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India's Tata group shares gain after Moody's upgrades ratings

2014-09-19 15:57:20| Steel - Topix.net

Moody's Investors Service yesterday upgraded ratings of half a dozen Tata Group firms, including TCS and Tata Motors, on account of Tata Sons' track record in providing timely support to these firms. Shares of Tata Group firms today rose in the range of 1-12 per cent after Moody's Investors Service upgraded ratings of half a dozen group companies.

Tags: group ratings gain shares

 

Mayank Pareek quits Maruti may join Tata Motors

2014-09-17 09:32:16| Automakers - Topix.net

In a major senior-level change, the head of marketing and sales at India's largest passenger car maker Maruti Suzuki, Mayank Pareek, has quit the company after over two decades in the firm. It is widely speculated in the industry that he is set to join Tata Motors, which is scouting for a managing director after the untimely death of Karl Slym in January this year.

Tags: join motors tata quits

 
 

Tata Steel ties up with clutch of banks to raise $4 billion debt

2014-09-17 02:59:12| Steel - Topix.net

Tata steel, India's largest steel producer, has tied up foreign debt of nearly $4 billion from a clutch of foreign and state-owned bank s. The loan, designated in Euro and sterling pound, is aimed at refinancing the existing debt the company raised to acquire the UK-based steel company Corus Group Plc.

Tags: steel debt raise banks

 

Tata Group's Croma, Snapdeal tie-up to sell mobiles, tablets, other electronic products

2014-09-16 14:32:33| Steel - Topix.net

Tata Group promoted electronics retail chain Croma and Snapdeal.com today entered into a strategic partnership to sell products online. As per the agreement, Snapdeal.com would create Croma's Flagship Store on its e-commerce portal to sell electronics items including mobiles, tablets and laptops, a statement by both the retailers said.

Tags: products groups sell electronic

 

Ratan Tata invests in online jewellery store

2014-09-12 13:48:32| Steel - Topix.net

Ratan Tata, chairman emeritus of the $100-billion Tata Group, has made a personal investment in online jewellery store Bluestone.com. Ratan Tata, chairman emeritus of the $100-billion Tata Group, has made a personal investment in online jewellery store Bluestone.com, his second such investment in e-commerce in less than two weeks.

Tags: online store jewellery tata

 

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