Trent’s shares fell more than 1% on April 23 even after the Tata Group retail firm reported solid Q4 results. Traders pointed to weak overall investor sentiment that kept the market opening in red repeatedly, overriding confidence from the earnings. The stock move reflects how macro mood can dilute company-specific positives in the near term.
BigBasket, part of Tata Group, has appointed Arpit Jaiswal as Chief Growth Officer to lead growth that is both sustainable and profitable. He will drive product development, user acquisition and retention, and market expansion, working with cross-functional teams to boost customer engagement and monetization efficiency. Jaiswal previously led growth and product initiatives at Google Pay, including AI-led user acquisition and unit economics.
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Tata Group chairman N Chandrasekaran says the conglomerate’s footprint in Uttar Pradesh will more than double as the state is positioned as a major manufacturing and export hub. Tata Motors targets two million vehicles in five years, while Tata Consultancy Services plans to double its workforce. The expansion also includes new sectors alongside social development initiatives.
Tata’s Trent is pushing its Zudio and Westside stores beyond Bengaluru and Mumbai, targeting faster-growing Tier II and III markets. The company posted a 26% jump in Q4 net profit and announced its first-ever bonus issue, signaling confidence. Still, Trent warned that consumer demand remains cautious amid geopolitical uncertainties and rising input costs.
Singapore Airlines CEO Goh Choon Phong met Tata Sons Chairman N Chandrasekaran and other top executives to discuss the struggling, loss-making Air India. The talks highlight how higher operating costs—driven by airspace restrictions—and disruptions from a recent leadership change are weighing on Air India’s finances, with those impacts now reaching Singapore Airlines too.
Air India posted a wider-than-expected loss of over ₹220 billion ($2.4 billion) for FY26, citing disruptions ranging from a fatal aircraft crash to airspace restrictions and geopolitical tensions. Now the airline is asking major shareholders, including Tata Group and Singapore Airlines, for additional funding, though the exact amount is still being discussed.
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Indian Hotels Company (IHCL), the Tata Group firm, has completed its purchase of a 51% stake in Brij Hospitality for about Rs 222 crore. Through IHCL and its step-down subsidiaries, the transaction includes buying shares from existing shareholders and making a primary investment, bringing Brij Hospitality under IHCL as a subsidiary and strengthening its growth plan.
Singapore Airlines is increasing its involvement with Air India by placing its executives directly in operational areas such as flight operations and engineering. The shift comes as Air India battles record financial losses and safety concerns. While Tata Group remains the majority owner, it is said to be focusing its attention on other business functions.
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