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Sumitomo holds 44% in SML Isuzu; current stake valued at Rs 1,100 cr; deal may happen at a discount to current trading price
The company will use the proceeds for further lending and to improve its leverage ratios
Experts expect big-ticket M&A transactions in FY26 despite global headwinds
Over a dozen investors keen on buying the bonds that may be backed by the group's stake in Tata Sons
Transaction expected to cost around $1.2 billion, say bankers
To be funded through a mix of cash, debt/equity sale
Conglomerate's engineering and construction company gets board approval for fundraising
Blackstone to invest $100 bn in India in future
The payment comes ahead of a scheduled hearing on March 12 at the National Company Law Tribunal (NCLT) in Mumbai
The appointment comes at a time when other business conglomerates, including the Tatas, are investing heavily in the financial services sector
The fundraising comes as the company prepares for an initial public offering (IPO), expected by September, pending shareholder approval
Lim and Sood say they are bullish on infrastructure, consumer, technology, and healthcare sectors, and see opportunities in Indian despite global uncertainties
Under the factoring arrangement, Tata Steel discounts its sales receivables with Tata Capital (TCL) arising from goods sold on credit to customers
Blackstone, an American private-equity firm, has backed off, citing a high valuation, according to bankers
The billionaire Lodha brothers are in a legal dispute over the use of the "Lodha" trademark and division of family assets
British firm holds 51% stake in Castrol India valued at Rs 11,000 crore
Financial services company also approves rights issue of Rs 1,504 cr as it moves to comply with RBI regulations
Tata Sons, which holds 93 per cent in Tata Capital, will subscribe to the full extent of its portion in the rights issue, said a source close to the development
PE firm to make open offer to buy additional 26% for Rs 1,600 cr
Deal negotiations got delayed owing to differences over loss-making segments of the Indian company