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Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez will jointly inaugurate the Tata Advanced Systems Ltd (TASL)-Airbus factory in Vadodara on October 28th. This significant event marks a key milestone in India’s ‘Make in India’ initiative, boosting indigenous aircraft manufacturing capabilities and strengthening India’s defense sector. The inauguration follows a groundbreaking agreement between India and Airbus Defence and Space to produce C-295 transport aircraft, a move set to revolutionize the country’s aviation landscape.

C K Venkataraman, the Managing Director of Titan Company, received a total remuneration of Rs 12.50 crore for the financial year 2023-24, including a variable pay of 500 per cent of his annual salary. The IIM Ahmedabad alumnus has been with the Tata-backed company since 1990 and has over 30 years of experience in the industry. His leadership has seen the company’s consolidated revenue grow from Rs 21,052 crore in FY 2019-20 to Rs 51,084 crore in FY 2023-24.