India Inc. In Diversification Rush
Cash-rich groups foray into new-age businesses, consolidate existing ones to add to market value.
tata group
September 2024
July 2024
June 2024
May 2024
Tata Consumer Products shares drop 2% post Q1; here’s why
The FMCG major reported a 8.5% YoY decline in consolidated net profit at ₹290 cr in Q1 FY25, as strong summer in India reduced consumption of beverages.
Titan shares extend fall for 5th session; down 4% post Q1 update
The Tata group company reported disappointing growth in the jewellery business in Q1 FY25, due to higher gold prices and lower wedding days.
Air India launches A350-900 on Delhi-London route starting September 1
This move marks the debut of the A350-900 on international long-haul routes.
Air India introduces premium economy cabin
Air India has refitted two new A320neo aircraft – VT-RTW and VT-RTZ – in a three-class configuration featuring 8 seats in Business, 24 extra legroom seats in Premium Economy and 132 seats in Economy.
Air India turnaround: Why patience is running out
With no discernible results in the service on offer or the bottomline, the large amounts spent by Tata Sons on Air India’s turnaround get harder to justify
Tata Motor shares skid 9% despite robust Q4; here's why
Tata Motors shares see sharp selling as brokerages cut target prices post Q4.
Tata Power shares fall 4% despite robust Q4; here’s why
Post Q4, JM Financial has maintained a ‘Buy’ call on Tata Power shares with an upgraded target price of ₹490 per share from ₹440 earlier.
Tata Power posts highest ever profit, revenue in FY24; declares dividend of ₹2
The Tata Group company reported profit growth for the 18th consecutive quarter to ₹1,046 crore for Q4 FY24, up 11% YoY.
The Brief: Recalibration Of Tata
Tata Group attempts mergers and demergers in companies to bring sharper focus on businesses.
