Temasek in talks with Tata Group to offload 20% stake in Tata Play

Singapore-based investment firm Temasek is in advanced talks with the Tata Group to sell its 20% stake in Tata Play to the Indian conglomerate that owns the largest stake in the direct-to-home (DTH) company, people privy to the development told ET. “There has been a lot of movement in the discussions between the two companies …

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Tata said to be in advanced talks for Temasek’s Tata Play stake

Tata Group is in advanced talks with Temasek Holdings Pte to buy back a stake in its entertainment content distribution platform at a valuation of more than $1 billion, according to people familiar with the matter. The Indian conglomerate and the Singaporean state investor are in the final stages of discussions around the interest of …

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Historic! Air India acquires first A350-900 aircraft through finance lease transaction

Image Source : PTI REPRESENTATIVE IMAGE Tata-owned Air India has achieved a historic milestone as it successfully acquired India’s first Airbus A350-900 aircraft through a finance lease transaction with HSBC through theGujarat International Finance Tec-City (GIFT City). This is also the first wide-body aircraft to be leased through the GIFT City, the country’s first International …

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Tata Communications to scale up media & entertainment services, include live news, events coverage

Tata Communications, a digital enterprise solutions provider, is looking to expand the scope of services within its media and entertainment services division to live news and events coverage, drawing on its expertise in providing support for telecast of live sports, a senior executive told ET. Amur Lakshminarayanan, managing director and chief executive, Tata Communications, also …

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