Tata Motors | The share price surged 29 percent in the week gone by on the back of reports of private equity firm TPG Group investing Rs 7,500 crore in its wholly-owned electric vehicle subsidiary. The TPG investment would be made in tranches over a period of 18 months from the date of completion of the first tranche. Also, the company's group global wholesales in Q2FY22, including that of Jaguar Land Rover, were at 2,51,689, 24 percent higher from Q2FY21. The global wholesales of Tata Motors’ commercial vehicles and Tata Daewoo range in Q2FY22 were at 89,055, higher by 57 percent and passenger vehicles were at 1,62,634, up 11 percent from Q2FY21.
2021-10-17 09:41:00 | Source by: MONEYCONTROL
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Tata Motors | The share price surged 29 percent in the week gone by on the back of reports of private equity firm TPG Group investing Rs 7,500 crore in its wholly-owned electric vehicle subsidiary. The TPG investment would be made in tranches over a period of 18 months from the date of completion of the first tranche. Also, the company's group global wholesales in Q2FY22, including that of Jaguar Land Rover, were at 2,51,689, 24 percent higher from Q2FY21. The global wholesales of Tata Motors’ commercial vehicles and Tata Daewoo range in Q2FY22 were at 89,055, higher by 57 percent and passenger vehicles were at 1,62,634, up 11 percent from Q2FY21.
2021-10-17 09:41:00 | Source by: MONEYCONTROL
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Prime Securities | CMP: Rs 110.05 | The share price rose 27 percent after the company's board approved the issue of up to 45,50,000 equity shares of the face value of Rs 5 each on a preferential basis at a price of Rs 88.75 a share, aggregating to Rs 40,38,12,500, to investors, including Meridian Investments, Anand Jain, Himanshi Kela, McJain Infoservices, Samir Arora and Latika Ahuja.
2021-10-17 09:41:00 | Source by: MONEYCONTROL
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Prime Securities | CMP: Rs 110.05 | The share price rose 27 percent after the company's board approved the issue of up to 45,50,000 equity shares of the face value of Rs 5 each on a preferential basis at a price of Rs 88.75 a share, aggregating to Rs 40,38,12,500, to investors, including Meridian Investments, Anand Jain, Himanshi Kela, McJain Infoservices, Samir Arora and Latika Ahuja.
2021-10-17 09:41:00 | Source by: MONEYCONTROL
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