Tata Capital, the financial services arm of the Tata Group, is launching India’s biggest initial public offering of the year, aiming to raise up to $1.7 billion. The offering includes up to 475.8 million shares — both new and existing, priced approximately $3.72 to $3.91 per share. Key stakeholders participating...
U.S.-India Move Forward with Supply Chain Collaboration on Critical Minerals
During his visit to the United States from September 30 to October 4, Indian Commerce and Industry Minister Piyush Goyal engaged in discussions with U.S. Secretary of Commerce Gina Raimondo and prominent CEOs to explore investment opportunities in India and strengthen bilateral cooperation and part of sixth India-US Commercial Dialog....
India Bullish on Adopting AI For Job Creation
At the B20 Summit in New Delhi, N Chandrasekaran, Chair, B20 India, and Executive Chairman, Tata Sons, offered his perspective on the ongoing debate surrounding AI's impact on employment. He asserted that AI could serve as a catalyst for elevating the capabilities of workers, leading to a more efficient and...
U.S.-India CEO Forum Re-Launched
On Wednesday November 9, 2022, U.S. Secretary of Commerce Gina Raimondo and India's Minister of Commerce and Industry Piyush Goyal officially launched the U.S.-India CEO Forum. They were joined by the Forum’s Private Sector Co-Chairs James Taiclet (Chairman, President, and CEO, Lockheed Martin Corporation) and Natarajan Chandrasekaran (Chairman, Tata Sons),...
Airbus and India’s Tata Group Partner to Make Transport Aircraft
India’s Cabinet Committee on Security approved $3 billion for the acquisition of 56 Airbus C-295MW transport aircraft to replace the Indian Air Force fleet of Hawker Siddeley 748M Avro aircraft. The Avro is a British design that was manufactured in the government owned factory of HAL - Hindustan Aeronautics Ltd...
India's drug authority approved paper-strip Covid-19 test that could return results within hour
India's drug authority has approved a paper-strip test for Covid-19 that shows results in less than an hour, the head of the government institute that invented the test told CNN. The test, called FELUDA—an acronym for FNCAS9 Editor-Limited Uniform Detection Assay—was named after a popular Indian fictional detective. It intends to "address...