Vistara, co-owned by the Tata group and Singapore Airlines, cancelled over 50 flights on Monday. According to its website, the alrline operates over 300 flights a day | Latest News India
While India s GDP is 11 times bigger than that of Pakistan s economy, Tata Group s market value has outmuscled Pakistan s GDP. The market capitsalition of all listed Tata companies is now at $365 billion, beating Pakistan s GDP which has shrunk to $341 billion. The growth in Tata companies market cap in last one year has been driven by Tata Motors, Trent, Titan, TCS, and Tata Power. This doesn t take into account unlisted companies worth a few billion dollars from India s largest business house.
An Arbitral Tribunal awarded Tata Motors ₹766 crores as compensation to be paid by the West Bengal government to cover its capital losses after plans to produce Nano cars in Singhur were eventually scrapped.