Business

Tata Energy in evolved talks to employ $600-700 million for its renewable energy biz

Tata Power is in advanced talks with investors, including Canadian Pension Plan Investment Board (CPPIB) as well as Singaporean sovereign fund Temasek Holdings and private equity firm General Atlantic to raise as much as $600-700 million (Rs 4478 crore – 5225 crore) for the renewable energy business at an equity valuation of around $6-7 billion.The…

Published

3 years ago

February 7, 2022

Shrishti

Tata Energy in evolved talks to employ $600-700 million for its renewable energy biz

Tata Energy is in evolved talks with merchants, including Canadian Pension Opinion Funding Board (CPPIB) as effectively as Singaporean sovereign fund Temasek Holdings and deepest equity firm Total Atlantic to employ as much as $600-700 million (Rs 4478 crore – 5225 crore) for the renewable energy industry at an equity valuation of round $6-7 billion.The deal is at an evolved stage and is liable to be concluded within the approaching weeks…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

1 year ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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