Hon Hai Precision Industry Co., the main manufacturer of Apple Inc.‘s iPhones, will inject $1.5 billion into its India unit as production shifts away from China.The Taiwan-based company said in an exchange filing on Monday that it had made the investment through its Singaporean subsidiary. Hon Hai, which is building new plants and adding production…
Air India. (Representative image) NEW DELHI: Due to Pakistan’s closure of its airspace to Indian carriers, Air India anticipates additional expenses of approximately $600 million if Pakistan’s airspace restriction continues for a year, and has requested compensation from the central government, according to a company letter obtained by Reuters.Indian airlines are preparing for increased fuel…
The US Equal Employment Opportunity Commission (EEOC) is investigating claims from former American employees of Tata Consultancy Services (TCS), India’s largest IT firm. The workers allege they were unfairly laid off due to their age, race, and national origin. According to Bloomberg, several workers involved in the investigation are over 40 and not of South…
Tesla is likely to source essential vehicle control components from Tata Electronics. (AI image) Several Tata Group companies have silently established themselves as global suppliers to Elon Musk-led Tesla, which represents approximately half of the global automotive industry’s market value. These companies – Tata AutoComp, Tata Consultancy Services, Tata Technologies, and Tata Electronics – are…
Union minister Shivraj Singh Chouhan (Pic credit: PTI) NEW DELHI: Union agriculture minister and ex-MP CM Shivraj Singh Chouhan found himself facing an uncomfortable journey Saturday when he was allotted a broken seat on an Air India flight from Bhopal to Delhi. His experience reignited concerns about Air India’s service standards, while the airline attempts…
Tata Consultancy Services: नोएल टाटा के नेतृत्व वाली टाटा ग्रुप की कंपनी टाटा कंसल्टेंसी सर्विसेज (टीसीएस) ने एक बड़ा फैसला लिया है. मीडिया रिपोर्ट्स के मुताबिक, टीसीएस ने अपने वर्कर्स के लिए अटेनडेंस को सख्त बनाते हुए वर्क फ्रॉम होम पॉलिसी में बदलाव किए हैं. रिपोर्ट के मुताबिक, इस बदलाव के तहत पर्सनल इमरजेंसी डे,…
MUMBAI: Tata Group, India’s largest conglomerate, is set to expand its presence in healthcare through a Rs 500-crore contribution to Breach Candy Hospital, a move that will bring the elite 275-bed multi-speciality SoBo hospital within its ambit of influence.The funding will position the $165-bn Tata Group as the hospital’s largest financial backer, enabling it to…
MUMBAI: The boards of Ratan Tata Endowment Foundation (RTEF) and Ratan Tata Endowment Trust (RTET), which were bequeathed the late industrialist’s shares in Tata companies, are set for restructuring. The three siblings of Ratan Tata – his half-sisters Shireen and Deanne Jejeebhoy and his half-brother Noel Tata – are preparing to join as trustees, indicating…
NEW DELHI: Air India has covered a lot of ground since privatisation and its global coverage will further increase in the years ahead, the airline’s chief Campbell Wilson said on Wednesday. He also said the interior refit of the single-aisle fleet, serving domestic and short-haul international destinations, is underway, and will be completed by mid-2025….
NEW DELHI: Tata Group is planning to create over five lakh new manufacturing jobs over the next five years from its projects, stated Tata Sons Chairman N Chandrasekaran in his New Year message to the Group’s employees.“Our Group plans to create 500,000 manufacturing jobs over the next half decade.” Chandrasekaran said these jobs will come…