Tag: Tata

Retail Asia21/06/2023
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3min0
Tata Motors is placing a significant emphasis on the electric vehicle (EV) sector with a series of product launches in a bid to substantially increase its market share by 2030. According to the company’s recently published annual report for the fiscal year 2022-23 (April-March), Tata Motors anticipates that EVs will account for 25 percent of […]

Retail Asia09/05/2022
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9min0
To make its first electric vehicle for the consumer market, India’s Tata Motors Ltd repurposed an unused shop floor at its flagship plant. Here, there’s no fancy assembly line – Nexon SUV bodies designed for gasoline models are wired and fitted with battery packs by hand. The area, which could be mistaken for a prototype […]

Retail Asia18/01/2021
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4min0
Tata Group plans to invest in digital, high-end electronics and healthcare in a post-pandemic world, the $100 billion conglomerate’s chairman said on Thursday. Tata, whose operations span hotels, steel, airlines, electronic goods and technology services, will also place big bets on electric vehicles, renewable energy and battery storage, N Chandrasekaran, who is also known as […]

Retail Asia30/12/2020
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4min0
A number of bids have been put forward for India’s loss-making national carrier, including one on behalf of its employees. The Indian government had tried to offload its stake in Air India in 2018 but failed to attract a single bid. One group is representing employees and plans to offer them a controlling stake in […]

Retail Asia26/10/2020
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1min0
Deutsche Bank is reportedly in advanced talks to sell its technology services unit to India’s Tata Consultancy Services. Tata Consultancy Services – Asia’s biggest software exporter and the tech subsidiary of Indian conglomerate Tata group – could take over Deutsche Bank’s Postbank Systems, according to a «Bloomberg» report citing unnamed sources. There are expectations for a deal […]

Retail Asia18/08/2020
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2min0
Tata Starbucks has opened two stores in India operated entirely by women as part of the firm’s efforts to address systemic inequities in opportunities for female workers within the country. The two female-staff-only stores are located in Delhi and Mumbai, and constitute a step forward in Tata Starbucks’ commitment to expanding the representation of women […]

Retail Asia20/07/2020
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1min0
British grocery retailer Tesco and Indian conglomerate Tata have invested another US$8.9 million into their joint venture Trent Hypermarket. The move marks the first major capital investment in the business by the partners in two years, and comes on the heels of the appointment of new CEO Martin Bailie. While revenues expanded 22.5 percent to […]

Retail Asia11/02/2020
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3min0
Tata Sons may partner Singapore Airlines (SQ, Singapore Changi) in bidding for Air India, amid hopes it will merge its AirAsia India subsidiary with the flag carrier’s low-cost unit Air India Express, local media reported on February 4. The Indian conglomerate already operates Vistara as a 51/49 venture with Singapore Airlines. A combination of Air India and Vistara would give Tata Sons […]

Retail Asia18/12/2019
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2min0
Two giant Indian malls, in Nagpur and Amritsar, have been snapped up by Virtuous Retail South Asia for US$100 million. The 1 million sqft Amritsar centre and 700,000 sqft Nagpur property were bought from Tata Realty and Infrastructure’s Trilium shopping mall portfolio, according to a report on Livemint. Virtuous, which is building a portfolio of […]

Retail Asia27/09/2019
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2min0
Tata Motors group global wholesale has gone down by 32 percent at 72,464 units in August 2019 including the Jaguar Land Rover Business. In the same month, global wholesale of Tata Motors commercial vehicle (CV) division was down by 45 percent at 25,366 units while global wholesale of passenger vehicle (PV) division was down by […]


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