Group Executive Director

Tata Steel raises Rs 4,000 cr via non-core asset sale

The Mumbai-based firm said last week it sold 1.33 percent stake in group company Tata Motors to institutional investors for Rs 1,250.69 crore. It also sold a similar stake in Tata Motors to promoter group Tata Sons for Rs 1,249.99 crore as part of portfolio restructuring.

Tata Steel shareholders clear proposal to raise Rs 10k cr

On the fund raising, Tata Steel, in its annual report, had said that it seeks to continuously optimise its borrowings by ensuring they are aligned in terms of quantum, risk, maturity and cost with its earnings profile.

Tata Steel sells 2.18% stake in Titan to Tata Sons

In a BSE filing, the Mumbai-based firm said: it "has on August 11, 2015 sold 1,93,87,920 shares (2.18 percent) of Titan Company Ltd to Tata Sons Ltd through a market sale for a net consideration of Rs 637.46 crore."

Chinese realty major looks to invest $5 bn in India

Wanda group Chairman Wang Jainlin, who yesterday met Prime Minister Narendra Modi, held discussion with top officials of DLF - India's largest realty firm - to explore possible joint venture for the township.

Tata Steel trims capex by 25% to Rs 10,000-cr this fiscal

Total consolidated income of the firm declined by 21 percent to Rs 33,666.18 crore in January-March quarter of 2014-15 fiscal, from Rs 42,428.05 crore in the same quarter of the 2013-14.

Tighter provisioning norms will not affect us: DLF

Real estate stocks have been under pressure after the monetary policy. Rajeev Talwar, Group Exec Director of DLF, in an interview with CNBC-TV18’s Mitali Mukherjee and Udayan Mukherjee, analysed the impact of the credit policy on the realty stocks.