Nelco, an Indian satellite communications service provider owned by the Tata Group, has made an investment in Piscis Networks, a Mumbai-based original equipment manufacturer (OEM) specializing in Software Defined Wide Area Network (SD-WAN) solutions. This strategic move is poised to enhance Nelco’s service offerings and solidify its position as an integrated network solution provider. The […]
Voltas Limited conducted the groundbreaking ceremony for its new air conditioner factory in Madharapakkam, Thiruvallur district, Tamil Nadu, which will entail an investment of over INR 500 crores through the next two years. The Indian air conditioning and engineering solutions provider, ceremony, which is owned by Tata Group said that the Madharapakkam air conditioner plant […]
Tata Power said that its subsidiary Tata Power Renewable Energy Limited (TPREL) will build a 200MW solar power project in Solapur, Maharashtra. In this regard, TPREL has been issued a letter of award (LoA) for the photovoltaic (PV) project from Maharashtra State Electricity Distribution Company Limited (MSEDCL). The solar power project in Solapur is expected […]
Voltas Ltd. Said that its fully-owned subsidiary Universal MEP Projects & Engineering Services (UMPESL) has won multiple SITC project orders in the electrical power distribution business, worth around INR 1,770 crores for FY 22-23. The orders include a solar power project, said Voltas, which is part of the Tata Group. According to Voltas, the orders […]
Tata Steel Europe Limited has made an investment of £3 million in its steelworks operations in North Wales in an effort to boost quality and environmental credentials. The investment will be made in the company’s Shotton Works plant in Deeside for upgrading its two Colorcoat paint lines. The upgrade will help bring down the use […]
Tata Sons-owned Air India will acquire both widebody and single-aisle aircraft to strengthen its domestic and international operations, following agreements worth $80 billion with French aerospace firm Airbus and American aircraft manufacturer Boeing. The acquisition of 250 Airbus aircraft and 220 Boeing Jets is anticipated to help the Indian airline advance its fleet strategy to […]
Tata Power said that in an effort to strengthen the power infrastructure in its operational area in South Mumbai, the company will install a 400KVA submersible power substation. The proposed underground power substation, which will occupy virtually zero space, will be the first-of-its-kind to be set up by any power distribution utility in India, claimed […]
Tata Elxsi has reported a profit after tax (PAT) for the quarter ended 31 December 2022 (Q3FY23) at INR 194.7 crores, which is an increase of 29% year-over-year (YoY). The earnings per share (EPS) of the Indian design and technology services provider for Q3FY23 was INR 31.26, which is a YoY growth of 29%. Tata […]
Tata group will invest over $400 million in Air India for refurbishing the entire legacy wide-body fleet of the airline, covering 27 Boeing B787-8 and 13 B777 aircraft. According to the Indian conglomerate, the refurbishment will involve a total overhaul of existing cabin interiors. This includes introducing the latest generation seats and best in-class inflight […]
Tata Power has pledged to set up 1,000 electric vehicle (EV) charging points and 1,00,000 solar pumps in Odisha in an effort to transform the Indian state into a clean energy hub via its solutions and offerings in clean and green energy. For encouraging clean mobility, Tata Power intends to install the EV charging points […]