Latest news with #Tatas
Mint
2 days ago
- Business
- Mint
‘Can we pretend there's a Pandemic?': Bengaluru man's post on traffic woes is viral
A Bengaluru entrepreneur's witty take on the city's notorious traffic jams has gone viral, resonating with officegoers and remote work advocates alike. Dilip Kumar, a city-based entrepreneur, took to X (formerly Twitter) to share his frustration after being stuck in traffic for over two hours on a Monday morning. 'Why can't we pretend there is a pandemic and it's called road traffic — and go back to working from home and doing online meetings?' he wrote. 'It's painful to get stuck for 2 hrs on a Monday morning and act enthusiastic. There is no medicine for the stress from Bangalore traffic.' His post has sparked a flurry of reactions online, with many Bengaluru residents calling it 'painfully accurate.' A user wrote, 'With all kinds of affordable infrastructure space, digital resources, tech. know how, and funds at hands, even the so called internet companies are unable to move out their work centers out of city traffic... What are we missing here? Wonder if internet / digital services companies were to do anything close to what Tatas did to Jamshedpur or what Reliance is doing to Jam Nagar, what kind of urbanization India can unlock.' Another user wrote, 'It's like cancer, there is no cure for that.' 'Getting a driver is probably the best fix. Or start a coworker carpool called 'Switch', you drive one day, they drive the next. Watch movies or finish work on the ride . Or just wait for Tesla to save us all,' a user suggested a solution. Several users shared their own commuting horror stories, while others expressed longing for the flexibility of remote work that was the norm during the COVID-19 pandemic. 'It's the sheer pleasure of seeing all the incompetent people together in a box called OFFICE. Bosses are sadist. They want you to do the same NOTHING in OFFICE rather than from HOME,' the fourth user expressed. 'Opted for a remote job for the same reason and moved out of Bangalore; while I was there, I had rented accomodation right infront of the office; because that was the only way I could survive,' the fifth user shared. Bengaluru's traffic congestion, often ranked among the worst in the world, remains a persistent challenge for daily commuters, especially during peak hours. The post has renewed conversations around hybrid work models and the toll daily travel takes on mental well-being
Time of India
3 days ago
- Business
- Time of India
'Bangalore was a sleepy town': Gurugram entrepreneur says migrants made Bengaluru, netizens ask 'ever heard of Kempegowda?'
A Gurugram entrepreneur's post praising migrant contributions to Mumbai, Bengaluru, and Gurugram sparked online debate. Rajesh Sawhney lauded migrants for transforming these cities into economic hubs. However, Bengalureans strongly contested his views, highlighting the city's pre-existing industrial and scientific heritage. The backlash reflects growing concerns about overcrowding and infrastructure strain, with some locals feeling their contributions are overlooked. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Bengaluru Locals Clap Back A Gurugram-based entrepreneur has found himself at the centre of a heated debate online after calling Mumbai, Bengaluru, and Gurugram 'cities built by migrants.' His post, meant to praise India's urban growth, instead touched a nerve, especially among the weekend, Rajesh Sawhney, a well-known serial entrepreneur, posted on X (formerly Twitter): 'Mumbai, Bangalore and Gurugram, these three Indian cities have been built by migrants and are the most cosmopolitan in nature.'He praised migrants for transforming quiet towns into hubs of finance, IT, and startups. He called Mumbai the country's first true business capital, shaped by talent drawn to banks, MNCs and business houses like Tatas and Adanis. Bengaluru, he said, was a peaceful city until the IT boom brought in techies from across southern India. And Gurugram, he wrote, went from 'a dusty village' to a buzzing startup zone thanks to BPOs and even added that natives should celebrate this migrant-driven growth instead of resenting it, blaming politicians for stoking from Bengaluru didn't take kindly to his words. One user wrote, 'Bangalore was a sleepy town? Really? Do your research.' Others pointed to the city's long-standing industrial and scientific legacy, HAL , DRDO, BEML , and institutions like IISc and PSUs that were around long before the IT even reminded him that Kempegowda, the city's founder, planned Bengaluru more than 500 years ago and that it had electricity before most of Asia.A more angry comment read: 'Humble request to all migrants: go back and build your native places. Bengaluru will become better without you.' This reflected rising frustration over the overcrowding, traffic, and infrastructure stress the city faces a few agreed with Sawhney's views and celebrated the cosmopolitan culture of these cities, the majority response showed growing discomfort. People feel that locals and their contributions are being sidelined or forgotten.
New Indian Express
4 days ago
- New Indian Express
Need a regulator for flying coffins
Welcome aboard India's booming aviation sector. Please fasten your seatbelts, stow your illusions, and brace for impact. Indians are flying blind. On June 12, 230 passengers boarded Air India Flight 171 in Ahmedabad. Thirty seconds after takeoff, the Boeing 787-8 Dreamliner plunged into a medical college hostel. It wasn't just a crash—it was a massacre, and one that could have been prevented. And like so many others in India's increasingly dystopian aviation landscape, it exposed not just the condition of the aircraft but the rot at the very heart of our aviation ecosystem. In any functioning democracy, such a tragedy would be a moment of reckoning. But not in India. Instead, distraught relatives ran from morgue to morgue, clutching photographs of burnt bodies and unanswered questions. For days, there were no officials with answers. There was no crisis response team. Hardly a responsive centralised helpline, which should have been mandatory. The main crisis that allows airlines to get away with murder is that there is no regulator fixing accountability. Sympathy without empathy is a sign of apathy. Add indifference at the helm, and the picture is complete: four senior executives threw an official party days after the crash. Thankfully, they were sacked. And the conscience cancelled perceived callousness, with the Tatas setting up a foundation with a huge Rs 500-crore corpus to look after the interests of the victims.
