Tata Communications on Monday announced the completion of The Switch Enterprises LLC (The Switch) acquisition. The acquisition was undertaken by Tata Communications through its wholly owned international subsidiary Tata Communications (Netherlands) B.V. The acquisition worth Rs 486.6 crore in cash transaction was closed post customary adjustments and regulatory approvals. Tata Communications had entered into a […]
Tata Consumer Products is planning an expansion in its own product line making substantial investments in its mineral water brands. This was reported in the media on Thursday. Tata currently owns brands like Tata Copper+ and Himalayan. The development came following the company’s failed attempt to acquire the bottled water brand Bisleri. Sunil D’souza CEO […]
Singapore Airlines’ deal with Tata Sons (Tata) will inject a further SGD 360 million (USD 267 million) into Air India. It will give SIA a 25.1 per cent stake in the enlarged Air India group following its takeover by Tata and merger with Vistara Airlines. The November 2022 deal between Singapore Airlines and Tata Sons […]
Trent, a Tata group retail business, reports consolidated net profit of Rs 154.81 crore for the third quarter ended December 31, 2022 on Wednesday. Trent reported a net profit of Rs 113.78 crore in the October-December quarter of last year in a regulatory filing. During the quarter under review, its income from operations was Rs […]
Tata Group is on the point of acquiring a significant plant in southern India, creating the country’s first homegrown iPhone manufacturer. According to two people familiar with the process, the airline-to-software conglomerate has been in talks with the factory’s owner, Taiwan’s Wistron, for months and hopes to complete the purchase by the end of March. […]
Continuing the high pace of investment, Tata Group has already infused over Rs 5,000 crore into its e-commerce business this fiscal.
Mukesh Ambani-led Reliance Consumer Products (RCPL) is set to take on the likes of FMCG food brands including ITC, Tata Consumer Products, Adani Wilmar and Patanjali. RCPL, the newly formed FMCG arm of Reliance Retail Ventures (RRVL), offers staples, processed foods, beverages and other daily essentials under the newly launched brand Independence. On […]
