Tata Group is considering buying Walt Disney Co.’s stake in Tata Play Ltd. to give it full control of the subscription television broadcaster, people familiar with the matter said, continuing a shakeup in India’s media industry. The companies are in preliminary talks about an acquisition of Disney’s significant minority stake, which would value Tata Play …
Mumbai: The market value of retail fashion chain Trent touched ₹1 trillion (lakh crore) on Friday, making it the fifth company from the Tata Group to achieve this milestone. Trent shares surged to an all-time high of ₹2,837.40 on Friday. The total market value of all listed Tata Group companies is over ₹25 lakh crore. …
Trent became the fifth stock among the listed Tata Group companies to cross the market capitalisation of Rs 1 lakh crore. Other stocks with a market cap over 1 lakh crore are Tata Consultancy Services (TCS), Titan, Tata Motors and Tata Steel. At the end of today’s trading session, Trent’s market cap stood at Rs …
Tata Group, one of India’s largest conglomerate, is poised to double iPhone assembly in India within two years. Last week, Tata sealed the deal to acquire Wistron‘s iPhone assembly plant in India for $125 million. According to noted Apple analyst Ming-Chi Kuo, “in 2023, 12–14% of global iPhone shipments are made in India.” As per …
Tata Group will start making iPhones in India for the local and global markets, India’s Deputy IT Minister Rajeev Chandrasekhar announced on Friday, moments after Wistron’s board approved the sale of Taiwanese firm’s plant in the southern part of India to the tech-to-airline conglomerate. Wistron’s board approved the deal to sell Wistron InfoComm Manufacturing (India) Pvt …
Singapore-based investment firm Temasek is in advanced talks with the Tata Group to sell its 20% stake in Tata Play to the Indian conglomerate that owns the largest stake in the direct-to-home (DTH) company, people privy to the development told ET. “There has been a lot of movement in the discussions between the two companies …
Tata Group is in advanced talks with Temasek Holdings Pte to buy back a stake in its entertainment content distribution platform at a valuation of more than $1 billion, according to people familiar with the matter. The Indian conglomerate and the Singaporean state investor are in the final stages of discussions around the interest of …
Tata Communications, a digital enterprise solutions provider, is looking to expand the scope of services within its media and entertainment services division to live news and events coverage, drawing on its expertise in providing support for telecast of live sports, a senior executive told ET. Amur Lakshminarayanan, managing director and chief executive, Tata Communications, also …