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Mumbai, November 14: Tata Motors Passenger Vehicles (TMPV) on Friday reported a multi-fold jump in its consolidated net profit to Rs 76,170 crore for the second quarter of the current financial year (Q2 FY26), driven by an Rs 82,616 crore one-time gain from the demerger of its commercial vehicles business. The Tata Group company had posted a net profit of Rs 3,446 crore in the corresponding quarter last year. Despite the exceptional gain, TMPV's revenue fell 14 per cent year-on-year to Rs 72,34 ...Read More >

Mumbai, India - A Unit Linked Insurance Plan (ULIP) is a financial instrument that strategically combines essential life insurance coverage with market-linked investment growth in a single policy. During periods marked by frequent and rapid changes in financial markets, ULIPs from platforms like Tata AIA have demonstrated notable growth. These plans offer policyholders life cover to secure their future, coupled with the handy feature to adjust their investment allocation. This dual capacity assi ...Read More >
Air India is seeking over a billion dollars in financial aid from its owners, Singapore Airlines and Tata Sons. This comes after a tragic crash earlier this year. The airline needs funds to upgrade its systems and services. It also plans to develop its own engineering and maintenance capabilities. Air India is seeking at least 100 billion rupees ($1.14 billion) in financial support from owners Singapore Airlines and Tata Sons, Bloomberg News reported on Thursday, citing people familiar with the ...Read More >

Mumbai, Oct 31 (SocialNews.XYZ) Actress Deepika Padukone, who has been a strong advocate for mental health awareness, reacted to cricketer Jemimah Rodrigues' recent revelation about battling anxiety. The 'Om Shanti Om' actress, known for openly sharing her own struggles with depression in the past, praised Jemimah for her honesty and courage in speaking up, highlighting the importance of conversations around mental well-being in sports and beyond. Taking to her Instagram Stories, Deepika Paduko ...Read More >

New Delhi, Oct 31 (PTI) Singapore Airlines on Friday said that as a significant minority shareholder it will provide its expertise and support where necessary to Air India. The comments came against the backdrop of reports saying that Air India is seeking more than Rs 10,000 crore from Tata Sons and Singapore Airlines. The loss-making Air India, which is jointly owned by Tata Sons and Singapore Airlines, has been facing certain headwinds in recent times. In one of the worst air accidents, Air ...Read More >

New Delhi, Oct 28 (PTI) Tata Capital, NBFC arm of Tata Group, on Tuesday reported a flat growth in consolidated profit at Rs 1,119 crore for the September quarter. The NBFC firm had earned a consolidated net profit of Rs 1,133 crore in the second quarter of the previous fiscal year. This is the first quarterly number announcement after listing of the Tata Capital stocks on the bourses. Its share were listed on stock exchanges on October 13. Total income rose to Rs 7,750 crore during the quart ...Read More >
In a major shake-up at the Tata Trusts, Mehli Mistry -- once considered a close confidant of Ratan Tata -- is set to exit the apex charitable bodies after chairman Noel Tata, vice chairman Venu Srinivasan and trustee Vijay Singh declined to approve the renewal of his term, people familiar with the matter said. In a dramatic turn at the Tata Trusts, Mehli Mistry -- once regarded as one of Ratan Tata's closest confidants -- faces potential ouster after chairman Noel Tata, vice chairman Venu Srini ...Read More >
MUMBAI: In an anticipated move, trustees of Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT) approved reappointment of trustee and vice-chairman Venu Srinivasan for life on Monday, setting aside recent differences over governance issues.The decision follows reappointment of trustee and chairman Noel Tata in Jan 2025, with no limits on his tenure. SDTT and SRTT have a combined 52% stake in Tata Sons.Fellow trustee Mehli Mistry's reappointment is similarly scheduled in the next few da ...Read More >

Bengaluru - A boardroom shake-up in Indian conglomerate Tata Group in early October threatened to destabilise the tea-to-semiconductors business house, prompting the government to intervene. The government was so worried about the situation at the organisation - which accounts for an estimated 4 per cent of India's gross domestic product - that Home Minister Amit Shah and Finance Minister Nirmala Sitharaman met some of Tata's top leaders in a closed-door meeting in Delhi on Oct 7. The unpreced ...Read More >

