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Grapevine: Tatas eye up to 20% of Bigbasket; Zomato raises funds from US-based Kora

General

15 October, 2020

Grapevine: Tatas eye up to 20% of Bigbasket; Zomato raises funds from US-based Kora

Tata Group is in talks to acquire up to 20% in e-grocer unicorn Bigbasket to bolster its digital arsenal and ......

Grapevine: Walmart eyes large stake in Tatas super app; Bigbasket to raise funds

General

29 September, 2020

Grapevine: Walmart eyes large stake in Tatas super app; Bigbasket to raise funds

Walmart Inc., majority stakeholder in online retailer Flipkart, is looking to take up a large stake in the proposed super ......

Grapevine: RIL eyes Electronics Mart; IDFC First, others to sell Suryoday stake

General

25 September, 2020

Grapevine: RIL eyes Electronics Mart; IDFC First, others to sell Suryoday stake

Reliance Retail is in talks with Electronics Mart India for a possible acquisition of the consumer durables retail chain for ......

Time to separate with Tatas: Shapoorji Pallonji Group

General

22 September, 2020

Time to separate with Tatas: Shapoorji Pallonji Group

Shapoorji Pallonji Group said Tuesday it was time to end its seven-decade-long relationship with Tata Group, as their ties worsened ......

Grapevine: ARCIL, others bid for Reliance Commercial Finance; Tatas' Air India bid soon

General

14 August, 2020

Grapevine: ARCIL, others bid for Reliance Commercial Finance; Tatas' Air India bid soon

Thirteen investors submitted bids for Reliance Commercial Finance, which is undergoing an insolvency process, after lenders led by Bank of ......

Grapevine: Tatas seek financial partner for Air India; Zomato eyes $200 mn from Tiger Global

General

12 August, 2020

Grapevine: Tatas seek financial partner for Air India; Zomato eyes $200 mn from Tiger Global

The steel-to-software Tata group is seeking financial partners to join its bid for national carrier Air India, a media report ......

Grapevine: Tata Sons to buy out AirAsia from JV; Advent joins race for Ra Chem

General

09 July, 2020

Grapevine: Tata Sons to buy out AirAsia from JV; Advent joins race for Ra Chem

Tata Sons, the holding company of the Tata group, is in talks to buy out AirAsia Berhad’s 49% stake in ......

Tata Power to set up renewable energy InvIT, divest non-core assets

Infrastructure

02 July, 2020

Tata Power to set up renewable energy InvIT, divest non-core assets

Tata Power Co. Ltd plans to set up an infrastructure investment trust (InvIT) for its renewable energy assets and look ......

Tata Motors to shed 1,100 JLR jobs after pandemic hits earnings

Manufacturing

16 June, 2020

Tata Motors to shed 1,100 JLR jobs after pandemic hits earnings

Tata Motors Ltd expects to shed about 1,100 temporary jobs at Jaguar Land Rover after it raised the cost-cutting target ......

Tata Power subsidiary to sell three ships to German firm

Infrastructure

12 June, 2020

Tata Power subsidiary to sell three ships to German firm

Singapore-based Trust Energy Resources Pte Ltd (TERPL), a subsidiary of Tata Power Company Ltd, has announced that it will sell ......