Air India reports $2.8 billion loss in FY26, biggest since Tata takeover
According to Singapore Airlines’ annual report, Air India’s losses stood at 3.56 billion Singapore dollars during the financial year.
The Tata Group is a global business conglomerate operating in over 100 countries across 5 continents with a strong presence in diverse industries such as agrochemicals, automotive, chemicals, construction, finance, consumer products, and hospitality. In 2019-20, the revenue of Tata companies, taken together, was $106 billion (INR 7.5 trillion). These companies collectively employ over 750,000 people. Cutting-edge innovation, a stringent focus on quality, sustainable operations, and business excellence are the hallmarks of the trust the Tata name is best recognized for.
Sir Dorabji Tata and his cousin RD Tata took Jamsetji Tata's dream of a fully Indian steel company to fruition. Tata Steel came into being in 1907 and holds the distinction of being Asia’s first integrated steel company.
Tata Steel group is among the top global steel companies with an annual crude steel capacity of 27 million tonnes per annum (MnTPA). It is one of the world's most geographically diversified steel producers, with operations and commercial presence across the world. A Great Place to Work-Certified™ organisation, Tata Steel, together with its subsidiaries, associates, and joint ventures, is spread across five continents with an employee base of over
65,000.
Focusing on Innovation, Technology, Sustainability & People, the Company strives to be the global steel industry benchmark for value creation and corporate citizenship and become the most admired brand in the metals and minerals space.
Tata Steel completed the acquisition of Bhushan Steel Limited (now renamed as Tata Steel BSL), the first to acquire a major stressed asset under the Insolvency and Bankruptcy Code process. The acquisition (with capacity - 5.6 MnTPA) has significantly expanded Tata Steel's footprint in India and will be value-accretive going forward.
According to Singapore Airlines’ annual report, Air India’s losses stood at 3.56 billion Singapore dollars during the financial year.
Titan and other jewellery stocks fell sharply after Prime Minister Narendra Modi urged people to avoid buying gold for weddings for a year. The remark added to concerns over gold demand, imports and pressure on the rupee amid elevated crude prices.
The simmering boardroom tussle since last October has brought one of India’s largest and oldest charitable trusts under unwanted public glare
As Air India navigates a leadership transition at a time of intense scrutiny and operational strain, Tata Group chairman N Chandrasekaran has struck a note of resilience.
In a statement, Shapoorji Pallonji Mistry said a timely listing is not merely about regulatory compliance, but a step that would reinforce the foundational principles of the Tata Group.
Air India faces fresh uncertainty as CEO Campbell Wilson steps down, with leadership gaps widening and past controversies still casting a shadow over the Tata Group’s ambitious turnaround plans.
A new policy at Air India could directly impact cabin crew rosters and salaries, linking fitness levels to employment status, as the airline moves to enforce stricter health standards from May 1.
The India AI Impact Summit saw some of the biggest names in the world of tech, including Google CEO Sundar Pichai and Anthropic CEO Dario Amodei, take the stage joining Prime Minister Modi, to talk about AI. Here’s who said what.
OpenAI has announced a major AI push into India, with plans to open new offices in Mumbai and Bengaluru, and collaboration with Tata Consultancy Services to expand AI infrastructure and build workforce capabilities.
A chance meeting on a 30-day voyage in 1893 led to an exchange of ideas that would shape India’s future. As Jamshedji Tata travelled with Swami Vivekananda, their discussions on education, science, and national progress had a lasting impact that laid the foundation of IISc Bengaluru, one of India premier science institutes.
Ratan Tata has redefined leadership through conviction rather than caution. His words reflected a mindset built on responsibility, learning and moral courage.
Tata Advanced Systems and 510 ABW of the Indian Army will jointly undertake a pilot overhaul of select Pinaka launch systems in the initial phase of the collaboration.
Trent share price: The stock opened lower at Rs 4,219.90 and slipped further to an intraday low of Rs 4,060.65, close to its 52-week low of Rs 3,931.45.
Group chairman N Chandrasekaran has spoken with chief executives of at least two large airlines based in the UK and the US.
On the late Ratan Tata’s birth anniversary, remembering India Inc’s gentle giant who redefined entrepreneurial ambition and raised the benchmark for corporate philanthropy
The fresh funding underlines Tata Group’s continued support for expanding capacity at Tata Electronics, which has emerged as one of Apple’s largest iPhone manufacturing partners in India.
Apple is reportedly holding early discussions with Indian semiconductor companies to assemble and package iPhone chips in India. This could be a major boost to the country’s semiconductor industry, while solidifying the Cupertino giant’s manufacturing ecosystem.
While lakhs of Indians suffered due to the IndiGo fiasco, not many thought of Air India as the Maharaja in a shining armour that could come to their rescue. Air India, which sucked in much-loved Vistara, is trying to find its feet with a refurbished fleet. But decades of bad memories aren't overwritten overnight. Air India can use this moment to step up and reclaim lost ground.
Simone Tata, a figure behind some of India’s most recognizable retail and cosmetics brands, passed away at 95, leaving a legacy marked by innovation and leadership.
Vishwas Kumar Ramesh, the only survivor of the June 12 Air India crash that killed 261 people, has appealed for a welfare package to help him recover from severe physical and psychological trauma.
The BJP launched a scathing attack on Congress on Friday after its youth wing at the ongoing India AI Impact Summit in Delhi and raised slogans against Prime Minister Narendra Modi. They were whisked away by security personnel and later arrested.
