Free Press Journal
  • AirAsia India appoints Sunil Bhaskaran as CEO

    New Delhi: No-frills airline AirAsia India has appointed Tata group  veteran Sunil Bhaskaran as chief executive officer and managing director, according to a release. The airline is a joint venture between Tata Sons and Malaysia’s AirAsia Berhad. Bhaskaran’s appointment would be effective from November 15, AirAsia India said in a release Wednesday. Currently, he is vice president of corporate services at Tata Steel and has over three decades of experience in the fields of manufacturing,

  • Tatas reopen Bombay House after renovation

    Mumbai : The Tata Group re-opened Bombay House, its headquarters in Mumbai, after a 9-month-long restoration process on Sunday, which also marked the 114th birth anniversary of its Former Chairman, JRD Tata.

  • Indore: MP Government withdraws 60 acres land from Tata Group

    Indore: The state government has withdrawn 60 acres of land allotted to the Tata Group in Dewas. The land was given for setting-up industry but it was lying idle for over three decades. The state government can now use this land to generate investment of Rs 5000 crore.

  • Indore: MP Government withdraws 60 acres land from Tata Group  

    Indore: The state government has withdrawn 60 acres of land allotted to the Tata Group in Dewas. The land was given for setting-up industry but it was lying idle for over three decades. The state government can now use this land to generate investment of Rs 5000 crore.

  • High Court rejects IHCL’s plea against tender process to auction hotel

    New Delhi: The Delhi High Court today dismissed a plea by Tata Group-owned Indian Hotels Company Ltd (IHCL), challenging the tender procedure for the proposed auction of Delhi’s Taj Mahal Hotel by the NDMC. The verdict was pronounced by a bench of Justices S Ravindra Bhat and A K Chawla.

  • TCS Q4 results: Company all set to hit $100 billion market capitalisation mark

    Mumbai: Shares of IT bellwether Tata Consultancy Services (TCS) on Friday rose over 7 percent to touch a new high of Rs 3,419.80 per share, taking its market capitalisation (m-cap) to over Rs 6.50 lakh crore or around $98 billion. With this, the IT major emerges as the first Indian company with a market capitalisation of close to $100 billion. On closing (at 3.30 p.m.), the m-cap of

  • TCS

    TCS shares soar 6.5% after Q4 earnings

    New Delhi: Shares of TCS today jumped 6.5 per cent after the company reported a 4.4 per cent rise in March quarter net profit and guided towards a better show in fiscal 2019. The stock, after making a positive opening, further soared 6.55 per cent to hit its 52-week high of Rs 3,399.90 on BSE.

  • TCS

    TCS Q4 net profit up 4.4% at Rs 6,904 crore

    Mumbai: The country’s largest software exporter TCS today reported a 4.4 per cent growth in its consolidated net profit at Rs 6,904 crore for the March 2018 quarter and its board recommended a 1:1 bonus share issue.

  • Tata to say bye-bye to AI stake bidding

    Mumbai : The ambitious strategic stake sale of national carrier Air India and its two subsidiaries seem to be facing turbulence with yet another potential bidder deciding to stay away from the bidding process.

  • Business with Thailand could grow faster

    Thailand is not unfamiliar to most Indian businessmen. The Aditya Birla group was one of the first to discover the advantages of investing in Thailand. This group’s interests span chlor-alkali products, epichlorohydrin epoxy resins sodium phosphates, specialty phosphates sodium sulphite and sodium metabisulphite among others.

  • Tata Capital launches Aadhaar based e-KYC platform for loans

    Mumbai: The financial services arm of Tata Group, Tata Capital, has launched an Aadhaar-based biometric Know Your Customer (KYC) process to help streamline the KYC authentication process for its select loans, making the process more convenient for customers and completely paperless.

  • Best Indian Brands: Tata tops list, Reliance at 2nd spot

    Mumbai : Indian conglomerate Tata Group has topped the table in the 2017 Best Indian Brands Report released by brand consultancy firm Interbrand India. The salt-to-software conglomerate has topped the brand league table for the fifth consecutive year and its brand valuation stands at Rs 73,944 crore, despite registering a marginal 0.4 decline this year. Mukesh Ambani-led Reliance Industries pipped telecom major Airtel to grab the second spot, driven by the launch

  • Tata Tele board gives nod to raise Rs 20K cr

    The company didn’t specify the end use of the funds. The move comes close on the heels of the Tata Group announcing that the consumer mobile business of TTML and   Tata Teleservices will be taken over by Bharti Airtel

  • Airtel to acquire struggling Tata Tele on ‘no-debt, no-cash’ basis

    New Delhi : Bharti Airtel will acquire Tata Group’s loss-making mobile telephony business, almost for free, boosting its spectrum holding and raising subscriber base while saving the Tatas from the prospect of having to shut down the struggling unit. Airtel, for whom it will be the 7th acquisition in five years, will from November 1 take over 4 crore customers of Tata Teleservices Ltd (TTSL) and Tata Teleservices Maharashtra Ltd (TTML) in

  • Mumbai: Tata Trusts to spend Rs 500 cr to uplift tribals in four states

    Mumbai/Ranchi: The Tata Trusts, the largest public charity that owns over 66 per cent in the Tata Group, has earmarked around Rs 500 crore towards livelihood enhancement of the tribals in four states over the next five years under its flagship scheme Cini.

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