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...
Tata Steel completes merger of S & T Mining Company with itself
Tata Steel said it has completed the merger of S & T Mining Company Ltd with itself. The scheme of amalgamation of S & T Mining Company Ltd (‘S&T Mining’) into and with Tata Steel Ltd was...
Tatas complete acquisition of Wistron’s manufacturing facility in Karnataka
The Tata group has completed the acquisition of Taiwan’s Wistron’s manufacturing facility in Karnataka, marking its diversification into assembling Apple iPhones. The salt-to-software conglomerate signed a...
Hello Tata, goodbye Wistron: The anatomy of a $750 million takeover deal
The Tata Group’s acquisition of Wistron’s manufacturing facility, which will make it the first Indian firm to assemble iPhones, is worth a total $750 million inclusive of debt, said people with knowledge of...