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Tata Motors, RIL, Bajaj Finserv, IndusInd Bank in focus

Oct 13, 2021 - Business Standard India

IT majors Infosys and Wipro will release their quarterly earnings today, 13 October 2021.

Tata Motors and TPG Rise Climate entered into a binding agreement whereby TPG Rise Climate along with its co-investor ADQ, shall invest in a subsidiary of Tata Motors that will be newly incorporated. TPG Rise Climate along with co-investors shall invest Rs 7,500 crore in compulsory convertible instruments to secure between 11 % to 15 % stake in this company translating to an equity valuation of up to ...