Air India and Air India Express on Tuesday announced the addition of 166 flights to and from Patna to meet the surge in demand for travellers around the festive season of Diwali and Chhath Puja. According to a press release by Air India, the Tata-owned carrier will operate 114 additional flights between Patna and different cities. In addition to that, the company's subsidiary Air India Express will operate 52 additional flights connecting the capital of Bihar to Delhi and Bengaluru. The additi ...Read More >
The solution directly connects to BFSI clients' application programming interfaces (APIs) and fintech platforms, streamlining the complete customer journey, from initiation to resolution. NEW DELHI: Homegrown telecom and CPaaS player, Tata Communications, said it has launched an agentic artificial intelligence (AI)-driven voice solution for improving customer engagement in the banking, financial services and insurance (BFSI) vertical. Tata Communications said the speech-to-speech solution offe ...Read More >
Mumbai: New Delhi is stepping in to ease the turbulence building up at a critical Mumbai institution, amid mounting concerns that infighting at majority shareholder Tata Trusts could begin to impede the functioning of Tata Sons, India's most valuable business conglomerate. This week, two senior cabinet ministers will meet with four key officials of Tata group in the National Capital to discuss recent developments that have sparked concern. Tata Trusts chairman Noel Tata, vice-chairman Venu Sri ...Read More >

Mumbai, Oct 1 (PTI) Amid intense speculation over Tata Sons' perceived non-compliance with the RBI's mandate to list, Governor Sanjay Malhotra on Wednesday said an entity can continue to do business till its registration is not cancelled. The central bank had asked a set of entities, including Tata Sons, the holding company of the salt-to-software conglomerate, to list by September 30 this year. In response, Tata Sons had last year applied to surrender its core investment company (CIC) registr ...Read More >

Govindrajan was revered by all albeit each one either knew him or had known of him differently. To those from the banking and finance arena, he was the former central banker Raghuram Rajan's father, to those in the environment and sustainability space, he was Mukund Rajan's father. He was more than the intelligence and police services, he was devoted to all his life. In the passing of R Govindarajan on September 30th morning in Chennai, India has lost a highly regarded official from the foundin ...Read More >
MUMBAI: Tata Capital's Rs 15,511-crore IPO -- Tata Group's biggest-ever and the largest by any NBFC -- will be open between Oct 6-8, with anchor bids on Oct 3. Priced at Rs 310-326 a share, the offer values the firm at Rs 1.32-1.38 lakh crore. Investors must bid for at least 46 shares.At the floor, pricing matches Tata Sons' rights issue earlier this year -- well below the grey-market frenzy that once saw trades over Rs 1,000 before Trump's tariff tantrums roiled equities.The 47.6-crore-share is ...Read More >
Mumbai: Tata Capital, among the top three diversified financial services companies owned by India's largest conglomerate, will consider a fresh round of dilution in equity only after two-and-a-half to three years, a top official at the Tata Group entity said. The proposed ₹15,512-crore IPO, which will open for subscription early next week, will result in an 11.21% dilution in the promoter's stake. Tata Group owns 95.8% in the company, and of this Tata Sons holds 88% stake. The proposed IPO is t ...Read More >

Mumbai: Tata Capital, the financial services arm of the Tata Group, will hit the capital markets with its initial public offering (IPO) from October 6-8, with anchor bidding slated for October 3. The largest IPO of 2025 is expected to raise about Rs 15512, valuing the Non-banking finance company at Rs 1.31-1.38 lakh crore based on the price band between Rs 310-326 a share. This would be the biggest IPO of 2025 so far and among the largest in India, following Hyundai Motor India, LIC, and One9 ...Read More >

New Delhi: In a significant development, the Reserve Bank of India (RBI) has asked the Tata Group to list its holding company - Tata Sons. The company was given a three-year deadline to do so, and now only a day remains until the deadline. Tata Sons is the holding company of the country's largest business group. The possible public listing of the USD200-billion group, which owns Jaguar Land Rover, Air India, Taj Hotels, and a major European steel company, could have massive effects on India's to ...Read More >

Mumbai, Sep 29 (PTI) Non-banking financial company Tata Capital has set the price band for its much-awaited Rs 15,512 crore Initial Public Offering (IPO) at Rs 310-326 per share, making it the largest issue of the year. At the top end of the band, the NBFC commands a valuation of about Rs 1.38 lakh crore. The maiden public offering will open for subscription on October 6 and close on October 8, with the anchor book bidding scheduled for October 3, according to a public announcement. The IPO, ...Read More >

MUMBAI: Tata Capital has launched the largest issue from the non-banking segment ever, with a Rs 15,512-crore primary share sale at a price band of Rs 310-326/share -- nearly half of the prevailing price in the unlisted markets. The issue, also the largest listing of 2025 so far, opens on October 6 and was delayed a week as the RBI mandate to go public ends on Tuesday. According to platforms tracking grey market activity, the company's shares are quoting at a premium. Investorgain reported a gr ...Read More >

