In a bold move to revive Air India’s global reputation, Tata Group has embarked on a $400 million project to modernise the aircraft interiors across 67 planes in Air India’s legacy fleet. Tata Technologies, known for its engineering prowess, is taking the lead in executing this ambitious makeover. This major revamp of Air India’s Airbus […]
An Air India flight (AI127) scheduled to travel from New Delhi to Chicago on 15th October 2024 was suddenly diverted to Canada following a bomb threat. The aircraft, carrying 211 passengers and crew members, was forced to land at Iqaluit Airport in Canada as authorities reacted to a security alert issued via social media. The […]
Tata Motors, a titan in the global automotive industry, has embarked on an ambitious new project by breaking ground on a state-of-the-art vehicle manufacturing plant in Tamil Nadu’s Ranipet district. This groundbreaking ceremony, held on September 28, 2024, signals a significant milestone in India’s “Make in India, For the World” initiative, aligning with the nation’s […]
Tata Group, one of India’s largest and most influential conglomerates, is set to revolutionize the country’s semiconductor industry with its ambitious plans to establish cutting-edge manufacturing units across multiple states. This development comes at a time when the global demand for semiconductors is surging due to their use in everything from smartphones to electric vehicles […]
Tejas Networks Limited has made a groundbreaking leap forward in wireless technology with the inauguration of its state-of-the-art Wireless Center of Excellence, aimed at revolutionizing the future of telecommunications. The launch was officiated by Union Minister for Communications and Development of North Eastern Region, Shri Jyotiraditya M. Scindia, marking a significant moment for India’s ambitions […]
Softbank-backed Indian food delivery giant Swiggy is reportedly poised to make waves in the stock market as it plans to file for an initial public offering (IPO) this week, aiming to raise more than $1 billion, as reported by Bloomberg. The Bengaluru-based company is set to join a surge of companies tapping into India’s booming […]
SpiceJet’s recent Rs 3,000-crore fundraise has been approved by its shareholders, signaling a bold attempt to revive the airline amid a severe financial crisis. With the aim of stabilising its faltering operations, the airline plans to raise capital through various methods, including a Qualified Institutional Placement. This comes as SpiceJet battles legal disputes, grounded aircraft, […]
Air India will begin operating Vistara flights starting November 12, 2024, following a crucial approval that allows for the full merger of the two airlines. This integration marks the end of Vistara’s nearly decade-long journey, as Tata Group and Singapore Airlines consolidate their aviation holdings under the Air India brand. The merger, viewed as a […]
In a landmark achievement for the Indian consumer electronics market, Voltas Limited, the leading air conditioning brand under the prestigious Tata Group umbrella, has announced record-breaking sales for the fiscal year 2023-24. With over two million air conditioning units sold, Voltas has set a new industry standard, experiencing a remarkable 35% growth in volume. This […]
In a significant development for the Indian telecommunications sector, Tejas Networks [BSE: 540595, NSE: TEJASNET] has announced receiving a substantial incentive of Rs 27.78 crore for the fiscal year 2022-’23 under the Production-Linked Incentive (PLI) Scheme for Telecom and Networking Products. This incentive represents 85% of the total claim for FY23, with the remaining 15% […]