Tata Motors Limited (TML) has entered into share purchase agreements to sell 9.9% stake in Tata Technologies Ltd (TTL) for an aggregate consideration of INR 1,613.7 crore. TPG Rise Climate is the lead investor for this transaction, which ascribes an equity valuation of INR 16,300 Cr (~US$ 2.0 billion) for TTL. TTL, a subsidiary of…
Tag: Tata Technologies
Tata Technologies to hire 1,000 women engineers to promote gender diversity
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•Global engineering and product development digital services firm Tata Technologies Ltd said it aims to hire over 1,000 women engineers in 2023-24 as part of its move to promote gender diversity across its workforce, according to PTI report. The company has launched its gender diversity-focused hiring campaign while encouraging women to join it for engineering…
Tata Technologies celebrates 6th consecutive year of Global ER&D Leadership in Zinnov Zones 2022
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•Tata Technologies, a global product engineering and digital services company, announced that it has been recognized as a global leader in the Zinnov Zones for ER&D services ratings for the sixth consecutive year. The company has been showcased as the electrification partner of choice for global OEMs by being positioned as 1st among all India-based Global ER&D Electrification specialists and 2nd globally. It has also been positioned as 1st among all India-based…