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The appointment of Wilson, who has been in the airline industry for 26 years, is subject to getting the required regulatory approvals
Business

Tata Group appoints Campbell Wilson as CEO & MD of Air...

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Campbell Wilson, Air India's 'new boss' Tata Sons on Thursday appointed Campbell Wilson as the Chief Executive Officer (CEO) and Managing Director of Air India....
Tata Group is making massive changes to be ready for the future
Business

Tata Group will start a battery company, blueprint is being prepared...

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Tata Group's future-ready roadmap includes setting up a battery company Tata Sons Chairman N Chandrasekaran said on Wednesday that the Tata Group is preparing the...
Spokesperson for India's Tata, which recently took over debt-laden Air India in a $2.4 billion equity and debt deal, confirmed the development
Business

Former Turkish Airlines head Ilker Ayci declines Tata Sons’ offer to...

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Ilker Ayci turns down CEO offer 2 weeks after appointment by Tata Sons Turkey's Ilker Ayci has turned down the offer to be the Chief...
Devas demands $1.2 bn from Indian govt after winning three international arbitration awards over a scrapped telecommunications deal with a state-run firm
Business

Air India moves US court to block Devas demand for recovery...

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Air India moves to end $1.2 billion US case by Devas Air India Ltd is seeking to end a case filed by Devas Multimedia Pvt...
Tata Sky, which claims over 19 mn active subscribers, feels its business interests have grown beyond just DTH service and now include fiber-to-home broadband and Binge, which offers 14 OTT services
Business

Tata Sky changes its name to Tata Play; enters into OTT...

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Tata Sky rebrands itself as Tata Play, firm drops name after an 18-year-run Tata Sky - DTH provider has rebranded itself as Tata Play. Tata...
The loss reported is part of the unaudited standalone financial results for the half-year ended Sep 30, 2021. Besides, the company reported a YoY rise in its revenue of 21% to Rs.5,524 cr
Commerce

Disinvestment-bound Air India’s loss soars to a 43% YoY basis

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Air India reports an Rs.5,422.6 crore loss for H1FY22 Just ahead of Tata Group taking over Air India, a net loss of Rs.5,422.6 crore in...
The Income Tax Appellate Tribunal goofs up and withdraws its orders against Cyrus Mistry in the Tata Trustees’ tax frauds
Business

Cyrus Mistry blasts Income Tax Tribunal and Ratan Tata controlled Tata...

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ITAT volte-face Industrialist Cyrus Mistry came down heavily on the dubious order of Mumbai Bench of Income Tax Tribunal which later rectified its orders against...
Swamy writes to Hardeep Singh Puri that a company under CBI/ ED scanner for illegalities in its airline operations should not be allowed to buy Air India
Business

CBI & ED cases facing Tata – Air Asia and Tata...

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Swamy demanded Civil Aviation Minister to disqualify Tata Sons and partner Malaysian firm Air Asia from Air India bidding BJP leader Subramanian Swamy on Wednesday...
Reports of imminent action by SEBI have been coming for the past 6 months but nothing so far
Business

SEBI: Between a rock and a hard place

Sree Iyer - 4
It appears as though SEBI is trying to adopt the an-ostrich-which-buries-its-head-in-the-sand-and-hopes-that-the-crisis-will-blow-over attitude. The Securities and Exchange Board of India (SEBI) is in the horns...
Did the AirAsia board resolution to move against ex-CEO provoke the firing of Mistry?
Business

Mistry move to register FIR on dubious money deals in AirAsia...

Team PGurus - 0
Swamy urges CBI to register case AirAsia (India) Limited’s Board Meeting on October 27 passed a resolution for registering FIR against its ex-CEO for routing...
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