Tata Motors Asks For $600 Million To Expand EV Business
Back in the funding game, Tata Motors asks for $600 million in funding from global investors to set the electronic vehicle business in motion. Already marking its presence in the EV segment, it is not the first time that Tata has asked for funding. The auto giant has already raised $1 billion from TPG’s Rise…
Tata Motors Is Ready For Expansion With Acquisition Of Ford’s Gujarat Plant
Tata Motors agrees to acquire the Ford Motors Co. plant based in Gujarat. According to Tata Motors’ statement, the Indian automaker will pay 7.26 billion rupees ($92 million) for the deal, which includes land, building, and a vehicle manufacturing plant in Sanand, Gujarat and its machinery and equipment. “With our manufacturing capacity nearing saturation, this…
Tata Technologies Likely To Launch Its IPO Soon
After a long period of 18 years, the IPO of Tata Group is to come out once again. Another subsidiary of this esteemed group is likely to get listed. This time, Tata technologies, a global product engineering and digital services subsidiary of Tata Motors, is going to launch its IPO. The bank has deployed bankers…
Tata Motors Receives Rs. 3750 Crore As TPG Rise Investment 
On March 30, Tata Group’s automobile manufacturing subsidiary, Tata Motors, said that the company has received Rs.3750 crore as the first allotment of investment from TPG Rise Climate, a private equity fund provider that focuses on climate sub-sectors. Last year, TPG Rise signed an agreement to mortgage an investment of Rs.7500 crore in Tata Motors…
TATA Motors Recorded Second Highest Sales in December 2021
TATA Motors Overtook Hyundai – the South Korean Carmaker and Recorded the Highest Sales in December 2021. Keep reading for full coverage. TATA Motors, one of India’s biggest and oldest industrial groups, overtook Hyundai and became the second-highest seller of passenger vehicles in the domestic market after decades in December 2021. Despite the second wave…
Switch Mobility, An EV Subsidiary Of Ashok Leyland, Scouts To Raise Funds
According to an insider source, commercial vehicle manufacturer, Ashok Leyland Ltd. is looking for its electric vehicle segment funding. “The company recently shifted its electric vehicle operations to its subsidiary Switch Mobility to better capitalise on growth potential,” said CFO Gopal Mahadevan. The board of directors of Ashok Leyland authorised the transfer of the electric…
Ranking The Top 10 Highest Paid CEOs in India Right Now
Despite its religious, cultural, and linguistic diversity, India is incredible in many ways. It is the largest democracy on the planet, and its economy has been developing leap and bound since the last few decades. As a nation, it is home to the second-largest native population after China. However, the high population density has caused…