Ratan Tata

As of 2022, Ratan Tata, the Chairman Emeritus of Tata Sons and former Chairman of Tata Group, has a net worth of Rs 3800 crore. In recognition of his support for the Australia-India relationship, he is worthy of formal national recognition with an appointment as an Honorary Officer in the General Division of the Order of Australia for.

In the last six months, "Goodfellows" has completed a successful beta and will now be available in Mumbai and soon in Pune, Chennai and Bengaluru. "The bonds between the two generations created by Goodfellows are very meaningful and are helping to address an important social issue In India. I hope the investment helps the young team at Goodfellows grow," said Tata. During the beta testing, Goodfellows received a positive response with over 800 applications from young graduates looking to be employed at Goodfellows of which a shortlisted cohort of 20 provided companionship to the elderly in Mumbai.

In a communication to the employees, Chandrasekaran said: "Now is the time to look ahead." The communication to Air India employees came on a day when Tata Group subsidiary, Talace Private Limited, formally took over the managerial control of the airline. "I, like many others, have enjoyed reflecting on stories from the airline's brilliant past. My first flight was with Air India in December 1986, and I will never forget how special it felt to be onboard, or the exhilaration as we soared into the sky," the letter read.

However, the transaction does not include non-core assets, including land and building, valued at Rs 14,718 crore, which are to be transferred to government of India's Air India Asset Holding Limited (AIAHL). Besides, Tatas will also not get the world-famous art collection of Air India. Nevertheless, the group will get Air India's 117 wide-body and narrow body aircraft apart from 24 aircraft of Air India Express.

 The Centre on Thursday handed over the management control of national carrier Air India to a subsidiary of Tata Sons. With this Air India's strategic disinvestment was complete after the Centre received a consideration of Rs 2,700 crore from the 'Strategic Partner' -- Talace -- which is a wholly owned subsidiary of Tata Sons. Besides the upfront payment, Talace will retain a debt of Rs 15,300 crore.

The consolidated net revenue rose by 14.7 per cent YoY to Rs 61,379 crore. On a standalone basis, the company posted a comprehensive net loss of Rs 536.93 crore for the September quarter.It had registered a net loss of Rs 1,141.36 crore in the same period last fiscal.

In a throwback of the journey the airline has taken so far, Ratan Tata, the Chairman Emeritus of Tata Sons, on Friday tweeted an old photograph of the company's former Chairman J.R.D. Tata getting down from an Air India aircraft, minutes after Tata Sons won the bid to regain control of the airline.