controlling

Tata Sons arm to acquire controlling stake in Tejas Networks for nearly Rs 1,890 cr

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Tejas Networks zooms on bagging order to supply 4G RAN solutions in South Asia

New Delhi : Tejas Networks, a telecom and network firm, on Thursday said an arm of Tata Sons will acquire controlling stake in it for nearly Rs 1,890 crore in a multi-step deal. The company has executed definitive agreements with Panatone Finvest, a subsidiary of Tata Sons (Tata group holding firm), it said in a … Read more

Tata Steel completes acquisition of controlling stake in Bhushan Steel

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Tata Steel Ltd had won the bid to acquire debt-laden Bhushan Steel Ltd (BSL) in an insolvency auction. The bankrupt firm was among the 12 stressed assets the RBI had referred for NCLT proceedings last year. “BNPL has successfully completed the acquisition of controlling stake of 72.65 percent in BSL in accordance with the approved … Read more

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