Tata Power Delhi Distribution, 3M India tie up to provide technical training prog for Discom professionals

Tata Power Delhi Distribution Ltd (Tata Power-DDL) and 3M India Ltd have signed a Memorandum of Understanding to this effect, a company statement said. New Delhi: Tata Power Delhi Distribution has inked an initial pact with 3M India for providing a technical training program for professionals working with electricity distribution utilities (discoms). Tata Power Delhi… Continue reading Tata Power Delhi Distribution, 3M India tie up to provide technical training prog for Discom professionals

Tata Motors to sell stake in unit to TPG fund, endowment trust at $2b valuationTPG Rise Climate will pick up a 9% stake in the unit for $176m.

India’s Tata Motors on Friday said it will sell a 9.9% stake in Tata Technologies to U.S. private equity firm TPG and an endowment trust belonging to Tata Trusts Chairman Ratan Tata in a deal that values the unit at nearly $2 billion. TPG fund, TPG Rise Climate, will pick up a 9% stake in the unit, which is set to go public,… Continue reading Tata Motors to sell stake in unit to TPG fund, endowment trust at $2b valuationTPG Rise Climate will pick up a 9% stake in the unit for $176m.

Tata Motors sells 9.9% stake in Tata Technologies to investors led by TPG Rise

Updated On Oct 13, 2023 at 08:11 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals The lead investor in this strategic deal is TPG Rise Climate, a prominent division of TPG’s formidable USD 18 billion impact investing platform. Tata Motors Limited (TML) has announced the sale of a 9.9% stake in… Continue reading Tata Motors sells 9.9% stake in Tata Technologies to investors led by TPG Rise

Tata Motors sells 9.9% stake in Tata Technologies for Rs 1,613.7 crore

Tata Motors Limited (TML) has entered into share purchase agreements to sell 9.9% stake in Tata Technologies Ltd (TTL) for an aggregate consideration of Rs 1,613.7 crore. TPG Rise Climate is the lead investor for this transaction, which ascribes an equity valuation of Rs 16,300 crore (around US$ 2.0 billion) for TTL. TTL, a subsidiary… Continue reading Tata Motors sells 9.9% stake in Tata Technologies for Rs 1,613.7 crore

Tata Harrier, Safari facelift launch on October 17

Tata Motors recently unveiled the Harrier and Safari facelifts that have received a major exterior and interior design revision, lots of new features and slightly updated mechanicals. We can now confirm that the price of both SUVs will be announced on October 17. Our dealer sources have also said that deliveries are expected to commence from late October… Continue reading Tata Harrier, Safari facelift launch on October 17

Tata Harrier, Safari facelift launch on October 17

Tata Motors recently unveiled the Harrier and Safari facelifts that have received a major exterior and interior design revision, lots of new features and slightly updated mechanicals. We can now confirm that the price of both SUVs will be announced on October 17. Our dealer sources have also said that deliveries are expected to commence from late October… Continue reading Tata Harrier, Safari facelift launch on October 17

India’s Infosys cuts top end of FY revenue outlook

An employees walks past a signage board in the Infosys campus at the Electronics City IT district in Bangalore, February 28, 2012. REUTERS/Vivek Prakash/File Photo Acquire Licensing Rights BENGALURU, Oct 12 (Reuters) – Infosys (INFY.NS) cut the upper end of its annual revenue forecast on Thursday, raising concerns about near-term demand for services provided by… Continue reading India’s Infosys cuts top end of FY revenue outlook

CJ Darcl Logistics MoU with Tata Motors to explore Indian market

With Tata Motors’ advanced trucks and expertise in fleet management through value-additions, telematics systems, and service networks, CJ Darcl aims to set new benchmarks in the Indian logistics industry. New Delhi: CJ Darcl Logistics Limited, a logistics company in India, signed a MoU with Tata Motors Limited, to strengthen and enhance CJ Darcl’s fleet of… Continue reading CJ Darcl Logistics MoU with Tata Motors to explore Indian market

CJ Darcl Logistics signs MoU with Tata Motors for exploring sustainable operations

Logistic company CJ Darcl Logistics Limited on Thursday announced signing a strategic Memorandum of Understanding (MoU) with Tata Motors  to strengthen and enhance CJ Darcl’s fleet of vehicles and explore options for logistics services.  In a statement, the company said that post-MoU, the companies would deliberate on possibilities to enhance CJ Darcl’s fleet and make… Continue reading CJ Darcl Logistics signs MoU with Tata Motors for exploring sustainable operations