Sunil Bhaskaran appointed as new CEO & MD of low cost carrier AirAsia India

Tata Group veteran Sunil Bhaskaran has been appointed as the new Chief Executive Officer (CEO) and Managing Director (MD) of low cost carrier AirAsia India with effect from November 15, 2018. He will oversee the next phase of expansion and ..

S Jaishankar inducted into board of US-India Strategic Partnership Forum

Dr. Subramanya Jaishankar, the former foreign secretary of India, has joined the board of the US-India Strategic Partnership Forum (USISPF). Currently, he is the president of Global Corporate Affairs for the Tata Group. USISPF is a forum founded with the ..

Tata Motors Ltd signs a MoU with Maharashtra government to promote e-Mobility in State

Tata Motors Ltd.  has signed a Memorandum of Understanding (MoU) with the State Government of Maharashtra for deployment of 1000 Electric Vehicles (EV) across its range of passenger and commercial vehicles in the State. The company also partnered Tata group ..

Indian carrier Vistara becomes member of International Air Transport Association

Vistara, the joint venture carrier between Tata Sons and Singapore Airlines, has become the 3rd Indian carrier to be a member of the International Air Transport Association (IATA), a global body of 280 airlines. Air India and Jet Airways are ..

Month: Current Affairs - April, 2018

Delhi to become India’s first city to have a policy to compensate consumers for unscheduled outages

On April 19, Lt Governor Anil Baijal has approved the Kejriwal government’s proposal mandating an hourly compensation of Rs 100 to consumers in case of unscheduled power cuts. As per the proposed policy, power discoms will have to pay their ..

Month: Current Affairs - April, 2018

Tata Power becomes first power utility to introduce a QR code based bill payments system in India

Tata Power has become the first power utility to introduce a QR code based bill payments system in India. The QR code linked to Unified Payments Interface (UPI) will be printed on the electricity bills. The customers can scan the ..

ICFA presents ‘Global Agriculture Leadership Award 2016’ to Ratan Tata

Indian Council of Food and Agriculture (ICFA) has presented ‘Global Agriculture Leadership Award 2016‘ to the interim Chairman of Tata Sons Ratan Tata. According to ICFA, ‘Lifetime Achievements Award 2016’ has been conferred to Tata for transforming Tata Group as ..

Cyrus Mistry removed as Tata Industries director

Cyrus Mistry has been removed as director of Tata Industries following shareholders’ vote. An Extraordinary General Meeting (EGM) was called to remove him. Tata Industries is a subsidiary of Tata Sons. Last week, the interim chairman of Tata Sons, Ratan Tata ..

Cyrus Mistry removed as Chairman of Tata Group

The board of India’s largest conglomerate Tata Sons Ltd has removed Cyrus Pallonji Mistry (48) as Chairman. However he will remain a director of the individual companies. The board has replaced him with his predecessor Ratan Tata as interim chairman ..

Month: Current Affairs - October, 2016

Tata Advanced Systems signs deal with Bell Helicopter

Tata Advanced Systems Ltd (TASL) and US-based Bell Helicopter have signed a deal to jointly develop the helicopter market in India. The agreement seeks to support of India’s aviation and defence modernization initiatives with an emphasis on ‘Make in India’. ..

Month: Current Affairs - July, 2016