|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||81.10 - 82.60|
|52-week range||67.10 - 91.25|
|PE ratio (TTM)||29.95|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||N/A|
Mumbai, Aug 23 (IANS) Tata Sons, the holding company of industrial conglomerate Tata Group, on Wednesday announced the appointment of Banmali Agrawala as President of its infrastructure, defence and aerospace businesses. According to Tata Sons, Agrawala will take up his new role effective October 1, 2017 and report to Executive Chairman N. Chandrasekaran. "The Tata group has a significant footprint in the infrastructure, defence and aerospace sectors.
Tata Power Co Ltd's first-quarter profit more than doubled, helped by higher income from its core power generation business. Profit came in at 1.64 billion rupees in the quarter ended June 30, compared ...
Mumbai, May 19 (IANS) Integrated power company Tata Power on Friday reported a consolidated net loss for the fourth quarter (Q4) of 2016-17 due to one-time provision. According to the company, it had to ...
Tata Power Co Ltd on Friday reported a fourth-quarter adjusted profit that missed analysts' estimates, as lower recovery on the cost of fuel at one of its major power plants and higher fuel costs hurt margins. On an adjusted basis, excluding a one-time charge, the company posted an increase in consolidated net profit to 3.89 billion rupees for the quarter ended March 2017. Analysts on average had expected a consolidated profit of 4.26 billion rupees, according to Thomson Reuters data.
Mumbai, May 2 (IANS) Tata Sons will seek necessary permissions to implement the June 22, 2016, London Court of International Arbitration (LCIA) award in the Tata-NTT Docomo case. The development comes after Delhi High Court on last Friday approved the consent terms between Tata Sons and Japanese mobile phone operator NTT Docomo which were laid down by the LCIA award. According to a regulatory filing made to the BSE by Tata Power on Tuesday, Tata Sons shall take necessary permissions from the Competition Commission of India (CCI) and tax authorities to remit the amount in lieu of shares to be transferred to Tata Sons as per the consent terms.
The Supreme Court ruled on Tuesday that Adani Power Ltd cannot charge its customers more to cover a surge in the cost of imported coal, overturning a decision by a power regulator in December. The ruling sent Adani Power's shares down as much as 20 percent on Tuesday, its biggest intra-day loss since it went public in 2009. Both Adani Power and competitor Tata Power - which was also party to the ruling although it was not mentioned directly in it - struck long-term deals in the middle of the last decade with distribution companies to supply power from plants they each operate in Prime Minister Narendra Modi's home state of Gujarat.
New Delhi, March 26 (IANS) Switching off lights and electrical appliances during the Earth Hour initiative this year, Delhi saved around 290 MW of power, the capital's distribution companies (discoms) announced on Sunday. The global Earth Hour initiative aimed at energy conservation was observed between 8.30 p.m. and 9.30 p.m. on Saturday. "This is more than last year when Delhi had saved around 230 MW," a spokesperson of power major BSES said here.
Mumbai, Feb 10 (IANS) Tata Power on Friday posted a 38 per cent rise in consolidated net profit at Rs 599.2 crore for the third quarter ended December 2016, mainly due to improved performance and a tax credit. On the day, the company's board also approved the appointment of N. Chandrasekaran as its new chairman. "The group has posted a net profit after tax, minority interest and share of profit of associates and joint ventures of Rs 599.2 crore for the quarter ended December 31, 2016 as compared to Rs 433.25 crore for the quarter ended December 31, 2015," Tata Power said in a stock exchange filing.
NEW DELHI/MUMBAI (Reuters) - When Ratan Tata retired as chairman of Tata Sons Ltd in 2012, he proposed a change in the laws governing the relationship between India's largest conglomerate and its key shareholder, according to sources familiar with the situation. Until then, the Tata Trusts - public charities owning two-thirds of the company - had easily protected its investment. A Tata family member had for decades held the chairmanship at both the Trusts and the company, whose businesses include cars, software and steel.
Mumbai, Dec 6 (IANS) Asking its ousted Chairman Cyrus Mistry to follow his own assertions on corporate governance, Tata Sons on Tuesday said that he should step down from the boards of Tata companies. "The same corporate governance guidelines, Mistry 's office is referring to, prescribes that a Tata employee must step down from the Boards of Tata companies, after he ceases to be a Tata employee," a group spokesperson for Tata Sons said. "After being replaced as Chairman of Tata Sons, Mistry ceases to be a Tata employee.
Mumbai, Dec 6 (IANS) Tata Sons ousted Chairman Cyrus Mistry's fight is to protect the Tata Group from capricious decision-making by its Interim Chairman Ratan Tata, Mistry's office said on Tuesday. Tata Sons board had ousted Mistry on October 24 and appointed Tata as the Interim Chairman. "Mistry's fight today is to protect the Tata Group from capricious decision-making by the Interim Chairman," a statement from Mistry's office said.