menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

Tata Inves...
source image

Bloomberg Quint

1d

read

145

img
dot

Image Credit: Bloomberg Quint

Tata Investment Stock Surges As Tata Capital IPO Buzz Surrounds Dalal Street

  • Shares of Tata Investment Corp. surged as news of Tata Capital's upcoming IPO creates buzz in the market.
  • Tata Capital, the financial services arm of the Tata Group, is expected to have an IPO worth over Rs 15,000 crore.
  • The decision to list Tata Capital aligns with the RBI's requirement for NBFCs to be listed within three years of receiving notification.
  • Tata Investment Corp. shares rose by 12% in early trade, with law firm Cyril Amarchand Mangaldas and investment bank Kotak Mahindra Capital being roped in as advisors.

Read Full Article

like

8 Likes

For uninterrupted reading, download the app