Six Consortiums Apply to RBI for NUE Licence
Six consortiums, including those led by Reliance Industries, Tata Group, and Axis-ICICI Bank, submitted applications to the Reserve Bank of India (RBI) to set up...
Tag : Tata Group
Supreme Court Rules in Favour of Tata Group Against Mistry
The Supreme Court on March 26 ruled in favour of Tata Sons, allowing the conglomerate’s appeals against the National Company Law Appellate Tribunal (NCLAT) order...
Tata Group to Buy 68% in BigBasket for Rs 9.5K Crore
The Tata Group is in the final stages of acquiring a majority stake of 68 per cent in Supermarket Grocery Supplies, which runs and operates online grocery...
Voltas Q3 Results: Profit Jumps 46% to Rs 129 Crore
Tata Group company Voltas Ltd on Friday reported a 46.26 per cent increase in consolidated net profit at Rs 128.64 crore for December quarter 2020-21. The company had...
BigBasket Clocks 36% Revenue Growth in FY20
Online grocer BigBasket, which is currently in the final stages of closing a deal to sell a majority stake to the Tata Group, has reported a 36%...
Tata Rejects Mistry’s Share Swap Exit Plan
The Tata group spurned the Mistry family’s offer to swap its stake in Tata Sons Ltd for shares in the group’s listed companies, terming the separation plan...
Tata Group Valued SP Group’s Stake at Rs 80,000 Crore
Tata Group on Tuesday told the Supreme Court that the valuation of 18.4 per cent stake of Shapoorji Pallonji (SP) Group in the holding company is worth between...
Tata Digital Invests Rs 10 Cr in Govt’s Grameen e-Store
Tata Digital has reported that it has invested Rs 10 crore in the government’s rural e-commerce venture, Grameen e-Store. The company has purchased an undisclosed stake...
Tata Group to Buy 80% Stake in BigBasket for $1.3 Bn
The Tata Group is in advanced talks for buying around 80 per cent stake in BigBasket for around $1.3 billion, valuing India’s largest online grocery store at $1.6 billion,...
Tata Group in Talks to Pick Majority Stake in 1mg
Indian multinational conglomerate, Tata group is in talks with online pharmacy 1mg for acquiring a majority stake, said the people aware of the matter. The group with its...