As revenues thin, Tata Group companies prepare to tighten belt
The cuts will impact all functions, including finance, marketing, human resources and branding.
Top 10 firms add Rs 1.37 lakh cr in m-cap; TCS, RIL major gainers
Reliance Industries Limited (RIL) added Rs 28,464.11 crore to take its mark...
Tata Group may slash pay of employees at some companies
The aviation and hospitality sectors are estimated to see a business loss of over Rs ...
Tata Group stocks performance after Mistry joined
Tata Power to raise Rs 2,600 crore from Tata Sons; share sale at 15% premium
The power generation and distribution company said it will allot 49,05,66,037 shares to Tata Sons at Rs 53 per share, meaning a premium of 15 per cent from the last close.
Sensex gains 200 points, Nifty nears 10,400; Tata Steel gains 3% post Q4 numbers
TCS, Sun Pharma, Infosys and HDFC Bank were down between 0.30 per cent and 1 per cent.
RBI board debates 90-day NPA cap
Chandrasekaran is learnt to have suggested that policymakers needed to go the extra mile
N Chandrasekaran seeks to rewire Tata Group for post-Covid world
Chandrasekaran is keen to find solutions to the problems facing the group’s money guzzlers.
TCS revenue growth from Tata Group slows in FY 20
Revenue from Tata Sons as well as subsidiaries and associates grew to nearly Rs 2,656 crore compared to a more than 13% growth to Rs 2,566 crore in financial year 2019, when the software services exporter capitalised on the group's new technology initiatives.
Sensex rebounds 1,400 points from day's low, ends 243 pts higher; Nifty tops 9,950
India is now the fourth-worst impacted country from Covid-19 infections.
Indian Hotels tumbles 7% on Q4 profit fall, recovers
Total income for the quarter, the company said, stood at Rs 1,101.02 crore compared with Rs 1,281.55 crore in the year-ago quarter.
Top 10 firms add Rs 2.46 lakh cr in market cap; RIL biggest gainer
The market capitalisation of Reliance Industries Ltd (RIL), the country's most valued firm, jumped by Rs 73,156.71 crore to Rs 10,02,006.10 crore.
Tata Group may slash pay of employees at some cos
Some of its companies like Indian Hotels (Taj), Tata SIA Airlines (Vistara) and Tata Motors have been majorly hit after travel bans and production shutdowns of non-essential products. Some other units like Tata Power and Tata Communications benefited as stay-at-home restrictions increased demand for electricity and internet.
View: NSE lies the head that bears the bourse
There have been attempts to set up other stock exchanges, most notably the MCX-SC, now the Metropolitan Stock Exchange.
Tata Group not looking to monetise investments, has enough cash, says Chairman N Chandrasekaran
"All our group companies are progressing well responding to these challenges and opportunities and we are confident that they will emerge stronger," Tata Group Chairman N Chandrasekaran said.
Sensex rises 100 points, Nifty nears 10,100 on firm global cues
In the 30-share pack Sensex, Tech Mahindra was the biggest gainer up 2.54 per cent at Rs 567.
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