Air India-Vistara Merger: Tata Sons Chief on Aviation Revolution
23 hours ago · By Rediff Money Desk, New Delhi Nov 14, 2024 19:33. Tata Sons Chairman N Chandrasekaran says the merged Air India-Vistara entity is ready for India's aviation revolution, emphasizing the importance of the merger and the transformation plan for Air India. Photograph: Kind courtesy Vistara/Facebook.
vistara: Air India-Vistara merger a step towards creating a world …
23 hours ago · Tata Sons chairman announced the merger of Air India and Vistara. The merger aims to create a strong full-service airline. The combined entity will leverage synergies and efficiencies. The merger process will involve integrating different cultures and systems. Initial challenges are expected, but the long-term goal is to establish a world-class airline.
Tata Sons IPO: This request turned down by RBI? Reason?
Oct 19, 2024 · Back in April this year, Tata Sons had submitted a proposal to the RBI to secure waiver on IPO. Post RBI move to turn down the request, Tata Sons will be required to mandatorily list by September 2025 as per the RBI's upper layer NBFC rule.
Tata Sons IPO coming next year? Tata Chemicals shares rally 14
Oct 21, 2024 · Tata Chemicals' shares rose 14%, benefiting from the potential value unlocking if Tata Sons proceeds with an IPO. RBI has rejected Tata Group's request to exempt Tata Sons from mandatory stock listing.
Noel Tata joins Tata Sons board, first to hold dual positions since ...
Nov 5, 2024 · Noel Tata’s appointment is noteworthy because he became the first family member since 2011 to concurrently serve on the boards of both Tata Trusts and Tata Sons. As the Tata Trusts hold a commanding 66 per cent stake in Tata Sons, this dual role signals an era of closer family oversight over the sprawling conglomerate’s operations.
RBI norms may force Tata Sons to consider mega IPO
Mar 9, 2024 · RBI norms may force Tata Sons to consider mega IPO With an estimated valuation of Rs 11 lakh crore, Tata Sons is reportedly looking to sell 5 per cent in the IPO, which makes up to about Rs 55,000 crore, according to a report by a broking firm.
Tata Sons' IPO unlikely soon, company seeking options to comply …
Mar 9, 2024 · Tata Sons is considering various avenues to adhere to the Reserve Bank of India's (RBI) mandates regarding upper-tier Non-Banking Financial Companies (NBFCs).
Tata Sons repays ₹ 20,000 crore debt to avoid mandatory listing
Tata Sons voluntarily surrendered its certificate of registration to the Reserve Bank of India (RBI) after repaying over ₹ 20,000 crore in debt in order to remain an unlisted entity, it was ...
How Tata Trusts controls Tata Sons, the company that owns all …
Tata Trusts is the philanthropic arm of the Tata Group, which also happens to own about 66% of Tata Sons, the private holding company which owns stakes in all Tata group companies.
Tata Sons May Be Valued at Up to $96 Billion in IPO, Spark Says
Mar 5, 2024 · Tata Sons Ltd. may fetch a valuation of as much as 8 trillion rupees ($96 billion) in an initial public offering that could potentially take place within the next 18 months, according to Mumbai...