One issue that dogged the PSBs more than the PVBs was the unresolved issue of NPAs and cleaning up of their balance sheets.
September 6, 2022All in all, Tata Sons' subsidiary Talace will, among other assets such as human resources, get more 140 aircraft as well as 8 logos. In terms of fleet, Tatas will get Air India's 117 wide-body and narrow body aircraft and Air India Express's 24.
October 15, 2021A joint venture between Tatas and Singapore Airlines, Vistara might also look at starting medium and long-haul flights, depending on approvals, amid the grounding of Jet Airways.
June 3, 2019The Tatas had formally shown an interest in Air India’s stake sale, Union Minister of State for Civil Aviation Jayant Sinha said on Thursday. The government has given its nod for the disinvestment of Air India, which has a debt of over Rs 50,000 crore and is staying afloat on taxpayers’ money. “We have, of...
December 1, 2017The Aditya Birla group has entered the top valuation league with a market cap of over USD 50 billion post listing of financial services arm Aditya Birla Capital (ABCL), but Tatas remain on top with over USD 132 billion. The combined market valuation of the Kumar Mangalam Birla-led listed companies stood at Rs 3,42,354.87 crore...
September 3, 2017