Tata MotorsBSE 1.15 %, India’s largest automobile company by revenue, and Volkswagen Group, Europe’s largest car maker by volume, are said to be at an advanced stage of finalising a partnership that can have a wide...
Warburg negotiates to buy up to 40 per cent stake for Rs 2,300 crore of Tata Tech
Private equity firm Warburg Pincus is in advanced negotiations to acquire a significant minority stake of up to 40 per cent in Tata Technologies for around Rs 2,300 crore, ending months of talks, said several people...
Tata Tech stake sale talks on; deal may take longer
Mumbai: Tata Motors Ltd has resumed looking for potential buyers for some of its stake in subsidiary Tata Technologies Ltd, two people familiar with the development said. A deal, however, may take longer with the top...
RICO positions itself for Growth?
We covered growth strategy of Rico Auto Industries Limited (Rico) in September 2011 issue. Rico is a renowned name in the auto component industry in India. Despite growth rate of 11% CAGR during FY 2006-07 to FY 2010...
Tata Sons, group companies to partner with academic institutions, fund R&D
Tata Sons and Tata companies including Tata Consultancy Services (TCS), Tata Chemicals, Tata Communications, Tata Steel, and Jaguar Land Rover (JLR) have entered into collaborations to fund research and development...
Cyrus Mistry’s principle: Asset Right, Asset Light
Cyrus Mistry, the current chairman of Tata group who is the first from outside the immediate Tata family to head the group since it was founded in 1868, has his eye in the future and not the past. Working on the...
Consolidation Among Cloud Service Providers
Time to Get Big, Get Local or Get Out! While much of the recent focus has been on the big players in the Cloud market, that are all competing for scale, there remains a competitive play for focused MSPs that is often...
Challenges await the bidder
Challenges await the bidder The Tata Group may have emerged as the preferred bidder for Ford’s luxury brands Jaguar and the Land Rover. But the deal comes bundled with challenges for the Mumbai-based conglomerate...
M&M to acquire German forgings co
M&M to acquire German forgings co Mahindra & Mahindra (M&M) has said that it has agreed to acquire 90.47 per cent stake in German forging company Schoneweiss & Co GmbH of Germany for an undisclosed...
M&A deal vol tanks 73% to $5.4 bn in H1’09
The global credit crunch has taken toll on the country’s merger and acquisition (M&A) activities with the total announced deal volume slumping by 73 per cent to $5.4 billion in the first half of the year...
UK govt-JLR talks back on track
The British government has said that it is in discussions with the Tata Group-owned luxury carmaker Jaguar Land Rover (JLR) on guaranteeing loans. While making it clear that the primary financial responsibility of the...
What Convinced TATA Motors To Take Over The JLR?
WHAT CONVINCED TATA MOTORS TO TAKE OVER THE JLR Tata might have acquired the JLR in 2008 but the plan for acquisition and internal due diligence started when the first real contact between Tata and Ford took place in...