Company Overview and News

 
Market Update: IT stocks rally led by TCS; PSU banks drag as PNB, BOI fall 2-5%; Indigo hits new 52-week high

2018-04-20 moneycontrol
The Indian equity market was trading on a negative note on Friday afternoon with the Nifty shedding 21 points was trading at 10,543 while the Sensex was down 58 points or 0.17 percent.
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Tata Group’s business restructuring plan hits a ‘hydrocarbon’ hurdle

2018-04-19 livemint
Mumbai: Tata Petrodyne Ltd, which has put up its six oil and gas blocks for sale, is yet to find interest from buyers, two people aware of the matter said.
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Tata Power unit to invest in solar power projects in Maharashtra: Report

2018-04-16 moneycontrol
A wholly-owned subsidiary of Tata Power Co. Ltd has bid for two solar power plants in Maharashtra, according to a Mint report citing sources.
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Tata Power unit eyes solar power projects in Maharashtra

2018-04-16 livemint
Mumbai: Tata Power Renewable Energy Ltd (TPREL) is planning to bid for setting up two solar power projects in Maharashtra totalling 400 megawatts (MW), two people in the know said.
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Tata Sons to merge aerospace, defence business under one entity

2018-04-11 livemint
Mumbai: Tata Sons on Wednesday said it is in the process of consolidating its various businesses across aerospace and defence sectors under a single entity—Tata Aerospace & Defence (Tata A&D).
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Sensex rises for 4th straight day; Axis, ICICI Bank lift Nifty above 10,400

2018-04-10 moneycontrol
The market extended gains for fourth consecutive session on Tuesday, with the Nifty closing above 10,400 levels for the first time since March 14 this year on positive global stocks after China's comments soothed trade war tensions. Investors await corporate earnings that will start later in the week with Infosys numbers.
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Closing Bell: Global cues lift Sensex 92 pts, Nifty above 10,400; Axis Bank up 5%

2018-04-10 moneycontrol
3:30 pm Market Closing: The market closed higher for fourth consecutive session on Tuesday, with the Sensex rising 91.71 points to 33,880.25 and the Nifty gaining 22.90 points at 10,402.30.
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Tata power launches IoT-based consumer substation in Mumbai

2018-04-05 moneycontrol
Tata Power today announced the launch of IoT (Internet of Things) based, Smart Consumer Sub Station(CSS) in Mumbai, which is enabled by Tata Communications.
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Infra stocks see investor interest revival

2018-04-04 thehindubusinessline
Priya Kansara After a prolonged period of stepmotherly treatment towards infrastructure stocks for a plethora of reasons, sentiment towards them has been finally changing in a positive way. In other words, infrastructure stocks are again gaining investor interest after a long hiatus.
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EXCLUSIVE | UMPPs are not history, to get assured coal linkage: Power Secy

2018-04-04 moneycontrol
The government is working on amending the ultra mega power project (UMPP) policy to ensure that project developers get assured coal-linkage from Coal India, according to power secretary Ajay Kumar Bhalla.
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Tata moves to consolidate defence businesses

2018-04-03 janes
Tata Power has approved the sale of its defence unit, its Strategic Engineering Division (SED), to Tata Advanced Systems Limited (TASL) for INR22.3 billion (USD342 million).
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Electricity export to Bangladesh can#39;t be done using domestic coal: APP

2018-03-30 moneycontrol
Targeting NTPC for supplying Bangladesh electricity generated using cheap domestic coal, the Association of Power Producers has written to the government saying such sale violates extant policy and hurts interest of domestic power consumers.
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Tata Power to sell defence biz for Rs 2,230 cr

2018-03-30 freepressjournal.in
New Delhi : Tata Power on Thursday said its board has given nod for sale of its defence business to Tata Advance Systems for Rs 2,230 crore as part of plans to monetise its non-core assets and improve the balance sheet.
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Tata Power to sell defence business to Tata Advanced Systems for Rs2,230 crore

2018-03-29 livemint
New Delhi: Tata Power on said its board has given nod for sale of its defence business to Tata Advance Systems for Rs2,230 crore.
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Tata Power sell Tata Communications shares to parent for Rs2,150 crore

2018-03-26 livemint
Mumbai: As part of the group’s move to bring down cross-holding among group companies and also exit non-core businesses by restructuring investment portfolios, Tata Power on Monday decided to sell its stake in Tata Communications and its holding firm Panatone Finvest to Tata Sons for around Rs2,150 crore.
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