Tag: Tata

Tata regains Air India control in privatisation victory for Modi

NEW DELHI, Jan 27 – India’s Tata Group took control of state-run carrier Air India on Thursday, regaining ownership of the airline after nearly 70 years and marking a victory for Prime Minister Narendra Modi’s privatisation push. The auto-to-steel conglomerateĀ in October won the bidĀ to take over Air India […]

Challenges abound as Tata draws up a flight plan for Air India

Summary Tata will need to restore brand’s luxury reputation – experts Major financial investment will be required Tata would need over $1 bln to refurbish Air India’s fleet NEW DELHI, Oct 19 – Tata Sons’ $2.4 billion purchase of debt-ridden, government-owned Air India will give the conglomerate immediate […]

Tata Group pulls ad featuring Hindu-Muslim family after outcry

NEW DELHI/AHMEDABAD, India – A subsidiary of India’s tea-to-telecoms Tata Group has withdrawn a jewellery advertisement featuring a Hindu-Muslim family celebrating a baby shower, following threats to one of its stores and wide criticism on social media. Muslims make up about 15% of India’s 1.3 billion people, most […]

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