Bengaluru: In a major boost to India’s aerospace ambitions, Airbus and Tata Advanced Systems Ltd (TASL) are teaming up to establish the country’s first privately-owned helicopter assembly plant in Kolar, Karnataka. The facility will produce Airbus’s top-selling H125 helicopters, marking a significant milestone in India’s “Make in India” initiative. This Final Assembly Line (FAL) will Read More…
Tag: tata
Tatas and SP set to reconcile to regains their lost glory of friendship
By our Commercial Correspondent Mumbai: The Tatas and the Shapoorji Pallonji (SP) group have set the ground for reconciliation with a view to regaining their lost glory of friendship. For about eight years now , Tatas and SP group were at loggerheads following the unceremonious sacking of Cyrus Mistry from the covetous post of the Read More…
Chandrasekharan’s remuneration for one year Rs 135.3 crore
By our commercial Correspondent Mumbai: Chairman of the Tata Group companies, N Chandrasekharan received Rs 135.03 crore as his remuneration for the financial year 2023-24, Tata Sons sources said here. Out of this, Rs. 121 .5 crore was as his commission for the holding company of the group, Tata Sons Limited’s profit went considerably up Read More…