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The Latest Breaking News from Tata Group

Here are the big stories from Karnataka today

Karnataka Today newsletter: SC stays criminal proceedings against CM Siddaramaiah, and more

The Hindu

Tata Group to invest ₹2,300 crore in Karnataka to set up an MRO, aviation R&D facilities

An MoU was signed on February 19 by S. Selvakumar, Principal Secretary, Industries Department, and Nipun Agrawal, Chief Commercial Officer of Air India, and Sukaran Singh, CEO of TASL, in the presence of Chief Minister Siddaramaiah and Large and Medium Industries Minister M.B. Patil at Vidhana Soudha in Bengaluru. As…

The Hindu

Tata to build semiconductor factory in Gujarat: Chairman Chandrasekaran

Tata Group will build a semi-conductor factory at Dholera in Gujarat, Tata Sons Chairman N Chandrasekaran said on January 10.

The Hindu

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Air India borrows $120 million from Japan's SMBC to buy Airbus plane

SMBC provides USD 120 million loan to Air India for purchase of A350-900 aircraft from Airbus.

The Hindu

Apple's Production In India To Get A Boost With Tata Group's New iPhone Assembly Plant

Tata Group is looking to construct the factory in the southern state of Tamil Nadu. The Indian conglomerate presently oversees an iPhone manufacturing unit that it took over from Taiwanese supplier Wistron in the southern Indian state of Karnataka.

International Business Times

U.S. agency approves USD 425 million financing for Tata Power’s solar cell, module manufacturing plant in T.N.

DFC approves USD 425M financing for Tata Group's 4.3GW solar cell/module plant in Tirunelveli. Plant to create 2,000 jobs, majority of which will be women from local areas. Facility to integrate advanced tech, implement industry 4.0 standards. Financing to support India's renewable energy manufacturing, 500GW clean energy target by 2030.…

The Hindu

Tata Steel reportedly close to securing £500m funding from UK government

Package would required firm to commit to building electric arc furnaces to reduce carbon emissions

The Guardian - UK

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JLR Parent Company To Build 40-GWh Battery Cell Gigafactory In UK

Tata Group will invest over $5.16 billion (4 billion pounds) to build a 40-gigawatt-hour (GWh) battery cell plant in the United Kingdom to supply JLR plants.

InsideEVs

Tata Group to set up EV battery factory in UK

In a major development, Tata Group has announced that it will establish a battery cell gigafactory in the UK. Read further on Dynamite News:

Dynamite News

Rishi Sunak hails Jaguar Land Rover pledge for £4bn UK gigafactory

Tata project likely to be in Somerset and will be one of Europe’s biggest battery cell manufacturing sites

The Guardian - UK

Jaguar Land Rover owner expected to announce Somerset battery gigafactory

Announcement on Tata Group plant, which could create thousands of jobs and receive significant state funding, may come on Wednesday

The Guardian - UK

UK Set to win battle for Tata’s battery plant to supply Jaguars

The UK is set to secure a commitment from Tata Group to build a battery plant to supply a new range of electric Jaguar and Land Rover models.

Evening Standard

Tata Group On Track To Buy An IPhone supplier Factory In India From Wistron Corporation‌

Deal would mark the first time an Indian firm produces iPhones, boosting local manufacturing and reducing dependence on China.

Zenger

Owner of Jaguar Land Rover to base huge car battery plant in Somerset - report

According to the BBC the chairman of Tata Group will meet Prime Minister Rishi Sunak next week to finalise the deal

Birmingham Post

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Birmingham Post

'Level playing field' with European competitors needed to decarbonise says Tata Steel

Tata said it wanted the same level of government support to decarbonise already being delivered to steelmakers in Europe

The Independent UK

Air India: Can my 20th-century airline of choice lure me back?

Plane Talk: India’s national carrier is under new management, with big ideas

The Times of India

900 pilots, 4,200 cabin crew: Air India to go on hiring spree after record aircraft deal

NEW DELHI: After a mega deal with Airbus and Boeing, Air India now plans to hire over 4,200 cabin crew and 900 pilots this year as the airline looks to revamp its fleet.

The Times of India

After IPL, Tata Group bags title rights of WPL too

MUMBAI: The Tata Group, which is the title sponsor of the IPL, will also be the title sponsor of the inaugural edition of the Women's Premier League.

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The Times of India

470 planes, $80 billion, largest-ever deal: Air India to revamp fleet with huge Boeing, Airbus orders

NEW DELHI: Air India has finally unveiled its comprehensive transformation plan to once again establish itself as a world-class global airline with mega 470 aircraft deal.

Bangkok Post

Air India nears largest plane deal in history

Air India has signed agreements with Airbus and Boeing for what could become the largest purchase of jetliners in commercial aviation history, as the carrier seeks to reinvent itself with a fuel-efficient fleet that can take on local low-cost rivals and powerful Gulf airlines like Emirates.

Tribune News Service

Boeing to slash about 2,000 white-collar jobs in finance and HR

At the end of last month, on the same day that Boeing touted plans to hire 10,000 people this year, senior leadership convened virtual meetings internally to break bad news to nonunion staff in human resources and finance.

The Times of India

Tata Group to make significant investments in electric mobility: N Chandrasekaran

GREATER NOIDA: Transition to electric mobility in India will happen much faster and the Tata Group will make significant investments in the sector to develop a range of products, Group chairman N Chandrasekaran said on Wednesday.

The Times of India

Tata reviews super app strategy as sales may miss target by 50%

MUMBAI: MUMBAI: Tata Group’s ambitious super app is expected to meet just half of the sales target in its debut year, forcing the sprawling Indian corporate to review its digital strategy, people familiar with the matter said.

Fortune

Air India owner expresses ‘anguish’ over urination scandal involving Wells Fargo executive

N Chandrasekaran, chairman of Air India parent company Tata Group, has expressed his "personal anguish" over the scandal.

Fortune

Airline slammed after unruly male passenger flying business class urinated on woman traveling from New York

Air India—which is owned by Tata Group—said that it had banned the male passenger from its flights for a month.

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