TATA Group

Former Tata Sons vice chairman argues an IPO can undermine the company’s special role in the group, and may not unlock much value

Tata Consultancy Services CEO K Krithivasan's earnings for FY26 reached over Rs 28 crore. This figure represents 332.8 times the median employee remuneration at the IT services giant. Krithivasan's compensation includes salary, benefits, and commission, showing a 6.3 per cent increase from the previous year. His extensive career at TCS spans over three decades

PRO FX Tech reported a 37% revenue surge to Rs 177 crore and a 24% net profit increase to Rs 15 crore in FY26. This growth was fueled by strong demand for premium audio products and enhanced execution across retail and business segments, despite macroeconomic headwinds. The company anticipates exceeding Rs 200 crore in revenue this fiscal year.

RIL, TATA Group exploring greater flexibility; move may affect IT companies return to office plans

The TATA Group-owned carrier on Wednesday announced a series of cuts and suspensions across international routes between June and Aug 2026 owing to continued airspace restrictions in certain regions and record-high jet fuel prices impacting long-haul and international operations.

Tata Advanced Systems Limited is reportedly showcasing the Land Rover Defender as a potential Special Utility Military Vehicle for the Indian Army. The rugged SUV's modular construction, off-road capabilities, and flexible seating make it suitable for various military roles, from troop transport to reconnaissance. This move aligns with the Indian Army's modernization efforts.

Air India assures employees no layoffs are anticipated despite financial strain from the Middle East conflict. However, annual salary increments will be deferred by at least a quarter. CEO Campbell Wilson urges a "laser sharp focus" on cost reduction, eliminating waste, and suspending discretionary spending to navigate these challenging times. Variable pay and planned promotions will continue.

PM Modi has called on citizens to adopt measures aimed at conserving foreign exchange, as the surge in oil prices triggered by the Iran conflict has intensified pressure on the rupee and strained India’s foreign exchange reserves.

Indian aviation faces unprecedented turbulence due to a perfect storm of factors. From pandemic fallout and engine failures to airspace closures and a Middle East war driving fuel prices sky-high, airlines are struggling. Passengers face rising fares and cancelled routes as the sector grapples with deep financial distress and operational chaos.

The race for Air India's CEO position has narrowed to four candidates, including two Indian executives, Nipun Aggarwal and Vinod Kannan, and two expatriates. The airline's board is set to meet soon to make a decision amidst significant financial losses and operational challenges. The delay in appointing a successor to Campbell Wilson is reportedly adding to the airline's ongoing struggles.

Bombay High Court has quashed a Rs 1,524 crore IGST notice issued to Tata Sons. The court ruled that Docomo's withdrawal of UK court proceedings after a 2017 settlement did not constitute a 'supply of services' attracting GST. The demand was for damages paid to Docomo following disputes over a 2009 agreement.

Industrialist Ratan Tata's quote emphasizes that internal mindset, not external factors, determines personal destruction. He highlights self-awareness and a positive attitude as crucial for overcoming life's inevitable challenges. This perspective teaches that self-belief and proactive self-improvement are key to resilience and success.

Air India is investing $400 million to revamp its older wide-body planes with upgraded cabins, including suite-style business class seats, aiming to attract high-value passengers and boost revenue. The airline is also inducting new aircraft and expanding premium airport lounges, with refurbished Boeing 787s already enhancing customer satisfaction on key international routes.

With the recent inauguration of Noida International Airport, a shake-up in leadership appears imminent. The Union Home Ministry has turned down a bid to permit foreign CEOs in greenfield airports, indicating that the Swiss CEO might need to step aside for an Indian national.