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Tata Motors investment News

Tata Motors Ltd

12 Oct 2021

Tata Motors secures Rs 7,500 Crore from TPG Rise Climate for EV business

TPG Rise Climate and co-investors will invest Rs 7,500 crore in mandatory convertible instruments to achieve an 11 percent to 15 percent ownership in Tata Motors. The first round of capital infusion is planned to be finished by March 22, with the remaining monies infused by the end of 2022. TML's legal consultants for the deal are Khaitan & Co, Shardul Amarchand Mangaldas & Co, and Cleary Gottlieb.

21 Aug 2017

Tata Motors to pump in Rs 4,000 crore this fiscal to launch products

The company also expects to save over Rs 1,500 crore and add to the bottom line in its domestic business through various cost optimisation exercises and hopes return to the black in 2017-18.

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