New Delhi, Sep 29 (SocialNews.XYZ) Tata Capital's initial public offering (IPO) has set its price band at Rs 310-326 per share, a move that has come as a disappointment for investors who had earlier bought its shares in the unlisted market at significantly higher prices. At its peak, Tata Capital's unlisted stock had traded at around Rs 1,125. Compared to this, the IPO's upper band of Rs 326 represents a steep 71 per cent erosion in value for those early buyers. Even at yesterday's levels, the ...Read More >

Mumbai: Tata Capital has announced the price band for its upcoming IPO (Initial Public Offering), which is set between Rs 310 and Rs 326 per equity share. Each share has a face value of Rs 10. This IPO is an important step for the company as it works to meet regulatory requirements and raise funds for future growth. IPO Dates and Subscription Details The Tata Capital IPO will open for public subscription on Monday, October 6, and close on Wednesday, October 8. The anchor investor portion will ...Read More >

New Delhi, Sep 29 (PTI) Non-banking financial company Tata Capital has set the price band for its much-awaited Rs 15,512 crore Initial Public Offering (IPO) at Rs 310-326 per share, making it the largest issue of the year. At the top end of the band, the non-banking financial company commands a valuation of about Rs 1.38 lakh crore. The maiden public offering will open for subscription on October 6 and close on October 8, with the anchor book bidding scheduled for October 3, according to a pub ...Read More >

Guwahati, Sept 27: Assam has taken the lead in India's Swadeshi 4G revolution, with 2,053 towers already set up across the state as part of the country's first fully indigenous mobile network. The landmark project, inaugurated nationally by Prime Minister Narendra Modi in Jharsuguda, Odisha, on Saturday, marks India's entry into the league of nations with their own end-to-end telecom technology. A special event at Srimanta Sankaradeva Kalakshetra, Union Minister Jyotiraditya Scindia, Chief Min ...Read More >

New Delhi: Non-banking financial company Tata Capital is set to launch its initial public offering (IPO) on October 6, with people familiar with the matter pegging the issue size at an estimated USD 2 billion (Rs 17,200 crore)."The bid/offer opens on Monday, October 6, 2025, and closes on Wednesday, October 8, 2025. The anchor investor bidding date shall be Friday, October 3, 2025," according to a disclosure made to the stock exchanges. The company is eyeing a valuation of around USD 18 billion ...Read More >
NEW DELHI: EC on Thursday revised the rules relating to counting of postal ballots, making it mandatory for all postal ballot papers to be counted before the penultimate round of EVM/VVPATs counting is taken up.The new practice will be first implemented in Bihar where assembly polls are due in Nov.This restores the arrangement prior to May 2019, when EC had changed the guidelines to allow EVM counting to proceed regardless of postal ballot counting stage. The 2019 change did not rule out chances ...Read More >
MUMBAI: Firoz Mistry, the older son of the late Cyrus Mistry, has been appointed to the board of Afcons Infrastructure, marking his first directorship in an operating entity of the Shapoorji Pallonji (SP) Group. His appointment comes weeks after his cousin Pallon Mistry was inducted into the Afcons board. The move enhances his role within the construction-to-real estate group, where he has been involved in select projects and specific functions like strategy, human resources, and governance. It ...Read More >

Mumbai: The Economic Offences Wing of Mumbai police has recorded the statement of Shilpa Shetty's husband Raj Kundra in a Rs. 60 crore alleged fraud case. Mumbai Police shared an update in the case and stated: "Investigations are going on against actress Shilpa Shetty and her husband Raj Kundra in an alleged fraud case of Rs. 60 crore. A summon was issued by the Economic Offences Wing of Mumbai Police to Raj Kundra. He was asked to appear before police for the investigation." They further stat ...Read More >

Mandi (Himachal Pradesh) [India], September 16 (ANI): Heavy overnight rain lashed Mandi district in Himachal Pradesh, causing major destruction in Dharampur town. Mandi has been facing continuous rain since Monday night with the bus stand of Dharampur was flooded with water, police said Also Read | Dehradun Cloudburst: Massive Flooding in Karligaad Rivulet After Continuous Rainfall, 1 Missing (Watch Videos). Many buses and vehicles were swept away in the strong flow of water. "Dharampur town ...Read More >

Chennai (Tamil Nadu) [India], September 16 (ANI): AIADMK General Secretary Edappadi K Palaniswami praised the Bharatiya Janata Party (BJP) for extending consistent support to his party, especially after the demise of former Chief Minister J Jayalalithaa, while strongly criticising the DMK government for its alleged failures in maintaining law and order in Tamil Nadu. Speaking at a public meeting in Chennai to mark the birth anniversary of former Chief Minister CN Annadurai, Palaniswami said tha ...Read More >
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