Tata Sons was to get Rs 700 crore from Siva group for the buyback of Tata Teleservices shares from NTT Docomo
Thomas Cook India today said it will acquire Tata Capital's wholly owned subsidiaries, Tata Capital Forex and TC Travel and Services. It did not share the value of the proposed transaction. Thomas Cook India said its board has approved the signing of an agreement with Tata group firm Tata Capital, to acquire its wholly owned subsidiaries, Tata Capital Forex and TC Travel and Services. "Our acquisition of Tata Capital's forex and travel companies serves to further strengthen the Thomas Cook India Group's leadership position in the travel and foreign exchange sector in the country," Thomas Cook (India) Chairman & MD Madhavan Menon said. This also gives, "us the opportunity to continue to serve the strong corporate portfolio of both Tata Capital Forex Ltd and TC Travel Services Ltd - large corporate houses including flagship Tata Group companies, as also a set of new retail customers", he added. The acquisition creates opportunities resulting in stronger customer ...
The app enables the user to check his/her loan eligibility and apply for a loan seamlessly using only a mobile device
Women borrowers will get loans 0.5% lower rate at 8.70%
Tata Capital says the facility was settled in June 2014 and due disclosures were made in the audited financial statements of the company
It will issue unsecured, non-convertible, perpetual debentures on a private placement basis
The company could raise as much as Rs 2,000 crore from the fund