Tata Motors, Girish Wagh and demerger
Tata Motors Demerger: BIG update ahead of two-way split!
Ahead of its big two-way split, Tata Group’s auto arm Tata Motors has announced the incorporation of wholly owned subsidiary. Just last week Tata Motors Executive Director Girish Wagh said that the proposed demerger will help the commercial vehicle vertical become more agile and capitalise on the opportunities available globally.
Tata Motors Finance to be merged with Tata Capital
Tata Motors Finance, the vehicle financing subsidiary of Tata Motors, will be merged with Tata Capital through an NCLT scheme of arrangement, after the boards of all the companies gave their approval on Tuesday.
Merger of Tata Motors Finance with Tata Capital gets board approval
As consideration for the merger, TCL will issue its equity shares to the shareholders of TMFL resulting in Tata Motors effectively holding a 4.7 per cent stake in the merged entity.
Tata Motors Finance merges with Tata Capital
Tata Motors Finance predominantly provides financing solutions for new and old commercial vehicles (CV), passenger vehicles (PV), dealers and vendors.
Tata Motors’ Girish Wagh says demerger of business to help commercial vehicle business capitalise on opportunities globally
Tata Motors demerger to enhance agility and capitalize on global opportunities in commercial vehicle and passenger vehicle segments.
Demerger to help commercial vehicle biz capitalise globally: Tata Motors
The proposed demerger of existing automotive business into two listed entities will help the commercial vehicle vertical become more agile and capitalise on the opportunities available globally, according to Tata Motors Executive Director Girish Wagh.
Tata Motors Fin to merge with Tata Capital via NCLT scheme of arrangement
The boards of Tata Motors, Tata Capital, and Tata Motors Finance have approved a merger of Tata Motors Fin with Tata Capital ...
Reuters23h
Indian carmaker Tata Motors' finance unit to merge with Tata Capital
Tata Motors Finance's shareholders will receive 37 Tata Capital shares for every 100 shares they hold, the company said. In March, Tata Motors said it will split into two listed companies, ...
Daily Excelsior16h
Tata Motors Shares vs Ashok Leyland Shares: Investment Comparison
Investing into the automotive industry can be quite beneficial. The two main companies that can be considered key market ...
Tata Motors board okays to incorporate new wholly-owned unit for CV biz
Tata Motors on Tuesday said its board has approved to set up a wholly-owned subsidiary to house commercial vehicles business.
moneycontrol.com9h
Tata Motors board okays to set up TML Commercial Vehicles as a new wholly-owned unit
Tata Motors on Tuesday said its board has approved to set up a wholly-owned subsidiary to house commercial vehicles ...
Business Line17h
Tata Motors to incorporate new wholly-owned subsidiary to house commercial vehicle business
Tata Motors on Tuesday said its board has approved to set up a wholly-owned subsidiary to house commercial vehicles ...
Tata Motors Share Price Highlights : Tata Motors closed today at ₹950.5, up 3% from yesterday's ₹922.85
Tata Motors stock price went up today, 03 Jun 2024, by 3 %. The stock closed at 922.85 per share. The stock is currently ...
ABP Live on MSN13h
Tata Altroz Racer Launch Date: How Much Will This Hot Hatch Cost?
Tata Motors will launch the Altroz Racer performance hatchback on the 7th of June and it is a performance oriented version of ...
Business Line14h
Tata Motors form subsidiary for CV; TMFCL to merge with Tata Capital Ltd
Tata Motors announced the formation of a wholly-owned subsidiary for its commercial vehicle business. The owned subsidiary will be called TML Commercial Vehicle Ltd (TMLCVL). “TMLCVL is proposed ...