Tata Consumer Products Ltd said that it had ceased discussions with packaged water maker Bisleri International about a potential acquisition. The company in its regulatory filing said that it has not entered into any...
Tata 1MG-backed 5C Network acquires AI healthtech startup Krayen
Bengaluru-based online medical diagnostics platform 5C Network, which has a strategic investment from Tata 1MG, has acquired US-based artificial intelligence health tech startup Krayen for an undisclosed sum. With this...
Tata Motors lines up suitors for stake in EV business
Tata Motors has begun discussions with sovereign wealth funds and private equity investors such as UAE-based Abu Dhabi Investment Authority (ADIA) and Mubadala Investment Company, Saudi Arabia-headquartered Public...
Tata Steel acquires shares worth ₹300 cr in NINL, shareholding increases to 5.23%
Tata Steel on Wednesday announced that it has acquired shares amounting to ₹300 crore in Neelachal Ispat Nigam Ltd, which is an indirect subsidiary of the company. Tata Steel on February 21, 2023, has subscribed to...
Tata Group’s Air India to acquire 250 aircraft from Airbus
Tata Sons announced that it has signed a letter of intent to acquire 250 aircraft from European manufacturer Airbus. Air India will buy 40 wide-body A350 planes and 210 narrow-body aircraft. Later on the same day it was...
Merger of seven subsidiaries with Tata Steel to be completed by FY24, says CEO Narendran
The merger of 7 subsidiary companies with Tata Steel is expected to be completed in 2023-24 fiscal year, its CEO and managing director T V Narendran said. In September 2022, Tata Steel board had approved a proposal to...
Mumbai Oncocare raises $10m from Tata Capital Fund
Mumbai Oncocare Centre (MOC), a chain of cancer daycare centres said it has raised up to $10 million from Tata Capital Healthcare Fund for an undisclosed equity stake. MOC plans to utilize the newly infused capital to...
Tata Motors acquires Ford India’s manufacturing unit in Gujarat
Tata Motors has completed the acquisition of Ford India’s manufacturing plant at Sanand through its subsidiary, the company informed on Tuesday. Last year, the company informed about the acquisition noting Tata...
Tata nears iPhone plant takeover to grow Apple supply role
Tata Group is close to taking over a major plant in southern India in a deal that would give the country its first homegrown iPhone maker. The airline-to-software conglomerate has been in talks with the factory’s owner...
Tata Motors completes Rs 725 cr acquisition of Ford’s Sanand plant
Tata Passenger Electric Mobility (TPEML), a subsidiary of Tata Motors, has completed the acquisition of Ford India’s vehicle manufacturing plant in Sanand for Rs 725.7 crore, according to an exchange notification. On...
Tata Consumer Products Ltd acquires 23 per cent additional stake in South Africa-based Joekels
FMCG firm Tata Consumer Products Ltd (TCPL) said it has acquired 23.3 per cent additional shares of South Africa-based Joekels Tea Packers for Rs 43.65 crore through a step-down subsidiary. Tata Consumer Products...
Tata Comm to acquire US-based Switch Enterprises for Rs 486 cr
Tata Communications will acquire New York-based end-to-end live video production company The Switch Enterprises in an all-cash deal for Rs 486 crore, the company said on Thursday. With both companies coming together...