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...
Tata mulls sale of Voltas home appliances business – Bloomberg News
Tata Group is considering selling the home appliances business of Voltas, in which it has a nearly 30% stake, as the conglomerate expects difficulties in scaling it up in a competitive market, Bloomberg News reported on...
Tata Consumer to merge 3 wholly-owned subsidiaries – NourishCo, SmartFoodz and Soulfull
Tata Consumer Products Ltd said it would merge its three wholly-owned subsidiaries — NourishCo Beverages, Tata SmartFoodz and Tata Consumer Soulfull — to ensure “more effective utilisation of the...
Tata Steel to pick up 26 per cent stake in Tata Power renewable arm
Tata Steel will acquire a 26% stake in TP Vardhaman Surya, a wholly-owned subsidiary of Tata Power Renewable Energy, as a part of its plan to reduce carbon emissions to nil by 2045. The steel-maker will also get into a...
NCLT approves Tata Steel Long Products’ amalgamation with Tata Steel
Tata Steel Long Products Ltd on Thursday said the National Company Law Tribunal (NCLT) has approved the amalgamation of the company with Tata Steel Ltd. Tata Steel is to merge Tata Steel Long Products and six other...
Tata Motors to acquire 27% stake in logistics startup Freight Tiger for Rs 150 crore
Tata Motors Ltd said it will buy a 26.79% stake in digital logistics solutions platform Freight Tiger for Rs 150 crore, with an additional investment of Rs 100 crore planned over the next two years. Freight Tiger...
Tata Motors to sell 9.9% stake in Tata Tech for ₹1,614 crore
Tata Motors on 13 October announced to sell its 9.9 percent in Tata Technologies Limited (TTL) for an aggregate consideration of ₹1,614 crore, it said in a stock regulatory filing. The automotive major entered into...
Temasek in talks with Tata Group to offload 20% stake in Tata Play
Singapore-based investment firm Temasek is in advanced talks with the Tata Group to sell its 20% stake in Tata Play to the Indian conglomerate that owns the largest stake in the direct-to-home (DTH) company, people...
Tata Consumer leads race for maker of Ching’s Secret, values co at Rs 5,500 cr
Tata Consumer Products Ltd (TCPL) has emerged as the frontrunner to acquire Capital Foods Pvt Ltd, the maker of condiments, food products and ingredients under the Ching’s Secret and Smith & Jones brands...
Tata Motors: End of Differential Voting Rights Shares for Listed Companies?
In 2008, Tata Motors Limited had issued equity shares on right basis with differential voting rights. This was one of the few issuances of differential voting rights shares by any listed company. Later regulators...