singapore Airlines to get 25.1 pc stake in enlarged Air India group
The November 2022 deal between Singapore Airlines and Tata Sons to further inject USD 267 million into Air India is one of the key strategic initiatives for future growth.
The November 2022 deal between Singapore Airlines and Tata Sons to further inject USD 267 million into Air India is one of the key strategic initiatives for future growth.
After the industrialist and former Tata Sons chairman Cyrus Mistry died in a road accident in Palghar, Police asked the car manufacturer company why the airbags in the ill-fated SUV did not open at the time of the accident.
Former Tata Sons chairman Cyrus Mistry was killed in a road accident near Mumbai on Sunday. According to Palghar Police, Mistry was travelling from Ahmedabad to Mumbai when his car hit the divider.
According to Palghar Police, Mistry was travelling from Ahmedabad to Mumbai when his car hit the divider. There were four people in the car. Two died on the spot, including Mistry, while the other two were shifted to hospital.
As per the deal, the Tata Sons will take over of Rs. 15,300 crore of debt and rest of the amount will be paid in cash and final transaction is expected to be completed by December this year.
While defending himself, Ratan Tata also gave an example of Mistry’s lack of leadership skills during the DoCoMo litigation.
Tata Steel closed at Rs 484.95 up by 3.68% at BSE, and at NSE it rose by 4.29% to reach Rs 487.80; Tata Motors on BSE rose by 25.12% at Rs 193.85, and at NSE it was Rs 193.85 increased by 5.10%
On December 18, the NCLAT had restored Cyrus Mistry as the Executive Chairman of Tata Group, stating that his removal was illegal.
“Mr Tata has been an inspiration and a mentor to me personally in shaping Ola’s journey over the years. I’m very excited to welcome him on board Ola Electric as an investor and a mentor in our mission of building sustainable mobility for everyone on our planet. He is a visionary who has inspired a generation of entrepreneurs and we are privileged to have his guidance and support once again, as we work towards our goal of a million electric vehicles in India by 2021,” said Bhavish Aggarwal
Sometimes life becomes a story of ironies: so too news of Tata Sons considering buying a large stake in Jet…
