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Tata Sons and Singapore Airlines aid Vistara with 740 crores techstory.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techstory.in Daily Mail and Mail on Sunday newspapers.
Tata Sons to acquire majority stake in telecom firm Tejas Networks domain-b.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from domain-b.com Daily Mail and Mail on Sunday newspapers.
Tata Sons arm to acquire majority stake in Tejas Networks By IANS | 0 Views Tata Sons surpasses Centre as the largest promoter of listed companies. Image Source: IANS News Bengaluru, July 29 : Panatone Finvest Limited, a subsidiary of Tata Sons Private Ltd plans to acquire controlling stake in telecom equipment maker Tejas Networks. Panatone Finvest will buy a 43.3 per cent stake in Tejas Networks for Rs 1,850 crore and along with other Tata Group companies, Panatone would make a public announcement to acquire up to another 26 per cent stake in Tejas. Tejas Networks has executed definitive agreements with Panatone. In a regulatory filing, Tejas said that it sees a very large opportunity in the telecom sector both in India and global markets with the new cycle of investments in 5G and fiber-based broadband rollouts. ....
Tatas deal to buy up to 64.3 pc stake in BigBasket gets CCI approval NEW DELHI, Apr 29: Competition Commission of India has approved Tatas’ proposal to acquire up to 64.3 per cent stake in BigBasket, a deal that will provide the diversified group a strong foothold in the fast-growing online grocery market. Under the deal, Tata Digital Ltd (TDL) will purchase up to 64.3 per cent of the total share capital of Supermarket Grocery Supplies Pvt Ltd (SGS) as well as SGS sole control over Innovative Retail Concepts Pvt Ltd. SGS is into B2B (business-to-business) sales through the portal business.Bigbasket.Com. ....