Tata Sons Current Affairs, GK & News

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 growth of the company, AirAsia India said in a statement. The airline, jointly owned by ..

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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 the globally admired group during his tenure as Chairman for a period of two decades. ..

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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 had appealed to the shareholders to remove Mistry on the ground that his presence on ..

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Tata Sons raise stake in AirAsia India from 30% to 41%

Tata Sons has decided to increase its stake in low-cost carrier AirAsia India from 30 per cent to 41 per cent by infusing fresh capital. AirAsia India is a joint venture between Malaysian low-cost airline AirAsia Berhad, Tata Sons and Arun Bhatia’s Telestra Tradeplace. As per the original agreement these three partners holds 49%, 30%, 21% stakes ..

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Tata’s Vistara airline starts domestic flight operation

Tata’s Vistara airline has started domestic flight operation in India. Vistara started its flight operation after first flight took off from Delhi to Mumbai on 9 January 2015. Vistara airline is a joint venture of Tata Sons and Singapore Airlines (SIA). Earlier in 2014, Tata Group had to launch a full-service carrier in India with ..

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