Tata Group
Transfer of Air India -Time Line
On January 27, 2022, the Union government transferred its shares in Air India to Tata Sons subsidiary, Talace. Key Facts Apart from Shares, its control and management were also transferred to Talace. With this, disinvestment process ended which started five ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs
CCS clears procurement of 56 transport aircraft
The Cabinet Committee on Security (CCS) has cleared the procurement of 56 transport aircraft from Airbus on September 8, 2021. Key Points This decision would provide a major fillip to the transport fleet of Indian Air Force. This deal to ..
Month: Current Affairs - September, 2021
Taj named strongest hotel brand in the world
According to South Asia’s largest hospitality company, Indian Hotels Company (IHCL), iconic brand Taj has been rated as the Strongest Hotel Brand across the World by Brand Finance. Key Points This announcement was made by world’s leading brand valuation consultancy, ..
Month: Current Affairs - June, 2021
Jamsetji Tata: World’s top philanthropist of last century
Jamsetji Nusserwanji Tata who was the founder of Tata Group, has emerged as the topper of the list of EdelGive Hurun Philanthropists of Century. Highlights An estimated donation of $102.4 billion was in health and education sector. Total philanthropic value ..
Month: Current Affairs - June, 2021
Tata Electronics inks MoU with TN to set up Mobile Component Unit
The Tata Electronics has signed a Memorandum of Understanding (MoU) with the Tamil Nadu government in order to establish a facility to manufacture the mobile components. Key Highlights The project by the Tata Electronics will cost Rs 4684 crores. It ..
Month: Current Affairs - February, 2021
CHECK: World’s first CRISPR CaS-9 based diagnostic tool
Tata Medical and Diagnostics Ltd (TataMD) have unveiled “TataMD CHECK” which is a novel diagnostic testing for COVID-19. It is the world’s first CRISPR CaS-9 based diagnostic tool and is powered by FELUDA. CRISPR Cas-9 is a technology developed in ..
Month: Current Affairs - November, 2020
TATA group to construct New Parliament Building
The TATA Group of Companies have won the bid to construct a new Parliament building. Total cost for the project is Rs 861.90 crores. It is expected to be completed in 21 months. Key Facts The TATA Group had the lowest ..
Month: Current Affairs - September, 2020
Defence Ministry signs MoU with TATA Power to modernize 37 airfields
On May 8, 2020, the Ministry of Defence signed a contract with the TATA POWER SED to modernize infrastructure of 37 airfields of Indian Air Force. The cost of the project is estimated to be around Rs 1,200 crore. The ..
Month: Current Affairs - May, 2020