Apple is reportedly in talks with Micron, Tata Group, and other Indian chip manufacturers to source semiconductors for its iPhones produced in India. This move aligns with Apple’s plan to increase its Indian iPhone production to 26% of its global output by 2026, creating significant business opportunities for Indian chipmakers.
Air India has significantly reduced its net losses in its first full year under the Tata Group, marking a major turnaround. Revenue growth and expansion in capacity contributed to the improved financial performance. The airline group, including Vistara and Air India Express, transported over 40 million passengers in FY24.
Vistara, the joint venture between Tata Group and Singapore Airlines, will cease operations on November 12, 2024, merging with Air India. This marks the end of a successful but unprofitable journey for Vistara, which brought innovation and luxury to Indian skies.
Jamshedji Tata, the visionary behind the Tata Group, launched the Tata Shipping Line to challenge the monopoly held by the English P.&O. Despite initial success, the fierce competition and unfair tactics forced Tata to ultimately close the venture, highlighting the importance of strategic decision-making in business.
JRD Tata, a pioneering figure in Indian aviation, left an indelible mark on the nation’s industrial landscape. From founding Tata Airlines, which later evolved into Air India, to leading the Tata Group for over five decades, his contributions extended far beyond aviation, transforming India’s corporate landscape and inspiring generations. This article explores JRD Tata’s life and legacy, highlighting his remarkable achievements and the impact he made on the world stage.
Maya Tata, step-niece of Ratan Tata, is emerging as a key figure within the Tata Group. With a strong lineage and impressive academic background, she has already made significant contributions to the conglomerate, particularly in the areas of private equity and digital initiatives. Her discreet yet impactful presence suggests a prominent role in the future of the Tata empire.
Tata Group’s attempt to acquire a majority stake in Vivo’s India operations was thwarted by Apple, reportedly due to concerns about potential competition. The deal, which would have made Tata a major player in the Indian smartphone market, was also aimed at ‘Indianising’ Vivo’s operations in response to government pressure.
Jamsetji Tata, the visionary founder of the Tata Group, has been recognized as the most charitable individual of the past century, donating an astounding Rs 8,29,734 crore, exceeding the contributions of prominent figures like Mukesh Ambani, Ratan Tata, Azim Premji, and Shiv Nadar. His legacy of generosity, focused on education and healthcare, continues to thrive under the guidance of Ratan Tata.
Pradeep Bakshi, Managing Director and CEO of Voltas Limited, earned a total compensation of Rs 7.21 crore in fiscal year 2024, according to the company’s annual report. This includes a base salary, perks and allowances, and commissions. Bakshi, who has over 30 years of experience in the consumer durables sector, has been instrumental in driving Voltas’ growth and profitability.
Shares of Tata Group’s Automotive Stampings and Assemblies Limited (ASAL) have soared over 5000% in the past four years, turning an initial investment of Rs 1 lakh into over Rs 50 lakh. This remarkable growth can be attributed to the company’s strong performance and its position within the trusted Tata Group.
