Tag Archives: Tata Group

In an effort to alleviate its pilot shortage crisis, Vistara, a subsidiary of the Tata Group, has announced plans to source first officers from Air India. However, this move may not immediately resolve the ongoing challenges faced by the airline.

In a remarkable turn of events, the market capitalization of Tata Group companies has surged to $365 billion, outstripping the size of Pakistan's entire economy, which stands at approximately $341 billion, according to estimates by the International Monetary Fund (IMF). This significant milestone underscores the formidable growth trajectory of Tata conglomerate entities, propelled by stellar performances across various sectors.

In a move poised to shake up India's media and entertainment landscape, Mukesh Ambani-led Reliance Industries is reportedly in advanced discussions to purchase a significant stake in Tata Play, formerly known as Tata Sky, from its current shareholder Walt Disney. According to sources cited by the Business Standard newspaper, Reliance is eyeing approximately 29.8% of Tata Play's stake, currently held by Disney.

Tata Group's consumer unit is in discussions to purchase over 51% of Indian snack maker Haldiram's, a move that would put it in direct competition with Pepsi and Mukesh Ambani's Reliance Retail. However, Tata is reportedly hesitant about the $10 billion valuation sought by Haldiram's.

Industrialist Ratan Tata's recent receipt of the prestigious 'Udyog Ratna' Award by the Maharashtra government has revived an old video in which he recounted an audacious encounter with a gangster during his initial days as the chairman of the Tata Group. The video, shared by the Columbia Business School on their YouTube channel almost a decade ago, showcases Tata's resolute decision not to yield to the intimidation tactics employed by the alleged gangster.