Tata Group is considering a potential spinoff of its battery business, according to people familiar with the matter, as the Indian conglomerate expands its foray in the country’s renewable-energy and electric-vehicle...
Reliance Tata Deal: Ambani’s RIL may buy 30% Tata Play stake from Disney to strengthen television distribu
Reliance Industries is reportedly in discussions to acquire a 29.8% stake in Tata Play, a subscription-based satellite TV and video streaming service, from Walt Disney, Business Standard newspaper reported citing...
Tata Steel board decides not to merge TRF Ltd as company sees turnaround
Tata Steel on Wednesday said its board has decided not to pursue the amalgamation of TRF Ltd, as the associate company is witnessing a turnaround in its business performance. Tata Steel had earlier announced the...
Tata Steel completes proposed amalgamation of five of nine subsidiaries
Tata Steel Ltd announced that it has successfully amalgamated five of its nine strategic businesses, in line with its long-term strategy and commitment to simplify its business portfolio. In an exchange filing on...
CCI greenlights Tata Electronics’ acquisition of iPhone supplier Wistron Infocomm
The Competition Commission of India (CCI) has granted approval for the Tata Electronics-Wistron deal. This proposed combination involves the acquisition of 100 per cent equity share capital of Wistron Infocomm...
Tata Consumer signs pacts to buy Capital Foods, Organic India
Tata Consumer Products Ltd (TCPL) announced on Friday that it has signed definitive agreements to fully acquire Capital Foods, owner of Ching’s Secret and Smith & Jones, and Organic India, the Fabindia-backed...
NCLT approves merger of Tata Metaliks with parent; not to announce separate quarterly results
The National Company Law Tribunal has sanctioned the amalgamation of Tata Metaliks Ltd into its parent Tata Steel, which led to the cancellation of board meeting ahead of financial results announcement of the subsidiary...
Tata Consumer set to acquire Capital Foods, Organic India
Tata Consumer Products Ltd (TCPL) is all set to announce two marquee transactions – the acquisitions of Capital Foods Pvt Ltd, the maker of condiments, food products, and ingredients under the Ching’s Secret and...
Tata Power acquires 100% stake in Bikaner SPV
Tata Power Company on Thursday said it has acquired a 100% equity stake in Bikaner III Neemrana II Transmission, a special purpose vehicle (SPV) meant for the project. The acquisition process was completed on December...
Tata Coffee, Tata Consumer Products merger to be effective from January 1
The scheme of arrangement between Tata Coffee Ltd (TCL), Tata Consumer Products Ltd (TCPL) and its wholly owned subsidiary TCPL Beverages and Foods Ltd (TBFL) will be effective from January 1, 2024. The scheme involves...
India’s Tata Capital eyes fashion brand Rare Rabbit at $300 mln valuation – sources
India’s Tata Capital is looking to purchase a roughly 13% stake in premium domestic fashion brand Rare Rabbit at a valuation of $300 million, as it seeks to bet on the country’s affluent shoppers, three...
Tata Power acquires Bikaner-Neemrana Transmission Project
Tata Power said it has acquired Bikaner-Neemrana Transmission Project through a bidding process. Bikaner-III Neemrana-II Transmission Ltd is a special purpose vehicle (SPV) set up by PFC Consulting, for the project. The...