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FMCG Cos See Double-Digit Sales Growth In April-June Qtr Amid Pandemic

Leading FMCG companies in the country are expecting their sales growth numbers in high double digit in the April-June quarter, a period when the broader market was severely impacted by the second wave of the COVID-19 pandemic. FMCG companies such as ...

Tata Digital is Set To Acquire A Majority Share in 1MG.

Tata Digital Ltd, a wholly-owned arm of Tata Sons, on Thursday said it will acquire a majority stake in 1MG Technologies Ltd, an online healthcare marketplace. The company, however, did not disclose the financial details of the transaction. Just days after ...

BigBasket To Sell Majority Stake To Tata Group: Reports

As per a leading business dailies report citing people privy to the development, BigBasket, Bengaluru-based online-grocery startup is in advanced talks with Tata Group for paring its majority stake worth $1 billion. "While the talks have been ongoing for some time, ...

Tata Consumer Products Hits All-Time High On 82% Jump In Q1 Net Profit

On Wednesday, shares of Tata Consumer Products Ltd surged as much as 4.9 percent to hit an all-time high of Rs 471.80 before cooling off gains. It will be the fourth straight day of surge for the stock. The rally comes ...

Tata Consumer Products Hits All Time High On Reporting 82 Jump In Q1 Net Profit

Tata Sons Move To SC Against NCLAT Ruling On Cyrus Mistry's Reappointment

On Thursday, Tata Sons approached the Supreme Court challenging the 18 December verdict by the National Company Law Appellate Tribunal (NCLAT) to re-appoint Cyrus Mistry as the executive chairman of the group. Tata Sons are seeking a stay on the ...

Tata Sons Move To Sc Against Nclat Ruling To Reappoint Cyrus Mistry

NCLAT Restores Cyrus Mistry As Tata Group’s Executive Chairman

The National Company Law Appellate Tribunal has restored Cyrus Mistry as executive chairman of Tata Group, PTI reported. The tribunal also held the appointment of N. Chandra as executive chairman illegal. Mistry, who belongs to the Shapoorji Pallonji family that ...

Jet Airways Shares Revive On Reports Of Tata's Interest In Its Assets

Shares of Jet Airways (India) rose by 5 percent on Monday amid a news report that the Tata Group plans to bid for some of the airlines' asset. An Economic Times report citing sources said that as Jet Airways undergoes bankruptcy ...

HDFC Group Tops As the Most Valuable; Surpasses Tata Group In M-Cap

The HDFC group has surpassed the Tata group to become the most valuable in terms of market cap. The market cap of a stock or a company is the total of its market share price and the number of outstanding shares. ...

Tata Chemicals To Transfer Consumer Business To TGBL; To Be Renamed

Streamlining its business, the Tata group transferred its consumer products businesses from Tata Chemicals Ltd (TCL) to Tata Global Beverages Ltd (TGBL). In a stock exchange filing, the companies said, "The Boards of Directors of Tata Global Beverages Limited (TGBL) and Tata Chemicals ...

Tata Group Enters Airport Business With Stake Purchase in GMR Airports

GMR Infrastructure in a statement on Wednesday said that a consortium of Tata Group, an affiliate of Singapore's sovereign wealth fund GIC Private Ltd and SSG Capital Management will invest Rs 8,000 crore ($1.16 billion) in its GMR Airports Ltd unit. ...

Gic Tata And Ssg Capital Management Purchase Stake In Gmr

Tata Investment Surges 8% On Share Buyback Plans

Shares of Tata Investment Corporation rose as much as 8 percent to Rs 890 apiece on BSE in early morning trade on Monday. Its board approved a proposal to buy back 8.17 percent of the total paid up capital on Friday ...

No Proposal Has Been Made Says Tata Sons On Jet Airways

Tata Sons Ltd clarified on Friday that it is interested in acquiring a controlling stake in Jet Airways but no deal has been made yet. The cash-strapped airlines has been looking to raise equity to meet its debt obligations and operating ...