Tata Group is preparing to list its subsidiary, Tata Passenger Electric Mobility Ltd (TPEM), in an initial public offering (IPO) valued at $1–2 billion, with the goal of capitalizing on its investments in the electric vehicle (EV) industry. This action demonstrates the conglomerate’s dedication to profiting from the expanding EV market, per a BusinessLine report….
Tata Group Cap. At $365 Billion: With some Tata Group companies reporting outsized gains in the last year, the market value of the salt-to-software conglomerate has grown large enough to outstrip Pakistan’s whole economy. At latest count, the market capitalization of India’s largest corporate house was $365 billion, or Rs 30.3 lakh crore, while the…
Tata Group of companies launched their first IPO of TCS on 29-July-2004. The size of the IPO was Rs. 4713.47 Cr. And after two decades in 2023, Tata launched their another IPO which was of Tata Technologies. The total size of Tata Technologies IPO was Rs. 3,042.51 Cr. Now after the huge opening of Tata…
Tata Group Market Capital: The Tata Group became the first Indian business conglomerate to reach the historic milestone of having a collective market capitalization of over Rs 30 lakh crore. Increased share purchases of Tata Consultancy Services, Tata Motors, Tata Power, and Indian Hotels during the current year drove this spike in shareholder value. Notable…
Tata Motors has become the group’s third company to cross the Rs 3 lakh crore market capitalization mark. The market capitalization of the company includes Tata Motors’ ₹2,73,985 crore and Tata Motors DVR’s ₹27,940 crore. Titan and Tata Consultancy Services (TCS) had previously surpassed the Rs 3 lakh crore market capitalization threshold. On Tuesday, January…
Tata Group: Tata Sons Chairman N Chandrasekaran shared insights into Tata Sons’ foray into semiconductor manufacturing on Wednesday, revealing that negotiations for a semiconductor fab in Dholera are nearing completion.He highlighted the company’s commitment to venture into cutting-edge technology and manufacturing, positioning Tata Sons at the forefront of technological innovation, with the project set to…
