Tata Sons--which controls India's diversified Tata Group--will hold a 30% stake and Telestra the remaining 21%.
"The Tata Group has always recognized that the world marketplace is not divisible, " says R.
FORBES: Taj Hotels is extending another Tata arm to America.
PLC, which already has a franchise agreement with Tata Group's Star Bazaar stores, welcomed the news.
The partnership aims to take advantage of the various businesses running under the Tata group.
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Tata Steel acquired Corus, an Anglo-Dutch firm, which made the Tata group UK's biggest manufacturer.
The market leader is keeping a close eye on Telco, the flagship of industrial powerhouse Tata Group.
Launched DishTV, a direct-to-home service, which competes with Tata Sky, Tata Group's joint venture with Star TV.
Tata Sons--which controls India's diversified Tata Group--would hold a 30% stake and privately held Telestra Tradeplace Pvt.
He follows on Nandan Nilekani of Infosys Technologies last year and Ratan Tata of Tata Group for 2004.
Navnirman Sena (MNS) chief Raj Thackeray met Tata Group Chairman Emeritus Ratan Tata today at his residence here.
That got it a slot for a daily news bulletin and big-name sponsors, such as the Tata Group.
AirAsia India would be a joint venture with the well-known Tata Group, based in Chennai in South India.
AirAsia last month announced it plans to set up a domestic low-fare airline in India with the Tata Group.
The Tata group, an Indian conglomerate with a new British-educated boss, is the largest employer of manufacturing workers in Britain.
An early flagship of the Tata Group conglomerate, it now shares a place alongside bigger steel, auto and outsourcing companies.
FORBES: Taj Hotels is extending another Tata arm to America.
Tata--the former Tata Group chairman who founded India's now-state-run carrier Air India--is considered the father of civil aviation in India.
The car is the pet project of Ratan Tata, the Tata group's revered chairman, who is over six feet tall.
It was a joint venture between Electrolux of Sweden and Forbes Gokak, in which India's giant Tata Group had a stake.
AirAsia will operate the airline with a 49% stake, the Tata Group will own 30% and Mr. Bhatia will hold 21%.
Mr Chatterjee, in contrast, shares (with the Tata group and West Bengal's theoretically communist state government) ownership of troubled Haldia Petrochemicals.
Tata employees are entitled to discounts of up to 20% off cars produced by the Tata group including Jaguars and Land Rovers.
For India's Tata Group, the establishment of an airline will mark the culmination of years of efforts to reenter the aviation business.
Other reformers include the Tata group, India's largest conglomerate, and the companies controlled by Li Ka-shing, the biggest entrepreneur in Hong Kong.
India's Tata Group has become the country's wealthiest, with a market value higher than the combined wealth of the two Reliance conglomerates.
The Tata group is continuing its forays into alternative power generation.
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After a brief stint working with the private sector Tata group, he joined the Indian civil services in 1992 as a revenue officer.
One company that does, he says, is the Tata Group, which has evaluated some of its top employees, noting from which universities they graduated.
Here are some ideas, as recommended by India resort hotel chain Taj, owned by The Tata Group, and by boutique Brazil-based travel planners at Dehouche.
Mukesh Ambani and the Tata Group also have initiatives funding sports.
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The Tata group runs its hotel operations through Indian Hotels Co.
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