In an exclusive interview with India Today at Davos, Chief Minister Devendra Fadnavis discusses his ambitious economic roadmap for Maharashtra and also talked about the power tussle over Mumbai mayor's post between the BJP and Eknath Shinde-led Shiv Sena.
On this Special Report, Assam Chief Minister Himanta Biswa Sarma discusses the state's economic transformation at the World Economic Forum in Davos. Highlighting the shift from a history of insurgency to a future of high-tech industry, Sarma stated, 'The semiconductor story of India is getting, gaining ground from Assam.' He detailed how the state is moving beyond its traditional tea and oil economy to embrace green energy, AI, and rare earth materials. Sarma explained the 'grand design' behind the Tata Group’s semiconductor investment in Assam, attributing the strategic push to Prime Minister Narendra Modi. Addressing critics of his Davos visit, the Chief Minister emphasized the importance of understanding global geopolitical and economic trends firsthand. He also touched upon the ease of doing business in Assam, noting that the state provides 'royal treatment' to investors with rapid clearances. The discussion underscores Assam's emerging role as a crucial economic gateway to Southeast Asia and its progress in grounding major investment projects.
This news bulletin highlights the upcoming meeting between several top Indian CEOs and US President Donald Trump at the World Economic Forum in Davos. A select group of business leaders from companies such as Tata Sons, Bharti Enterprises, Wipro, Infosys, Mahindra Group, and FinServ will participate. The session will focus on ongoing trade negotiations and tariff issues, as Indian leaders aim to emphasise the adversarial effects of tariffs on US-India relations and seek a collaborative solution. The event also sets the stage for President Trump’s keynote address, where his rationale on recent tariff policy will be closely watched. All information is based strictly on the transcript and verified as current.
A major controversy has erupted over a Washington Post report alleging Indian officials directed the Life Insurance Corporation (LIC) to invest $3.9 billion in the Adani Group, drawing a sharp response from the BJP. BJP leader K. Annamalai stated that 'after failing to weaken the Indian stock market with targeted propaganda against the Adani Group, the so-called ‘Deep State’, has now shifted its focus to India's largest domestic institution'. LIC has vehemently denied the report, calling the claims "false, baseless, and far from truth" and affirming that its investment decisions are independent and follow due diligence. The BJP has defended the 'blue chip' insurer, providing figures that LIC's exposure to the Adani group is a small fraction of its total portfolio, which includes much larger holdings in groups like Tata and Reliance.
This special report examines a major feud inside Tata Trusts, involving Chairman Noel Tata and four opposing trustees, including Mehli Mistry, over the governance of Tata Sons. The bulletin states, 'What started as a disagreement over the reappointment of a board member has now turned into a governance tussle.' This internal power struggle was sparked by a new rule affecting the tenure of nominee directors over 75, specifically impacting long-standing member Vijay Singh. The conflict is complicated by Mehli Mistry's links to the Shapoorji Pallonji group, echoing the historic 2016 ouster of Cyrus Mistry. With pleas for government intervention, the stability of India's largest conglomerate, which holds a 66% stake in Tata Sons, hangs in the balance, threatening its diverse interests from tech to automobiles.
The Centre has blamed the Tamil Nadu government for cough syrup deaths. Sources have said that the Centre has blamed the Tamil Nadu FDA.
The government has urged the Tata Group to restore stability in Tata Trusts following internal disputes that risk affecting Tata Sons, India’s largest conglomerate, according to The Economic Times. The conflict involves four trustees within Tata Trusts, who are said to have acted as a “super board,” challenging Chairman Noel Tata’s authority.
The big focus of this episode of Democratic Newsroom is the tragic Air India crash that claimed 275 lives in Ahmedabad last week.
Air India announces a 15% reduction in international flights operated with wide-body planes until mid-July. The decision comes after enhanced safety inspections ordered by DGCA and Iranian airspace closures. New aviation ministry rules target illegal buildings and trees near airports, with potential demolition for structures violating norms. Building owners have been given 60 days to submit details.
Days after the Air India plane's tragic crash in Ahmedabad, experts debated the safety concerns, the significance of technical issues, including engine overhauls and spare part shortages.
Former Gujarat Chief Minister Vijay Rupani has died in an Air India crash in Ahmedabad.
This is the heartwarming story of Ratan Tata’s deep bond with his pet dog, Goa, whom he adopted during a trip to Goa. Watch the video and know more.
As the man who led the Tata Group from 1991 to 2012, Ratan Tata's legacy is not just one of towering business achievements but one deeply rooted in the ethos of putting "India and Indians first."
With the passing of 86-year-old Ratan Tata, the top post of Chairman at Tata Trusts, which holds a 66% stake in Tata Sons, is now vacant. So, who will take over the $165-billion Tata Group?
In this special show, watch as Infosys co-founder NR Narayana Murthy, Dr Niranjan Hiranandani, Founder and Chairman of Hiranandani Group, Gurcharan Das, Author, Former CEO, Procter & Gamble India, and others remember the life and legacy of Ratan Tata, the iconic industrialist and philanthropist, who was creamed with full state honours today in Mumbai.
As the nation bids farewell to legendary industrialist Ratan Tata, watch as India Inc.'s who's who and top political leaders remember the life and times of the towering icon of industry who died on Wednesday night in Mumbai.
Ratan Tata, a towering icon of industry and philanthropy who died on Wednesday, leaves behind a significant legacy and an empty chair.
Ratan Tata, a towering icon of industry and philanthropy who died on Wednesday, was cremated with full state honours in Mumbai today.
In an exclusive interview with India Today TV, Kumar Mangalam Birla, chairperson of the Aditya Birla Group, reflected on the life and legacy of Ratan Tata.