Tata Group’s retail arm, Trent Ltd, on Tuesday reported a sharp 56.24% drop in its consolidated net profit for the quarter ended March 31, 2025, despite a healthy jump in revenue. The company posted a net profit of Rs 311.60 crore in Q4 FY25, down from Rs 712.09 crore in the same quarter last year,…
Trouble for Air India Ltd. is mounting with aircraft technicians planning a strike later this month after its pilots voiced concerns last week about being overworked and underpaid.Technicians at AI Engineering Services Ltd. — a state-run maintenance, repair and overhaul firm and an erstwhile Air India unit — will strike on April 23 due to…
NEW DELHI: Over 98% of Vistara‘s 1,000-odd pilots have signed a new pay agreement, CEO Vinod Kannan said Saturday even as discontent simmered over reduced remuneration and disruptions plagued the Tatas-owned airline ahead of its merger with Air India (AI) by the year-end.“We are aware that some pilots have some concerns and queries regarding the…
NEW DELHI: Despite simmering discontent among Vistara pilots over reduced pay as their airline readies for a merger into Air India by the year end, over 98% of the 1,000-odd pilots have signed the new agreement for the same. The Tata Group is in the process of merging its low-cost carriers — AIX Connect (erstwhile…
NEW DELHI: Air India‘s ambitious revival programme has entered its “climb” phase, just over two years after being taken over by the founder Tata Group. Getting NCLT nod for merging Vistara into AI and starting to use the newly-inducted Airbus A350s for long and ultra long haul international routes are the next milestones for the…
Vistara flight cancellation crisis: Amid ongoing protests by Vistara pilots over pay revision, sources revealed that at least 15 senior first officers recently resigned from the airline. Vistara operates around 300 flights daily and has a fleet of 70 aircraft including A320-family planes and Boeing 787s.In recent weeks, the Tata Group-owned airline has faced discontent…
NEW DELHI: A new regional airline will take to the skies this week that will, among other routes, link Lakshadweep to more cities. The Directorate General of Civil Aviation (DGCA) on Wednesday issued the air operator permit (AOP or licence) to aviation veteran- Manoj Chacko backed “Fly 91”. Manoj Chacko (First from left) The airline…
MUMBAI: India’s top conglomerate Tata Group is splitting its automobile business into two listed entities by separating its commercial vehicle (CV) unit from its passenger vehicle (PV) arm, which will include the money-making Jaguar Land Rover (JLR). Once this is done, the group will have four entities from the automotive space listed on the bourses….
Assam will soon have a ₹25,000 crore semiconductor packaging plant which will be established in partnership with the Assam government and Tata Group, minister of state for electronics and IT Rajeev Chandrasekhar said at the Future Skills Summit in Guwahati, on Thursday. “A semiconductor packaging plant will be established in partnership with the Assam government…
NEW DELHI: The Tata Group and European aerospace major Airbus will together make helicopters for civil use in India, marking one of the biggest successes of PM Modi’s ambitious make in India programme. Airbus and Tata Advanced Systems Limited (TASL), a subsidiary of Tata Group, will jointly establish a final assembly line (FAL) in the…
