Tata Sons Limited

Tata Sons, promoter of Tata Group, has sought approval from fair trade regulator CCI for acquiring an additional 10 per cent stake in DTH operator Tata Play from Singapore's sovereign wealth fund Temasek Holdings. Currently, Tata Sons owns a 60 per cent stake in Tata Play. After the completion of the deal, Tata Sons will have a 70 per cent holding in the entertainment content distribution platform. Tata Sons Pvt Ltd is an investment holding company, which is registered as a core investment company with the Reserve Bank of India and classified as a "Systemically Important Non-Deposit Taking Core Investment Company". "The proposed transaction relates to Tata Sons' acquisition of 10 per cent shareholding in Tata Play from Baytree Investments (Mauritius) Pte Ltd," said a notice filed with the Competition Commission of India (CCI) on Thursday. Baytree Investments (Mauritius) is an affiliate of Singapore's sovereign wealth fund Temasek Holdings. The proposed transaction is being notifie

At the time of his death, Ratan Tata had a 0.83 per cent stake in Tata Sons and a net worth of Rs 7,900 crore, according to the Hurun India Rich List 2024

Noel is the half-brother of the late Ratan Tata, and was already a key trustee of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust

Ratan Tata was a reflection of compassionate capitalism. Like other gems of the Tata brand, he didn't require any parliamentary legislation to fulfill his social responsibilities

Tata Sons holds 40 per cent stake in Tata AutoComp while Tata Motors owns 26 per cent

Tata Group companies pay a brand subscription fee for the privilege of using the 'Tata' name. Here is how much they will need to pay now

Tata Play has informed the Ministry of Information and Broadcasting about the change in shareholding

Based on a peak valuation of $96 billion, even a 5% stake in the company would still be worth more than Life Insurance Corp of India's $2.7 billion IPO in 2022

TCS dividend to fund Tata Sons investment in Apple stores, Wistron plant acquisition

Aditya Birla Group, a family business and 7 generations old, has a presence in various sectors, including metals, financial services, and retail

'Need to keep careful watch on commodity price rises,' Chandra tells employees in New Year message

Both firms own 18.4% stake in Tata Sons

'Air India already has scale... we are not doing this from scratch. We are doing this from a running start', said Wilson

'The UK business has come a long way. Today, it is Ebitda positive and cash positive'

The airline also plans to improve its inflight entertainment offerings across its domestic and international network by introducing a wider variety of content, Vistara said in a statement

Now the Mistrys are not getting even a board seat on Tata Sons, and the court has left it to both parties to negotiate the exit price of Mistrys

All that happened in the markets today

Industrial Energy Ltd (IEL) is a joint venture between Tata Power and Tata Steel in the ratio of 74:26, respectively

In the last five years, Tata Sons has cumulatively earned around Rs 62,500 crore as equity dividend

Tata's counsel also refuted allegations that Ratan Tata interfered in the affairs of Tata Sons