News18
6 days ago
- Business
- News18
Air India Crash: Tata Sons Mulling Trust For Affected Families, Likely To Allocate Rs 500 Crore
Last Updated: The Tata Group is reportedly planning a Rs 500 crore allocation through Tata Trusts to strengthen its relief measures after the Air India crash. Tata Sons chairman N Chandrasekaran, in a first board meeting after the Air India plane crash, has apprised the group leadership that they would be working with its majority shareholder, Tata Trusts, for furthering the relief efforts to those affected in the tragedy. Chandrasekaran also briefed the group leadership about the relief efforts and other aspects undertaken by the group since the fatal accident. The nine-member board, which oversees operations of over 100 companies in the salt-to-software group, also paid condolences to the deceased at the meeting. According to a report with the Economic Times, approvals have been sought for an estimated Rs 500 crore allocation to the trust. Earlier, the Tata group, which owns Air India, had declared a compensation of Rs 1 crore to each of the kin of all the deceased. As per reports, Chandrasekaran has taken direct control of Air India's daily operations. At least 270 people, including all but one of the 242 passengers and crew members on board the Ahmedabad-London Gatwick flight AI-171, were killed after the Boeing Dreamliner crashed soon after take-off on June 12. Tata Sons and Singapore Airlines invested Rs 9,558 crore in loss-making Air India in 2024-25, with the promoters pumping in Rs 4,306 crore alone in March this year. The airline, being piloted by Tatas since January 2022, has embarked on an ambitious five-year transformation plan. In November 2024, Vistara, a joint venture between Tatas and Singapore Airlines, was merged with Air India, following which the Singaporean carrier acquired a 25.1 per cent stake in Air India. In response to queries about fundraising, an Air India spokesperson told PTI on Wednesday that its shareholders have together infused fresh capital of more than Rs 9,500 crore in 2024-25 to meet the airline's capital expenditure requirements. Tata Sons invested Rs 3,224.82 crore, and Singapore Airlines put in Rs 6,333.18 crore in Air India, taking the total fund infusion to Rs 9,558 crore in the financial year ended March 2025. 'Pursuant to the merger of Vistara with Air India in November 2024, the shareholders have together infused fresh capital of over Rs 9,500 crore in the fiscal year 2024-25. The said infusion is to meet the company's requirement towards capital expenditure, working capital and growth initiatives," the Air India spokesperson said in a statement. In March this year, Tata Sons pumped in Rs 3,224.82 crore, and Singapore Airlines invested Rs 1,080.68 crore in Air India, according to regulatory filings accessed by business intelligence platform Tofler. Through the preferential allotment route, Tata Sons was issued little over 523 crore equity shares, and Singapore Airlines was allotted little more than 175 crore equity shares at a price of Rs 6.1632 apiece, the filings showed. The equity shares, having a face value of Rs 4 apiece, were issued with a premium of Rs 2.1632 per equity share. They were allotted on March 20. Prior to the funding in March, Singapore Airlines had invested Rs 5,252.5 crore in Air India in 2024-25. For the nine months ended December 31, 2024, Air India Group's loss before exceptional items stood at Rs 8,033.1 crore while revenues were Rs 56,366.8 crore, as per the provisional figures mentioned in the filings. First Published: June 27, 2025, 09:29 IST
Mint
6 days ago
- Business
- Mint
Tata Sons holds first board meeting after Air India plane crash
Tata Sons convened its first board meeting on Thursday following the Air India flight AI-171 crash in Ahmedabad, which claimed the lives of 241 passengers and crew members. The Tata Sons meeting, attended by the nine-member board that oversees the operations of over 100 companies within the vast Tata conglomerate, saw chairman N Chandrasekaran provide a detailed update on the relief efforts and ongoing support for the victims' families. People in the know of the proceedings revealed to PTI that Chandrasekaran apprised the board of the immediate steps taken by the Tata group since the Air India plane crash, which occurred on 12 June shortly after take-off from Ahmedabad en route to London Gatwick. The Boeing Dreamliner disaster claimed the lives of at least 270 people, including 241 passengers and crew members, with only one survivor. The board collectively expressed their deepest condolences to the families of the deceased during the meeting. Tata Sons emphasised its commitment to working closely with its majority shareholder, Tata Trusts, to extend and strengthen relief measures for those affected by the calamity. The Tata group has announced a compensation package of ₹ 1 crore (approximately £100,000) to be provided to the next of kin of every victim. This gesture underscores the conglomerate's resolve to offer tangible support in the aftermath of the tragedy. In addition to overseeing the group's broader response, Chandrasekaran has reportedly assumed direct control of Air India's day-to-day operations to ensure focused management during this critical period. Tata Sons and Singapore Airlines invested ₹ 9,558 crore in loss-making Air India in 2024-25, with the promoters pumping in ₹ 4,306 crore alone in March this year, PTI reported. The airline, being piloted by Tatas since January 2022, has embarked on an ambitious five-year transformation plan. In November 2024, Vistara -- a joint venture between Tatas and Singapore Airlines -- was merged with Air India, following which the Singaporean carrier acquired a 25.1 per cent stake in Air India. Tata Sons invested ₹ 3,224.82 crore, and Singapore Airlines put in ₹ 6,333.18 crore in Air India, taking the total fund infusion to ₹ 9,558 crore in the financial year ended March 2025.
